At shipping company Mitsui O.S.K. Lines, capital investment in the real estate business is set to reach 197 billion yen in the fiscal year ending March 2026, making it the second-largest area of spending after the energy business at 225.6 billion yen. Real estate sales come to 48.9 billion yen, accounting for just 2.7 percent of consolidated sales of 1.825 trillion yen, but segment assets total 840.6 billion yen, slightly exceeding the 826.9 billion yen in assets of the largest segment, which accounts for 32.2 percent of sales. Of consolidated capital investment of 543.2 billion yen, spending on the automotive transport and logistics operations of the largest segment comes to 48.8 billion yen and the dry bulk shipping business 36.2 billion yen, leaving the real estate business's 197 billion yen far out in front. Segment profit in real estate is 6.7 billion yen, a margin of 13.8 percent on sales, and sales rose 12.7 percent from the previous fiscal year, the highest growth rate among the eight segments. The company has raised its full-year forecast for the fiscal year ending March 2027 from its initial plan, revising sales of 2.04 trillion yen, ordinary profit of 145 billion yen and net profit of 170 billion yen to sales of 2.23 trillion yen, ordinary profit of 225 billion yen and net profit of 240 billion yen as of the first quarter.
Mitsui O.S.K.Lines,Ltd.MOL's real estate capital investment reaches 197 billion yen, second-largest segment, with sales up 12.7% and full-year profit forecast raised.
