Financial Results for the six months ended June 30, 2020

from the beginning

Financial Results for the six months ended June 30, 2020

• Agenda(Slide only)

• Cautionary Statement(Slide only)

Corporate Overview

Presenter：

Takayuki Ueda

• FY 2020/12 Second Quarter Financial Results Highlights

• Recognition of Impairment Losses, Revision of FY2020 Consolidated Financial Forecasts, Dividend

• Response to Low Oil Prices Investment and Cost Reduction Measures

• Response to Low Oil Prices Securing Sufficient Liquidity and Free Cash Flow

• Response to the Low Oil Price Implementing COVID-19 Countermeasures for Steady Production

• Net Production

• Ichthys LNG Project

• Exploration Blocks in Vicinity of Ichthys Field

• Abadi LNG Project

• Progress on other key overseas projects supporting our business

• Natural Gas Business in Japan and Renewable Energy Business and Effective CO2 Utilization Technology Development

Consolidated Financial Results for the six months ended June 30, 2020

Presenter：

Daisuke Yamada

• Comparison with 2Q FY2019/12

• Highlights of the Consolidated Financial Results for the six months ended June 30, 2020

• Crude Oil Sales

• Natural Gas Sales (excluding LPG)

• Analysis of Net Sales Decrease

• Statement of Income

• Analysis of Income before One-off Profit (Loss) Decrease

• Analysis of Impact of One-off Profit (Loss)

• Balance Sheet

• Statement of Cash Flows

Consolidated Financial Forecasts for the year ending December 31, 2020

• Differences between Consolidated Financial Forecasts and Actual Results for the six months ended June 30, 2020

• Revisions of Financial Forecasts for the year ending December 31, 2020

• Analysis of Income before One-off Profit (Loss) Increase

• Analysis of Impact of One-off Profit (Loss)