Mitsui O.S.K. Lines (MOL) recently revised downward its FY2008 (April 1, 2008 to March 31, 2009) projections, based on the global economic slowdown and deteriorating demand for raw materials and finished goods. The revision from the previous forecast, which was issued October 27, 2008, includes a projected 7.3% decline in revenue; a 25.9% decrease in operating income; and a 33.3% decrease in net income.
To view updated figures, visit: http://www.mol.co.jp/ir-e/financial/financial_r.html