Marubeni forecasts ¥ 190 billion fall in deficit
Marubeni, a major trading company, has revealed that the Group's financial results for the fiscal year ending March 31, 2015, are expected to fall from a surplus of 200 billion yen to a deficit of 190 billion yen.
It is said that the price of resources such as crude oil and natural gas has fallen due to the spread of the new coronavirus, and this is a huge downward revision of 390 billion yen compared to the forecast so far.