JXTG Holdings, Inc. in Japan announced a sales revenue forecast of approximately 10,050 billion Japanese yen for the fiscal year 2020, a decline of 350 billion yen compared to the previous forecast published in November 2019. The forecast for the operating income in the same year decreased by approximately 490 billion yen compared to the previous reporting. Headquartered in Tokyo, JXTG Holdings, Inc. is a Japanese petroleum and metals company established in 2010.
In the forecast revision report, the company states the impact of the novel coronavirus (COVID-19) as the main reason for the revised numbers.
Revised forecast of financial result announced by JXTG Holdings, Inc. in fiscal year 2020
(in billion Japanese yen)
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JXTG Holdings. (March 26, 2020). Revised forecast of financial result announced by JXTG Holdings, Inc. in fiscal year 2020 (in billion Japanese yen) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1110044/jxtg-holdings-revised-financial-results-forecast/
JXTG Holdings. "Revised forecast of financial result announced by JXTG Holdings, Inc. in fiscal year 2020 (in billion Japanese yen)." Chart. March 26, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1110044/jxtg-holdings-revised-financial-results-forecast/
JXTG Holdings. (2020). Revised forecast of financial result announced by JXTG Holdings, Inc. in fiscal year 2020 (in billion Japanese yen). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1110044/jxtg-holdings-revised-financial-results-forecast/
JXTG Holdings. "Revised Forecast of Financial Result Announced by Jxtg Holdings, Inc. in Fiscal Year 2020 (in Billion Japanese Yen)." Statista, Statista Inc., 26 Mar 2020, https://www.statista.com/statistics/1110044/jxtg-holdings-revised-financial-results-forecast/
JXTG Holdings, Revised forecast of financial result announced by JXTG Holdings, Inc. in fiscal year 2020 (in billion Japanese yen) Statista, https://www.statista.com/statistics/1110044/jxtg-holdings-revised-financial-results-forecast/ (last visited December 21, 2024)
Revised forecast of financial result announced by JXTG Holdings, Inc. in fiscal year 2020 (in billion Japanese yen) [Graph], JXTG Holdings, March 26, 2020. [Online]. Available: https://www.statista.com/statistics/1110044/jxtg-holdings-revised-financial-results-forecast/