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Inpex Corporation logo

Inpex Corporation

1605.T

JPXEnergyOil & Gas Exploration & Production

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Latest quote

¥3,889

−¥65.00 · -1.64%

Aug 24, 3:30 PM JST

1605.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Inpex Corporation is a global energy company specializing in the entire lifecycle of oil, natural gas, and other mineral resources, from initial exploration and development through to production and sales. The company maintains a broad international presence, with operations spanning Japan, the wider Asia-Pacific region, Europe (including CIS countries), the Middle East, Africa, and the Americas. Beyond its core activities, Inpex provides financial backing to other companies in the mineral resources sector through investments and loans. It also manages the distribution of natural gas, overseeing the operation and maintenance of essential pipeline infrastructure. As of December 31, 2021, its confirmed proven reserves included 2,704 million barrels of crude oil, condensate, and LPG, along with 5,118 billion cubic feet of natural gas, totaling 3,645 million barrels of oil equivalent (BOE). Established in 1966, Inpex Corporation is headquartered in Tokyo, Japan.

Industry
Oil & Gas Exploration & Production
Sector
Energy
Headquarters
JP
CEO
Takayuki Ueda
Listed since
Nov 17, 2004
Employees
3,720

Market position

52-week range

Current ¥3,889

Open
¥3,889
Previous close
¥3,954
Volume
3.65M
0.62× average
Average volume
5.85M
Average daily volume
Market cap
4.52T JPY
Beta
-0.15
Market reference 1
50-day average
¥3,514.94
+10.64% above average
200-day average
¥3,627.48
+7.21% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.8T JPY
P/E (TTM)
10.49×
P/B (TTM)
0.89×
P/S (TTM)
2.3×
EV / EBITDA
2.99×
Earnings yield
10.58%
Free cash flow yield
18.57%
Dividend yield
2.73%

Profitability & efficiency

Gross margin
55.35%
Operating margin
49.10%
Net margin
22.08%
Return on equity
8.30%
Return on assets
5.09%
Return on invested capital
4.98%

Financial health

Debt / equity
0.26×
Current ratio
1.32×
Altman Z-score
2.24
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends65%47%29%10%Gross margin, FY2021: 54.28%Gross margin, FY2022: 59.42%Gross margin, FY2023: 60.82%Gross margin, FY2024: 59.60%Gross margin, FY2025: 56.19%Operating margin, FY2021: 47.47%Operating margin, FY2022: 53.62%Operating margin, FY2023: 55.20%Operating margin, FY2024: 51.31%Operating margin, FY2025: 50.32%Net margin, FY2021: 17.92%Net margin, FY2022: 18.85%Net margin, FY2023: 14.86%Net margin, FY2024: 18.86%Net margin, FY2025: 19.58%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 54.28%. Gross margin FY2022 59.42%. Gross margin FY2023 60.82%. Gross margin FY2024 59.60%. Gross margin FY2025 56.19%. Operating margin FY2021 47.47%. Operating margin FY2022 53.62%. Operating margin FY2023 55.20%. Operating margin FY2024 51.31%. Operating margin FY2025 50.32%. Net margin FY2021 17.92%. Net margin FY2022 18.85%. Net margin FY2023 14.86%. Net margin FY2024 18.86%. Net margin FY2025 19.58%.

