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Nonferrous metals smelter making copper, zinc and specialty materials, plus automotive locks and battery materials.
Nonferrous metals smelter making copper, zinc and specialty materials, plus automotive locks and battery materials.
Profit comes more from specialty materials than from smelting: thin copper foil for circuit boards and batteries, catalysts and sputtering targets are priced by performance rather than by the metal market, while zinc smelting follows commodity prices. A third business makes car door latches and related systems for automakers.
In one line: A diversified metals/smelting company like a smaller Freeport-McMoRan plus auto parts.
Moat: none (scale). Commodity metals smelter with pricing largely set by global metal markets.
Headquarters: Tokyo, Japan · Founded: 1950 · Employees: 8,188
Size Mitsui Kinzoku (5706.T) is a Japan Industrials company (Other Metals/Minerals) with a market value of $5.61B, the 222nd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥23,080 on 6 Nov 2026.
Performance Over six months the shares fell 28.4%, against -5.4% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 11.2% over the last twelve months (peer median +5.7%); the operating margin is 17.9% (peer median 10.3%).
Valuation It trades at 10.1× forward earnings against a peer median of 14.9× (2nd cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 12% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is +4 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 1.8 points above its cost of capital (17.7% WACC).
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥791B | ¥759B | ¥712B | ¥647B | ¥652B |
| Revenue growth | — | +6% | +10% | -1% | — |
| Gross profit | ¥214B | ¥199B | ¥147B | ¥92.4B | ¥76.9B |
| EBITDA | ¥171B | ¥162B | ¥108B | ¥66.2B | ¥46.3B |
| Net income | ¥114B | ¥91.3B | ¥64.7B | ¥26.0B | ¥8.51B |
| Free cash flow | n/a | ¥50.8B | ¥45.7B | ¥44.5B | ¥12.4B |
| Capital expenditure | n/a | ¥38.2B | ¥33.4B | ¥33.4B | ¥33.0B |
| Total debt | ¥120B | ¥116B | ¥168B | ¥203B | ¥221B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Mitsui Kinzoku 5706.T | $5.61B | -28% | +11% | 18% | 10.1× | 11.6% |
| Sumitomo Metal Mining 5713.T | $13.2B | -19% | +22% | 14% | 8.1× | 8.5% |
| Freeport-McMoRan FCX | $85.3B | -4% | 0% | 24% | 14.3× | 16.3% |
| Mitsubishi Materials 5711.T | $3.21B | -24% | +7% | 5% | 3.7× | n/a |
Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 5706.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -18.9% | -12.4% | 6th lowest of 21 |
| 6-month return | -28.4% | -5.4% | 5th lowest of 21 |
| Distance from 52-week high | -60.0% | -23.1% | lowest of 21 |
| Revenue growth (TTM) | +11.2% | +5.7% | 6th highest of 21 |
| Operating margin | 17.9% | 10.3% | 2nd highest of 21 |
| Forward P/E | 10.1× | 14.9× | 2nd cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 11.6% | 4.8% | 2nd most demanding of 17 |
| Growth delivered (Del g) | +7.7% | +7.3% | 8th highest of 17 |
| Hurdle (Req g minus delivered) | +3.9 pp | -3.2 pp | 3rd most demanding of 17 |
| ROIC minus cost of capital | +1.8 pp | -0.5 pp | 10th highest of 21 |
| EV / EBITDA | 5.6× | 8.0× | cheapest of 20 |
| Net debt / EBITDA | 0.4× | 0.2× | 11th least indebted of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Mitsui Kinzoku 5706.T | Japan | $5.61B | -28% | +11% | 18% | 10.1× | 11.6% | +7.7% |
| Kinden 1944.T | Japan | $5.56B | -36% | +8% | 13% | 11.6× | -0.9% | +6.2% |
| SG Holdings Co., Ltd. 9143.T | Japan | $5.56B | +1% | +14% | 5% | 14.0× | -2.6% | +4.6% |
| Yaskawa Electric 6506.T | Japan | $5.71B | -38% | +6% | 8% | 19.7× | 24.8% | +6.8% |
| Sojitz 2768.T | Japan | $5.77B | -19% | +27% | 3% | 7.6× | n/a | n/a |
| Toto 5332.T | Japan | $5.40B | -1% | +5% | 8% | 18.2× | 7.8% | +5.0% |
| Tokyo Metro 9023.T | Japan | $5.31B | -8% | +3% | 21% | 16.5× | 4.8% | +7.4% |
| Kandenko 1942.T | Japan | $5.26B | -41% | +4% | 12% | 11.2× | -0.9% | +5.9% |
| Ricoh 7752.T | Japan | $6.06B | +28% | +5% | 3% | 13.6× | -1.0% | +9.2% |
| Sanwa 5929.T | Japan | $5.10B | +8% | +2% | 11% | 14.8× | -2.6% | +9.1% |
| Yokogawa Electric 6841.T | Japan | $6.24B | -30% | +7% | 13% | 15.5× | 6.8% | +10.1% |
| MISUMI 9962.T | Japan | $6.25B | +3% | +24% | 13% | 17.9× | 9.3% | +7.3% |
| Agc 5201.T | Japan | $6.33B | -15% | +6% | 6% | 12.6× | 4.8% | +7.8% |
| Hitachi Construction Machinery 6305.T | Japan | $6.36B | -12% | +7% | 10% | 11.2× | 3.9% | +11.6% |
| HOSHIZAKI 6465.T | Japan | $4.93B | +5% | +12% | 10% | 17.8× | -4.5% | +15.3% |
| Yamato 9064.T | Japan | $4.83B | +26% | +2% | 2% | 34.5× | 8.9% | +1.9% |
| Horiba 6856.T | Japan | $4.79B | -17% | +12% | 17% | 14.4× | 11.2% | +12.2% |
| Toppan 7911.T | Japan | $6.77B | -3% | +9% | 4% | 15.0× | n/a | n/a |
| Azbil 6845.T | Japan | $4.63B | -2% | +1% | 15% | 18.7× | 5.5% | +3.9% |
| Dai Nippon Printing 7912.T | Japan | $6.96B | -14% | +4% | 7% | 11.8× | n/a | n/a |
| Keisei Electric Railway 9009.T | Japan | $4.51B | +26% | +4% | 11% | 15.5× | n/a | n/a |