MITSUI E&S (7003) investor relations material

Management concept and vision

• Mission focuses on engineering and services for evolution and sustainability, aiming to build trust and contribute to society.

• Vision for 2030 targets a carbon-free society and solutions for depopulation, especially in the marine domain.

• Management policy emphasizes needs-oriented marketing, innovation, sound financial structure, and steady profit.

• Standards of conduct prioritize simple, unique, and practical products and services.

• Material issues include decarbonization and addressing population decline.

Rolling Vision 2026 strategy and financial targets

• RV26 sets higher sales and profit targets than RV25, aiming to outperform previous plans.

• FY2025 operating profit exceeded plan due to a strong project pipeline; FY2026 adopts a conservative outlook.

• Dividend payout ratio targeted at 30% by FY2028, with accelerated investment and early earnings reflection.

• Cash flow allocation for FY2026–2028: 70% to growth/development, 30% to shareholder returns and financial base.

• Capital expenditure and R&D investments are planned to drive core business growth.

Review of Rolling Vision 2025

• FY2025 saw strengthened foundations, with operating profit growth and ROIC exceeding WACC for two years.

• Dividend payout ratio increased, and interim dividends introduced.

• Diversity initiatives advanced, with rising female and non-Japanese employee ratios.

• CO2 emissions reduced by 810K tons, and automation targets surpassed.

• Share price and dividend per share rose, reflecting improved performance and financial discipline.