Feb 09, 2021 / NTS GMT
Presentation
Feb 09, 2021 / NTS GMT
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Corporate Participants
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* Noriaki Sakai
Idemitsu Kosan Co.,Ltd. - Senior Executive Officer & CFO
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Noriaki Sakai - Idemitsu Kosan Co.,Ltd. - Senior Executive Officer & CFO
My name is Sakai. I would like to explain our financial results using our presentation materials.
The first slide is a summary of our financial results. Segment profits in the third quarter of financial year 2020 decreased by JPY 74.1 billion year-on-year to JPY 13.4 billion. The significant remaining inventory impact losses of JPY 59.4 billion were a major factor in the year-on-year decrease. Profit, excluding inventory impact, decreased by JPY 23.9 billion year-on-year to JPY 72.8 billion due to reduced income from the resources segment, among other factors. We also reported a significant year-on-year decrease in net income to a net loss of JPY 7.5 billion.
This slide shows our forecast for the fiscal year. This time, we revised our crude oil price assumption
Q3 2021 Idemitsu Kosan Co Ltd Earnings Presentation Transcript
Feb 13, 2024
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