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Investor Presentaiton

Results for the 2Q FY2023 ■ Summary ✓ Operating + equity income (segment income) decreased by ¥163.1 billion y- o-y, due to reversal of inventory impact resulting from increased crude oil prices in the previous fiscal year, etc. ✓ Segment income excluding inventory impact increased by ¥28.4 billion, as the positive impact of time-lag in the petroleum business, etc. offset the negative impact of mine size reductions in the coal business and the decrease in coal prices in reaction to the sharp rise observed in the idemitsu previous year [\billions] 2Q FY2022 2Q FY2023 Change Operating Income 374.3 211.2 (163.1) + Equity Income Inventory impact 208.2 16.7 (191.5) Exc. inventory impact 166.2 194.6 +28.4 Net Income Attributable to 280.8 164.9 (115.9) Owners of the Parent Exc. inventory impact 136.4 153.4 +17.0 Copyright Idemitsu Kosan Co., Ltd. All Rights Reserved. 12
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