Marubeni posts Q&A transcript from Q1 FY2026 financial results briefing
Reuters2026/08/05 10:21- Marubeni published a Q&A transcript from its Q1 briefing for the year ending March 31, 2027, attended by CFO Chijo Tajima and Corporate Accounting head Hideyoshi Iwane.
- Tajima flagged a revised capital allocation, pivoting toward share buybacks to lift ROE, citing a roughly five-year path to a 10% ROIC on new investments.
- No formal Net DE ratio target; Tajima cited about 0.6x as a benchmark, versus 0.43x at FY2025 end and 0.46x at Q1 end.
- Growth investment framework set at JPY 250 billion; management said several deals should contribute from acquisition, with some already contributing in Q1.
- Tajima said confidence in reaching the 15% ROE target has risen; Nowlake weakness tied to higher subprime bad-debt costs, with recovery expected in H2.
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