Komori
Mitsui O.S.K.Lines (9104) · InitiativeAdvanced

Deployment of New Ferries and Domestic RORO Vessels and Capture of Cargo and Passenger Demand

First written in FY2018-Q1. 9 of 25 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2025.

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ProgressHeldSoftenedWorseOtherFY2018-Q1 – FY2020-Q1OtherFY2021-Q3 – FY2022-Q3AdvancedFY2023-Q1 – FY2024-Q1RestatedFY2024-Q2 – FY2024-Q32017: 220172018: 420182019: 420192020: 420202021: 320212022: 320222023: 320232024: 120242025: 12025
Same theme, other companies
Replacement Construction and Equipment Upgrades for RORO Ships on Major RoutesA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

1 other company's latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2025AdvancedAnnual report

    「At ㈱商船三井さんふらわあ, cargo volumes increased significantly from the previous fiscal year as the shift to modal transport progressed, despite the impact of rapid cost inflation. The passenger business also performed well, with passenger numbers recovering to pre-COVID levels for the first time in 5 years, resulting in higher profit year on year.」

    Cargo volumes in the ferry business increased significantly, and passenger numbers recovered to pre-COVID levels for the first time in 5 years.
  2. FY2024-Q3RestatedAnnual report

    「Although cargo transportation at ㈱商船三井さんふらわあ declined, passenger transportation increased significantly, mainly due to the launch of a newly built LNG-fueled ferry, and the business as a whole recorded higher profit year on year.」

    Passenger transportation increased significantly, mainly due to the launch of a newly built LNG-fueled ferry, and the business as a whole recorded higher profit year on year despite a decline in cargo transportation.
  3. FY2024-Q2RestatedAnnual report

    「The passenger business recorded a significant year-on-year increase in profit, supported by the launch of a newly built LNG-fueled ferry and the government's nationwide travel-support program. The logistics business also recorded higher profit year on year, although some cargo categories remained weak.」

    The passenger business recorded a significant increase in profit, supported by the launch of a newly built LNG-fueled ferry and the nationwide travel-support program, while the logistics business also recorded higher profit. The measures and progress outlined in the previous quarter were reaffirmed.
  4. FY2024-Q1AdvancedAnnual report

    「Passenger numbers recovered significantly year on year, supported by the launch of a newly built LNG-fueled ferry and the government's nationwide travel-support program. In logistics, automotive-parts-related cargo had not yet returned to normal, but the ferry and domestic RORO vessel business as a whole recorded higher profit year on year.」

    Passenger numbers recovered significantly, supported by the launch of a newly built LNG-fueled ferry and the nationwide travel-support program. The ferry and domestic RORO vessel business recorded higher profit year on year.
  5. FY2023-Q3AdvancedAnnual report

    「Passenger transportation captured increased domestic travel demand driven by the government's nationwide travel-support program and the recovery in demand for visits to hometowns during the year-end and New Year holidays, resulting in a significant year-on-year increase in passenger numbers. In logistics, truck cargo movements remained solid, as they had in the same period of the previous year, supporting profit and loss. Consequently, profit and loss improved year on year for the ferry and domestic RORO vessel business as a whole.」

    Passenger numbers increased significantly due to the nationwide travel-support program and the recovery in demand for visits to hometowns, while solid cargo movements in logistics also contributed to an improvement in profit and loss across the business.
  6. FY2023-Q2AdvancedAnnual report

    「Passenger numbers increased year on year as the company captured demand during peak seasons such as Golden Week and the summer holidays. The logistics business also maintained its recovery trend. Although some services were suspended due to COVID-19 infections among crew members, profit and loss improved year on year for the ferry and domestic RORO vessel business as a whole.」

    Passenger numbers increased as peak-season demand was captured, and the logistics business maintained its recovery trend. As a result, profit and loss improved across the business despite some service suspensions caused by infections among crew members.
  7. FY2023-Q1AdvancedAnnual report

    「Passenger numbers improved significantly as the company was able to capture demand during Golden Week and other periods without the issuance of states of emergency or quasi-emergency measures to prevent the spread of disease. The logistics business also maintained its recovery trend, and the ferry and domestic RORO vessel business as a whole recorded higher revenue and profit year on year.」

    Passenger numbers improved significantly and the logistics business continued to recover, resulting in higher revenue and profit year on year for the ferry and domestic RORO vessel business.
  8. FY2022-Q3Passenger demand recovered but remained below pre-COVID levels, while fuel costs roseAnnual report

    「Cargo movements remained solid, while passenger numbers recovered from the same period of the previous year. However, demand remained weak compared with pre-COVID-19 levels due to the significant impact of restrictions on going out and refraining from travel following the issuance of a state of emergency. In addition, higher operating costs caused by rising fuel oil prices contributed to a year-on-year deterioration in profit and loss.」

    Cargo remained solid and passenger numbers recovered year on year but did not reach pre-COVID levels, while profit and loss deteriorated year on year partly due to higher fuel oil prices.
  9. FY2022-Q1Cargo recovered, passenger demand remained weak, and fuel costs roseAnnual report

