Mitsui & Co stock lifts outlook after first-half profit jump
Published on 11/09/2026 at 09:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProfit growth lifts Mitsui outlook
- First-half profit attributable to owners rose 35.7 percent year over year.
- Mitsui raised its fiscal-year profit forecast to 1.05 trillion yen from 920 billion yen.
- Management targets more than 1.1 trillion yen in profit and a return on equity above 12 percent by fiscal 2028.
Mitsui & Co raised its earnings outlook after reporting a sharp increase in first-half profit for the six months ended September 30, 2026. Reuters reported on November 4 that the Japanese trading house lifted its full-year profit forecast as stronger energy and metals prices supported earnings.
Profit attributable to owners rose 35.7 percent year over year to 574.862 billion yen, according to the results cited in the report. Revenue increased 23.1 percent to 8.322 trillion yen, while profit before income taxes climbed 29.8 percent to 709.539 billion yen.
Higher forecast follows strong first half
Mitsui now expects full-year profit attributable to owners of 1.05 trillion yen for the fiscal year ending March 31, 2027. The target is 14.1 percent above the previous forecast of 920 billion yen. The company also raised its full-year profit-before-tax forecast to 1.37 trillion yen from 1.22 trillion yen.
The revised outlook gives investors a higher earnings baseline for the second half. Mitsui's results remain exposed to commodity prices, foreign-exchange movements and the performance of equity-method investments, factors that can influence the trading house's reported profit from one period to the next.
Management sets longer-term goals
Chief Executive Kenichi Hori said Mitsui aims to generate more than 1.1 trillion yen in profit and achieve a return on equity above 12 percent by fiscal 2028, Reuters reported. The company also expects its annual liquefied natural gas handling volume to rise by 3 million metric tons by 2030 from the current 12 million metric tons.
Hori said Mitsui intends to increase the volume further and indicated that total LNG volumes, including spot transactions, could reach as much as 20 million tons. The targets point to LNG and broader energy activities as important parts of Mitsui's medium-term growth plans.
Share price remains a live market indicator
Mitsui & Co stock traded at 26.95 euros on Lang & Schwarz at 09:40 CET on Monday, November 9, 2026.
Mitsui & Co at a glance
- Company: Mitsui & Co
- ISIN: JP3893600001
- Trading venue: Lang & Schwarz
- Price: 26.95 euros at 09:40 CET on November 9, 2026
- Fiscal-year profit forecast: 1.05 trillion yen
- Fiscal year: Ending March 31, 2027
Broader market sentiment remains relevant for Japanese trading houses as investors weigh commodity prices, currency movements and global growth expectations. Current market reports provide the wider market context.
More news and analyses on Mitsui & Co stock
Reuters reported the earnings outlook and management targets on November 4, 2026.
