Worth reading
44Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-14.1
％Wording
Avoiding a definitive answer
How definitive the wording is.Results for this period
First quarter1 January 2026 to 31 March 2026ConsolidatedIFRSNet Sales501,803¥ millionYear on year -6.5%Progress 21.9%
Operating profit278,215¥ millionYear on year -14.1%Progress 20.3%
Ordinary income291,352¥ millionYear on year -13.1%Progress 20.6%
Net income attributable to owners of the parent109,414¥ millionYear on year -13.4%Progress 24.3%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥94.08
Financial position at period-end
Total assets8,019,409¥ million
of which net assets 5,122,733 ¥ millionEquity ratio 61.0%vs. prior year-end -0.4pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash and cash equivalents at end of period¥210,485 million
Segment revenueDomestic O&G ¥57,921 million (YoY -11.0%), Overseas O&G and Ichthys Project ¥98,633 million (YoY +7.8%), Overseas O&G and Other Projects ¥340,705 million (YoY -9.6%), Other ¥4,543 million
Segment profitDomestic O&G ¥1,967 million, Overseas O&G and Ichthys Project ¥70,342 million, Overseas O&G and Other Projects ¥35,102 million, Other ¥-1,481 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales2,004,000～2,291,000
Operating profit1,086,000～1,368,000
Ordinary income1,134,000～1,416,000
Net income350,000～450,000
Revision to Earnings Forecast2Q cumulative Net Sales ¥971,000 million → 1,044,000～1,087,000（7.5～11.9） / Operating profit ¥476,000 million → 579,000～628,000（21.6～31.9） / Income before taxes ¥500,000 million → 604,000～654,000（20.8～30.8） / Quarterly profit attributable to owners of the parent ¥150,000 million → 180,000～214,000（20.0～42.7） / Full year Net Sales ¥1,893,000 million → 2,004,000～2,291,000（5.9～21.0） / Operating profit ¥957,000 million → 1,086,000～1,368,000（13.5～42.9） / Income before taxes ¥1,000,000 million → 1,134,000～1,416,000（13.4～41.6） / Profit for the period attributable to owners of the parent ¥330,000 million → 350,000～450,000（6.1～36.4）
Annual Dividend ForecastCommon shares ¥100.00 → ¥108.00 / Class A shares ¥40,000.00 → ¥43,200.00
Factors Behind Changes in Business Performance
Revenue decreased due to lower selling prices. Lower sales volumes reduced revenue by ¥7.0 billion, lower average unit prices reduced revenue by ¥49.4 billion, the weaker yen increased revenue by ¥12.8 billion, and other revenue increased revenue by ¥8.5 billion.
Disclosure regarding the going concern assumption
None ("There are no applicable matters.")
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 Not disclosed
Changes in the scope of consolidationAdded: 0 companies; excluded: 0 companies
Depreciation and amortization¥101,893 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End1,259,136,067 shares
Treasury Shares at Period-End96,946,200 treasury shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026 to 31 March 2026 |
| Net Sales | ¥501,803 million (YoY -6.5%) |
| Operating profit | ¥278,215 million (YoY -14.1%) |
| Ordinary income | ¥291,352 million (YoY -13.1%) |
| Profit attributable to owners of the parent | ¥109,414 million (YoY -13.4%) |
| Net income per share | ¥94.08 |
| Equity ratio | End of the current fiscal period 61.0% / End of previous period 61.4% |
| Total assets | ¥8,019,409 million |
| Net assets | ¥5,122,733 million |
| Cash and cash equivalents at end of period | ¥210,485 million |
| Full-year earnings forecast | Net Sales 2,004,000～2,291,000 / Operating profit 1,086,000～1,368,000 / Ordinary income 1,134,000～1,416,000 / Net income 350,000～450,000 |
| Revision to Earnings Forecast | 2Q cumulative Net Sales ¥971,000 million → 1,044,000～1,087,000（7.5～11.9） / Operating profit ¥476,000 million → 579,000～628,000（21.6～31.9） / Income before taxes ¥500,000 million → 604,000～654,000（20.8～30.8） / Quarterly profit attributable to owners of the parent ¥150,000 million → 180,000～214,000（20.0～42.7） / Full year Net Sales ¥1,893,000 million → 2,004,000～2,291,000（5.9～21.0） / Operating profit ¥957,000 million → 1,086,000～1,368,000（13.5～42.9） / Income before taxes ¥1,000,000 million → 1,134,000～1,416,000（13.4～41.6） / Profit for the period attributable to owners of the parent ¥330,000 million → 350,000～450,000（6.1～36.4） |
| Annual Dividend Forecast | Common shares ¥100.00 → ¥108.00 / Class A shares ¥40,000.00 → ¥43,200.00 |
| Segment revenue | Domestic O&G ¥57,921 million (YoY -11.0%), Overseas O&G and Ichthys Project ¥98,633 million (YoY +7.8%), Overseas O&G and Other Projects ¥340,705 million (YoY -9.6%), Other ¥4,543 million |
| Segment profit | Domestic O&G ¥1,967 million, Overseas O&G and Ichthys Project ¥70,342 million, Overseas O&G and Other Projects ¥35,102 million, Other ¥-1,481 million |
| Depreciation and amortization | ¥101,893 million |
| Disclosure regarding the going concern assumption | None ("There are no applicable matters.") |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | Added: 0 companies; excluded: 0 companies |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 1,259,136,067 shares |
| Treasury Shares at Period-End | 96,946,200 treasury shares |
| Factors Behind Changes in Business Performance | Revenue decreased due to lower selling prices. Lower sales volumes reduced revenue by ¥7.0 billion, lower average unit prices reduced revenue by ¥49.4 billion, the weaker yen increased revenue by ¥12.8 billion, and other revenue increased revenue by ¥8.5 billion. |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Material subsequent events
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Quarterly results were mainly affected by lower selling prices. The full-year forecast was revised because assumptions for crude oil prices and foreign exchange rates from the second quarter onward were reviewed in light of stable operations at the Ichthys Project and elsewhere. The forecast is presented as a range because uncertainty surrounding the situation in the Middle East has increased.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.