Financial Results for Nine Months Ended December 31, 2023
III. Revised Financial Forecasts for the fiscal year ending March 31, 2024
Operating Profit Forecasts (Year-on-Year)
OP total
1.9
E&P-Overseas
14.4
E&P-Japan
I/U
(5.6)
Others
(8.9)
(20.0)
0.0
25.4
24.6
19.7
20.0
41.1
(Billion Yen)
50.7
62.0
JAPEX
E&P Business
Overseas : +12.5 bn.
•
•
1.9 bn. →> 14.4 bn.
Increase in sales volume of tight oil development in U.S.
(+)
Absence of one-time expenses, etc., of Japex Garraf Ltd.
(+)
Japan: (15.7 bn.)
•
41.1 bn. -> 25.4 bn.
Decrease in sales volume and sales price of crude oil (-)
Decrease in sales volume and sales price* of natural gas
(-)
*Internal transaction price from E&P Business to I/U Business for the internal
management
(4.8 bn.)
I/U Business
24.6 bn. -> 19.7 bn.
Decrease in marginal gain on LNG procurement (-)
(3.2 bn.)
•
Others*
(5.6 bn.) → (8.9 bn.)
Increase in general and administrative expenses
(Personnel and digital-related expenditures etc.) (-)
Decrease in profit of contract services at subsidiaries (-)
Operating profit not belonging to the above business units (contracting,
oil products and commodities, and others) less headquarters
administrative expenses
40.0
60.0
*
FY3/23 (a) ■FY3/24 Revised (f)
Note) The amounts in the operating profit breakdown by business segment are the figures for the Group's internal management
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