Mitsui & Co. - Wikipedia

Mitsui & Co., Ltd. (三井物産, Mitsui Bussan) is one of the largest sogo shosha (general trading companies) in Japan; it is part of the Mitsui Group, ... Mitsui&Co. FromWikipedia,thefreeencyclopedia Jumptonavigation Jumptosearch Japanesecorporation NottobeconfusedwithMitsuiGroup. Mitsui&Co.,Ltd.三井物産株式会社TypePublic(KK)TradedasTYO:8031TOPIXCore30ComponentIndustryTradingCompaniesFoundedJuly 25,1947;74yearsago (1947-07-25)FounderTakashiMasuda,TatsuzoMinakamiHeadquarters2-1,Otemachi1-chome,Chiyoda-ku,Tokyo100-8631,Japan,Tokyo,JapanAreaserved132Officesin64Countries/Regions(2020)KeypeopleTatsuoYasunaga(Chairman)KenichiHori(PresidentandCEO)ProductsIron&steelproductsMineral&metalresourcesInfrastructureprojectsChemicalsEnergyFoodProducts&ServicesConsumerServicesIT&CommunicationBusinessRevenueYen8,10,235million(2021)OperatingincomeYen450,202million(2021)NetincomeYen335,458million(2021)Numberofemployees5,676(Consolidated:45,624)(2020)Subsidiaries280Subsidiaries,234EquityAccountedInvestees(2021)Websitewww.mitsui.com Mitsui&Co.,Ltd.(三井物産,MitsuiBussan)isoneofthelargestsogoshosha(generaltradingcompanies)inJapan;itispartoftheMitsuiGroup,andItsbusinessareacoversenergy,machinery,chemicals,food,textile,logistics,finance,andmore. Contents 1History 2Businessareas 3Recentactivities 4References 5Externallinks History[edit] Formerheadquarters(demolishedin2015) Thecompanywasestablishedin1876with16membersincludingthefounder,TakashiMasuda.AsJapan'sinternationaltradingwasdominatedbyforeignerssincetheendoftheEdoperiod,itaimedtoexpandingbusinessownedbyJapanesecitizens.[clarificationneeded]BytheendofWorldWarII,itbecameadominanttradinggiant,butwasdissolvedbytheorderofGHQ.[1] ThecurrentMitsui&Co.wasestablishedin1947asDaiichiBussanKaisha,Ltd.(FirstBussanCorporationLtd).In1959,itmergedwithseveralothertradingcompaniesandchangeditsnametoMitsui&Co.,Ltd.[2] DuringJapan'speriodofrapidpostwareconomicgrowth,thefirmwasakeyplayerinseveralmajornaturalresourcesprojects.In1971,ittookastakeinanoffshoregasfieldnearDasIslandinAbuDhabi,whichsuppliesliquefiednaturalgastoJapanonanexclusivebasis;itinvestedinamajorWesternAustralianLNGprojectin1985andintheSakhalinIIprojectin1994.[2] ItssubsidiaryMitsuiOilExploration'sMOEXOffshorehada10%stakeintheDeepwaterHorizonwellintheGulfofMexicothroughasubsidiary,andinMay,2011,MOEXagreedtopayUS$1.07billiontosettleBritishPetroleumclaimsagainstitovertheexplosionandoilspillatthewell.SomeanalystshadthoughtBPwouldrealizealargersettlementfromMOEXbuttherewasalsorelieftohaveafirststeptowardresolvingthemultipleclaims.[3] BerkshireHathawayacquiredover5%ofthestockinthecompany,alongwithfourotherJapanesetradinghouses,overthe12-monthperiodendinginAugust2020.[4] Businessareas[edit] Mitsuiengagesinsixmajorbusinessareas:[5] Energy:Upstreamdevelopmentandtradinginoilandgas,thefirm's'slargestlineofbusiness,accountingforoverhalfofitsconsolidatedEBITDAandnetearningsinthefirsthalfoffiscalyear2015.[6]MitsuihastwomajorenergyprojectsintheUnitedStates,attheMarcellusShaleintheMid-AtlanticandtheEagleFordShaleinTexas.