Financials
ENEOS Holdings: 16 fiscal years of results, 2011–2026
- Revenue · FYE Mar 2026
- ¥11.8tn
- Operating profit · FYE Mar 2026
- ¥467bn
- Net profit · FYE Mar 2026
- ¥259bn
- Total assets
- ¥9.09tn
- Equity ratio
- 32.8%
- Fiscal years on record
- 16 · 2011–2026
This page carries 16 fiscal years of results, from 2011 to 2026. Revenue peaked in 2023 and has not returned to that level since. The company reported a net loss in 3 years: 2015, 2016, 2020.
ENEOS Holdings: long-term performance & turning pointsSales (revenue) and profit-margin ratio
Sales (¥ bn)Net margin (%)| Fiscal year | Unit | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2015 *1 FYE Mar | 2016 *1 FYE Mar | 2017 *1 FYE Mar | 2018 *1 FYE Mar | 2019 *1 FYE Mar | 2020 *1 FYE Mar | 2021 *1 FYE Mar | 2022 *1 FYE Mar | 2023 *1 FYE Mar | 2024 *1 FYE Mar | 2025 *1 FYE Mar | 2026 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | JPY | ¥9.63tn | ¥10.7tn | ¥11.2tn | ¥12.4tn | ¥10.9tn | ¥8.74tn | ¥8.14tn | ¥10.3tn | ¥11.1tn | ¥10.0tn | ¥7.66tn | ¥10.9tn | ¥15.0tn | ¥12.3tn | ¥12.3tn | ¥11.8tn |
| YoY | % | — | +11.3% | +4.6% | +10.6% | -12.3% | -19.7% | -6.9% | +26.6% | +8.0% | -10.0% | -23.5% | +42.6% | +37.5% | -17.8% | -0.2% | -4.5% |
| Operating profit | JPY | ¥334bn | ¥328bn | ¥252bn | ¥214bn | -¥219bn | -¥62bn | ¥271bn | ¥488bn | ¥537bn | -¥113bn | ¥254bn | ¥786bn | ¥281bn | ¥381bn | ¥106bn | ¥467bn |
| YoY | % | — | -2.0% | -23.3% | -15.0% | -202.4% | — | — | +79.8% | +10.2% | -121.1% | — | +209.2% | -64.2% | +35.6% | -72.2% | +339.8% |
| Ordinary profit | JPY | ¥414bn | ¥408bn | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net profit | JPY | ¥312bn | ¥171bn | ¥159bn | ¥107bn | -¥277bn | -¥279bn | ¥160bn | ¥362bn | ¥322bn | -¥188bn | ¥114bn | ¥537bn | ¥144bn | ¥288bn | ¥226bn | ¥259bn |
| YoY | % | — | -45.3% | -6.5% | -32.9% | -359.1% | — | — | +126.2% | -10.9% | -158.3% | — | +371.6% | -73.2% | +100.5% | -21.6% | +14.5% |
| Operating margin | % | 3.5% | 3.1% | 2.2% | 1.7% | -2.0% | -0.7% | 3.3% | 4.7% | 4.8% | -1.1% | 3.3% | 7.2% | 1.9% | 3.1% | 0.9% | 4.0% |
| Net margin | % | 3.2% | 1.6% | 1.4% | 0.9% | -2.5% | -3.2% | 2.0% | 3.5% | 2.9% | -1.9% | 1.5% | 4.9% | 1.0% | 2.3% | 1.8% | 2.2% |
| Standard | Japanese GAAP | Japanese GAAP | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | IFRS | |
| Basis | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
- *1 Securities report
Cost structure Cost of sales SG&A Other operating costs Operating profit Operating margin
Where each yen of revenue goes — cost of sales, SG&A and what is left as operating profit (¥ bn, stacked)
