The long-term trend toward a divided global economy, influenced by high import tariffs introduced by US President Donald Trump, is likely to result in more intense examination of companies that operate in certain countries and regions.
Omoto stated, "We are no longer a trading company. Most of our businesses are essentially domestic."
Marubeni, established in 1858 as a flax trading firm, contributed significantly to Japan's economic recovery after World War II. It helped secure essential resources through investments in fossil fuel and port infrastructure, and promoted Japanese industrial products in international markets.
Similar to other Japanese trading companies, Marubeni expanded into diverse sectors, often with investments that did not clearly support its trading activities. This diversification was also a response to losses caused by the 2015 drop in commodity prices.
In 2022, Marubeni reduced its grain trading activities by selling Gavilon for $3 billion. This acquisition, made in 2013, proved unsuccessful and led to a series of write-downs of assets. In the past five years, the portion of profits from non-commodity businesses has grown for most Japanese trading companies.
For Marubeni, these non-commodity investments accounted for 74% of its adjusted net profit during the July to September period, which totaled 220 billion yen, or approximately $1.4 billion.
source: ft.com
Omoto stated, "We are no longer a trading company. Most of our businesses are essentially domestic."
Marubeni, established in 1858 as a flax trading firm, contributed significantly to Japan's economic recovery after World War II. It helped secure essential resources through investments in fossil fuel and port infrastructure, and promoted Japanese industrial products in international markets.
Similar to other Japanese trading companies, Marubeni expanded into diverse sectors, often with investments that did not clearly support its trading activities. This diversification was also a response to losses caused by the 2015 drop in commodity prices.
In 2022, Marubeni reduced its grain trading activities by selling Gavilon for $3 billion. This acquisition, made in 2013, proved unsuccessful and led to a series of write-downs of assets. In the past five years, the portion of profits from non-commodity businesses has grown for most Japanese trading companies.
For Marubeni, these non-commodity investments accounted for 74% of its adjusted net profit during the July to September period, which totaled 220 billion yen, or approximately $1.4 billion.
source: ft.com