Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 12 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
Due to strong overseas operations, including fuel oil trading and resource businesses, and changes to the crude oil price outlook, profit before tax excluding financial costs (excluding inventory impact) and profit for the year attributable to owners of the parent (excluding inventory impact) are expected to exceed the previous forecast. The year-end dividend was increased, taking into account the financial position and the potential for progressive dividends over the medium to long term.
| Item | Details |
|---|---|
| Profit attributable to owners of the parent | ¥75,000 million → ¥295,000 million（293.3%） |
| Net income per share | ¥62.00 → ¥244.88 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 12 May 2026 |
| Previous-period results | Dividend per share: interim ¥18, year-end ¥18, annual ¥36 (fiscal year ended March 2026) |
| Reason for the revision | Due to strong overseas operations, including fuel oil trading and resource businesses, and changes to the crude oil price outlook, profit before tax excluding financial costs (excluding inventory impact) and profit for the year attributable to owners of the parent (excluding inventory impact) are expected to exceed the previous forecast. The year-end dividend was increased, taking into account the financial position and the potential for progressive dividends over the medium to long term. |
| Dividend forecast revision | The interim dividend remains unchanged at ¥18, while the year-end dividend was revised upward from ¥18 to ¥22 and the annual dividend from ¥36 to ¥40. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (4)
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 earnings forecast was revised upward due to strong overseas operations, including fuel oil trading and resource businesses, as well as changes to the crude oil price outlook. The year-end dividend was increased based on the upward revision to the earnings forecast, taking into account the financial position and the potential for progressive dividends over the medium to long term.