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Trust Recovery Growth Vitalization - Marubeni

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Strength in Accomplishment<br />

<strong>Marubeni</strong> Corporation 2005 0 / 1<br />

<strong>Marubeni</strong> is currently executing the “V” PLAN, a three-year management plan, which runs<br />

through the fiscal year ending March 31, 2006. Two years into the plan, <strong>Marubeni</strong> stands<br />

poised to achieve all of the numerical targets of the plan. During the current fiscal year, the<br />

final year of the “V” PLAN, we will continue to steadily and decisively enact the initiatives<br />

necessary to complete the plan, as we strive to realize the return of a stronger <strong>Marubeni</strong>.<br />

<strong>Trust</strong><br />

For two consecutive years since the start of the “V” PLAN, <strong>Marubeni</strong><br />

achieved the initial targets of the plan. As a result, <strong>Marubeni</strong>’s profitability<br />

and financial position have both improved far faster than anticipated.<br />

A rising share price and higher credit ratings indicate that outside<br />

approval of <strong>Marubeni</strong> is growing.<br />

<strong>Recovery</strong><br />

<strong>Marubeni</strong> posted record-high consolidated net income for a second<br />

consecutive year even as it absorbed nearly ¥100.0 billion in losses<br />

stemming from efforts to enhance asset quality through greater selectivity<br />

and focus.<br />

<strong>Growth</strong><br />

We are investing between ¥80.0 billion and ¥100.0 billion a year, mainly<br />

in priority business fields and markets where <strong>Marubeni</strong> either has clear<br />

strengths or where we anticipate future growth. Most of these investments<br />

have the potential to contribute to performance by realizing<br />

quick returns.<br />

<strong>Vitalization</strong><br />

The penetration of our management approach, the recent recovery in<br />

performance, and the greater certainty of achieving the “V” PLAN have<br />

combined with other factors to imbue employees with a newfound<br />

confidence and vigor as <strong>Marubeni</strong> becomes resurgent.<br />

✔<br />

✔<br />

✔<br />

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