Japan Petroleum Exploration Co., Ltd. TSE:1662

Japan Petroleum Exploration : Financial Results for the Nine Months Ended December 31, 2025 (928.1 KB)

Published February 12, 2026 at 5:08 a.m. UTC

Source: MarketScreener

[Explanatory Material] Financial Results for the Nine Months Ended December 31, 2025

February 12, 2026

Japan Petroleum Exploration Co., Ltd.

Note: This document has been translated from the Japanese original for reference purposes only.

In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

Contents

Financial Highlights
Financial Results for the Nine Months Ended December 31, 2025
Revised Financial Forecasts for the Fiscal Year Ending March 31, 2026

Note: This material also serves as the presentation material for the financial results briefing for the institutional investors and analysts to be held on February 13, 2026.

Financial Highlights
Financial Results for the Nine Months Ended December 31, 2025
Revised Financial Forecasts for the Fiscal Year Ending March 31, 2026

Ⅰ. Financial Highlights

1-3Q FY3/26 Results （Year-on-Year）

Financial Highlights

(Billion Yen)	1-3Q FY3/25 (a)	1-3Q FY3/26 (a)	Change
Operating profit	44.5	32.0	(12.4)
Ordinary profit	46.8	49.2	＋2.4
Profit attributable to owners of parent	74.4	39.7	(34.6)

Operating profit ︓ Decrease in sales prices of crude oil and natural gas（－）
Ordinary profit ︓ Reversal from equity method loss to equity method profit（＋）

Profit attributable to owners of parent ︓ Absence of gain on sale of investment securities（－）

FY3/26 Forecasts Revision （vs Nov.12 Forecasts）

(Billion Yen)	Previous (f) Nov. 12, 2025	Revised (f) Feb. 12,2026	Change
Operating profit	35.0	39.0	+4.0
Ordinary profit	44.0	55.0	+11.0
Profit attributable to owners of parent	36.0	45.0	＋9.0

Operating profit ︓ Expect to increase yen-converted business results of overseas subsidiaries due to the weaker yen （＋）
Ordinary profit ︓ Expect to increase foreign exchange gain

（＋）

Shareholder Returns

Interim dividend: 20 yen per share

Year-end dividend forecast: 20 yen per share

The dividend forecast is currently unchanged from the initial forecast of the year-end dividend (20 yen). The year-end dividend will be decided taking into consideration factors including a full-year business results based on the basic policy to pay dividends in line with business results for each fiscal year, with a target consolidated payout ratio of 30% basically.

Major Business Progress

E&P

Decided to acquire U.S. tight oil and gas assets through the acquisition of all equity interests in Verdad Resources Intermediate Holdings LLC (Dec)
Acquisition of exploration licenses in Norway (Jan)
I/U
CN
- Decided to transfer the gas manufacturing, sales, and gas pipeline business in Hokkaido Prefecture (Dec)
- Commenced exploratory drilling operations off the coast of Tomakomai City, Hokkaido Prefecture under the CCS business act (Nov)

Financial Highlights
Financial Results for the Nine Months Ended December 31, 2025
Revised Financial Forecasts for the Fiscal Year Ending March 31, 2026

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