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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 JPYUSD
Gross Profit1,396.22B10,302.93M
Operating income693,419M5,116.82M
Income before tax839,769M6,196.75M
Net income1,130.63B8,343.05M
Diluted EPS721.405.32
Dividends Per Share1401.03
Total Assets15,380.91B115,567.78M
Total liabilities8,815.76B66,239.14M
Total equity6,367.75B47,845.44M
Operating cash flow1,047.53B7,729.90M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 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 2019Mar 2020Mar 2021Mar 2022Mar 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
Operating margin4.84%
Profit margin7.90%

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


  • 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:
  • Address: 1-2-1 Ote-machi, Chiyoda-Ku, Tokyo, 100-8631, Japan
  • Phone: +81.3.3285.1111

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Last Updated on 2 Jun, 2023

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