MITSF News and Press, Mitsui & Co. Ltd. From 02/04/23

Summary Mitsui & Co. just raised its FY 2023 profit forecast to 1080 billion yen, breaking the trillion yen mark for the first time. Futures prices suggest lower income from hydrocarbons, only partially offset by stabilizing metals prices for FY 2024. The company's valuation met...

Summary This article introduces five miners and mine developers with significant potential to deliver meaningful gains for their shareholders in 2023. Although all of the stocks are exposed to various risks, the risks are outweighed by the potential gains. If you believe that a comp...

Summary VPL's portfolio is highly diversified, invests significantly in sectors with high growth potential, has a low expense ratio, and is trading at a marginal discount. Though VPL's current yield is not excessively high, it seems to be sustainable and the fund generates a high enough...

Summary Taseko Mines signed an agreement with Mitsui & Co. (USA) for the Florence project. Under the agreement, Mitsui will pay US$50M to receive 2.67% copper stream, which could be converted into 10% equity stake for another US$50M. The deal will further strengthen Tasekoȁ...

Summary The reopening of China is going to help the toplines of a lot of Japanese businesses with Chinese wallet share, especially industrial businesses. Moreover, a still cheap Yen could continue to revalue as energy is put back into Chinese import activities. The problem is, if th...

Summary Berkshire Hathaway's 13F stock portfolio value decreased from ~$300B to ~$296B. Their largest three holdings are at ~60% of the entire portfolio. Berkshire Hathaway added Taiwan Semi and increased Occidental Petroleum and Paramount Global while decreasing US Bancorp an...

Summary Itochu has underperformed its peer group, due to its strategic focus on non-resource businesses. Despite this, the company is executing well and raised its FY3/2023 earnings outlook and dividend per share. With a stable dividend on offer we reiterate our buy rating. ...

Summary Mitsui's diversification helped in Fiscal 1H 2023. Strong coal, oil, and gas prices offset the impact of weaker iron ore prices. Foreign exchange effects also helped earnings in yen terms. The company increased its profit forecast by 22.5% and its dividend forecast by ...

Mitsui & Co., Ltd. (MITSY) Q2 2023 Earnings Conference Call November 01, 2022 09:00 PM ET Company Participants Kenichi Hori - Chief Executive Officer Masao Kurihara - Global Controller Conference Call Participants Presentation Kenichi Hori ...

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...