Marubeni Corporation’s Portland Aluminium Smelter Achieves ASI Performance Standard Certification.
May 27, 2023
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Marubeni Corporation ($TSE:8002), a leading multinational trading and investment company, has achieved the ASI Performance Standard Certification for its Portland Aluminium Smelter. This certification was awarded on May 26th, 2023, recognizing the smelter’s production of aluminium with a low carbon footprint. It is one of Japan’s largest sogo shosha (general trading companies), providing commodities and services to customers around the world. The Portland Aluminium Smelter is one of Marubeni Corporation’s most important assets, producing high-quality aluminium with a low carbon footprint. The smelter has now been awarded the ASI Performance Standard Certification, an internationally recognized standard that evaluates the environmental, social, and economic performance of aluminium smelters.
This certification is a testament to the company’s commitment to sustainability and responsible production. This certification further underscores Marubeni Corporation’s dedication to making a positive contribution to society through its business activities and operations. The Portland Aluminium Smelter’s achievement of the ASI Performance Standard Certification is an important milestone for the company as it continues to grow and develop its operations.
Share Price
On Friday, MARUBENI CORPORATION stock opened at JP¥1977.5 and closed at JP¥2030.5, up by 3.7% from previous closing price of 1957.5. This rise was largely attributed to the news that the Portland Aluminium Smelter, owned by MARUBENI CORPORATION, had achieved the ASI Performance Standard Certification. This certification is awarded to aluminium smelters which demonstrate sound environmental performance and management, as evaluated by the independent Aluminium Stewardship Initiative (ASI). The Portland Aluminium Smelter is located in Victoria, Australia, and is responsible for approximately 4% of the total aluminium produced globally.
The ASI certification is a strong indication of the smelter’s commitment to sustainability and environmental responsibility, a commitment which has been further reinforced by the installation of a state-of-the-art dust suppression equipment that ensures dust emissions are kept to a minimum. The achievement of the ASI certification is a testament to MARUBENI CORPORATION’s commitment to providing sustainable products and solutions for their customers and stakeholders. This commitment will continue to be reinforced through their ongoing efforts to improve production processes, reduce energy consumption and emissions from their plants. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Marubeni Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 9.66M | 560.34k | 5.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Marubeni Corporation. More…
| Operations | Investing | Financing |
| 439.85k | 138.32k | -673.47k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Marubeni Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.13M | 5.29M | 1.6k |
Key Ratios Snapshot
Some of the financial key ratios for Marubeni Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.7% | 36.0% | 7.6% |
| FCF Margin | ROE | ROA |
| 3.5% | 16.4% | 5.6% |
Analysis
As GoodWhale, we conducted an extensive analysis of MARUBENI CORPORATION‘s wellbeing. This makes it an attractive investment for certain types of investors who are interested in taking on higher risks for potentially higher returns. We found that MARUBENI CORPORATION is strong in dividend and growth, and medium in asset and profitability. Additionally, MARUBENI CORPORATION has a high health score of 8/10 considering its cashflows and debt, capable of sustaining their future operations in times of crisis. All these factors indicate that MARUBENI CORPORATION is a good investment option. More…
Peers
Marubeni Corp is one of the leading companies in the competitive market of manufacturing. In order to maintain their position, they must compete with several other prominent companies, such as Takeuchi Mfg Co Ltd, UMC Inc, and Moog Inc. These companies provide strong competition for Marubeni Corp, and all of them strive to provide the best products and services to their customers.
– Takeuchi Mfg Co Ltd ($TSE:6432)
Takeuchi Mfg Co Ltd is a Japanese manufacturer of construction machinery, including excavators and wheel loaders. The company has a market cap of 135.19B as of 2023, which suggests that investors have a positive outlook for the company’s future performance. In addition, Takeuchi Mfg Co Ltd has a Return on Equity (ROE) of 9.62%, indicating that the company is generating a good return on the money that shareholders have invested in it. This strong performance implies that the company is well managed and is successfully executing its strategies.
– UMC Inc ($OTCPK:UMCN)
UMC Inc is a global provider of innovative solutions in the semiconductor industry. With a market cap of 1.23M as of 2023, the company’s current value is a reflection of its success in the industry. UMC Inc’s Return on Equity (ROE) of -3.15% indicates that the company may not be as profitable as it could be, suggesting a need for further improvement in terms of efficiency and profitability. Despite this, UMC Inc has established itself as a leader in the semiconductor industry, providing quality solutions for its customers.
– Moog Inc ($NYSE:MOG.A)
Moog Inc is a diversified technology company that designs and manufactures motion and fluid controls and control systems for applications in aerospace, defense, industrial, and medical devices. The company has a market capitalization of 3.01 billion dollars as of 2023. Its Return on Equity (ROE) is 10.45%, which is higher than the industry average of 10%. This shows that the company is able to generate more profits from its shareholders’ investments relative to other companies in the same industry. Moog Inc’s strong financial performance indicates that it is a reliable and profitable company that can be trusted for long-term investments.
Summary
MARUBENI CORPORATION‘s stock price surged on the day the company announced its Portland Aluminium Smelter had been awarded ASI Performance Standard Certification. This is a major milestone for the company, as it is the first to receive the certification. Investing in MARUBENI CORPORATION could be a good move for investors looking to capitalize on this achievement. The company has a strong balance sheet, stable earnings, and low debt levels.
Additionally, the company is committed to environmental stewardship, providing a strong long term outlook. As MARUBENI CORPORATION continues to grow through its aluminium operations, investors may find the stock an attractive option for long-term growth.
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