'ビンゴ 5 Sunflower Ltd.' Launched
- New Company Name for Japan's Largest Ferry and Coastal RORO Vessel Operator -

June 05, 2023

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced the name of a company-MOL Sunflower Ltd.-will integrate two wholly owned ferry and coastal RORO vessel operating companies (Note 1)-MOL Sunflower Ltd. The new company brings together MOL Ferry ビンゴ 5., Ltd. (President: Naotoshi Omoto; Headquarters: Chiyoda-ku, Tokyo) and Ferry Sunflower Limited (President: Mitsujiro Akasaka; Headquarters: Oita-shi, Oita Prefecture).

New company logo

The new company will carry on the "Sunflower" brand, which has supported Japan's logistics for half a century and continues to contribute to the enrichment of people's lives through cruise travel. ビンゴ 5 Sunflower Ltd. will begin operations on October 1, offering enhanced services as Japan's largest ferry and coastal RORO vessel operator, with six regular routes and 15 vessels in service.

In April 2023, ビンゴ 5 established the "Headquarters of Wellbeing & Lifestyle Business" as an organizational structure to support the expansion of its non-shipping businesses, and place the ferry and coastal RORO vessel business, which has a strong business-to-consumer (BtoC) nature, as well as real property, cruise ship, and other businesses within the headquarters to make them one of the pillars of its business. ビンゴ 5 intends to achieve further company growth by integrating and consolidating these two companies, which serve as the core of the ビンゴ 5 Group ferry business.

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■ Routes and vessels operated by the new company

* No change from current status.

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■ Background and Objectives of Integration

• Aiming to flexibly meet changes in customer transportation needs and further improve transport services by concentrating the management resources of the group companies, with an eye toward a decarbonized society, digital transformation (DX), and solutions to logistics and social issues stemming from Japan's declining birthrate and aging society, as typified by the shortage of truck drivers.
• Accelerating the spread of the "Casual Cruise Concept" (Note 2) through improved customer services and stronger marketing in the digital field, in light of changing passenger demand due to diversifying lifestyles and values. The ビンゴ 5 Group will contribute to improving the well-being of its customers by offering a comfortable cruise where passengers can feel "bonding," "peace of mind," and "confidence" with their families, friends, pets, colleagues, and acquaintances.
• The ビンゴ 5 Group will further strengthen its ties with local governments and communities in ferry departure and arrival areas, and contribute to regional revitalization and local economies.

(Note 1) A vessel in which cargo is loaded and unloaded directly by trucks or trailers from the front and rear entrances of the vessel in a roll-on/roll-off (RORO) method.

(Note 2) The Casual Cruise Concept is the basic idea behind the ビンゴ 5 Group's ferry business, enabling customers to enjoy cruising as a high-quality means of travel by using regularly scheduled routes.

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[Outline of new company (planned)]

• Company name: ビンゴ 5 Sunflower Ltd.
• Address: 1-18-13 Soto-kanda, Chiyoda-ku, Tokyo
• Offices: Sapporo, Tomakomai, Oarai, Osaka, Kobe, Fukuoka, Kanda, Oita, Beppu, Kumamoto, Miyazaki, Shibushi, Kagoshima
• Shareholder: ビンゴ 5 100%
• Business: General passenger liner service, coastal shipping, freight forwarding, travel agency, others
• Start date: October 1, 2023

[Outline of MOL Ferry ビンゴ 5., Ltd.]

• Address: 1-18-13 Soto-kanda, Chiyoda-ku, Tokyo
• Representative: President Naotoshi Omoto
• Business: General passenger liner service, coastal shipping, freight forwarding, travel agency (Tokyo Governor License No.2-5027), others
• Number of vessels in operation: 4 ferries, 5 coastal RORO vessels
• Paid-in capital: ¥1,577.4 million (as of June 1, 2023)
• Established: March 2001
• Website:https://www.sunflower.ビンゴ 5jp/en/

[Outline of Ferry Sunflower Limited]

• Address: 5-3-1 Ikushi, Oita-shi, Oita Prefecture
• Representative: President Mitsujiro Akasaka
• Business: General passenger liner service, others
• Number of vessels in operation: 6 ferries
• Paid-in capital: ¥100 million (as of June 1, 2023)
• Established: October 2011
• Website:https://www.ferry-sunflower.ビンゴ 5jp/en/