---
title: "Japan Petroleum Exploration: Full-year profit forecast raised despite weak 1Q, driven by higher oil prices and U.S./Norway growth"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295058039.md"
description: "Net sales and profits declined sharply year-over-year in 1Q FY3/27, but full-year forecasts were revised upward on higher crude oil prices and increased U.S. and Norway E&P volumes. Major one-time gains and increased borrowings will support cash flow, while dividend guidance remains unchanged.Original document: Japan Petroleum Exploration Co., Ltd. [1662] Slides Release — Aug. 7 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-08-06T05:15:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295058039.md)
  - [en](https://longbridge.com/en/news/295058039.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295058039.md)
generator: "portal-rs"
---

# Japan Petroleum Exploration: Full-year profit forecast raised despite weak 1Q, driven by higher oil prices and U.S./Norway growth

Net sales and profits declined sharply year-over-year in 1Q FY3/27, but full-year forecasts were revised upward on higher crude oil prices and increased U.S. and Norway E&P volumes. Major one-time gains and increased borrowings will support cash flow, while dividend guidance remains unchanged.

Original document: Japan Petroleum Exploration Co., Ltd. \[1662\] Slides Release — Aug. 7 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**