Mitsui & Co., Ltd. ("Mitsui") resolved to repurchase its shares pursuant to Article 156 of the Companies Act of Japan, as applied pursuant to Paragraph 3, Article 165 of the Act, at the meeting of the Board of Directors held on November 5, 2025 and today announces that it has reached the upper limit of the amount set for repurchase and that it has completed the share repurchase pursuant to the resolutions above. Regarding the cancellation of treasury stock resolved by the Board of Directors in accordance with Article 178 of the said Act, the number of treasury stock to be cancelled have been finalized. Details of the above are as follows.
1. Progress of share repurchase in March 2026
(1) Class of shares repurchased
Common stock of Mitsui
(2) Number of shares repurchased
5,707,700 shares
(3) Cost of acquisition
34,069,451,039 yen
(4) Repurchase period
From March 1, 2026 to March 19, 2026
2. Cumulative total of shares repurchased by March 19, 2026 pursuant to the above-mentioned Board of Directors resolutions
(1) Class of shares repurchased
Common stock of Mitsui
(2) Number of shares repurchased
41,075,000 shares
(3) Cost of acquisition
199,999,903,991 yen
(4) Repurchase period
From November 6, 2025 to March 19, 2026
3. Details of cancellation scheduled on March 30, 2026 pursuant to the above-mentioned resolutions
(1) Class of treasury stock to be cancelled
Common stock of Mitsui
(2) Total number of treasury stock to be cancelled
41,075,000 shares (1.41% of the total number of issued shares prior to the cancellation)
(3) Number of outstanding shares after the cancellation
2,864,666,576 shares
(4) Scheduled date of cancellation
March 30, 2026
For reference: Details of November 5, 2025 Board of Directors resolutions
1. Details of resolutions regarding share repurchase
(1) Class of shares
Common stock of Mitsui
(2) Total number of common stock
Up to 80 million shares
(3) Total amount
Up to 200 billion yen
(4) Repurchase period
From November 6, 2025 to March 19, 2026
(5) Repurchase method
Auction market on Tokyo Stock Exchange
2. Details of resolutions regarding cancellation of treasury stock
(1) Class of treasury stock to be cancelled
Common stock of Mitsui
(2) Total number of treasury stock to be cancelled
All shares repurchased pursuant to "1. Details of resolutions regarding share repurchase" above (Up to 2.77% of the total number of outstanding shares prior to the cancellation)
(3) Scheduled date of cancellation
March 30, 2026
This announcement contains forward-looking statements. These forward-looking statements are based on Mitsui's current assumptions, expectations and beliefs in light of the information currently possessed by it and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, financial position or cash flows to be materially different from any future results, financial position or cash flows expressed or implied by these forward-looking statements. These risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest Annual Securities Report and Semi-annual Securities Report, and Mitsui undertakes no obligation to publicly update or revise any forward-looking statements. This announcement is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.