MITSF News and Press, Mitsui & Co. Ltd. From 10/12/22

Summary Mitsui & Co is a Japanese conglomerate that invests in interests that give them front-to-back exposure in lots of hard value markets. Their exposures are strong in the lead up to today's environment, and they've seen strong growth thanks to being in all the right spots...

Berkshire Hathaway's 13F stock portfolio value decreased from ~$364B to ~$300B. Their largest three holdings are at ~60% of the entire portfolio. Berkshire Hathaway increased Occidental Petroleum, Ally Financial and Paramount Global while decreasing STORE Capital and General Motor...

The following slide deck was published by Mitsui & Co., Ltd. in conjunction with their 2023 Q1 earnings call. For further details see: Mitsui & Co., Ltd. 2023 Q1 - Results - Earnings Call Presentation

Mitsui & Co., Ltd. (MITSY) Q1 2023 Earnings Conference Call August 02, 2022, 03:30 ET Company Participants Masao Kurihara - Global Controller Tetsuya Shigeta - CFO Conference Call Participants Presentation Tetsuya Shigeta Good afternoo...

Mitsui's rapid growth over the last couple of years has slowed due to a weaker iron ore market. Other commodities like coal, oil, and gas are still strong. The company did not increase its profit or dividend forecasts for FY 2023. Mitsui is still cheap on an absolute basis and com...

Shell ( NYSE: SHEL ) said on Friday it is assessing the implications of a Russian decree that would allow its government to take charge of the Sakhalin-2 natural gas project, in which the company owns a 27.5% stake. Vladimir Putin signed a decree on Thursday that would t...

Berkshire Hathaway's 13F stock portfolio value increased from ~$331B to ~$364B. Their largest three holdings are at ~62% of the entire portfolio. Berkshire Hathaway added Occidental Petroleum, HP, Citigroup, and Paramount Global while reducing Verizon Communications. They also inc...

Iron ore prices have stabilized but will not be as strong as in FY 2022.  Mitsui's other major commodities like oil, gas, and coal are stronger. The company's FY 2023 profit forecast of ¥800 billion is below 2022 actuals, but the stock is still cheap at 6.4 times forward ear...

Sempra Energy (NYSE:SRE -2.2%) said on Monday its liquefied natural gas infrastructure unit entered into an agreement with TotalEnergies (NYSE:TTE -1.2%), Mitsui (OTCPK:MITSY) and a group jointly owned by Mitsubishi and Nippon Yusen Kabushiki Kaisha to develop the Cameron LNG Phase 2 export p...

Olin (NYSE:OLN) and Mitsui (OTCPK:MITSY) agreed to a memorandum of understanding to establish a joint venture that combines Mitsui's global logistics, deep supplier and customer relationships, and breadth of product portfolio with Olin's scale, North American export capability, and production...