Consolidated Financial Results for the Fiscal Year 2020
|
Source
|
Press Release
|
|
Company
|
ENEOS Holdings, Inc. |
|
Tags
|
Strategy - Corporate, Financial & Operating Data
|
|
Date
|
May 12, 2021
|
1. Consolidated Results for Fiscal Year 2020 (From April 1, 2020 to March 31, 2021)
(1) Operating Results (Percentage figures represent changes from the previous fiscal year.)
| |
Revenue |
Operating profit |
Profit before tax |
Profit for the year attributable to owners of the parent |
Total comprehensive income for the year |
| FY2020 FY2019 |
Millions of yen 7,658,011 10,011,774 |
% (23.5) (10.0) |
Millions of yen 254,175 (113,061) |
– – |
% |
Millions of yen 230,891 (135,764) |
– – |
% |
Millions of yen 113,998 (187,946) |
– – |
% |
Millions of yen 162,708 (261,686) |
– – |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Basic profit per share |
Diluted profit per share |
Profit ratio to equity attributable to owners of the parent |
Profit before tax ratio to total assets |
Operating profit ratio to revenue |
| |
Yen |
Yen |
% |
% |
% |
| FY2020 |
35.48 |
35.42 |
4.9 |
2.9 |
3.3 |
| FY2019 |
(57.86) |
(57.86) |
(7.5) |
(1.6) |
(1.1) |
|
(Reference) Equity in earnings of affiliates: FY2020: 59,387 million yen; FY2019: 15,868 million yen
(2) Financial Position
| |
Total assets |
Total equity |
Total equity attributable to owners of the parent |
Equity ratio attributable to owners of the parent |
Equity attributable to owners of the parent per share |
| |
Millions of yen |
Millions of yen |
Millions of yen |
% |
Yen |
| FY2020 |
8,058,818 |
2,752,568 |
2,325,108 |
28.9 |
724.18 |
| FY2019 |
8,011,292 |
2,707,908 |
2,311,046 |
28.8 |
718.28 |
|
(3) Cash Flows
| |
Net cash flows from operating activities |
Net cash flows from investing activities |
Net cash flows from financing activities |
Cash and cash equivalents at the end of the year |
| |
Millions of yen |
Millions of yen |
Millions of yen |
Millions of yen |
| FY2020 |
679,094 |
(306,791) |
(355,081) |
412,300 |
| FY2019 |
510,734 |
(371,346) |
(119,808) |
393,302 |
|
2. Dividends
| |
Annual cash dividends per share |
Total dividend amount |
Dividend payout ratio (Consolidated) |
Dividend ratio of equity attributable to owners of the parent (Consolidated) |
| End of 1st quarter |
End of 2nd quarter |
End of 3rd quarter |
Year-End |
Total |
| FY2019 FY2020 |
Yen – – |
Yen 11.00 11.00 |
Yen – – |
Yen 11.00 11.00 |
Yen 22.00 22.00 |
Millions of yen 70,922 70,906 |
% – 62.0 |
% 2.9 3.1 |
| FY2021 (Forecast) |
– |
11.00 |
– |
11.00 |
22.00 |
|
50.5 |
|
|
Note: Average number of shares issued during the period that forms the basis for the calculation of dividend payout ratio (consolidated) for FY2021 (forecast) specified above is calculated with the number of issued shares (excluding treasury stock) as of March 31, 2021.
3. Forecasts of Consolidated Results for Fiscal Year 2021 (From April 1, 2021 to March 31, 2022)
(Percentage figures are changes from the amount for the corresponding period in the previous fiscal year.)
| |
Revenue |
Operating profit |
Profit before tax |
Profit for the year attributable to owners of the parent |
Basic profit per share |
| |
Millions of yen |
% |
Millions of yen |
% |
Millions of yen |
% |
Millions of yen |
% |
Yen |
| FY2021 |
9,500,000 |
24.1 |
260,000 |
2.3 |
240,000 |
3.9 |
140,000 |
22.8 |
43.60 |
|
Note: Average number of shares issued during the period that forms the basis for the calculation of basic profit per share specified above is calculated with the number of issued shares (excluding treasury stock) as of March 31, 2021.
