Meiji Shipping Group Co., Ltd., through its subsidiaries, engages in the maritime business in Japan and internationally. The company operates through three segments: Ocean Shipping Business, Hotel-Related Business, and Real Estate Rental Business. It owns crude and product oil, methanol, and chemical tankers, as well as LNG, LPG, car, container, chip, and bulk carriers that are operated under time charter parties with shipping companies. The company also offers ship management, crew manning, supervision of new shipbuilding construction, etc. In addition, it develops hotels, golf courses, and restaurants; and engages in the development office building, housing rental, insurance agency business, nursery school business, nursing home business and other properties. 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.
Research context
Meiji Shipping Co., Ltd appears in PyInvesting’s Tokyo Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- JPY
- Sector
- Industrials
- Industry
- Integrated Freight & Logistics
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5 years, 6 months ago
Meiji Shipping Co., Ltd is currently in a long term uptrend where the price is trading 11.7% above its 200 day moving average.
From a valuation standpoint, the stock is 65.0% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.4.
Meiji Shipping Co., Ltd's total revenue sank by 10.6% to $10B since the same quarter in the previous year.
Its net income has dropped by 16.8% to $706M since the same quarter in the previous year.
Based on the above factors, Meiji Shipping Co., Ltd gets an overall score of 2/5.