Investments
54Portfolio Exits
16Partners & Customers
10About Marubeni Corporation
Marubeni Corporation (TYO: 8002) is a Japanese trading company with activities in multiple business areas, including food products, materials, chemicals, energy, metals and mineral resources, transportation machinery. Marubeni's activities also extend to power projects and infrastructure and Marubeni has a large business unit within energy and is an EPC-contractor as well as an owner of Independent Power Producer (IPP) around the world.
Marubeni Corporation Headquarter Location
2-7-1 Nihonbashi, Chuo-ku Tokyo Nihonbashi Tower
Tokyo, 103-6060,
Japan
81(3)3282-2111
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Marubeni Corporation Rank
Latest Marubeni Corporation News
Aug 5, 2022
Japan's trading houses log bumper Q1 profits on strong coal, oil prices Trending Topics Trending Topics Japan's trading houses log bumper Q1 profits on strong coal, oil prices FILE PHOTO: The logo of the Japanese trading company Mitsui & Co. is seen in Tokyo, Japan, May 10, 2016. REUTERS/Toru Hanai 05 Aug 2022 07:11PM (Updated: 05 Aug 2022 07:11PM) TOKYO : Japan's top five trading houses mostly reported bumper profits for the first quarter thanks to higher prices of coking coal, oil and liquefied natural gas (LNG) as well as solid demand for steel products and automobiles. But they, including Mitsubishi Corp whose profit jumped in the April-June period and reached 63 per cent of its annual forecast, stuck to their full-year forecasts of a year-on-year profit decline, citing growing concerns over a global economic slowdown. Like their global rivals in energy and mining, Mitsubishi, Mitsui & Co and other trading houses have benefited from the rally in energy and commodities markets. The biggest gainer was Mitsubishi whose first-quarter net profit nearly tripled to a record 534 billion yen ($4 billion), followed by Marubeni Corp whose profit soared 80 per cent, Sumitomo Corp with a 45 per cent jump and Mitsui with a 44 per cent leap. Only Itochu Corp booked a 14 per cent fall due to smaller one-off gains than a year earlier. Rising inflation worldwide, China's slowing economic growth and recent drops in some commodities such as coking coal and copper may constrain future profit growth, executives warned. "There is growing uncertainty due to a global economic slowdown, falling resource prices, prolonged Russia-Ukraine conflict and global monetary tightening," Mitsubishi Chief Financial Officer Yuzo Nouchi said. Marubeni's strong first-quarter results also led to 50 per cent progress on its full-year profit estimate. "But we are keeping our annual profit forecast as we see an extremely uncertain business environment in the second quarter and beyond," Chief Financial Officer Takayuki Furuya said, citing fears over recession and demand destruction. "We need to examine how natural resource prices will move and how slowing demand and higher raw material costs will constrain profits in manufacturing sector and trading margins," he said. Marubeni also said on Friday it slashed the value of its stake in the Sakhalin-1 oil project in Russia by 8 billion yen to 3 billion yen at the end of June. Mitsui and Mitsubishi have cut the value of their stakes in the Sakhalin-2 LNG project by 217.7 billion yen after Moscow's move to seize control of it. Following is a table of net profit for the April-June first quarter by Japan's top five trading houses. (in billions of yen) Q1, FY22 Q1, FY21 year/year progress to change(%) full-year
Marubeni Corporation Investments
54 Investments
Marubeni Corporation has made 54 investments. Their latest investment was in D-ID as part of their Series B on March 3, 2022.
