OREANDA-NEWS. Mitsui & Co., Ltd announced quarterly securities report for the three-month period ended June 30, 2013.

Total revenues for the three-month period ended June 30, 2013 were 1,415.6 billion yen, an increase of 235.8 billion yen from 1,179.8 billion yen for the corresponding three-month period of the previous year.

Revenues from sales of products for the three-month period ended June 30, 2013 were 1,294.0 billion yen, an increase of 242.0 billion yen from 1,052.0 billion yen for the corresponding three-month period of the previous year, as a result of the following:
- The Energy Segment reported an increase of 67.3 billion yen. Petroleum trading operations recorded an increase of 46.2 billion yen due to the increase in trading volume, while oil and gas producing operations recorded an increase of 12.4 billion yen reflecting the depreciation of the Japanese yen.
- The Chemicals Segment reported an increase of 49.8 billion yen mainly attributable to a recovery of trading activities of petrochemical materials.
- The Americas Segment reported an increase of 37.1 billion yen. In addition to the depreciation of the Japanese yen, an increase in trading volume of grain and new contribution from Cinco Pipe And Supply, LLC (United States) affected the increase.
- The Lifestyle Segment reported an increase of 32.0 billion yen due to an increase in trading volume of grain.
- The Mineral & Metal Resources Segment reported an increase of 31.1 billion yen. Iron ore mining operations in Australia reported an increase of 17.5 billion yen due to the depreciation of the Japanese yen and an increase in sales volume shipped owing to increased capacity which was partially offset by the decline in iron ore prices.

Revenues from sales of services for the three-month period ended June 30, 2013 were 100.7 billion yen, an yen increase of 9.3 billion yen from 91.4 billion yen for the corresponding three-month period of the previous year. Revenues from other sales for the three-month period ended June 30, 2013 were 20.9 billion yen, a decline of 15.5 billion yen from 36.4 billion yen for the corresponding three-month period of the previous year. The commodity derivatives trading business at Mitsui recorded a decline in revenues from other sales corresponding to an improvement of 12.5 billion yen in the foreign exchange gains and losses posted in other expenses-net.

Net income attributable to noncontrolling interests for the three-month period ended June 30, 2013 was 5.4 billion yen, a decline of 2.1 billion yen from 7.5 billion yen for the corresponding three-month period of the previous year.

As a result, net income attributable to Mitsui & Co., Ltd. for the three-month period ended June 30, 2013 was 125.8 billion yen, an increase of 21.4 billion yen from 104.4 billion yen for the corresponding three-month period of the previous year.