MITSF News and Press, Mitsui & Co. Ltd. From 04/01/22

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...

There was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. Charlie and I are not stock-pickers; we are business-pickers. I make many mistakes. Consequently, our extensive collection of businesses include...

Mitsui's most important commodity, iron ore, has recovered considerably in price during the last quarter. Coking coal prices are also very strong. The company announced another increase to the year-end dividend forecast in their 3Q results. It is now ¥105 for a 3.65% yield. ...

Mitsui & Co., Ltd. (MITSY) Q3 2022 Earnings Conference Call February 3, 2022, 02:30 AM ET Company Participants Takakazu Uchida - CFO Tetsuya Shigeta - Global Controller Conference Call Participants Presentation Takakazu Uchida Good afternoon, I’m Takakazu Uchida, CFO. Thank you for...

The following slide deck was published by Mitsui & Co., Ltd. in conjunction with their 2022 Q3 earnings call. For further details see: Mitsui & Co., Ltd. 2022 Q3 - Results - Earnings Call Presentation

Mitsui & Co. again raised its FY 2022 profit forecast and year-end dividend. This time, the boost came from non-commodity segments. Prices for iron ore, Mitsui's most important commodity, have collapsed from $220/ton in July to under $100 currently. Mitsui could still mee...

Thirty-two years after the worst collapse in history Japan's Nikkei 225 is approaching its 1989 high; it's cheap now, and a screaming buy. Japan was the first developed country with deflation stemming from terrible demographics; unlike the 1930s US Depression, it maintained living sta...

Mitsubishi Corp.'s Q1 FY3/2022 results strongly beat market expectations driven by its high exposure to natural resources. Demand recovery and price hikes in copper and iron look set to continue,  as well as in metallurgical coal. These should meaningfully drive FY3/2022 earnings...

Mitsui & Co. increased its FY 2022 profit forecast by 39% to ¥640 billion after only one quarter. The stock still looks cheap based on P/E ratio but is approaching a P/B at the high end of the range. Iron ore prices around $188/ton appear built into the forecast. Thi...

The following slide deck was published by Mitsui & Co., Ltd. in conjunction with their 2021 Q1 earnings call. For further details see: Mitsui & Co., Ltd. 2021 Q1 - Results - Earnings Call Presentation