[7] Metals:Developmentandtradingwithafocusonironoreandsteel.ThisbusinessaccountsforaboutaquarterofconsolidatedEBITDAandnetearnings.[6]In2014MitsuiacquiredastakeintheMoatizecoalmineandNacalarailandportdevelopmentinMozambiquefromtheBrazilianminingcompanyVale.[8] Chemicals:basicandperformancechemicalsincludingfertilizers,electronicsmaterialsandfunctionalmaterials. MachineryandInfrastructure:Sells,financesandinvestsinlarge-scaleplants,ships,aircraft,automobilesandotherheavymachinery. Lifestyle:food,retail,healthcare,fashion,forestryandrealestate.In2014,CEOMasamiIijimaidentifiedthissegmentasanareaofparticularinterest,particularlyinrelationtoMitsui'scooperationwithLippoGroupinIndonesia.[7] InformationandCorporateDevelopment:informationtechnology,financeandlogistics. Recentactivities[edit] Thissectiondoesnotciteanysources.Pleasehelpimprovethissectionbyaddingcitationstoreliablesources.Unsourcedmaterialmaybechallengedandremoved.(July2021)(Learnhowandwhentoremovethistemplatemessage) Wastewatertreatmentserviceproject,Mexico SakhalinIILNGProject,Russia PhotovoltaicPowerProject,Catalonia,Spain AcquisitionofTaiwanTVShoppingCompany BrazilBiofuelProjectwithPetrobras BaldHillsWindFarmProject,Victoria,Australia UmmAlNarPowerandWaterProject,AbuDhabi References[edit] ^Americansasproconsuls :UnitedStatesmilitarygovernmentinGermanyandJapan,1944-1952.Wolfe,Robert,1921-.Carbondale:SouthernIllinoisUniversityPress.1984.pp. 148–149.ISBN 0809311151.OCLC 9465314.{{citebook}}:CS1maint:others(link) ^ab"History".Mitsui&Co.,Ltd.Archivedfromtheoriginalon6May2015.Retrieved5June2015. ^Kennedy,Simon(May20,2011)."BPsettleswithMitsuiarmoverMacondospill".MarketWatch.Retrieved2011-05-20. ^"WarrenBuffetttakes5%stakein5Japanesetradingcompanies".NikkeiAsianReview.2020-08-31.Retrieved2020-08-31. ^"Sixbusinessareas".Mitsui&Co.,Ltd.Archivedfromtheoriginalon19June2015.Retrieved5June2015. ^ab"ConsolidatedFinancialResults"(PDF).Mitsui&Co.6November2014.Archivedfromtheoriginal(PDF)on22January2015.Retrieved22January2015. ^abFukase,Atsuko(30January2015)."MitsuiRemainsFocusedonResources".TheWallStreetJournal.Retrieved5June2015. ^Iwata,Mari(9December2014)."MitsuitoBuyIntoSomeValeOperationsinMozambique".TheWallStreetJournal.Retrieved5June2015. Externallinks[edit] Officialwebsite CompaniesportalvteMitsuiSubsidiaries JapanSteelWorks Mitsui&Co MitsuiChemicals MitsuiEngineering&Shipbuilding MitsuiFudosan MitsuiOSKLines MitsuiSumitomoInsuranceGroup Amlin CholamandalamMSGeneralInsurance OjiPaperCompany SapporoBreweries AnchorBrewingCompany SleemanBreweries SumitomoMitsuiBankingCorporation DaiwaSecuritiesCapitalMarkets SakuraBank SMBCAviationCapital SumitomoBank SumitomoMitsuiConstruction SumitomoMitsuiTrustHoldings TokyoBroadcastingSystem Related Mitsuifamily MitsuiGoldenGloveAward MitsuiTakatoshi vteTOPIX100companiesofJapanCore30 Astellas Canon Denso FANUC Hitachi Honda JRCentral JREast JT KDDI MitsubishiCorporation MitsubishiEstate Mitsui&Co MitsuiFudosan Mizuho MUFG Murata Nissan Nomura NTT NTTDocomo Panasonic Seven&i Shin-Etsu SoftBank Sony SumitomoMitsuiFinancial Takeda TokioMarine Toyota Large70 ÆON Ajinomoto ANA AsahiBreweries AsahiKasei BandaiNamcoHoldings Bridgestone