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 2022	JPY	USD
Revenue	1,269.31B	11,295.53M
Gross Profit	151,905M	1,351.79M
Operating income	55,006M	489.49M
Income before tax	732,993M	6,522.87M
Net income	708,819M	6,307.75M
EBITDA	141,630M	1,260.35M
Diluted EPS	1,960.97	17.45
Dividends Per Share	399.99	3.55
Total Assets	2,686.70B	22,135.53M
Total liabilities	1,351.83B	11,137.64M
Total equity	1,275.35B	10,507.53M
Operating cash flow	307,637M	2,737.64M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	1,652.39B	1,234.07B	1,155.40B	991,426M	1,269.31B
Gross Profit	138,657M	139,162M	119,633M	80,371M	151,905M
Operating income	22,585M	37,606M	23,755M	-13,490M	55,006M
Income before tax	-28,709M	46,778M	47,130M	100,313M	732,993M
Net income	-47,379M	26,875M	32,624M	90,052M	708,819M
EBITDA	109,396M	127,886M	111,692M	72,308M	141,630M
Diluted EPS	-132.05	72.36	87.84	250.21	1,960.97
Dividends Per Share	6.66	15	21.66	50	399.99
Total Assets	2,225.09B	2,134.47B	2,098.71B	2,095.55B	2,686.70B
Total liabilities	1,597.04B	1,482.86B	1,457.47B	1,396.40B	1,351.83B
Total equity	513,268M	526,868M	514,982M	579,130M	1,275.35B
Operating cash flow	98,380M	55,248M	100,723M	98,898M	307,637M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	14,908.93M	11,128.37M	10,626.77M	9,348.01M	11,295.53M
Gross Profit	1,251.05M	1,254.90M	1,100.31M	757.80M	1,351.79M
Operating income	203.77M	339.11M	218.48M	-127.19M	489.49M
Income before tax	-259.03M	421.82M	433.47M	945.83M	6,522.87M
Net income	-427.48M	242.34M	300.05M	849.08M	6,307.75M
EBITDA	987.03M	1,153.22M	1,027.28M	681.78M	1,260.35M
Diluted EPS	-1.19	0.65	0.80	2.35	17.45
Dividends Per Share	0.06	0.13	0.19	0.47	3.55
Total Assets	20,922.38M	19,284.24M	19,440.66M	18,964.33M	22,135.53M
Total liabilities	15,016.89M	13,397.17M	13,500.79M	12,637.14M	11,137.64M
Total equity	4,826.21M	4,760.06M	4,770.33M	5,240.99M	10,507.53M
Operating cash flow	887.64M	498.20M	926.39M	932.49M	2,737.64M

Valuation Measures

Mar 2022
PER	1.73
ROA	29.64%
ROE	76.44%
Operating margin	4.33%
Profit margin	55.84%

Key executives

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

Shareholders

BlackRock Fund Advisors (4.3%)
Nomura Asset Management Co., Ltd. (4.1%)
Asset Management One Co., Ltd. (3.4%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
Nikko Asset Management Co., Ltd. (2.7%)
Sumitomo Mitsui Financial Group, Inc. (2.4%)
The Vanguard Group, Inc. (2.4%)
BlackRock Japan Co., Ltd. (1.9%)
Daiwa Asset Management Co. Ltd. (1.8%)
Sumitomo Mitsui DS Asset Management Co., Ltd. (1.5%)

Contact Details

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

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Competitors

HMM CO.,LTD
Qatar Gas Transport Co.
Grupo TMM SAB Class A
Evergreen Marine Corp. (Taiwan) Ltd.
Leo Global Logistics Public Co Limited
Yang Ming Marine Transport Corp.
Navios Maritime Partners LP
Wan Hai Lines Ltd.
Antong Holdings Co., Ltd. Class A

Last Updated on 23 Mar, 2023