8058.T - Mitsubishi Corporation
| Previous Close | 2,798.50 |
| Open | 2,768.00 |
| Bid | 2,767.50 x 0 |
| Ask | 2,775.00 x 0 |
| Day's Range | 2,753.50 - 2,777.50 |
| 52 Week Range | 2,520.00 - 3,256.00 |
| Volume | 2,757,700 |
| Avg. Volume | 3,647,543 |
| Market Cap | 4.155T |
| Beta (5Y Monthly) | 0.92 |
| PE Ratio (TTM) | 8.28 |
| EPS (TTM) | 334.20 |
| Earnings Date | May 07, 2020 - May 11, 2020 |
| Forward Dividend & Yield | 136.00 (4.75%) |
| Ex-Dividend Date | Mar 30, 2020 |
| 1y Target Est | 3,774.20 |
- Moody's
South Staffordshire Water Plc -- Moody's confirms South Staffordshire Water's Baa2 rating, stable outlook
Moody's Investors Service, (Moody's) has today confirmed the Baa2 senior unsecured debt rating of South Staffordshire Water Plc (South Staffs Water). Today's rating confirmation reflects Moody's view that South Staffs Water has adequate financial flexibility to accommodate Ofwat's final determination while maintaining financial metrics in line with guidance for the current rating.
- Reuters
PRESS DIGEST- British Business - Feb. 11
The following are the top stories on the business pages of British newspapers. - The troubled FTSE 100 private hospitals group NMC Health said that its co-chairman Bavaguthu Raghuram Shetty and his advisers were in the process of a legal review to verify his total interests in the company along with those of associated family members and family holding companies. - In the first official confirmation that the government is going to impose trade barriers post-Brexit, senior British minister Michael Gove has told businesses that trade with Europe they need to prepare for "significant change" with "inevitable" border checks for "almost everybody" who imports from the EU from next year.
- Thomson Reuters StreetEvents
Edited Transcript of 8058.T earnings conference call or presentation 5-Feb-20 9:15am GMT
Q3 2020 Mitsubishi Corp Earnings Presentation
- Moody's
PHM Netherlands Midco B.V. -- Moody's affirms PHM Netherland's B3 CFR, rates acquisition financing; outlook is stable
Moody's Investors Service, ("Moody's") affirmed the B3 Corporate Family Rating and B3-PD Probability of Default Rating of PHM Netherlands Midco B.V., doing business as Loparex. Moody's also affirmed all instrument ratings and assigned a B2 rating to the $207 million EURO equivalent proposed first lien term loan, which together with a $45 million HoldCo PIK loan will be used to reinance the equity bridge that funded the purchase of Infiana Group Gmbh and to combine both companies.
- Reuters
Trading house Mitsubishi voices concern over coronavirus impact
The death toll from the outbreak in China passed 490 on Wednesday as two U.S. airlines suspended flights to Hong Kong following the first fatality there and 10 cases were confirmed on a cruise ship quarantined in Japan. "In the short term, any impact on our business in China will be limited as our business in China is relatively small," CFO Kazuyuki Masu told a news conference.
- Reuters
Cameron LNG seeks more time to build 2nd phase at Louisiana export plant
Cameron LNG asked U.S. energy regulators for a 72-month extension until May 2026 to build the second phase of the joint venture's Cameron liquefied natural gas (LNG) export plant in Louisiana. The company said in a filing with the U.S. Federal Energy Regulatory Commission on Friday that it anticipates making a final investment decision (FID) by mid 2021 to add two additional liquefaction trains. Cameron LNG said construction of the new trains would likely take up to 58 months.
- MarketWatch
Renault needs a real boss with a plan before it can sort out its Nissan alliance
The French car maker is still looking for a chief executive and a game plan to deal with its Japanese partner after former boss Carlos Ghosn was ousted a year ago.
- Moody's
South Staffordshire Water Plc -- Moody's reviews South Staffs Water's Baa2 ratings for downgrade
Moody's Investors Service (Moody's) has today placed on review for downgrade the Baa2 senior unsecured debt ratings of South Staffordshire Water Plc (South Staffs Water). The rating action follows publication by the Water Services Regulation Authority (Ofwat), the economic regulator for water companies in England and Wales, of its final determination for the forthcoming regulatory period. The determination includes a significant cut in allowed returns which, in conjunction with challenging performance targets and gaps between allowed and requested expenditure, will weigh on South Staffs Water's credit quality.
- MarketWatch
U.S. is investigating Audi, Toyota, Honda, Mitsubishi for having potentially deadly air bag inflators
The National Highway Traffic Safety Administration is investigating the four auto makers in connection with a Takata recall involving 1.4 million inflators.
- Moody's
Renault S.A. -- Moody's announces completion of a periodic review of ratings of Renault S.A.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Renault S.A. Frankfurt am Main, December 12, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Renault S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- MarketWatch
More recalls after another version of Takata air bags found to have deadly defect
A new and distinct problem has been discovered in air bags made by the now bankrupt company Takata which has led to at least one death.
