Japan Petroleum Exploration Co., Ltd. Raises FY2027 Guidance on Oil Price Strength

Japan Petroleum Exploration Co., Ltd. (TSE:1662) has raised its earnings forecast for the fiscal year ending March 2027, citing higher crude oil prices and increased sales volumes.

ItemBeforeAfterChange
RevenueJPY 303.0bnJPY 314.0bn+3.6%
Operating ProfitJPY 41.0bnJPY 46.0bn+12.2%
Ordinary IncomeJPY 45.0bnJPY 46.0bn+2.2%
親会社株主に帰属する当期純利益JPY 60.0bnJPY 65.0bn+8.3%
1株当たり当期純利益JPY 234.38/shareJPY 253.91/share+JPY 19.53/share

The company expects revenue to rise JPY 11.0bn to JPY 314.0bn, while operating profit (eigyo rieki) climbs JPY 5.0bn to JPY 46.0bn. Net profit attributable to parent shareholders increases JPY 5.0bn to JPY 65.0bn, reflecting anticipated gains from the sale of investment securities in addition to stronger core operations. Earnings per share are projected at JPY 253.91, up from JPY 234.38 previously.

The upward revision underscores the company’s exposure to global energy markets, with management citing favorable crude oil pricing assumptions and higher production volumes as primary drivers. The inclusion of investment securities gains provides additional upside to bottom-line profitability.

Investors should note that the company has maintained its dividend guidance unchanged, suggesting management’s cautious stance pending second-quarter results. While the full-year outlook appears robust, any material deviation in oil prices or production could trigger further guidance adjustments. The ordinary income (keijo rieki)—a Japan-specific metric encompassing operating profit plus non-operating items—shows modest growth of 2.2%, indicating that gains are concentrated in operating performance and one-time securities sales rather than sustained financial income.

Source: Original filing (TDnet) | 日本語版

This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.