Nisshin OilliO HOME > Investor Relations > Annual Review

Annual Review

Financial Summary

In fiscal 2017 (the fiscal year ended March 31, 2018), the Nisshin OilliO Group posted lower earnings on higher net sales. Consolidated net sales amounted to ¥337,998 million (up 4.0% year on year), while operating income was ¥9,102 million (down 11.1%) and ordinary income was ¥9,276 million (down 10.2%). Net income attributable to the parent’s shareholders was ¥6,930 million (down 8.5%).

Fiscal 2017 was the first year of OilliO Value Up 2020, our medium-term management plan launched in April 2017. The environment for the procurement of raw materials remained under pressure, as highlighted by the high prices of rapeseed, a key raw material. Looking at consolidated business results, the company posted lower earnings on higher sales. However, our initiatives to develop high value-added businesses have steadily led to results, including steady progress on the expansion of sales of high value-added products.

Under OilliO Value Up 2020, our medium-term management plan running to fiscal 2020, we have adopted a basic policy of shifting our focus more towards a growth trajectory for the future, in conjunction with carrying on the business structure reforms undertaken to date. In fiscal 2018, the plan’s second year, we forecast consolidated net sales of ¥357,000 million and record-high earnings, specifically operating income of ¥10,800 million, ordinary income of ¥11,400 million and net income attributable to the parent’s shareholders of ¥8,000 million.

To achieve those forecasts, we have adopted the following management policies for fiscal 2018:

  • Pursue globalization and a business model that adds diverse value
  • Implement measures for acquiring stable profits from the Domestic Oil and Fat Business and further streamlining

We believe that nurturing high value-added businesses is a crucial priority for these policies. In each of the Group’s business domains, we will implement measures with a view to making proactive investments.

* For details on the medium-term management plan, please see pages 2 and 3.

Find out more

Annual Review 2018 PDF (1,887 kb)

Annual Review 2018

Back Number

Annual Review 2017 PDF (2,046 kb)
Annual Review 2016 PDF (5,300 kb)
Annual Review 2015 PDF (4,202 kb)
Annual Review 2014 PDF (3,576 kb)
Annual Review 2013 PDF (2,337 kb)
The files above are in Adobe Acrobat Format. To view them you will need Acrobat Reader.