Mitsui & Co. Reports FY26 Profit Decline but Forecasts Strong FY27 Recovery

Mitsui & Co. (8031.T) reported a decline in its fiscal 2026 financial performance, with profit attributable to owners of the parent falling to 833.97 billion yen, a 7.4% decrease from the 900.34 billion yen recorded in the previous year. The results reflect a broader contraction in top-line performance, as revenues dropped 4.6% to 14 trillion yen, compared to 14.66 trillion yen in the prior period. Profit before income taxes also saw a dip, falling 4.2% to 1.09 trillion yen from 1.14 trillion yen a year earlier. Despite the annual contraction, the company is signaling a turnaround for the next fiscal cycle. For the year ending March 31, 2027, Mitsui expects profit attributable to owners of the parent to climb 10.3% to 920 billion yen, with earnings per share projected at 324.61 yen. To support shareholder value amid the current volatility, the company increased its full-year dividend forecast to 140 yen per share, comprising an interim and year-end dividend of 70 yen each. This represents a significant increase from the 115 yen per share distributed in fiscal 2026. Market reaction remained negative in the immediate aftermath of the report. Shares of the trading major fell approximately 3.6% in Japanese trading, sliding to 5,685.00 yen as investors weighed the previous year's decline against the optimistic forward guidance.