Mitsubishi Corporation

Equities

8058

JP3898400001

Diversified Industrial Goods Wholesale

Delayed Japan Exchange Other stock markets 02:00:00 2024-07-05 EDT			5-day change	1st Jan Change
3,386 ^JPY	-0.06%		+7.56%	+50.26%

07-03	Japanese Stocks Extend Winning Streak on US Fed Chair's Inflation Comments	MT
07-03	Chalice Mining Signs MoU with Mitsubishi for Western Australia Project; Shares Up 6%	MT

Mitsubishi Corp : Mitsubishi Acquires Rock Phosphate Stake in Peru

January 06, 2012 at 01:35 am

MarketScreener.com By

Mitsubishi Corporation (MC) and Indian fertilizer manufacturer, Zuari Industries Limited (Zuari) have acquired a stake in Fasfatos del Pacifico S.A. (FOSPAC) from a major Peruvian cement manufacturer, Cementos Pacasmayo S.A.A. (Pacasmayo). FOSPAC is a subsidiary company of Pacasmayo dedicated to explorations and the production of rock phosphate in Bayovar, Piura Province, Peru.

MC and Zuari have established a joint venture based in Singapore, MCA Phosphates Pte Ltd. (MCA), for MCA to acquire a 30% stake in FOSPAC. This will enable MC to hold 21% stake in FOSPAC through MCA.

At the same time, MC and FOSPAC

Latest news about Mitsubishi Corporation

Japanese Stocks Extend Winning Streak on US Fed Chair's Inflation Comments	07-03	MT
Chalice Mining Signs MoU with Mitsubishi for Western Australia Project; Shares Up 6%	07-02	MT
Australia's Chalice Mining inks deal with Mitsubishi to develop WA project	07-02	RE
Mitsubishi Files for Singapore Listing of $500 Million Worth of Bonds Due 2029	07-02	MT
Tranche Update on Mitsubishi Corporation's Equity Buyback Plan announced on February 6, 2024.	07-01	CI
Anglo American expects 30% drop at key Chile copper mine in 2025	06-18	RE
Japan's Eneos, Mitsubishi to expand alliance into hydrogen, decarbonised fuels	06-18	RE
Matsuri technologies company announced that it has received ¥1.34 billion in funding from a group of investors	06-12	CI
European shares steady after French political tremors, eyes on Fed	06-11	RE
Rio Tinto to own 73.5% of Boyne Smelters Ltd.	06-11	CF
London stocks up as labour market data shows signs of cooling	06-11	RE
Miners, financials drag Australia shares lower; US CPI, Fed policy eyed	06-10	RE
Rio Tinto to Acquire Mitsubishi's 11.65% Stake in Aluminum Smelter JV	06-10	MT
Australia's Rio Tinto to buy Mitsubishi's nearly 12% stake in Boyne Smelters	06-10	RE
Mitsubishi Corporation agreed to acquire unknown minority stake in TVS Certified Private Limited/TVS Vehicle Mobility Solution Private Limited.	06-10	CI
Rio Tinto Adds to Majority Stake in Aluminum Smelter JV	06-10	DJ
Mitsubishi Spends 72.5 Billion Yen in May Share Buyback	06-03	MT
M Cap No. 12, Co., Ltd. made an offer to acquire Nagatanien Holdings Co.,Ltd. from Mitsubishi Corporation, Eiichiro Nagatani and Taijiro Nagatani for ¥47.7 billion.	06-02	CI
MDA Space Joins Starlab Space as Strategic Partner, Equity Owner in Commercial Space Station JV	05-29	MT
Italy's Newlat Food to buy Britain's Princes for nearly $900 mln	05-27	RE
Newlat Food S.p.A. agreed to acquire Princes Limited from Mitsubishi Corporation for £700 million.	05-26	CI
Peru's 2024 copper target is realistic, mining magnates say	05-21	RE
KFC Holdings Japan receives $863 mln offer from Carlyle-backed fund	05-21	RE
Carlyle Group's Unit Purchases Japan KFC Holdings Stake From Mitsubishi Corporation	05-20	MT
KFC Holdings Japan receives tender offer from Carlyle-backed fund	05-20	RE

Chart Mitsubishi Corporation

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Company Profile

Mitsubishi Corporation is a diversified group organized around 10 sectors of activity: - manufacturing of food and consumer products (29.9% of net sales); - production of chemicals and petroleum products (19.9%): crude oil, refined products, natural gas, synthetic fiber materials, petrochemicals, fertilizers and specialty chemicals ; - production and processing of metals (12.6%): iron, steel products and non-ferrous metals; - mineral resources exploitation (16.5%); - exploration and production of natural gas (6.7%); - car manufacturing (5.3%); - production, transmission and distribution of electricity (5.3%); - construction of energy infrastructure and industrial facilities (3.3%). The group also sells construction machinery, machine tools, agricultural machinery, elevators, escalators, facility management, ships and aviation equipment; - development of real estate assets (0.4%); - other (0.1%). Net sales break down geographically as follows: Japan (51.8%), the United States (15.5%), Singapore (7%), Australia (6.2%) and other (19.5%).

Sector

Diversified Industrial Goods Wholesale

Calendar

2024-07-31 - Q1 2024 Earnings Release (Projected)

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Nikkei 225

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Ratings for Mitsubishi Corporation

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ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

3,388 JPY

Average target price

3,485 JPY

Spread / Average Target

+2.88%

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Sector Diversified Industrial Goods Wholesale

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Diversified Industrial Goods Wholesale