Mitsui & Co Ltd
TYO:8031 · TYO · Conglomerate
Mitsui & Co., Ltd.
Current price
¥4,968.00
▲ +¥58.00 (1.18%) today
Share price
Live market dataET&A View
We have not published a view on Mitsui & Co Ltd yet.
The financial summary below is still available.
Business Health
Is the business financially healthy?
Some weaknesses
Watch revenue, earnings, margins, cash generation and the balance sheet.
Overall
- Growth Below Average
Revenue
¥15.04tn · ↓ −5% last year
- Growth Weak
Earnings
¥936.4bn · ↓ −7% last year
- Below Average
Margins
Keeps 3% of sales as operating profit
- Below Average
Cash generation
Uses more cash than it brings in
- Weak
Balance sheet
Debt ≈ 6.4 years of earnings
- Yield Good
Dividend
2.7% yield · Pays out 35% of earnings · covered 2.9×
Investor View
More on Mitsui & Co Ltd
Open a section for the detail behind the quick view.
Financial and earnings trendsSales, margins, profit, earnings per share and cash, year by year.
Reported annual results, newest first · Market data. “Growth” is the change in sales on the year before.
| Year | Revenue | Growth | Operating margin | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| FY2026 | ¥14.00tn | −4.6% | 3.0% | ¥834.0bn | ¥290.86 | −¥155.5bn |
| FY2025 | ¥14.66tn | +10.0% | 2.7% | ¥900.3bn | ¥306.47 | ¥671.4bn |
| FY2024 | ¥13.32tn | −6.9% | 3.9% | ¥1.06tn | ¥360.70 | ¥569.6bn |
| FY2023 | ¥14.31tn | — | 4.8% | ¥1.13tn | ¥360.70 | ¥857.5bn |
How it compares with peersOther companies we cover in Conglomerate.
- Itochu CorporationTYO:8001
ET&A likes the company but would prefer investors to build exposure gradually.
- Mitsubishi CorporationTYO:8085
ET&A sees significant upside from the current price with an attractive risk/reward profile.
- Honeywell Technologies IncHON
ET&A likes the company but would prefer investors to build exposure gradually.
Compare Mitsui & Co Ltd with any company → The model’s own peer calculations are in the Research View.
What the company doesThe full company profile.
Mitsui & Co., Ltd. is one of Japan’s largest integrated trading and investment companies, with operations spanning mineral and metal resources, energy, machinery and infrastructure, chemicals, iron and steel products, lifestyle, digital infrastructure, and corporate development. The company uses its global network to invest in, develop, trade, and operate businesses across a wide range of industries, making it an important bridge between Japan, global commodity markets, industrial supply chains, and international growth sectors.
Mitsui’s strength comes from its diversified portfolio, long-standing customer relationships, global reach, and ability to combine trading expertise with business development and ownership. Its activities give it exposure to resource security, LNG, metals, chemicals, infrastructure, mobility, food, healthcare, digital services, and energy transition. This makes Mitsui & Co. a strategically important Japanese conglomerate with relevance across both traditional industrial markets and long-term themes such as decarbonisation, supply-chain resilience, digital infrastructure, and global economic development.
Conglomerate · Japan
Research ViewOpen the full researchThe full researchFull financial statements, valuation multiples, historical data, forecasts, methodology, scoring calculations and the valuation model.OpenClose
For detailed analysis. Each section opens on its own.
Financial statementsEvery published figure with its source, the market snapshot and connected sheets.
