Presentation on Results for the 1st Quarter FY2023

August 8, 2023

Idemitsu Kosan Co.,Ltd.

Table of Contents

  • Highlights
  • Results for the 1Q FY2023
  • Reference
  • Progress in the mid-term management plan
  • Financial results
  • Volume
  • Crude/product price and operation
  • Business overview

2

  • Highlights

3

Results for the 1Q FY2023

◼ Summary

✓ Operating + equity income (segment income) decreased by ¥191.4 billion y-o-y, due to reversal of inventory impact resulting from increased crude oil prices in the previous fiscal year, etc.

✓ Segment income excluding inventory impact decreased by ¥27.5 billion due to

decreased exports in the petroleum business, etc.

[¥ billions]

1Q FY2022

1Q FY2023

Change

Operating Income

244.1

52.7

(191.4)

+ Equity Income

Inventory impact

159.2

(4.7)

(163.9)

Exc. inventory impact

84.9

57.4

(27.5)

Net Income Attributable to

179.3

45.4

(133.9)

Owners of the Parent

Exc. inventory impact

68.9

48.7

(20.2)

  • Forecasts for FY2023
    • 1Q performance was basically in line with plan
    • Despite fluctuations seen in coal prices and foreign exchange rates from the assumptions announced in May, forecasts are left unchanged as their impact on full-year performance is expected to be limited

4

  • Results for the 1Q FY2023

5

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Disclaimer

Idemitsu Kosan Co. Ltd. published this content on 08 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2023 06:12:08 UTC.