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Marubeni (8002) investor relations material
Marubeni Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net profit for Q1–Q3 FYE 3/2026 was ¥432.3bn, up 1.7% year-over-year, supported by a one-time real estate gain.
Revenue rose 7.9% year-over-year to ¥6,172.4bn, driven by growth in Metals & Mineral Resources and Food & Agri Business.
Operating profit declined 14.3% year-over-year to ¥190.6bn due to higher SG&A expenses and lower gross trading profit.
Full-year net profit forecast was raised to ¥540.0bn (+¥30.0bn), reflecting improved business performance and higher commodity prices.
Upward revisions reflect increased contributions from growth investments and a one-time valuation gain from real estate integration.
Financial highlights
Gross trading profit decreased by 1.2% to ¥858.8bn, mainly due to declines in Energy & Chemicals and Metals & Mineral Resources.
Basic earnings per share for the nine months was ¥262.33, up from ¥255.82 in the prior year.
Total assets increased to ¥10,011.3bn, and equity attributable to owners rose to ¥4,138.7bn.
Net interest-bearing debt increased to ¥2,182.9bn; net D/E ratio at 0.53x.
Free cash flow was positive at ¥7.7bn for the period.
Outlook and guidance
Full-year net profit forecast is ¥540.0bn, with adjusted net profit at ¥485.0bn.
Core operating cash flow forecast raised to ¥570.0bn.
Annual dividend forecast increased to ¥107.5 per share; share buyback program totals ¥55.0bn for FYE 3/2026.
Share repurchases of up to ¥15.0bn or 5 million shares are planned between February and June 2026.
Market cap target of over ¥10tn brought forward to FYE 3/2028.
- TimeTickerHeadlineOpen
- 6 FebJ
Strong growth, digital innovation, and margin expansion drive robust multi-year financial outlook. - 6 Feb004020
Operating profit rose on cost savings and high-value sales, with major US expansion underway. - 6 FebJOUT
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Record 2025 occupancy and 7% Core FFO growth; 2026 targets 5.5% FFO growth and strong acquisitions. - 6 FebPROV
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AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high. - 6 FebCRI
Net loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway.
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