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Idemitsu Kosan Revises Earnings Forecasts Upwards Amidst Strong Petroleum Performance

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Idemitsu Kosan Revises Earnings Forecasts Upwards Amidst Strong Petroleum Performance

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

Idemitsu Kosan Co., Ltd. has revised its consolidated earnings forecasts for the fiscal year ending March 31, 2025, reflecting improved performance in its petroleum segment and the impact of JPY depreciation. The company anticipates a significant increase in operating and net income, with net sales projected to rise by 5.7% and operating income by 20.7%, indicating a robust financial outlook.

More about Idemitsu Kosan Co

Idemitsu Kosan Co., Ltd. operates in the energy sector, with a focus on petroleum and related products. It is a key player in the Japanese market, known for its contributions to the energy supply chain and its role in domestic petroleum distribution.

YTD Price Performance: 2.99%

Average Trading Volume: 1,618

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $9.47B

For detailed information about 5019 stock, go to TipRanks’ Stock Analysis page.

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