Mitsui O.S.K. Lines Ltd. http://www.alacrastore.com/company-snapshot/Mitsui_O_S_K_Lines_Ltd-1020411 Tuesday, October 14, 2008 6:08:22 AM 1020411 Mitsui O.S.K. Lines Ltd. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/bir/1198605bir/1198605normMitsui OSK Lines Ltd.JapanTransportation: Operation of a fleet of containerships; bulkers and car carriers; tankers and gas carriers; ferries and cruise ships; cargo forwarding and warehousing; shipping agent services and harbour and terminal44124481448244914831114831124832124883209HM91046/19/2008 6:31:00 AM1198605Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/spcred/627062spcred/627062normThe latest Full Report from S&P1/22/2008 9:03:23 PMFull Report400globalpubfin627062JapanMarineAsiaUnited StatesGlobal IssuersPublic FinanceFinancial InstitutionsCorporationsTransportationFull ReportDiverse business portfolio and excellent customer base Progressively enhanced resilience to adverse market conditions Strong cost competitiveness by international standard Key role played by shipping industry in the Japanese economy Inherently high risk, cyclical, capital-intensive, and competitive industry Anticipated increase in fleet size is likely to negatively affect ocean freight rate Slightly weaker financial profile for the current rating Prospects for slower improvement in its capital structure Mitsui O.S.K. Lines Ltd. has a diverse business portfolio and an excellent customer base as well as strong cost competitiveness, as one of the world's largest multiline shipping companies. Under its conservative business policy, which is based on the company's high-percentage of long-term contracts, Mitsui O.S.K. made solid progress in strengthening its competitiveness.JPN20303010 203030 2030 20Mitsui O.S.K. Lines Ltd.312942ASIAUSA9104@JPFULLGLOBISSPUBFINFICORPTransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/627063spcred/627063normThe latest Summary from S&P1/22/2008 9:03:23 PMSummary175globalpubfin627063JapanMarineAsiaUnited StatesGlobal IssuersPublic FinanceFinancial InstitutionsCorporationsTransportationSummaryMitsui O.S.K. Lines Ltd. has a diverse business portfolio and an excellent customer base as well as strong cost competitiveness, as one of the world's largest multiline shipping companies. Under its conservative business policy, which is based on the company's high-percentage of long-term contracts, Mitsui O.S.K. made solid progress in strengthening its competitiveness. It did by increasing shipping capacity and reinforcing the sales structure of its car carrier and bulk carrier operations, as well as by enhancing operational efficiency through cost reductions and effective shipping allocation on a companywide basis. As a result, the company's cash flow stability has further improved as has their resilience to adverse market conditions. In addition, financial resilience to deterioration in business conditions has beenJPN20303010 203030 2030 20Mitsui O.S.K. Lines Ltd.312942ASIAUSA9104@JPSUMMARYGLOBISSPUBFINFICORPTransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/COP_504300moodys/COP_504300htmlCredit Opinion1/4/2008 2:19:56 AMGlobal Credit Research Credit Opinion ## NOV #### Credit Opinion: Mitsui O.S.K. Lines, Ltd. Mitsui O.S.K. Lines, Ltd. Tokyo, Japan Ratings Category Moody's Rating Outlook Stable Issuer Rating A# Senior Unsecured -Dom Curr A# Mitsui...Mitsui O.S.K. Lines, Ltd.504300150.0000NewshtmlMitsui O.S.K. Lines, Ltd.COP_504300Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_145084_504300moodys/PR_145084_504300htmlRating Action11/30/2007 12:26:13 AMGlobal Credit Research Rating Action ## NOV #### Rating Action: Mitsui O.S.K. Lines, Ltd. Moody's upgrades Mitsui O.S.K.'s ratings; outlook stable Tokyo, November ##, #### -- Moody's Investors Service has upgraded to A# from Baa# the...Mitsui O.S.K. Lines, Ltd.504300150.0000Newshtml443800Mitsui O.S.K. Finance PLC433400Euromol B.V.Euromol B.V.; Mitsui O.S.K. Finance PLC; Mitsui O.S.K. Lines, Ltd.PR_145084_504300Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_142503_504300moodys/PR_142503_504300htmlRating Action10/20/2007 12:20:33 AMGlobal Credit Research Rating Action ## OCT #### Rating Action: Mitsui O.S.K. Lines, Ltd. Moody's reviews Mitsui O.S.K.'s ratings for possible upgrade Tokyo, October ##, #### -- Moody's Investors Service has placed on review for possible...Mitsui O.S.K. Lines, Ltd.504300150.0000Newshtml443800Mitsui O.S.K. Finance PLC433400Euromol B.V.Euromol B.V.; Mitsui O.S.K. Finance PLC; Mitsui O.S.K. Lines, Ltd.PR_142503_504300Credit & Investment ResearchMoody's Global Credit Research