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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 2023 JPYUSD
Gross Profit235,480M1,737.63M
Operating income105,691M779.90M
Income before tax819,160M6,044.68M
Net income796,060M5,874.22M
Diluted EPS2,196.5116.20
Dividends Per Share5604.13
Total Assets3,564.24B26,780.72M
Total liabilities1,626.62B12,221.96M
Total equity1,925.89B14,470.63M
Operating cash flow549,925M4,057.96M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 1,234.07B 1,155.40B 991,426M 1,269.31B 1,611.98B
Gross Profit 139,162M 119,633M 80,371M 151,905M 235,480M
Operating income 37,606M 23,755M -13,490M 55,006M 105,691M
Income before tax 46,778M 47,130M 100,313M 732,993M 819,160M
Net income 26,875M 32,624M 90,052M 708,819M 796,060M
EBITDA 127,886M 111,692M 72,308M 141,630M 200,738M
Diluted EPS 72.36 87.84 250.21 1,960.97 2,196.51
Dividends Per Share 15 21.66 50 399.99 560
Total Assets 2,134.47B 2,098.71B 2,095.55B 2,686.70B 3,564.24B
Total liabilities 1,482.86B 1,457.47B 1,396.40B 1,351.83B 1,626.62B
Total equity 526,868M 514,982M 579,130M 1,275.35B 1,925.89B
Operating cash flow 55,248M 100,723M 98,898M 307,637M 549,925M
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 11,128.37M 10,626.77M 9,348.01M 11,295.53M 11,895.02M
Gross Profit 1,254.90M 1,100.31M 757.80M 1,351.79M 1,737.63M
Operating income 339.11M 218.48M -127.19M 489.49M 779.90M
Income before tax 421.82M 433.47M 945.83M 6,522.87M 6,044.68M
Net income 242.34M 300.05M 849.08M 6,307.75M 5,874.22M
EBITDA 1,153.22M 1,027.28M 681.78M 1,260.35M 1,481.27M
Diluted EPS 0.65 0.80 2.35 17.45 16.20
Dividends Per Share 0.13 0.19 0.47 3.55 4.13
Total Assets 19,284.24M 19,440.66M 18,964.33M 22,135.53M 26,780.72M
Total liabilities 13,397.17M 13,500.79M 12,637.14M 11,137.64M 12,221.96M
Total equity 4,760.06M 4,770.33M 5,240.99M 10,507.53M 14,470.63M
Operating cash flow 498.20M 926.39M 932.49M 2,737.64M 4,057.96M

Valuation Measures

Mar 2023
Operating margin6.55%
Profit margin49.38%


  • President, CEO & Representative Director: Takeshi Hashimoto
  • COO, Representative Director & Executive VP: Toshiaki Tanaka
  • Chief Technical Officer: Yoshikazu Kawagoe
  • Executive Officer & Head-Human Resources: Junko Moro
  • Director: Akihiko Ono


  • BlackRock Fund Advisors (4.5%)
  • Nomura Asset Management Co., Ltd. (4.4%)
  • Asset Management One Co., Ltd. (3.4%)
  • The Vanguard Group, Inc. (3.1%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
  • Sumitomo Mitsui Financial Group, Inc. (2.4%)
  • Nikko Asset Management Co., Ltd. (2.4%)
  • BlackRock Japan Co., Ltd. (2.2%)
  • Daiwa Asset Management Co. Ltd. (1.8%)
  • Sumitomo Mitsui DS Asset Management Co., Ltd. (1.5%)

Contact Details

  • Website:
  • Address: Shosen Mitsui Building, 2-1-1 Toranomon, Tokyo, 105-8688, Japan
  • Phone: +81.3.3587.7026

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Last Updated on 22 Sep, 2023

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