World Library  
Flag as Inappropriate
Email this Article


Marubeni Corporation
Formerly called
Marubeni-Iida (1955–1972)
Public KK
Traded as TYO: 8002
Industry General trading company
Founded 1949
Headquarters Chiyoda, Tokyo, Japan
Key people
Fumiya Kokubu (President and CEO)
Teruo Asada (Chairman)
Revenue Decrease ¥10,509 billion (Mar. 2013)
Increase ¥205.7 billion (Mar. 2013)
Total assets Increase ¥5,965 billion (Mar. 2013)
Total equity Increase ¥1,132 billion (Mar. 2013)
Number of employees
39,126 including subsidiaries (Mar. 2013)[1]
Website .com.marubeniwww

Marubeni Corporation (丸紅株式会社 Marubeni Kabushiki-gaisha) (TYO: 8002, OSE: 8002, NSE: 8002) is a sōgō shōsha (general trading company) headquartered in Ōtemachi, Chiyoda, Tokyo, Japan.[2] Marubeni is the fifth-largest sogo shosha and has leading market shares in cereal and paper pulp trading as well as a strong electrical and industrial plant business.[1]

Marubeni is a member of the Mizuho keiretsu.


  • History 1
  • Offices 2
  • Business 3
  • Notable people 4
  • References 5
  • External links 6


Marubeni was established in 1918 as Itochu Shoten, Ltd. in a spin-off of certain sales divisions of C. Itoh & Co. (Itochu) into a separate entity. Itochu Shoten merged with Itoh Chobei Shoten in 1921 to form Marubeni Shoten, Ltd. under the leadership of Chobei Itoh IX.[3] Marubeni started out as a textile trading firm and expanded to trade in other consumer and industrial goods during the 1920s.[4]

Marubeni was re-combined with Itochu during World War II to form Sanko Kabushiki Kaisha Ltd. (1941–44) and Daiken Company, Ltd. (1944–48). This conglomerate was dismantled in the wake of the war and Marubeni again emerged as a separate trading company in 1949.[3] Post-war Marubeni was predominantly a textile trading firm at its outset, but diversified into machinery, metals and chemicals, with textiles barely forming a majority of its business by the end of the decade.[4]

Marubeni merged with Takashimaya-Iida, a trading company that owned the Takashimaya department store chain, in 1955, changing its name to Marubeni-Iida from 1955 to 1972.[4] The merger was orchestrated by Fuji Bank in order to create a stronger trading company partner for the bank's corporate customers. Marubeni and Fuji Bank developed a network of corporate clients which was formalized as the Fuyo Group keiretsu in the 1960s, paralleling the development of the DKB Group and Sanwa Group.[5] The Fuyo Group included Hitachi, Nissan, Canon, Showa Denko, Kubota and Nippon Steel.[4]

Marubeni was rocked by a series of scandals in the 1970s and 1980s. In the early 1970s Marubeni was accused of hoarding rice on the black market for profiteering purposes. In 1976, numerous Marubeni and All Nippon Airways executives were arrested in connection with the bribery of Japanese government officials to support the sales of Lockheed aircraft in Japan; the scandal also led to several suicides and the arrest of Prime Minister Kakuei Tanaka. In 1986, Marubeni was found to have bribed Filipino President Ferdinand Marcos and several of his friends and associates in connection with Japanese ODA work in the Philippines.[4]

Marubeni, like other sogo shosha, was hit hard by the collapse of the Japanese asset price bubble in the early 1990s and recorded its first annual net loss in 1998. The company again booked massive losses as part of a restructuring in 2001, with its stock price plummeting to 58 yen per share in December 2001.[6]

Marubeni acquired a large minority stake in the Daiei supermarket chain in 2006, which it sold to Æon Group in 2013.[7]

In January 2012, Marubeni Corporation agreed to pay a US$54.6 million criminal penalty to settle multiple US Foreign Corrupt Practices Act (FCPA) charges relating to its work as an agent for the TSKJ joint venture. The TSKJ joint venture comprising Technip, Snamprogetti Netherlands, Kellogg Brown & Root (KBR) and JGC Corporation hired Marubeni to bribe lower-level Nigerian government officials to help it obtain and retain contracts to build liquefied natural gas facilities on Bonny Island in Nigeria.[8] TSKJ paid Marubeni US$51 million which was intended, in part, to be used to bribe Nigerian government officials.[9] Two years later, and just months after its final settlement in the Nigerian case, Marubeni was charged under the FCPA for bribing Indonesian officials in order to secure a $118 million power project contract for a joint venture between Marubeni and Alstom; it agreed to pay an $88 million fine in connection with this case.[10]

The Tokyo Stock Exchange recognized Marubeni as the best Japanese company at increasing enterprise value in 2013, citing management's efforts to maximize return on equity.[11]


Head office in Ōtemachi, Chiyoda, Tokyo, Japan
Osaka Office in Hommachi, Chuo-ku, Osaka, Japan

Marubeni's head office is located at 4-2, Otemachi 1-chome, Chiyoda, Tokyo, Japan.[12]

The company has a total of eleven offices in Japan, 59 overseas offices and 30 overseas subsidiaries with 61 offices, for a total of 120 offices in 66 countries.[13]


Marubeni's business is organized in five groups:

  • Food & Consumer Products Group - Trades in grain and food products, apparel, functional materials and rubber, and provides logistics, insurance, finance and real estate services. Has a strategic partnership with Want Want China.[14]
  • Chemical & Forest Products Group - Trades in chemicals, pulp and paper and distributes solar panels and energy storage units. One major unit is the Helena Chemical Company, the second-largest agricultural chemical distributor in the US, which Marubeni acquired from Bayer in 1987.[15]
  • Energy & Metals Group - Trades in oil, gas, nuclear fuel, iron, steel, and other metals and minerals.[16]
  • Power Projects & Plant Group - Develops power plants, environmental plants, marine projects, industrial plants and transport infrastructure. Projects include the Westermost Rough Wind Farm in the UK, FSRU and FPSO projects in South America, and operation of the G:link light rail in Australia.[17]
  • Transportation & Industrial Machinery Group - Trades in aircraft (Aircastle), ships, automobiles, and construction and industrial machinery.[18]
    • The Marubeni Aerospace Corporation is a major component of this group, making up part of the group's Aerospace & Ship Division. MAC was formed in 1998 when Marubeni acquired the trading rights and other assets of the former aerospace division of Okura & Co., Ltd. (Okura Aerospace Co., Ltd.)

Notable people

  • Minoru Arakawa worked in overseas real estate development at Marubeni during the 1970s prior to founding Nintendo of America in 1980.
  • Yohei Kono, member of the House of Representatives and former Foreign Minister, worked at Marubeni from 1959 to 1967 before entering politics.
  • Toshimitsu Motegi, member of the House of Representatives and former State Minister, worked at Marubeni before entering politics.


  1. ^ a b
  2. ^ "Company Profile." Marubeni. Retrieved on April 12, 2014. "Head Office 4-2, Ohtemachi 1-chome, Chiyoda-ku, Tokyo 100-8088, Japan"
  3. ^ a b
  4. ^ a b c d e
  5. ^
  6. ^
  7. ^
  8. ^
  9. ^
  10. ^
  11. ^
  12. ^
  13. ^
  14. ^
  15. ^
  16. ^
  17. ^
  18. ^

External links

  • (English)
  • (English) *Marubeni Europe plc
  • Marubeni Power
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.