kabutan

INPEX, Net Income Forecast for the Fiscal Year Revised Upward by 23%, Dividend Revised Upward by 10 Yen

Fri Aug 8, 2025 3:00 pm JST Earnings

1605 INPEX CORPORATION 【J-GAAP】

Earnings Report

INPEX CORPORATION <1605> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on August 8th (15:00). The consolidated net income for the cumulative second quarter of the fiscal year ending December 2025 (January to June) increased 5.1% from the same period last year, reaching 223 billion yen.

In addition, the full-year forecast for consolidated net income has been revised upward 23.3%, from the previous forecast of 300 billion yen to 370 billion yen (compared to 427 billion yen in the previous period), and the declining rate is expected to decrease from 29.8% to 13.4%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the July to December period (second half) is expected to drop 31.8% from the same period last year to 146 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 90 yen to 100 yen (compared to 86 yen in the previous period).

In the most recent three-month period, from April to June (2Q), the consolidated net income grew 7.1% from the same period last year, reaching 97.2 billion yen. The operating profit margin rose from 53.9% in the same period last year to 57.2%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Jun, 2023 1,078,994 607,248 709,505 248,493 190.3 56.6 Aug 9, 2023 IFRS
Jan - Jun, 2024 1,190,861 700,071 713,216 212,586 169.3 54.9 Aug 8, 2024 IFRS
Jan - Jun, 2025 1,048,867 616,882 644,984 223,527 186.7 56.9 Aug 8, 2025 IFRS
YoY -11.9% -11.9% -9.6% +5.1% +10.3%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 Guidance 1,018,000 584,000 603,000 219,000 182.9 45 May 13, 2025 IFRS
Jan - Jun, 2025 Results 1,048,867 616,882 644,984 223,527 186.7 50 Aug 8, 2025 IFRS
Revision Rate +3.0% +5.6% +7.0% +2.1% +2.1%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2025 Prev 1,822,000 916,000 957,000 300,000 254.5 90 May 13, 2025 IFRS
Dec, 2025 New 1,995,000 1,085,000 1,133,000 370,000 313.9 100 Aug 8, 2025 IFRS
Revision Rate +9.5% +18.4% +18.4% +23.3% +23.3%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 1,074,976 571,718 585,595 214,758 173.5 43 Feb 13, 2025 IFRS
Jul - Dec, 2025 Guidance 946,133 468,118 488,016 146,473 124.3 50 Aug 8, 2025 IFRS
YoY -12.0% -18.1% -16.7% -31.8% -28.4%

Current Period Guidance

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 Guidance 1,995,000 1,085,000 1,133,000 370,000 313.9 100 Aug 8, 2025 IFRS
YoY -12.0% -14.7% -12.8% -13.4% -9.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Apr - Jun, 2024 594,061 319,969 340,293 90,757 72.3 53.9 Aug 8, 2024 IFRS
Jul - Sep, 2024 556,696 318,008 335,196 76,836 61.6 57.1 Nov 12, 2024 IFRS
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
YoY -13.8% -8.4% -9.0% +7.1% +12.4%

Related Articles