Japan Petroleum Exploration Co. Ltd. (JPTXF,1662.T), Wednesday raised its financial forecast for the fiscal year ending March 31, 2026, citing higher crude oil and natural gas sales price.
The company said profit attributable to owners of parent is now estimated to be 36 billion yen, up from previous forecast of 33 billion yen. Basic earnings per share for the year is expected to be 140.66 yen, higher than previous outlook of 128.95 yen.
The company now sees fiscal-year operating profit to be at 44 billion yen, compared to its prior outlook of 39.3 billion yen.
Japan Petroleum's net sales for the year is expected to be 333 billion yen, up from previously guided 330 billion yen.
The firm had reported fiscal year 2025 annual key figures of profit attributable to owners of parent of 81.15 billion yen, basic earnings per share of 314.91 yen, and operating profit of 64.22 billion yen. Annual net sales were 389.08 billion yen.
On the Tokyo Stock Exchange, shares were trading 0.97% lower at 1326 yen.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.