Japan Petroleum Exploration Co., Ltd.
Formulation of “JAPEX Management Plan 2026-2035”
Formulated a mid- to long-term management plan aiming to build core asset groups through 1.5 trillion yen growth investment, targeting net income exceeding 100 billion yen and ROE of 12% or more by fiscal 2035.
Key Figures
- Total Growth Investment: 1.5 trillion yen (cumulative fiscal 2022–2035)
- Production Volume Target: 180,000 boe/d (fiscal 2035)
- Net Income Target: Over 100 billion yen (fiscal 2035)
AI要約
Overview of the Management Plan
Japan Petroleum Exploration Co., Ltd. has formulated the mid- to long-term management plan "JAPEX Management Plan 2026-2035". The period from fiscal 2026 to 2030 is positioned as the phase to build core asset groups focused on overseas E&P and CCUS, while fiscal 2031 to 2035 is designated as the period for full-scale revenue contribution. Total growth investment amounts to 1.5 trillion yen, aiming to expand production volume from the fiscal 2025 forecast of 45,000 boe/d to 180,000 boe/d by fiscal 2035. The CO2 storage target is over 8 million tons cumulatively, with net income expected to exceed 100 billion yen and ROE to reach 12% or more.
Business Strategy and Financial/Capital Strategy
The business strategy focuses management resources in four regions: the United States, Norway, Japan, and Southeast Asia to expand a stable earnings base. The financial strategy sets an ROE target of 12% considering rising capital costs and strengthens ROIC management. The shareholder return policy is based on a dividend payout ratio of 30%, with a minimum dividend of 40 yen per share established. Growth investments plan continuous reinvestment, emphasizing acquisition and startup of large-scale projects.
Japan Petroleum Exploration Co., Ltd.
Company overview · Stock price · Financial data · All IR