Company Profile For Mitsui O.S.K. Lines, Ltd.

Mitsui O.S.K. Lines, Ltd. is a Japan-based company engaged in the international shipping business. The Nonscheduled Specialized Shipping segment offers international shipping services by ships that carry cars, dry bulk, oil, liquefied natural gas (LNG) and others. The Container Shipping segment operates containerships in regular scheduled routes and container terminals. The Logistic segment offers total logistic services, including the transportation and storage of cargo. The Ferry segment offers transportation services for cargo and passengers by ferries in the areas of inshore Pacific and Seto Inland Sea, as well as cargo shipping services in Japan. The Related segment is engaged in the real estate business, as well as the passage boat, tug boat, trading, construction and temporary staffing businesses. The Others segment is engaged in the finance, ship manufacturing and management businesses, as well as the provision of information and accounting services.

BRIEF: For the six months ended 30 September 2009, Mitsui O.S.K.Lines, Ltd.'s revenues decreased 43% to Y624.56B. The Company's net loss totaled Y9.93B vs. a net income of Y124.00B. Revenues reflect lower sales especially from unscheduled shipping, container freight transportation business segments. Net loss also suffers from higher percentage of sales cost and SG&A expenses, as well as decreased gains on equity method.