Mitsui O.s.k.lines,ltd. · TSE:9104
Mitsui O.s.k.lines,ltd — Q3 2021 Earnings Presentation
17 slides from Mitsui O.s.k.lines,ltd's earnings presentation, Jan 31, 2022
Slide 1: Financial Highlights: The Third Quarter Ended December 31, 2021
(Unaudited translation of “Kessan Tanshin’, provided for reference only) MitsuiO.S.K. Lines,Ltd. Financial Highlights: The Third Quarter Ended December 31, 2021 January 31, 2022 1. Consolidated Financial Highlights ( from April 1, 2021 to December 31, 2021 ) (All financial information has been prepa
Slide 2: Business Performance
(Unaudited translation of ‘Kessan Tanshin’, provided for reference only) January 31, 2022 4. Business Performance (1) Analysis of Operating Results (¥ Billion) Nine months Year-on-year comparison / From April 1, 2020 to From April 1, 2021 to Variance December 31, 2020 December 31, 2021 Revenue 731.6
Slide 3: Dry Bulk and Energy and Offshore Business
(Unaudited translation of ‘Kessan Tanshin’, provided for reference only) January 31, 2022 (A) Dry Bulk Business In the Capesize bulker market, vessel supply-demand balance was tight due to factors such as strong demand for the transportation of raw materials among major natural resource companies an
Slide 4: Associated Businesses, Others and Outlook for FY2021
(Unaudited translation of ‘Kessan Tanshin’, provided for reference only) January 31, 2022 (D) Associated Businesses The real estate business consistently secured profit on par with the year-ago level, despite a fall in revenues associated with the reconstruction of some buildings held by DAIBIRU COR
Slide 5: Financial Position
(Unaudited translation of ‘Kessan Tanshin’, provided for reference only) January 31, 2022 In the car carrier business, the tendency towards a recovery in cargo volumes is expected to continue, despite concerns about the effects of COVID-19 and the semiconductor shortage on cargo movements in the sho
Slide 6: Consolidated Financial Statements: Balance Sheets
(Unaudited translation of “Kessan Tanshin’, provided for reference only) January 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 7: Consolidated Balance Sheets (Liabilities and Net Assets)
(Unaudited translation of “Kessan Tanshin’, provided for reference only) January 31, 2022 (Million) As of March 31, 2021 As of December 31, 2021 Liabilities Current liabilities Trade payables Short-term bonds Short-term bank loans Commercial papers Accrued income taxes Advances received Contract lia
Slide 8: Consolidated Statements of Income
(Unaudited translation of “Kessan Tanshin’, provided for reference only) January 31, 2022 (2) Consolidated Statements of Income (EMillion) FY2020 FY2021 (Apr. 1, 2020 - Dec.31.2020) (Apr. 1, 2021 - Dee.31,2021) Shipping and other revenues 731,684 928.500 Shipping and other expenses 669.745 818.557 G
Slide 9: Consolidated Statements of Comprehensive Income
(Unaudited translation of “Kessan Tanshin’, provided for reference only) January 31, 2022 (3) Consolidated Statements of Comprehensive Income (¥Million) FY2020 FY2021 (Apr. 1, 2020 - Dec.31, 2020) (Apr. 1, 2021- Dee.31, 2021) Net income 67,952 492.188 Other comprehensive income Unrealized holding ga
Slide 10: Notes: Changes in Accounting Standards
(Unaudited translation of ‘Kessan Tanshin’, provided for reference only) January 31, 2022 [NOTE] (Changes in Accounting Standards) (Adoption of Accounting Standard for Revenue Recognition) The Company has adopted “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020.),
Slide 11: Segment Information
(Unaudited translation of “Kessan Tanshin’, provided for reference only) January 31, 2022 (4) Segment Information Business segment information: (¥ Million) Reportable Segment Product Transport Business| - - Adjust- | Consoli- Q3/ FY2020 and Yar Canes, : Others | otal fated (Apr.1 - Dec.31, 2020) Dry
Slide 12: Material Subsequent Events: Tender Offer for Utoc
(Unaudited translation of ‘Kessan Tanshin’, provided for reference only) January 31, 2022 (Material Subsequent Events) (Tender Offer for Share Certificates, of Utoc Corporation) (1) Purpose of the Tender Offer With the aim of making Utoc Corporation (“Utoc"), a consolidated subsidiary of Mitsui O.S.
Slide 13: Tender Offers for Utoc and DAIBIRU
(Unaudited translation of ‘Kessan Tanshin’, provided for reference only) January 31, 2022 plans to acquire all of the Utoc Shares of common stock through a series of procedures (Demand for Shares Cash- Out) to make the Tender Offeror the sole shareholder of Utoc. (5) Overview of Accounting The Tende
Slide 14: DAIBIRU Tender Offer Purchase Price
(Unaudited translation of ‘Kessan Tanshin’, provided for reference only) January 31, 2022 (iv) Total Purchase Price 77,441,405,800 yen Since the Tender Offeror intends to make DAIBIRU a wholly-owned subsidiary of the Tender Offeror and was unable to acquire all of the DAIBIRU Shares of common stock
Slide 15: Supplement: Review of Quarterly Results
(Unaudited translation of “Kessan Tanshin’, provided for reference only) January 31, 2022 [ Supplement ] 1. Review of Quarterly Results <FY2021> Ql Q2 Q3 Q4 Apr-Jun, 2021 | Jul-Sep, 2021 | Oct-Dec, 2021 | Jan-Mar, 2022 Revenues [¥ Millions] 288,874 308,213 331.413 Operating profit (loss) 8.042 12,35
Slide 16: Depreciation, Interest-bearing Debt, Fleet Capacity
(Unaudited translation of “Kessan Tanshin’, provided for reference only) January 31, 2022 2. Depreciation and Amortization (¥ Millions) Nine months ended ‘Nine months ended I D Dec.31, 2020 Dec.31, 2021 / se FY2020 Vessels 47,436 46,612 (823) 61,305 Others 16,651 17,556 904 24,493 Total 64,088 64,16
Slide 17: Market Information
(Unaudited translation of “Kessan Tanshin’, provided for reference only) 7. Market Information (1) Dry Bulker Market (Baltic Dry Index) (index: January 1985 = 1,000) 6,000 5,500 53,000 4,500 4,000 3,500 3,000 2020/7 2020/10 2021/4 2o2zi/t January 31, 2022 Mar Apr_|_ May Jul Aug Oct Nov 701 461 601 6