MOL to Receive TSE 'Disclosure Award'
February 02, 2010
TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) today announced that the company has been selected as one of the recipients of the Tokyo Stock Exchange (TSE)'s FY2009 Disclosure Award. The reasons for the selection are as follows:
- MOL's financial statements provide a clear, detailed analysis of business performance by segment, with content reflecting industry-specific situations.
- Content of various disclosed information is extensive and well worth reading.
- The environmental and social report and annual report also offer a range of useful information.
- The Web site is easy to read and features an investor-oriented design.
MOL is continually making public announcements of information that contributes making investment decisions, such as management policies, business strategies, business activities, and business performance, in a timely, appropriate, and fair manner, to maintain the trust of shareholders and the investment community.
The Disclosure Award, started in 1995 with the goal of promoting more productive disclosure by TSE- listed companies, is a program that provides annual recognition to companies that take a proactive approach to disclosure, for example, disclosing corporate information in a timely and appropriate manner.