Financial Results for Nine Months Ended December 31, 2023
II. Financial Results for the Nine Months Ended December 31, 2023
Operating Profit (Year-on-Year)
(Billion Yen)
JAPEX
E&P Business
Overseas : +9.8 bn.
2.2 bn. 12.0 bn.
OP total
2.2
E&P-Overseas
12.0
E&P-Japan
I/U
Others
(3.8)
(6.2)
13.7
12.9
21.0
26.5
38.7
39.8
•
Increase in sales volume of tight oil development in U.S.
(+)
Foreign exchange gap related to cost recovery and
decrease in operating expenses, etc., for the Iraqi Garraf
project (+)
Japan (5.5 bn.)
26.5 bn. →> 21.0 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
(0.7 bn.)
•
•
I/U Business
13.7 bn. -> 12.9 bn.
Decrease in marginal gain on LNG procurement (-)
Raw material slide time lag (+)
(2.3 bn.)
Others *
(3.8 bn.) → (6.2 bn.)
Increase in general and administrative expenses (-)
Decrease in profit of contract services at subsidiaries
(10.0) (5.0) 0.0
5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0
(-)
■1-3Q FY3/23 (a)
1-3Q FY3/24 (a)
*
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
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