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Energy Minerals

Idemitsu Kosan Co., Ltd.

Business Summary

Idemitsu Kosan Co., Ltd. engages in oil, basic chemicals, and renewable energy businesses. It operates through the following segments: Petroleum Products, Petrochemical Products, Resources, and Others. The Petroleum Products segment covers the production and sale of fuel oil and lubricants. The Petrochemical Products segment provides basic chemicals as raw materials for various petrochemical products, as well as solvents and various functional materials. The Resources segment carries out the research, exploration, development, production, and sale of oil, coal, uranium, and geothermal resources. The Others segment includes engineering, electronic materials, insurance, and agricultural biotechnology businesses. The company was founded by Sazo Idemitsu on June 20, 1911 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue6,686.76B59,505.22M
Gross Profit884,176M7,868.24M
Operating income434,454M3,866.18M
Income before tax388,062M3,453.34M
Net income279,498M2,487.24M
EBITDA548,731M4,883.13M
Diluted EPS940.158.36
Dividends Per Share1201.06
Total Assets4,601.18B37,908.82M
Total liabilities3,164.66B26,073.46M
Total equity1,412.10B11,634.20M
Operating cash flow146,111M1,300.23M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 3,730.69B 4,425.14B 6,045.85B 4,556.62B 6,686.76B
Gross Profit 493,882M 487,695M 413,193M 559,029M 884,176M
Operating income 201,323M 179,321M -3,860M 140,064M 434,454M
Income before tax 212,165M 144,701M -17,226M 64,582M 388,062M
Net income 162,307M 81,450M -22,935M 34,920M 279,498M
EBITDA 270,236M 242,030M 100,752M 247,851M 548,731M
Diluted EPS 845.17 401.63 -76.30 117.46 940.15
Dividends Per Share 80 100 160 120 120
Total Assets 2,920.26B 2,890.30B 3,886.93B 3,954.44B 4,601.18B
Total liabilities 2,014.33B 2,011.37B 2,686.37B 2,739.30B 3,164.66B
Total equity 868,701M 842,100M 1,150.00B 1,150.93B 1,412.10B
Operating cash flow 136,760M 151,015M -32,712M 170,466M 146,111M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 33,660.63M 39,904.02M 55,606.41M 42,963.70M 59,505.22M
Gross Profit 4,456.11M 4,397.82M 3,800.32M 5,271.00M 7,868.24M
Operating income 1,816.46M 1,617.03M -35.50M 1,320.64M 3,866.18M
Income before tax 1,914.28M 1,304.85M -158.43M 608.93M 3,453.34M
Net income 1,464.43M 734.48M -210.94M 329.25M 2,487.24M
EBITDA 2,438.23M 2,182.52M 926.66M 2,336.95M 4,883.13M
Diluted EPS 7.62 3.62 -0.70 1.10 8.36
Dividends Per Share 0.72 0.90 1.47 1.13 1.06
Total Assets 27,458.99M 26,112.90M 36,005.16M 35,786.81M 37,908.82M
Total liabilities 18,940.58M 18,172.04M 24,884.16M 24,790.06M 26,073.46M
Total equity 8,168.31M 7,608.07M 10,652.66M 10,415.65M 11,634.20M
Operating cash flow 1,233.93M 1,361.78M -300.86M 1,607.29M 1,300.23M

Valuation Measures

Mar 2022
PER3.58
ROA6.53%
ROE21.80%
Operating margin6.49%
Profit margin4.17%

Key executives

  • President & Representative Director: Shunichi Kito
  • Chief Financial Officer: Noriaki Sakai
  • Director & Executive Vice President: Takashi Matsushita
  • Representative Director & Vice President: Susumu Nibuya
  • Managing Executive Officer-Accounting & Finance: Toshiaki Sagishima

Shareholders

  • Nissho Kosan KK (9.1%)
  • Saudi Arabian Oil Co. (7.7%)
  • Idemitsu Museum of Arts (6.8%)
  • Nomura Asset Management Co., Ltd. (3.9%)
  • BlackRock Fund Advisors (2.8%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.5%)
  • Mitsubishi UFJ Financial Group, Inc. (2.1%)
  • The Vanguard Group, Inc. (2.0%)
  • Daiwa Asset Management Co. Ltd. (1.9%)
  • Nikko Asset Management Co., Ltd. (1.7%)

Contact Details

Related Companies

  • Ha Tien Energy Corp.
  • Idemitsu Asia Pacific Pte Ltd.
  • Idemitsu Lubricants Mexico SA de CV
  • Idemitsu Lube (Malaysia) Sdn. Bhd.
  • Idemitsu Kosan Board Incentive Plan
  • Idemitsu Canada Corp.
  • Idemitsu Oil Development Co., Ltd.
  • Nogoa Pastoral Pty Ltd.
  • Formosa Idemitsu Petrochemical Corp.
  • Idemitsu Electronic Materials Korea Co., Ltd.
  • Idemitsu Chemicals USA Corp.
  • Idemitsu International (Netherlands) BV
  • PT Idemitsu Lube Indonesia
  • Idemitsu Sunrise Insurance Co. Ltd.
  • Idemitsu SM (Malaysia) Sdn. Bhd.
  • Idemitsu Chemicals (Hong Kong) Co. Ltd.
  • Idemitsu Canada Resources Ltd.
  • Idemitsu Lube India Pvt Ltd.
  • Idemitsu E&P UK Ltd.
  • Idemitsu Kosan Pension Fund
  • Petrochemicals (Malaysia) Sdn. Bhd.
  • Idemitsu China Co. Ltd.
  • Idemitsu Apollo Corp.
  • Dalian Idemitsu Chinaoil Co. Ltd.
  • Kuo Horng Co. Ltd.
  • Idemitsu International (Europe) Ltd.
  • Ensham Resources Pty Ltd.
  • New West Petroleum /Oil Wholesale Business/
  • Idemitsu Chemicals Southeast Asia Pte Ltd.
  • Idemitsu Lube (Singapore) Pte Ltd.

Competitors

  • Sumitomo Chemical Co., Ltd.
  • Dorian LPG Ltd.
  • Fuchs Petrolub SE Pref
  • Universal Display Corporation
  • Ascent Solar Technologies, Inc.
  • Jilin OLED Material Tech Co., Ltd. Class A
  • UEX Corporation
Last Updated on 26 May, 2022

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