Process Industries

Mitsui & Co., Ltd.

Business Summary

Mitsui & Co., Ltd. engages in the general trading business. It operates through the following segments: Iron & Steel Products, Mineral & Metal Resources, Machinery & Infrastructure, Chemicals, Energy, Lifestyle, Innovation & Corporate Development, and Others. The Iron & Steel Products segment manages the sourcing and supply of iron and steel products; investment in steel service centers; electric furnace steel mills, rolling mills, component manufacturers; and the iron & steel distribution industry. The Mineral & Metal Resources segment handles investment in resource development, production, processing, and trading business; and the environmental recycling business. The Machinery & Infrastructure segment upgrades and maintains infrastructure to facilitate social and economic development through projects in fields such as power generation, energy & mineral resources, marine energy, water supply, and logistics. The Chemicals segment manufactures, trades and sells chemical products in Japan and overseas. The Energy segment explores, develops, produces, and trades energy resources. The Lifestyle segment deals with global sales of food resources and products. The Innovation & Corporate Development segment undertakes information technology, financial technology, and logistics technology services. The Others segment includes corporate staff department performing financial business services. The company was founded on July 25, 1947 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	14,306.40B	105,568.70M
Gross Profit	1,396.22B	10,302.93M
Operating income	693,419M	5,116.82M
Income before tax	839,769M	6,196.75M
Net income	1,130.63B	8,343.05M
EBITDA	966,108M	7,129.02M
Diluted EPS	721.40	5.32
Dividends Per Share	140	1.03
Total Assets	15,380.91B	115,567.78M
Total liabilities	8,815.76B	66,239.14M
Total equity	6,367.75B	47,845.44M
Operating cash flow	1,047.53B	7,729.90M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	6,957.52B	8,484.13B	8,010.23B	11,757.55B	14,306.40B
Gross Profit	820,519M	788,085M	750,445M	1,083.34B	1,396.22B
Operating income	265,476M	245,121M	180,696M	522,023M	693,419M
Income before tax	584,338M	265,088M	222,292M	733,217M	839,769M
Net income	414,215M	391,513M	335,458M	914,722M	1,130.63B
EBITDA	455,736M	501,246M	460,328M	822,822M	966,108M
Diluted EPS	238.14	225.99	199.18	561.38	721.40
Dividends Per Share	80	80	85	105	140
Total Assets	11,945.77B	11,806.29B	12,515.84B	14,923.29B	15,380.91B
Total liabilities	7,415.47B	7,745.36B	7,692.95B	9,127.87B	8,815.76B
Total equity	4,263.16B	3,817.67B	4,570.42B	5,605.20B	6,367.75B
Operating cash flow	410,670M	526,376M	772,696M	806,896M	1,047.53B

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	62,739.93M	78,032.37M	75,527.34M	104,630.05M	105,568.70M
Gross Profit	7,399.08M	7,248.37M	7,075.83M	9,640.59M	10,302.93M
Operating income	2,393.94M	2,254.48M	1,703.75M	4,645.46M	5,116.82M
Income before tax	5,269.30M	2,438.13M	2,095.95M	6,524.86M	6,196.75M
Net income	3,735.21M	3,600.92M	3,162.98M	8,140.07M	8,343.05M
EBITDA	4,109.62M	4,610.18M	4,340.36M	7,322.26M	7,129.02M
Diluted EPS	2.14	2.07	1.87	4.99	5.32
Dividends Per Share	0.72	0.73	0.80	0.93	1.03
Total Assets	107,925.91M	109,363.08M	113,265.57M	122,951.93M	115,567.78M
Total liabilities	66,996.17M	71,746.18M	69,619.53M	75,203.90M	66,239.14M
Total equity	38,516.20M	35,363.59M	41,361.26M	46,180.88M	47,845.44M
Operating cash flow	3,703.24M	4,841.31M	7,285.63M	7,180.53M	7,729.90M

Valuation Measures

Mar 2023
PER	5.70
ROA	7.46%
ROE	18.88%
Operating margin	4.84%
Profit margin	7.90%

Key executives

President, CEO & Representative Director: Kenichi Hori
Chief Executive Officer: Makoto Kan
Chief Operating Officer & Managing Officer: Takeshi Akutsu
Chief Financial Officer & Representative Director: Tetsuya Shigeta
Chief Operating Officer-IT & Communication: Isao Kohiyama

Shareholders

Berkshire Hathaway, Inc. (Investment Management) (6.8%)
Nomura Asset Management Co., Ltd. (5.1%)
Nippon Life Insurance Co. (3.2%)
BlackRock Fund Advisors (3.0%)
The Vanguard Group, Inc. (2.6%)
BlackRock Japan Co., Ltd. (1.8%)
Nikko Asset Management Co., Ltd. (1.8%)
Daiwa Asset Management Co. Ltd. (1.7%)
Norges Bank Investment Management (1.7%)
Sumitomo Mitsui Financial Group, Inc. (1.6%)

Contact Details

Website:http://www.mitsui.com
Address: 1-2-1 Ote-machi, Chiyoda-Ku, Tokyo, 100-8631, Japan
Phone: +81.3.3285.1111

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Competitors

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Last Updated on 2 Jun, 2023