OREANDA-NEWS. August 3, 2012. Mitsui O.S.K. Lines, Ltd. (the Company; President: Koichi Muto) announced a revision of the consolidated business outlook for the first half of FY2012 (April 1, 2012 to September 30, 2012), issued on April 27, 2012, as follows:

Revisions to the consolidated business outlook for the first half of FY2012
(April 1 to September 30, 2012)

 

Revenue

Operating Income

Ordinary Income

Net Income

Net Income per share

Previous outlook (A)

JPY mil.
790,000

JPY mil.
-1,000

JPY mil.
-5,000

JPY mil.
-2,000

JPY
-1.67

Revised outlook (B)

770,000

1,000

-3,000

-2,000

-1.67

Change (B)-(A)

-20,000

2,000

2,000

0

 

Change (%)

-2.5

-

-

-

 

(Ref) 1st half of FY2012
(ended in March 2013) results

717,345

-10,054

-12,100

-16,463

-13.77

Reasons for revision of outlook
The Company revised its consolidated outlook for the first half of FY2012 because it anticipates a recovery of freight rates in the containership business segment and a recovery in profits due to lower-than-anticipated bunker prices, compared to the business climate assumed in the previously announced outlook.