Edition:
United States

Mitsui OSK Lines Ltd (9104.T)

9104.T on Tokyo Stock Exchange

2,662JPY
17 Jul 2018
Change (% chg)

¥43 (+1.64%)
Prev Close
¥2,619
Open
¥2,621
Day's High
¥2,679
Day's Low
¥2,618
Volume
938,500
Avg. Vol
901,772
52-wk High
¥4,170
52-wk Low
¥2,564

Latest Key Developments (Source: Significant Developments)

Nippon Concept issues 770,500 shares to Mitsui O.S.K. Lines for 1.07 bln yen via private placement
Thursday, 1 Mar 2018 01:49am EST 

March 1 (Reuters) - Nippon Concept Corp <9386.T>:Says it issues 770,500 shares of its common stock to Mitsui O.S.K. Lines Ltd via private placement, with paid-in price of 1,387 yen per share (1.07 billion yen in total) and payment date on March 1.Previous news was disclosed on Feb. 13.  Full Article

Nippon Concept says capital and business alliance with Mitsui O.S.K. Lines
Tuesday, 13 Feb 2018 03:26am EST 

Feb 13 (Reuters) - Nippon Concept Corp <9386.T>:Says co plans to form capital and business alliance with Mitsui O.S.K. Lines Ltd.Says co will issue 770,500 new shares to Mitsui O.S.K. Lines on March 1 via private placement, to raise 1.07 billion yen in total .Says co's president and vice president plan to sell 1.3 million shares in total to Mitsui O.S.K. Lines.Says Mitsui O.S.K. Lines will hold 15 percent stake in the co .Says two entities will mainly cooperate on share overseas networks and business networks, joint business and service operations, joint technology research and development, joint purchasing, proactive use of both companies' services, personnel exchange and other beneficial matters to enhance the businesses of both companies.  Full Article

Mitsui OSK Lines to sell fixed assets of unit Hong Kong Logistics
Friday, 22 Dec 2017 03:20am EST 

Dec 22(Reuters) - Mitsui OSK Lines Ltd <9104.T>:Says it plans to sell fixed assets of its unit Hong Kong Logistics Company Limited .Price undisclosed .Transaction date on Jan. 26, 2018.  Full Article

Hoegh LNG Partners says unit entered into term-sheet to buy additional 23.5 pct interest in joint ventures owning FSRUs Neptune and GDF Suez Cape Ann
Thursday, 24 Aug 2017 01:00am EDT 

Aug 24 (Reuters) - Hoegh LNG Partners LP - :Hoegh LNG Partners LP announces entry into a term-sheet to acquire an additional 23.5% interest in joint ventures owning FSRUs Neptune and GDF Suez Cape Ann.Deal for $27.3 million.Following the transaction, MOL will continue to hold 25% of the shares of each joint venture.Partnership's management believes the acquisition will be accretive.Unit Hoegh LNG Partners Operating LLC entered into term-sheet to buy from Mitsui OSK Lines Ltd 23.5% of shares of SRV Joint Gas Ltd.Partnership's management evaluating whether to recommend increase in partnership's qtly cash distribution to board as result of deal.Unit Hoegh LNG Partners Operating Llc entered into term-sheet to buy from MOL 23.5% of shares of SRV Joint Gas Two Ltd.Unit entered into term-sheet to buy 23.5% of outstanding shareholder loans from MOL aggregating $1.5 million.  Full Article

Mitsui O.S.K, Kawasaki Kisen, Nippon Yusen likely to post a group pretax profit for April-June - Nikkei‍​
Friday, 14 Jul 2017 01:22pm EDT 

July 14 (Reuters) - Nikkei::Mitsui O.S.K.'s pretax profit likely tripled on the year to around 2 billion yen for April-June - Nikkei‍​.Kawasaki Kisen is expected to book profit for April-June quarter, rebounding from a loss of 22.5 billion yen the year before - Nikkei.Nippon Yusen's pretax profit for April-June quarter is seen reaching about 5 billion yen after a year-earlier pretax loss of 9.9 billion yen - Nikkei.  Full Article

Kawasaki Kisen Kaisha announces establishment of new holding company and operating company
Friday, 7 Jul 2017 02:35am EDT 

July 7(Reuters) - Kawasaki Kisen Kaisha Ltd <9107.T>:Says the company, Mitsui OSK Lines Ltd <<<9104.T>>> and Nippon Yusen KK <<<9101.T>>> jointly established a Japan-based holding company and a Singapore-based operating company, to integrate the three companies' container shipping businesses (including worldwide terminal operation businesses, excluding those in Japan), under the name of Ocean Network Express Holdings, Ltd. and Ocean Network Express Pte. Ltd. respectively, on July 7.  Full Article

Mitsui OSK Lines to raise conversion price for 2018 due euro-dollar denominated convertible bonds and 2020 due euro-dollar denominated convertible bonds
Tuesday, 27 Jun 2017 02:15am EDT 

June 27 (Reuters) - Mitsui OSK Lines Ltd <9104.T>:Says it plans to raise conversion price for 2018 due euro-dollar denominated convertible bonds to $ 53.1 from $ 5.31 .Says it plans to raise conversion price for 2020 due euro-dollar denominated convertible bonds to $ 47.8 from $ 4.78.Says effective Oct. 1.  Full Article

Kawasaki Kisen Kaisha says establishment of JV
Wednesday, 31 May 2017 03:54am EDT 

May 31(Reuters) - Kawasaki Kisen Kaisha Ltd <9107.T>:Says it will establish a new joint venture (JV) with Mitsui OSK Lines Ltd <<<9104.T>>> and Nippon Yusen KK <<<9101.T>>>, and this JV will operate under the tradename "Ocean Network Express".Says this JV will integrate the three companies' container shipping businesses (including worldwide terminal operation businesses, excluding those in Japan), previously announced on October 31, 2016.Establishment of a holding company is currently planned in Japan, and an operating company is planned to be incorporated in Singapore.  Full Article

Mitsui OSK Lines sales for year ended March will probably come in at 1.5 trillion Yen - Nikkei
Friday, 14 Apr 2017 03:14pm EDT 

Nikkei : Mitsui O.S.K. Lines pretax profit for the year ended March is estimated at just over 15 billion yen ($138 million) - Nikkei .Mitsui O.S.K. Lines sales for the year ended March will probably come in at 1.5 trillion yen - Nikkei.  Full Article

Mitsui O.S.K.: booked 20.5 bln yen impairment loss in Q4 for container business
Friday, 31 Mar 2017 02:10am EDT 

Mitsui Osk Lines Ltd <9104.T> : booked impairment loss of 20.5 billion yen ($183.3 million)in Q4 on container business Further company coverage: [9104.T] ($1 = 111.8300 yen).  Full Article