Current page location:HOME > Notice Concerning the Amendment to the Business Outlook
April 28, 2011
Cosmo Oil Co., Ltd.
Corporate Communication Dept. Public Relations Office
Cosmo Oil Co., Ltd.
Corporate Communication Dept. Public Relations Office
Based on the most recent business climate and other factors, amendments have been made as follows to the business outlook for the full-year of FY2010 (ending March 31, 2011), which was released on November 4, 2010 when the second quarter results of FY2010 were reported.
- Amendments to the Consolidated Business Outlook for the full-year of FY2010
(for the Period from April 1, 2010 to March 31, 2011)
(Unit:million yen, %)
Net sales Operating
IncomeOrdinary
IncomeNet income Net income
Per sharePreviously announced forecast(A)
(on November 4,2010)2,600,000 74,000 66,000 18,000 yen sen
21.25Currently amended forecast(B) 2,770,000 104,000 96,000 28,000 33.05 Variance(B－A) 170,000 30,000 30,000 10,000 - Rate of variance 6.5% 40.5% 45.5% 55.6% - (Reference)
Actual results of comparable
period a year earlier
(ended March 31,2010)2,612,141 34,207 36,411 
10,740 12.68 - Amendments to the Non-Consolidated Business Outlook for the full-year of FY2010
(for the Period from April 1, 2010 to March 31, 2011)
(Unit:million yen, %)
Net sales Operating
IncomeOrdinary
IncomeNet income Net income
Per sharePreviously announced forecast(A)
(on November 4,2010)2,380,000 25,000 22,000 8,000 yen sen
9.44Currently amended forecast(B) 2,550,000 53,000 50,000 20,000 23.61 Variance(B－A) 170,000 28,000 28,000 12,000 - Rate of variance 7.1% 112.0% 127.3% 150.0% - (Reference)
Actual results of comparable
period a year earlier
(ended March 31,2010)2,332,742 496 23,267 9,642 11.38 - Reason for the Amendments
Crude oil price hike contributed to the improvement of ordinary income through inventory evaluation and finally resulted in the change of Ordinary Income prospect (last revised on 4/Nov/2010).- Previous assumption:
- Crude Oil $78.0/BBL, Exchange Rate \85.5/$,
- New Assumption:
- Crude Oil $84.1/BBL, Exchange Rate: \85.8/$
This change include \6,000 Million of "Special Loss", generated by the "East Japan Great Earthquake".
* The above business outlook is based on information available as of the published date of this release and
actual results may materially differ from the forecast subject to variable factors that may arise in the future.
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