Financials Mitsui & Co., Ltd.

Equities

8031

JP3893600001

Diversified Industrial Goods Wholesale

Market Closed - Japan Exchange Other stock markets 02:30:00 2025-06-20 am EDT			5-day change	1st Jan Change
2,922.50 ^JPY	-0.81%		+0.59%	-11.73%

Jun. 19	Japan returns to long-term LNG deals on AI boom, national energy plan	RE
Jun. 17	TotalEnergies CEO expects to restart Mozambique LNG project this summer	RE

Projected Income Statement: Mitsui & Co., Ltd.

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	8,010,235	11,757,559	14,306,402	13,324,942	14,662,620	14,935,187	14,886,370	15,245,318
Change	-	46.78%	21.68%	-6.86%	10.04%	1.86%	-0.33%	2.41%
EBITDA ¹	478,681	841,456	966,108	818,997	714,384	856,557	834,601	774,705
Change	-	75.79%	14.81%	-15.23%	-12.77%	19.9%	-2.56%	-7.18%
EBIT ¹	205,042	545,060	693,419	525,424	400,654	512,774	518,717	476,492
Change	-	165.83%	27.22%	-24.23%	-23.75%	27.98%	1.16%	-8.14%
Interest Paid ¹	-51,948	-47,324	-114,582	-168,064	-206,032	-189,144	-188,311	-208,016
Earnings before Tax (EBT) ¹	450,202	1,164,480	1,395,295	1,302,393	1,135,231	1,022,000	1,146,777	1,157,280
Change	-	158.66%	19.82%	-6.66%	-12.83%	-9.97%	12.21%	0.92%
Net income ¹	335,458	914,722	1,130,630	1,063,684	900,342	781,830	852,979	868,272
Change	-	172.68%	23.6%	-5.92%	-15.36%	-13.16%	9.1%	1.79%
Announcement Date	4/30/21	5/2/22	5/2/23	5/1/24	5/1/25	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	1,521,768	1,521,836	1,655,468	3,311,163	2,658,034	2,758,165	3,173,230	3,168,130	3,720,531	3,703,284	3,612,700	3,269,887	3,149,131	3,228,307	3,621,034	3,326,470	3,839,914	3,491,903	3,651,475	3,679,328	3,735,936	3,416,239	3,584,683	3,613,142	3,956,781	3,631,393	3,817,418	3,836,408
Change	-	0%	8.78%	100.01%	-19.73%	3.77%	15.05%	-0.16%	17.44%	-0.46%	-2.45%	-9.49%	-3.69%	2.51%	12.17%	-8.13%	15.44%	-9.06%	4.57%	0.76%	1.54%	-8.56%	4.93%	0.79%	9.51%	-8.22%	5.12%	0.5%
EBITDA ¹	-	-	-	162,070	203,523	191,541	196,026	250,366	223,483	219,446	269,932	249,210	185,806	168,205	253,031	211,955	205,235	117,756	194,728	196,665	178,778	163,934	195,514	208,114	160,461	154,070	181,770	211,061
Change	-	-	-	-	25.58%	-5.89%	2.34%	27.72%	-10.74%	-1.81%	23.01%	-7.68%	-25.44%	-9.47%	50.43%	-16.23%	-3.17%	-42.62%	65.37%	0.99%	-9.1%	-8.3%	19.26%	6.44%	-22.9%	-3.98%	17.98%	16.11%
EBIT ¹	54,999	-	35,314	88,661	129,638	118,518	117,891	179,013	157,481	148,411	200,641	186,886	116,496	100,142	181,467	127,319	127,887	39,789	115,546	117,432	89,747	74,863	106,623	118,982	82,362	75,446	102,862	134,298
Change	-	-	-	151.06%	46.22%	-8.58%	-0.53%	51.85%	-12.03%	-5.76%	35.19%	-6.86%	-37.66%	-14.04%	81.21%	-29.84%	0.45%	-68.89%	190.4%	1.63%	-23.58%	-16.58%	42.42%	11.59%	-30.78%	-8.4%	36.34%	30.56%
Charge d'intérêts	-15,433	-	-12,618	-	-14,390	-	-10,054	-11,446	-16,401	-	-33,274	-	-38,589	-	-41,357	-	-44,349	-	-47,284	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	101,990	-	87,920	-	256,191	-	291,550	332,276	347,957	-	377,012	330,476	311,814	-	339,661	368,856	347,686	-	297,897	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	13.97%	4.72%	-	-	-12.34%	-5.65%	-	-	8.6%	-5.74%	-	-	-	-	-	-	-	-	-	-	-
Net income ¹	62,557	47,467	88,913	136,521	191,264	213,366	228,626	281,466	275,000	264,104	301,683	289,843	252,850	203,411	270,146	337,277	276,110	135,677	240,383	248,172	178,800	149,646	206,126	265,429	203,024	152,112	273,202	221,662
Change	-	-24.12%	87.32%	53.54%	40.1%	11.56%	7.15%	23.11%	-2.3%	-3.96%	14.23%	-3.92%	-12.76%	-19.55%	32.81%	24.85%	-18.14%	-50.86%	77.17%	3.24%	-27.95%	-16.31%	37.74%	28.77%	-23.51%	-25.08%	79.61%	-18.86%
Announcement Date	7/31/20	10/30/20	2/3/21	4/30/21	8/3/21	11/2/21	2/3/22	5/2/22	8/2/22	11/1/22	2/3/23	5/2/23	8/1/23	10/31/23	2/2/24	5/1/24	8/1/24	11/1/24	2/4/25	5/1/25	-	-	-	-	-	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2022 S1	2022 S2	2023 S1	2024 S1	2025 S1
Net sales ¹	5,416,199	6,341,360	7,423,815	6,377,438	7,331,817
Change	-	17.08%	17.07%	-14.09%	14.96%
EBITDA	-	-	-	-	-
Change	-	-	-	-	-
EBIT ¹	248,156	296,904	305,892	216,638	167,676
Change	-	19.64%	3.03%	-29.18%	-22.6%
Charge d'intérêts ¹	-25,824	-21,500	-39,656	-80,517	-83,756
Earnings before Tax (EBT) ¹	540,654	623,826	687,807	593,876	534,249
Change	-	15.38%	10.26%	-13.66%	-10.04%
Net income ¹	404,630	510,092	539,104	456,261	411,787
Change	-	26.06%	5.69%	-15.37%	-9.75%
Announcement Date	11/2/21	5/2/22	11/1/22	10/31/23	11/1/24

