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3w ago

Marubeni Beats Profit Forecasts, Sets Cautious Guidance Amid U.S. Tariff Concerns

The Japanese trading house reported a 7% rise in annual net profit to 503 billion yen and outlined a 510 billion yen forecast with a 30 billion yen tariff buffer.

The logo of Marubeni Corp is seen at the company headquarters in Tokyo, Japan, May 10, 2016. REUTERS/Toru Hanai/File Photo
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Overview

  • Marubeni posted a 7% increase in net profit for the fiscal year ending March 2025, reaching 503 billion yen, surpassing analyst expectations.
  • The company forecasts a net profit of 510 billion yen for the next fiscal year, including a 30 billion yen buffer to mitigate potential U.S. tariff impacts.
  • CEO Masayuki Omoto stated that significant and immediate effects from U.S. tariffs are not anticipated, despite ongoing trade negotiations between Tokyo and Washington.
  • Marubeni plans substantial capital allocation with 570 billion yen earmarked for growth investments and 210 billion yen for shareholder returns, including a 70 billion yen share buyback program.
  • Berkshire Hathaway, led by Warren Buffett, continues to increase its stakes in Marubeni and other Japanese trading houses, underscoring investor confidence in their strategies.