| Fiscal year | Unit | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2015 *1 FYE Mar | 2016 *1 FYE Mar | 2017 *1 FYE Mar | 2018 *1 FYE Mar | 2019 *1 FYE Mar | 2020 *1 FYE Mar | 2021 *1 FYE Mar | 2022 *1 FYE Mar | 2023 *1 FYE Mar | 2024 *1 FYE Mar | 2025 *1 FYE Mar | 2026 *1 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | JPY | ¥9.63tn | ¥10.7tn | ¥11.2tn | ¥12.4tn | ¥10.9tn | ¥8.74tn | ¥7.03tn | ¥10.3tn | ¥11.1tn | ¥10.0tn | ¥7.66tn | ¥10.9tn | ¥15.0tn | ¥12.3tn | ¥12.3tn | ¥11.8tn |
| YoY | % | — | +11.3% | +4.6% | +10.6% | -12.3% | -19.7% | -19.6% | +46.6% | +8.0% | -10.0% | -23.5% | +42.6% | +37.5% | -17.8% | -0.2% | -4.5% |
| Cost of sales | JPY | ¥8.81tn | ¥9.88tn | ¥10.4tn | ¥11.6tn | ¥10.5tn | ¥8.22tn | ¥6.08tn | ¥9.01tn | ¥9.91tn | ¥9.25tn | ¥6.57tn | ¥9.34tn | ¥13.8tn | ¥11.2tn | ¥11.2tn | ¥10.5tn |
| SG&A | JPY | ¥494bn | ¥516bn | ¥537bn | ¥561bn | ¥568bn | ¥577bn | ¥645bn | ¥784bn | ¥816bn | ¥829bn | ¥803bn | ¥872bn | ¥957bn | ¥847bn | ¥860bn | ¥872bn |
| Other operating costs | JPY | — | — | — | — | — | — | — | ¥15bn | -¥133bn | ¥50bn | ¥27bn | -¥75bn | -¥24bn | -¥65bn | ¥137bn | -¥116bn |
| Operating profit | JPY | ¥334bn | ¥328bn | ¥251bn | ¥214bn | -¥219bn | -¥62bn | ¥271bn | ¥488bn | ¥537bn | -¥113bn | ¥254bn | ¥786bn | ¥281bn | ¥381bn | ¥106bn | ¥467bn |
| YoY | % | — | -2.0% | -23.3% | -15.0% | -202.4% | — | — | +79.8% | +10.2% | -121.1% | — | +209.2% | -64.2% | +35.6% | -72.2% | +339.8% |
| Operating margin | % | 3.5% | 3.1% | 2.2% | 1.7% | -2.0% | -0.7% | 3.9% | 4.7% | 4.8% | -1.1% | 3.3% | 7.2% | 1.9% | 3.1% | 0.9% | 4.0% |
| Change | pp | — | -0.4pp | -0.9pp | -0.5pp | -3.7pp | +1.3pp | +4.6pp | +0.8pp | +0.1pp | -5.9pp | +4.4pp | +3.9pp | -5.3pp | +1.2pp | -2.2pp | +3.1pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Balance sheet Total assets Equity Interest-bearing debt Equity ratio
Total assets, equity and interest-bearing debt (¥ bn), with the equity ratio (%)
| Fiscal year | Unit | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2015 *1 FYE Mar | 2016 *1 FYE Mar | 2017 *1 FYE Mar | 2018 *1 FYE Mar | 2019 *1 FYE Mar | 2020 *1 FYE Mar | 2021 *1 FYE Mar | 2022 *1 FYE Mar | 2023 *1 FYE Mar | 2024 *1 FYE Mar | 2025 *1 FYE Mar | 2026 *1 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | JPY | ¥6.26tn | ¥6.69tn | ¥7.27tn | ¥7.78tn | ¥7.42tn | ¥6.72tn | ¥6.66tn | ¥8.46tn | ¥8.48tn | ¥8.01tn | ¥8.06tn | ¥9.65tn | ¥9.95tn | ¥10.1tn | ¥8.79tn | ¥9.09tn |
| YoY | % | — | +6.9% | +8.7% | +7.0% | -4.6% | -9.4% | -1.0% | +27.0% | +0.2% | -5.5% | +0.6% | +19.7% | +3.2% | +1.8% | -13.3% | +3.5% |
