Mitsubishi Corporation (TYO: 8058)

Japan flag Japan · Delayed Price · Currency is JPY
2,816.00
-63.00 (-2.19%)
Sep 9, 2024, 11:35 AM JST
10.84%
Market Cap 11.39T
Revenue (ttm) 19.52T
Net Income (ttm) 1.00T
Shares Out 3.99B
EPS (ttm) 233.66
PE Ratio 12.21
Forward PE 11.62
Dividend 100.00 (3.47%)
Ex-Dividend Date Sep 27, 2024
Volume 4,717,100
Open 2,800.00
Previous Close 2,879.00
Day's Range 2,794.00 - 2,842.00
52-Week Range 2,182.33 - 3,775.00
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Nov 1, 2024

About Mitsubishi

Mitsubishi Corporation engages in the natural gas, industrial materials and infrastructure, chemicals, mineral resources, automotive and mobility, food and consumer industry, power solution, and urban development businesses worldwide. The Natural Gas segment engages in the development and production of natural gas/oil; and liquified natural gas business. Its Industrial Materials segment engages in sale, trading, investment, and development of materials, including steel products, silica sand, cement, ready-mixed concrete, carbon materials, PVC, ... [Read more]

Industry Conglomerates
Sector Industrials
Founded 1950
Employees 77,164
Stock Exchange Tokyo Stock Exchange
Ticker Symbol 8058
Full Company Profile

Financial Performance

In 2023, Mitsubishi's revenue was 19.57 trillion, a decrease of -9.29% compared to the previous year's 21.57 trillion. Earnings were 964.03 billion, a decrease of -18.35%.

Financial Statements

News

Matthews Japan Fund's Strategic Moves: A Focus on Mitsubishi Corp's Significant Portfolio Impact

Matthews Japan Fund's Strategic Moves: A Focus on Mitsubishi Corp's Significant Portfolio Impact

5 days ago - GuruFocus

Mitsubishi Corporation: A Play On Portfolio Restructuring And Energy Transition

Mitsubishi Corporation remains a Buy, considering its portfolio restructuring potential and energy transition growth driver. MSBHF aims to divest underperforming assets and improve the financial perfo...

2 months ago - Seeking Alpha

Mitsubishi Corporation (MSBHF) Q4 2023 Earnings Call Transcript

Mitsubishi Corporation (OTCPK:MSBHF) Q4 2023 Earnings Conference Call May 2, 2024 ET Company Participants Katsuya Nakanishi - President, Chief Executive Officer Yuzo Nouchi - Executive Vice President,...

4 months ago - Seeking Alpha

Mitsubishi Corporation: Valuation Re-Rating Is In Progress

Mitsubishi Corporation's proposed move to change to an Audit & Supervisory Committee governance structure is seen as a favorable move for the company's corporate governance. The company intends to inc...

4 months ago - Seeking Alpha

EIG's MidOcean Energy Announces Strategic Investment from Mitsubishi Corporation

WASHINGTON--(BUSINESS WIRE)--MidOcean Energy (“MidOcean”), a global liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastruct...

5 months ago - Business Wire

Mitsubishi, 7 others to form coalition to promote electric natural gas

Mitsubishi Corp said on Tuesday it will form an international coalition with seven other firms including TotalEnergies and Tokyo Gas to support development and production of electric natural gas (e-NG...

6 months ago - Reuters

Mitsubishi Corporation Life Sciences Published New Study regarding the Effect of Ingestion of Cysteine Peptide containing Glutathione on Skin Brightness

TOKYO--(BUSINESS WIRE)--Mitsubishi Corporation Life Sciences Limited (Head Office: Chiyoda-ku, Tokyo Japan; Koji Kishimoto, representative director and president) conducted the clinical study regardin...

6 months ago - Business Wire

Warren Buffett Was There for the Japanese Market Rally

Berkshire Hathaway holds stakes in five Japanese trading companies.

7 months ago - WSJ

Buffett's holding in Mitsubishi has its best day in eight years

Warren Buffett has done it again: Berkshire Hathaway's holding in Mitsubishi had its best single-day of gains in eight years on Wednesday.

