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Mitsui

DB:MTS1
Snowflake Description

Average dividend payer and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MTS1
DB
¥3,310B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Mitsui & Co., Ltd. operates as a general trading company worldwide. The last earnings update was 4 days ago. More info.


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MTS1 Share Price and Events
7 Day Returns
1.3%
DB:MTS1
7%
DE Trade Distributors
0.8%
DE Market
1 Year Returns
11.2%
DB:MTS1
6.9%
DE Trade Distributors
9%
DE Market
MTS1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mitsui (MTS1) 1.3% 9% 14.7% 11.2% 24.4% 43.2%
DE Trade Distributors 7% 8.4% 16.8% 6.9% -1.2% 8.4%
DE Market 0.8% 6.3% 14.4% 9% 14.5% 21.8%
1 Year Return vs Industry and Market
  • MTS1 outperformed the Trade Distributors industry which returned 6.9% over the past year.
  • MTS1 outperformed the Market in Germany which returned 9% over the past year.
Price Volatility
MTS1
Industry
5yr Volatility vs Market

MTS1 Value

 Is Mitsui undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Mitsui to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Mitsui.

DB:MTS1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:MTS1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.951 (1 + (1- 30.86%) (150.73%))
1.631
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.63
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.631 * 5.96%)
9.95%

Discounted Cash Flow Calculation for DB:MTS1 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Mitsui is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:MTS1 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 9.95%)
2020 449,000.00 Analyst x4 408,375.99
2021 252,000.00 Analyst x3 208,462.65
2022 203,500.00 Analyst x2 153,110.85
2023 198,000.00 Analyst x1 135,494.17
2024 202,000.00 Analyst x1 125,724.71
2025 191,863.31 Est @ -5.02% 108,611.31
2026 185,254.94 Est @ -3.44% 95,382.08
2027 180,915.12 Est @ -2.34% 84,719.95
2028 178,072.16 Est @ -1.57% 75,843.91
2029 176,235.16 Est @ -1.03% 68,270.19
Present value of next 10 years cash flows ¥1,463,995.00
DB:MTS1 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ¥176,235.16 × (1 + 0.23%) ÷ (9.95% – 0.23%)
¥1,817,309.06
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥1,817,309.06 ÷ (1 + 9.95%)10
¥703,991.37
DB:MTS1 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥1,463,995.00 + ¥703,991.37
¥2,167,986.37
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥2,167,986.37 / 1,738.32
¥1247.17
DB:MTS1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:MTS1 represents 0.00825x of TSE:8031
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00825x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 1,247.17 x 0.00825
€10.28
Value per share (EUR) From above. €10.28
Current discount Discount to share price of €15.70
= -1 x (€15.70 - €10.28) / €10.28
-52.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Mitsui is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Mitsui's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mitsui's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:MTS1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in JPY ¥244.80
TSE:8031 Share Price ** TSE (2019-11-13) in JPY ¥1904
Germany Trade Distributors Industry PE Ratio Median Figure of 7 Publicly-Listed Trade Distributors Companies 16.14x
Germany Market PE Ratio Median Figure of 403 Publicly-Listed Companies 19.89x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Mitsui.

DB:MTS1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:8031 Share Price ÷ EPS (both in JPY)

= 1904 ÷ 244.80

7.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mitsui is good value based on earnings compared to the DE Trade Distributors industry average.
  • Mitsui is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Mitsui's expected growth come at a high price?
Raw Data
DB:MTS1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
-1.2%per year
Europe Trade Distributors Industry PEG Ratio Median Figure of 32 Publicly-Listed Trade Distributors Companies 1.82x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

DB:MTS1 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.78x ÷ -1.2%

-6.42x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mitsui earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mitsui's assets?
Raw Data
DB:MTS1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in JPY ¥2,422.25
TSE:8031 Share Price * TSE (2019-11-13) in JPY ¥1904
Germany Trade Distributors Industry PB Ratio Median Figure of 10 Publicly-Listed Trade Distributors Companies 1.19x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.83x
DB:MTS1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:8031 Share Price ÷ Book Value per Share (both in JPY)

