MITSUI & CO., LTD. (8031) Stock Price

Mitsui & Co., Ltd. operates seven business segments: Metal Resources, Energy, Machinery & Infrastructure, Chemicals, Steel Products, Living Industry, and Next-Generation & Function Promotion. Through these segments, the company provides a diverse range of products and services worldwide.

The Metal Resources segment engages in the trading and recycling of metal resources such as iron ore, copper, and nickel. Key subsidiaries include Mitsui Metals and Mitsui Iron Ore Development.

The Energy segment handles energy resources including natural gas, LNG, and crude oil. Major subsidiaries include Mitsui Energy Resource Development and Mitsui E&P Middle East.

The Machinery & Infrastructure segment operates infrastructure-related businesses in power generation, automobiles, and shipbuilding. Key subsidiaries include Portek International and Mit-Power Capitals (Thailand).

The Chemicals segment deals in petrochemical products and synthetic resins. Major subsidiaries include Mitsui Chemicals and Japan Arabia Methanol.

The Steel Products segment supplies infrastructure steel materials and automotive components. Key subsidiaries include Mitsui Steel and EURO-MIT STAAL.

The Living Industry segment conducts business in food, fashion, and healthcare-related sectors. Major subsidiaries include XINGU AGRI and United Grain Corporation of Oregon.

The Next-Generation & Function Promotion segment provides asset management and ICT services. Key subsidiaries include Mitsui Information and Mitsui Bussan Secure Direction.

Through these diverse business operations, Mitsui & Co., Ltd. pursues global business expansion and contributes to the realization of a sustainable society.

Mitsui & Co. is advancing its growth strategy under the medium-term management plan "Creating Sustainable Futures," announced in May 2023. During the fiscal year ending March 2025, which marks the second year of this plan, the company executed investments in projects expected to contribute revenue early and those anticipated to generate stable long-term earnings. Despite uncertain global business conditions, Mitsui & Co. maintains rigorous risk management while strengthening its trading capabilities and improving the quality of existing operations.

The company's growth strategy centers on three key initiatives. First, under "Industrial Business Solutions," Mitsui & Co. strengthened its long-term revenue base by acquiring equity stakes in the Rhodes Ridge iron ore project in Australia. It also expanded its North American automotive business through the full acquisition of Taylor & Martin, a U.S. truck auction company.

Second, under "Global Energy Transition," the company decided to invest in the Ruwais LNG project led by the Abu Dhabi National Oil Company, building a stable long-term earnings foundation. Additionally, through investment in Blue Point, a U.S. low-carbon ammonia production business, Mitsui & Co. is leveraging its energy segment expertise.

Third, under "Wellness Ecosystem Creation," the company is building an animal protein business portfolio through investments in shrimp farming and poultry operations. In Asian markets, it operates healthcare businesses centered on IHH Healthcare and strengthens food offerings for health through investment in Eu Yan Sang.

Mitsui & Co. is deepening portfolio management and promoting capital-efficient operations by utilizing ROIC. Through multi-axis portfolio management, the company is improving the quality of its business portfolio. It also aims to enhance core earnings power through strengthening existing operations and advancing new businesses.

Deepening sustainability management is positioned as a critical priority. Mitsui & Co. has set a target to reduce total emissions by 30% by 2030 and is working with partners to reduce emissions across society. To address climate change, the company is proceeding with the sale of multiple coal-fired power assets to reduce GHG emissions.

Finally, to promote the success of diverse global talent, Mitsui & Co. utilizes the human resources data platform "Bloom" to achieve optimal talent placement. The company positions human capital as a critical management asset and aims for sustained value creation.