Craft

MODEC

Stock Price

¥3.3 K

2024-10-29

Market Capitalization

¥225.8 B

2024-10-29

Revenue

$4.6 B

FY, 2025

MODEC Summary

Company Summary

Overview
MODEC (三井海洋開発株式会社) is a company specializing in the engineering, procurement, construction, and operation of floating production systems for the offshore oil and gas industry. It provides floating production storage and offloading (FPSO) units, floating storage and offloading (FSO) units, tension leg platforms (TLPs), and production semi-submersibles. 
Type
Public
Status
Active
Founded
1968
HQ
Tokyo, JP | view all locations
Website
https://www.modec.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Takeshi Kanamori

    Takeshi Kanamori, Chairman Executive Officer

    • Hirohiko Miyata

      Hirohiko Miyata, Representative Director, President & CEO (Chief Executive Officer)

    • Yasuhiro Takano

      Yasuhiro Takano, Director, Executive Vice President

    • Hiroko Noda

      Hiroko Noda, External Director

      Operating MetricsView all

      New Orders

      $8.7B
      497.8%

      FY, 2023

      Order Backlog

      $16.8B
      55.9%

      FY, 2023

      LocationsView all

      20 locations detected

      • Tokyo, Tokyo HQ

        Japan

        Nihonbashi Maruzen Tokyu Building 4th & 5th Floors 3-10, Nihonbashi 2-chome, Chuo-ku

      • Houston, TX

        United States

        15011 Katy Fwy #500

      • Luanda, Luanda

        Angola

        Alameda do Príncipe Real

      • Perth, WA

        Australia

        Level 7, 225 St Georges Terrace

      • Rio de Janeiro, RJ

        Brazil

        Av. Pref. Aristeu Ferreira da Silva - Granja dos Cavaleiros

      • Rio de Janeiro, RJ

        Brazil

        Praia de Botafogo, 186 - 3º andar - Flamengo

      and 14 others

      MODEC Financials

      Summary Financials

      Revenue (FY, 2025)
      $4.6B
      Gross profit (FY, 2025)
      $560.6M
      Net income (FY, 2025)
      $410.7M
      Cash (FY, 2025)
      $1.3B
      EBIT (FY, 2025)
      $465.2M
      Enterprise value
      $224.8B

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