Worth reading
58In focus
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
644.6
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRSNet Sales5,055,927¥ millionYear on year +33.6%
Operating profit425,675¥ millionYear on year +644.6%
Ordinary income449,862¥ millionYear on year +510.9%
Net income attributable to owners of the parent322,439¥ millionYear on year +422.5%Progress 109.3%
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¥267.65
Financial position at period-end
Total assets6,251,277¥ million
of which net assets 1,754,436 ¥ millionEquity ratio 27.6%vs. prior year-end -0.2pt
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 inflows and outflows
Operating-339,397
Investment-121,035
Financials+397,056
Net change-63,376
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥303,572 million
Segment revenue
Fuel oil42,14483.4%+34.5%
Basic Chemicals3,3066.5%+40.6%
High-Performance Materials3,1226.2%+22.0%
Power and Renewable Energy4780.9%-12.1%
Resources1,4422.9%+48.8%
Other690.1%-28.4%
Segment profit
Fuel oil3,914
Basic Chemicals13
High-Performance Materials353+16.7%
Power and Renewable Energy-36
Resources386+97.3%
Other6+8.3%
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net income¥295,000 million (YoY +67.4%)
Revision to Earnings ForecastNot disclosed → Profit before tax excluding financial costs (excluding inventory impact) 240,000 (YoY -11.9%) / Profit attributable to owners of the parent (excluding inventory impact) 165,000 (YoY -15.6%) / Profit for the year attributable to owners of the parent 295,000 (YoY +67.4%)
Annual Dividend Forecast¥36 → ¥40（+11.1%）
Factors Behind Changes in Business Performance
Revenue increased due to factors including higher crude oil prices. Operating profit increased due to the inventory impact of higher crude oil prices, a positive time-lag impact, and strong trading performance.
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 consolidationNew 0 companies / Excluded 0 companies / Company name Not applicable
Depreciation and amortization¥107,308 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End1,223,217,590 shares
Treasury Shares at Period-End25,724,745 treasury shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥5,055,927 million (YoY +33.6%) |
| Operating profit | ¥425,675 million (YoY +644.6%) |
| Ordinary income | ¥449,862 million (YoY +510.9%) |
| Profit attributable to owners of the parent | ¥322,439 million (YoY +422.5%) |
| Net income per share | ¥267.65 |
| Equity ratio | End of the current fiscal period 27.6 / End of previous period 27.8 |
| Total assets | ¥6,251,277 million |
| Net assets | ¥1,754,436 million |
| Cash flows from operating activities | ¥-339,397 million |
| Cash flows from investing activities | ¥-121,035 million |
| Cash flows from financing activities | ¥397,056 million |
| Cash and cash equivalents at end of period | ¥303,572 million |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income ¥295,000 million (YoY +67.4%) |
| Revision to Earnings Forecast | Not disclosed → Profit before tax excluding financial costs (excluding inventory impact) 240,000 (YoY -11.9%) / Profit attributable to owners of the parent (excluding inventory impact) 165,000 (YoY -15.6%) / Profit for the year attributable to owners of the parent 295,000 (YoY +67.4%) |
| Annual Dividend Forecast | ¥36 → ¥40（+11.1%） |
| Segment revenue | Fuel oil ¥42,144 100 million (YoY +34.5%) / Basic Chemicals ¥3,306 100 million (YoY +40.6%) / High-Performance Materials ¥3,122 100 million (YoY +22.0%) / Power and Renewable Energy ¥478 100 million (YoY -12.1%) / Resources ¥1,442 100 million (YoY +48.8%) / Other ¥69 100 million (YoY -28.4%) |
| Segment profit | Fuel oil ¥3,914 100 million / Basic Chemicals ¥13 100 million / High-Performance Materials ¥353 100 million (YoY +16.7%) / Power and Renewable Energy ¥-36 100 million / Resources ¥386 100 million (YoY +97.3%) / Other ¥6 100 million (YoY +8.3%) |
| Depreciation and amortization | ¥107,308 million |
| 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 / Excluded 0 companies / Company name Not applicable |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 1,223,217,590 shares |
| Treasury Shares at Period-End | 25,724,745 treasury shares |
| Factors Behind Changes in Business Performance | Revenue increased due to factors including higher crude oil prices. Operating profit increased due to the inventory impact of higher crude oil prices, a positive time-lag impact, and strong trading performance. |
Items this document does not state (9)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Disclosure regarding the going concern assumptionMaterial 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.Revenue increased due to factors including higher crude oil prices. Operating profit increased due to the inventory impact of higher crude oil prices in the Petroleum Products segment, a positive time-lag impact, and strong trading performance. The full-year forecast was revised after taking into account the interim-period results and the outlook for the remainder of the year.
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.