#IdemitsuKosan

Idemitsu Kosan's consolidated net profit for the fiscal year ending March 2026 was 171.9 billion yen, approximately 1.7 times higher than the previous year, while net sales declined by 11.8% to 8.105 trillion yen. Segment-wise, sales of fuels and chemicals decreased, but net profit increased significantly.

For FY2025, operating + equity income was 244.1 billion yen (+16.2% YoY), and net income attributable to owners of the parent was 192.3 billion yen (+54.1% YoY), both showing profit growth. The dividend is 36 yen per share, and a share buyback of 25 billion yen was approved.

Idemitsu Kosan's consolidated earnings forecast for the 2026 fiscal year shows discrepancies between projected and actual results, with sales of ¥8,105,891 million (up 2.0% YoY), operating income of ¥212,203 million, and net income attributable to owners of parent of ¥171,914 million. The increase was primarily due to rising crude oil prices and foreign exchange impacts affecting the fuel oil segment...

Idemitsu Kosan resolved at the Board of Directors meeting on May 12, 2026, to acquire treasury stock up to 25 billion yen and cancel all shares. The acquisition period is from November 12, 2026, to March 11, 2027, and the shares acquired will be canceled by March 31, 2027.

Idemitsu Kosan has formulated a mid-term management plan for 2026-2030, rebalancing its business and human resources strategies. The ROE targets are 12% for 2027-2028 and 13% for 2030. The planned investment amount is a cumulative 1.8 trillion yen, with a dividend payout ratio of over 50%, and the adoption of IFRS has been decided.

The medium-term management plan for 2026-2030 aims for a cumulative investment of 1.8 trillion yen, ROE of 12-13% or higher, ROIC of over 7%, and pre-tax profit of 360 billion yen, emphasizing strategic recalibration and strengthening earning capacity.

Idemitsu Kosan announced the revision of its performance-linked stock compensation system, scheduled for approval at the General Meeting of Shareholders on June 24, 2026. The revision includes adjustments to the contribution amount and indicators, aiming to enhance corporate value and share value chain through medium- to long-term initiatives.

Idemitsu Kosan Co., Ltd. has made an internal decision regarding changes in its directors and executives, effective as of June 24, 2026. Shunichi Kito is scheduled to assume the role of Chairman, and Takashi Sakata will become the new CFO.

Idemitsu Kosan announced the acquisition of 7,502,300 shares through market purchases in April 2026, totaling approximately 10.9 billion yen.

Idemitsu Kosan Co., Ltd. entered into a loan agreement with an independent administrative institution on April 30, 2026, for 174,095 million yen as funds for crude oil stockpiling purchases.

On April 30, 2026, 65,529,800 shares (5.1% of the total issued shares) of treasury stock will be cancelled, resulting in a total of 1,223,217,590 shares outstanding after cancellation.

From March 1 to March 31, 2026, 1,571,700 shares of treasury stock were acquired through market purchases for a total consideration of 2,308,890,650 yen.