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Idemitsu Raises 2026 Forecast Despite Sharp Profit Decline Projection

The Japanese energy company now expects a net profit of ¥75 billion for March 2026, marking a 27% drop from previous results.

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Terms & Concepts
  • Fiscal forecast: An official projection of a company’s financial performance for a specific fiscal period.
  • Net profit: The total earnings of a company after deducting all expenses, taxes, and costs from revenue.