Mitsui & Co.,Ltd · TSE:8031
Mitsui & Co.,Ltd — Investor Day (2023)
11 slides from Mitsui & Co.,Ltd's investor day presentation, 2023
Slide 1: Initiatives Aimed at Enhancing Base Profit
Initiatives Aimed at Enhancing Base Profit Steady Execution of Post-Merger Integrations, Turnarounds, and Exits Representative Director, Senior Executive Managing Officer CFO Tetsuya Shigeta
Slide 2: Progress of Efficiency Improvements and Turnarounds
’ 4 y Progress of Efficiency Improvements and Turnarounds coe MITSUI&CO, aaa (Bn JPY) New businesses 60 strengthening existing businesses | Efficiency improvements turnarounds J Main progress Base profit improvement in upper end of single-digit billion yen range 920 (equal to the already eliminated
Slide 3: Turnaround Example: M3K Human Capital
y ff 7 Turnaround Example coe M3K HUMAN CAPITAL erie Temporary staffing business specializing in healthcare in the US © Deterioration of performance due to environmental changes and Profit Turnaround intensified competition in 2018 details © Implementation of turnaround to make business resilient to
Slide 4: Example of Post-Merger Integration (PMI) Success
y Example of Post-Merger Integration (PMI) Success PMI overview PMI Priorities Human capital ellectual capital Reference: December 2019 release Mitsui §:Co.to Invest in European Agrochemical Company Belchim Crop Protection Certis Belchim rowing ToceTAER > MITSUI&CO, Mitsui’s stake 67.3% European che
Slide 5: Example of Beginning Post-Merger Integration (PMI) Efforts
y Example of Beginning Post-Merger Integration (PMI) Efforts coe nutrinoeva MITSUI&CO, Functional food ingredient manufacturing and sales business Project overview PMI Priorities Human capital tellectual capital Acquired 70% stake in functional food ingredient (sweeteners and preservatives) manufact
Slide 6: Further Evolution of Portfolio Management
lf Further Evolution of Portfolio Management coe MITSUI&CO, Annual portfolio management cycle Pip projects - Project selection 7 9 line (ettormulstion of plan) LAA pS Project selection End of Start of fiscal year fiscal year + Follow-up of pass planned for exit in previous F’ + Policy for asset Peta
Slide 7: Creation of Cash Inflow (1)
y 7 Creation of Cash Inflow (1) ce (n JPY) Investment Cash-In 400 300 200 100 0) FY March 2019 FY March 2020 FY March 2021 FY March 2022 FY March 2023 il Asset Recycling pure investment purposes tandstorre) l l A A . Continued reduction of listed shares Potter oc orottatlesdlan eo with diminished si
Slide 8: Creation of Cash Inflow (2)
y Creation of Cash Inflow (2) ce ney) Profit from equity accounted investees and dividends Bn JPY; 600 5-year average ; cash recovery rate 500 80% or more FY March 2019 FY March 2020 FY March 2021 FY March 2022 FY March 2023 ‘Equity accounted investment profit | ™ Dividends (C/F) from equity account
Slide 9: Improvement of Capital Efficiency through Enhancement of Base Profit
y y Improvement of Capital Efficiency through ce Enhancement of Base Profit mosureca (Tr JPY) ROE and ROIC* 12 Equity —— ROE 20% li Invested capital —e- ROIC 10 15% 8 6 Equity cost range 10% 4 Ma. 5% 2 Achievement of ROIC>WACC ty) 0% 2018 2019 2020 2021 2022 2023 2024 2025 2026 Fiscal years i , endi
Slide 10: Conclusion
y 4 Conclusion ce > MITSUI&CO, Asymmetric information Management transparency ” > —~ Capital Efficiency # |
Slide 11: 360° business innovation.
360° business innovation. MiTsUI&co.