As for the forecasts of operating profit excluding inventory valuation factors*, please see the following.
Operating profit excluding inventory valuation factors:
Forecasts for FY2021: 230,000 million yen (percentage change from the previous fiscal year: 6.7%) (Reference) Actual results for FY2020: 215,500 million yen
(*) The impact of inventory valuation on the cost of sales by using the weighted-average method and by writing down the book value.
Explanatory Notes
(1) Changes in the number of material subsidiaries during the term under review: None
Note: This item indicates whether there were changes in specified subsidiaries involving a change in the scope of consolidation.
(2) Changes in accounting policies and in accounting estimates
(i) Changes in accounting policies required by the IFRS: None
(ii) Changes in accounting policies other than (i) above: None
(iii) Changes in accounting estimates: None
(3) Number of shares issued (Common stock)
(i) Number of issued shares at the end of the period (including treasury stock) FY2020 ended March 31, 2021: 3,230,282,649 shares
FY2019 ended March 31, 2020: 3,230,282,649 shares
(ii) Number of shares of treasury stock at the end of the period FY2020 ended March 31, 2021: 19,626,899 shares FY2019 ended March 31, 2020: 12,819,877 shares
(iii) Average number of shares issued during the period FY2020 ended March 31, 2021: 3,213,274,772 shares FY2019 ended March 31, 2020: 3,248,100,071 shares
(Reference) Non-Consolidated Financial Results (Japanese GAAP)
Non-Consolidated Financial Results for Fiscal Year 2020 (From April 1, 2020 to March 31, 2021)
(1) Operating Results (Percentage figures represent changes from the previous fiscal year.)
| |
Revenue |
Operating profit |
Ordinary profit |
Profit |
| FY2020 FY2019 |
Millions of yen 33,488 87,563 |
% (61.8) (50.6) |
Millions of yen 22,692 76,130 |
% (70.2) (54.3) |
Millions of yen 24,498 80,399 |
% (69.5) (52.6) |
Millions of yen 24,481 54,755 |
% (55.3) (70.7) |
| |
|
|
|
|
|
|
|
|
|
| |
Profit per share |
Diluted profit per share |
| |
Yen |
Yen |
| FY2020 |
7.61 |
– |
| FY2019 |
16.84 |
16.83 |
|
(2) Financial Position
| |
Total assets |
Net assets |
Equity ratio |
Net assets per share |
| |
Millions of yen |
Millions of yen |
% |
Yen |
| FY2020 |
3,808,260 |
1,724,724 |
45.3 |
536.49 |
| FY2019 |
3,989,250 |
1,752,898 |
43.9 |
544.12 |
|
(Reference) Equity: FY2020: 1,724,724 million yen; FY2019: 1,752,898 million yen
l This report is not subject to audit procedures conducted by certified public accountants or an audit corporation.
l Explanation regarding appropriate use of forward-looking statements on results, and other specific comments (Note on Statements Regarding Prospective Matters)
This material contains forward-looking statements; however, actual results may differ materially from those reflected in such forward-looking statements, due to various factors, including the following:
(1) changes in macroeconomic conditions and changes in the competitive environment in the energy, resources and materials industries; (2) the impact of COVID-19 on economic activity; (3) revisions to laws and strengthening of regulations; and (4) litigation and other similar risks.
l Changes from the previous fiscal year (or corresponding period in the previous fiscal year) are not presented (“-”) if either or both of the fiscal year (or period) under review and the previous fiscal year (or corresponding period) are negative, or if the percentage change is 1,000% or greater.
