Mitsui O.S.K. Lines, Ltd.

2026/11/05 12:54 Updated
Market Cap: $15.2B (¥2.4T)
Stock Price: $44.23 (¥7,010)
Exchange Rate: 1 USD = ¥158.48

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.

Importance:
Page Updated: November 4, 2026
IR Disclosure Date: November 4, 2026

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.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Mitsui O.S.K. Lines, Ltd.

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