Worth reading
49Recurring
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
80.1
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 2026ConsolidatedJapanese GAAPNet Sales301,942¥ millionYear on year -2.1%Progress 47.9%
Operating profit6,816¥ millionYear on year +80.1%Progress 50.5%
Ordinary income7,523¥ millionYear on year +74.6%Progress 50.2%
Net income attributable to owners of the parent4,822¥ millionYear on year +70.5%Progress 51.8%
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¥78.03
Financial position at period-end
Total assets210,106¥ million
of which net assets 124,836 ¥ millionEquity ratio 56.3%vs. prior year-end +1.6pt
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+2,380
Investment-4,912
Financials-5,010
Net change-7,542
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¥41,856 million
Segment revenuePetroleum-related business ¥251,908 million (YoY -4.7%), Chemicals ¥7,787 million (YoY +24.5%), Gas-related business ¥30,719 million (YoY +17.7%), Aviation-related business ¥8,818 million (YoY +4.5%), Other Business ¥2,709 million (YoY -14.9%)
Segment profitPetroleum-related business ¥3,191 million (YoY +271.2%), Chemicals ¥1,056 million (YoY +76.1%), Gas-related business ¥895 million (YoY +21.4%), Aviation-related business ¥2,914 million (YoY +0.1%), Other Business ¥805 million (YoY +107.0%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥630,000 million (YoY +3.0%)
Operating profit¥13,500 million (YoY +9.3%)
Ordinary income¥15,000 million (YoY +11.6%)
Net income¥9,300 million (YoY +1.1%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥630,000 million / Operating profit Not disclosed → ¥13,500 million / Ordinary income Not disclosed → ¥15,000 million / Net income Not disclosed → ¥9,300 million
Annual Dividend Forecast¥100 → ¥100（0.0%）
Factors Behind Changes in Business Performance
Revenue declined due to lower sales volumes of petroleum products. Operating profit increased, reflecting the recovery in the performance of キグナス石油株式会社 and higher earnings in the chemicals-related business.
Disclosure regarding the going concern assumption
None
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 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent eventsThe Company increased the upper limit on the number of shares to be acquired under its share repurchase program from 1 million shares to 1.5 million shares and the total acquisition value from ¥2.3 billion to ¥3.55 billion, and extended the acquisition period to 31 March 2027. It also resolved to dispose of up to 227,200 shares of restricted stock for the employee stock ownership plan.
Impairment loss¥0 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥4 million, Gain on sale of investment securities ¥347 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥135 million, Impairment loss ¥0 million
Depreciation and amortization¥2,645 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End63,000,000 shares
Treasury Shares at Period-End1,458,721 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥301,942 million (YoY -2.1%) |
| Operating profit | ¥6,816 million (YoY +80.1%) |
| Ordinary income | ¥7,523 million (YoY +74.6%) |
| Profit attributable to owners of the parent | ¥4,822 million (YoY +70.5%) |
| Net income per share | ¥78.03 |
| Equity ratio | End of the current fiscal period 56.3 / End of previous period 54.7 |
| Total assets | ¥210,106 million |
| Net assets | ¥124,836 million |
| Cash flows from operating activities | ¥2,380 million |
| Cash flows from investing activities | ¥-4,912 million |
| Cash flows from financing activities | ¥-5,010 million |
| Cash and cash equivalents at end of period | ¥41,856 million |
| Full-year earnings forecast | Net Sales ¥630,000 million (YoY +3.0%) / Operating profit ¥13,500 million (YoY +9.3%) / Ordinary income ¥15,000 million (YoY +11.6%) / Net income ¥9,300 million (YoY +1.1%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥630,000 million / Operating profit Not disclosed → ¥13,500 million / Ordinary income Not disclosed → ¥15,000 million / Net income Not disclosed → ¥9,300 million |
| Annual Dividend Forecast | ¥100 → ¥100（0.0%） |
| Segment revenue | Petroleum-related business ¥251,908 million (YoY -4.7%), Chemicals ¥7,787 million (YoY +24.5%), Gas-related business ¥30,719 million (YoY +17.7%), Aviation-related business ¥8,818 million (YoY +4.5%), Other Business ¥2,709 million (YoY -14.9%) |
| Segment profit | Petroleum-related business ¥3,191 million (YoY +271.2%), Chemicals ¥1,056 million (YoY +76.1%), Gas-related business ¥895 million (YoY +21.4%), Aviation-related business ¥2,914 million (YoY +0.1%), Other Business ¥805 million (YoY +107.0%) |
| Depreciation and amortization | ¥2,645 million |
| Impairment loss | ¥0 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥4 million, Gain on sale of investment securities ¥347 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥135 million, Impairment loss ¥0 million |
| Disclosure regarding the going concern assumption | None |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name Not disclosed |
| Material subsequent events | The Company increased the upper limit on the number of shares to be acquired under its share repurchase program from 1 million shares to 1.5 million shares and the total acquisition value from ¥2.3 billion to ¥3.55 billion, and extended the acquisition period to 31 March 2027. It also resolved to dispose of up to 227,200 shares of restricted stock for the employee stock ownership plan. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Not disclosed |
| Issued Shares at Period-End | 63,000,000 shares |
| Treasury Shares at Period-End | 1,458,721 shares |
| Factors Behind Changes in Business Performance | Revenue declined due to lower sales volumes of petroleum products. Operating profit increased, reflecting the recovery in the performance of キグナス石油株式会社 and higher earnings in the chemicals-related business. |
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog
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 declined due to lower sales volumes of petroleum products. Operating profit increased, reflecting the recovery in the performance of キグナス石油株式会社, which had declined in the previous corresponding period, and higher earnings in the chemicals-related business. The full-year forecast was revised after taking into account results through the cumulative second quarter of the current fiscal year and the outlook going forward.
How to read this page
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