7 months ago - Market Watch

Mitsubishi Corporation (MSBHF) Q3 2023 Earnings Call Transcript

Mitsubishi Corporation (MSBHF) Q3 2023 Earnings Call Transcript

7 months ago - Seeking Alpha

Mitsubishi sees Russia's Sakhalin LNG as key energy source for Japan

Mitsubishi Corp CEO Katsuya Nakanishi said on Tuesday that Russia's Sakhalin 2 liquefied natural gas (LNG) project remains a key source for Japan's energy supply, as Japanese companies maintain their ...

7 months ago - Reuters

Warren Buffett Steadily Increasing Stakes in 5 Japanese Companies: Sumitomo CEO

The CEO of one of Japan's largest general trading companies said Berkshire Hathaway has been increasing its interest.

8 months ago - Barrons

Mitsubishi Corp: Still Good Value Now After The Run-Up In Price?

Mitsubishi Corporation's financial report shows a reduction in revenue and net profit compared to the previous year, but are guiding on improvements in SH. The company continues to focus on shareholde...

10 months ago - Seeking Alpha

Warren Buffett's stamp of approval helps Japan's Mitsubishi shed conglomerate stigma

Warren Buffett's vote of confidence in Japanese trading houses is helping Mitsubishi Corp overcome long-held investor wariness about its complex global business that covers everything from sausages to...

10 months ago - Reuters

Mitsubishi Power Named a Sub-recipient in Two Clean Hydrogen Hubs Announced by U.S. Department of Energy

LAKE MARY, Fla.--(BUSINESS WIRE)--Mitsubishi Power named a sub-recipient in two clean hydrogen hubs announced by U.S. DOE: Pacific Northwest Hydrogen Hub and HyVelocity Hub.

11 months ago - Business Wire

Honda, Mitsubishi Corp sign pact to optimise use of EV batteries

Japanese automaker Honda Motor and trading house Mitsubishi Corp have signed a pact to explore new businesses using electric vehicle (EV) batteries, the companies said on Thursday.

11 months ago - Reuters

Mitsubishi Corporation (MSBHF) Q1 2023 Earnings Call Transcript

Mitsubishi Corporation (OTCPK:MSBHF) Q1 2023 Earnings Conference Call August 3, 2023 3:30 AM ET Company Participants Yuzo Nouchi - Chief Financial Officer Yoshihiro Shimazu - General Manager, Corporat...

1 year ago - Seeking Alpha

Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit

Japan's Mitsubishi Corp expects no operational problems at the Sakhalin-2 liquefied natural gas (LNG) project in Russia's Far East, including maintenance, even without Shell , its chief executive said...

1 year ago - Reuters

Warren Buffett Gets Chinese Assist On Big Japan Bet

Investors are said to be de-emphasizing China because of concerns over its economy, and they're turning to Japan to maintain their Asian exposure.

1 year ago - Forbes

Warren Buffett Is Betting Big On Japan, Increases Stakes In Five Trading Firms

The Oracle of Omaha has increased Berkshire's stakes in five trading firms with a view to holding the shares for the long term.

1 year ago - Forbes

Warren Buffett presses ahead with his big bet on Japan, upping his stakes in 5 trading houses

Berkshire Hathaway said Monday that it had poured more cash into Japan's five largest trading houses. The holdings of Warren Buffett's conglomerate in the stocks now average over 8.5%.

1 year ago - Business Insider

Japan Trading Houses Climb After Buffett Boosts Stakes

Five of Japan's trading houses rise after Berkshire Hathaway raised its stake in the firms to an average of over 8.5% in a move to double down on some of Warren Buffett's favorite stocks. Winnie Hsu r...

1 year ago - Bloomberg Markets and Finance

Warren Buffett doubles down on his investments in Japan

Warren Buffett continues to see long-term opportunity in Japan. On Monday, the legendary investor increased his stake in five of the country's trading firms.

1 year ago - Invezz

Warren Buffett's Berkshire Hathaway increasing stakes in Japan trading firms

Berkshire Hathaway wholly- owned subsidiary National Indemnity Company is raising its stake in five Japanese trading firms, the company announced on Monday.

1 year ago - Fox Business

Warren Buffett's Berkshire Hathaway boosts stakes again in five Japan trading companies

Berkshire Hathaway said Monday it has again boosted its stake in five Japanese trading companies that the conglomerate's storied leader Warren Buffett purchased two years ago.

1 year ago - Market Watch