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Gate 2 Strategic Edge

Track Record of Challenge & Innovation

CORE BUSINESSES

Mineral & Metal Resources
  • 1963

    Participated in the development of the Moura coal mine in Australia (currently the Dawson coal mine)

  • 1965

    Participated in the Robe River iron ore mine in Australia

  • 1966

    Concluded long-term purchase agreement on iron ore from Mount Newman in Australia

  • 1967

    Established an iron ore joint venture business with BHP in Australia

  • 1970

    Established Mitsui Iron Ore Development (MIOD) in Australia (Robe River iron ore joint venture)

  • 1996

    Participated in Collahuasi copper mine in Chile

  • 2002

    Participated in Coral Bay nickel mine in the Philippines

  • 2003

    Participated in Valepar S.A., the holding company of Vale S.A., the Brazilian diversified resource development company

  • 2007

    Participated in Sims Metal Management Limited, a metal and electronics recycler in Australia

  • 2010

    Participated in Caserones copper mine and molybdenum mineral deposit development project in Chile Participated in Taganito nickel mine in the Philippines

  • 2012

    Sealed a strategic alliance with Corporación Nacional del Cobre de Chile and jointly participated in Anglo American Sur S.A.

  • 2013

    Acquired interest in the Jimblebar iron ore mine in Western Australia

  • 2015

    Completed second phase of expansion of Robe River JV mine and port

  • 2017

    Participated in Moatize coal mine and the Nacala rail and port infrastructure project in Mozambique

  • 2018

    Decided to develop South Flank iron ore mine in Australia as well as new iron ore deposits through Robe River JV

  • 2019

    Acquired interest in Grosvenor coal mine in Australia

Energy
  • 1969

    Established Mitsui Oil Exploration Co., Ltd.

  • 1971

    Signed a basic contract for the development of an LNG facility on Das Island in Abu Dhabi

  • 1985

    Participated in Western Australia LNG project

  • 1989

    Participated in Qatar LNG project

  • 1994

    Signed development contracts for the Sakhalin II petroleum and natural gas projects

  • 2008

    Acquired partial interest in Mozambique’s Area 1 project

  • 2010

    Acquired working interest in shale gas in the Marcellus area in the U.S.

  • 2010

    Discovered world-class gas field in Mozambique’s Area 1 project

  • 2011

    Acquired working interest in shale oil in Eagle Ford area in the U.S.

  • 2013

    Acquired interest in Tempa Rossa onshore oil field in Italy Entered into natural gas liquefaction tolling agreement and joint venture agreement for the Cameron LNG project in the U.S.

  • 2016

    Acquired working interest in Kipper gas and condensate field in Australia
    Made final investment decision for Greater Enfield oil field development project in Australia
    Acquired stakes in Kaikias oil and gas development project in the Gulf of Mexico

  • 2018

    Acquired AWE Limited, an oil and gas company in Australia

  • 2019

    Made final investment decision for the Mozambique LNG project
    Participated in Arctic LNG 2 project in Russia, made final investment decision
    Commenced production at Greater Enfield project in Australia

  • 2020

    Commenced production at Tempa Rossa oil field in Italy

Machinery & Infrastructure
  • 1960s

    Supported the overseas development and export sale of Japanese products such as steel products, machinery, and chemicals

  • 1994

    Established P.T. PAITON ENERGY, an electric power company in Indonesia

  • 2001

    Participated in Penske Automotive Group, a major automobile retailer in the U.S.

  • 2004

    Jointly acquired 13 power generating assets with International Power (currently ENGIE)

  • 2005

    Commenced charter for first FPSO

  • 2006

    Acquired gas distribution business in Brazil
    Invested in Thai Tap Water Supply Public Company Limited, a water supply company in Thailand

  • 2014

    Invested in cogeneration power projects in Thailand
    Signed time charter parties for LNG ships for the Cameron LNG project
    Invested in VLI S.A., a Brazilian integrated logistics company, owned and operated by Vale S.A.

  • 2015

    Acquired shares in Petrobras Gás S.A. in Brazil, thereby expanding the gas distribution business in the country
    Participated in Penske Truck Leasing, Co., L.P., one of the largest truck leasing firms in the U.S.

