Trust Recovery Growth Vitalization - Marubeni
Trust Recovery Growth Vitalization - Marubeni
Trust Recovery Growth Vitalization - Marubeni
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Interview with the President and CEO<br />
✔ Food Distribution<br />
<strong>Marubeni</strong> decided to subscribe in part to a private placement of shares by<br />
Daiei, a major Japanese food retailer. <strong>Marubeni</strong> will assist Daiei by supplying<br />
merchandise attuned to customer needs and will take part in joint<br />
development projects. In addition, leveraging its strengths as a general<br />
trading company, <strong>Marubeni</strong> will forge ties with influential partners in a<br />
variety of fields to attract high-quality tenants,<br />
achieve greater distribution efficiency, and<br />
reconfigure information systems, for example.<br />
All support will aid Daiei’s rehabilitation.<br />
March 7, 2005 press conference announcing support for Daiei<br />
largest volumes of soybeans and wheat among Japanese trading companies. In midstream fields,<br />
<strong>Marubeni</strong> has Nacx Nakamura Corporation and Yamaboshiya Co., Ltd., two prominent wholesalers.<br />
In downstream areas, amid increasingly diverse consumer needs, we have already invested in The<br />
Maruetsu, Inc. and Tobu Store Co., Ltd. The sheer volume of information from retail spaces on the<br />
scale made possible through Daiei will emerge as an essential asset in helping to fully leverage<br />
<strong>Marubeni</strong>’s upstream and midstream capabilities. Moreover, stronger buying power will lead to<br />
lower distribution costs, enabling us to develop a structure for providing customers with better<br />
products at a lower cost.<br />
In paper and pulp, we have completely withdrawn from the Chandra Asri Project, acquiring<br />
instead business rights to P.T. Mushi Pulp in Indonesia. This move positions <strong>Marubeni</strong> to respond to<br />
projected growth in demand in Asia with an integrated production and supply framework encompassing<br />
everything from afforestation to pulp operations. As a result, we have a bi-polar structure with<br />
bases situated in North America, centered on Daishowa-<strong>Marubeni</strong> International Ltd., and Asia that will<br />
enable us to reinforce the value chain in this field, which we believe will lead to more dynamic and<br />
expansive pulp operations. Natural resource development, meanwhile, will see us continue efforts<br />
begun three years ago to acquire additional equity stakes and other assets in this area.<br />
In energy-related operations, in the past fiscal year, we acquired additional oil and gas assets<br />
in U.K. waters in the North Sea, and increased metal and mineral resource-related investment in<br />
mines in Australia and elsewhere. These investments, in fact, became a major driver behind<br />
earnings during the past year. Natural resource development is a priority field, one that we plan to<br />
continue actively investing in.