Mitsui & Co.,ltd · TSE:8031

Mitsui & Co.,ltd — Investor Day (December 2025)

14 slides from Mitsui & Co.,ltd's investor day presentation, December 2025

  1. Slide 1: Substantial Growth Toward 2030

    Substantial Growth Toward 2030 Representative Director, President and Chief Executive Officer Kenichi Hori Copyright © MITSUI & CO., LTD. ALL RIGHTS RESERVED.

  2. Slide 2: Strengthening Base Profit through Three Initiatives

    Strengthening Base Profit through Three Initiatives MTMP * 2026 Investments Trading for growth Middle Game & Initiatives Investment Asset reconfiguration * Medium -term Management Plan Copyright © MITSUI & CO., LTD. ALL RIGHTS RESERVED. 2

  3. Slide 3: Enhancement of Base Profit Progressing as Planned

    Enhancement of Base Profit Progressing as Planned (bn JPY) Base profit Strengthening Efficiency New existing improvements, businesses businesses turnarounds + 170 + 75 + 40 + 55 Expecting to achieve target USD/JPY130 Copyright © MITSUI & CO., LTD. ALL RIGHTS RESERVED. 3

  4. Slide 4: New Investments: Earnings Contribution and Organic Growth

    New Investments Earnings Contribution and Organic Growth Investment executed, contribution to earnings started Investment executed, before contribution to earnings (as of Dec 3, 2025) Copyright © MITSUI & CO., LTD. ALL RIGHTS RESERVED. 4

  5. Slide 5: New Investments: Earnings Contribution and Organic Growth

    New Investments Earnings Contribution and Organic Growth (JPY) FY March Profit ROIC FY March USD/JPY145 2026 (Invested capital) 2031 26 bn 6.7 % 42 bn 10.2 % (390 bn ) (410 bn ) 14 bn 4.8 % 19 bn 7.0 % (290 bn ) (270 bn ) 20 bn 4.3 % 45 bn 8.7 % (470 bn ) (520 bn ) Organic Total 60 bn 5.2 % growth 1

  6. Slide 6: Large-scale Projects Will Start Generating Cash

    Large -scale Projects *1 Will Start Generating Cash FY March Wellness Ecosystem Creation FY March 2035 2031 Global Energy Transition FY March Blue Point (US: low -carbon ammonia) COCF Industrial Business Solutions (JPY) 2030 Mozambique LNG Rhodes Ridge (Australia: iron ore) 4 50 bn FY March Indonesi

  7. Slide 7: 3 Key Strategic Initiatives Toward the Next MTMP

    Toward the Next MTMP Enhanced Path to Agile 3 Key Next Level through Capital Strategic sustainable Allocation Initiatives growth Copyright © MITSUI & CO., LTD. ALL RIGHTS RESERVED. 7

  8. Slide 8: From Conviction to Expansion

    Global Diversification 3 Key Strategic Initiatives: Key Strategic Initiatives 2.0 From Conviction to Expansion Industrial Business Solutions Timeline Global Wellness Energy Ecosystem Transition Creation Copyright © MITSUI & CO., LTD. ALL RIGHTS RESERVED. 8

  9. Slide 9: Elevation of Cash Generation through Growth Drivers

    Elevation of Cash Generation through Growth Drivers Industrial Global Business Energy Solutions Transition Iron Ore and Copper Next Level Industrial Global Business Energy of COCF Solutions Transition Mobility 2030s Natural Gas/ LNG (bn JPY) Balanced and Clean growth 1,000 Molecules with various dri

  10. Slide 10: Next Level of Earnings Base, Further Enhancement of ROE

    New investments Sustainable growth for growth Organic growth Next Level of Earnings Base Further Enhancement of ROE MTMP 2026 Earnings Base Roadmap for 2030 Copyright © MITSUI & CO., LTD. ALL RIGHTS RESERVED. 10

  11. Slide 11: Capital Allocation

    Capital Allocation MTMP 2026 original plan MTMP 2026 forecast (Cumulative 3 years) (Cumulative 3 years) Cash inflows Cash inflows (tn JPY) 4.4 Against plan 3.6 +0.8 Asset COCF recycling COCF Asset recycling 2.7 0.9 2.9 +0.2 1.5 +0.6 Allocation Allocation Shareholder Management Investments returns Al

  12. Slide 12: Effect of Share Repurchases and Cancellations

    Effect of Share Repurchases and Cancellations (million shares) Outstanding shares 4,000 3,500 3,000 21 2,500 2,000 Cancellation of % of 1,500 1,000 outstanding shares 500 0 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2031 Fiscal years ending in March (tentative) Share repur

  13. Slide 13: Growth of Per Share COCF and Dividends

    Growth of Per Share COCF and Dividends (million shares) Outstanding shares COCF per share DPS * (yen) 600 4,000 3,500 5 00 3,000 400 2,500 FY March 2013 -2026 COCF per share 300 2,000 CAGR + 7% FY March 2013 -2026 Continuation of 1,500 Dividend per share progressive 200 1,000 CAGR + 14 % dividend 10

  14. Slide 14: 360° business innovation.

    360° business innovation. MITSUIECO.

Mitsui & — Investor Day (December 2025) on 6ix