Income
- Revenue
- ¥15.04tnMarket data
- Gross profit
- ¥1.44tnMarket data
- EBITDA
- ¥775.4bnMarket data
- Operating profit (EBIT)
- ¥426.0bnMarket data
- Net income
- ¥936.4bnMarket data
- Earnings per share (EPS)
- ¥331.75Market data
Growth
- Revenue growth, latest year
- Weak−4.6%Calculated
- Revenue growth, 3-year average
- Below Average−0.7%Calculated
- Earnings growth, latest year
- Weak−7.4%Calculated
- Earnings growth, 3-year average
- Weak−9.6%Calculated
- Revenue growth, latest quarter vs a year earlier
- 31.7%Market data
- Earnings growth, latest quarter vs a year earlier
- 55.6%Market data
Margins & returns
- Gross margin
- Below Average9.6%Market data
- EBITDA margin
- 5.2%Market data
- Operating margin
- Below Average3.4%Market data
- Net margin
- Average6.2%Market data
- Return on equity (ROE)
- Good11.4%Market data
- Return on assets (ROA)
- 1.7%Market data
Cash flow
- Operating cash flow
- ¥732.6bnMarket data
- Free cash flow
- −¥155.5bnMarket data
- Free-cash-flow margin
- Below Average−1.0%Calculated
- Free cash flow ÷ net income
- −0.2×Calculated
Balance sheet
- Cash
- ¥884.6bnMarket data
- Total debt
- ¥5.88tnMarket data
- Net debt
- ¥5.00tnMarket data
- Net debt ÷ EBITDA
- Weak6.4×Calculated
- Debt ÷ equity
- 0.6×Market data
- Current ratio
- 1.4×Market data
Shares & dividends
- Shares outstanding
- 2.84bnMarket data
- Market capitalisation
- ¥14.01tnMarket data
- Dividend per share
- ¥0.00Market data
- Dividend yield
- Good2.7%Market data
- Payout ratio
- 35.1%Market data
- Market data — the live feed (Yahoo Finance)
- Calculated — worked out by ET&A from the figures shown, using the formulas in our methodology
Other published figures
- Price / Sales
- Members
- EV / EBITDA
- Members
- Price / Book
- Members
- Forward P/E
- Members
Market data
LiveAs of 14 October 2026
- P/E Ratio
- 14.89x
Valuation multiplesP/E, forward P/E, EV/EBITDA, Price/Sales and FCF yield — today and at Fair Value.Members
Standard ways of comparing the share price with the company’s earnings, sales and cash. Tap the “i” for what each one means.
| Measure | Today | Source |
|---|---|---|
| P/E | Members | |
| Forward P/E | Members | |
| EV/EBITDA | Members | |
| Price/Sales | Members | |
| FCF Yield | Members |
Valuation ratios are part of ET&A membership.
Other published measures
- Price / Book
- Members
Historical dataValuation history, how our view has changed, and the share-price history.
Share-price history
Use the 5Y and Max ranges on the price chart at the top of the page.
ForecastsWhat analysts expect — market consensus, not ET&A estimates.
Forecasts
- Forward EPS (next year, consensus)
- ¥293.85Market data
- Expected EPS growth, next year
- Weak−11.4%Calculated
- Expected revenue growth, next year
- 294.3%Market data
Forecasts are market consensus or calculated from forward EPS — not ET&A estimates, and they can be wrong.
MethodologyHow ET&A values a company and reaches a view.
How we value Mitsui & Co Ltd
- 1. The right method for the business. Each business is valued on the method that suits its economics — earnings for most companies, book value and returns for banks and insurers, cash flows or dividends where earnings mislead.
- 2. What the business deserves. ET&A builds a fair multiple from the company's own quality, sustainable growth, earnings predictability and risk. History, peers and the market are checked against it, but they don't set it.
- 3. Fair Value. The earnings (or other basis) per share multiplied by that fair multiple, cross-checked against independent methods.
- 4. Preferred Entry. A price below Fair Value that leaves room for the return ET&A requires for the company's risk.
- 5. Is it expensive? Today’s price is placed on ET&A’s Valuation Attractiveness scale — the same measure the ET&A Score uses. Cheap is the Preferred Entry; above Fair Value the shares are Expensive, and Very Expensive once they are more than 25% above it.
Powered by the ET&A Valuation FrameworkHow Fair Value & Preferred Entry work →
Read the full ET&A methodology →Scoring calculationsBehind the ET&A Score and the Business Health ratings.
