Mitsubishi Corporation (8058.T)
| Previous Close | 7,261.00 |
| Open | 7,338.00 |
| Bid | 7,251.00 x 0 |
| Ask | 7,256.00 x 0 |
| Day's Range | 7,229.00 - 7,402.00 |
| 52 Week Range | 3,946.00 - 7,732.00 |
| Volume | |
| Avg. Volume | 6,541,996 |
| Market Cap | 10.185T |
| Beta (5Y Monthly) | 0.70 |
| PE Ratio (TTM) | 10.87 |
| EPS (TTM) | 667.64 |
| Earnings Date | Nov 06, 2023 - Nov 10, 2023 |
| Forward Dividend & Yield | 200.00 (2.72%) |
| Ex-Dividend Date | Sept 28, 2023 |
| 1y Target Est | 8,014.20 |
- Reuters
Value overtakes growth in Japan's stock market on rising bets of BOJ policy shift
An index of Japanese value shares has surged to record highs this week as investors bet on a shift in the Bank of Japan's ultra-loose monetary policy and load up on companies with higher dividends to shield them from rising interest rates. The Topix index of value shares comprises 1,552 stocks such as steel makers, banks and automakers that offer value to investors because they pay dividends or are trading at a discount to their market worth. With gains of nearly 36% in six months, it has far outstripped the broader market and the parallel growth index which comprises companies with potential for high earnings.
- Reuters
UPDATE 2-Mitsubishi hires banks for potential five-year USD bond
Mitsubishi Corp on Monday hired Citigroup, Morgan Stanley and JPMorgan Chase & Co for a potential U.S. dollar five-year bond issue, a company spokesperson said. The company has asked the banks to arrange a series of calls with fixed income investors in Asia, Europe and the United States, the spokesperson added, declining to give any further details. The potential benchmark-sized, fixed-rate senior unsecured U.S. dollar notes will have a maturity of five years, according to a separate term sheet obtained by Reuters.
ReutersMitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit
Japan's Mitsubishi Corp expects no operational problems at the Sakhalin-2 liquefied natural gas (LNG) project in Russia's Far East, including maintenance, even without Shell, its chief executive said on Friday. "We see a low probability of significant disruption to the Sakhalin-2 operation including maintenance at the moment," CEO Katsuya Nakanishi told an annual general meeting, when asked about the impact of Shell leaving the project. Japanese trading companies Mitsubishi and Mitsui & Co retained their 22.5% combined stakes in Sakhalin-2 after the Kremlin ordered the establishment of a new local operator in retaliation for Western sanctions imposed on Moscow after it sent troops into Ukraine last year.