Consolidated Financial Statements and Major Explanatory Notes Thereto
| (1) Consolidated Statements of Financial Position |
|
| |
|
(Millions of yen) |
| |
FY2019 |
FY2020 |
| |
(As of March 31, 2020) |
(As of March 31, 2021) |
| ASSETS |
|
|
| Current assets |
|
|
| Cash and cash equivalents |
398,573 |
417,724 |
| Trade and other receivables |
1,020,570 |
1,129,421 |
| Inventories |
1,181,688 |
1,295,576 |
| Other financial assets |
61,963 |
50,530 |
| Other current assets |
183,673 |
141,626 |
| Sub total |
2,846,467 |
3,034,877 |
| Assets held for sale |
32,094 |
4,727 |
| Total current assets |
2,878,561 |
3,039,604 |
| |
|
|
| Non-current assets |
|
|
| Property, plant and equipment |
3,724,861 |
3,551,070 |
| Goodwill |
185,730 |
181,507 |
| Intangible assets |
345,371 |
342,391 |
| Investments accounted for using the equity method |
407,207 |
445,304 |
| Other financial assets |
343,342 |
386,295 |
| Other non-current assets |
8,802 |
10,080 |
| Deferred tax assets |
117,418 |
102,567 |
| Total non-current assets |
5,132,731 |
5,019,214 |
| TOTAL ASSETS |
8,011,292 |
8,058,818 |
|
(Millions of yen)
| |
FY2019 (As of March 31, 2020) |
FY2020 (As of March 31, 2021) |
| LIABILITIES |
|
|
| Current liabilities |
|
|
| Trade and other payables |
1,343,909 |
1,583,199 |
| Bonds and borrowings |
914,781 |
616,567 |
| Income taxes payable |
18,275 |
26,186 |
| Other financial liabilities |
30,647 |
28,808 |
| Lease liabilities |
70,595 |
71,756 |
| Provisions |
13,174 |
18,693 |
| Other current liabilities |
320,446 |
329,697 |
| Sub total Liabilities directly related to assets held for |
2,711,827 5,748 |
2,674,906 – |
| sale Total current liabilities |
2,717,575 |
2,674,906 |
| Non-current liabilities |
|
|
| Bonds and borrowings |
1,386,065 |
1,420,333 |
| Liabilities for retirement benefits |
272,124 |
242,269 |
| Other financial liabilities |
32,075 |
34,120 |
| Lease liabilities |
445,244 |
428,666 |
| Provisions |
165,994 |
175,634 |
| Other non-current liabilities |
51,873 |
53,272 |
| Deferred tax liabilities |
232,434 |
277,050 |
| Total non-current liabilities |
2,585,809 |
2,631,344 |
| Total liabilities |
5,303,384 |
5,306,250 |
| |
|
|
| EQUITY |
|
|
| Common stock |
100,000 |
100,000 |
| Capital surplus |
1,138,884 |
1,066,459 |
| Retained earnings |
982,786 |
1,042,416 |
| Treasury stock |
(6,003) |
(8,793) |
| Other components of equity |
95,379 |
125,026 |
| Total equity attributable to owners of the parent |
2,311,046 |
2,325,108 |
| Non-controlling interests |
396,862 |
427,460 |
| Total equity |
2,707,908 |
2,752,568 |
| TOTAL LIABILITIES AND EQUITY |
8,011,292 |
8,058,818 |
|
(2) Consolidated Statements of Profit or Loss and
Consolidated Statements of Comprehensive Income or Loss
| (Consolidated Statements of Profit or Loss) |
|
|
| |
|
(Millions of yen) |
| |
FY2019 (From April 1, 2019 to March 31, 2020) |
FY2020 (From April 1, 2020 to March 31, 2021) |
| Revenue |
10,011,774 |
7,658,011 |
| Cost of sales |
9,245,604 |
6,574,261 |
| Gross profit |
766,170 |
1,083,750 |
| Selling, general and administrative expenses |
829,323 |
802,776 |
| Share of profit of investments accounted for using the equity method |
15,868 |
59,387 |
| Other operating income |
76,970 |
122,443 |
| Other operating expenses |
142,746 |
208,629 |
| Operating profit (loss) |
(113,061) |
254,175 |
| Finance income |
12,116 |
6,433 |
| Finance costs |
34,819 |
29,717 |
| Profit (loss) before tax |
