MITSUI 0.S.K. LINES,EXCELLENT AND RESILIENT COMPANY

Personal history I began my career with Mitsui O.S.K. Lines (MOL) upon graduation from Kyoto University in 1967. During my 38-year career at the company, I have been involved in a broadrange of maritime activities, and have witnessed dramaticchanges in the industry as it has sought to meet the changingneeds of societies and the globalization of economies. Keyevents in my career include a posting to Mitsui O.S.K. Lines'San Francisco Representative Office from 1975 to 1979;becoming a staff officer of the Planning Division in 1987,followed by a promotion to Deputy General Manager of theDivision in 1988; appointment as General Manager of Europeand Oceania Division in 1993; being elected to a directorshipin 1996; promotion to Managing Director in 1998, SeniorManaging Director in 2000, Deputy President in 2003, andfinally President in 2004. For me, the shipping industry isboth a business and a passion. I am extremely excited aboutthe changes and challenges that lie ahead for the industry aswe begin the 21st Century, and consider myself to be in amost enviable position leading Mitsui O.S.K. Lines, acompany at the vanguard of shipping developments, in theseexhilarating times.