Integrated Report 2023
II. Financial Results for the Six Months Ended September 30, 2023
Operating Profit (Year-on-Year)
OP total
0.2
E&P-Overseas
7.7
E&P-Japan
I/U
5.8
10.2
16.1
14.7
19.3
JAPEX
(Billion Yen)
E&P Business
Overseas : +7.4 bn.
(0.2 bn.) → 7.7 bn.
28.5
(3.0)
Others
(4.2)
(10.0) (5.0) 0.0
5.0
10.0 15.0 20.0
25.0
30.0
1-2Q FY3/23 (a)
1-2Q FY3/24 (a)
•
•
Increase in sales volume of tight oil development in U.S.
(+)
Foreign exchange gap related to cost recovery and
increased production remuneration for the Iraqi Garraf
project (+)
Domestic (1.4 bn.)
16.1 bn. →> 14.7 bn.
Decrease in sales volume and sales price of crude oil
(Japan) (-)
Increase in sales price* of natural gas (Japan) (+)
*
Internal transaction price from E&P Business to Infrastructure/Utilities
Business for the internal management
+4.3 bn.
I/U Business
5.8 bn. → 10.2 bn.
Effect of raw material slide time lag, etc (+)
Decrease in marginal gain on LNG procurement (-)
(1.2 bn.)
Others *
(3.0 bn.) → (4.2 bn.)
Increase in general and administrative expenses (-)
* 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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