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 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-22","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/1662-20260422-01.pdf","jir_short_summary":"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.","jir_summary":"### Overview of the Management Plan\nJapan 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.\n\n### Business Strategy and Financial\/Capital Strategy\nThe 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.","jir_financial_highlights":"Growth Investment: 1.5 trillion yen (Including 514.3 billion yen cumulative from fiscal 2022 to 2025)\nProduction Volume: 180,000 boe\/d (Increase from 45,000 boe\/d forecast for fiscal 2025)\nCO2 Storage Volume: Over 8 million tons cumulative (Fiscal 2035 target)\nNet Income Attributable to Owners of Parent: 100 billion yen (Fiscal 2035 target, increased from 75 billion yen forecast for fiscal 2025)\nROE: 12% or more (Fiscal 2035 target, rising from 6.7% forecast for fiscal 2025)","jir_category":"","jir_hashtags":"#JapanPetroleumExploration, #ManagementPlan, #MidLongTermStrategy","jir_key_figures":"Total Growth Investment: 1.5 trillion yen (cumulative fiscal 2022\u20132035)\nProduction Volume Target: 180,000 boe\/d (fiscal 2035)\nNet Income Target: Over 100 billion yen (fiscal 2035)","jir_meta_title":"\u3010Japan Petroleum Exploration\u3011 2035 Management Plan\uff5cAiming for Over 100 Billion Yen Net Income with 1.5 Trillion Yen Growth Investment","jir_meta_description":"Japan Petroleum Exploration announces mid- to long-term management plan through 2035. Targets include 1.5 trillion yen growth investment, production volume of 180,000 boe\/d, net income exceeding 100 billion yen, and ROE of 12% or more.","jir_og_title":"\u3010Japan Petroleum Exploration\u3011 2035 Management Plan\uff5cAiming for Over 100 Billion Yen Net Income with 1.5 Trillion Yen Growth Investment","jir_og_description":"Japan Petroleum Exploration establishes mid- to long-term plan through 2035. Sets targets of 1.5 trillion yen growth investment, 180,000 boe\/d production volume, and net income exceeding 100 billion yen.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":7990,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-41670","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n