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MOL Introduces Phase 2 of the BLUE ACTION 2035

Mitsui O.S.K. Lines, Ltd. (MOL), led by President Tsuyoshi Hashimoto and headquartered in Minato, Tokyo, is preparing to kickstart Phase 2 of its ambitious management plan, 'BLUE ACTION 2035', from April 1, 2026. This new phase represents a critical evolution in the company's long-term strategy for sustainable growth.

A Shift in Focus

In this second phase, MOL will transition its operational focus from 'transformation and expansion' to 'realizing results'. This strategic shift is built upon the investments made and competitive advantages accrued during Phase 1. By enhancing the quality of its business portfolio, MOL aims to dramatically increase its earning power. Furthermore, the company is committed to a balanced capital allocation and strengthening its operational foundation. Every segment of the MOL Group will unite to execute the action plans outlined in this management strategy, ultimately leading to the creation of economic and social value that enhances corporate value overall.

Evolution of the BLUE ACTION 2035 Framework

An integral part of the 'BLUE ACTION 2035' plan is the integration of business strategies with sustainability initiatives. In this next phase, MOL will embed sustainability challenges (materiality) and governance into the core management framework itself. This ensures a cohesive strategy that simultaneously fosters both economic and social value, thereby augmenting the company's overall worth. Aligning with the MOL Group's corporate philosophy, values, and codes of conduct known as MOL CHARTS, the 'BLUE ACTION 2035' framework aims to advance towards the group's overarching vision.

Key Themes in Phase 2

During Phase 2 of the 'BLUE ACTION 2035', MOL will focus on three key themes that prioritize the transition from previous expansive strategies to achieving tangible results.

Core KPIs

Reflecting on the accomplishments of Phase 1 and considering the business plans for Phase 2, MOL has adjusted the Core KPIs upwards compared to the original projections. This revision is aimed at better aligning with the expectations and goals set forth by the company.

Reevaluation of Sustainability Challenges

In Phase 2, there will also be a reassessment of the sustainability challenges (materiality) to distill them down to those that offer the highest contributions to creating economic and social value. This refined approach will streamline the focus on relevant themes, which are now categorized under four distinct visions: Environment, Safety, Human Capital, and Digital Transformation (DX). Over the coming months, MOL will pursue sustainability initiatives based on the metrics and actions established within each of these visions, reinforcing its operational integrity.

MOL encourages stakeholders to review further details of the 'BLUE ACTION 2035' Phase 2 management plan via the following link: Detailed Plan. By committing to such a forward-thinking agenda, MOL not only seeks to enhance its market position but also strives to be a responsible corporate citizen on the global stage.