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FINWIRES

Mitsui & Co's Profit Drops 7% in Fiscal Year Ended March

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-- Mitsui & Co's (TYO:8031) profit attributable to owners of the parent fell 7.4% to nearly 834 billion yen for the fiscal year ended March 31 from 900.3 billion yen a year earlier.

The diversified general trading conglomerate's earnings per share declined to 290.86 yen from 306.47 yen a year ago, according to a Tokyo bourse filing on Friday.

Revenue slipped 4.6% to nearly 14 trillion yen from 14.7 trillion yen in the prior year.

It declared a final dividend of 60 yen per share for the fiscal 2026,

For the fiscal year ending March 31, 2027, the company expects an attributable profit of 920 billion yen and EPS of 324.61 yen.

Mitsui & Co plans to pay interim and year-end dividends of 70 yen per share, each, for the year, which is higher than the amount paid in the year-ago period.

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