JP-listed companies

JP:5021

Market cap

¥691.8B

P/E ratio

10.8x

Income statement Balance sheet Cash flow

	Mar 31, 2015	Mar 31, 2016	Mar 31, 2017	Mar 31, 2018	Mar 31, 2019	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024
Cash and deposits	-	60,972	45,292	64,690	49,445	52,992	52,972	80,328	104,344	117,295
Notes receivable - trade	-	-	-	-	-	-	-	2,635	3,809	4,130
Short-term loans receivable from subsidiaries and associates	-	-	-	-	-	-	-	-	310,983	298,968
Accounts receivable - trade	-	-	-	-	-	-	-	280,050	319,801	395,261
Accounts receivable - other	-	28,709	36,010	44,088	42,397	42,342	46,143	66,055	84,302	97,059
Merchandise and finished goods	-	87,825	111,905	132,880	131,952	145,573	122,152	166,942	198,166	204,470
Other	-	17,954	16,752	18,269	27,553	28,422	22,746	62,928	126,840	116,730
Work in process	-	391	279	576	453	380	351	58	83	168
Allowance for doubtful accounts	-	-195	-181	-169	-146	-124	-116	-40	-29	-28
Raw materials and supplies	-	94,211	131,181	131,893	144,911	88,312	126,923	209,023	198,722	187,652
Current assets	-	516,254	561,604	664,821	641,731	572,619	605,808	867,983	1,036,040	1,122,740
Accounts receivable - other	-	28,709	36,010	44,088	42,397	42,342	46,143	66,055	84,302	97,059
Other	-	17,954	16,752	18,269	27,553	28,422	22,746	62,928	126,840	116,730
Allowance for doubtful accounts	-	-195	-181	-169	-146	-124	-116	-40	-29	-28
Current assets	-	516,254	561,604	664,821	641,731	572,619	605,808	867,983	1,036,040	1,122,740
Buildings and structures	-	129,074	150,866	205,787	235,988	245,682	244,331	241,907	237,358	240,625
Vehicles, net	-	-	-	-	-	-	-	-	5	3
Oil storage depots, net	-	32,693	33,027	35,178	34,984	34,955	35,781	35,755	35,960	36,874
Tools, furniture and fixtures, net	-	-	-	-	-	-	-	-	116	156
Machinery, equipment and vehicles, net	-	149,609	161,690	183,447	186,250	195,478	208,999	200,511	200,101	205,190
Land	-	320,971	320,496	317,989	317,255	316,908	315,483	315,353	313,637	313,806
Leased assets, net	-	761	674	624	597	698	737	2,384	2,158	1,833
Construction in progress	-	53,586	99,980	67,123	59,022	51,115	50,295	40,105	46,439	37,497
Property, plant and equipment	-	693,267	773,320	817,585	842,283	853,663	865,433	846,616	846,264	850,239
Other, net	-	6,571	6,584	7,435	8,183	8,825	9,803	10,598	10,608	14,411
Property, plant and equipment	-	693,267	773,320	817,585	842,283	853,663	865,433	846,616	846,264	850,239
Software	-	3,158	3,032	3,244	3,585	5,954	10,557	11,102	10,229	10,216
Other	-	42,812	40,830	38,771	37,378	36,037	33,785	33,083	32,987	31,877
Intangible assets	-	47,423	44,585	42,016	40,964	41,991	44,343	44,185	43,216	42,094
Investment securities	-	112,040	105,720	122,653	117,552	119,071	122,402	118,719	127,897	131,147
Shares of subsidiaries and associates	-	-	-	-	-	-	-	-	215,418	213,536
Long-term loans receivable	-	2,048	2,857	1,615	1,262	1,085	1,030	802	515	312
Long-term loans receivable	-	2,048	2,857	1,615	1,262	1,085	1,030	802	515	312
Long-term prepaid expenses	-	7,986	6,716	5,769	4,741	4,312	3,169	2,953	9,977	10,048
Long-term loans receivable from subsidiaries and associates	-	-	-	-	-	-	-	-	136,094	124,096
Retirement benefit asset	-	1,738	1,928	2,415	2,765	2,236	5,471	5,081	5,259	10,086
Long-term deposits	-	-	-	-	-	-	-	-	1,340	1,324
Deferred tax assets	-	-	-	-	23,221	23,603	40,287	42,858	42,588	37,203
Deferred tax assets	-	-	-	-	23,221	23,603	40,287	42,858	42,588	37,203
Other	-	9,330	8,899	9,039	8,397	8,407	8,234	8,126	9,250	8,270
Other	-	9,330	8,899	9,039	8,397	8,407	8,234	8,126	9,250	8,270
