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INPEX CORPORATION Reports Revenue Decline Amid Market Challenges

INPEX CORPORATION Reports Revenue Decline Amid Market Challenges

INPEX CORPORATION ( (IPXHF) ) has released its Q3 earnings. Here is a breakdown of the information INPEX CORPORATION presented to its investors.

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INPEX CORPORATION is a leading Japanese oil and gas exploration and production company, primarily operating in the energy sector with a focus on both domestic and international projects.

In its latest earnings report for the nine months ending September 30, 2025, INPEX CORPORATION reported a decrease in revenue and operating profit compared to the previous year, attributed mainly to lower sales prices of crude oil and natural gas. Despite these challenges, the company managed to increase its profit attributable to owners of the parent.

Key financial highlights include a 13% decline in revenue to ¥1,520.6 billion and a 14.3% drop in operating profit to ¥872.9 billion. However, profit attributable to owners of the parent rose by 1.4% to ¥293.4 billion, supported by reduced costs and a decrease in income tax expenses. The company also revised its financial forecasts upward, reflecting stable operations and adjusted assumptions for the remainder of the year.

The company experienced a decline in total assets to ¥7,203.2 billion, primarily due to a reduction in oil and gas assets. Total equity also decreased, with equity attributable to owners of the parent falling to ¥4,485.5 billion. Despite these declines, INPEX CORPORATION remains focused on maintaining its production levels and strategically investing in future projects.

Looking ahead, INPEX CORPORATION’s management remains cautiously optimistic, adjusting its financial forecasts to reflect current market conditions and operational stability. The company aims to continue its strategic investments, particularly in the Ichthys LNG Project and the Abadi LNG Project, to secure long-term growth and stability.

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