Results for this period
Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedIFRSThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Revenue declined due to lower crude oil sales volumes. The ¥169.5 billion decrease in revenue attributable to lower sales volumes was partly offset by a ¥49.2 billion increase from higher average selling prices, a ¥55.6 billion increase from the yen's depreciation against other currencies based on average exchange rates, and a ¥16.2 billion increase from other revenue. Operating profit edged up due to increases in other operating income and investment income accounted for using the equity method, while interim profit attributable to owners of the parent increased due in part to the decrease in income tax expense.
None ("There are no applicable matters.")
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | ¥1,000,495 million (YoY -4.6%) |
| Operating profit | ¥618,713 million (YoY +0.3%) |
| Ordinary income | ¥644,346 million (YoY -0.1%) |
| Profit attributable to owners of the parent | ¥263,147 million (YoY +17.7%) |
| Net income per share | ¥226.33 |
| Equity ratio | End of the current fiscal period 60.8 / End of previous period 61.4 |
| Total assets | ¥8,386,904 million |
| Net assets | ¥5,350,952 million |
| Cash flows from operating activities | ¥553,888 million |
| Cash flows from investing activities | ¥-424,704 million |
| Cash flows from financing activities | ¥-91,024 million |
| Cash and cash equivalents at end of period | ¥216,190 million |
| Full-year earnings forecast | Net Sales ¥1,973,000 million (YoY -1.9%) / Operating profit ¥1,223,000 million (YoY +7.7%) / Ordinary income ¥1,278,000 million (YoY +8.9%) / Net income ¥510,000 million (YoY +29.5%) |
| Revision to Earnings Forecast | Revenue 2,004,000～2,291,000 → ¥1,973,000 million（△1.5～△13.9） / Operating profit 1,086,000～1,368,000 → ¥1,223,000 million（12.6～△10.6） / Income before taxes 1,134,000～1,416,000 → ¥1,278,000 million（12.7～△9.7） / Profit for the period attributable to owners of the parent 350,000～450,000 → ¥510,000 million（45.7～13.3） |
| Annual Dividend Forecast | 100 Yen (per common share) → 112 Yen (per common share)（+12.0%） |
| Segment revenue | Domestic O&G ¥112,663 million (YoY +6.4%), Overseas O&G—Ichthys Project ¥215,840 million (YoY +17.5%), Overseas O&G—Other Projects ¥659,200 million (YoY -12.0%), Other ¥12,791 million |
| Segment profit | Domestic O&G ¥7,881 million (YoY -54.4%), Overseas O&G—Ichthys Project ¥173,071 million (YoY +24.5%), Overseas O&G—Other Projects ¥77,879 million (YoY +7.8%), Other ¥2,436 million |
| Depreciation and amortization | ¥207,243 million |
| Disclosure regarding the going concern assumption | None ("There are no applicable matters.") |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and securities analysts) |
| Issued Shares at Period-End | 1,259,136,067 |
| Treasury Shares at Period-End | 96,916,062 |
| Factors Behind Changes in Business Performance | Revenue declined due to lower crude oil sales volumes. The ¥169.5 billion decrease in revenue attributable to lower sales volumes was partly offset by a ¥49.2 billion increase from higher average selling prices, a ¥55.6 billion increase from the yen's depreciation against other currencies based on average exchange rates, and a ¥16.2 billion increase from other revenue. Operating profit edged up due to increases in other operating income and investment income accounted for using the equity method, while interim profit attributable to owners of the parent increased due in part to the decrease in income tax expense. |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The main reason for the decline in revenue was lower crude oil sales volumes. Profit was supported by increases in other operating income and investment income accounted for using the equity method, as well as a decrease in income tax expense. The full-year forecast was revised mainly to reflect solid production at the Ichthys Project and a review of the assumptions for crude oil prices and foreign exchange rates from the third quarter onward.