(135,764) |
230,891 |
| Income tax expense |
36,971 |
117,959 |
| Profit (loss) for the year |
(172,735) |
112,932 |
|
| Profit (loss) for the year attributable to: |
|
| Owners of the parent |
(187,946) |
113,998 |
| Non-controlling interests |
15,211 |
(1,066) |
| Profit (loss) for the year |
(172,735) |
112,932 |
| |
|
|
| (Yen) |
| Basic profit (loss) per share |
(57.86) |
35.48 |
| Diluted profit (loss) per share |
(57.86) |
35.42 |
|
(Consolidated Statements of Comprehensive Income or Loss)
FY2019
(Millions of yen)
FY2020
(From April 1, 2019
to March 31, 2020)
(From April 1, 2020
to March 31, 2021)
Items that will not be reclassified to profit or loss
| Remeasurement (losses) gains on defined benefit plans |
(2,995) |
16,593 |
| Shares of other comprehensive income (loss) of investments accounted for using the equity method |
(1,186) |
679 |
| Total |
(65,428) |
36,923 |
| Items that may be reclassified subsequently to profit or loss |
|
|
| Exchange differences on translation of foreign operations |
(23,165) |
2,530 |
| Changes in fair value of cash flow hedges |
7,347 |
9,199 |
| Shares of other comprehensive income (loss) of investments accounted for using the equity method |
(7,705) |
1,124 |
| Total |
(23,523) |
12,853 |
| Other comprehensive income (loss), net of tax |
(88,951) |
49,776 |
| Total comprehensive income (loss) for the year |
(261,686) |
162,708 |
| |
|
|
| Comprehensive income (loss) for the year attributable to: |
|
|
| Owners of the parent |
(272,338) |
149,991 |
| Non-controlling interests |
10,652 |
12,717 |
| Total comprehensive income (loss) for the year |
(261,686) |
162,708 |
|
(3) Consolidated Statements of Changes in Equity
Retained
Treasury
(Millions of yen) Other components of equity
Changes in fair value of financial
Common stock Capital surplus
earnings
stock
assets measured at fair value through other comprehensive income (loss)
Changes in fair value of cash flow hedges
| Balance as of April 1, 2019 |
100,000 |
1,222,193 |
1,272,960 |
(29,698) |
111,486 |
(8,877) |
| Cumulative effect of Changes in accounting policies |
– |
– |
(2,072) |
– |
– |
– |
| Restated balance |
100,000 |
1,222,193 |
1,270,888 |
(29,698) |
111,486 |
(8,877) |
| Profit (loss) for the year |
– |
– |
(187,946) |
– |
– |
– |
| Other comprehensive income (loss) |
– |
– |
– |
– |
(60,542) |
6,735 |
| Total comprehensive income (loss) for the year |
– |
– |
(187,946) |
– |
(60,542) |
6,735 |
| Purchase of treasury stock |
– |
– |
– |
(54,894) |
– |
– |
| Disposal of treasury stock |
– |
0 |
– |
0 |
– |
– |
| Cancellation of treasury stock |
– |
(78,728) |
– |
78,728 |
– |
– |
| Cash dividends |
– |
– |
(72,118) |
– |
– |
– |
| Share-based payment transactions |
– |
283 |
– |
105 |
– |
– |
| Equity transactions with non- controlling interests, etc. |
– |
– |
– |
– |
– |
– |
| Transfer from other |
|
|
|
|
|
|
| components of equity to retained earnings |
– |
– |
(28,038) |
– |
25,185 |
– |
| Transfer from other |
|
|
|
|
|
|
| components of equity to non- financial assets, etc. |
– |
– |
– |
– |
– |
(652) |
| Other |
– |
(4,864) |
– |
(244) |
– |
– |
| Total transactions with owners |
– |
(83,309) |
(100,156) |
23,695 |
25,185 |
(652) |
| Balance as of March 31, 2020 |
100,000 |
1,138,884 |
982,786 |
(6,003) |
76,129 |
(2,794) |
| Profit for the year |
– |
– |
113,998 |
– |
– |
– |
| Other comprehensive income |
– |
– |
– |
– |
16,968 |
2,492 |
| Total comprehensive income for the year |
