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INPEX, 16% Decrease in Net Income for The Current Fiscal Year, Dividend Raised by 8 Yen
1605 INPEX CORPORATION 【IFRS】
Earnings ReportINPEX CORPORATION <1605> [TSE Prime] announced its financial results (based on IFRS) after the market closed on February 12th (15:30). The consolidated net income for the fiscal year ended December 2025 decreased by 7.8% from the previous period to 393 billion yen. For the fiscal year ending December 2026, the consolidated net income is expected to decrease by 16.2% from the previous period to 330 billion yen.
At the same time, the company has decided to increase the dividend this fiscal year to 108 yen, an increase of 8 yen from the previous fiscal year.
In the most recent three-month period, from October to December (4Q), the consolidated net income decreased to 100 billion yen, a 27.2% decrease compared to the same period last year. However, the operating profit margin rose from 49.0% in the same period last year to 53.5%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 2,164,516 | 1,114,189 | 1,253,384 | 321,708 | 248.6 | 74 | Feb 13, 2024 | IFRS |
| Dec, 2024 | 2,265,837 | 1,271,789 | 1,298,811 | 427,344 | 345.3 | 86 | Feb 13, 2025 | IFRS |
| Dec, 2025 | 2,011,351 | 1,135,440 | 1,173,473 | 393,836 | 330.8 | 100 | Feb 12, 2026 | IFRS |
| YoY | -11.2% | -10.7% | -9.7% | -7.8% | -4.2% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Guidance | 2,000,000 | 1,120,000 | 1,170,000 | 390,000 | 332.5 | 100 | Nov 13, 2025 | IFRS |
| Dec, 2025 Results | 2,011,351 | 1,135,440 | 1,173,473 | 393,836 | 330.8 | 100 | Feb 12, 2026 | IFRS |
| Revision Rate | +0.6% | +1.4% | +0.3% | +1.0% | -0.5% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 1,048,867 | 616,882 | 644,984 | 223,527 | 186.7 | 50 | Aug 8, 2025 | IFRS |
| Jan - Jun, 2026 Guidance | 971,000 | 476,000 | 500,000 | 150,000 | 129.1 | 54 | Feb 12, 2026 | IFRS |
| YoY | -7.4% | -22.8% | -22.5% | -32.9% | -30.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2024 | 2,265,837 | 1,271,789 | 1,298,811 | 427,344 | 345.3 | 86 | Feb 13, 2025 | IFRS |
| Dec, 2025 | 2,011,351 | 1,135,440 | 1,173,473 | 393,836 | 330.8 | 100 | Feb 12, 2026 | IFRS |
| Dec, 2026 Guidance | 1,893,000 | 957,000 | 1,000,000 | 330,000 | 284.0 | 108 | Feb 12, 2026 | IFRS |
| YoY | -5.9% | -15.7% | -14.8% | -16.2% | -14.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 518,280 | 253,710 | 250,399 | 137,922 | 111.5 | 49.0 | Feb 13, 2025 | IFRS |
| Jan - Mar, 2025 | 536,899 | 323,873 | 335,359 | 126,293 | 105.5 | 60.3 | May 13, 2025 | IFRS |
| Apr - Jun, 2025 | 511,968 | 293,009 | 309,625 | 97,234 | 81.2 | 57.2 | Aug 8, 2025 | IFRS |
| Jul - Sep, 2025 | 471,780 | 256,061 | 266,859 | 69,883 | 58.4 | 54.3 | Nov 13, 2025 | IFRS |
| Oct - Dec, 2025 | 490,704 | 262,497 | 261,630 | 100,426 | 84.4 | 53.5 | Feb 12, 2026 | IFRS |
| YoY | -5.3% | +3.5% | +4.5% | -27.2% | -24.3% |
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