= 1904 ÷ 2,422.25

0.79x

* Primary Listing of Mitsui.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mitsui is good value based on assets compared to the DE Trade Distributors industry average.
X
Value checks
We assess Mitsui's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. Mitsui has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MTS1 Future Performance

 How is Mitsui expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-1.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mitsui expected to grow at an attractive rate?
  • Mitsui's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Mitsui's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • Mitsui's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:MTS1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:MTS1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts -1.2%
DB:MTS1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts -0.5%
Germany Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 13.6%
Europe Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:MTS1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:MTS1 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-03-31 6,925,300 652,000 414,000 1
2023-03-31 7,024,500 648,000 420,000 1
2022-03-31 7,051,140 515,656 460,571 5
2021-03-31 7,010,380 592,021 448,143 5
2020-03-31 7,103,925 782,659 462,428 4
2019-11-13
DB:MTS1 Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-09-30 7,155,418 575,690 425,498
2019-06-30 7,034,445 403,934 420,837
2019-03-31 6,957,524 410,670 414,215
2018-12-31 6,252,108 512,138 391,713
2018-09-30 5,711,458 553,773 403,042
2018-06-30 5,266,688 485,498 426,137
2018-03-31 4,892,149 553,645 418,479
2017-12-31 4,841,203 586,104 452,637
2017-09-30 4,725,866 492,570 422,466
2017-06-30 4,525,658 567,464 355,747
2017-03-31 4,363,969 404,171 306,136
2016-12-31 4,261,355 406,177 12,485

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Mitsui's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Mitsui's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:MTS1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Mitsui Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:MTS1 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-03-31 242.50 242.50 242.50 1.00
2023-03-31 245.90 245.90 245.90 1.00
2022-03-31 270.93 287.50 250.10 7.00
2021-03-31 262.43 275.78 241.20 7.00
2020-03-31 268.41 281.00 261.80 7.00
2019-11-13
DB:MTS1 Past Financials Data
Date (Data in JPY Millions) EPS *
2019-09-30 244.80
2019-06-30 242.13
2019-03-31 238.33
2018-12-31 224.96
2018-09-30 230.61
2018-06-30 242.92
2018-03-31 237.67
2017-12-31 256.20
2017-09-30 238.16
2017-06-30 199.74
2017-03-31 171.20
2016-12-31 6.97

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Mitsui is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Mitsui's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Mitsui has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MTS1 Past Performance

  How has Mitsui performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Mitsui's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Mitsui's year on year earnings growth rate has been positive over the past 5 years.
  • Mitsui's 1-year earnings growth is less than its 5-year average (5.6% vs 18.6%)
  • Mitsui's earnings growth has not exceeded the DE Trade Distributors industry average in the past year (5.6% vs 8.4%).
Earnings and Revenue History
Mitsui's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Mitsui Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:MTS1 Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 7,155,418.00 425,498.00 587,559.00
2019-06-30 7,034,445.00 420,837.00 583,630.00
2019-03-31 6,957,524.00 414,215.00 580,136.00
2018-12-31 6,252,108.00 391,713.00 589,418.00
2018-09-30 5,711,458.00 403,042.00 587,665.00
2018-06-30 5,266,688.00 426,137.00 590,578.00
2018-03-31 4,892,149.00 418,479.00 584,899.00
2017-12-31 4,841,203.00 452,637.00 564,382.00
2017-09-30 4,725,866.00 422,466.00 560,555.00
2017-06-30 4,525,658.00 355,747.00 553,962.00
2017-03-31 4,363,969.00 306,136.00 552,401.00
2016-12-31 4,261,355.00 12,485.00 555,305.00
2016-09-30 4,293,998.00 -92,074.00 572,417.00
2016-06-30 4,495,976.00 -119,202.00 583,014.00
2016-03-31 4,759,694.00 -83,410.00 592,355.00
2015-12-31 4,912,066.00 186,513.00 627,235.00
2015-09-30 5,155,193.00 214,471.00 626,663.00
2015-06-30 5,318,093.00 275,621.00 631,555.00
2015-03-31 5,404,930.00 306,490.00 631,853.00
2014-12-31 5,574,755.00 287,616.00 617,867.00
2014-09-30 5,615,020.00 369,063.00 608,646.00
2014-06-30 5,695,151.00 344,931.00 600,322.00
2014-03-31 5,731,918.00 350,093.00 607,255.00
2013-12-31 5,659,799.00 359,606.00 584,511.00
2013-09-30 5,410,687.00 331,976.00 581,117.00
2013-06-30 5,139,632.00 325,144.00 576,480.00
2013-03-31 4,912,118.00 296,623.00 566,646.00
2012-12-31 4,881,244.00 348,158.00 560,397.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Mitsui has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Mitsui used its assets more efficiently than the DE Trade Distributors industry average last year based on Return on Assets.
  • Mitsui has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Mitsui's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Mitsui has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MTS1 Health

