Meiji Shipping (9115) Stock Overview

Meiji Shipping Group Co., Ltd., through its subsidiaries, engages in the maritime business in Japan and internationally. The company operates through three segments: International Shipping Business, Hotel-Related Business, and Real Estate Leasing Business. It owns crude and product oil, methanol, and chemical tankers, as well as LNG, LPG, car, chip, container, and bulk carriers that are operated primarily under time charter parties with shipping companies. The company also offers ship management, and related transaction services; construction supervision, remodeling and inspection, and related services; and business planning, ship finance, and commercial management services. In addition, it is involved in the manning and training of seafarers; providing IT related solutions for vessels; marketing of marine equipment and parts; and building operation and management, as well as the operation of nursery schools. Further, the company sells machinery for ships and ports; rents houses; develops office buildings; offers tugboat, non-life and cancer insurance agency, and forwarding services; and operates hotels, resorts, and restaurants, as well as a golf course. The company was formerly known as Meiji Shipping Co., Ltd. and changed its name to Meiji Shipping Group Co., Ltd. in October 2023. Meiji Shipping Group Co., Ltd. was incorporated in 1911 and is headquartered in Kobe, Japan.