    「In the ferry and domestic RORO vessel business, the company captured firm demand for cargo transportation and secured transport volumes above those of the same period of the previous year. Passenger demand was generally recovering, but remained weak due to the significant impact of restrictions on going out and refraining from travel following the issuance of states of emergency and other measures. Together with higher operating costs caused by rising fuel oil prices, this resulted in deterioration in profit and loss year on year.」

    Cargo transport volume exceeded that of the same period of the previous year, but business profit and loss deteriorated year on year due to weak passenger demand following states of emergency and other measures, as well as higher fuel oil prices.
  10. FY2021Passenger demand remained weak and, despite cargo recovery, profit and loss deterioratedAnnual report

    「Passenger numbers on the ferry and domestic RORO vessel routes fell sharply due to the impact of COVID-19. Although measures for living with COVID-19, including strengthened infection-control measures onboard ferries and at terminals, were advanced and a temporary recovery was seen with support from the government's Go To Travel campaign, passenger demand generally remained weak as infections resurged from the beginning of the year.」

    Despite infection-control measures and a temporary recovery driven by Go To Travel, passenger demand weakened again as infections resurged, while cargo also fell below the previous fiscal year and profit and loss deteriorated.
  11. FY2021-Q3Passenger numbers declined again, while cargo was recovering, but results remained below the previous yearAnnual report

    「Passenger numbers, which had fallen sharply due to the impact of COVID-19, temporarily recovered with support from the government's Go To Travel campaign, but declined again after the campaign was suspended as infections resurged. Cargo movements were generally on a recovery trend, although conditions varied by route. However, they remained below the previous year overall, and profit and loss deteriorated year on year. The company is also advancing its response to living with COVID-19, including strengthening infection-control measures onboard ferries and at terminals.」

    In the ferry and domestic RORO vessel business, passenger numbers declined again after a temporary recovery under Go To Travel, as infections resurged and the campaign was suspended. Cargo movements were recovering but remained below the previous year, and profit and loss deteriorated.
  12. FY2021-Q2AdvancedAnnual report

    「To provide passengers with greater peace of mind and safety, we are further strengthening infection-control measures, including the installation of commercial air purifiers with high-performance filters onboard ferries.」

    In the ferry and domestic RORO vessel business, infection-control measures, including the installation of commercial air purifiers with high-performance filters, are being strengthened to ensure passenger safety and peace of mind.
  13. FY2021-Q1AdvancedAnnual report

    「Although measures to prevent infection, including thorough onboard ventilation and disinfection, were implemented to maintain services as part of the social mission of public transportation, and efforts were made to actively promote the advantages of ferries, such as the ability to board with a private car and use a private cabin to avoid crowded conditions, the ferry and domestic RORO vessel division as a whole saw its profit and loss deteriorate year on year.」

    In the ferry and domestic RORO vessel business, onboard ventilation and disinfection were implemented and private-car boarding and private-cabin use were promoted to maintain services, but profit and loss deteriorated due to declines in passenger numbers and cargo movements.
  14. FY2020Passenger demand declined due to COVID-19Annual report

    「Meanwhile, passenger demand generally exceeded the previous fiscal year, supported by the effect of new vessels and the growing acceptance of the casual-cruise concept. However, passenger numbers declined from the latter half of February onward due to calls for people to refrain from going out amid the spread of COVID-19.」

    Demand capture from new vessels and the casual-cruise concept continued, but passenger demand declined from the latter half of February onward as infections spread and people refrained from going out.
  15. FY2020-Q3AdvancedAnnual report

    「Meanwhile, passenger demand remained strong as the casual-cruise concept gained traction. The ferry and domestic RORO vessel division as a whole delivered results above those of the previous fiscal year.」

    Passenger demand remained strong as the casual-cruise concept gained traction, and the ferry and domestic RORO vessel division as a whole outperformed the previous fiscal year.
  16. FY2020-Q2AdvancedAnnual report

    「Passenger numbers increased as promotions centered on the casual-cruise concept proved effective, supported by the introduction of new vessels. Despite negative factors such as cancellations caused by major typhoons during the peak season, the ferry and domestic RORO vessel division as a whole reported a profit.」

    Passenger numbers increased following the introduction of new vessels and promotional activities, and the ferry and domestic RORO vessel division reported a profit despite cancellations caused by major typhoons.
  17. FY2020-Q1Profit held steady despite higher passenger numbers and fuel costsAnnual report

    「Passenger numbers increased as promotions centered on the casual-cruise concept proved effective, and as the company captured demand during Golden Week. However, higher fuel oil prices increased operating costs, and the ferry and domestic RORO vessel division as a whole secured profit at approximately the same level as in the same period of the previous year.」

    Passenger numbers increased as a result of the introduction of new vessels, promotional activities and the capture of Golden Week demand, and profit was secured at approximately the same level as in the same period of the previous year despite higher fuel costs.
  18. FY2019Profit declined despite solid demand, due to cancellations and higher fuel costsAnnual report

