(RTTNews) – Japanese buying and selling and funding main Mitsui & Co., Ltd. (MITSF.PK, MITSY.PK) reported Wednesday greater first-half revenue, regardless of weak revenues. Additional, the agency raised its revenue outlook for fiscal 12 months ending March 31, 2026.
In Japan, Mitsui & Co. shares have been gaining round 4.1 % to commerce at 3,911.00 yen.
For the primary half, revenue attributable to house owners of the dad or mum was 423.73 billion yen, a development of two.9 % from the earlier 12 months’s 411.79 billion yen. Earnings per share have been 147.29 yen, greater than 138.50 yen within the prior 12 months.
Revenue earlier than revenue taxes grew 2.3 % to 546.64 billion yen from 534.25 billion yen a 12 months earlier.
Income for the interval, in the meantime, dropped 7.8 % to six.76 trillion yen from final 12 months’s 7.33 trillion yen.
Wanting forward for the total 12 months, Mitsui now expects revenue attributable to house owners of the dad or mum to be 820 billion yen or 285.24 per primary share.
The corporate beforehand anticipated revenue attributable of 770 billion yen or 267.90 per primary share.
Additional, the agency introduced a brand new repurchase program, concentrating on as much as 200 billion yen of shares to be repurchased between November 6 and March 19, 2026.
The corporate continues to venture full-year dividend for the 12 months ending March 31, 2026 to be 115 yen per share, comprising interim dividend of 55 yen and year-end dividend of 60 yen. This is a rise of 15 yen from the earlier 12 months.
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