Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Berlin - Delayed Quote • EUR Mitsui & Co Ltd (MTS1.BE) Follow Compare 17.48 -0.98 (-5.28%) At close: 8:13:28 AM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Japanese trading house stocks climb on Buffett's comments Japanese trading house stocks gain as Berkshire Hathaway (BRK-B, BRK-A) Chairman and CEO Warren Buffett praises the firms for increasing dividends, conducting share buybacks, offering less aggressive executive pay packages compared to US companies, and their yen balance strategy. Berkshire Hathaway maintain holdings of Mitsubishi (8058.T), Marubeni (8002.T), Mitsui (8031.T), Sumitomo (8053.T), and Itochu shares (8001.T), all of which have outperformed the Nikkei 225 (^N225) in the last five year. Catch up on how Berkshire Hathaway has been adjusting its investment portfolio in recent months, including the firm's five biggest holdings. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan. Are You Looking for a Top Momentum Pick? Why Sumitomo Mitsui (SMFG) is a Great Choice Does Sumitomo Mitsui (SMFG) have what it takes to be a top stock pick for momentum investors? Let's find out. Mitsui acquires 40% stake in Australia’s Rhodes Ridge project for $5.34bn The transaction is expected to bolster Mitsui's iron ore production capacity and long-term earnings base. Mitsui to buy $5.3 billion stake in Rio Tinto iron ore project Japanese trading house Mitsui & Co said on Wednesday it would acquire a 40% stake in the Rio Tinto-operated Rhodes Ridge iron ore project in Western Australia for $5.34 billion, to strengthen its long-term earnings base. The deal, marking Mitsui's largest investment ever is a result of long-term efforts to expand its production volume of iron ore, a key growth driver, CEO Kenichi Hori said. Rhodes Ridge is one of the world's largest undeveloped deposits of the key steelmaking ingredient, with 6.8 billion metric tons of mineral resources, Mitsui said. Tokyo’s First Listing of the Year Soars in Trading Debut (Bloomberg) -- Next Generation Technology Group Inc., the first listing on the Tokyo Stock Exchange this year, jumped in its trading debut to boost expectations that sentiment may improve in Japan’s primary market for shares.Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesNYC’s Newest Transit Leader Builds a Worker-Driven StrategyNew York’s First ‘Passive House’ School Is a Model of Downtown Sumitomo Mitsui Considers Expanding Collaboration With Jefferies SMFG plans to boost its partnership with JEF to explore new business areas such as equity trading and drive growth in the Asia-Pacific region. Diatreme signs silica sand offtake MOU with Mitsui & Co The memorandum of understanding (MOU) is effective until 1 November 2025, with provisions for automatic annual renewal. Mitsui places highest bid for stake in First Quantum’s Zambian copper mines The divestment of stakes may ease First Quantum’s financial strain after the closure of its Panamanian copper mine due to protests. HOTEL THE MITSUI expands with new property in Hakone, Japan The hotel will feature 126 rooms on a site spanning more than 33 acres. Exclusive-Japan's Mitsui prepares a comeback to precious metals trading, sources say Japan's Mitsui & Co plans to re-enter global precious metals trading to hedge client risk after a nine-year absence, three sources with knowledge of the matter told Reuters. Mitsui's comeback will bring extra liquidity to the global precious metals derivatives trade, replacing those who left the sector. The company, one of Japan's top trading houses, is also getting back into precious metals in the midst of a blistering rally which has seen gold prices soar almost 30% to hit successive record highs. Are Investors Undervaluing Mitsui & Co. (MITSY) Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Are Industrial Products Stocks Lagging Mitsui & Co. (MITSY) This Year? Here is how Mitsui & Co. (MITSY) and Schneider Electric SE (SBGSY) have performed compared to their sector so far this year. All You Need to Know About Sumitomo Mitsui (SMFG) Rating Upgrade to Strong Buy Sumitomo Mitsui (SMFG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy). Best Value Stocks to Buy for September 11th QFIN, AXS, and MITSY made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 11, 2024. Japan's Mitsui to double share buyback spending to $2.8 billion Japanese trading house Mitsui said on Wednesday it decided to double its share buyback spending to up to 400 billion yen ($2.84 billion) to buy and later cancel up to 6% of its shares outstanding. Mitsui repurchased up to 2.64% of its shares worth up to 200 billion yen between May 2 and Sept. 20 and decided to spend another 200 billion yen to buy more of its stocks until Feb. 28, 2025, it said in the statement. "In line with the enhancement of stable cash generation, Mitsui plans to continuously increase the dividend," Mitsui's statement said. Best Income Stocks to Buy for September 9th DEC, AXS, and MITSY made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 9, 2024. Best Value Stocks to Buy for September 9th AXS, GIII, and MITSY made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 9, 2024. Mitsui & Co. (MITSY) Upgraded to Strong Buy: Here's What You Should Know Mitsui & Co. (MITSY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy). Best Value Stocks to Buy for September 5th ICAGY, MARUY and MITSY made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 5, 2024. Should Value Investors Buy Mitsui & Co. (MITSY) Stock? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Performance Overview Trailing total returns as of 3/4/2025, which may include dividends or other distributions. Benchmark is Nikkei 225 Return MTS1.BE Nikkei 225 YTD -11.94% -6.43% 1-Year -42.31% -6.93% 3-Year -84.72% +43.66%