Advancing to the Next Stage Toward ‘Value Realization’

Mitsui O.S.K. Lines, announced that it will launch Phase 2 of its group management plan, “BLUE ACTION 2035,” effective April 1, marking the start of a new stage in the plan.

In Phase 2, the focus of group management will shift from “Transformation and Expansion” to “Value Realization”. Building on the investments made in Phase 1 and leveraging the competitive strengths of the group, MOL will further enhance its earning power by elevating the quality of its business portfolio. It will also strive to ensure balanced capital allocation and to build a solid management foundation. Even amid increasing uncertainty in the business environment, all companies across the group will work together to steadily execute the action plans set forth in this management plan, thereby enhancing corporate value through the integrated creation of economic value and social value.

1. Update to the Overall Framework of ‘BLUE ACTION 2035’

“BLUE ACTION 2035” integrates MOL’s management plan with its sustainability initiatives to achieve sustainable growth based on long term strategies. In Phase 2, MOL will advance this approach by embedding “Sustainability Issues” (materiality) and governance into the management plan itself as core elements of its management foundation. This will enable the group to create economic and social value in an integrated manner and enhance corporate value. Guided by MOL CHARTS-the group’s corporate philosophy, values, and code of conduct—MOL will promote “BLUE ACTION 2035” and connect these efforts to the realization of the Group Vision.

2. Key Strategic Themes for “BLUE ACTION 2035” Phase 2

In Phase 2 of “BLUE ACTION 2035,” the MOL Group will shift its management focus from the “Transformation and Expansion” of Phase 1 to “Value Realization,” and establish three priority themes.

3. Core KPIs MOL Aims to Achieve

Based on the results of Phase 1 and the business plan for Phase 2, MOL has revised its core KPIs upward from the initial plan.

4．Sustainability Issues (Materiality)

In Phase 2 of “BLUE ACTION 2035,” MOL reviewed its “Sustainability Issues” (materiality) and organized them to focus on those that make a greater contribution to the creation of economic and social value. It also updated the four thematic visions-Environment, Safety, Human Capital, and Digital Transformation (DX)-linked to each issue. Going forward, MOL will drive initiatives to address these Sustainability Issues, using the KPIs and actions defined under each vision as a foundation, thereby further strengthening its management foundation.

(Please hold down the Ctrl key and click the image to view details of each vision.)

The MOL Group Sustainability Issues
MOL Group identifies “Sustainability Issues” (Materiality) as our key issues for sustainable growth with society through realization of the Group Vision.
We anticipate this initiative to contribute to the realization of “Environment”, “Safety”, “Human Capital” and “Digital Transformation.”