Japanese metals and materials conglomerate producing copper, cement and advanced/electronic materials.
Japanese metals and materials conglomerate producing copper, cement and advanced/electronic materials.
Copper smelting earns mostly a treatment fee from mining companies for turning ore concentrate into metal, with recycling metal from electronic scrap as a distinctive input. Its cement business was combined with UBE's in 2022, so the group now covers metals, cement and materials for electronics.
In one line: A diversified Japanese Freeport-McMoRan plus cement business.
Moat: none (scale). Diversified metals/cement conglomerate exposed to global commodity prices without a clear structural edge.
Headquarters: Tokyo, Japan · Founded: 1871 · Employees: 17,591
Size Mitsubishi Materials (5711.T) is a Japan Materials company (Metal Fabrication) with a market value of $3.21B, the 342nd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,874 on 6 Nov 2026.
Performance Over six months the shares fell 23.9%, against +8.9% for the median peer and +1.8% for the Japan market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue grew 6.9% over the last twelve months (peer median +3.5%); the operating margin is 4.8% (peer median 6.8%).
Valuation It trades at 3.7× forward earnings against a peer median of 11.3× (cheapest of 21).
Capital Return on invested capital runs 1.8 points below its cost of capital (6.8% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥2.01T | ¥1.84T | ¥1.96T | ¥1.54T | ¥1.63T |
| Revenue growth | — | -6% | +27% | -5% | — |
| Gross profit | ¥236B | ¥191B | ¥160B | ¥142B | ¥171B |
| EBITDA | ¥146B | ¥110B | ¥84.4B | ¥71.7B | ¥96.2B |
| Net income | ¥95.9B | ¥40.6B | ¥34.1B | ¥29.8B | ¥20.3B |
| Free cash flow | n/a | -¥9.22B | ¥2.81B | -¥27.4B | -¥25.6B |
| Capital expenditure | n/a | ¥51.6B | ¥60.3B | ¥83.0B | ¥76.7B |
| Total debt | ¥705B | ¥662B | ¥603B | ¥628B | ¥556B |
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 |
|---|---|---|---|---|---|---|
| Mitsubishi Materials 5711.T | $3.21B | -24% | +7% | 5% | 3.7× | n/a |
| Sumitomo Metal Mining 5713.T | $13.2B | -19% | +22% | 14% | 8.1× | 8.5% |
| JX Advanced Metals 5016.T | $14.6B | -49% | +30% | 11% | 12.7× | 22.2% |
| Furukawa Electric 5801.T | $8.75B | -54% | +13% | 6% | 11.9× | 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 | 5711.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -24.0% | -4.4% | 3rd lowest of 21 |
| 6-month return | -23.9% | +8.9% | 2nd lowest of 21 |
| Distance from 52-week high | -36.9% | -16.1% | 4th lowest of 21 |
| Revenue growth (TTM) | +6.9% | +3.5% | 4th highest of 21 |
| Operating margin | 4.8% | 6.8% | 6th lowest of 21 |
| Forward P/E | 3.7× | 11.3× | cheapest of 21 |
| ROIC minus cost of capital | -1.8 pp | -1.3 pp | 8th lowest of 21 |
| EV / EBITDA | 7.3× | 6.6× | 9th most expensive of 21 |
| Net debt / EBITDA | 3.8× | 1.5× | 4th most indebted of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Mitsubishi Materials 5711.T | Japan | $3.21B | -24% | +7% | 5% | 3.7× | n/a | n/a |
| Kansai Paint 4613.T | Japan | $3.23B | +29% | +3% | 8% | 19.1× | 2.3% | +10.1% |
| Taiheiyo Cement 5233.T | Japan | $3.03B | +19% | +1% | 8% | 7.7× | 0.8% | +0.8% |
| Kuraray 3405.T | Japan | $3.52B | +14% | +3% | 7% | 15.0× | -0.2% | +8.3% |
| NOF 4403.T | Japan | $3.60B | -22% | +13% | 17% | 13.5× | -6.1% | +8.4% |
| Toyo Seikan 5901.T | Japan | $3.69B | +34% | +6% | 6% | 20.4× | -2.7% | +5.2% |
| Dowa 5714.T | Japan | $2.78B | -22% | +29% | 6% | 6.9× | n/a | n/a |
| Mitsubishi Gas Chemical 4182.T | Japan | $3.78B | -31% | +3% | 8% | 10.6× | n/a | n/a |
| DIC 4631.T | Japan | $2.68B | +25% | +6% | 7% | 9.3× | -1.0% | +8.5% |
| Yamato Kogyo 5444.T | Japan | $3.88B | -13% | +1% | 2% | 10.3× | 24.2% | +3.4% |
| Air Water 4088.T | Japan | $3.93B | +23% | +7% | 4% | 14.3× | 7.1% | +6.8% |
| Nifco 7988.T | Japan | $2.62B | +6% | +4% | 14% | 11.7× | -3.5% | +6.6% |
| Mitsui Chemicals 4183.T | Japan | $4.08B | -9% | -3% | 6% | 10.7× | 1.9% | +6.6% |
| Daicel 4202.T | Japan | $2.48B | +24% | +2% | 7% | 11.1× | 6.1% | +8.1% |
| Oji 3861.T | Japan | $4.31B | -3% | 0% | 2% | 20.6× | 20.4% | +6.5% |
| Zeon 4205.T | Japan | $2.34B | +6% | +4% | 11% | 9.1× | -1.5% | +6.4% |
| Kaneka 4118.T | Japan | $2.30B | +23% | +4% | 5% | 11.6× | 4.9% | +7.0% |
| Daido Steel 5471.T | Japan | $2.29B | -4% | +8% | 7% | 10.8× | 8.8% | +7.0% |
| Rengo 3941.T | Japan | $2.29B | +18% | +4% | 4% | 11.0× | n/a | n/a |
| Nippon Shokubai 4114.T | Japan | $2.27B | +11% | +4% | 6% | 16.2× | 4.1% | +7.9% |
| Tosoh 4042.T | Japan | $4.69B | -4% | -1% | 11% | 11.4× | -1.5% | +6.8% |