Allowance for doubtful accounts	-	-481	-365	-401	-459	-464	-310	-298	-275	-278
Investments and other assets	-	152,019	145,667	171,141	176,886	171,239	193,303	179,566	195,212	196,790
Non-current assets	-	892,710	963,573	1,030,743	1,060,134	1,066,895	1,103,080	1,070,369	1,084,694	1,089,123
Bond issuance costs	-	651	502	385	404	250	128	56	28	77
Deferred assets	-	651	502	385	404	250	128	56	28	77
Assets	-	1,409,615	1,525,679	1,690,889	1,702,270	1,639,765	1,709,017	1,938,408	2,120,763	2,211,942
Assets	-	1,409,615	1,525,679	1,690,889	1,702,270	1,639,765	1,709,017	1,938,408	2,120,763	2,211,942
Short-term borrowings	-	200,619	225,169	206,690	164,739	135,026	175,692	195,485	274,210	245,082
Notes and accounts payable - trade	-	115,803	170,539	274,410	267,897	233,520	266,695	325,780	330,923	346,805
Current portion of long-term borrowings	-	-	-	-	-	-	-	-	32,530	36,880
Short-term borrowings	-	200,619	225,169	206,690	164,739	135,026	175,692	195,485	274,210	245,082
Commercial papers	-	12,000	51,400	62,900	98,000	86,000	37,200	82,300	155,300	88,000
Accounts payable - other	-	94,582	92,428	109,316	107,055	106,475	92,953	102,254	116,607	150,515
Income taxes payable	-	8,094	11,237	15,338	5,324	7,540	11,030	33,457	10,036	12,793
Accrued volatile oil and other petroleum taxes	-	93,788	66,528	84,801	88,987	82,147	108,368	84,457	86,241	113,810
Deposits received	-	-	-	-	-	-	-	-	70,041	113,598
Income taxes payable	-	8,094	11,237	15,338	5,324	7,540	11,030	33,457	10,036	12,793
Provision for bonuses	-	4,962	5,326	7,516	7,052	6,064	6,348	8,926	8,870	8,642
Accrued expenses	-	3,716	3,182	5,130	3,188	3,835	4,415	3,434	3,665	3,681
Provision for bonuses for directors (and other officers)	-	293	315	620	472	362	352	867	760	719
Provision for bonuses	-	4,962	5,326	7,516	7,052	6,064	6,348	8,926	8,870	8,642
Other	-	17,070	27,079	33,423	22,016	19,107	31,732	57,713	25,963	37,577
Provision for bonuses for directors (and other officers)	-	293	315	620	472	362	352	867	760	719
Current liabilities	-	555,519	655,473	800,153	764,734	706,080	752,488	954,675	1,012,579	1,007,628
Other	-	17,070	27,079	33,423	22,016	19,107	31,732	57,713	25,963	37,577
Current liabilities	-	555,519	655,473	800,153	764,734	706,080	752,488	954,675	1,012,579	1,007,628
Bonds payable	-	46,700	46,700	46,700	46,700	20,700	3,000	3,000	3,000	21,568
Long-term borrowings	-	497,831	449,282	384,164	324,669	353,583	315,759	242,873	253,708	263,669
Long-term deposits received	-	-	-	-	-	-	-	-	1,159	1,759
Deferred tax liabilities	-	-	-	-	33,454	32,926	35,415	40,801	50,838	55,359
Deferred tax liabilities	-	-	-	-	33,454	32,926	35,415	40,801	50,838	55,359
Deferred tax liabilities for land revaluation	-	5,249	5,243	5,182	5,192	5,131	5,100	5,107	5,078	4,968
Provision for executive remuneration BIP trust	-	41	296	340	111	253	847	1,360	1,788	1,535
Provision for special repairs	-	15,078	13,781	17,830	20,992	29,220	27,001	37,560	52,447	52,415
Other	-	41,105	21,441	18,186	15,733	37,591	36,431	42,690	45,529	46,204
Provision for environmental measures	-	3,416	1,997	1,729	1,362	853	866	864	1,735	954
Non-current liabilities	-	651,384	597,420	534,589	535,684	570,845	507,408	399,761	444,804	477,542
Retirement benefit liability	-	9,586	5,516	3,212	5,085	7,400	2,992	2,879	3,395	3,481
Provision for executive remuneration BIP trust	-	41	296	340	111	253	847	1,360	1,788	1,535
Asset retirement obligations	-	11,375	19,338	20,568	21,330	22,632	19,993	22,621	27,282	27,384
Other	-	41,105	21,441	18,186	15,733	37,591	36,431	42,690	45,529	46,204
