MARUF - Marubeni: Favorable Outlook For Lifestyle Business And Capital Return
2024-06-26 08:36:12 ET
Summary
- Marubeni Corporation stock is rated as Buy, as I expect an improvement in shareholder capital return and a higher earnings contribution for the Lifestyle business in the future.
- The recent acquisition of a brand management business in the US is expected to boost the Lifestyle business segment's long-term growth outlook.
- The company's FY 2025 guidance implies an expected increase in both dividends and share repurchases in the new fiscal year starting on April 1, 2024.
Elevator Pitch
My investment rating for Marubeni Corporation ( MARUY ) ( MARUF ) [8002:JP] is a Buy....
Marubeni: Favorable Outlook For Lifestyle Business And Capital Return