  • 2017

    Sold interest in First Hydro, a pumped-storage power generation business in the U.K.

  • 2018

    Decided to move forward with gas-fired power plant project in Chonburi, Thailand

  • 2019

    Invested in second major gas-fired power plant in Rayong, Thailand

Chemicals
  • 1960s

    Supported the overseas development and export sale of Japanese products such as steel products, machinery, and chemicals

  • 1972

    Established Intercontinental Terminals Company LLC, a chemical tank terminal business in the U.S.

  • 2004

    Commenced commercial production of methanol at International Methanol Company in Saudi Arabia

  • 2006

    Invested in Onslow salt field in Western Australia

  • 2008

    Established Mitsui Bussan Plastics Trade Co., Ltd. (now MITSUI & CO. PLASTICS LTD.) in merger of Mitsui Bussan Plastics Co., Ltd.,
    Mitsui Bussan Plastics Kansai Co., Ltd., and Nippon Trading Co., Ltd.
    Launched chemical tank terminal business at the Port of Antwerp in Europe

  • 2015

    Commenced commercial production of methanol at Fairway Methanol LLC in the U.S.

  • 2016

    Invested in Hexagon Composites ASA, a Norwegian CFRP pressure tank manufacturer

  • 2017

    Participated in ETG Group Limited, which trades in agricultural products and sells agricultural supplies, mainly in East Africa and
    Indian Ocean Rim regions
    Acquired Latitude® wheat seed treatment fungicide business assets from Monsanto Company in the U.S.

  • 2018

    Invested in coating manufacturing and sales business in Europe
    Participated in Adelnor, a Mexican agricultural supply company

  • 2019

    Participated in Ouro Fino Química Ltd., an agrochemical sales company in Brazil, and Belchim Crop Protection NV/SA, an agrochemical sales company in Europe

STRATEGIC FOCUS

Energy Solutions
  • 1994

    Signed development contracts for the Sakhalin II petroleum and natural gas projects

  • 2013

    Entered into natural gas liquefaction tolling agreement and joint venture agreement for the Cameron LNG project in the U.S.

  • 2014

    Invested in LanzaTech, a company that develops next-generation fuels using microorganism gas fermentation technology in the U.S.

  • 2016

    Invested in Hexagon Composites ASA, a Norwegian CFRP pressure tank manufacturer

  • 2017

    Acquired a distributed solar generation business from SunEdison, Inc. in the U.S. and integrated it with Forefront Power LLC

  • 2018

    Invested in Yushan Energy Taiwan Co., a developer of offshore wind power plants in Taiwan

  • 2019

    Made final investment decision for the Mozambique LNG project
    Made final investment decision for the Arctic LNG 2 project in Russia
    Sold interest in C2C Power wind & solar power generation portfolio in Canada
    Participated in EV Connect Inc., which operates and manages EV charging stations in the U.S.
    Business collaboration with ALL NIPPON AIRWAYS Co., Ltd. and LanzaTech Inc. for expanding the sustainable aviation fuel production and delivery business
    Participated in next-generation ethanol production project in China

Healthcare / Nutrition
  • 1976

    Established AIM SERVICES CO., LTD. with major U.S. contract food service company ARA (currently Aramark Corporation)

  • 1991

    Acquired feed additive business from Monsanto Company in the U.S., and established Novus International, Inc.

  • 2007

    Formed capital and business alliance with Sogo Medical Co., Ltd.

  • 2008

    Created the Medical Healthcare Division

  • 2010

    Participated in a pharmaceutical development support business in Asia with Parkway Group Healthcare Pte. Ltd., a company under the IHH umbrella

  • 2011

    Invested in Asia’s largest private hospital group, Integrated Healthcare Holdings SB (currently IHH Healthcare Bhd.)

  • 2016

    Acquired equity stake in DaVita Care Pte. Ltd., a dialysis clinic operator in Asia
    Invested in Asia’s largest hospital for middle-income patients, Columbia Asia Group
    Invested in PHC Holdings Corporation, a medical equipment manufacturer

  • 2017

    Acquired stake in Soda Aromatics Co., Ltd.

