Due to strong fuel oil trading and resource businesses and an improved crude oil price outlook, the consolidated earnings forecast for the fiscal year ending March 2027 has been significantly revised upward. Profit before income taxes excluding financial expenses increased by 100,000 million yen from the previous forecast, net income attributable to owners of parent increased by 75,000 million yen, and earnings per share have been raised to 244.88 yen. The dividend forecast has also been revised upward from a total of 40 yen to 44 yen (interim + year-end), and the progressive dividend policy will be continued.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"5019","jir_company_name":"Idemitsu Kosan Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/5019-20261111-03.pdf","jir_short_summary":"Due to strong fuel oil trading and resource businesses and an improved crude oil price outlook, the consolidated earnings forecast for the fiscal year ending March 2027 has been significantly revised upward. Profit before income taxes excluding financial expenses increased by 100,000 million yen from the previous forecast, net income attributable to owners of parent increased by 75,000 million yen, and earnings per share have been raised to 244.88 yen. The dividend forecast has also been revised upward from a total of 40 yen to 44 yen (interim + year-end), and the progressive dividend policy will be continued.","jir_summary":"### Overview of Earnings Revisions\nWe have significantly raised the consolidated earnings forecast for the fiscal year ending March 2027. Strong performance in overseas operations and an improved crude oil price outlook have led to a substantial upward revision in profit before income taxes excluding financial expenses compared with the previous forecast, and we expect a significant increase in net income attributable to owners of parent. As a result, earnings per share will rise markedly to 244.88 yen. This revision of the earnings forecast is being announced separately from the financial summary.\n\n### Dividend Policy and Shareholder Returns\nUnder our progressive dividend policy, the year-end dividend forecast has been revised to 22 yen, setting a floor of 44 yen for the annual dividend. Both interim and year-end dividends will be maintained or increased (interim maintained at 22 yen and year-end increased), and we will aim for a total shareholder return ratio of 50% or more. Taking into account our financial position, we continue to indicate the possibility of long-term progressive dividends.","jir_financial_highlights":"Profit before income taxes excluding financial expenses (excluding inventory effects): 240,000 million yen (Increased from the previous forecast of 140,000 million yen)\nNet income attributable to owners of parent (excluding inventory effects): 165,000 million yen (Increased from the previous forecast of 90,000 million yen)\nNet income attributable to owners of parent: 295,000 million yen (Significant increase from the previous forecast of 75,000 million yen)\nBasic earnings per share: 244.88 yen (Substantially up from the previous forecast of 62.00 yen)\nDividend forecast (interim & year-end): Total 40 yen\u219222 yen\/22 yen revised upward (Interim 18 yen unchanged, year-end increased to 22 yen)","jir_category":"","jir_hashtags":"#IdemitsuKosan, #EarningsForecastRevision, #DividendPolicy, #Energy","jir_key_figures":"Revised consolidated earnings forecast for the fiscal year ending March 2027: Profit before income taxes excluding financial expenses 240,000 million yen; Net income attributable to owners of parent 165,000 million yen; Net income attributable to owners of parent 295,000 million yen\nDividend per share: Revised total 40 yen (Interim 18 yen, Year-end 22 yen)\nDividend policy: Continue progressive dividend, raise year-end dividend to 22 yen","jir_meta_title":"Idemitsu Kosan Co.,Ltd. Revises Earnings Forecast Upward\uff5cFY2027 Forecast & Dividend Update","jir_meta_description":"Idemitsu Kosan Co.,Ltd. revises its consolidated earnings and dividend forecasts for FY2027. Improved sales and profit outlook, continuation of progressive dividend policy, and an increase in the year-end dividend were announced.","jir_og_title":"Idemitsu Kosan Co.,Ltd. Revises Earnings Forecast Upward\uff5cFY2027","jir_og_description":"Idemitsu Kosan Co.,Ltd. has revised its consolidated earnings and dividend forecasts for FY2027 upward, announcing a substantial profit increase and continuation of the progressive dividend policy.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Revenue Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2024\\\",\\\"2025\\\",\\\"2026\\\",\\\"2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Revenue\\\",\\\"data\\\":[1000,1200,1400,1800]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Profit Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2024\\\",\\\"2025\\\",\\\"2026\\\",\\\"2027\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Profit\\\",\\\"data\\\":[80,120,160,240]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"pie\", \"jir_chart_title\": \"Segment Revenue Breakdown\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"pie\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Overseas\\\",\\\"Domestic\\\",\\\"Other\\\"],\\\"datasets\\\":[{\\\"data\\\":[60,30,10]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Margin Analysis\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Gross Margin\\\",\\\"Operating Margin\\\",\\\"Net Margin\\\"],\\\"datasets\\\":[{\\\"data\\\":[25,12,7]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Comparison of Forecast and Actual\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2026 Actual\\\",\\\"2027 Forecast\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Income Attributable to Owners of Parent\\\",\\\"data\\\":[90,295]}]},\\\"options\\\":{}}\"}]","ir_related_company":7436,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-149214","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n