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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-12","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/1662-20260212-02.pdf","jir_short_summary":"Operating income for the third quarter of FY2026 March was 32 billion yen (28% decrease YoY), net income attributable to owners of parent for the quarter was 39.7 billion yen (47% decrease YoY), and earnings forecast was revised upward with operating income forecasted at 39 billion yen.","jir_summary":"### Overview of Financial Performance\nOperating income for the third quarter of FY2026 March was 32 billion yen, a 28% decrease compared to the same period last year. Ordinary income increased by 5% to 49.2 billion yen; however, net income attributable to owners of parent for the quarter fell 47% to 39.7 billion yen. The decrease in operating income was mainly due to declines in crude oil and natural gas sales prices, while ordinary income benefited from a turnaround from equity-method investment losses to gains. An increase in foreign exchange gains also boosted ordinary income, but a drop in gains on sales of investment securities led to a net income decline.\n\n### Segment Performance and Business Progress\nThe E&P business recorded revenue of 82.734 billion yen, down 14% YoY, impacted by reduced crude oil sales volume and lower sales prices. The Infrastructure & Utility business posted revenue of 126.386 billion yen, a 2% decrease mainly due to reduced LNG sales volume. Operating income in overseas E&P fell from 20.3 billion yen to 17.5 billion yen, and domestic E&P decreased from 20 billion yen to 11.8 billion yen. Other businesses saw operating income deteriorate due to increased administrative expenses.\n\n### Revision of Earnings Forecast\nFor FY2026 March, the earnings forecast was revised upward: operating income was increased from 35 billion yen to 39 billion yen, ordinary income from 44 billion yen to 55 billion yen, and net income attributable to owners of parent from 36 billion yen to 45 billion yen. The main factors were increased overseas sales and foreign exchange gains due to yen depreciation. Revenue is expected to be 3.47 trillion yen, gross profit 766 billion yen, and operating income 39 billion yen.","jir_financial_highlights":"Operating Income: 32 billion yen (28% decrease YoY)\nOrdinary Income: 49.2 billion yen (5% increase YoY)\nNet Income Attributable to Owners of Parent for the Quarter: 39.7 billion yen (47% decrease YoY)\nRevenue: 260.318 billion yen (5% decrease YoY)\nEarnings Forecast Operating Income: 39 billion yen (+4 billion yen compared to 11\/12 forecast)\nEarnings Forecast Ordinary Income: 55 billion yen (+11 billion yen compared to 11\/12 forecast)\nEarnings Forecast Net Income Attributable to Owners of Parent: 45 billion yen (+9 billion yen compared to 11\/12 forecast)","jir_category":"","jir_hashtags":"#JapanPetroleumExploration, #FinancialPresentationMaterials, #JapaneseStocks","jir_key_figures":"Operating Income: 32 billion yen (28% decrease YoY)\nNet Income Attributable to Owners of Parent for the Quarter: 39.7 billion yen (47% decrease YoY)\nEarnings Forecast Operating Income: 39 billion yen (+4 billion yen compared to 11\/12 forecast)","jir_meta_title":"Japan Petroleum Exploration FY2026 March 3Q Financial Results Operating Income 32 Billion Yen Down 28%","jir_meta_description":"Japan Petroleum Exploration FY2026 March 3Q results: Operating income at 32 billion yen (28% decrease YoY), net income attributable to owners of parent for the quarter at 39.7 billion yen (47% decrease). Earnings forecast revised upward to operating income of 39 billion yen.","jir_og_title":"Japan Petroleum Exploration FY2026 3Q Financial Results Announcement","jir_og_description":"Operating income of 32 billion yen representing a 28% decrease YoY. 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