  • 2018

    Reinforced senior living properties business in the U.S.
    Invested in Thorne Research, Inc., a manufacturer and supplier of high-quality supplements in the U.S.

  • 2019

    Acquired additional shares of IHH Healthcare Berhad (IHH), Asia’s largest private hospital group, thereby becoming IHH’s largest shareholder
    Established healthcare fund to capture demand from the growing Chinese healthcare market
    Sold interest in Columbia Asia Healthcare, an Asian hospital group

  • 2020

    Participated in Ceva Santé Animale SA, an animal health company in France
    Becoming a subsidiary of preventative healthcare service provider, Hoken Dohjinsha

Market Asia
Enhance quality of life
  • 1960s

    Supported Japanese automakers to establish production bases in Asia

  • 1994

    Participated in sugar production company in Thailand

  • 1997

    Established PT. Bussan Auto Finance as sales and financing company for motorcycles in Indonesia

  • 2011

    Invested in Asia’s largest private hospital group, Integrated Healthcare Holdings SB (currently IHH Healthcare Bhd.)

  • 2013

    Participated in a processing plant under Minh Phu Seafood Joint Stock Company, a shrimp producer and processor in Vietnam

  • 2014

    Participated in project to construct and operate a container terminal in Indonesia

  • 2015

    Entered into contract for integrated railway systems and trackwork for underground transit system in Indonesia

  • 2016

    Participated in DaVita Care Pte. Ltd., a leading provider of dialysis services in Asia

  • 2017

    Participated in project to develop and operate a shopping center and railway station commercial complex, etc., in Taiwan

  • 2018

    Participated in FKS Food & Agri Pte Ltd., an integrated food enterprise in Southeast Asia

  • 2019

    Acquired additional shares of IHH Healthcare Berhad (IHH), Asia’s largest private hospital group, thereby becoming IHH’s largest shareholder
    Established healthcare fund to capture demand from the growing Chinese healthcare market

Create an eco-friendly society
  • 2016

    Expanded initiatives in Japan, South Korea, and China together with the Spain-based Gestamp Automoción S.A., a global leader in manufacturing automotive stamping components

  • 2018

    Invested in Yushan Energy Taiwan Co., a developer of offshore wind power plants in Taiwan

  • 2019

    Participated in a project in China which produces ethanol from flue gas

History of Mitsui

1950s

Facilitated import of daily necessities into Japan and exports after controls were lifted

  • 1947 Daiichi Bussan Kaisha, Ltd. established
  • 1959 Daiichi Bussan Kaisha, Ltd. integrated with other trading companies (Mitsui & Co.’s great amalgamation) and changed its name to Mitsui & Co., Ltd.

1960 – 1970s

In view of Japan’s high dependence on overseas sources for key materials, Mitsui invested in the development of its own sources of mineral resources and energy with the aim of ensuring their stable supply to Japan

  • 1969 Established Mitsui Oil Exploration Co., Ltd.

Supporting overseas business development of Japanese products

  • Promoted export sales of iron and steel products, machinery and chemicals, invested in overseas production and sales operations of Japanese automotive and motorcycle makers
  • Introduced overseas technologies and business models to Japan

1980 – 1990s

Further strengthened functions, including IT (information technology), FT (financial technology), and LT (logistics technology)

Accelerated the planning and development of large-scale LNG projects in accordance with efforts to diversify Japan’s energy supply sources

  • 1994 Signed development contracts for the Sakhalin II petroleum and natural gas projects

Acquired and developed large-scale businesses overseas

  • 1991 Acquired feed additive business from Monsanto Company
  • 1994 Established P.T. PAITON ENERGY, an independent power company in Indonesia

2000 –

Long-term initiatives in developing resources and energy businesses to enhance our ability to provide a sustainable supply

  • 2019 Made final investment decision for the Mozambique LNG project

Responding to new needs for enhancing industry and enriching lifestyles

  • 2011 Invested in Asia’s largest private hospital group, Integrated Healthcare Holdings SB (currently IHH Healthcare Bhd.)

Developing infrastructure businesses that contribute to nation building and industrial promotion in countries around the world

  • 2017 Invested in Moatize Coal Mine and the Nacala rail and port infrastructure project in Mozambique