2023.11.28
Taiyo Oil hereby announces the interim financial statement for the 87th fiscal year (April 1, 2023 to March 31, 2024).
Summary of the 87th fiscal year interim financial statement
For the current fiscal year, our sales volume increased from the previous year, during which large-scale periodic maintenance work at the Shikoku Operations was implemented, due to the period of such periodic maintenance work on this occasion being relatively short. Furthermore, from around the middle of the period, crude oil prices increased, and unit sales prices rose, so sales amounted to 344.9 billion yen (an increase of 40.1 billion yen over the same period last year).
In regard to profit and loss, both income and profit increased. Due to factors such as the impact of a rise in crude oil prices on inventories, the company recorded an operating income of 13.3 billion yen (an increase of 9 billion yen from the same period last year), an ordinary income of 12.1 billion yen (an increase of 8.2 billion yen from the same period last year), and current net earnings of 7.5 billion yen (an increase of 3.9 billion yen from the same period last year).
Profit and loss
| Previous interim term | Current interim term | Year-on-year | |
|---|---|---|---|
| Sales | 3,048 | 3,449 | 401 |
| Operating income | 43 | 133 | 90 |
|
Ordinary income (Ordinary income excluding inventory valuation factors) |
39 |
121 (△49) |
82 |
| Current net earnings | 36 | 75 | 39 |
| (Reference) On a consolidated basis | |||
| Consolidated sales volume | 3,089 | 3,490 | 401 |
| Consolidated ordinary income | 42 | 124 | 82 |
| Consolidated net income | 38 | 75 | 37 |