Komori
Mitsui O.S.K.Lines (9104) · RiskFewer vessels in operation; safety measures ongoing

Risks of Accidents, Oil Spills, Marine Pollution, Piracy and Terrorism

First written in FY2016. 2 of 7 entries say "Materialised", first in FY2021. Latest entry: FY2025.

7entries
10years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseOtherFY2016 – FY2020MitigatedFY20222016: 120162017: 120172018: 020182019: 020192020: 120202021: 120212022: 120222023: 020232024: 120242025: 12025
Same theme, other companies
Major Accidents, Piracy, and Risks of Operating in Conflict Zones in Maritime TransportA theme 3 companies write about · 3 as a headwind · 0 as a tailwind

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

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. FY2025Fewer vessels in operation; safety measures ongoingAnnual report

    「For us, operating and managing approximately 800 diverse vessels and offshore facilities and providing various social infrastructure services centered on marine transportation, one of the most significant risks is damage to or destruction of vessels, cargo and crew resulting from accidents such as collisions, groundings and fires, as well as environmental pollution caused by cargo oil or fuel oil spills.」

    The company stated that approximately 800 vessels were subject to its operations and management, and continued to describe accidents, oil spills and other major risks and its safety measures.
  2. FY2024MaterialisedAnnual report

    「Safety operation indicators fell below target because of a fatal occupational accident and a prolonged suspension of operations.」

    The company itself disclosed that a fatal occupational accident and a prolonged suspension of operations had occurred in relation to its safety operation indicators.
  3. FY2022MitigatedAnnual report

    「To prevent accidents, regardless of whether vessels are owned or chartered, we take various measures on both the operational and technical sides, including educating and instructing seafarers and developing vessel specifications that ensure safety, through close coordination among the Safety Operations Headquarters, each business headquarters, the shipowner in the case of chartered vessels, and the ship-management company.」

    Following the WAKASHIO accident, the company specified measures to address risks including accidents and oil spills, such as coordination among the Safety Operations Headquarters and other units regardless of whether vessels are owned or chartered, seafarer education, vessel specifications, insurance and accident-response training.
  4. FY2021MaterialisedAnnual report

    「In light of the grounding of the bulk carrier WAKASHIO off Mauritius in July 2020 and the resulting fuel oil spill, after the vessel had been chartered by us from a subsidiary of Nagashiki Shipping Co., Ltd., we reviewed not only the support framework provided by our shore-based operations for the vessel at the site of the incident, but also the management frameworks of the shipowner and ship-management company.」

    The previously identified risks of accidents, oil spills and marine pollution materialized in the grounding of WAKASHIO and the resulting fuel oil spill. The company stated that it would invest approximately ¥500 million in total in recurrence-prevention measures.
  5. FY2020Risks of accidents, pollution and other incidents continue despite the decrease in the number of vessels in operationAnnual report

    「However, we operate approximately 820 vessels worldwide at all times, including short-term chartered vessels, and any unforeseen accident at sea, particularly an oil spill and resulting marine pollution, could adversely affect our business and financial results.」

    The number of vessels in operation fell from approximately 850 to approximately 820, while the risks of accidents, oil spills, marine pollution, piracy and terrorism associated with global operations continued.
  6. FY2017Risks of accidents, pollution and other incidents continue despite the decrease in the number of vessels in operationAnnual report

    「However, we operate approximately 850 vessels worldwide at all times, including short-term chartered vessels, and any unforeseen accident at sea, particularly an oil spill and resulting marine pollution, could adversely affect our business and financial results.」

    The stated number of vessels in operation changed from approximately 900 to approximately 850, while the risks of accidents, oil spills, marine pollution, piracy and terrorism continued to be disclosed.
  7. FY2016First statedAnnual report

    「However, we operate approximately 900 vessels worldwide at all times, including short-term chartered vessels, and any unforeseen accident at sea, particularly an oil spill and resulting marine pollution, could adversely affect our business and financial results.」

    Against the backdrop of operating approximately 900 vessels globally, the company identifies accidents, pollution, piracy and terrorism as major risks.
Moved together

"Fluctuations in Profit or Loss Due to Yen Appreciation and Foreign-Currency Income and Expenses" moved the same way as this thread, in the same document, in 2 of its 7 moves.

222222★123456
  1. ★This thread
  2. 1Fluctuations in Profit or Loss Due to Yen Appreciation and Foreign-Currency Income and Expenses2×
  3. 2Establishment of a Sales Headquarters and Capture of Regional Growth Opportunities2×
  4. 3Enhancing Added Value Through the Use of IT and Environmental Technologies2×
  5. 4Profit and Financial Metrics Targets for 2027 under Rolling Plan 20172×
  6. 5Losses on vessel leases and agency rationalization associated with the integration of the liner container shipping business2×
  7. 6Weak shipments of finished vehicles to resource-rich and emerging markets2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Mitsui O.S.K.Lines's next results are scheduled for 2026-11-09. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.