ENEOS : Consolidated Financial Results for the Second Quarter of Fiscal Year 2020 （174KB）

This document contains a financial summary and financial statements translated from the original

Japanese version, for convenience only.

Consolidated Financial Results for the Second Quarter of Fiscal Year 2020 [IFRS]

		November 11, 2020
Company name:	ENEOS Holdings, Inc.	Stock Exchange Listings: Tokyo and Nagoya
Code number:	5020	URL: https://www.hd.eneos.co.jp/
Representative:	Ota Katsuyuki	Representative Director, President
Contact person:	Inoue Ryo	Group Manager, Investor Relations Group, Finance & Investor Relations Department

Telephone: [phone]
Scheduled date of filing of Quarterly Securities Report:	November 13, 2020
Scheduled date of commencement of dividend payments:	December 4, 2020
Supplemental materials for the quarterly financial results:	Yes

Quarterly financial results presentation:	Yes (for institutional investors and analysts)
	(Amounts of less than 1 million yen are rounded off.)

1. Consolidated Results for the Second Quarter of FY2020 (From April 1, 2020 to September 30, 2020)

(1) Operating Results							(Percentage figures represent changes from same period in the previous fiscal year.)
	Revenue				Operating profit	Profit before tax	Profit attributable to		Total comprehensive
				owners of the parent		income
	Millions of yen		%	Millions of yen		%	Millions of yen	%	Millions of yen		%		Millions of yen		%
2Q of FY2020	3,362,321		(33.6)	88,904		(32.1)	77,113	(34.6)	36,433		(48.7)		32,737		(1.7)
2Q of FY2019	5,063,069		(6.8)	130,865		(70.3)	117,878	(72.2)	71,038		(75.1)		33,296		(90.2)
	Basic profit per share		Diluted profit per share
			Yen				Yen
2Q of FY2020			11.33				11.32
2Q of FY2019			21.68				21.67
(2) Financial Position
										Total equity attributable	Equity ratio
	Total assets		Total equity	attributable to owners
		to owners of the parent
										of the parent
	Millions of yen	Millions of yen	Millions of yen				%
2Q of FY2020	7,763,726		2,675,375	2,278,547				29.3
FY2019	8,011,292		2,707,908	2,311,046				28.8
2. Dividends
						Annual cash dividends per share
	End of 1st quarter		End of 2nd quarter		End of 3rd quarter	Year-End		Total
			Yen			Yen		Yen		Yen				Yen
FY2019	-					11.00			-		11.00					22.00
FY2020	-					11.00
FY2020										-		11.00					22.00
(Forecast)

Note: Revision to the most recent dividend forecast: No

3. Forecasts of Consolidated Results for Fiscal Year 2020 (From April 1, 2020 to March 31, 2021)

(Percentage figures are changes from the amount for the corresponding period in the previous fiscal year.)

	Revenue		Operating profit		Profit before tax		Profit attributable to		Basic profit per share
				owners of the parent
	Millions of yen		%	Millions of yen		%	Millions of yen		%	Millions of yen		%	Yen
FY2020	7,500,000		(25.1)	200,000		-	175,000		-	90,000		-	28.03

Note: Revision to the most recent consolidated earnings forecast: Yes

Regarding the revisions to the forecasts of consolidated results, please refer to "Notification of Revisions to the Forecasts of Consolidated Results for the Fiscal Year 2020" announced today.

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 September 30, 2020.

As for the forecasts of operating profit excluding inventory valuation factors*, please see the following.

Operating profit excluding inventory valuation factors:

Forecasts for FY2020:190,000 million yen (percentage change from the previous fiscal year: 96.5%)

(Reference) Actual results for FY2019: 96,700 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

1. 1. Changes in accounting estimates: None
2. Number of shares issued (Common stock)
3. 1. Number of issued shares at the end of the period (including treasury stock) Second Quarter of FY2020 ended September 30, 2020: 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

Second Quarter of FY2020 ended September 30, 2020: 19,582,407 shares

FY2019 ended March 31, 2020:

12,819,877 shares

1. Average number of shares issued during the period
   Second Quarter of FY2020 ended September 30, 2020: 3,215,873,029 shares
   Second Quarter of FY2019 ended September 30, 2019: 3,277,287,951 shares

This report is not subject to quarterly review procedures conducted by certified public accountants or an audit corporation.

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.

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.

Summary of Quarterly Consolidated Financial Statements and Major Explanatory Notes Thereto

(1) Summary of Quarterly Consolidated Statements of Financial Position

			(Millions of yen)
		FY2019	2Q of FY2020
		(As of March 31, 2020)	(As of September 30, 2020)
ASSETS
Current assets
Cash and cash equivalents	398,573	379,516
Trade and other receivables	1,020,570	864,861
Inventories	1,181,688	1,240,844
Other financial assets	61,963	39,487
Other current assets		183,673	160,375
Sub total		2,846,467	2,685,083
Assets held for sale		32,094	35,274
Total current assets		2,878,561	2,720,357
Non-current assets
Property, plant and equipment	3,724,861	3,615,626
Goodwill	185,730	185,612
Intangible assets	345,371	340,663
Investments accounted for using the equity	407,207	416,214
method
Other financial assets	343,342	344,793
Other non-current assets	8,802	9,467
Deferred tax assets		117,418	130,994
Total non-current assets		5,132,731	5,043,369
TOTAL ASSETS		8,011,292	7,763,726

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