Reuters (February 27)
“International companies with exposure to Russia are girding for further Western sanctions following Moscow’s invasion of Ukraine.” Among the most exposed companies in Asia are Japan Tobacco, Marubeni, Mitsubishi Corporation, SBI Holdings, and Toyota.
Tags: Asia, Companies, Exposure, Girding, International, Invasion, Japan Tobacco, Marubeni, Mitsubishi Corporation, Moscow, Russia, SBI Holdings, Ukraine, Western sanctions
Bloomberg (October 1)
“Stocks of the so-called sogo shosha, the groups that drove Japan’s postwar export success—the likes of Itochu Corp., Marubeni Corp. and Mitsubishi Corp.—have rallied as much as 36 percent over the last year, outpacing the race to a three-decade high by the broad Topix Index. The trading companies’ free cash-flow levels are above those reached in their heyday, and their leverage much lower.”
Tags: Export, FCF, Itochu, Japan, Leverage, Marubeni, Mitsubishi, Outpacing, Postwar, Rallied, Sogo shosha, Success, Topix