    「Passenger demand also remained solid across the Hokkaido, Seto Inland Sea and southern Kyushu routes, supported by the introduction of new vessels and successful promotional activities centered on the casual-cruise concept. However, prolonged cancellations caused by major typhoons and vessel problems, together with higher fuel costs, resulted in lower profit for the ferry and domestic RORO vessel division as a whole compared with the previous fiscal year.」

    Demand remained solid, supported by the shift to modal transport, the introduction of new vessels and promotional activities, but profit declined due to prolonged cancellations caused by major typhoons and vessel problems, as well as higher fuel costs.
  19. FY2019-Q3Profit declined despite higher revenue, due to higher fuel costsAnnual report

    「In addition, active promotions centered on the casual-cruise concept attracted passengers and secured revenue above the level of the same period of the previous year. However, profit declined year on year due to higher fuel costs and other factors.」

    In the ferry and domestic RORO vessel business, revenue exceeded the same period of the previous year, supported by cargo movements driven by the shift to modal transport and casual-cruise promotions, but profit declined due to higher fuel costs and other factors.
  20. FY2019-Q2RestatedAnnual report

    「In the ferry and domestic RORO vessel business, cargo movements remained solid, as they had in the previous fiscal year, driven by the shift to modal transport amid a shortage and aging of truck drivers and tighter labor-management requirements. In addition, active promotions centered on the casual-cruise concept attracted passengers and secured revenue at approximately the same level as in the same period of the previous year. However, cancellations caused by typhoons and defects affecting some vessels, together with higher fuel costs, resulted in lower profit year on year.」

    Cargo demand from the shift to modal transport and passenger-acquisition initiatives centered on casual cruises continued, but profit declined due to cancellations caused by typhoons and vessel defects, as well as higher fuel costs.
  21. FY2019-Q1Profit declined due to prolonged dry-docking caused by vessel defectsAnnual report

    「In the ferry and domestic RORO vessel business, cargo movements remained solid, as they had in the previous fiscal year, driven by the shift to modal transport amid a shortage and aging of truck drivers and tighter labor-management requirements. Passenger numbers also benefited from active promotions centered on the casual-cruise concept, resulting in revenue at approximately the same level as in the same period of the previous year. However, cancellations on some routes due to prolonged dry-docking caused by vessel defects, together with higher fuel oil prices, resulted in lower profit year on year.」

    Demand for cargo and passenger services continued to be captured, but profit declined year on year due to prolonged dry-docking and cancellations caused by vessel defects, as well as higher fuel oil prices.
  22. FY2018Profit declined due to firm demand but delays in new vessel deliveries and higher fuel costsAnnual report

    「In the ferry and domestic RORO vessel business, the shift to more energy-efficient modes of transport accelerated further against a backdrop of a shortage and aging of truck drivers and tighter labor management. Cargo volumes remained firm. However, profit in the ferry and domestic RORO vessel business as a whole declined from the previous fiscal year due to delays in the completion of new vessels and higher fuel oil prices, among other factors.」

    Freight demand from the shift to more energy-efficient modes of transport remained firm, but delays in the completion of new vessels and higher fuel oil prices were factors behind the decline in profit.
  23. FY2018-Q3Profit declined despite firm demand due to increased cancellationsAnnual report

    「Although freight transportation demand remained firm in the ferry and domestic RORO shipping business as modal shift progressed, the number of canceled services increased in the third quarter due to typhoons and vessel problems, resulting in lower profit than in the same period of the previous year.」

    Freight demand from the shift to more energy-efficient modes of transport remained firm, but profit declined year on year due to an increase in service cancellations caused by typhoons and vessel trouble.
  24. FY2018-Q2RestatedAnnual report

    「In the ferry and domestic RORO vessel business, freight transportation demand continued against a backdrop of a shortage of truck drivers, and cargo volumes remained firm. Passenger demand also remained solid, partly due to the launch of a new vessel on the Oarai-Tomakomai route in May this year. As a result, the Company secured profit at approximately the same level as in the previous fiscal year despite the cancellation of multiple services due to typhoons.」

    Freight demand resulting from the shortage of truck drivers and the effects of the new vessel launched in May continued, enabling the Company to secure profit at approximately the same level as in the previous fiscal year despite cancellations caused by typhoons.
  25. FY2018-Q1First statedAnnual report

    「In the ferry and domestic RORO vessel business, freight transportation demand continued against a backdrop of a shortage of truck drivers, and cargo volumes remained firm. Passenger demand also remained solid, partly due to the launch of a new vessel on the Oarai-Tomakomai route in May this year.」

    The Company captured freight demand arising from the shortage of truck drivers, launched a new vessel on the Oarai-Tomakomai route in May, and responded to passenger demand.
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  1. ★This thread
  2. 1Losses on vessel leases and agency rationalization associated with the integration of the liner container shipping business8×
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