Mitsui O.s.k.lines,ltd. · TSE:9104
Mitsui O.s.k.lines,ltd — Q2 2023 Earnings Presentation
19 slides from Mitsui O.s.k.lines,ltd's earnings presentation, Oct 31, 2023
Slide 1: Business Performance in FY2023-2nd Quarter
Business Performance in FY2023-2nd Quarter 2023/10/31 Mitsui O.S.K. Lines, Ltd.
Slide 2: Contents
1. FY2023-2nd Quarter Results [Consolidated] P3-4 2. FY2023-2nd Quarter Analysis [By segment] in ordinary profit/loss P5 3. Outline of FY2023-2nd Quarter Results [Consolidated] P6-7 4. FY2023 Full-year Forecast [Consolidated] P8-9 5. Key Points of FY2023 Full-year Forecast [Consolidated] P10-11 Cont
Slide 3: FY2023-2nd Quarter Results [Consolidated]
1 FY2023-2nd Quarter Results [Consolidated] *as of July 31, 2023 FY2023 Previous FY2022 1st Half Result forecast* Variance H1 YoY (￥billion) Q1 Q2 H1 FY2023 H1 Result Revenue 385.1 404.9 790.1 797.0 -6.8 821.3 -31.2 Operating profit/loss 24.4 24.8 49.3 50.0 -0.7 56.0 -6.7 Business profit/loss (*1) 5
Slide 4: FY2023-2nd Quarter Results [By segment]
1 FY2023-2nd Quarter Results [By segment] Upper Revenue (*1) Lower Ordinary profit/loss *as of July 31, 2023 FY2023 Previous FY2022 1st Half Result forecast* Variance H1 YoY (￥billion) Q1 Q2 H1 FY2023 H1 Result 95.4 94.4 189.8 190.0 -0.1 235.5 -45.6 Dry Bulk Business (excluding; Steaming Coal Carrie
Slide 5: FY2023-2nd Quarter Analysis [By segment] in ordinary profit/loss
2 FY2023-2nd Quarter Analysis [By segment] in ordinary profit/loss ＊as of July 31,2023 5
Slide 6: Outline of FY2023-2nd Quarter Results (I) [Consolidated]
3 Outline of FY2023-2nd Quarter Results(I) [Consolidated] [Overall] Revenue: A decrease of ¥6.8 billion from the previous forecast announced on July 31st. Decrease in Energy Business etc., Business profit / Ordinary profit / Net income: An increase of ¥10.3 billion / ¥19.5 billion / ¥15.7 billio
Slide 7: Outline of FY2023-2nd Quarter Results (II) [Consolidated]
3 Outline of FY2023-2nd Quarter Results(II) [Consolidated] Liquefied Gas Transport and Offshore LNG Carriers: Posted higher profit than the forecast with the generation of stable profit with the start of new contracts. FSRU: Maintained profitability in line with the forecast with the start of
Slide 8: FY2023 Full-year Forecast [Consolidated]
4 FY2023 Full-year Forecast [Consolidated] *as of July 31, 2023 1st Half 2nd Half Full-year Previous Previous Previous Result Variance Forecast Variance Forecast Variance (￥billion) Forecast* Forecast* Forecast* Revenue 790.1 797.0 -6.8 799.9 733.0 +66.8 1,590 1,530.0 +60.0 Operating profit/loss 49.
