Business Description
Product Transport is the largest revenue segment, covering car carriers, ferries, coastal shipping and logistics. Energy runs LNG carriers, tankers, offshore support vessels and floating production and storage units — mostly on long-term charters to oil and gas companies and utilities, which makes it the most predictable part of the group. Dry Bulk carries iron ore, coal, grain and steel products on a mix of contracts and spot voyages. Outside shipping, MOL owns the Osaka-based office landlord Daibiru and a wellbeing-life segment that includes real estate and cruise operations.
MOL's container liner business was folded into Ocean Network Express (ONE) together with those of the two other Japanese lines and now reaches the accounts as equity income, so container-market swings arrive in a single line rather than through revenue. What is left is a barbell: long-term LNG and offshore charters at one end, spot-exposed dry bulk and car carriers at the other, with bunker prices, the yen and Chinese steel demand moving the middle. The company dates from May 1884, when Osaka Shosen Kaisha was founded to consolidate Inland Sea shipping; the present group took shape in the 1964 merger with Mitsui Steamship. The fiscal year ends in March.
Corporate Data
| Ticker | 9104 |
|---|---|
| Exchange | Tokyo Stock Exchange |
| Size Category | TOPIX Large70 |
| Market Segment | Prime Market |
| Sector | Marine Transportation |
| Head Office | 2-1-1 Toranomon, Minato-ku, Tokyo 105-8688, Japan |
| Founded | May 1, 1884 |
| Fiscal Year End | March 31 |
| Website | Official website |
Latest Coverage
- August 7, 2026 Mitsui O.S.K. Lines Q1 Adjusted Operating Profit Falls 18.8% as Hormuz Blockade Hits Car Carriers; Net Profit Reaches ¥61.1 Billion
- April 30, 2026 MOL FY26 Net Profit Halves to ¥213 Billion as Container-Shipping Bonanza Fades; Consolidates LBC Tank Terminals in Pivot to Infrastructure