– |
– |
113,998 |
– |
16,968 |
2,492 |
| Purchase of treasury stock |
– |
– |
– |
(3,053) |
– |
– |
| Disposal of treasury stock |
– |
(263) |
– |
263 |
– |
– |
| Cash dividends |
– |
– |
(70,800) |
– |
– |
– |
| Share-based payment transactions |
– |
436 |
– |
– |
– |
– |
| Equity transactions with non- controlling interests, etc. |
– |
(69,451) |
– |
– |
– |
– |
| Transfer from other |
|
|
|
|
|
|
| components of equity to retained earnings |
– |
– |
16,432 |
– |
87 |
– |
| Transfer from other |
|
|
|
|
|
|
| components of equity to non- financial assets, etc. |
– |
– |
– |
– |
– |
(6,549) |
| Other |
– |
(3,147) |
– |
– |
– |
– |
| Total transactions with owners |
– |
(72,425) |
(54,368) |
(2,790) |
87 |
(6,549) |
| Balance as of March 31, 2021 |
100,000 |
1,066,459 |
1,042,416 |
(8,793) |
93,184 |
(6,851) |
|
(Millions of yen)
Other components of equity
Exchange differences on translation of foreign operations
Remeasurement (losses) gains on defined benefit plans
Total
Total equity attributable to owners of the parent
Non-controlling interests
Total equity
| Balance as of April 1, 2019 |
49,776 |
– |
152,385 |
2,717,840 |
401,976 |
3,119,816 |
| Cumulative effect of Changes in accounting policies |
– |
– |
– |
(2,072) |
(867) |
(2,939) |
| Restated balance |
49,776 |
– |
152,385 |
2,715,768 |
401,109 |
3,116,877 |
| Profit (loss) for the year |
– |
– |
– |
(187,946) |
15,211 |
(172,735) |
| Other comprehensive income (loss) |
(27,732) |
(2,853) |
(84,392) |
(84,392) |
(4,559) |
(88,951) |
| Total comprehensive income (loss) for the year |
(27,732) |
(2,853) |
(84,392) |
(272,338) |
10,652 |
(261,686) |
| Purchase of treasury stock |
– |
– |
– |
(54,894) |
– |
(54,894) |
| Disposal of treasury stock |
– |
– |
– |
0 |
– |
0 |
| Cancellation of treasury stock |
– |
– |
– |
– |
– |
– |
| Cash dividends |
– |
– |
– |
(72,118) |
(17,825) |
(89,943) |
| Share-based payment transactions |
– |
– |
– |
388 |
– |
388 |
| Equity transactions with non- controlling interests, etc. |
– |
– |
– |
– |
(694) |
(694) |
| Transfer from other components of equity to |
– |
2,853 |
28,038 |
– |
– |
– |
| retained earnings |
|
|
|
|
|
|
| Transfer from other components of equity to non- |
– |
– |
(652) |
(652) |
(805) |
(1,457) |
| financial assets, etc. |
|
|
|
|
|
|
| Other |
– |
– |
– |
(5,108) |
4,425 |
(683) |
| Total transactions with owners |
– |
2,853 |
27,386 |
(132,384) |
(14,899) |
(147,283) |
| Balance as of March 31, 2020 |
22,044 |
– |
95,379 |
2,311,046 |
396,862 |
2,707,908 |
| Profit (loss) for the year |
– |
– |
– |
113,998 |
(1,066) |
112,932 |
| Other comprehensive income |
15 |
16,518 |
35,993 |
35,993 |
13,783 |
49,776 |
| Total comprehensive income for the year |
15 |
16,518 |
35,993 |
149,991 |
12,717 |
162,708 |
| Purchase of treasury stock |
– |
– |
– |
(3,053) |
– |
(3,053) |
| Disposal of treasury stock |
– |
– |
– |
0 |
– |
0 |
| Cash dividends |
– |
– |
– |
(70,800) |
(14,618) |
(85,418) |
| Share-based payment transactions |
– |
– |
– |
436 |
– |
436 |
| Equity transactions with non- controlling interests, etc. |
16,634 |
– |
16,634 |
(52,817) |
36,658 |
(16,159) |
| Transfer from other |
|
|
|
|
|
|
| components of equity to |
– |
(16,518) |
(16,431) |
– |
– |
– |
| retained earnings Transfer from other |
|
|
|
|
|
|
| components of equity to non- |
– |
– |
(6,549) |
(6,549) |
(6,330) |
(12,879) |
| financial assets, etc. |
|
|
|
|
|
|
| Other |
– |
– |
– |
