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EconomyJapan's Eneos raises FY2026 net profit forecast by 48% on stronger oil prices

Eneos Holdings, Japan’s largest oil refiner, lifted its fiscal 2026 net profit forecast by 48% to 615 billion yen ($3.87 billion) on Wednesday, citing stronger-than-expected oil prices despite a substantial impairment on renewable energy assets.

Eneos Holdingsprofit forecastoil pricesoil refining

RReuters★★☆☆☆2026-11-11 09:45Original

Japan's Eneos raises FY2026 net profit forecast by 48% on stronger oil prices
Japan's Eneos raises FY2026 net profit forecast by 48% on stronger oil pricesEconomy