| Equity | JPY | ¥1.63tn | ¥2.04tn | ¥2.33tn | ¥2.63tn | ¥1.94tn | ¥1.50tn | ¥2.04tn | ¥2.16tn | ¥2.32tn | ¥1.91tn | ¥1.90tn | ¥2.49tn | ¥2.43tn | ¥2.75tn | ¥2.73tn | ¥2.98tn |
| YoY | % | — | +25.6% | +13.8% | +12.8% | -26.3% | -22.6% | +36.2% | +5.7% | +7.3% | -17.3% | -0.9% | +31.1% | -2.2% | +13.1% | -0.7% | +9.2% |
| Interest-bearing debt | JPY | ¥2.26tn | ¥2.28tn | ¥2.55tn | ¥2.80tn | ¥2.01tn | ¥2.13tn | ¥2.43tn | ¥2.26tn | ¥2.22tn | ¥2.30tn | ¥2.04tn | ¥2.74tn | ¥3.11tn | ¥2.82tn | ¥2.34tn | ¥2.19tn |
| Equity ratio | % | 26.0% | 30.6% | 32.0% | 33.7% | 26.1% | 22.3% | 30.7% | 25.5% | 27.3% | 23.9% | 23.5% | 25.8% | 24.4% | 27.1% | 31.1% | 32.8% |
| Change | pp | — | +4.6pp | +1.4pp | +1.7pp | -7.6pp | -3.8pp | +8.4pp | -5.2pp | +1.8pp | -3.4pp | -0.4pp | +2.3pp | -1.4pp | +2.7pp | +4.0pp | +1.7pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Cash flow Operating CF Investing CF Financing CF
Cash generated by operations, spent on investment and raised or repaid in financing (¥ bn)
| Fiscal year | Unit | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2015 *1 FYE Mar | 2016 *1 FYE Mar | 2017 *1 FYE Mar | 2018 *1 FYE Mar | 2019 *1 FYE Mar | 2020 *1 FYE Mar | 2021 *1 FYE Mar | 2022 *1 FYE Mar | 2023 *1 FYE Mar | 2024 *1 FYE Mar | 2025 *1 FYE Mar | 2026 *1 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | JPY | ¥211bn | ¥247bn | ¥266bn | ¥305bn | ¥737bn | ¥555bn | ¥231bn | ¥707bn | ¥344bn | ¥511bn | ¥679bn | ¥210bn | -¥110bn | ¥1.01tn | ¥577bn | ¥620bn |
| YoY | % | — | +16.7% | +7.7% | +14.9% | +141.6% | -24.7% | -58.4% | +206.3% | -51.3% | +48.4% | +33.0% | -69.1% | -152.6% | — | -42.9% | +7.5% |
| Investing CF | JPY | -¥171bn | -¥199bn | -¥426bn | -¥480bn | -¥378bn | -¥308bn | -¥238bn | -¥95bn | -¥207bn | -¥371bn | -¥307bn | -¥350bn | -¥116bn | -¥241bn | ¥131bn | -¥252bn |
| Financing CF | JPY | -¥71bn | -¥37bn | ¥154bn | ¥180bn | -¥326bn | -¥88bn | -¥161bn | -¥508bn | -¥197bn | -¥120bn | -¥355bn | ¥226bn | -¥13bn | -¥331bn | -¥630bn | -¥361bn |
| Cash & equivalents | JPY | ¥232bn | ¥241bn | ¥249bn | ¥280bn | ¥328bn | ¥491bn | ¥296bn | ¥437bn | ¥379bn | ¥393bn | ¥412bn | ¥524bn | ¥312bn | ¥776bn | ¥847bn | ¥877bn |
| YoY | % | — | +3.7% | +3.4% | +12.4% | +17.1% | +49.8% | -39.9% | +47.9% | -13.3% | +3.8% | +4.8% | +27.1% | -40.5% | +149.1% | +9.1% | +3.6% |
- *1 Securities report (yuka shoken hokokusho), as filed
Key ratios Operating margin Net margin ROE Equity ratio
Profitability and balance-sheet strength (%). ROE uses year-end equity.