Slide 9: FY2023 Full-year Forecast [Consolidated]
4 FY2023 Full-year Forecast [Consolidated] Upper Revenue(*1) Lower Ordinary profit/loss *as of July 31, 2023 1st Half 2nd Half Full-year Previous Previous Previous Result Variance Forecast Variance Forecast Variance 1st Half 2nd Half Full-year (￥billion) Forecast* Forecast* Forecast* (cf) FY2022 Res
Slide 10: Key Points of FY2023 Full-year Forecast (I) [Consolidated]
5 Key Points of FY2023 Full-year Forecast (I) [Consolidated] [Overall] Business profit / Ordinary profit / Net income: Difference from the previous announcement on July 31st -¥10.0 billion/±¥0 billion/+¥5.0 billion. Key points:: Taking into account the current spot rate levels, making downward r
Slide 11: Key Points of FY2023 Full-year Forecast (II) [Consolidated]
5 Key Points of FY2023 Full-year Forecast (II) [Consolidated] Liquefied Gas Transport and Offshore LNG carriers: With the acquisition of new contracts, continue to maintain stable profit and secure profit in line with the previous forecast. FSRUs: Although with a slight expense increase, secur
Slide 12: (Reference) Progress of BLUE ACTION 2035 Initiatives
6 (Reference) Progress of BLUE ACTION 2035 Initiatives Strategies / Materiality Actions ・MOL to Invest in and Conclude Business Alliance Agreement with MODEC, Inc. (2023-4-28) ・Mitsui O.S.K. Lines Enters Strategic Investment Agreement with Delfin (2023-6-9) ・Mitsui O.S.K. Lines, Ltd. (MOL) makes str
Slide 13: (Reference) BLUE ACTION 2035 Core KPI FY2023 Forecast
7 (Reference) BLUE ACTION 2035 Core KPI FY2023 Forecast FY2022 FY2023 Phase 1 Phase 2 Phase 3 KPI Results Forecast FY2025 FY2030 FY2035 Profit before tax (unit: JPY) 819 bil 265 bil 240 bil 340 bil 400 bil Financial KPI Net Gearing Ratio*1 1.01 0.92 0.9~1.0 ROE 49.8% 10% 9~10% GHG emissions intensit
Slide 14: Dry Bulker Market (Spot Charter Rate) [Supplement #1]
Dry Bulker Market (Spot Charter Rate) [Supplement #1] 1. FY2022 (Result) (US$/day) FY2022 Size 1st Half 2nd Half Full-year Market for vessels operated by Apr-Sep, 2022 Oct, 2022 - Mar, 2023 Average MOL and MOL Drybulk Apr-Jun Jul-Sep Oct-Dec Jan-Mar Capesize 21,600 13,700 17,700 15,000 9,100 12,100
Slide 15: Tanker Market (Spot Earning) [Supplement #2]
Tanker Market (Spot Earning) [Supplement #2] １．FY2022 (Result) (US$/day) Vessel Type Trade FY2022 1st Half 2nd Half Full-year Market for vessels operated by Jan-Jun, 2022 Jul-Dec, 2022 Average overseas subsidiaries Jan-Mar Apr-Jun Jul-Sep Oct-Dec Crude Oil Tanker Arabian Gulf - Far East -7,300 -11,4
Slide 16: Containerized Freight Index (CCFI) [Supplement #3]
Containerized Freight Index (CCFI*) [Supplement #3] 1. FY2022 (Result) (Jan 1, 1998=1,000) FY2022 1st Half 2nd Half Full-year Trade Apr-Sep, 2022 Oct, 2022 - Mar, 2023 Average Apr-Jun Jul-Sep Oct-Dec Jan-Mar U.S. West Coast 2,502 2,331 2,416 1,079 781 930 1,673 U.S. East Coast 2,796 2,844 2,820 1,74
Slide 17: Car Carrier Loading Volume [Supplement #4]
Car Carrier Loading Volume [Supplement #4] 1. FY2022 (Result) (1,000 units) FY2022 (Percentage of voyage completion basis / 1st Half 1st Half 2nd Half 2nd Half Total including voyage charter) Q1 Q2 Q3 Q4 Total (Includes Intra-European trade) 744 777 1,521 796 802 1,597 3,118 2. FY2023 (Result & Fore
Slide 18: Fleet Composition and Real Properties [Supplement #5]
Fleet Composition and Real Properties [Supplement #5] 31-Mar, 2023 30-Sep, 2023 31-Mar, 2024 Number of ships 1,000dwt (Forecast) Capesize 80 82 15,438 85 Small and Panamax 31 45 3,701 44 Number of buildings and area owned by DAIBIRU Handymax 49 49 2,811 54 medium-sized Handysize 35 37 1,167 37 bulke
Slide 19: Mitsui O.S.K. Lines
MitsuiO.S.K.Lines