Mitsui OSKLines (9104) AI Stock Analysis

• Market Cap: ¥1.69T
• Dividend Yield: 6.46%
• Average Volume (3M): 7.62M
• Price to Earnings (P/E): 3.9
• Beta (1Y): 0.57
• Revenue Growth: 9.06%
• EPS Growth: 64.14%
• Country: JP
• Employees: 9,795
• Sector: Industrials
• Sector Strength: 80
• Industry: Marine Shipping
• EPS (TTM): 1186.60
• Shares Outstanding: 362,841,030
• 10 Day Avg. Volume: 9,598,910
• 30 Day Avg. Volume: 7,620,320
• PEG Ratio: 0.06
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥6,200.61
• Price Target Upside: 32.63% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Mitsui OSK Lines exhibits strong financial performance with impressive revenue growth and profitability. However, cash flow challenges and increasing debt levels pose risks. The technical analysis indicates bearish momentum, while valuation metrics suggest the stock is undervalued and offers an attractive dividend yield. These factors combine for a moderately positive overall stock score.

Mitsui OSKLines Business Overview & Revenue Model

Company Description

Mitsui O.S.K. Lines, Ltd. engages in the marine transportation business in Japan and internationally. The company operates through Dry Bulk Business, Energy Transport Business, Product Transport Business, and Associated Businesses. Its fleet consists of dry bulk carriers for the transportation of iron ore, coal, grain, wood, wood chips, cement, fertilizer, and salt and steel products; crude oil tankers; tankers that transport refined petroleum products, such as gas oils, naphtha, and gasoline; chemical tankers that transport liquid chemical products; methanol carriers; and LPG carriers. The company's fleet also includes car carriers that transport passenger cars and construction machinery; containerships; and ferries and coastal RoRo ships. In addition, it operates container terminals; floating storage and regasification units; and floating production, storage, and offloading systems, as well as offers logistics services, such as air and ocean freight forwarding, trucking, customs clearance, warehousing, inspection, and heavyweight and oversized cargo transport, as well as buyers' consolidation. Further, the company is involved in ocean shipping related businesses comprising tugboat operation, land transport, maritime consulting, travel, office building leasing, property management, finance, trading, insurance, ICT systems, temporary staffing, supporting an oil stockpile project, nautical charts, and other businesses. As of March 31, 2021, it operated 268 dry bulkers; 280 tankers, LNG carriers, and steaming coal carriers; 60 containerships; 1 cruise ship; and 170 product transport vessels, as well as 2 other vessels. The company was founded in 1884 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Mitsui O.S.K. Lines makes money primarily through its diverse shipping operations. The company generates revenue by transporting a wide range of cargo including dry bulk, liquid bulk, and containerized goods across international waters. Key revenue streams include freight charges for transporting commodities such as coal, iron ore, crude oil, and liquefied natural gas (LNG). Additionally, MOL earns income from its logistics and terminal services, providing end-to-end supply chain solutions. Strategic partnerships and long-term contracts with major global corporations in industries such as energy and manufacturing also contribute significantly to its earnings.

Mitsui OSKLines Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
1.63T	1.61T	1.27T	991.43B	1.16T
	Gross Profit
248.95B	235.48B	151.91B	80.37B	119.63B
	EBIT
120.15B	108.71B	55.01B	-5.30B	23.78B
	EBITDA
417.02B	931.48B	831.01B	72.31B	151.62B
	Net Income Common Stockholders
261.65B	796.06B	708.82B	90.05B	32.62B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
117.92B	94.46B	100.88B	86.74B	106.28B
	Total Assets
4.12T	3.56T	2.69T	2.10T	2.10T
	Total Debt
1.29T	1.15T	999.27B	1.02T	1.09T
	Net Debt
1.17T	1.06T	899.40B	938.71B	988.54B
	Total Liabilities
1.75T	1.63T	1.35T	1.40T	1.46T
	Stockholders Equity
2.35T	1.93T	1.28T	579.13B	514.98B
Cash Flow		Free Cash Flow
-21.04B	283.39B	195.30B	-5.52B	-54.38B
	Operating Cash Flow
314.20B	549.92B	307.64B	98.90B	100.72B
	Investing Cash Flow
-355.24B	-282.00B	-107.45B	-54.66B	-107.25B
	Financing Cash Flow
49.73B	-281.71B	-191.78B	-61.70B	-728.00M

Mitsui OSKLines Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4675.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9104, the sentiment is Negative. The current price of 4675 is below the 20-day moving average (MA) of 4880.00, below the 50-day MA of 5124.56, and below the 200-day MA of 4936.33, indicating a bearish trend. The MACD of -113.95 indicates Positive momentum. The RSI at 38.79 is Neutral, neither overbought nor oversold. The STOCH value of 21.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9104.

