Financial Results
for the six months ended June 30, 2023

from the beginning

Financial Results for the six months ended June 30, 2023

• Agenda(Slide only)

• Cautionary Statement(Slide only)

1.Business Overview

Presenter：

Takayuki Ueda
Representative Director, President & CEO

• Business Activities in FY2023 -Oil and Gas Business-

• Business Activities in FY2023 -5 Net Zero Businesses-

• Highlights of first half FY2023 Results

• Forecast for the year ending December 31, 2023

• Progress against Medium-term Business Plan 2022-2024

• FY2023 Cash Allocation Forecast of Operating Cash Flow before Exploration

• ESG Initiatives

2. Sustainable Growth of Corporate Value

Presenter：

Takayuki Ueda
Representative Director, President & CEO

• Analysis of Current Situation

• Our Initiatives Going Forward

• Initiatives to Improve Capital Efficiency

• Highlights of Our Growth Initiatives

• Stronger Shareholder Returns and Deeper Dialogue with Investors

3. Consolidated Financial Results for the six months ended June 30, 2023

Presenter：

Daisuke Yamada
Director, Managing Executive Officer, Finance & Accounting

• Highlights of the Consolidated Financial Results for the six months ended June 30, 2023

• Sales by Product

• 2Q FY2023 Analysis of Income (2Q FY2022 vs 2Q FY2023)

• Balance Sheet

• Statement of Income

• Statement of Cash Flows

4. Consolidated Financial Forecasts for the year ending December 31, 2023

Presenter：

Daisuke Yamada
Director, Managing Executive Officer, Finance & Accounting

• Difference between Consolidated Financial Forecasts and Actual Result for the six months ended June 30, 2023

• Consolidated Financial Forecasts for the year ending December 31, 2023

• FY2023 Financial Forecasts Analysis of Net Income (Previous forecasts vs Revised forecasts)

• FY2023 Cash Flow Forecast

Appendix

• Other Income and Expenses(Slide only)

• 2Q FY2023 Net Sales(Slide only)

• 2Q FY2023 Sales Volume(Slide only)

• 2Q FY2023 Net Production Volume(Slide only)