Mitsui Sugar Profits Slip Amid Revenue Decline

Mitsui Sugar Co. reported a net profit of 4.23 billion yen for the first half of the fiscal year ending September 30, marking a contraction from the 4.73 billion yen recorded during the same period last year. The results, prepared under Japanese accounting standards, reflect a broader cooling in the company's financial performance.

October 30, 2026, 09:16 AM 819 0

Revenue for the period dropped to 86.90 billion yen, down from 90.36 billion yen a year earlier. This downward trend extended to the company’s core profitability metrics, with operating profit settling at 6.26 billion yen against the previous year's 6.32 billion yen. Pretax profit followed a similar trajectory, falling to 6.10 billion yen from 6.46 billion yen. Consequently, earnings per share for the half-year period declined to 135.85 yen, compared to 150.69 yen in 2025.

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