Mitsui O.s.k.lines,ltd. · TSE:9104
Mitsui O.s.k.lines,ltd — Q3 2022 Earnings Presentation
19 slides from Mitsui O.s.k.lines,ltd's earnings presentation, Jan 31, 2023
Slide 1: Financial Highlights: The Third Quarter Ended December 31, 2022
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 Financial Highlights: The Third Quarter Ended December 31, 2022 1. Consolidated Financial Highlights ( from April 1, 2022 to December 31, 2022 ) (All financial information has been prepared in accordance with a
Slide 2: Forecast for the Fiscal Year Ending March 31, 2023
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 3. Forecast for the Fiscal Year Ending March 31, 2023 (¥Million) FY2022 Revenues 1,600,000 Operating profit 105,000 Ordinary profit 785,000 Profit attributable to owners of parent 800,000 (¥) Net income per sha
Slide 3: Business Performance
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 4. Business Performance (1) Analysis of Operating Results (¥ Billion) Nine months Year-on-year comparison / From April 1, 2021 to From April 1, 2022 to Variance December 31, 2021 December 31, 2022 Revenue 928.5
Slide 4: Dry Bulk Business and other segment conditions
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 (A) Dry Bulk Business After peaking in mid-May on the back of robust coal demand in India, Capesize bulker market rates dropped sharply until the end of August, reflecting a less tight vessel supply-demand bala
Slide 5: Terminal and Logistics, Ferries and Coastal RoRo Ships
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 <Terminal and Logistics> Container volumes in the terminal business held firm despite the ease of congestion at terminals in the U.S. from the summer. Meanwhile, the logistics business was affected by the decli
Slide 6: Outlook for FY2022
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 (2) Outlook for FY2022 (¥ Billion) Previous outlook Current outlook (As of announcement of (As of announcement of Comparison / Variance Q2 financial results) Q3 financial results) Revenue 1,600.0 1,600.0 − / −%
Slide 7: Financial Position
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 In the terminal and logistics business, demand is likely to weaken and we anticipate a decline in container handling volumes. In the ferries and coastal RoRo ships business, demand for the transportation of pas
Slide 8: Consolidated Financial Statements: Balance Sheets
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 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 9: Consolidated Balance Sheets: Liabilities and Net Assets
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 (¥Million) As of March 31, 2022 As of December 31, 2022 Liabilities Current liabilities Trade payables 96,034 121,063 Short-term bonds 23,700 25,000 Short-term bank loans 192,170 335,956 Commercial papers 8,000
Slide 10: Consolidated Statements of Income
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 (2) Consolidated Statements of Income (¥Million) FY2021 FY2022 (Apr. 1, 2021 - Dec. 31, 2021) (Apr. 1, 2022 - Dec. 31, 2022) Shipping and other revenues 928,500 1,257,968 Shipping and other expenses 818,557 1,0
Slide 11: Consolidated Statements of Comprehensive Income
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 (3) Consolidated Statements of Comprehensive Income (¥Million) FY2021 FY2022 (Apr. 1, 2021 - Dec. 31, 2021) (Apr. 1, 2022 - Dec. 31, 2022) Net income 492,188 725,611 Other comprehensive income Unrealized holdin
Slide 12: Notes on Shareholders' Capital and Accounting Changes
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 [NOTE] (Notes in the Event of Significant Changes in Shareholders’ Capital) Since the balance of capital surplus turned negative at the end of the third Quarter of the fiscal year due to additional purchase of
Slide 13: Additional Information: Share Transfer of Subsidiary
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 (Additional Information) (Change to Consolidated Subsidiary Company (Share Transfer)) With respect to Share Transfer of INTERNATIONAL TRANSPORTATION INC. (hereinafter referred to as “ITI”), which is our consoli
Slide 14: Share Transfer Schedule
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 2. Schedule (1) Execution date of share transfer agreement (Share November 11, 2022 Transfer 1) (2) Execution date of share transfer agreement (Share December 27, 2022 Transfer 2) (3) Implementation date of Sha
Slide 15: Segment Information
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 (4) Segment Information Business segment information: (￥Million) Reportable Segment Product Transport Business Car Carriers, Adjust- Consoli- Q3/ FY2021 Terminal and Others Real Total ment dated (Apr. 1 - Dec.
Slide 16: Segment Information Notes
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 * 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 17: Supplement: Review of Quarterly Results
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 [ 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] 374,783 446,554 436,631 Operating profit (loss) 23,597 32,490 40,
Slide 18: Depreciation, Interest-bearing Debt, Fleet Capacity
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 2. Depreciation and Amortization (￥ Millions) Nine months ended Nine months ended Increase / Decrease FY2021 Dec.31, 2021 Dec.31, 2022 Vessels 46,612 52,494 5,881 62,902 Others 17,556 20,312 2,756 23,496 Total
Slide 19: Market Information
(Unaudited translation of "Kessan Tanshin", provided for reference only) January 31, 2023 7．Market Information (1) Dry Bulker Market (Baltic Dry Index) (Index: January 1985 = 1,000) Source : Clarkson Research 6,000 5,500 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 2021/1 2021/4 2021/