FAQ / Contact

The Company was established in July 1899 by founder Torakichi Iino in Maizuru, Kyoto Prefecture. The Company began by engaging in transportation of coal by barge, as well as stevedoring. Information on the Company's history, from its establishment to the present day, is presented in "History of IINO LINES."

We are a company that has been engaged in both the Shipping Business, operating a fleet of roughly 100 vessels, and the Real Estate Business, mainly leasing office buildings in central Tokyo. In the Shipping Business, we contribute to the global economy through marine transport by operating oil tankers, large LPG and LNG carriers, medium and small gas carriers, and dry bulk carriers, in addition to our mainstay chemical tankers. In the Real Estate Business, on top of leasing office buildings, we are also participating in the overseas office building business, and developing the hall business and photo studio business.
For details, please refer to "IINO Business."

At IINO LINES, our Corporate Philosophy: IINO PURPOSE states "Connecting Wishes. Building a Brighter Future. Always Safety First. Moreover, in our mid-term management plan "The Adventure~Future" (FY2023-FY2025), we formulated in May 2023, we are continuing our pursuit of "IINO VISION for 2030" as the goal set forth under the previous mid-term management plan, namely, our aim to be "an independent global corporate group that responds to the demands of the times and continues to evolve with creative ideas."
For details, please refer to our Corporate Philosophy and Mid-term Management Plan.

The IINO Group is unique in that it grows its business in both the Shipping Business (Oceangoing Shipping and Domestic / Short-sea Shipping), as well as the Real Estate Business. We strike a healthy balance in the management of both of these businesses in a business model, what we call the "IINO MODEL," that is based on the dual business pillars of the Shipping Business, which grows in line with the expansion of the global economy albeit with high market volatility, and the Real Estate Business, with its stable revenue given relatively stable markets. This model also offers a complimentary effect through risk dispersion. In addition, in the Shipping Business, IINO Group's mainstay are its chemical tankers, and its fleet of such vessels is among the industry's top class.
For details at "What's IINO" and "What is a Chemical Tanker?"

Every year our fiscal year ends on March 31.
For details at our "IR Schedule."

Our latest announcements of financial results is available in our IR Library.

Major factors affecting our business results include maritime cargo movements, freight market conditions, foreign exchange rates, and bunker price fluctuations.
In order to reduce the risk of shipping rate market conditions, which are highly volatile, the IINO Group has a mix of medium- to long-term contracts, together with spot contracts, and controls the ratio of these two types of contracts according to each type of vessel.
Regarding foreign exchange rates, since the main source of revenue in the Shipping Business is the dollar, basically, a weakening of the yen is positive for our business performance. Exchange rate sensitivity is available in the "Supplementary Report for Financial Results" for each quarter.
Concerning bunker price fluctuations, bunker prices are basically included in shipping rates.

Of the vessels operated by IINO Group, some of the chemical tankers, dry bulk carriers, and a large LPG vessel are operated under spot contracts that are affected by market conditions. Other vessel types are covered by medium- to long-term contracts (roughly 3-15 years) and COA contracts (1 year), which are not affected by short-term market conditions, and these contribute to stable profits. Although the spot ratio does not fluctuate significantly, we raise or lower the ratio based on market conditions forecasts in order to secure profits.
The spot ratio is available in the "Supplementary Report for Financial Results" for each quarter.
*A large LPG carrier is market-linked vassel with medium-to long-term contracts, where only the freight rates are linked to the market conditions.

We disclose the latest shipping market conditions in a news release on our website around the middle of every month. For details at the "Financials, Operating Performance, and Shipping Market." We also publish a "Glossary", so please refer to it for terminology related to our business.

With the reopening of the stock exchange in May 1949, the Company was listed on the Tokyo Stock Exchange.
Along with the revisions to market classifications in April 2022, the Company transferred to the Prime Market.

Our stock code is 9119.

Profit dividends are March 31. Interim dividends are September 30.

Refer to "Shareholder Services" on Stock and Ratings page. Please use the link to "Contact for changes of address, requests for buyback of odd-lot shares or sales of additional lots, and other processing."

There are 100 shares per trading unit.

The company entrusts Sumitomo Mitsui Trust Bank, Limited with its share obligations.

Inquiries
Sumitomo Mitsui Trust Bank, Limited
Stock Transfer Agency Business Planning Department
2-8-4 Izumi, Suginami-ku, Tokyo
TEL：0120-782-031(Toll free within Japan)

When using an account at a securities company, etc.
Please contact the securities company with which your account is held.

When using a special account
Please inquire at Sumitomo Mitsui Trust Bank, Limited, the account administrator for special accounts.

Sumitomo Mitsui Trust Bank
Stock Transfer Agency Business Planning Department
TEL：0120-782-031(Toll free within Japan)
Sumitomo Mitsui Trust Bank "Stock Administration Information"

For details at "Sustainability."

For details, please refer to our basic policies and structure of corporate governance at "Enhancing Governance."