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Japan Petroleum Exploration Co ( (JP:1662) ) has shared an update.
Japan Petroleum Exploration Co., Ltd. (JAPEX) has revised its financial forecasts for the fiscal year ending March 31, 2026, citing a decrease in net sales due to a decline in oil product sales following the transfer of shares in Japex Energy Co., Ltd. Despite this, the company anticipates increases in operating profit, ordinary profit, and profit attributable to owners due to expected rises in domestic crude oil and natural gas prices, as well as improved earnings from its exploration and production business in North America. The company maintains its initial dividend forecast but will reassess based on full-year earnings.
The most recent analyst rating on (JP:1662) stock is a Hold with a Yen1520.00 price target. To see the full list of analyst forecasts on Japan Petroleum Exploration Co stock, see the JP:1662 Stock Forecast page.
More about Japan Petroleum Exploration Co
Japan Petroleum Exploration Co., Ltd. (JAPEX) operates in the energy sector, focusing on the exploration, development, and production of oil and natural gas. The company is involved in both domestic and international projects, with a significant presence in the North American market.
Average Trading Volume: 1,117,171
Technical Sentiment Signal: Buy
Current Market Cap: Yen274.7B
Learn more about 1662 stock on TipRanks’ Stock Analysis page.