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Japanese sogo shosha trading and investing in metals, energy, machinery, chemicals and food globally.
Japanese sogo shosha trading and investing in metals, energy, machinery, chemicals and food globally.
Most profit comes from its share of earnings and dividends of businesses and projects it holds stakes in, with iron ore, LNG and other resources the biggest contributors, rather than from trading commissions. Its results therefore follow commodity prices. Berkshire Hathaway has held a stake since 2020.
In one line: A Japanese conglomerate merchant-bank-meets-commodity-trader.
Moat: narrow (scale, distribution, installed base). Global sourcing/logistics networks and long-term resource stakes are hard to replicate.
Headquarters: Tokyo, Japan · Founded: 1876 · Employees: 55,463
Size Mitsui & (8031.T) is a Japan Industrials company (Chemicals: Major Diversified) with a market value of $82.4B, the 18th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥4,620 on 6 Nov 2026.
Performance Over six months the shares fell 21.6%, against -0.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th lowest of 18 in its peer set.
Growth Revenue grew 10.4% over the last twelve months (peer median +10.9%); the operating margin is 3.1% (peer median 9.8%).
Valuation It trades at 12.7× forward earnings against a peer median of 15.8× (4th cheapest of 18).
Capital Return on invested capital runs 4.0 points below its cost of capital (6.3% WACC).
Credit Mitsui & has 1 bond outstanding ($750M), rated A by the agencies and trading like A- at a weighted spread of 70 bp.
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥15.6T | ¥14.0T | ¥14.7T | ¥13.3T | ¥14.3T |
| Revenue growth | — | -5% | +10% | -7% | — |
| Gross profit | ¥1.45T | ¥1.25T | ¥1.21T | ¥1.25T | ¥1.35T |
| EBITDA | ¥844B | ¥750B | ¥703B | ¥807B | ¥961B |
| Net income | ¥985B | ¥834B | ¥900B | ¥1.06T | ¥1.13T |
| Free cash flow | -¥442B | -¥155B | ¥671B | ¥570B | ¥819B |
| Capital expenditure | ¥1.19T | ¥1.11T | ¥346B | ¥295B | ¥228B |
| Total debt | ¥5.75T | ¥5.71T | ¥4.84T | ¥4.78T | ¥5.04T |
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 & 8031.T | $82.4B | -22% | +10% | 3% | 12.7× | n/a |
| Mitsubishi 8058.T | $105B | -1% | +16% | 3% | 14.8× | 18.8% |
| Marubeni 8002.T | $49.7B | -22% | +14% | 4% | 12.3× | 17.7% |
| Itochu 8001.T | $111B | +16% | +6% | 5% | 15.8× | 18.1% |
| Sumitomo 8053.T | $47.7B | +9% | +6% | 5% | 11.3× | 15.2% |
Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 8031.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.9% | -14.6% | 8th highest of 18 |
| 6-month return | -21.6% | -0.8% | 7th lowest of 18 |
| Distance from 52-week high | -30.8% | -24.4% | 6th lowest of 18 |
| Revenue growth (TTM) | +10.4% | +10.9% | 9th lowest of 18 |
| Operating margin | 3.1% | 9.8% | 2nd lowest of 18 |
| Forward P/E | 12.7× | 15.8× | 4th cheapest of 18 |
| ROIC minus cost of capital | -4.0 pp | -1.3 pp | 4th lowest of 18 |
| EV / EBITDA | 21.4× | 11.2× | most expensive of 18 |
| Net debt / EBITDA | 5.7× | 1.5× | 3rd most indebted of 18 |
| Bond spread | 70 bp | 81 bp | 2nd tightest of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Mitsui & 8031.T | Japan | $82.4B | -22% | +10% | 3% | 12.7× | n/a | n/a |
| Mitsubishi 8058.T | Japan | $105B | -1% | +16% | 3% | 14.8× | 18.8% | +8.0% |
| Mitsubishi Heavy Industries 7011.T | Japan | $62.1B | -37% | -3% | 10% | 22.3× | 9.0% | +6.1% |
| Itochu 8001.T | Japan | $111B | +16% | +6% | 5% | 15.8× | 18.1% | +7.5% |
| Mitsubishi Electric 6503.T | Japan | $59.9B | -28% | +12% | 10% | 17.1× | 13.2% | +7.1% |
| Hitachi 6501.T | Japan | $130B | -7% | +14% | 12% | 20.9× | 9.5% | +3.9% |
| Marubeni 8002.T | Japan | $49.7B | -22% | +14% | 4% | 12.3× | 17.7% | +5.5% |
| Sumitomo 8053.T | Japan | $47.7B | +9% | +6% | 5% | 11.3× | 15.2% | +9.5% |
| Daikin Industries 6367.T | Japan | $40.4B | -1% | +11% | 8% | 21.8× | 7.4% | +15.0% |
| Toyota Tsusho 8015.T | Japan | $36.8B | +2% | +25% | 5% | 13.0× | 9.8% | +12.9% |
| Fujikura 5803.T | Japan | $33.0B | -50% | +28% | 19% | 14.3× | 28.9% | +12.9% |
| Komatsu 6301.T | Japan | $32.2B | -12% | +9% | 13% | 13.1× | 9.5% | +13.6% |
| Fanuc 6954.T | Japan | $31.2B | -23% | +13% | 23% | 22.0× | 16.9% | +9.2% |
| East Japan Railway 9020.T | Japan | $27.4B | +13% | +9% | 14% | 15.8× | n/a | n/a |
| Central Japan Railway 9022.T | Japan | $25.1B | +11% | +5% | 40% | 8.0× | -6.8% | +19.5% |
| Fujifilm 4901.T | Japan | $24.9B | +14% | +7% | 10% | 14.1× | n/a | n/a |
| Kyocera 6971.T | Japan | $23.4B | +3% | +7% | 6% | 22.5× | 21.3% | +6.3% |
| Smc 6273.T | Japan | $21.9B | -27% | +16% | 24% | 15.9× | 16.2% | +8.8% |
Mitsui & has 1 bond outstanding with $750M face value. The agencies rate it A; its bonds trade like A-. Weighted yield 5.33%, a spread of 70 bp over government bonds.