- Thomson Reuters StreetEvents
Edited Transcript of 8058.T earnings conference call or presentation 8-Nov-19 5:30am GMT
Q2 2020 Mitsubishi Corp Earnings Presentation
- Moody's
Cameron LNG, LLC -- Moody's announces completion of a periodic review of ratings of Cameron LNG, LLC
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Cameron LNG, LLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- Reuters
Japan's Mitsubishi beats Shell to buy Dutch power firm Eneco
A group led by Japan's Mitsubishi Corp will buy Eneco in a deal valuing the Dutch energy firm at 4.1 billion euros ($4.52 billion), Eneco said on Monday, beating off rival bids from Shell and private equity firm KKR. Eneco, a company owned by 44 Dutch municipalities and with a strong focus on renewable energy, said it had been swayed by Mitsubishi's plans to allow the company to continue its strategy and retain its corporate identity. The deal, backed by Eneco's boards and a committee representing shareholders, must still be approved early next year by the Dutch company's municipal investors.
- Reuters
UPDATE 3-Japan's Mitsubishi beats Shell to buy Dutch power firm Eneco
A group led by Japan's Mitsubishi Corp will buy Eneco in a deal valuing the Dutch energy firm at 4.1 billion euros ($4.52 billion), Eneco said on Monday, beating off rival bids from Shell and private equity firm KKR. Eneco, a company owned by 44 Dutch municipalities and with a strong focus on renewable energy, said it had been swayed by Mitsubishi's plans to allow the company to continue its strategy and retain its corporate identity.
- Moody's
Cameron LNG, LLC -- Moody's Assigns A3 Rating to Cameron LNG's Bond Issuance; Outlook Stable
Moody's Investors Service ("Moody's") assigned an A3 rating on up to approximately $3.0 billion in new senior secured bonds due 2039 to be issued by Cameron LNG, LLC (Cameron or Project). The bond proceeds, depending on the size of the issuance, will be used to refinance all or a portion of the debt outstanding under the Project's $2.915 billion "uncovered" senior secured credit facility due 2030 (about $2.6 billion currently outstanding), to pay transaction and swap breakage costs. With respect to the undrawn portion of the bank facility that the bonds will replace, the proceeds will also be applied to fund a portion of the Project's remaining capital costs, which together with pre-completion cash flows and the undrawn portions of a $2.5 billion direct overseas investment loan provided by the Japan Bank for International Cooperation (JBIC) and a "covered" $2.0 billion loan provided by a syndicate of commercial banks insured by Nippon Export and Investment Insurance (NEXI), will be used to complete the Project.
- Reuters
UPDATE 2-Pavilion cancels U.S. LNG cargo loading as market faces oversupply
Singaporean gas importer and marketer Pavilion Energy has taken the unusual step of cancelling the loading of a liquefied natural gas (LNG) cargo from the United States, but has agreed to pay for it, several industry sources told Reuters. The global LNG market is awash with new supply amid slowing demand in key countries such as China and Japan, leaving some traders with cargoes they have bought but are unable to resell.
- Moody's
Cameron LNG, LLC -- Moody's Affirms Cameron LNG's A3 Senior Secured Rating; Outlook Stable
Moody's Investors Service ("Moody's") affirmed the A3 rating on Cameron LNG, LLC's (Cameron or Project) $2.915 billion "uncovered" senior secured credit facility due 2030 (about $2.6 billion currently outstanding).
- Reuters
After 30 years in Singapore, oil trading losses force Mitsubishi to shut Petro-Diamond
SINGAPORE/TOKYO (Reuters) - About three years ago, Japanese oil trading firm Petro-Diamond Singapore (PDS) relocated to a bigger office in the 41-storey Millenia Tower as parent Mitsubishi Corp started combining its Tokyo trade operation with that in the city state. As its traders entertained clients in the company's pantry facing Singapore's Marina Bay, the once-conservative PDS became the global book leader for the company's crude oil and fuel trading businesses last year, tripling its profits and assets from two years ago, according to Reuters interviews with company officials, trade sources and reviews of its financial records. On Wednesday, Mitsubishi, Japan's biggest trading house by sales, said it planned to shut the 30-year-old PDS following the losses.
- Reuters
Mitsubishi to shut Singapore oil-trading unit after unauthorised losses
TOKYO/SINGAPORE (Reuters) - Mitsubishi Corp , Japan's biggest trading group, said on Wednesday it would shut its Singapore-based crude oil and fuel trading unit after revelations in September that a trader there racked up enormous unauthorised trading losses. The unit, Petro-Diamond Singapore, will lose about 34.2 billion yen (£244.24 million) before taxes after closing the unofficial trading positions. Mitsubishi, Japan's biggest trading house by sales, said in September that a trader lost $320 million in unauthorised transactions in crude oil derivatives and that the matter had been reported to the police.
- Rigzone.com
Mitsubishi to Shut Singapore Based Oil Unit
Mitsubishi Corp. will shut its Singapore-based oil unit after saying a rogue trader lost about $314 million in unauthorized transactions.
- Moody's
Empresa Electrica Cochrane SpA -- Moody's Assigns Ba1 rating to Cochrane's proposed Sr Sec Notes Issuance
Moody's Investors Service ("Moody's") assigned today a Ba1 rating to Empresa Electrica Cochrane SpA's (Cochrane, SPV or Issuer) proposed issuance of up to US$430 million of 7.5 year senior secured notes due in 2027. This is the first time Moody's assigns ratings to Cochrane. Proceeds from the secured notes will be used largely to repay Cochrane's existing project finance debt of around $864 million.