Income trends

Revenue

2.01T JPY-11.23%

Operating income

1.01T JPY-12.95%

Net income

393.84B JPY-7.84%
Income trends across reported periods2.53T JPY1.69T JPY853.53B JPY12.89B JPYRevenue, FY2021: 1.24T JPYRevenue, FY2022: 2.32T JPYRevenue, FY2023: 2.16T JPYRevenue, FY2024: 2.27T JPYRevenue, FY2025: 2.01T JPYOperating income, FY2021: 590.66B JPYOperating income, FY2022: 1.25T JPYOperating income, FY2023: 1.19T JPYOperating income, FY2024: 1.16T JPYOperating income, FY2025: 1.01T JPYNet income, FY2021: 223.05B JPYNet income, FY2022: 438.28B JPYNet income, FY2023: 321.71B JPYNet income, FY2024: 427.34B JPYNet income, FY2025: 393.84B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.24T JPY. Revenue FY2022 2.32T JPY. Revenue FY2023 2.16T JPY. Revenue FY2024 2.27T JPY. Revenue FY2025 2.01T JPY. Operating income FY2021 590.66B JPY. Operating income FY2022 1.25T JPY. Operating income FY2023 1.19T JPY. Operating income FY2024 1.16T JPY. Operating income FY2025 1.01T JPY. Net income FY2021 223.05B JPY. Net income FY2022 438.28B JPY. Net income FY2023 321.71B JPY. Net income FY2024 427.34B JPY. Net income FY2025 393.84B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue2.01T JPY2.27T JPY2.16T JPY2.32T JPY1.24T JPY
Cost of goods sold881.25B JPY915.31B JPY848.08B JPY943.41B JPY568.92B JPY
Gross profit1.13T JPY1.35T JPY1.32T JPY1.38T JPY675.45B JPY
Research and development—35.6B JPY3.56B JPY1.91B JPY409M JPY
Selling, general, and administrative118.03B JPY131.82B JPY98.45B JPY95.92B JPY58.19B JPY
Operating expenses118.03B JPY187.86B JPY121.65B JPY134.84B JPY84.79B JPY
Interest income120.19B JPY149.49B JPY95.39B JPY64.69B JPY31.12B JPY
Interest expense82.16B JPY122.47B JPY55.98B JPY32.38B JPY13.75B JPY
Depreciation and amortization351.37B JPY359.23B JPY319.61B JPY301.52B JPY210.04B JPY
Operating income1.01T JPY1.16T JPY1.19T JPY1.25T JPY590.66B JPY
Net income393.84B JPY427.34B JPY321.71B JPY438.28B JPY223.05B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 5 misses, 0 met estimates
Average EPS surprise
+17.83%
11 comparable reports
Latest EPS result
128.63
Estimate 123.53 · Beat by 4.13%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates134.22107.1980.1653.13Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 109.75, estimate 64.74, surprise +69.52%, Beat. Q2 2025, reported May 13, 2025: actual 105.46, estimate 83.2, surprise +26.75%, Beat. Q3 2025, reported Aug 8, 2025: actual 83.07, estimate 84.3, surprise -1.46%, Miss. Q4 2025, reported Nov 13, 2025: actual 58.72, estimate 67.3, surprise -12.75%, Miss. Q1 2026, reported Feb 12, 2026: actual 85.45, estimate 92.1, surprise -7.22%, Miss. Q2 2026, reported May 13, 2026: actual 94.08, estimate 99.51, surprise -5.46%, Miss. Q3 2026, reported Aug 7, 2026: actual 128.63, estimate 123.53, surprise +4.13%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 93.5, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates675.38B570.68B465.97B361.27BQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 518.28B JPY, estimate 500.73B JPY, surprise +3.50%, Beat. Q2 2025, reported May 13, 2025: actual 536.9B JPY, estimate 559.1B JPY, surprise -3.97%, Miss. Q3 2025, reported Aug 8, 2025: actual 511.97B JPY, estimate 500.6B JPY, surprise +2.27%, Beat. Q4 2025, reported Nov 13, 2025: actual 471.78B JPY, estimate 387.25B JPY, surprise +21.83%, Beat. Q1 2026, reported Feb 12, 2026: actual 490.7B JPY, estimate 489.33B JPY, surprise +0.28%, Beat. Q2 2026, reported May 13, 2026: actual 502.37B JPY, estimate 649.4B JPY, surprise -22.64%, Miss. Q3 2026, reported Aug 7, 2026: actual 498.69B JPY, estimate 577.9B JPY, surprise -13.71%, Miss. Q4 2026, reported Nov 11, 2026: actual —, estimate 526.35B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥100

2025 complete year+108.3% since 2021

2026 partial: ¥56.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Dec 29, 2026

¥56.00

Semi-Annual

Record Dec 31, 2026 · Payment Dec 29, 2026

Dividend

Ex-dividend Jun 29, 2026

¥56.00

Semi-Annual

Record Jun 30, 2026 · Payment Sep 1, 2026

Dividend

Ex-dividend Dec 29, 2025

¥50.00

Semi-Annual

Record Dec 31, 2025 · Payment Mar 30, 2026

Dividend

Ex-dividend Jun 27, 2025

¥50.00

Semi-Annual

Record Jun 30, 2025 · Payment Sep 1, 2025

Dividend

Ex-dividend Dec 27, 2024

¥43.00

Semi-Annual

Record Dec 31, 2024 · Payment Mar 31, 2025

Dividend

Ex-dividend Jun 27, 2024

¥43.00

Semi-Annual

Record Jun 30, 2024 · Payment Sep 2, 2024

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ETFs holding 1605.T

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core TOPIX ETF logoiShares Core TOPIX ETF1475.T
Market value
9.48B
Weight
0.33%
AUM
2.89T JPY
Expense ratio
0.05%
Price / 1D
¥417.7-0.07%
iShares JPX-Nikkei 400 ETF logoiShares JPX-Nikkei 400 ETF1364.T
Market value
2.78B
Weight
0.47%
AUM
592.34B JPY
Expense ratio
0.05%
Price / 1D
¥3,7610.00%
iShares Core Nikkei 225 ETF logoiShares Core Nikkei 225 ETF1329.T
Market value
1.7B
Weight
0.08%
AUM
2.12T JPY
Expense ratio
0.05%
Price / 1D
¥6,789-0.77%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
290.7M
Weight
0.04%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.20-0.58%
Vanguard FTSE Developed Markets ETF logoVanguard FTSE Developed Markets ETFVEA
Market value
193.15M
Weight
0.06%
AUM
315B USD
Expense ratio
0.03%
Price / 1D
$73.06-0.49%
iShares Core MSCI EAFE ETF logoiShares Core MSCI EAFE ETFIEFA
Market value
161.37M
Weight
0.08%
AUM
195.14B USD
Expense ratio
0.07%
Price / 1D
$100.67-0.18%
Dimensional - International Value ETF logoDimensional - International Value ETFDFIV
Market value
94.94M
Weight
0.43%
AUM
22.06B USD
Expense ratio
0.27%
Price / 1D
$58.24-0.12%
iShares MSCI Japan ETF logoiShares MSCI Japan ETFEWJ
Market value
94.38M
Weight
0.42%
AUM
22.49B USD
Expense ratio
0.49%
Price / 1D
$94.84-0.36%

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