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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 2021 JPYUSD
Revenue991,426M9,348.01M
Gross Profit80,371M757.80M
Operating income-13,490M-127.19M
Income before tax100,313M945.83M
Net income90,052M849.08M
EBITDA72,308M681.78M
Diluted EPS750.657.07
Dividends Per Share1501.41
Total Assets2,095.55B18,964.33M
Total liabilities1,396.40B12,637.15M
Total equity579,130M5,240.99M
Operating cash flow98,898M932.49M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,504.37B 1,652.39B 1,234.07B 1,155.40B 991,426M
Gross Profit 116,109M 138,657M 139,162M 119,633M 80,371M
Operating income 2,261M 22,585M 37,606M 23,755M -13,490M
Income before tax 23,303M -28,709M 46,778M 47,130M 100,313M
Net income 5,257M -47,379M 26,875M 32,624M 90,052M
EBITDA 89,637M 109,396M 127,886M 111,692M 72,308M
Diluted EPS 40.60 -396.16 217.08 263.54 750.65
Dividends Per Share 20 20 45 65 150
Total Assets 2,217.52B 2,225.09B 2,134.47B 2,098.71B 2,095.55B
Total liabilities 1,533.90B 1,597.04B 1,482.86B 1,457.47B 1,396.40B
Total equity 574,431M 513,268M 526,868M 514,982M 579,130M
Operating cash flow 17,623M 98,380M 55,248M 100,723M 98,898M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 13,892.39M 14,908.93M 11,128.37M 10,626.77M 9,348.01M
Gross Profit 1,072.22M 1,251.05M 1,254.90M 1,100.31M 757.80M
Operating income 20.87M 203.77M 339.11M 218.48M -127.19M
Income before tax 215.19M -259.03M 421.82M 433.47M 945.83M
Net income 48.54M -427.48M 242.34M 300.05M 849.08M
EBITDA 827.76M 987.03M 1,153.22M 1,027.28M 681.78M
Diluted EPS 0.37 -3.57 1.95 2.42 7.07
Dividends Per Share 0.18 0.18 0.40 0.59 1.41
Total Assets 19,900.63M 20,922.38M 19,284.24M 19,440.66M 18,964.33M
Total liabilities 13,765.62M 15,016.89M 13,397.17M 13,500.79M 12,637.15M
Total equity 5,155.08M 4,826.21M 4,760.06M 4,770.33M 5,240.99M
Operating cash flow 162.74M 887.64M 498.20M 926.39M 932.49M

Valuation Measures

Mar 2021
PER5.14
ROA4.29%
ROE16.46%
Operating margin-1.36%
Profit margin9.08%

Key executives

  • President, CEO & Representative Director: Takeshi Hashimoto
  • Chief Technical Officer: Yoshikazu Kawagoe
  • Representative Director & Executive Vice President: Akihiko Ono
  • Executive Officer & Head-Human Resources: Junko Moro
  • Deputy General Manager-Product Transport Sales: Pek Yang Goh

Shareholders

  • Nikko Asset Management Co., Ltd. (6.5%)
  • Nomura Asset Management Co., Ltd. (5.1%)
  • Asset Management One Co., Ltd. (4.5%)
  • Eastspring Investments (Singapore) Ltd. (3.9%)
  • Sumitomo Mitsui DS Asset Management Co., Ltd. (3.7%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.2%)
  • MS&AD Insurance Group Holdings, Inc. (2.5%)
  • Sumitomo Mitsui Financial Group, Inc. (2.4%)
  • The Vanguard Group, Inc. (2.1%)
  • Daiwa Asset Management Co. Ltd. (1.9%)

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

  • MOL (Americas) LLC
  • Utoc Transnet Corp.
  • Utoc Ryutsu Service Corp.
  • Pine Mountain Power BV
  • MOL Chemical Tankers Japan Co., Ltd.
  • MNN Holdings, Inc.
  • Coconutland Maritime, Inc.
  • Bamboo Mountain Power BV
  • MOL Canada, Inc.
  • 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
  • Nihon Tug-Boat Co., Ltd.
  • MOL Techno-Trade Ltd.

Competitors

  • Nippon Yusen Kabushiki Kaisha
  • Kawasaki Kisen Kaisha, Ltd.
  • HMM CO.,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
Last Updated on 11 May, 2021

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