Expected Recognition of Extraordinary Gain on Sale of Investment Securities

Worth reading

61In focus

Scored from 3 of 5 sections

Direction

Improvement

Direction inferred from the company’s description.

Scale

Hundreds of millions of yen

Wording

Avoiding a definitive answer

How definitive the wording is.

Subject Entity

Japan Petroleum Exploration Co., Ltd. (the Company, JAPEX)

Target Locations / Products

1 listed security held by the Company

Occurrence6 August 2026 (the sale was resolved at the Board of Directors meeting held today)

This disclosure08/06/2026

Cause

For use as a source of growth investment

Amount of Impact on Business Performance

Expected gain on sale: ¥6 billion (extraordinary gain (gain on sale of investment securities))

Accounting period in which recognized

The second quarter of the fiscal year ending March 2027

Impact on Earnings Forecast

The gain is reflected in the consolidated earnings forecast for the fiscal year ending March 2027

Outlook

The Company plans to sell the investment securities in the second quarter of the fiscal year ending March 2027. The expected gain on the sale is reflected in the consolidated earnings forecast for the fiscal year ending March 2027

Event that occurred
Item	Details
Event name	Expected Recognition of Extraordinary Gain on Sale of Investment Securities
Date of occurrence	6 August 2026 (the sale was resolved at the Board of Directors meeting held today)
Subject Entity	Japan Petroleum Exploration Co., Ltd. (the Company, JAPEX)
Target Locations / Products	1 listed security held by the Company
Cause	For use as a source of growth investment
Amount of Impact on Business Performance	Expected gain on sale: ¥6 billion (extraordinary gain (gain on sale of investment securities))
Accounting period in which recognized	The second quarter of the fiscal year ending March 2027
Impact on Earnings Forecast	The gain is reflected in the consolidated earnings forecast for the fiscal year ending March 2027
Outlook	The Company plans to sell the investment securities in the second quarter of the fiscal year ending March 2027. The expected gain on the sale is reflected in the consolidated earnings forecast for the fiscal year ending March 2027

Items this document does not state (16)

Date recognized / date notice receivedType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the changePlanned follow-up disclosure

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.

For use as a source of growth investment

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.

Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.

Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.