Marubeni Ceo: Not Expecting Significant And Immediate Negative Impact On Our Businesses From Us Tariffs
May 2 (Reuters) - Marubeni Corp 8002.T:
MARUBENI CEO: NOT EXPECTING SIGNIFICANT AND IMMEDIATE NEGATIVE IMPACT ON OUR BUSINESSES FROM US TARIFFS
MARUBENI CEO: NEGATIVE IMPACT ON OUR GRAIN TRADE OPERATIONS FROM US-CHINA TRADE WAR IS EXPECTED TO BE LIMITED
MARUBENI CEO: MAY SEE POSITIVE IMPACTS FROM TRADE WAR IN OUR AGRIBUSINESS AND USED GOODS SERVICES IN US AND GRAIN EXPORTS FROM BRAZIL
MARUBENI CEO: RESERVED A FINANCIAL BUFFER OF 30 BILLION YEN TO MITIGATE RISKS ASSOCIATED WITH A SECONDARY ECONOMIC DOWNTURN
MARUBENI CEO: AIM TO EXPAND DOMESTIC DEMAND-ORIENTED BUSINESSES THAT ARE LESS AFFECTED BY TRADE CONDITIONS IN THE US, JAPAN, SOUTHEAST ASIA AND AFRICA
MARUBENI: MARUBENI CEO: IRON ORE, COPPER, AND COKING COAL MARKETS ARE EXPECTED TO TIGHTEN OVER NEXT 3-5 YEARS, BOOSTING VALUE OF OUR RESOURCE BUSINESSES
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