Mitsui O.S.K. Lines, Ltd.
Notice of Receipt of Dividend from Equity-Method Affiliate OCEAN NETWORK EXPRESS PTE. LTD.
Expected to receive a dividend of 167 million USD (approximately 26.4 billion yen) from an equity-method affiliate. Payment date is November 13, 2026; it will be recorded as non-operating income in the standalone financial results for the third quarter of the fiscal year ending March 2027 and will be eliminated in the consolidated results.
Key Figures
- Key Figure 1: 167 million USD (approx. 26.4 billion yen)
- Key Figure 2: Receipt Date November 13, 2026
- Key Figure 3: Will be recorded in the standalone financial results for the third quarter of the fiscal year ending March 2027
AI要約
Dividend Receipt and Accounting Treatment
Based on a board resolution of the equity-method affiliate OCEAN NETWORK EXPRESS PTE. LTD. held today, Mitsui O.S.K. Lines, Ltd. expects to receive a dividend of 167 million USD (approximately 26.4 billion yen). The receipt date is November 13, 2026, and it is expected to be recorded as non-operating income in the standalone financial results for the third quarter of the fiscal year ending March 2027. In consolidated financial statements, dividends from equity-method affiliates are eliminated.
Impact on Financials and Notes
The amount received will be recorded as non-operating income, but because it is eliminated on a consolidated basis, the overall impact on consolidated results is limited. Foreign exchange impact is indicated by the published exchange rate, but the substantive effect on accounting treatment of the dividend is unknown.
Mitsui O.S.K. Lines, Ltd.
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