MITSY Mitsui & Company, Ltd. - Ads Each Representing 20 Shares of Common Stock (MM)

TOKYO (Nikkei/Dow Jones)--The president of Japanese trading company Mitsui & Co. Ltd (8031.TO) said Thursday that he still couldn't give the impact of a massive oil spill in the Gulf of Mexico on the company's earnings.

Masami Iijima made his remarks at the company's annual shareholders meeting in Tokyo. The company's unit Mitsui Oil Exploration Co. has a 10% stake in the offshore oil block from which the oil is leaking.

He also told shareholders that the company will consider a share buyback to return profits to shareholders after securing sufficient internal funds.

-By Tokyo Bureau, Dow Jones Newswires; 813-6269-2770