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modec inc (6269) Snapshot

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modec inc (6269) Details

MODEC, Inc., a general contractor, engages in the engineering, procurement, construction and installation of floating production systems worldwide. The company offers floating production storage and offloading vessels; floating storage and offloading vessels; tension leg platforms; production semi-submersibles; FLNGs; mobile offshore production units; and other technologies. It also provides floating production system operation and maintenance services. The company was founded in 1968 and is headquartered in Tokyo, Japan. MODEC, Inc. is a subsidiary of Mitsui Engineering & Shipbuilding Co., Ltd.

3,511 Employees
Last Reported Date: 03/23/18
Founded in 1968

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Executives, Board Directors

modec inc
Modec, Inc. Appoints Takeshi Kanamori as Director and Executive Vice President with Effect from March 23, 2018

MODEC, Inc. appointed Takeshi Kanamori as Director and Executive Vice President with effect from March 23, 2018.

MODEC, Inc., Board Meeting, Feb 06, 2018

MODEC, Inc., Board Meeting, Feb 06, 2018. Agenda: To consider the plan for change in its Directors.

MODEC, Inc. Announces Board Changes

At its Board of Directors Meeting held on February 6, 2018, MODEC, Inc. decided on a plan for change in its Directors. The appointment is subject to the approval at the Annual General Meeting of the Shareholders to be held on March 23, 2018. The Candidate for New Director are Takeshi Kanamori, current title as Senior Executive Managing Officer, Mitsui & Co. Ltd. Yuji Kozai, current title as Executive Officer, Deputy General Manager of Corporate Planning Hq. and General Manager of Corporate Planning Dept., Mitsui Engineering & Shipbuilding Co. Ltd. and Taketsune Matsumura as General Manager of Strategic Planning Sect., Corporate Planning Dept., Corporate Planning Hq. and Manager of IR Dept., Mitsui Engineering & Shipbuilding Co. Ltd. The company also announced that the Directors to Resign are: Shinsuke Minoda and Shinsuke Nippo.


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Valuation 6269 Industry Range
Price/Earnings 8.6x
Price/Sales 0.9x
Price/Book 1.2x
Price/Cash Flow 8.2x
TEV/Sales 0.4x

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