Marubeni Corporation · TSE:8002
Marubeni — H1 FY2007 Earnings Presentation
11 slides from Marubeni's earnings presentation, Nov 1, 2007
Slide 1: Presentation: Financial Results for the 1st Half of FY2007
Presentation: Financial Results for the 1st Half of FY2007 Nov 1, 2007 At Tokyo Headquarters, Marubeni Corporation
Slide 2: Financial Results for the 1st Half of FY2007 and the Roundup of "G" PLAN
Financial Results for the 1st Half of FY2007 and the Roundup of “G”PLAN
Slide 3: 1. Net Income
1．Net Income “G” PLAN Target = JPY 220.0 bn < 2-year-total> Accumulated （billions of yen） actual achievement JPY 199.6 bn JPY 264.3 bn as of Sep.30, 2007. Revised Pros. Progress ratio (Prospect) 20% beyond 91% the target 145.0 140 Yearly 1H Results Pros. at the start of fiscal year Upward revision 1
Slide 4: 2. Adjusted Operating Profit & Core Earnings
2. Adjusted Operating Profit & Core Earnings *Adjusted operating profit = Gross trading profit – SGA expenses (excluding restructuring costs) **Core earnings = Adjusted operating profit + Dividend income ± Equity in earnings of affiliated companies (excluding restructuring costs) Adjusted Operating
Slide 5: 3. Business Portfolio & Earnings Structure
3．Business Portfolio & Earnings Structure Net Income Resources Total Assets * 20% * Consumer Products Finance, Logistics & Resources 10% New Business Consumer Development & Energy 36% Products September 2007 Construction Textile 21% JPY 5,308.5 bn Agri-Marine Products Resources Iron & Steel Strategi
Slide 6: 4. Total Assets, Shareholders' Equity & Net D/E Ratio
4. Total Assets, Shareholders’ Equity & Net D/E Ratio Shareholder' equity Net interest-bearing debt Net D/E ratio (billions of yen) (times) 【Total Assets】 6,000 9Steady progress in asset enhancement and improvement of asset efficiency along with profitability, Total Assets 10.30times due to aggressi
Slide 7: 5. Shareholders' Equity & Net Risk Assets
5. Shareholders’ Equity & Net Risk Assets “A” PLAN “V”PLAN “G”PLAN （billions of yen) 【Risk Management】 900 9 To firmly maintain shareholders’ equity ever-above the risk assets. 821.0 800 745.5 700 652.7 645.9 723.5 625.6 584.7 600 642.5 Net Risk Asset 572.6 500 400 663.8 300 200 393.0 443.2 263.9 26
Slide 8: 6. New Investments
6．New Investments (unit: billions of yen) 1st Quarter FY2007 2nd Quarter FY2007 2nd Half Strategic Fields (Actual) (Actual) FY2007 amount main projects amount main projects (plan) LNG/Equatorial Guinea Energy & LNG / Peru Fields to strengthen Refinery in Qatar Resources QCMM (Coal concession in Aust
Slide 9: 7. The Roundup of "G" PLAN (as of September 2007)
7．The Roundup of “G”PLAN (as of September 2007) Profitability Stability Scale Consolidated Shareholders’ Profit After Taxes Equity Total Assets Total for 2 years by the End- End-September 2007 As of September 30, 2007 JPY199.6 bn 821.0 billion yen Attainment of 91% of the target As of September 30,
Slide 10: (reference) Net Income by Operating Segment
(reference) Net Income by Operating Segment (billions of yen) FY2007 Assumptions of the Yearly Prospects 35 and Price Sensitivity <Initially estimated> <Revised for the 2nd Half> Yearly 31.6 31.5 (Upper figures) ①Foreign Exchange Rate 115 YEN/USD → 115 YEN/USD 30 Left : FY2005 Actual Results 1YEN/US
Slide 11: Disclaimer Regarding Forward-Looking Statements
DISCLAIMER REGARDING FORWARD-LOOKING STATEMENTS THIS DOCUMENT CONTAINS FORWARD-LOOKING STATEMENTS ABOUT THE PERFORMANCE OF MARUBENI AND ITS GROUP COMPANIES, BASED ON MANAGEMENT'S ASSUMPTIONS IN LIGHT OF CURRENT INFORMATION. THE FOLLOWING FACTORS MAY THEREFORE INFLUENCE ACTUAL RESULTS. THESE FACTORS