MITSUBISHI MATERIALS CORPORATION

5711 三菱マテリアル株式会社

Other Industrial Metals & Mining · Prime · TSE: Disclosed

PRICE: ¥4,640 · MKT CAP: ¥607.1B · P/E: 17.8x · P/B: 0.90x · DIV YIELD: 2.2%

PRICE — 5Y

Characteristics & Business Summary

Mitsubishi Materials Corporation, together with its subsidiaries, engages in the manufacture and sale of processed copper products and electronic materials, cemented carbide products, and businesses related to renewable energy in Japan. The company offers...

Income Statement Highlights (¥ Billion, except EPS/DPS in ¥)

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Net Sales	1,485	1,812	1,626	1,541	1,962
Operating Profit	27	53	50	23	37
Ordinary Profit	45	76	25	54	60
Net Profit	24	45	20	30	34
EPS	¥186	¥344	¥155	¥228	¥260
DPS	¥50	¥90	¥50	¥94	¥100

Balance Sheet & Valuation Highlights

Total Assets ¥2,375B

Net Assets (Equity) ¥693B

Equity Ratio 28.5%

ROE (Return on Equity) 5.9%

Cash & Equivalents ¥92B

Interest-Bearing Debt ¥593B

Capital Expenditure (CapEx) ¥56B

Depreciation & Amort. ¥46B

Major Shareholders

1. Japan Master Trust Bank 18.6%
2. Japan Custody Bank 5.8%
3. NORTHERN TRUST CO.（AVFC） RE SILCHESTER INTERNATIONAL INVESTORS INTERNATIONAL VALUE EQUITY TRUST 5.7%
4. NORTHERN TRUST CO.（AVFC） RE U.S. TAX EXEMPTED PENSION FUNDS 3.0%
5. BNYM AS AGT／CLTS NON TREATY JASDEC 2.5%
6. Meiji Yasuda Life Insurance 2.4%
7. NORTHERN TRUST CO.（AVFC） RE NON TREATY CLIENTS ACCOUNT 2.3%
8. NORTHERN TRUST GLOBAL SERVICES SE, LUXEMBOURG RE LUDU RE: UCITS CLIENTS 15.315 PCT NON TREATY ACCOUNT 1.8%
9. NORTHERN TRUST CO.（AVFC） RE IEDU UCITS CLIENTS NON LENDING 15 PCT TREATY ACCOUNT 1.5%
10. Nippon Life Insurance Company 1.3%

Activist Activity

Silchester International Investors LLP 5.64%

2026-06-02 · decrease

Silchester International Investors LLP 6.81%

2026-04-16 · change

Silchester International Investors LLP 7.83%

2026-02-27 · change

Silchester International Investors LLP 8.93%

2026-01-29 · change

Silchester International Investors LLP 10.15%

2026-01-14 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues per share	¥11,343	¥13,840	¥12,424	¥11,774	¥14,996
FCF/Share	¥12	¥-493	¥-195	¥-210	¥21
EPS	¥186	¥344	¥155	¥228	¥260
DPS	¥50	¥90	¥50	¥94	¥100
Capital Spending per share	¥587	¥546	¥540	¥602	¥429
Book Value per share	¥3,749	¥4,009	¥4,106	¥4,256	¥4,415
Common Shares Outstanding	131M	131M	131M	131M	131M

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues (Net Sales)	¥1,485B	¥1,812B	¥1,626B	¥1,541B	¥1,962B
Operating Margin (%)	1.8%	2.9%	3.1%	1.5%	1.9%
Net Profit (owners)	¥24B	¥45B	¥20B	¥30B	¥34B
Net Profit Margin (%)	1.6%	2.5%	1.3%	1.9%	1.7%
Working Capital	¥-381B	¥-230B	¥-147B	¥-199B	¥-218B
Total Debt (Interest-bearing)	¥569B	¥569B	¥509B	¥578B	¥593B
Net Worth (Common Equity)	¥491B	¥525B	¥537B	¥557B	¥578B
Return on Total Assets (ROA)	1.2%	2.1%	1.1%	1.4%	1.4%
Return on Common Equity (ROE)	5.0%	8.6%	3.8%	5.4%	5.9%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.