Integrated Report 2023 slide image

Integrated Report 2023

IV. Revised Financial Forecasts for the fiscal year ending March 31, 2024 Operating Profit Forecasts (Year-on-Year) OP total 1.9 E&P-Overseas 12.8 E&P-Japan I/U (5.6) Others (9.0) 25.9 41.1 24.6 19.0 48.8 (Billion Yen) 62.0 JAPEX E&P Business Overseas +10.8 bn. 1.9 bn. -> 12.8 bn. Increase in sales volume of tight oil development in U.S. (+) • • Absence of one-time expenses of Japex Garraf Ltd. (+) Domestic (15.2 bn.) 41.1 bn. → 25.9 bn. Decrease in sales volume and sales price of crude oil (Japan) (-) Decrease in sales volume and sales price* of natural gas (Japan) (-) * Internal transaction price from E&P Business to Infrastructure/Utilities Business for the internal management (5.5 bn.) I/U Business 24.6 bn. -> 19.0 bn. Decrease in margin on LNG procurement (-) (3.3 bn.) (20.0) 0.0 20.0 40.0 60.0 80.0 * ■FY3/23 (a) ■FY3/24 Revised (f) Others* (5.6 bn.) → (9.0 bn.) Increase in general and administrative expenses (Personnel and digital-related expenditures) (-) Decrease in profit of contract services at subsidiaries (-) Operating profit (contracting, oil products and commodities, and others) not belonging to the above business units, 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 © 2023 Japan Petroleum Exploration Co., Ltd. (JAPEX) All Rights Reserved. 25 25
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