Marubeni raises full-year profit estimate on strong metals, energy earnings
Japanese trading house Marubeni Corp’s logo at its headquarters in Tokyo, Japan, August 12, 2026. REUTERS/Kim Kyung-Hoon
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TOKYO, Nov 4 : Japanese trading house Marubeni Corp on Wednesday raised its net profit forecast for the 2026 fiscal year by 9 per cent, citing stronger earnings from its copper, coking coal and aluminium assets as well as robust performance in its energy and chemical segment.
• The company now forecasts record net profit of 630 billion yen ($3.99 billion) for the year ending March 2027, up from its May estimate of 580 billion yen
• It also raised its annual dividend forecast to 125 yen per share, against its May forecast of 115 yen
• “Profitability has expanded strongly, driven by both the resources and non-resources businesses,” Chief Executive Officer Masayuki Omoto told a press conference
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• The company is on track to achieve its fiscal 2027 net profit target of at least 620 billion yen, set out in its medium-term management plan announced in February 2025, one year ahead of schedule, Omoto said
• In light of the strong results, the company plans to increase new investments by 100 billion yen and shareholder returns by 20 billion yen this fiscal year, he said
($1 = 157.8800 yen)
Source: Reuters
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