Marubeni Corporation Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
3/22/2022 | Series B | D-ID | $25M | Yes | 5 | |
12/15/2021 | Corporate Minority | Covantis | Yes | 2 | ||
6/30/2021 | Series D - II | Skeleton Technologies | $34.39M | No | 2 | |
5/26/2021 | Series C | |||||
3/5/2021 | Corporate Minority |
Date | 3/22/2022 | 12/15/2021 | 6/30/2021 | 5/26/2021 | 3/5/2021 |
---|---|---|---|---|---|
Round | Series B | Corporate Minority | Series D - II | Series C | Corporate Minority |
Company | D-ID | Covantis | Skeleton Technologies | ||
Amount | $25M | $34.39M | |||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 5 | 2 | 2 |
Marubeni Corporation Portfolio Exits
16 Portfolio Exits
Marubeni Corporation has 16 portfolio exits. Their latest portfolio exit was Marubeni Corporation - North Sea Oil & Gas Assets on September 13, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
9/13/2021 | Divestiture | Marubeni Corporation - North Sea Oil & Gas Assets | 1 | ||
8/5/2021 | Acquired - II | 2 | |||
1/19/2021 | Acq - Fin | 12 | |||
Date | 9/13/2021 | 8/5/2021 | 1/19/2021 | ||
---|---|---|---|---|---|
Exit | Divestiture | Acquired - II | Acq - Fin | ||
Companies | Marubeni Corporation - North Sea Oil & Gas Assets | ||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 2 | 12 |
Marubeni Corporation Acquisitions
12 Acquisitions
Marubeni Corporation acquired 12 companies. Their latest acquisition was Danish Salmon on April 16, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
4/16/2020 | Corporate Majority | 1 | ||||
2/27/2020 | Acquired | 2 | ||||
11/26/2019 | Acq - P2P | 2 | ||||
10/4/2019 | ||||||
10/4/2019 |
Date | 4/16/2020 | 2/27/2020 | 11/26/2019 | 10/4/2019 | 10/4/2019 |
---|---|---|---|---|---|
Investment Stage | |||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Corporate Majority | Acquired | Acq - P2P | ||
Sources | 1 | 2 | 2 |
Marubeni Corporation Partners & Customers
10 Partners and customers
Marubeni Corporation has 10 strategic partners and customers. Marubeni Corporation recently partnered with J-POWER on June 6, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
6/8/2022 | Partner | Japan | 1 | ||
4/29/2022 | Vendor | United States | AI Eye Podcast 689: Stocks discussed: (NasdaqGS: $BIDU) (NasdaqGM: $VERI) (OTC: $MARUY) Veritone , Inc. reports that its Artificial Intelligence-powered intelligent distributed energy resource management solution has been selected by Japanese integrated trading and investment business conglomerate Marubeni Corporation to provide price , demand and generation forecasts at their pilot project in the California Independent System Operator SP-15 region . | 1 | |
4/20/2022 | Licensor | Norway | Proximar signs initial 10-year deal with Marubeni for salmon sales in Japan Proximar Seafood , the land-based salmon farming project located at the foot of Japan 's Mount Fuji , has announced an exclusive distribution agreement with Marubeni Corporation . | 1 | |
3/23/2022 | Partner | ||||
2/21/2022 | Partner |
Date | 6/8/2022 | 4/29/2022 | 4/20/2022 | 3/23/2022 | 2/21/2022 |
---|---|---|---|---|---|
Type | Partner | Vendor | Licensor | Partner | Partner |
Business Partner | |||||
Country | Japan | United States | Norway | ||
News Snippet | AI Eye Podcast 689: Stocks discussed: (NasdaqGS: $BIDU) (NasdaqGM: $VERI) (OTC: $MARUY) Veritone , Inc. reports that its Artificial Intelligence-powered intelligent distributed energy resource management solution has been selected by Japanese integrated trading and investment business conglomerate Marubeni Corporation to provide price , demand and generation forecasts at their pilot project in the California Independent System Operator SP-15 region . | Proximar signs initial 10-year deal with Marubeni for salmon sales in Japan Proximar Seafood , the land-based salmon farming project located at the foot of Japan 's Mount Fuji , has announced an exclusive distribution agreement with Marubeni Corporation . | |||
Sources | 1 | 1 | 1 |
Marubeni Corporation Team
3 Team Members
Marubeni Corporation has 3 team members, including current Chief Executive Officer, Hiroshi Ikuno.
Name | Work History | Title | Status |
---|---|---|---|
Hiroshi Ikuno | Chief Executive Officer | Current | |
Nagoya Branch | Chief Operating Officer | Current | |
Tomoyuki Asano | Chief Executive Officer | Former |
Name | Hiroshi Ikuno | Nagoya Branch | Tomoyuki Asano |
---|---|---|---|
Work History | |||
Title | Chief Executive Officer | Chief Operating Officer | Chief Executive Officer |
Status | Current | Current | Former |
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