Marubeni joins 700-megawatt Yanbu project: what it means for Marubeni stock

Published on 10/07/2026 at 00:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Marubeni joined a 700-megawatt Saudi wind project on October 6, 2026. Marubeni stock had EUR 27.05 as its prior close on October 5, 2026.

Marubeni, JP3877600001, Illustration mit AI erstellt.

Marubeni (ISIN JP3877600001) joined a consortium for the 700-megawatt Yanbu Wind Energy project in Saudi Arabia, as Gulf Construction reported on October 6, 2026. The project adds a concrete infrastructure contract to Marubeni's power portfolio while the stock's latest valid Lang & Schwarz data point is a prior close of EUR 27.05 for October 5, 2026.

What the wind deal means

The Yanbu project will be developed by Marubeni and Ajlan & Bros under a power purchase agreement with Saudi Principal Buyer. The facility is located in the Madinah region and carries a total investment of SAR 1.7 billion, according to Gulf Construction.

For Marubeni, the 700-megawatt scale matters because power generation and infrastructure are among the group's major operating areas. The project supplies electricity under a stated levelized cost of 1.72468 US cents per kilowatt-hour, giving the announcement a defined commercial parameter rather than a purely strategic label.

First-quarter profit sets the base

Marubeni's first-quarter fiscal 2026 results provide the latest reported operating backdrop. Revenue reached JPY 2.61 trillion, up 20.60 percent from JPY 2.16 trillion a year earlier, while operating profit rose 54.70 percent to JPY 132.10 billion, according to Investor Trader in its September 8, 2026 review of the June 2026 quarter. Net profit attributable to owners rose 20.70 percent to JPY 186.40 billion from JPY 154.40 billion.

The company kept its full-year fiscal 2026 net profit outlook at JPY 580.00 billion, with first-quarter progress at 32.10 percent. That comparison is important for the wind project: the new contract expands the long-term power platform, while the near-term earnings profile still depends on delivery against the existing annual plan.

Next results arrive November 4

Marubeni's investor-relations calendar schedules the second-quarter fiscal 2026 results for November 4, 2026, at 11:00 a.m. JST. The release will show whether the first-quarter growth rates and the JPY 580.00 billion full-year outlook remain intact, according to Marubeni.

Tokyo valuation and German quote

On the Tokyo Stock Exchange, Marubeni was last at JPY 4,818.00 on October 6, 2026 at 3:30 p.m. JST. The same quote showed a 52-week range of JPY 3,570.00 to JPY 6,328.00 and market capitalization of JPY 7.8 trillion, while Lang & Schwarz showed the prior close of EUR 27.05 for October 5, 2026.

The further course of trading is shown by the continuously updated real-time quote of Marubeni stock.