Nov 07, 2019 / NTS GMT
Presentation
Nov 07, 2019 / NTS GMT
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Corporate Participants
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* Masumi Kakinoki
Marubeni Corporation - President, CEO & Director
* Nobuhiro Yabe
Marubeni Corporation - Senior Managing Executive Officer, CFO, COO of IR & Credit Ratings and Director
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Masumi Kakinoki - Marubeni Corporation - President, CEO & Director
I am Masumi Kakinoki, CEO of Marubeni Corporation. Thank you for being here today.
First, I'll present our consolidated results for the 6-month period ended September 30, 2019, and the fiscal year forecast, both of which were announced on November 5. CFO Nobuhiro Yabe will then give a more detailed explanation.
Please refer to the figures on Slide 1 and the explanation on Slide 2. Net profit was JPY 111.8 billion, down JPY 40.2 billion or 26% from the same period last year. Adjusted net profit, which excludes onetime items, was JPY 123 billion, a decrease of JPY 8 billion or 6%. Progress against the yearly forecast was 47% for net profit
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