(3,147) |
2,171 |
(976) |
| Total transactions with owners |
16,634 |
(16,518) |
(6,346) |
(135,929) |
17,881 |
(118,048) |
| Balance as of March 31, 2021 |
38,693 |
– |
125,026 |
2,325,108 |
427,460 |
2,752,568 |
|
(4) Consolidated Statements of Cash Flows
FY2019
(From April 1, 2019
to March 31, 2020)
(Millions of yen)
FY2020
(From April 1, 2020
to March 31, 2021)
Profit (loss) before tax (135,764) 230,891
Impairment loss 113,211 160,038
Increase (decrease) in liabilities for retirement benefits (288) (13,626)
Interest income and dividends income (27,998) (10,754)
Share of loss (profit) of investments accounted for using
the equity method
(15,868) (59,387)
(Increase) decrease in trade and other receivables 353,341 (107,198)
Increase (decrease) in trade and other payables (448,396) 206,279
Dividends received 66,041 42,998
Income taxes paid (45,135) (25,192)
Net cash flows from (used in) operating activities 510,734 679,094
Purchase of investment securities (39,105) (37,555)
Purchases of oil and gas assets (56,624) (30,597)
Proceeds from sales of property, plant and equipment
| Purchase of intangible assets (29,859) (21,803) |
|
|
|
(excluding oil and gas assets)
| Loans to associates and others (long-term loans) (5,107) (4,057) |
|
|
|
Decrease (increase) in short-term loans to associates and others, net
Repayments of loans by associates and others (long-term loans)
18,075 10,598
(22,546) (1,863)
9,415 23,296
Other (20,366) (17,566)
(Millions of yen)
| |
FY2019 (From April 1, 2019 to March 31, 2020) |
FY2020 (From April 1, 2020 to March 31, 2021) |
| Cash flows from financing activities: |
|
|
| Increase (decrease) in short-term borrowings, net |
94,511 |
93,706 |
| Increase (decrease) in commercial paper, net |
138,000 |
(280,000) |
| Proceeds from long-term borrowings |
61,813 |
230,825 |
| Repayment of long-term borrowings |
(179,409) |
(220,725) |
| Proceeds from issuance of bonds |
1,080 |
36,540 |
| Repayments of lease liabilities |
(72,661) |
(77,176) |
| Redemption of bonds |
(20,000) |
(36,720) |
| Purchase of treasury stock |
(54,869) |
(3,026) |
| Cash dividends paid |
(72,118) |
(70,800) |
| Dividends to non-controlling interests |
(17,402) |
(14,150) |
| Payment for acquisition of subsidiaries resulting in no change in scope of consolidation |
– |
(13,700) |
| Other |
1,247 |
145 |
| Net cash flows from (used in) financing activities |
(119,808) |
(355,081) |
| Net (decrease) increase in cash and cash equivalents |
19,580 |
17,222 |
| Cash and cash equivalents at beginning of the year |
378,945 |
393,302 |
| Net foreign exchange differences of cash and cash equivalents |
(5,210) |
1,776 |
| Cash and cash equivalents included in assets held for sale |
(13) |
– |
| Cash and cash equivalents at end of the year |
393,302 |
412,300 |
|
(5) Explanatory Notes to the Consolidated Financial Statements
(Notes on the Assumption of a Going Concern)
None
(Segment Information)
- Outline of the Reporting Segments
The ENEOS Group’s business segments consist of those constituent units of the ENEOS Group for which separate financial information is available that are subject to periodic review for the board of directors (the chief operating decision maker) to determine the distribution of management resources and to evaluate business performance. The ENEOS Group treats “Energy,” “Oil and Natural Gas Exploration and Production (“E&P”),” and “Metals” as business segments and reporting segments.
