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Investor Presentaiton

II. Financial Results for the Fiscal Year Ended March 31, 2023 Analysis of Net Income change (Year-on-Year) (Billion Yen) 80.0 60.0 40.0 (39.8 bn.) (29.3 bn.) +62.1 (13.1 bn.) +2.2 (1.2 bn.) +94.3 bn. (5.4) (FY3/22) Gain on sale of investment securities (FY3/22) Gain on JML's forgiveness of debts (FY3/22) Gain on CANOS's forgiveness of debts (FY3/22) Gain on sales of non-current assets (FY3/22) Losses on sale of JACOS' shares (FY3/22) Losses on JML's interests transfer (FY3/22) Losses on JML's liquidation of subsidiaries +3.8 bn. +44.7 bn. 20.0 Japex Garraf JACOS (2.7 bn.) (1.8 bn.) JUS +4.0 bn. +21.0 +0.9 +8.9 (4.6) 0.0 (30.9) (20.0) +21.0 (7.1) (40.0) JAPEX 67.3 Net income (0.7) JAPEX (5.2 bn.) Japex Garraf (2.0 bn.) SODECO DGN (8.2 bn.) +1.2 bn. CANOS +3.0 bn. Gain on derivatives Interest expenses +6.0 bn. +1.1 bn. Operating profit* +42.2 bn. FY3/22 (a) E&P overseas E&P Non-operating income Foreign (2.8 bn.) Net income I/U Others Japan exchange gains and loss Equity on earnings Profit attributable to Others Extraordinary income Income taxes non- controlling interest FY3/23 (a) FY3/22(a) 2.6 20.1 3.5 (6.5) 10.0 14.2 (0.3) (62.1) 9.6 2.8 FY3/23(a) 1.9 41.1 24.6 (5.6) 5.3 7.1 8.6 (0.0) 15.1 0.5 Note) The amounts in the operating income breakdown by business segment are the figures for the Group's internal management Copyright 2023 Japan Petroleum Exploration Co., Ltd. (JAPEX) All Rights Reserved. 15
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