| Fiscal year | Unit | 2002 *1 FYE Mar | 2003 *1 FYE Mar | 2004 *1 FYE Mar | 2005 *1 FYE Mar | 2011 *1 FYE Mar | 2012 *1 FYE Mar | 2013 *1 FYE Mar | 2014 *1 FYE Mar | 2015 *1 FYE Mar | 2016 *1 FYE Mar | 2017 *1 FYE Mar | 2018 *1 FYE Mar | 2019 *1 FYE Mar | 2020 *1 FYE Mar | 2021 *1 FYE Mar | 2022 *1 FYE Mar | 2023 *1 FYE Mar | 2024 *1 FYE Mar | 2025 *1 FYE Mar | 2026 *1 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | % | — | — | — | — | 3.5% | 3.1% | 2.2% | 1.7% | -2.0% | -0.7% | 3.9% | 4.7% | 4.8% | -1.1% | 3.3% | 7.2% | 1.9% | 3.1% | 0.9% | 4.0% |
| Change | pp | — | — | — | — | — | -0.4pp | -0.9pp | -0.5pp | -3.7pp | +1.3pp | +4.6pp | +0.8pp | +0.1pp | -5.9pp | +4.4pp | +3.9pp | -5.3pp | +1.2pp | -2.2pp | +3.1pp |
| Net margin | % | 0.6% | 0.8% | -3.1% | 2.7% | 3.2% | 1.6% | 1.4% | 0.9% | -2.5% | -3.2% | 2.3% | 3.5% | 2.9% | -1.9% | 1.5% | 4.9% | 1.0% | 2.3% | 1.8% | 2.2% |
| Change | pp | — | +0.2pp | -3.9pp | +5.8pp | — | -1.6pp | -0.2pp | -0.5pp | -3.4pp | -0.7pp | +5.5pp | +1.2pp | -0.6pp | -4.8pp | +3.4pp | +3.4pp | -3.9pp | +1.3pp | -0.5pp | +0.4pp |
| ROE | % | — | — | — | — | 19.1% | 8.3% | 6.9% | 4.1% | -14.3% | -18.6% | 7.8% | 16.8% | 13.9% | -9.8% | 6.0% | 21.6% | 5.9% | 10.5% | 8.3% | 8.7% |
| Change | pp | — | — | — | — | — | -10.8pp | -1.4pp | -2.8pp | -18.4pp | -4.3pp | +26.4pp | +9.0pp | -2.9pp | -23.7pp | +15.8pp | +15.6pp | -15.7pp | +4.6pp | -2.2pp | +0.4pp |
| Equity ratio | % | — | — | — | — | 26.0% | 30.6% | 32.0% | 33.7% | 26.1% | 22.3% | 30.7% | 25.5% | 27.3% | 23.9% | 23.5% | 25.8% | 24.4% | 27.1% | 31.1% | 32.8% |
| Change | pp | — | — | — | — | — | +4.6pp | +1.4pp | +1.7pp | -7.6pp | -3.8pp | +8.4pp | -5.2pp | +1.8pp | -3.4pp | -0.4pp | +2.3pp | -1.4pp | +2.7pp | +4.0pp | +1.7pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Revenue in US dollars Revenue (US$m)
The revenue line above, converted at the average ¥/US$ rate of each figure’s own year — never today’s.
