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Mitsui O.S.K. Lines, Ltd.

9104.TIndustrialsTSE

Marine Shipping · Last scanned May 29, 2026

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Financials · Annual
Revenue
$1.78T
+9.1% YoY
Net Income
$425.49B
+62.6% YoY
EBITDA
$598.95B
+43.9% YoY
Free Cash Flow
-$337.28B

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About Mitsui O.S.K. Lines, Ltd.

Lines, Ltd., together with its subsidiaries, provides marine transportation and vessel chartering services in Japan, North America, Europe, Singapore, rest of Asia, and internationally. Valued at $1.86T, 9104.T is a mega-cap name in its sector. It operates through Dry Bulk Business; Energy Business; Container Ships; Car Carriers, Terminal and Logistics; Ferries and Coastal RoRo Ships, Cruise; Real Property; and Associated Businesses segments.

Key stats
Market Cap$1.86T
P/E (TTM)8.74
Fwd P/E9.61
EPS$618.82
Beta0.69
52W Change+6.0%
Dividend Yield3.77%
ROE7.6%
Analysis

Mitsui O.S.K. Lines, Ltd. carries $2.48T in total debt against $209.82B in cash reserves — debt is roughly 11.8x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$337.28B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at 7.6%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 1.4% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $1.27T (2022) to $1.78T (2025), reflecting a 40% increase over the period.

With a beta below 0.7, Mitsui O.S.K. Lines, Ltd. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Mitsui O.S.K. Lines, Ltd. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing 9104.T's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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