 How is Mitsui's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Mitsui's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mitsui is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mitsui's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Mitsui's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Mitsui Company Filings, last reported 1 month ago.

DB:MTS1 Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 4,474,245.00 4,988,914.00 1,447,610.00
2019-06-30 4,499,000.00 4,952,603.00 1,288,204.00
2019-03-31 4,530,308.00 4,558,335.00 1,022,580.00
2018-12-31 4,436,552.00 4,398,219.00 1,298,074.00
2018-09-30 4,542,817.00 4,380,897.00 1,304,930.00
2018-06-30 4,306,789.00 4,261,419.00 1,362,640.00
2018-03-31 4,218,123.00 4,157,394.00 1,185,454.00
2017-12-31 4,463,640.00 4,400,400.00 1,544,989.00
2017-09-30 4,228,817.00 4,454,030.00 1,450,817.00
2017-06-30 4,059,167.00 4,749,191.00 1,853,760.00
2017-03-31 3,990,162.00 4,728,614.00 1,573,763.00
2016-12-31 3,912,496.00 4,995,859.00 2,026,939.00
2016-09-30 3,435,317.00 4,723,490.00 1,944,895.00
2016-06-30 3,378,895.00 4,747,855.00 1,945,707.00
2016-03-31 3,666,536.00 4,635,761.00 1,556,036.00
2015-12-31 4,148,440.00 4,793,779.00 1,757,845.00
2015-09-30 4,201,559.00 4,750,377.00 1,797,306.00
2015-06-30 4,535,842.00 4,896,219.00 1,877,346.00
2015-03-31 4,397,374.00 4,743,096.00 1,475,228.00
2014-12-31 4,441,848.00 4,882,351.00 1,863,882.00
2014-09-30 4,395,029.00 4,769,429.00 1,851,514.00
2014-06-30 4,164,731.00 4,473,000.00 1,461,284.00
2014-03-31 4,100,304.00 4,369,782.00 1,283,867.00
2013-12-31 3,841,515.00 4,503,070.00 1,365,970.00
2013-09-30 3,604,353.00 4,387,790.00 1,325,576.00
2013-06-30 3,500,563.00 4,363,681.00 1,355,316.00
2013-03-31 3,684,989.00 4,133,586.00 1,480,905.00
2012-12-31 3,121,964.00 4,193,730.00 1,366,125.00
  • Mitsui's level of debt (110%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (107.6% vs 110% today).
  • Debt is not well covered by operating cash flow (11.7%, less than 20% of total debt).
  • Mitsui earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Mitsui's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Mitsui has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MTS1 Dividends

 What is Mitsui's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.2%
Current annual income from Mitsui dividends. Estimated to be 4.42% next year.
If you bought €2,000 of Mitsui shares you are expected to receive €84 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Mitsui's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.39%).
  • Mitsui's dividend is above the markets top 25% of dividend payers in Germany (3.64%).
Upcoming dividend payment

