Diversified business portfolio focused mainly on trading business Smaller trading business than peers in terms of scale and scope of operations, weaker customer base, and limited number of businesses with strong competitiveness despite adequate diversification mainly in nonresource fields Lower return on assets than peers in investment business Smaller scale and scope of investment portfolio and less vertical integration of value chain than peers despite improving decision-making capabilities in investments and asset divestitures Despite improvement in recent years, an adjusted capital (risk buffer) remaining slightly below the amount required for its level of risk-based capital (risk-weighted assets) under our 'BBB' stress scenario, because continued active investments are likely to boost risk-based capital Still-small contribution to profit from past investments, although
