Mitsui & Co Ltd Ord (MITSF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome. We'll now begin the briefing of the financial results of the first quarter of the fiscal year ending March 31, 2026 of Mitsui & Co. Ltd. Thank you very much for taking time out of your busy schedule to join us today. Today's briefing will be a combination of Zoom webinar and online presentation for institutional investors and analysts. And Tetsuo Shigeta, CFO, and Masao Kurihara, General Manager of the Global Controller Division, will give a 10-minute presentation, and then we will answer the questions from the audience. And the presentation part will be live-streamed for individual investors to be able to watch on a real-time basis. Now please refrain from reproducing or diverting all or part of today's materials without permission. Today's meeting will be recorded and made available on demand on Mitsui's website on a later date. I would now like to introduce today's presenters. Tetsuya Shigeta, Senior Executive Managing Officer and CFO. Masao Kurihara, Managing Officer and General Manager of Global Control Division. And myself, Konishi, of the Investor Relations Department, will be the moderator. Now, I'd like to begin the presentation. Over to you, Mr. Shigeta. Good afternoon. I am Tetsuya Shigeta, CFO. Thank you for joining us today. I will begin by giving a summary of the F5 March 2026 first quarter operating results. I will then hand over to Masao Kurihara, General Manager of the Global Controller Division, who will speak on the details of our operating results. Summarizing our operating results for the quarter, Core Operating Cash Flow, or COCF, increased by 0.5 billion yen year-on-year to 216.3 billion yen as we made solid progress against the business plan. Profit declined by 84.5 billion yen year-on-year to 191.6 billion yen, mainly due to the abse...