Revised forecast
Fiscal year ending March 2027 · Six months ended September 2026 and full yearPrevious forecast published 14 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.
As crude oil prices rose amid supply concerns arising from heightened tensions in the Middle East, the Company worked to ensure a stable supply of petroleum products and appropriately pass on costs, among other measures. As a result, operating profit, ordinary income and profit attributable to owners of the parent are expected to exceed the previous forecasts.
| Item | Details |
|---|---|
| Net Sales | 2Q cumulative 278,200 / Full year 615,000 → 2Q cumulative 283,130 / Full year 624,910（2Q cumulative 1.8 / Full year 1.6） |
| Operating profit | 2Q cumulative 7,180 / Full year 15,700 → 2Q cumulative 9,520 / Full year 17,890（2Q cumulative 32.6 / Full year 13.9） |
| Ordinary income | 2Q cumulative 7,880 / Full year 17,500 → 2Q cumulative 10,410 / Full year 19,570（2Q cumulative 32.1 / Full year 11.8） |
| Profit attributable to owners of the parent | 2Q cumulative 4,780 / Full year 11,000 → 2Q cumulative 6,480 / Full year 12,050（2Q cumulative 35.6 / Full year 9.5） |
| Net income per share | 2Q cumulative 156.21 / Full year 359.48 → 2Q cumulative 211.77 / Full year 393.8 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months ended September 2026 and full year |
| Publication date of previous forecast | 14 May 2026 |
| Previous-period results | 2Q cumulative Net Sales 268,309 / Operating profit 7,111 / Ordinary income 7,681 / Interim net income attributable to owners of the parent 4,746 / Interim net income per share 155.12 / Full year Net Sales 583,078 / Operating profit 16,975 / Ordinary income 18,655 / Profit attributable to owners of the parent 11,900 / Net income per share 388.91 |
| Reason for the revision | As crude oil prices rose amid supply concerns arising from heightened tensions in the Middle East, the Company worked to ensure a stable supply of petroleum products and appropriately pass on costs, among other measures. As a result, operating profit, ordinary income and profit attributable to owners of the parent are expected to exceed the previous forecasts. |
| Dividend forecast revision | Increased from ¥65 to ¥68 for the interim dividend, from ¥65 to ¥68 for the year-end dividend, and from ¥130 to ¥136 for the annual dividend |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.As crude oil prices rose amid supply concerns arising from heightened tensions in the Middle East, the Company worked to ensure a stable supply of petroleum products and appropriately pass on costs, among other measures. As a result, operating profit, ordinary income and profit attributable to owners of the parent are expected to exceed the previous forecasts. The dividend forecast was revised after comprehensively considering the basic policy on returning profits to shareholders, the long-term management policy revised in May 2026, and the revisions to the earnings forecasts.