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Japan Petroleum Exploration, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 12%

Wed Nov 12, 2025 2:00 pm JST Earnings

1662 Japan Petroleum Exploration Co., Ltd. 【J-GAAP】

Earnings Report

Japan Petroleum Exploration Co., Ltd. <1662> [TSE Prime] announced its financial results in the afternoon session on November 12th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 27.6% from the same period last year, reaching 32.9 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 12.0%, from the previous forecast of 39.3 billion yen to 44.0 billion yen (compared to 64.2 billion yen in the previous period), and the declining rate is expected to decrease from 38.8% to 31.5%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to significant drop 71.2% from the same period last year to 11.0 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 31.0% from the same period last year, reaching 12.1 billion yen. However, the operating profit margin significantly dropped from 16.8% in the same period last year to 10.3%.

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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
Apr - Sep, 2023 150,708 28,501 39,135 27,770 102.4 56.9 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 183,606 28,771 25,815 21,139 81.5 40.2 Nov 13, 2024 J-GAAP
Apr - Sep, 2025 168,140 25,507 32,937 27,055 105.7 74.9 Nov 12, 2025 J-GAAP
YoY -8.4% -11.3% +27.6% +28.0% +29.8%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance ー ー ー ー － 20 May 13, 2025 J-GAAP
Apr - Sep, 2025 Results 168,140 25,507 32,937 27,055 105.7 20 Nov 12, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 330,000 31,000 39,300 33,000 128.9 40 Aug 7, 2025 J-GAAP
Mar, 2026 New 333,000 35,000 44,000 36,000 140.7 40 Nov 12, 2025 J-GAAP
Revision Rate +0.9% +12.9% +12.0% +9.1% +9.1%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 205,476 33,241 38,406 60,014 232.9 30 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 164,860 9,493 11,063 8,945 35.0 20 Nov 12, 2025 J-GAAP
YoY -19.8% -71.4% -71.2% -85.1% -85.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 325,863 55,247 68,808 53,661 198.9 60 May 14, 2024 J-GAAP
Mar, 2025 389,082 62,012 64,221 81,153 314.9 55 May 13, 2025 J-GAAP
Mar, 2026 Guidance 333,000 35,000 44,000 36,000 140.7 40 Nov 12, 2025 J-GAAP
YoY -14.4% -43.6% -31.5% -55.6% -55.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 94,141 15,823 9,255 9,646 37.2 16.8 Nov 13, 2024 J-GAAP
Oct - Dec, 2024 91,214 15,739 20,995 53,301 206.3 17.3 Feb 12, 2025 J-GAAP
Jan - Mar, 2025 114,262 17,502 17,411 6,713 26.1 15.3 May 13, 2025 J-GAAP
Apr - Jun, 2025 82,844 16,699 20,810 15,714 61.4 20.2 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 85,296 8,808 12,127 11,341 44.3 10.3 Nov 12, 2025 J-GAAP
YoY -9.4% -44.3% +31.0% +17.6% +19.2%

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