JAPEX to Recognize Extraordinary Income from Subsidiary Share Sale

Japan Petroleum Exploration Co ( (JP:1662) ) has issued an update.

Japan Petroleum Exploration Co., Ltd. (JAPEX) announced it will recognize an extraordinary income of 1.9 billion yen from the sale of shares in its subsidiary, JAPEX UK E&P LIMITED. This transaction, expected to conclude by July 1, 2025, will see the subsidiary excluded from JAPEX’s consolidated results, impacting the company’s financial forecasts for the fiscal year ending March 2026.

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 and production of petroleum and natural gas. The company is listed on the Prime Market of the Tokyo Stock Exchange and is involved in both domestic and international energy markets.

Average Trading Volume: 845,642

Technical Sentiment Signal: Hold

Current Market Cap: Yen272.7B

For an in-depth examination of 1662 stock, go to TipRanks’ Stock Analysis page.