ChubuElectricPower ConcordiaFinancial Dai-ichiLife DaiichiSankyo Daikin DaitoTrustConstruction DaiwaHouse DaiwaSecurities Eisai FastRetailing EneosHoldings Fujifilm Fujitsu Hoya Inpex Isuzu Itochu JapanAirlines JRWest JFE Kao KEPCO Keyence Kirin Komatsu Kubota Kyocera Marubeni Mazda MitsubishiChemical MitsubishiElectric MitsubishiHeavyIndustries MS&AD Nidec Nintendo NittoDenko NipponSteel OnoPharmaceutical OrientalLand Orix OsakaGas OtsukaPharmaceutical Rakuten Resona Secom SekisuiHouse Shionogi Shiseido SMC SompoHoldings Subaru SumitomoCorporation SumitomoElectric SumitomoMetalMining SumitomoChemical SumitomoMitsuiTrust SumitomoRealty Suzuki T&DHoldings TokyoElectron TokyoGas Toray Toshiba Unicharm YamatoTransport vteNikkei225companiesofJapan 7&i Advantest ÆON AGC Ajinomoto Alps ANA Amada AozoraBank AsahiBreweries AsahiKasei Astellas BandaiNamcoHoldings Bridgestone Canon Casio ChibaBank Chiyoda Chuden Chugai CitizenHoldings Comsys ConcordiaFinancial CreditSaison Dai-ichiLife DaiichiSankyo Daikin DainipponScreen DainipponSumitomoPharma DaiwaHouse DaiwaSecurities Denka Denso Dentsu DNP Dowa Ebara Eisai Eneos Fanuc FastRetailing FujiElectric Fujifilm Fujikura Fujitsu FukuokaFinancial FurukawaGroup FurukawaElectric GSYuasa HeiwaRealEstate Hino Hitachi HitachiConstructionMachinery Hitz HokuetsuPaper Honda IHI INPEX Isetan-Mitsukoshi Isuzu Itochu JFE J.FrontRetailing JGC JRCentral JREast JRWest JSW JT JTEKT Kajima KEPCO Kao Kawasaki KDDI Keio Keisei Keyence Kikkoman Kirin KLine Kobelco Komatsu Konami KonicaMinolta Kubota Kuraray Kyocera KyowaHakkoKirin Marubeni MaruhaNichiro Marui MatsuiSecurities Mazda Meidensha MeijiHoldings MES Minebea MitsubishiChemical MitsubishiCorporation MitsubishiElectric MitsubishiEstate MitsubishiHeavyIndustries MitsubishiLogistics MitsubishiMaterials MitsubishiMotors Mitsui&Co MitsuiChemicals MitsuiFudosan MitsuiKinzoku MitsumiElectric Mizuho MOL MS&AD MUFG MurataManufacturing NEC Nexon NEG NGK Nichirei Nikon Nintendo NipponExpress NipponKayaku NipponLightMetal NipponHam NipponPaperIndustries NipponSoda NipponSuisan NissanMotorCompany NissanChemical NisshinSeifun NisshinSteel Nittobo NittoDenko SompoJapanNipponkoaHoldings Nomura NSG NSK NSSMC NTN NTT NTTData NYK Obayashi Odakyu OjiHoldingsCorporation OKI Okuma Olympus OsakaGas PacificMetals Panasonic Pioneer Resona Ricoh SapporoHoldings Secom SekisuiHouse Sharp Shimz Shin-Etsu ShinseiBank Shionogi Shiseido ShizuokaBank ShowaDenko ShowaShell SoftBank Sojitz Sony SubaruCorporation SUMCO SumitomoChemical SumitomoCorporation SumitomoElectric SumitomoHeavyIndustries SumitomoMetalMining SumitomoMitsuiFinancial SumitomoMitsuiTrust SumitomoOsakaCement SumitomoRealty Suzuki T&D TaiheiyoCement Taisei TaiyoYuden Takara Takashimaya Takeda TDK Teijin TEPCO Terumo Tobu Toho TohoZinc TokaiCarbon TokuyamaCorporation TokioMarine TokyoDome TokyoElectron TokyoGas TokyoTatemono Tokyu TokyuLand Toppan Toray Toshiba Tosoh Toto Toyobo Toyota ToyotaTsusho TrendMicro Ube Unitika Uny Yahoo!Japan Yamaha YamatoTransport Yasakawa YokogawaElectric 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