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Mitsui O.S.K. Lines (9104) investor relations material
Mitsui O.S.K. Lines Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated revenue for FY2025 Q1–Q3 was ¥1,345.4 billion, up 2.0% year-over-year, but net income fell sharply to ¥180.5 billion, down 51.2% from the previous year.
Operating profit for Q1–Q3 was ¥102.7 billion, down 16.2% year-over-year, and ordinary profit dropped 57.1% to ¥161.4 billion.
Profitability declined mainly due to a significant drop in the containership and dry bulk businesses.
The company revised its full-year outlook upward, now expecting revenue of ¥1,830.0 billion and net income of ¥200.0 billion.
Financial highlights
Net income per share for Q3 FY2025 was ¥524.36, nearly flat year-over-year.
Total assets increased to ¥5,616.7 billion, and total net assets rose to ¥2,735.9 billion as of December 31, 2025.
Shareholders' equity ratio declined to 48.1% from 53.9% at the previous fiscal year-end.
Depreciation and amortization for the nine months ended December 31, 2025, rose to ¥118.6 billion from ¥88.7 billion year-over-year.
Interest-bearing debt increased by ¥543.9 billion to ¥2,390.7 billion as of December 31, 2025.
Outlook and guidance
Full-year revenue forecast revised upward to ¥1,830.0 billion, with net income expected at ¥200.0 billion, up ¥20.0 billion from the previous forecast.
Upward revision driven by firm energy and vehicle transport businesses, while Wellbeing & Lifestyle Business expects a decrease.
Year-end dividend maintained at ¥115 per share, total annual dividend at ¥200 per share.
Exchange rate assumptions for FY2025 are ¥148.94/US$, and bunker price assumptions are US$420/MT for HSFO and US$500/MT for VLSFO.
- TimeTickerHeadlineOpen
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