Purchase Mitsui before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:MTS1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
Germany Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:MTS1 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2024-03-31 80.00 1.00
2023-03-31 80.00 1.00
2022-03-31 88.00 7.00
2021-03-31 84.14 7.00
2020-03-31 81.71 7.00
2019-11-13
DB:MTS1 Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-11-11 80.000 4.175
2019-10-30 80.000 4.258
2019-06-25 80.000 4.567
2019-04-26 80.000 4.689
2019-02-13 80.000 4.534
2019-02-01 80.000 4.597
2018-11-12 80.000 4.596
2018-10-30 80.000 4.274
2018-06-29 70.000 3.704
2018-05-08 70.000 3.642
2018-02-02 80.000 4.240
2017-06-28 60.000 3.541
2017-05-09 60.000 3.933
2017-02-13 50.000 3.053
2017-02-08 50.000 2.960
2016-11-11 50.000 3.083
2016-11-02 50.000 3.517
2016-07-05 50.000 3.754
2016-05-10 50.000 3.955
2016-02-12 64.000 4.789
2016-02-04 64.000 5.061
2015-11-13 64.000 4.517
2015-11-06 64.000 4.141
2015-07-06 64.000 4.154
2015-05-08 64.000 3.772
2015-02-04 64.000 3.910
2014-11-06 64.000 4.043
2014-07-07 64.000 3.835
2014-05-07 64.000 4.064
2014-02-05 51.000 3.422
2013-11-13 51.000 3.609
2013-11-05 51.000 3.724
2013-08-02 51.000 3.616
2013-05-07 51.000 3.871
2013-02-05 43.000 3.174
2012-11-13 43.000 3.499
2012-11-02 43.000 3.909
2012-08-02 55.000 4.852
2012-07-13 55.000 4.769
2012-05-07 55.000 4.814
2012-02-02 56.000 4.187
2012-01-30 56.000 4.323
2011-11-02 56.000 4.703
2011-10-31 56.000 4.957
2011-07-15 55.000 4.421
2011-05-26 55.000 4.036
2011-05-06 55.000 4.014
2011-02-14 54.000 3.709
2011-02-02 54.000 3.642
2010-11-17 40.000 2.927
2010-08-03 36.000 2.940
2010-05-07 36.000 3.075
2009-11-04 14.000 1.024
2009-08-04 14.000 1.142
2009-04-23 14.000 1.215
2009-02-17 35.000 3.589
2009-02-02 50.000 5.050

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Mitsui's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Mitsui's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Mitsui afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mitsui has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MTS1 Management

 What is the CEO of Mitsui's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tatsuo Yasunaga
COMPENSATION ¥203,000,000
AGE 59
TENURE AS CEO 4.6 years
CEO Bio

Mr. Tatsuo Yasunaga has been the Chief Executive Officer and President of Mitsui & Co. Ltd. since April 1, 2015 and serves as its Head of Crisis Management Headquarters. Mr. Yasunaga served as the Managing Officer and the Chief Operating Officer of Integrated Transportation Systems Business Unit of Mitsui & Co. Ltd. and has been its Representative Director since June 2016. Mr. Yasunaga had been General Manager, Corporate Planning and Strategy Division since July 2010; Deputy General Manager, Corporate Planning and Strategy Division since March 2010 and General Manager, Planning and Administrative Division Infrastructure Projects Business Unit since May 2008.

CEO Compensation
  • Tatsuo's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Tatsuo's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Mitsui management team in years:

2.1
Average Tenure
59
Average Age
  • The tenure for the Mitsui management team is about average.
Management Team

Tatsuo Yasunaga

TITLE
President & CEO & Representative Director
COMPENSATION
¥203M
AGE
59
TENURE
4.6 yrs

Takakazu Uchida

TITLE
CFO, Senior Executive Managing Officer & Representative Director
AGE
59
TENURE
1.6 yrs

Shinsuke Fujii

TITLE
EVP, Chief Administrative Officer; Chief Information Officer
AGE
61
TENURE
0.6 yrs

Masaya Inamuro

TITLE
General Manager of Investor Relations Division

Hirotatsu Fujiwara

TITLE
Senior Executive Managing Officer
AGE
58
TENURE
0.6 yrs

Yuichi Takano

TITLE
General Manager of Legal Division
TENURE
2.6 yrs

Shinichi Kikuchihara

TITLE
Managing Officer & COO of Corporate Development Business Unit

Yoshiaki Takemasu

TITLE
Managing Officer and GM of HR & General Affairs Division
TENURE
1.6 yrs

Kiyoshi Masuko

TITLE
Deputy COO of EMEA Business Unit
TENURE
10.6 yrs

Masanari Nagai

TITLE
SVP of the Asia Pacific Business Unit Mitsui & Co and Executive Chief Representative for Myanmar
TENURE
7.5 yrs
Board of Directors Tenure

