Mitsui O.s.k.lines,ltd. · TSE:9104
Mitsui O.s.k.lines,ltd — Q2 2022 Earnings Presentation
18 slides from Mitsui O.s.k.lines,ltd's earnings presentation, Oct 31, 2022
Slide 1: Financial Highlights: The Second Quarter Ended September 30, 2022
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 Financial Highlights: The Second Quarter Ended September 30, 2022 1. Consolidated Financial Highlights ( from April 1, 2022 to September 30, 2022 ) (All financial information has been prepared in accordance wit
Slide 2: Forecast for the Fiscal Year Ending March 31, 2023
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 3. Forecast for the Fiscal Year Ending March 31, 2023 (¥Million) FY2022 Revenues 1,600,000 Operating profit 86,000 Ordinary profit 800,000 Profit attributable to owners of parent 790,000 (¥) Net income per shar
Slide 3: Business Performance
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 4. Business Performance (1) Analysis of Operating Results (¥ Billion) Six months Year-on-year comparison / From April 1, 2021 to From April 1, 2022 to Variance September 30, 2021 September 30, 2022 Revenue 597.
Slide 4: Dry Bulk Business and other segment commentary
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 (A) Dry Bulk Business The weakened sentiment due to the global economic slowdown and improved vessel capacity utilization as a result of the relaxation or removal of COVID-19 quarantine restrictions worldwide h
Slide 5: Ferries and Coastal RoRo Ships, Real Property, Associated Businesses
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 <Ferries and Coastal RoRo Ships> The number of passengers increased year on year, reflecting the capturing of demand during long holidays. The cargo transportation business also remained on the recovery path, a
Slide 6: Financial Position and Energy Business outlook
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 (B) Energy Business On the very large crude oil carrier (VLCC), although there are negative factors such as the OPEC+ oil output cuts for October and the slump in oil demand caused by fears of a global recessio
Slide 7: Consolidated Financial Statements: Balance Sheets
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 6. Consolidated Financial Statements (All financial information has been prepared in accordance with accounting principles generally accepted in Japan) (1) Consolidated Balance Sheets (¥Million) As of March 31,
Slide 8: Balance Sheets: Liabilities and Net Assets
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 (¥Million) As of March 31, 2022 As of September 30, 2022 Liabilities Current liabilities Trade payables 96,034 123,563 Short-term bonds 23,700 25,000 Short-term bank loans 192,170 380,418 Commercial papers 8,00
Slide 9: Consolidated Statements of Income
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 (2) Consolidated Statements of Income (¥Million) FY2021 FY2022 (Apr. 1, 2021 - Sep. 30, 2021) (Apr. 1, 2022 - Sep. 30, 2022) Shipping and other revenues 597,087 821,337 Shipping and other expenses 532,668 698,6
Slide 10: Consolidated Statements of Comprehensive Income
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 (3) Consolidated Statements of Comprehensive Income (¥Million) FY2021 FY2022 (Apr. 1, 2021 - Sep. 30, 2021) (Apr. 1, 2022 - Sep. 30, 2022) Net income 278,075 603,645 Other comprehensive income Unrealized holdin
Slide 11: Consolidated Statements of Cash Flows
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 (4) Consolidated Statements of Cash flows (¥Million) FY2021 FY2022 (Apr. 1, 2021 - Sep. 30, 2021) (Apr. 1, 2022 - Sep. 30, 2022) Cash flows from operating activities Income before income taxes and non-controlli
Slide 12: Cash Flows from Financing Activities
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 (¥Million) FY2021 FY2022 (Apr. 1, 2021 - Sep. 30, 2021) (Apr. 1, 2022 - Sep. 30, 2022) Cash flows from financing activities Net increase (decrease) in short-term bank loans (10,610) 187,603 Net increase (decrea
Slide 13: Notes on Shareholders' Capital and Accounting Standards
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 [NOTE] (Notes in the Event of Significant Changes in Shareholders’ Capital) Since the balance of capital surplus turned negative at the end of the second Quarter of the fiscal year due to additional purchase of
Slide 14: Segment Information
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 (5) Segment Information Business segment information: (￥Million) Reportable Segment Product Transport Business Car Carriers, Adjust- Consoli- Q2/ FY2021 Terminal and Others Real Total ment dated (Apr. 1 - Sep.
Slide 15: Segment Notes and Subsequent Events
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 * 7. We have changed the allocation of general and administrative expenses to company-wide profit and loss to appropriately reflect expenses in each segment. This new method of allocating general and administra
Slide 16: Supplement: Review of Quarterly Results
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 [ Supplement ] 1. Review of Quarterly Results <FY2022> Q1 Q2 Q3 Q4 Apr-Jun, 2022 Jul-Sep, 2022 Oct-Dec, 2022 Jan-Mar, 2023 Revenues [￥ Millions] 374,783 446,554 Operating profit (loss) 23,597 32,490 Ordinary pr
Slide 17: Depreciation, Interest-bearing Debt, Fleet Capacity
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 2. Depreciation and Amortization (￥ Millions) Six months ended Six months ended Increase / Decrease FY2021 Sep.30, 2021 Sep.30, 2022 Vessels 31,133 34,614 3,480 62,902 Others 11,662 13,100 1,438 23,496 Total 42
Slide 18: Market Information
(Unaudited translation of "Kessan Tanshin", provided for reference only) October 31, 2022 7．Market Information (1) Dry Bulker Market (Baltic Dry Index) (Index: January 1985 = 1,000) Source : Clarkson Research Monthly Average Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 2021 1,658 1,500 2,