Financial Results for Nine Months Ended December 31, 2023 slide image

Financial Results for Nine Months Ended December 31, 2023

Appendix 4. Price Assumptions for FY3/24 Forecasts JAPEX Upper: from January 2022 to March 2023 Lower: from January 2023 to March 2024 Full year Market Price Jan.-Mar. Apr.-Jun. Jul.-Sep. Oct.-Dec. Jan.-Mar. Crude oil price (CIF) *1 USD/bbl FY3/23 (a) Previous (f) Nov. 10 101.55 115.31 105.93 89.98 102.26 85.17 81.77 85.00 85.00 84.35 Revised (f) Feb. 9 - 85.17*2 81.77*2 90.79*2 81.16 84.74 FY3/23 (a) 94.41 108.65 91.76 82.85 94.42 Previous (f) WTI USD/bbl 76.11 73.78 80.00 80.00 77.46 Nov. 10 Revised (f) 76.11*2 73.78*2 Feb. 9 82.49*2 70.00*2 - 75.60 FY3/23 (a) 101,863 143,821 142,404 117,057 126,286 Previous (f) JLC price JPY/Ton Nov. 10 88,287 89,115 89,400 91,233 89,909 Revised (f) Feb. 9 89,887*2 88,343*2 93,685 93,367 91,320 FY3/23 (a) 122.50 133.58 143.32 133.39 132.86 Previous (f) Exchange rate JPY/USD 134.36 141.06 140.00 140.00 139.51 Nov. 10 Revised (f) Feb. 9 134.36*2 141.06*2 148.53*2 140.00 141.42 *1 Domestic sales price average of crude oil referring to crude oil (CIF) *2 Actual Copyright 2024 Japan Petroleum Exploration Co., Ltd. (JAPEX) All Rights Reserved. 28
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