Average tenure and age of the Mitsui board of directors in years:

1.9
Average Tenure
59
Average Age
  • The average tenure for the Mitsui board of directors is less than 3 years, this suggests a new board.
Board of Directors

Masami Iijima

TITLE
Chairman of the Board
COMPENSATION
¥137M
AGE
69
TENURE
4.6 yrs

Tatsuo Yasunaga

TITLE
President & CEO & Representative Director
COMPENSATION
¥203M
AGE
59
TENURE
4.4 yrs

Takakazu Uchida

TITLE
CFO, Senior Executive Managing Officer & Representative Director
AGE
59
TENURE
1.4 yrs

Shinsuke Fujii

TITLE
EVP, Chief Administrative Officer; Chief Information Officer
AGE
61
TENURE
3.4 yrs

Hirotatsu Fujiwara

TITLE
Senior Executive Managing Officer
AGE
58
TENURE
0.4 yrs

Nobuaki Kitamori

TITLE
Executive VP
AGE
61
TENURE
2.4 yrs

Yukio Takebe

TITLE
Executive VP & Representative Director
AGE
59
TENURE
1.4 yrs

Kenichi Hori

TITLE
Senior Executive Managing Officer & Representative Director
AGE
57
TENURE
1.4 yrs

Yoshio Kometani

TITLE
Executive Managing Officer & Representative Director
AGE
59
TENURE
0.4 yrs

Norio Tokuda

TITLE
Assoc. Officer & Dy COO of EMEA Business Unit
TENURE
4.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Mitsui's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Mitsui has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MTS1 News

Simply Wall St News

MTS1 Company Info

Description

Mitsui & Co., Ltd. operates as a general trading company worldwide. It engages in the export, import, wholesale, and retail of steel products; steel processing; mining and sale of iron ores; and sale and trading of non-ferrous scrap, alloys, and products. The company also invests in copper, nickel, coal, power generation, cobalt smelting, gas distribution, LNG terminal, deepwater drilling, cogeneration, truck leasing, shipping, passenger transport, methanol, crop protection, phosphate rock, natural gas liquefaction, processed oil food, healthcare staffing, cyber security, and private equity businesses. It also sells plants, electric power facility, transportation, construction, mining, and peripheral equipment, as well as machine tools and plastics; designs, builds, and operates wastewater treatment plants, and container and air cargo terminals; and imports and sells automobile and auto parts, helicopter, defense, and aerospace products. In addition, the company finances automobile and motorcycle; provides auto parts logistics services; leases and manages freightcar and locomotives; operates chemical tankers; produces salt; and sells solvents and coating materials, petroleum and crude oil, agricultural, marine, energy and base metal, canned and chilled foods, juice ingredient, coffee beans and roasted coffee, food and beverages, packaging materials, groceries, and electronic devices and equipment. Further, it develops and sells IoT solutions; processes and sells woodchips; manufactures and sells clothing, industrial chemicals, fertilizers, saccharified, pharmaceuticals, feedstuff, and information and communication equipment; explores, develops, and produces oil and natural gas; offers non life and life insurance agency, warehousing, grain merchandising, water supply, and financing services; and develops, manages, sells, leases, and brokerages real estate properties. The company was founded in 1947 and is headquartered in Tokyo, Japan.

Details
Name: Mitsui & Co., Ltd.
MTS1
Exchange: DB
Founded: 1947
¥27,649,622,058
1,738,324,845
Website: http://www.mitsui.com/jp/en
Address: Mitsui & Co., Ltd.
Nippon Life Marunouchi Garden Tower,
1-3, Marunouchi 1-chome,
Tokyo,
100-8631,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 8031 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1975
OTCPK MITS.F Common Stock Pink Sheets LLC US USD 06. Jan 1975
DB MTS1 Common Stock Deutsche Boerse AG DE EUR 06. Jan 1975
OTCPK MITS.Y SPONSORED ADR Pink Sheets LLC US USD 14. Dec 1972
Number of employees
Current staff
Staff numbers
43,993
Mitsui employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/13 20:39
End of day share price update: 2019/11/13 00:00
Last estimates confirmation: 2019/10/31
Last earnings filing: 2019/11/09
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.