Financial Results for Nine Months Ended December 31, 2023 slide image

Financial Results for Nine Months Ended December 31, 2023

II. Revised Financial Forecasts for the fiscal year ending March 31, 2024 Operating Profit Forecasts (vs Nov. 10 Forecasts) OP total E&P-Overseas E&P-Japan I/U Others (9.0) (8.9) 12.8 14.4 19.0 25.9 25.4 (Billion Yen) 48.8 50.7 JAPEX E&P Business Overseas : +1.6 bn. 12.8 bn. → 14.4 bn. Sales begin from the Seagull project in U.K. North Sea (+) Increased production remuneration for the Iraqi Garraf • project (+) Japan (0.4 bn.) • • 25.9 bn. → 25.4 bn. Increase in operating costs (-) Increase in sales volume of crude oil (+) • • 19.7 Internal transaction price from E&P Business to I/U Business for the internal management +0.6 bn. I/U Business 19.0 bn. -> 19.7 bn. Increase in marginal gain on LNG procurement (+) +0.1 bn. (20.0) (10.0) 0.0 10.0 20.0 30.0 40.0 50.0 60.0 * | Initial (f) Nov.10, 2023 | Revised (f) Feb.9, 2024 Others* (9.0 bn.) → (8.9 bn.) Operating profit not belonging to the above business units (contracting, oil products and commodities, and others) less headquarters administrative expenses Note) The amounts in the operating profit breakdown by business segment are the figures for the Group's internal management Copyright 2024 Japan Petroleum Exploration Co., Ltd. (JAPEX) All Rights Reserved. 15
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