Edition:
United Kingdom

Mitsui OSK Lines Ltd (9104.T)

9104.T on Tokyo Stock Exchange

3,655JPY
1:55am GMT
Change (% chg)

¥50 (+1.39%)
Prev Close
¥3,605
Open
¥3,630
Day's High
¥3,660
Day's Low
¥3,610
Volume
254,000
Avg. Vol
1,098,130
52-wk High
¥3,890
52-wk Low
¥3,070

Latest Key Developments (Source: Significant Developments)

Mitsui OSK Lines signs contract for building offshore LNG terminal in Uruguay - Nikkei<9104.T>
Thursday, 21 Jul 2016 

Nikkei: Mitsui OSK Lines signed 20-year contract with a government-affiliated business in Uruguay - Nikkei . Mitsui OSK Lines will invest about 40 billion yen and build an offshore liquefied natural gas receiving and storage unit in Uruguay - Nikkei .  Full Article

R&I downgrades Mitsui OSK Lines's rating to "BBB" and announces negative rating outlook
Friday, 6 May 2016 

Mitsui OSK Lines: Says rating and Investment Information, Inc. (R&I) downgraded the company's rating to "BBB", previously "BBB+" .Says rating outlook is negative.  Full Article

Mitsui O.S.K. Lines expects extraordinary loss for Q4 of FY 2016
Thursday, 31 Mar 2016 

Mitsui O.S.K. Lines Ltd:Says it expects an extraordinary loss of 179.3 billion yen for Q4 of the fiscal year ending March 2016.  Full Article

Mitsui O.S.K. Lines Ltd - Maersk, MSC, 13 other shipping firms to change pricing methods - EU - Reuters
Tuesday, 16 Feb 2016 

Mitsui O.S.K. Lines Ltd:Maersk, Swiss peer MSC and 13 other peers have offered to change their practices to settle a two-year EU antitrust investigation, the European Commission said on Tuesday - RTRS.The companies include CMA CGM, Evergreen Marine, Hapag Lloyd, China Ocean Shipping (Group) Company (COSCO), China Shipping, Hamburg Sud, Hanjin, OOCL (Orient Overseas Container Line), Mitsui OSK Lines (MOL), United Arab Shipping Company, Nippon Yusen Kaisha, Hyundai Merchant Marine and Zim.The Commission said the container liners offer to stop publishing and communicating generate rate increase announcements, which are changes to prices expressed as the amount or percentage of the change.Third parties have a month to provide feedback on the proposal before the EU competition authority accepts the offer without any finding of wrongdoing or possible fines.  Full Article

R&I places Mitsui O.S.K. Lines Ltd on the rating monitor with view to downgrading
Friday, 29 Jan 2016 

Mitsui O.S.K. Lines Ltd:Rating and Investment Information, Inc. (R&I) put the company on rating monitor with view to downgrading.The company's current rating is "BBB+".  Full Article

Mitsui O.S.K. Lines lowers consolidated full-year outlook for FY 2016
Friday, 29 Jan 2016 

Mitsui O.S.K. Lines Ltd:Says the company lowered the consolidated full-year outlook for the FY ending March 2016.Revenue forecast decreased to 1,720,000 million yen from 1,758,000 million yen.Operating profit forecast decreased to a loss of 5,000 million yen from 5,000 million yen.Ordinary profit forecast decreased to 32,000 million yen from 42,000 million yen.Net profit forecast decreased to a loss of 175,000 million yen from 17,000 million yen.Earnings per share decreased to a loss of 146.31 yen from 14.21 yen.Comments that delay of recovery of freight rate and expenses related to structural reforms are the main reasons for the forecast.  Full Article

Nikkei edges lower as weaker tech shares offset boost from financials

TOKYO, Dec 13 Japan's Nikkei share average edged lower on Wednesday morning after tech stocks lost ground as they tracked their weaker U.S. counterparts, offsetting gains in the financial space.