Behind the ET&A Score
The automatic, rules-based scores that feed our research. The ET&A Score blends these with our own analysis of the business and its value. How the framework works →
ET&A Quant Score
Unprofitable · Highly levered · Neutral
Context — not part of the score
- Valuation multiplesFairly priced
- Share-price steadinessHigh volatility
- IncomeModerate yield
Valuation and share-price swings describe the shares, not the company, so they are judged in the ET&A Score and View instead.
- Annualised volatility
- Members
- Max drawdown (1y)
- Members
- 12-month return
- Members
- 3-month return
- Members
- P/E
- Members
- Price / Sales
- Members
- EV / EBITDA
- Members
- EBITDA margin
- Members
- Net debt / EBITDA
- Members
- Dividend yield
- Members
Based on the factors that could be measured (45% of the model).
Business Health ratings
Each area is scored from 0 to 10 on ET&A’s methodology scales — the same ones our research uses — then given a word: Excellent from 8.5, Strong from 7, Good from 5.5, Average from 4.5, Below Average from 3, Weak below 3. The overall answer is the average of the areas we could rate (at least three); the dividend isn’t part of it.
| Area | Based on | Score | Rating |
|---|---|---|---|
| Revenue |
Rated on 3-year average revenue growth, on ET&A's growth scale. | 3.7 / 10 | Below Average |
| Earnings |
Rated on 3-year average earnings growth, on ET&A's growth scale. | 2.0 / 10 | Weak |
| Margins |
The average of operating and net margin, each scored on ET&A's margin scales. A negative margin scores 1 (Weak). | 4.2 / 10 | Below Average |
| Cash generation |
Free cash flow as a share of sales, on ET&A's cash-generation scale. | 3.6 / 10 | Below Average |
| Balance sheet |
Net debt ÷ EBITDA — roughly how many years of operating earnings would repay the debt — on ET&A's leverage scale. | 2.0 / 10 | Weak |
| Dividend |
Dividend yield on ET&A's income scale. Not part of the overall health rating. | 5.7 / 10 | Good |
| Overall | Average of the 5 rated areas | 3.1 / 10 | Below Average |
ET&A's scales
Where each band starts on the scales above. They are fixed and identical for every company we cover; they come straight from ET&A’s methodology, so a company is judged the same way here as in our research.
| Measure | Excellent | Strong | Good | Average | Below Average | Weak |
|---|---|---|---|---|---|---|
| GrowthStructural Growth (Fundamental Conviction) | 18%+ | 10%+ | 5.0%+ | 1.7%+ | −2.5%+ | below −2.5% |
| Operating marginCompetitive Position (Fundamental Conviction) | 29%+ | 20%+ | 13%+ | 7.5%+ | 0%+ | below 0% (loss) |
| Net marginEarnings Durability (Fundamental Conviction) | 23%+ | 15%+ | 9.8%+ | 6.0%+ | 0%+ | below 0% (loss) |
| Free-cash-flow marginCapital Allocation (Fundamental Conviction) | 15%+ | 8.5%+ | 3.8%+ | 1.3%+ | −2.5%+ | below −2.5% |
| Net debt ÷ EBITDAStructural Risk (Fundamental Conviction) | net cash | ≤ 1.5× | ≤ 2.8× | ≤ 3.6× | ≤ 5.0× | above 5.0× |
| Return on equity (banks & insurers)Bank and insurer quality | 16%+ | 12%+ | 9.0%+ | 6.7%+ | 2.7%+ | below 2.7% |
| Equity ÷ assetsBank capital | 7.5%+ | 6.0%+ | 4.7%+ | 4.0%+ | any | — |
| Dividend yieldIncome factor (ET&A Quant Score) | 5.8%+ | 4.0%+ | 2.5%+ | 1.8%+ | 1.0%+ | below 1.0% |
Band floors: Excellent 8.5 · Strong 7 · Good 5.5 · Average 4.5 · Below Average 3 (scores out of 10). Utilities and property companies’ structural debt is scored 6.5, as in ET&A’s risk model.
Research notesNo research notes published yet.
No research notes have been published for Mitsui & Co Ltd yet.
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