Marubeni Corporation

Equities

8002

JP3877600001

Diversified Industrial Goods Wholesale

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-05-09 am EDT			5-day change	1st Jan Change
2,931 ^JPY	+1.88%		+2.93%	+31.52%

May. 07	Marubeni Buys Back 5.7 Billion Yen Worth of Shares	MT
May. 06	Marubeni to Cancel Treasury Shares in October	MT

Marubeni Corporation : - Development of Wood-based Biomass Power Plant in Aichi Prefecture

November 05, 2020 at 09:06 am EST

Marubeni Corporation (hereinafter, 'Marubeni'), JAG Energy Co., Ltd (hereinafter, 'JKE') and Osaka Gas Co., Ltd (hereinafter, 'Osaka Gas') established a special purpose company, Aichi Tahara Biomass Power Plant G.K. to develop a wood-based power plant, Aichi Tahara Biomass Power Plant, in Tara City, Aichi Prefecture.

This project will cover the construction and operation of a wood-based dedicated biomass power plant with a power generation output of 75MW in Tahara City, Aichi Prefecture, and the sale of the generated electricity. We will aim for the start of power plant operations in October 2024 with the understanding and cooperation of the local population and other related parties.

Contact:

Tel: [81] (3) 3282-2111

Latest news about Marubeni Corporation

Marubeni Buys Back 5.7 Billion Yen Worth of Shares	May. 06	MT
Marubeni to Cancel Treasury Shares in October	May. 06	MT
Marubeni Flags Extraordinary Loss of 24 Billion Yen in Fiscal Year Ended March	May. 06	MT
Marubeni to Buy Back Up to 7 Billion Yen of Shares	May. 06	MT
Marubeni's Attributable Profit Slides 13% in Fiscal Year 2024	May. 02	MT
Marubeni Corporation announces an Equity Buyback for 38,000,000 shares, representing 2.27% for ¥50,000 million.	May. 02	CI
Marubeni Corporation Revises Dividend Guidance for the Fiscal Year Ended March 31, 2024	May. 02	CI
Marubeni Corporation authorizes a Buyback Plan.	May. 01	CI
AiDash Inc announced that it has received $58.5 million in funding from a group of investors	Apr. 28	CI
Rheinmetall to Supply Japan With Autonomous Unmanned Ground Vehicles	Apr. 08	DJ
Japan's Mitsui OSK starts FSRU operations for Indonesian gas-fired power plant	Apr. 05	RE
Marubeni Corporation acquired 74% stake in Dtds Technology Pte Ltd.	Apr. 03	CI
Iosys, Co., Ltd. announced that it has received funding from Marubeni Corporation	Mar. 31	CI
Antofagasta Unit Signs $2.5 Billion Financing Pact for Centinela Mine Expansion -- Update	Mar. 19	DJ
Antofagasta Says Minera Centinela Unit Signed $2.5 Billion Financing Pact	Mar. 19	DJ
Japanese firms join forces to promote floating offshore wind power development	Mar. 15	RE
Hudbay Minerals Signs Deal With Marubeni to Advance Canada Exploration	Mar. 13	DJ
Berkshire Hathaway: A new chapter	Feb. 26
Nikkei extends record rally on pharma boost	Feb. 25	RE
Marubeni Corporation acquired additional minority stake in Aeon Co., Ltd..	Feb. 25	CI
Buffett ups his holdings of Japanese trading houses to about 9%	Feb. 25	RE
Warren Buffett says Berkshire 'built to last' though eye-popping gains are over	Feb. 24	RE
Tranche Update on Marubeni Corporation's Equity Buyback Plan announced on November 2, 2023.	Feb. 12	CI
Correction: Market Chatter: Engie, Marubeni Consider Sale of Senoko Energy Stake	Feb. 09	MT
Engie, Marubeni Consider Sale of Senoko Energy Stake	Feb. 09	MT

Chart Marubeni Corporation

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Company Profile

Marubeni Corporation is a diversified group organized primarily around 12 business segments: - sale of agricultural products and related services (47% of net sales): sale of agricultural inputs (crop protection products, fertilizers, seeds, etc.), precision farming services, formulation of crop protection products, export of cereals and oilseeds, etc.; - sale of food products (17.6%); - production and distribution of oil, gas, alternative energy and electricity (10.4%); - production of chemicals and petrochemicals (6.4%); - production of metals and mineral resources (4.9%); - sale and financing of industrial and construction machinery and equipment (4.6%). The group also develops car sales and tire distribution activities; - sales of consumer electronics (4.3%). In addition, the group develops real estate development and management activities; - sale of forest products (2.3%): wood chips and biomass fuel, pulp and waste paper, paper, paperboard, hygiene products, building & construction materials and wood products; - sale of apparel, accessories, textile and lifestyle products (1.1%); - management and operation of aircraft and ships (1%); - development of energy production units and industrial installations (0.3%); - finance and leasing (0.1%): auto finance, aircraft leasing, aircraft engine leasing, leasing and renting of refrigerated trailers, commercial vehicles and commercial freight railcars, etc. Net sales are distributed geographically as follows: Japan (37.2%), the United States (42.5%)

Sector

Diversified Industrial Goods Wholesale

Calendar

2024-08-01 - Q1 2025 Earnings Release (Projected)

Related indices

Nikkei 225

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Ratings for Marubeni Corporation

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2,877 JPY

Average target price

2,935 JPY

Spread / Average Target

+2.00%

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Company calendar

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Diversified Industrial Goods Wholesale