Q1 Financial Summary for the Fiscal Year Ending December 2026 [IFRS] (Consolidated)

Performance Overview

The consolidated performance for the first quarter of the fiscal year ending December 2026 showed sales revenue of $1,077,078 thousand (up 23.4% YoY), operating profit of $122,741 thousand (up 63.2% YoY), and net income attributable to owners of the parent of $99,144 thousand (up 78.2% YoY). Supporting factors include steady progress on the FPSO construction projects, contributing to sales revenue and gross profit recognition. Additionally, investment income using the equity method increased by 0.6% YoY. Basic earnings per share for the quarter increased to $1.45 from $0.81 YoY.

Financial Position and Outlook

As of the end of the first quarter of the fiscal year ending December 2026, total assets were $4,862,082 thousand, and total equity was $1,545,164 thousand, both increased from the previous year's end. The consolidated earnings forecast projects sales revenue of $4,600,000 thousand (up 0.4% YoY), operating profit of $460,000 thousand (up 5.1% YoY), and net income attributable to owners of the parent of $370,000 thousand (up 2.6% YoY). The annual dividend is forecasted at JPY 200.