Results for this period
First quarter1 April 2026–30 June 2026ConsolidatedIFRSThe 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.
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.
The main factors included the prolonged timing lag in crude oil costs resulting from longer voyage times due to the worsening situation in the Middle East, an increase in the positive time-lag effect accompanying higher crude oil prices, a positive inventory impact, wider product price spreads resulting from higher naphtha prices, the absence of the one-time gain from step acquisitions recorded in the previous fiscal year, scheduled maintenance and power plant troubles, and volume, unit price, cost and foreign exchange effects.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 June 2026 |
| Net Sales | ¥2,271,753 million (YoY +23.8%) |
| Operating profit | ¥307,462 million |
| Ordinary income | ¥316,885 million |
| Profit attributable to owners of the parent | ¥217,504 million (YoY +696.0%) |
| Net income per share | ¥179.63 |
| Equity ratio | End of the current fiscal period 27.2 / End of previous period 27.8 |
| Total assets | ¥6,056,972 million |
| Net assets | ¥1,676,961 million |
| Cash and cash equivalents at end of period | ¥377,662 million |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income ¥75,000 million (YoY -57.4%) / Supplementary indicators Profit before tax excluding financial costs (excluding inventory impact) ¥140,000 million (YoY -48.6%) / Profit attributable to owners of the parent (excluding inventory impact) ¥90,000 million (YoY -54.0%) |
| Annual Dividend Forecast | ¥36 → ¥36（0.0%） |
| Segment revenue | Fuel oil ¥1,924,037 million (YoY +25.9%), Basic Chemicals ¥112,822 million (YoY +14.4%), High-Performance Materials ¥147,586 million (YoY +14.4%), Electricity and Renewable Energy ¥19,373 million (YoY -21.7%), Resource ¥65,854 million (YoY +26.3%), Other ¥2,079 million (YoY -37.6%) |
| Segment profit | Fuel oil ¥293,802 million, Basic Chemicals ¥85 million, High-Performance Materials ¥14,524 million (YoY -15.6%), Electricity and Renewable Energy ¥-1,304 million, Resource ¥18,914 million (YoY +47.0%), Other ¥136 million (YoY +825.3%) |
| Depreciation and amortization | ¥55,036 million |
| Disclosure regarding the going concern assumption | 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 | New 0 companies (no material changes) / Excluded 0 companies (no material changes) / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 1,223,217,590 Shares |
| Treasury Shares at Period-End | 24,605,215 Shares |
| Factors Behind Changes in Business Performance | The main factors included the prolonged timing lag in crude oil costs resulting from longer voyage times due to the worsening situation in the Middle East, an increase in the positive time-lag effect accompanying higher crude oil prices, a positive inventory impact, wider product price spreads resulting from higher naphtha prices, the absence of the one-time gain from step acquisitions recorded in the previous fiscal year, scheduled maintenance and power plant troubles, and volume, unit price, cost and foreign exchange effects. |
Items this document does not state (12)
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.The Fuel Oil segment posted a significant increase in profit, driven by the prolonged timing lag in crude oil costs resulting from higher crude oil prices and longer voyage times due to the worsening situation in the Middle East, as well as an increase in the positive time-lag effect accompanying the rise in crude oil prices since March. In Basic Chemicals, a positive inventory impact contributed to higher profit, while in High-Performance Materials, wider product spreads resulting from higher naphtha prices were a profit driver. Power and Renewable Energy was affected by scheduled maintenance and power plant troubles.