May 11, 2021 / NTS GMT
Presentation
May 11, 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 of Idemitsu. I would like to go over our financial results using our presentation materials. Page 2 provides a summary of our financial results for fiscal year 2020. Segment income increased to JPY 100.3 billion, supported by positive inventory impact and improved time lag in the petroleum segment. Valuation losses on loans to NSRP were reported as extraordinary losses.
Net income increased by JPY 57.9 billion year-on-year to JPY 34.9 billion. As shown, year-end dividends were in line with the previous announcement at JPY 60 per share for an annual total of JPY 120 per share. Earnings forecast for fiscal year 2021 are shown in Page 3. We forecast segment income of JPY 140 billion and net income of JPY 85 billion, with a recovery in resource prices and reduced
Full Year 2021 Idemitsu Kosan Co Ltd Earnings Presentation Transcript
Feb 13, 2024
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