Mitsui O.S.K. Lines, Ltd.
9104・Prime Market・Marine Transportation
Governance
As a company with a Board of Corporate Auditors, the Board of Directors (5 internal and 5 outside directors, 10 total, outside ratio 50%) serves as the highest governing body, with a Nomination Advisory Committee, Compensation Advisory Committee, and Corporate Governance Council established under the Board of Directors. The company has established a cross-functional executive structure through the Chief Officer system introduced in FY2023, along with an audit framework based on the collaboration of the Board of Corporate Auditors, the accounting auditor, and the Internal Audit Department.
Risk Management
A structure has been established in which six committees, including the Sustainability Committee headed by the President and Representative Director as chief officer, deliberate on risks and opportunities under the Executive Committee, with the Board of Directors bearing oversight responsibility. Since fiscal 2024,
Shareholder Returns
The basic policy is performance-linked dividends targeting a consolidated payout ratio of around 30%, with a minimum dividend of ¥150 per share. For FY2024, a dividend of ¥360 per share (interim ¥180, year-end ¥180) is planned, with total dividends of ¥65,252 million for the interim and ¥62,904 million (planned) for the year-end. The Articles of Incorporation provide for flexible share buybacks by resolution of the Board of Directors.
Dividend Policy
Dividends are paid in line with performance, targeting a consolidated payout ratio of around 30%, while maintaining a minimum dividend of ¥150 per share. For FY2024, the dividend is ¥360 per share (interim ¥180, year-end ¥180). The current policy is expected to be maintained for FY2025 as well.
ESG
The company incorporates "Environment," "Safety," "Human Capital," and "DX" as its four sustainability priorities into the BLUE ACTION 2035 Phase 2 management plan, and is pursuing the introduction of alternative fuels, improvement of fuel efficiency, and expansion of low/decarbonization businesses, with net-zero emissions by 2050 as its long-term target. On the human capital front, the company has set targets of 15% for the ratio of female MGKP and 20% for the ratio of female managers in shore-based positions by FY2030 (ending March 2030); FY2025 (ending March 2025) results showed a female MGKP ratio of 8.5% and an engagement-improved organization ratio of 50.4%.
Last updated: June 23, 2026