Business Summary: Mitsui E&S Holdings Co., Ltd, formerly Mitsui Engineering & Shipbuilding Co., Ltd. is principally engaged in shipbuilding business. The Company has four business segments. The Ship segment is engaged in the design, manufacturing, sale, repair and engineering of various ships. The Ocean Development is engaged in the design, manufacturing, sale and leasing of floating ocean oil and gas production equipment. The Machinery segment is engaged in the design, manufacturing and sale of various machineries. The Engineering segment is engaged in the design, operation, engineering, sales, repair and management of chemical plants, power generation facilities and others. The Company is also engaged in the leasing and management of real estate, the provision of warehousing, information, communication and sales services.
Financial Summary: BRIEF: For the nine months ended 31 December 2019, Mitsui E&S Holdings Co Ltd revenues increased 14% to Y547.7B. Net loss applicable to common stockholders increased 48% to Y70.04B. Revenues reflect Ocean Development segment increase of 31% to Y219.61B, Ships segment increase of 23% to Y85.57B, Machinery segment increase of 6% to Y143.96B. Higher net loss reflects Engineering segment loss increase of 79% to Y73.32B.