tiprankstipranks
Advertisement
Advertisement

Idemitsu Kosan Lifts Profit on Lower Sales, Holds Dividend Ahead of IFRS Shift

Story Highlights
  • Idemitsu Kosan increased profits sharply despite lower sales, improving margins and earnings.
  • The company maintained dividends, strengthened its balance sheet, added Fuji Oil, and shifts to IFRS.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Idemitsu Kosan Lifts Profit on Lower Sales, Holds Dividend Ahead of IFRS Shift

Meet Samuel – Your Personal Investing Prophet

An update from Idemitsu Kosan Co ( (JP:5019) ) is now available.

Idemitsu Kosan reported a sharp year-on-year drop in net sales to ¥8.11 trillion for the fiscal year ended March 31, 2026, but significantly improved profitability, with operating income up 30.8% to ¥212.2 billion and net income attributable to owners of the parent surging 65.2% to ¥171.9 billion. The company strengthened its financial position with higher net assets and steady equity ratio, maintained an annual dividend of ¥36 per share with a lower payout ratio, boosted cash flows through robust operating activities despite heavier investing outlays, and expanded its consolidation scope by adding Fuji Oil, while preparing to adopt IFRS from fiscal 2027 and providing earnings guidance based on the new standard.

The balance sheet showed total assets rising to ¥5.33 trillion and cash and cash equivalents remaining stable, even as operating cash flow normalized from the prior year’s elevated level and financing outflows declined. For the year ending March 31, 2027, Idemitsu issued an IFRS-based forecast targeting ¥140 billion in income before tax excluding financial costs and ¥75 billion in net income attributable to owners of the parent on an inventory-valuation–adjusted basis, signaling a cautious but stable earnings outlook as it navigates structural changes in reporting and portfolio composition.

The most recent analyst rating on (JP:5019) stock is a Hold with a Yen1060.00 price target. To see the full list of analyst forecasts on Idemitsu Kosan Co stock, see the JP:5019 Stock Forecast page.

More about Idemitsu Kosan Co

Idemitsu Kosan Co., Ltd. is a major Japanese energy company focused on petroleum refining, oil and gas, and related businesses, supplying fuel and petrochemical products primarily to the domestic and regional markets. Listed on the Tokyo Stock Exchange, it operates globally across the energy value chain and is transitioning its reporting standards to IFRS as it aligns with international practices.

Average Trading Volume: 4,588,744

Technical Sentiment Signal: Buy

Current Market Cap: Yen1639B

See more insights into 5019 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1