Non-current liabilities	-	651,384	597,420	534,589	535,684	570,845	507,408	399,761	444,804	477,542
Liabilities	-	1,206,903	1,252,893	1,334,743	1,300,419	1,276,925	1,259,897	1,354,437	1,457,383	1,485,170
Short-term borrowings	-	200,619	225,169	206,690	164,739	135,026	175,692	195,485	274,210	245,082
Notes and accounts payable - trade	-	115,803	170,539	274,410	267,897	233,520	266,695	325,780	330,923	346,805
Current portion of long-term borrowings	-	-	-	-	-	-	-	-	32,530	36,880
Short-term borrowings	-	200,619	225,169	206,690	164,739	135,026	175,692	195,485	274,210	245,082
Commercial papers	-	12,000	51,400	62,900	98,000	86,000	37,200	82,300	155,300	88,000
Accounts payable - other	-	94,582	92,428	109,316	107,055	106,475	92,953	102,254	116,607	150,515
Income taxes payable	-	8,094	11,237	15,338	5,324	7,540	11,030	33,457	10,036	12,793
Accrued volatile oil and other petroleum taxes	-	93,788	66,528	84,801	88,987	82,147	108,368	84,457	86,241	113,810
Deposits received	-	-	-	-	-	-	-	-	70,041	113,598
Income taxes payable	-	8,094	11,237	15,338	5,324	7,540	11,030	33,457	10,036	12,793
Provision for bonuses	-	4,962	5,326	7,516	7,052	6,064	6,348	8,926	8,870	8,642
Accrued expenses	-	3,716	3,182	5,130	3,188	3,835	4,415	3,434	3,665	3,681
Provision for bonuses for directors (and other officers)	-	293	315	620	472	362	352	867	760	719
Provision for bonuses	-	4,962	5,326	7,516	7,052	6,064	6,348	8,926	8,870	8,642
Other	-	17,070	27,079	33,423	22,016	19,107	31,732	57,713	25,963	37,577
Provision for bonuses for directors (and other officers)	-	293	315	620	472	362	352	867	760	719
Current liabilities	-	555,519	655,473	800,153	764,734	706,080	752,488	954,675	1,012,579	1,007,628
Other	-	17,070	27,079	33,423	22,016	19,107	31,732	57,713	25,963	37,577
Current liabilities	-	555,519	655,473	800,153	764,734	706,080	752,488	954,675	1,012,579	1,007,628
Bonds payable	-	46,700	46,700	46,700	46,700	20,700	3,000	3,000	3,000	21,568
Long-term borrowings	-	497,831	449,282	384,164	324,669	353,583	315,759	242,873	253,708	263,669
Long-term deposits received	-	-	-	-	-	-	-	-	1,159	1,759
Deferred tax liabilities	-	-	-	-	33,454	32,926	35,415	40,801	50,838	55,359
Deferred tax liabilities	-	-	-	-	33,454	32,926	35,415	40,801	50,838	55,359
Deferred tax liabilities for land revaluation	-	5,249	5,243	5,182	5,192	5,131	5,100	5,107	5,078	4,968
Provision for executive remuneration BIP trust	-	41	296	340	111	253	847	1,360	1,788	1,535
Provision for special repairs	-	15,078	13,781	17,830	20,992	29,220	27,001	37,560	52,447	52,415
Other	-	41,105	21,441	18,186	15,733	37,591	36,431	42,690	45,529	46,204
Provision for environmental measures	-	3,416	1,997	1,729	1,362	853	866	864	1,735	954
Non-current liabilities	-	651,384	597,420	534,589	535,684	570,845	507,408	399,761	444,804	477,542
Retirement benefit liability	-	9,586	5,516	3,212	5,085	7,400	2,992	2,879	3,395	3,481
Provision for executive remuneration BIP trust	-	41	296	340	111	253	847	1,360	1,788	1,535
Asset retirement obligations	-	11,375	19,338	20,568	21,330	22,632	19,993	22,621	27,282	27,384
Other	-	41,105	21,441	18,186	15,733	37,591	36,431	42,690	45,529	46,204
Non-current liabilities	-	651,384	597,420	534,589	535,684	570,845	507,408	399,761	444,804	477,542
Liabilities	-	1,206,903	1,252,893	1,334,743	1,300,419	1,276,925	1,259,897	1,354,437	1,457,383	1,485,170
Share capital	-	40,000	40,000	40,000	40,000	40,000	40,000	40,000	46,435	46,435
Legal capital surplus	-	-	-	-	-	-	-	-	16,435	16,435
Other capital surplus	-	-	-	-	-	-	-	-	11,438	11,438
