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Transportation

Mitsui O.S.K. Lines, Ltd.

Business Summary

Mitsui O.S.K. Lines Ltd. engages in the provision of marine transport services. It operates through the following segments: Dry Bulk, Energy Transport, Product Transport, Associated Businesses and Others. The Dry Bulk segment includes dry bulkers, oil tankers, LNG carriers, and car carriers. The Energy Transport segment covers the tankers, steaming coal carriers, LNG carriers and offshore business. The Product Transport segment comprises of containerships, ferries and coastal RoRo ships. The Associated Businesses segment includes real estate, cruise ship, tug boats and trading. The Others segment handles the ship maneuvering, management, shipping, finance and shipbuilding. The company was founded on December 28, 1942 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue1,155.40B10,626.77M
Gross Profit119,633M1,100.31M
Operating income23,755M218.48M
Income before tax47,130M433.47M
Net income32,624M300.05M
EBITDA111,692M1,027.28M
Diluted EPS263.542.42
Dividends Per Share650.59
Total Assets2,098.71B19,440.66M
Total liabilities1,457.47B13,500.79M
Total equity514,982M4,770.33M
Operating cash flow100,723M926.39M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,712.22B 1,504.37B 1,652.39B 1,234.07B 1,155.40B
Gross Profit 117,654M 116,109M 138,657M 139,162M 119,633M
Operating income 2,180M 2,261M 22,585M 37,606M 23,755M
Income before tax -154,385M 23,303M -28,709M 46,778M 47,130M
Net income -170,447M 5,257M -47,379M 26,875M 32,624M
EBITDA 95,159M 89,637M 109,396M 127,886M 111,692M
Diluted EPS -1,425 40.60 -396.16 217.08 263.54
Dividends Per Share 50 20 20 45 65
Total Assets 2,219.58B 2,217.52B 2,225.09B 2,134.47B 2,098.71B
Total liabilities 1,572.66B 1,533.90B 1,597.04B 1,482.86B 1,457.47B
Total equity 543,632M 574,431M 513,268M 526,868M 514,982M
Operating cash flow 209,189M 17,623M 98,380M 55,248M 100,723M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 14,258.50M 13,892.39M 14,908.93M 11,128.37M 10,626.77M
Gross Profit 979.76M 1,072.22M 1,251.05M 1,254.90M 1,100.31M
Operating income 18.15M 20.87M 203.77M 339.11M 218.48M
Income before tax -1,285.63M 215.19M -259.03M 421.82M 433.47M
Net income -1,419.39M 48.54M -427.48M 242.34M 300.05M
EBITDA 792.43M 827.76M 987.03M 1,153.22M 1,027.28M
Diluted EPS -11.86 0.37 -3.57 1.95 2.42
Dividends Per Share 0.41 0.18 0.18 0.40 0.59
Total Assets 19,748.09M 19,900.63M 20,922.38M 19,284.24M 19,440.66M
Total liabilities 13,992.28M 13,765.62M 15,016.89M 13,397.17M 13,500.79M
Total equity 4,836.79M 5,155.08M 4,826.21M 4,760.06M 4,770.33M
Operating cash flow 1,742.01M 162.74M 887.64M 498.20M 926.39M

Valuation Measures

Mar 2020
PER6.40
ROA1.54%
ROE6.26%
Operating margin2.05%
Profit margin2.82%

Key executives

  • President & Representative Director: Junichiro Ikeda
  • CFO, Representative Director & Head-IR: Takashi Maruyama
  • Chief Technical Officer: Yoshikazu Kawagoe
  • Representative Director & Executive Vice President: Akihiko Ono
  • Executive Officer & Head-Human Resources: Junko Moro

Shareholders

  • Nomura Asset Management Co., Ltd. (4.8%)
  • Asset Management One Co., Ltd. (4.5%)
  • Nikko Asset Management Co., Ltd. (4.5%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.0%)
  • Sumitomo Mitsui DS Asset Management Co., Ltd. (3.9%)
  • Eastspring Investments (Singapore) Ltd. (3.9%)
  • The Vanguard Group, Inc. (2.6%)
  • MS&AD Insurance Group Holdings, Inc. (2.5%)
  • Sumitomo Mitsui Financial Group, Inc. (2.4%)
  • Daiwa Asset Management Co. Ltd. (1.7%)

Contact Details

  • Website:http://mol.co.jp
  • Address: Shosen Mitsui Building, 2-1-1 Toranomon, Tokyo, 105-8688, Japan
  • Phone: +81.3.3587.7026

Related Companies

  • Gemini LNG Shipping Ltd.
  • Mitsui Osk Lines Pension Fund
  • MOL China Co., Ltd. Guangzhou Branch
  • Mitsui O.S.K. Lines Ltd. (Philippines)
  • Mitsui O.S.K. Lines Pakistan (Pvt) Ltd.
  • MOL SI, Inc.
  • MOL Ship Tech KK
  • MOL Ship Management Co., Ltd.
  • MOL Ocean Expert Co., Ltd.
  • MOL Manning Service SA
  • MOL FG, Inc.
  • MOL Engineering Co., Ltd.
  • MOL Adjustment Ltd.
  • MOL Accounting Co., Ltd.
  • MOL (Americas) Holdings, Inc.
  • Mitsui Kinkai Kisen Co., Ltd.
  • Linkman Holdings, Inc.
  • Ube Port Service Co., Ltd.
  • Tokai Tugboat KK
  • Tanshin Building Service Co., Ltd.
  • Nihon Tug-Boat Co., Ltd.
  • MOL Techno-Trade Ltd.
  • MOL Kaiji Co., Ltd.
  • Kosan Kanri Service-West Co., Ltd.
  • Kobe Towing Co., Ltd.
  • Kitanihon Tug-boat Co., Ltd.
  • Jentower Ltd.
  • Japan Hydrographic Charts & Publications Co., Ltd.
  • Ikuta & Marine Co., Ltd.
  • Hokuso Kohatsu KK

Competitors

  • Nippon Yusen Kabushiki Kaisha
  • Kawasaki Kisen Kaisha, Ltd.
  • A.P. Moller - Maersk A/S Class B
  • Teekay Corporation
  • Hoegh LNG Holdings Ltd.
  • Navios Maritime Holdings Inc.
  • Evergreen Marine Corp. (Taiwan) Ltd.
  • Grupo TMM SAB Class A
  • Matson, Inc.
  • COSCO SHIPPING Holdings Co., Ltd. Class H
  • Navios Maritime Partners LP
  • Hoegh LNG Partners LP
  • KNOT Offshore Partners LP
  • Triton International Ltd. Class A
Last Updated on 11 Aug, 2020

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