Export and import operations that capture fluctuations in crude oil prices
First written in FY2021-Q2. 6 of 9 entries say "Advanced", first in FY2021. Latest entry: 2026-08-06.
No other company in this theme has enough history to compare yet.
- 2026-08-06AdvancedEarnings
「This was mainly attributable to one-time profit from the sale of an affiliate and operations that appropriately captured market conditions.」
Operations that captured market conditions continue to be cited as a factor behind increased profit in the Industrial Business. - FY2026-H1AdvancedAnnual report
「Although profit declined due to the inventory impact in the asphalt business associated with falling market conditions, this was mainly offset by operations that appropriately responded to market conditions and strong performance in businesses including industrial gas sales.」
The company continued operations responding to market conditions, contributing to higher profit in the Industrial Business segment despite the decline in profit caused by the inventory impact on asphalt. - FY2025-H1AdvancedAnnual report
「Profit from operating activities was ¥3.146 billion, up 113.4% from the year-earlier period, and interim net profit attributable to owners of the company was ¥2.369 billion, up 90.3%. This was mainly due to operations that appropriately responded to market conditions and strong performance in businesses including asphalt sales and industrial gas sales.」
Operations responding to market conditions and strong performance in asphalt, industrial gases, and other businesses increased profit from operating activities in the Industrial Business segment by 113.4% year on year and interim net profit by 90.3%. - FY2023AdvancedAnnual report
「This was mainly due to strong performance in businesses including marine fuel sales, industrial gas sales, environmental businesses, and fuel cards for corporate automobile customers, as well as improved import profitability through the effective use of futures and other measures to respond to market movements amid highly volatile overseas markets.」
Regarding import operations responding to market movements, the company explains that the use of futures and other measures improved import profitability, increasing profit from operating activities in the Industrial Business segment by 136.7% year on year. - FY2023-Q3AdvancedAnnual report
「Profit from operating activities was ¥7.995 billion, up 136.7% from the year-earlier period, and quarterly net profit attributable to owners of the company was ¥5.518 billion, up 129.1%. This was mainly due to strong performance in businesses including marine fuel sales, industrial gas sales, environmental businesses, and fuel cards for corporate automobile customers, as well as improved import profitability through the effective use of futures and other measures to respond to market movements amid highly volatile overseas markets.」
The company improved import profitability by responding to market movements through the use of futures and other measures, increasing profit from operating activities in the Industrial Business segment by 136.7% year on year and quarterly net profit by 129.1%. - FY2022Cited as achievedAnnual report
「Gross profit increased by ¥471 million from the previous fiscal year to ¥86.889 billion. The main factors were that, although sales volumes declined in all segments due to the impact of COVID-19, sales of household LP gas remained firm on stay-at-home demand, along with operations in the petroleum products import and export business that responded to crude oil price movements.」
The disclosure cites operations responding to crude oil price movements as a source of earnings in prior years and explains that the current fiscal year saw a reversal of those one-time earnings. - FY2022-Q1Cited as achievedAnnual report
「Profit from operating activities was ¥4.325 billion, down 2.7% from the year-earlier period. This was mainly due to the recovery in sales at the automobile dealership business, which offset the reversal of one-time earnings generated by operations responding to crude oil price movements in the year-earlier period. The impact of COVID-19 had diminished from the year-earlier period, and sales volumes were on a recovery trend.」
The disclosure characterizes the operations responding to crude oil price movements in the year-earlier period as one-time earnings in the historical results, stating that their reversal was a factor behind the decline in operating profit in the current quarter. - FY2021AdvancedAnnual report
「Profit from operating activities was ¥5.01 billion, up 37.7% from the previous fiscal year, and net profit attributable to owners of the company was ¥3.857 billion, up 51.8%. This was mainly due to operations in the petroleum products import and export business that responded to crude oil price movements, as well as reductions in operating expenses.」
Operations responding to crude oil price movements and reductions in operating expenses increased profit from operating activities in the Industrial Business segment by 37.7% and net profit by 51.8%. - FY2021-Q2First statedAnnual report
「In the petroleum products import and export business, operations responding to crude oil price movements proved effective, and earnings exceeded the year-earlier period.」
The disclosure states that the petroleum products import and export business implemented operations responding to crude oil price movements, resulting in earnings exceeding the year-earlier period.