¹JPY in Million

Estimates

Forecast Balance Sheet: Mitsui & Co., Ltd.

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	3,683,587	3,749,595	3,650,430	3,877,852	3,863,904	3,787,204	3,629,658	3,991,951
Change	-	1.79%	-2.64%	6.23%	-0.36%	-1.99%	-4.16%	9.98%
Announcement Date	4/30/21	5/2/22	5/2/23	5/1/24	5/1/25	-	-	-

¹JPY in Million

Estimates

Cash Flow Forecast: Mitsui & Co., Ltd.

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	206,404	156,636	190,043	281,023	346,147	335,943	346,067	361,060
Change	-	-24.11%	21.33%	47.87%	23.17%	-2.95%	3.01%	4.33%
Free Cash Flow (FCF) ¹	450,222	625,705	869,200	436,900	855,530	314,333	537,500	525,667
Change	-	38.98%	38.92%	-49.74%	95.82%	-63.26%	71%	-2.2%
Announcement Date	4/30/21	5/2/22	5/2/23	5/1/24	5/1/25	-	-	-

¹JPY in Million

Estimates

Forecast Financial Ratios: Mitsui & Co., Ltd.

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	5.98%	7.16%	6.75%	6.15%	4.87%	5.74%	5.61%	5.08%
EBIT Margin (%)	2.56%	4.64%	4.85%	3.94%	2.73%	3.43%	3.48%	3.13%
EBT Margin (%)	5.62%	9.9%	9.75%	9.77%	7.74%	6.84%	7.7%	7.59%
Net margin (%)	4.19%	7.78%	7.9%	7.98%	6.14%	5.23%	5.73%	5.7%
FCF margin (%)	5.62%	5.32%	6.08%	3.28%	5.83%	2.1%	3.61%	3.45%
FCF / Net Income (%)	134.21%	68.4%	76.88%	41.07%	95.02%	40.2%	63.01%	60.54%
Profitability
ROA	3.7%	8.49%	9.21%	8.07%	6.74%	4.62%	4.66%	4.6%
ROE	8%	18%	18.9%	15.3%	11.9%	9.85%	10.49%	10.24%
Financial Health
Leverage (Debt/EBITDA)	7.7x	4.46x	3.78x	4.73x	5.41x	4.42x	4.35x	5.15x
Debt / Free cash flow	8.18x	5.99x	4.2x	8.88x	4.52x	12.05x	6.75x	7.59x
Capital Intensity
CAPEX / Current Assets (%)	2.58%	1.33%	1.33%	2.11%	2.36%	2.25%	2.32%	2.37%
CAPEX / EBITDA (%)	43.12%	18.61%	19.67%	34.31%	48.45%	39.22%	41.46%	46.61%
CAPEX / FCF (%)	45.84%	25.03%	21.86%	64.32%	40.46%	106.87%	64.38%	68.69%
Items per share
Cash flow per share ¹	180.9	371.8	448	450.2	413.6	447.6	357.1	375
Change	-	105.5%	20.48%	0.5%	-8.12%	8.2%	-20.21%	5%
Dividend per Share ¹	42.5	52.5	70	85	100	114.4	116.4	127.2
Change	-	23.53%	33.33%	21.43%	17.65%	14.44%	1.74%	9.23%
Book Value Per Share ¹	1,370	1,751	2,089	2,518	2,626	2,755	3,001	3,107
Change	-	27.81%	19.32%	20.57%	4.27%	4.91%	8.92%	3.53%
EPS ¹	99.64	280.8	360.9	352.8	306.7	276.1	300.7	315.5
Change	-	181.82%	28.53%	-2.25%	-13.06%	-9.99%	8.92%	4.9%
Nbr of stocks (in thousands)	3,344,779	3,201,788	2,968,016	2,994,605	2,873,476	2,873,757	2,873,757	2,873,757
Announcement Date	4/30/21	5/2/22	5/2/23	5/1/24	5/1/25	-	-	-