Capital surplus	-	84,509	84,359	84,359	82,963	82,843	82,843	82,843	91,349	93,572
Capital surplus	-	84,509	84,359	84,359	82,963	82,843	82,843	82,843	91,349	93,572
Retained earnings brought forward	-	-	-	-	-	-	-	-	80,343	124,345
Retained earnings	-	259	49,985	118,701	167,574	132,755	211,977	343,377	396,361	458,542
Retained earnings	-	259	49,985	118,701	167,574	132,755	211,977	343,377	396,361	458,542
Treasury shares	-	-1,223	-1,113	-1,091	-758	-1,382	-2,019	-1,902	-2,237	-1,932
Shareholders' equity	-	123,545	173,231	241,970	289,779	254,217	332,802	464,318	531,909	596,617
Valuation difference on available-for-sale securities	-	3,042	4,794	6,379	4,121	2,424	4,938	4,610	5,094	9,602
Valuation and translation adjustments	-	-15,499	-8,508	-3,292	-8,713	-14,425	-7,855	-8,118	-4,014	3,899
Deferred gains or losses on hedges	-	-1,601	-233	-267	99	373	-85	-536	-34	-1,185
Revaluation reserve for land	-	-20,660	-20,576	-20,923	-20,911	-21,020	-21,123	-21,139	-20,880	-20,771
Foreign currency translation adjustment	-	8,507	7,215	8,715	7,236	5,778	5,873	7,691	11,278	13,587
Remeasurements of defined benefit plans	-	-4,786	292	2,803	739	-1,981	2,540	1,255	527	2,665
Valuation and translation adjustments	-	-15,499	-8,508	-3,292	-8,713	-14,425	-7,855	-8,118	-4,014	3,899
Net assets	207,520	202,712	272,786	356,146	401,850	362,839	449,120	583,971	663,380	726,771
Non-controlling interests	-	94,665	108,063	117,468	120,785	123,047	124,173	127,771	135,485	126,253
Net assets	207,520	202,712	272,786	356,146	401,850	362,839	449,120	583,971	663,380	726,771
Share capital	-	40,000	40,000	40,000	40,000	40,000	40,000	40,000	46,435	46,435
Legal capital surplus	-	-	-	-	-	-	-	-	16,435	16,435
Other capital surplus	-	-	-	-	-	-	-	-	11,438	11,438
Capital surplus	-	84,509	84,359	84,359	82,963	82,843	82,843	82,843	91,349	93,572
Capital surplus	-	84,509	84,359	84,359	82,963	82,843	82,843	82,843	91,349	93,572
Retained earnings brought forward	-	-	-	-	-	-	-	-	80,343	124,345
Retained earnings	-	259	49,985	118,701	167,574	132,755	211,977	343,377	396,361	458,542
Retained earnings	-	259	49,985	118,701	167,574	132,755	211,977	343,377	396,361	458,542
Treasury shares	-	-1,223	-1,113	-1,091	-758	-1,382	-2,019	-1,902	-2,237	-1,932
Shareholders' equity	-	123,545	173,231	241,970	289,779	254,217	332,802	464,318	531,909	596,617
Valuation difference on available-for-sale securities	-	3,042	4,794	6,379	4,121	2,424	4,938	4,610	5,094	9,602
Valuation and translation adjustments	-	-15,499	-8,508	-3,292	-8,713	-14,425	-7,855	-8,118	-4,014	3,899
Deferred gains or losses on hedges	-	-1,601	-233	-267	99	373	-85	-536	-34	-1,185
Revaluation reserve for land	-	-20,660	-20,576	-20,923	-20,911	-21,020	-21,123	-21,139	-20,880	-20,771
Foreign currency translation adjustment	-	8,507	7,215	8,715	7,236	5,778	5,873	7,691	11,278	13,587
Remeasurements of defined benefit plans	-	-4,786	292	2,803	739	-1,981	2,540	1,255	527	2,665
Valuation and translation adjustments	-	-15,499	-8,508	-3,292	-8,713	-14,425	-7,855	-8,118	-4,014	3,899
Net assets	207,520	202,712	272,786	356,146	401,850	362,839	449,120	583,971	663,380	726,771
Non-controlling interests	-	94,665	108,063	117,468	120,785	123,047	124,173	127,771	135,485	126,253
Net assets	207,520	202,712	272,786	356,146	401,850	362,839	449,120	583,971	663,380	726,771
Liabilities and net assets	-	1,409,615	1,525,679	1,690,889	1,702,270	1,639,765	1,709,017	1,938,408	2,120,763	2,211,942
Liabilities and net assets	-	1,409,615	1,525,679	1,690,889	1,702,270	1,639,765	1,709,017	1,938,408	2,120,763	2,211,942