Taiyo Oil hereby announces the interim financial statement for the 81st fiscal year (April 1, 2017 - March 31, 2018).
Summary of the 81st fiscal year interim financial statement
No periodic maintenance work was carried out at either the Shikoku Operations or the Yamaguchi Operations in the current term, so sales volume increased (to 4.56 million KL, a year-on-year increase of 740,000 KL) due to an ongoing high level of operation at the units. Also, with the increase in the price of crude oil, sales prices also rose, for a sales total of 309.3 billion yen (a year-on-year increase of 76 billion yen).
The current term was marked by greater income and greater earnings. Product profit margins improved with the increase in sales volume, for an operating income of 10.4 billion yen (a year-on-year increase of 5.3 billion yen), ordinary income of 10.6 billion yen (a year-on-year increase of 5.7 billion yen), and current net earnings of 8.2 billion yen (a year-on-year increase of 4.4 billion yen).
Profit and Loss
(unit: JPY 100 million)
||Previous interim term
||Current interim term
（Ordinary income excluding stock-related factors）
|(On a consolidated basis)
|Consolidated sales volume
|Consolidated ordinary income
|Consolidated net income