The business activities not included in the reporting segments are collectively contained in the “Other” category. The details of the main products and services or business activities of each reporting segment and the “Other” category are as follows:
| Energy |
Petroleum refining & marketing, basic chemical products, electricity, lubricants, high- performance materials, gas, and renewable energy |
| Oil and Natural Gas E&P |
Oil and natural gas exploration, development, and production |
| Metals |
Copper foils, precision rolled products, precision-fabricated products, thin-film materials, development and exploration of non-ferrous metal resources, non-ferrous metal products (e.g. copper, precious metals, tantalum, and niobium), non-ferrous metal recycling and industrial waste treatment, titanium, and electric wires |
| Other |
Asphalt paving, civil engineering work, construction work, land transportation, real estate leasing business, and affairs common to ENEOS Group companies, including fund procurement |
|
2. Information on Revenue, Profit or Loss, Assets, Liabilities, and Other Items from Each Reporting Segment FY2019 (From April 1, 2019 to March 31, 2020)
(Millions of yen)
| |
Energy |
Oil and natural gas E&P |
Metals |
Total reporting segments |
Other |
Adjustments (Note 5) |
Recorded amount on consolidated financial statements |
| Revenue |
|
|
|
|
|
|
|
| Revenue from external customers |
8,414,259 |
133,364 |
1,002,104 |
9,549,727 |
462,047 |
– |
10,011,774 |
| Inter-segment revenue or transfers (Note 2) |
5,185 |
– |
2,309 |
7,494 |
45,305 |
(52,799) |
– |
| Total |
8,419,444 |
133,364 |
1,004,413 |
9,557,221 |
507,352 |
(52,799) |
10,011,774 |
| Segment profit (loss) (Note 3) |
(162,766) |
(38,801) |
44,631 |
(156,936) |
41,076 |
2,799 |
(113,061) |
| Finance income |
|
12,116 |
| Finance costs |
34,819 |
| Profit (loss) before tax |
|
(135,764) |
|
| Segment assets |
5,229,113 |
1,064,439 |
1,380,055 |
7,673,607 |
2,752,049 |
(2,414,364) |
8,011,292 |
| Segment liabilities |
3,438,274 |
547,907 |
837,306 |
4,823,487 |
2,289,574 |
(1,809,677) |
5,303,384 |
| Other items: |
|
|
|
|
|
|
|
| Depreciation, depletion and amortization |
205,726 |
42,381 |
60,838 |
308,945 |
13,028 |
4,576 |
326,549 |
| Share of profit (loss) of investments accounted for using the equity method |
(23,928) |
4,911 |
31,455 |
12,438 |
3,430 |
– |
15,868 |
| Capital expenditures on property, plant and equipment, and intangible assets (Note 4) |
249,053 |
86,931 |
73,898 |
409,882 |
18,028 |
(5,115) |
422,795 |
|
(Notes) 1. The accounting policy for the reporting segments is the same as the accounting policy for preparing the consolidated financial statements.
- Inter-reporting segment revenue or transfers are based on actual market prices.
- Segment profit (loss) is stated as operating profit (loss) in the consolidated statements of profit or loss.
- Capital expenditure includes acquisition of the right-of-use assets.
- The adjustments include the following:
(1) The segment profit (loss) adjustment of 2,799 million yen includes the net amount of 4,277 million yen, which is the income and expenses of the entire Company not allocated to the reporting segments or the “Other” category.
(2) The loss of 2,414,364 million yen in the segment assets adjustment is due primarily to eliminating intersegment receivables by offsetting.
