Main

Japanese translation

Mitsui has been selected as "SX Stocks 2024"

May 24, 2024

Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President, and CEO: Kenichi Hori) has been selected by the Ministry of Economy, Trade and Industry (METI) and Tokyo Stock Exchange (TSE) as a newly created brand "SX (Sustainability Transformation)* Brands". The award ceremony was held in Tokyo on May 24th.

METI and TSE have started a project for selecting and awarding as SX Brands a group of progressive companies that enhance their ability to create a source of funds for growth in a sustainable manner through SX to realize the improvement of corporate value. This year, the first year, 15 companies including Mitsui have been selected for "SX Stocks 2024".

*An initiative in which a company strives to improve long-term and sustainable corporate value by synchronizing the sustainability of society with that of itself while carrying out the necessary management and business reforms to achieve such synchronization.

Evaluation in Selection

(Details are introduced in "SX Stock 2024 Report")

https://www.meti.go.jp/policy/economy/keiei_innovation/kigyoukaikei/sx2024report_english.pdf

General comment	Implementation of its strategies in many areas, such as human resource strategies, DX, and re-structuring of business portfolios, are steadily underway to determine how to actually advance the business. The company is transforming its portfolio in anticipation of global social issues, and its business portfolio and materiality are well connected.
Values and Long-term Strategies	We appreciate the alignment of the story of Transition, Creation, and Solutions with the goal of a long-term, global perspective based on sustainability. The axis around which the company's business is conducted is set.
Implementation strategy	A sufficiently viable business portfolio strategy has been developed. We commend the company for linking its global human resource strategy with business process transformation through DX and increasing its effectiveness in improving productivity.
KPI Governance	A system for setting KPIs and reviewing strategies in a flexible manner has been sufficiently established.
Substantive dialogue and engagement	The dialogue with investors is managed appropriately according to the agenda setting.

With our Medium-term Management Plan 2026 "Creating Sustainable Futures", Mitsui will lead initiatives through the entire supply chain in response to requirements from society through "Deeper Sustainability Management" as one of its Corporate Strategies.

At the ceremony on May 24, 2024 (The 2nd from the left is Sato CSO of Mitsui)

Logo of SX Stocks 2024

Mitsui’s Materiality

“Build brighter futures, everywhere” as our corporate mission, and to gain the trust and expectations of our stakeholders to realize a better tomorrow for earth and for people around the world, we have identified five material issues (“Materiality”) for Mitsui’s sustainable growth. We anticipate this particular project/ business to contribute to the realization of all five Materialities.