[Japanese Stock] Mitsui & Co.'s Business

8031 (Tokyo Stock Exchange Prime)

• Market Capitalization: ¥6.58 trillion
• Share Price: ¥4,200
• Revenue: ¥11.76 trillion
• Ordinary Profit: ¥1.16 trillion
• (As of 2022)

Business Description: Wholesale trade
Year Established: 1947
Headquarters: Otemachi, Chiyoda-ku, Tokyo, Japan
Key Executives: Tatsuo Yasunaga (Chairman & Representative Director), Kenichi Hori (President & CEO)
Number of Employees: 5,494 (non-consolidated), 44,336 (consolidated)
Major Shareholders: Nippon Life Insurance Company 2.08%, Sumitomo Mitsui Banking Corporation 1.52%

Overview

Mitsui & Co., Ltd. is a major general trading company of the Mitsui Group, headquartered in Otemachi, Chiyoda-ku, Tokyo. It is one of the “New Mitsui Big Three,” alongside Mitsui Fudosan and Sumitomo Mitsui Banking Corporation. Mitsui & Co. stands out among trading companies for its significant production interests in iron ore and crude oil. Commonly referred to as “Mitsui,” it is one of the stocks included in the Nikkei 225, TOPIX Core30, and JPX-Nikkei Index 400.

The Mitsui & Co. Building (Otemachi), where Mitsui & Co. is headquartered.
Mitsui & Co. is one of the five major general trading companies in Japan, alongside Mitsubishi Corporation, Mitsui & Co., Itochu Corporation, Marubeni Corporation, and Sumitomo Corporation. General trading companies are sometimes perceived as resource-related stocks, and indeed, they generate significant profits from resources such as crude oil, natural gas, iron ore, coal, and copper.

Product & Business Model

Mitsui & Co. operates in seven key sectors: Metal Resources, Energy, Machinery & Infrastructure, Chemicals, Steel Products, Lifestyle, and Next Generation/Function Promotion, conducting business through both “trading” and “business investment” in each area.

Metal Resources Business

In the Metal Resources Business, Mitsui & Co. secures and stably supplies essential resources, materials, and products through business investment, development, and trading, while also promoting resource recycling to address environmental issues.
Business areas include:

• Development, processing, and sales of underground resources (iron ore, coking coal, ferroalloys, copper, aluminum, nickel, cobalt, lithium, etc.)
• Promotion of above-ground resources and recycling (scrap iron, aluminum, copper, petroleum coke, secondary batteries)

Strengths of Mitsui & Co.’s Metal Resources Business:

• A robust revenue base with downside resilience and upside potential, supported by a portfolio that integrates cost competitiveness, production volume, and resource reserves.
• Broad functional deployment in the value chain and a strong global market presence, anchored by a strong underground resources business.

Energy Business