- Mitsui & Co. reported a 3rd Quarter net income of 240.38 billion yen, surpassing estimates of 220.19 billion yen.
- The net income represents an 11% decrease compared to the same period last year.
- Net sales amounted to 3.65 trillion yen, a slight increase of 0.8% year-over-year, though below the estimated 3.83 trillion yen.
- The company maintains its full-year net income forecast at 920.00 billion yen, slightly below the market estimate of 924.12 billion yen.
- Mitsui & Co. continues to project a dividend of 100.00 yen per share, which is less than the anticipated 102.33 yen.
- Analyst recommendations include 8 buy ratings and 6 hold ratings, with no sell ratings.
Mitsui & Co Ltd on Smartkarma
Analyst coverage of Mitsui & Co Ltd on Smartkarma reveals insights from Tech Supply Chain Tracker. In a recent report on December 18, 2024, the German government’s backing of TSMC’s fab in Dresden was highlighted. This move is set to enhance semiconductor production in Europe, shaping the tech landscape. Additionally, Kaynes Semi secured an anchor customer in power electronics, solidifying its market presence. Suchi Semicon inaugurated Gujarat’s inaugural OSAT facility, a significant milestone. Moreover, Google named a new head in India to drive advancements in artificial intelligence technology.
A look at Mitsui & Co Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Looking at Mitsui & Co Ltd‘s long-term outlook, the company seems to be in a promising position based on the Smartkarma Smart Scores. With a strong focus on dividends and growth, Mitsui & Co Ltd scores well in these areas, indicating potential for steady returns and expansion. Additionally, the company’s value and momentum scores suggest a solid foundation and potential for future growth. However, its resilience score is comparatively lower, indicating a potential area for improvement in terms of managing risks and challenges.
Mitsui & Co Ltd, a general trading company, operates across various sectors such as Iron and Steel, Non-Ferrous Metals, Machinery, Chemicals, Foods, Energy, Textiles, and General Merchandise. The company also engages in real estate and overseas development projects, showcasing a diversified business portfolio. With favorable scores in dividend, growth, value, and momentum, Mitsui & Co Ltd appears to be well-positioned for long-term success, although attention towards enhancing resilience could further strengthen its overall outlook.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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