[Japan Petroleum Exploration] Full Fiscal Year 2026 Results | Sales of ¥340 billion (YoY -12.5%)

Overview of Business Performance

The consolidated financial results for the fiscal year ending March 2026 show sales of ¥340 billion (decrease of 12.5% compared to the previous period), operating profit of ¥3.9 billion (-37.2%), and net income of ¥5.3 billion (-34.2%). The decline is mainly due to decreases in selling prices of crude oil and natural gas, as well as a reduction in liquefied natural gas sales volume. Segments impacted include the E&P business with sales of ¥109.2 billion (-15.3%) and the infrastructure and utility segment with sales of ¥172.3 billion (-8.9%). Despite significant pressure on profits due to increased costs and decreased sales volume, the company is focusing on decarbonization strategies and strengthening assets as future growth initiatives.

Outlook and Shareholder Returns

For the fiscal year ending March 2027, sales are projected to be approximately ¥303 billion (-11.0%) and net income to be ¥6 billion (+12.3%), influenced by fluctuations in crude oil prices and geopolitical developments in the Middle East. The dividend is scheduled to be ¥65 per share annually, with ongoing share buybacks and stock splits. While responding to external environmental changes, the company aims to improve capital efficiency and optimize its business portfolio to enhance corporate value.