Mitsui OSKLines Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9110	73 Outperform	¥85.78B	4.61	11.82%	6.61%	6.14%	3.53%
9104	71 Outperform	¥1.69T	3.94	16.68%	6.46%	9.06%	64.14%
9101	71 Outperform	$2.12T	4.49	16.96%	6.28%	9.34%	111.80%
9115	71 Outperform	¥20.90B	6.15		0.81%	-3.45%	-17.51%
9107	67 Neutral	$1.21T	4.16	18.65%	4.42%	13.21%	165.36%
9351	67 Neutral	¥9.80B	8.53		4.32%	-0.59%	60.77%
Sector *	64 Neutral	$4.24B	11.64	5.23%	249.83%	4.07%	-10.54%

Mitsui OSKLines Corporate Events

Mitsui O.S.K. Lines Updates on Share Repurchase Program

Mitsui O.S.K. Lines, Ltd. announced the status of its share repurchase program, which was resolved by its Board of Directors in October 2024. As of April 2025, the company repurchased approximately 16.9 million shares worth JPY 87.6 billion, with the repurchase period extending until October 2025. This strategic move aims to enhance shareholder value and optimize capital structure.

Mitsui O.S.K. Lines Announces Increased Year-End Dividend for FY2024

Mitsui O.S.K. Lines, Ltd. announced a year-end dividend increase for the fiscal year 2024, proposing a payout of ¥180.00 per share, up from the previous forecast of ¥160.00. This decision reflects the company’s strong business performance and commitment to returning profits to shareholders while maintaining internal reserves.

Mitsui O.S.K. Lines to Receive $620 Million Dividend from Affiliate

Mitsui O.S.K. Lines, Ltd. announced it will receive a significant dividend of $620 million from its equity-method affiliate, Ocean Network Express Pte. Ltd., which will be recorded as non-operating income in its non-consolidated financial statements for the first quarter of the fiscal year ending March 2026. This financial maneuver underscores the company’s strategic financial management and could potentially enhance its market position, although the dividends will be eliminated in the consolidated financial statements.

Mitsui O.S.K. Lines Updates on Share Repurchase Program

Mitsui O.S.K. Lines announced the status of its share repurchase program, initially resolved in October 2024. Despite planning to repurchase up to 30 million shares, no shares were repurchased in March 2025, although 13,329,000 shares have been repurchased cumulatively by March 31, 2025, at a value of approximately JPY 70 billion. This reflects the company’s strategic financial management and market positioning efforts.

Mitsui O.S.K. Lines Revises Officers’ Remuneration Plan to Enhance Governance and Value

Mitsui O.S.K. Lines, Ltd. has announced revisions to its officers’ remuneration plan, approved by the Board of Directors. The revisions aim to increase remuneration levels to match those of similar profit-reporting companies, expand the ratio of stock remuneration, and introduce clawback provisions. These changes are designed to align with the company’s ‘BLUE ACTION 2035’ management plan, motivate executives, and enhance corporate governance, ultimately contributing to long-term corporate value.

Mitsui O.S.K. Lines Expands Chemical Logistics with LBC Acquisition

Mitsui O.S.K. Lines, Ltd. has announced the acquisition of LBC Tank Terminals Group Holding Netherlands Coöperatief U.A., a major independent tank terminal operator. This acquisition is part of MOL’s strategy to expand its chemical logistics business and enhance its onshore storage capabilities. The move aligns with MOL’s corporate management plan ‘BLUE ACTION 2035’ to diversify its revenue streams and reduce reliance on market-driven shipping. The acquisition is expected to support MOL’s growth in the next-generation energy business and increase its presence in the global chemical logistics industry.

Mitsui O.S.K. Lines Announces Progress in Share Repurchase Program

Mitsui O.S.K. Lines, Ltd. announced the status of its share repurchase program, which was resolved in October 2024. The company repurchased 1,984,200 common shares worth JPY10,777,268,081 between February 1 and February 28, 2025. This action is part of a larger plan to repurchase up to 30 million shares, with a total budget of JPY100 billion, aimed at enhancing shareholder value. The repurchase is conducted through open market purchases on the Tokyo Stock Exchange.