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2016 March 31   12:13

MOL to implement business structural reforms in dry bulker and containership businesses

Mitsui O.S.K. Lines, Ltd. today announced that its Board of Directors has confirmed plans to implement specific measures for business structural reforms in its dry bulker and containership operations, and decided to record an extraordinary loss of ¥179.3 billion as a result of those reforms.

MOL previously issued a press release announcing that it would implement the above-mentioned structural reforms in the dry bulker and containership  businesses, and projected an extraordinary loss of  about ¥180.0 billion for the fourth quarter of this fiscal  year.

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