(3) The loss of 1,809,677 million yen in the segment liabilities adjustment is due primarily to eliminating intersegment liabilities by offsetting.
FY2020 (From April 1, 2020 to March 31, 2021)
(Millions of yen)
| |
Energy |
Oil and natural gas E&P |
Metals |
Total reporting segments |
Other |
Adjustments (Note 5) |
Recorded amount on consolidated financial statements |
| Revenue |
|
|
|
|
|
|
|
| Revenue from external customers |
5,994,677 |
112,380 |
1,089,664 |
7,196,721 |
461,290 |
– |
7,658,011 |
| Inter-segment revenue or transfers (Note 2) |
3,777 |
– |
2,425 |
6,202 |
42,924 |
(49,126) |
– |
| Total |
5,998,454 |
112,380 |
1,092,089 |
7,202,923 |
504,214 |
(49,126) |
7,658,011 |
| Segment profit (loss) (Note 3) |
121,130 |
2,840 |
78,103 |
202,073 |
49,130 |
2,972 |
254,175 |
| Finance income |
|
6,433 |
| Finance costs |
29,717 |
| Profit (loss) before tax |
|
230,891 |
|
| Segment assets |
5,399,421 |
1,035,003 |
1,452,211 |
7,886,635 |
2,788,788 |
(2,616,605) |
8,058,818 |
| Segment liabilities |
3,520,206 |
550,485 |
915,570 |
4,986,261 |
2,290,189 |
(1,970,200) |
5,306,250 |
| Other items: |
|
|
|
|
|
|
|
| Depreciation, depletion and amortization |
210,667 |
42,540 |
55,565 |
308,772 |
13,474 |
4,653 |
326,899 |
| Share of profit (loss) of investments accounted for using the equity method |
2,968 |
9,681 |
44,451 |
57,100 |
2,287 |
– |
59,387 |
| Capital expenditures on property, plant and equipment, and intangible assets (Note 4) |
226,817 |
32,176 |
58,803 |
317,796 |
23,896 |
183 |
341,875 |
|
(Notes) 1. The accounting policy for the reporting segments is the same as the accounting policy for preparing the consolidated financial statements.
- Inter-reporting segment revenue or transfers are based on actual market prices.
- Segment profit (loss) is stated as operating profit (loss) in the consolidated statements of profit or loss.
- Capital expenditure includes acquisition of the right-of-use assets.
- The adjustments include the following:
(1) The segment profit (loss) adjustment of 2,972 million yen includes the net amount of 3,528 million yen, which is the income and expenses of the entire Company not allocated to the reporting segments or the “Other” category.
(2) The loss of 2,616,605 million yen in the segment assets adjustment is due primarily to eliminating intersegment receivables by offsetting.
(3) The loss of 1,970,200 million yen in the segment liabilities adjustment is due primarily to eliminating intersegment liabilities by offsetting.
(Per Share Information)
| |
FY2019 From April 1, 2019 to March 31, 2020 |
FY2020 From April 1, 2020 to March 31, 2021 |
| Profit (loss) for the year attributable to owners of the parent (millions of yen) |
(187,946) |
113,998 |
| Average number of shares of common stock during the fiscal year (thousand shares) |
3,248,100 |
3,213,275 |
| Increase due to share-based payments (thousand shares) (Note 2) |
– |
5,608 |
| Average number of diluted shares of common stock during the fiscal year (thousand shares) |
3,248,100 |
3,218,883 |
| Basic profit (loss) per share (yen) |
(57.86) |
35.48 |
| Diluted profit (loss) per share (yen) (Note 2) |
(57.86) |
35.42 |
|
(Note) 1. The Company shares held by the Board Incentive Plan Trust are recognized as treasury stock, and thus the pertinent number of shares is excluded from the average number of shares of common stock during the fiscal year in calculating basic profit (loss) per share.
2. For the year ended March 31, 2020 (FY2019), the equivalent of 1,102 thousand shares of the Company shares held by the Board Incentive Plan Trust was excluded from the calculation of diluted loss per share due to anti-dilutive effects.
|