Corporate Philosophy
:Connecting Wishes. Building a Brighter Future. Always Safety First.
IINO In Numbers
As of March 31, 2024
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- Year of founding
- 1899
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- Number of employees
-
669
(consolidated)
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- Fleet in operation
- 93vessels
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- Number of office properties
- 9buildings
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- Revenues
- 138.0billion yen
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- Operating profit
- 19.1billion yen
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- Capital
- 13.1billion yen
About IINO
Our Business Model comprises two pillars: the Shipping Business and the Real Estate Business
A business model that blends the Shipping Business with major market fluctuations, together with the Real Estate Business where market fluctuations are relatively minor.
IINO's business model is based on the two pillars of Shipping, which grows in tandem with the expansion of the global economy but is subject to high market volatility, and the Real Estate business, which is relatively little change in market fluctuations and secures stable revenues.
Shipping Business
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- Oil Tankers
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To ensure a stable supply of oil energy, we are committed to safe and reliable transportation.
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- Chemical Tankers
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Using primarily chemical tankers with stainless-steel tanks, we transport petrochemical products, methanol, and other liquid cargoes worldwide.
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- Dry Bulk Carriers
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We contribute to industry and living through the stable transport of raw materials and energy resources.
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- Large Gas Carriers
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We transport a diverse range of raw materials and energy resources, including LPG (liquefied petroleum gas) and LNG (liquefied natural gas).
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- Medium and Small Gas Carriers
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We transport a variety of cargoes, such as LPG (liquefied petroleum gas), VCM (vinyl chloride monomer), propylene, LNG (liquefied natural gas), etc., with Tokyo and Singapore as our main bases.
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- Domestic Gas Carriers
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In short-sea and domestic areas, we transport an array of cargoes including LPG (liquefied petroleum gas) and petrochemical gas.
Real Estate Business
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- Domestic Real Estate Business
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We own six office buildings, mainly in Tokyo. Basically, the Group operates and manages these properties on its own, or by cooperating with other companies, providing high-quality office space.
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- Overseas Real Estate Business
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Beyond our office building leasing business targeting the central Tokyo area, we also work to expand an overseas real estate business. In London, UK, we have acquired two office buildings. In the U.S., we invest in two building real estate projects.
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- IINO Hall &
Conference Center -
We manage and operate a 500-seat theater-style multi-purpose hall, established within the IINO Building.
- IINO Hall &
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- IINO Studios
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In addition to the operation of studios, we also have a photo retouch division and a production division that handles photography coordination services in and outside of Japan, offering an array of photography-related services.
IINO VISION for 2030
Our mid-term management plan, "The Adventure to Our Sustainable Future," is how we are promoting the creation of shared value to realize our long-term goal, IINO VISION for 2030.
By advancing the strategies of the mid-term management plan, we aim to achieve the numerical targets set forth in the financial and non-financial sections of the plan.
- Numerical Financial Targets (FY2025)
-
-
- Ordinary profit
-
13.0-14.0
billion yen
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- ROIC
*ROIC = Net Operating Profit After Adjusted Taxes ÷ Invested Capital -
4-5％
- ROIC
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- ROE
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9-10％
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- D/E Ratio
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max.1.5times
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- Non-Financial Numerical Targets
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- Number of serious accidents
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Zerocases
Serious accidents stipulated by the Group regulations (vessels, buildings, and information systems)
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- GHG Reduction Rate
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- 2025
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- Shipping Business(vs. Year 2020)
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20％
- Real Estate Business (vs. Year 2013)
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75％
- Year 2050 Company-wide
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Net Zero
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- Short-term Overseas Training
and Expatriate Experience -
Cumulative total at the end of FY202575persons or more
- Short-term Overseas Training
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- Human Rights Training Participation Rate
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FY2023-FY2025100％
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Dividend Policy
We consider the return of profits to our shareholders to be an important management issue, and in the Management Policy, IINO COMMITMENT, we promise to enhance corporate value and implement rewarding shareholder returns by focusing on sustainable growth. We will pay dividends based on the following policy.
- Corporate growth through the use of internal reserves
We secure and utilize internal reserves necessary to maintain and strengthen the business foundation to respond to changes in the business environment and to make new investments for sustainable growth. - Clarification of shareholder-oriented stance
We provide appropriate and transparent returns to shareholders by linking dividends to corporate growth. - Maintain continuous dividends
We maintain continuous dividends based on stable earnings.
We aim to maintain stable dividends linked to full-year business performance.*
* Consolidated dividend payout ratio: 30% of net income attributable to shareholders of the parent company as a benchmark
Sustainability
The IINO Group's corporate philosophy is "Connecting Wishes. Building a Brighter Future. Always Safety First." To this end, we perform corporate activities that will lead to solutions to environmental and social issues. Moreover, through our management that places emphasis on sustainability, we strive to increase corporate value over the medium- to long-term, and to contribute to achieving a sustainable society.
Safety and Security
We give utmost priority to safety and security as permanent materiality
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- Environment
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- Environmental Management
- Responding to Climate Change/Support for TCFD Recommendations
- Prevention of Air Pollution and Waste Reduction
- Preserving of Biodiversity
- Preservation of Water Resources
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- Social
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- Strengthening Diversity and Human Capital
- Respect for Human Rights
- Responsible Procurement
- Contribution for Society
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- Governance
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- Enhancing Governance
- Ensuring Thorough Compliance
- Developing more Sophisticated Risk Management
- Information Security