Between 2011–2026, ENEOS Holdings’s revenue grew 1.2-fold in yen (1.3% a year). Converted at each year’s own average rate, the same span is 0.6-fold in dollars (-3.2% a year), from $121bn to $74bn. The dollar figure grew more slowly because the yen weakened over the period: part of the growth an investor sees in yen does not survive translation into dollars.
| Fiscal year | Unit | 2011 *4 FYE Mar | 2012 *4 FYE Mar | 2013 *4 FYE Mar | 2014 *4 FYE Mar | 2015 *4 FYE Mar | 2016 *4 FYE Mar | 2017 *4 FYE Mar | 2018 *4 FYE Mar | 2019 *4 FYE Mar | 2020 *4 FYE Mar | 2021 *4 FYE Mar | 2022 *4 FYE Mar | 2023 *4 FYE Mar | 2024 *4 FYE Mar | 2025 *4 FYE Mar | 2026 *4,5 FYE Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | USD | $121bn | $134bn | $115bn | $117bn | $90bn | $80bn | $73bn | $93bn | $102bn | $94bn | $70bn | $83bn | $107bn | $81bn | $82bn | $74bn |
| YoY | % | — | +11.3% | -14.5% | +2.0% | -23.3% | -10.7% | -9.6% | +28.6% | +9.4% | -8.2% | -25.6% | +19.2% | +28.5% | -23.8% | +1.1% | -9.7% |
| Revenue as filed | JPY | ¥9.63tn | ¥10.7tn | ¥11.2tn | ¥12.4tn | ¥10.9tn | ¥8.74tn | ¥8.14tn | ¥10.3tn | ¥11.1tn | ¥10.0tn | ¥7.66tn | ¥10.9tn | ¥15.0tn | ¥12.3tn | ¥12.3tn | ¥11.8tn |
| Rate applied | ¥/US$ | ¥79.78 | ¥79.79 | ¥97.60 | ¥105.84 | ¥121.02 | ¥108.84 | ¥112.16 | ¥110.40 | ¥109.01 | ¥106.78 | ¥109.78 | ¥131.37 | ¥140.51 | ¥151.50 | ¥149.65 | ¥158.16 |
- *1 1949-1971: Fixed Bretton Woods peg ¥360/$ (Dodge Line 1949; Smithsonian ¥308 from Dec 1971).
- *2 1972: Smithsonian peg ¥308/$ (held until Feb 1973 float).
- *3 1973-1979: JIL (Japan Institute for Labour Policy and Training) g0001.xlsx — fiscal-year (Apr–Mar) basis, integer-rounded. PROVISIONAL; upgrade to BOJ FXERM07 calendar-year later.
- *4 1980-2026: Bank of Japan stat-search FM08'FXERM07 (Tokyo market, USD/JPY spot, 17:00 fixing, monthly average) — calendar-year average of monthly averages.
- *5 Provisional — part-year average, not a full calendar year.
Reporting basis
Which accounting standard each stretch of the series was filed under, and whether the accounts are consolidated.
The series crosses 2 reporting regimes — consolidated Japanese GAAP for 2011–2012; and consolidated IFRS for 2013–2026. Figures are not strictly comparable across a change of basis: consolidation in particular adds subsidiaries that were previously outside the accounts.
| Fiscal years | Standard | Basis | Years |
|---|---|---|---|
| 2011–2012 | Japanese GAAP | consolidated | 2 |
| 2013–2026 | IFRS | consolidated | 14 |
All figures are in Japanese yen as filed. Where a foreign-currency comparison is needed elsewhere on this site, yen amounts are converted at the average rate of each figure's own year — not today's rate. Exchange rates & sources →
Read the company history → 日本語版（詳細）— full financial data in Japanese →
Data API
ENEOS Holdings’s history, financials, executives and
shareholders are published as static JSON — no key, plain GET.
Full specification →
/api/5020/manifest.json ·/api/5020/history.json ·/api/5020/timeline.json ·/api/5020/decisions.json ·/api/5020/executives.json ·/api/5020/shareholders.json ·/api/5020/financials.json ·/api/5020/financials-longterm.json ·/api/5020/segments.json ·/api/5020/regions.json ·/api/5020/workforce.json · /api/5020/decisions/{slug}.json