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Investor Presentaiton

I. Financial Highlights and Business Progress Financial Highlights FY3/23 Results (Year-on-Year) (Billion Yen) Operating profit Ordinary profit Profit attributable to owners of parent JAPEX FY3/22 (a) FY3/23 (a) Change 19.8 62.0 +42.2 43.6 83.1 +39.4 (30.9) 67.3 +98.3 Operating profit: Rise in sales prices of crude oil, natural gas and electricity, etc. (+) Ordinary profit: Gains on derivatives for LNG transactions etc. (+), Decrease in foreign exchange gains and equity in earnings of affiliates (-) Profit/Loss attributable to owners of parent: Absence of extraordinary losses (in FY3/22) resulting from ending our participation in two projects in Canada (+) FY3/24 Forecasts (Billion Yen) Operating profit Ordinary profit Profit attributable to owners of parent FY3/23 (a) FY3/24 (f) Change 62.0 41.2 (20.8) 83.1 45.5 (37.6) 67.3 34.0 (33.3) Operating profit: Decrease in the sales price of of crude oil and natural gas (-) Ordinary profit: Decrease in equity in earnings of affiliates, absence of foreign exchange gains and gain on derivatives, etc. (-) Shareholders Return FY3/23 annual dividend (result): 370.0 yen per share (interim 150 yen + year-end 220 yen) FY3/24 annual dividend (forecast): 200.0 yen per share (interim 100 yen + year-end 100 yen) 4 Copyright © 2023 Japan Petroleum Exploration Co., Ltd. (JAPEX) All Rights Reserved.
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