日時： 最終印刷日時：2005/11/15 19:43

FY2006 Semiannual Consolidated Financial Results
November 15, 2005

Note: The following report is an English translation of an excerpt from the Japanese-language original.
Full translation will be available soon.

Company name

INPEX CORPORATION

Code number

1604

Stock Exchange on
which the Company
is listed
Location of the head
officeTokyo Stock
Exchange
Tokyo(URL http://www.inpex.co.jp/)
Naoki Kuroda, President
Representative
Seiya Ito, Director & General Manager, Corporate Strategy & Planning Unit.
Contact person
TEL+81-3-5448-1238
Date of the meeting of theBoard of Directors for theNovember 15, 2005
FY2006 semiannual financial
results
Prepared in accordance withaccounting principles generallyNo
accepted in the United States ofAmerica
1. Results of FY2006 Semiannual (April 1, 2005–September 30, 2005)(1) Consolidated operating results
Note: Amounts less than one million yen are rounded off.
Net sales
Operating income
Ordinary income％Million yen

FY2006semiannual
FY2005semiannual
FY200545.2

186,551

60.1

180,586

63.7

213,939
478,586

94.2

116,546
268,662138.4

110,316
258,631152.2

Net income per share—basic％

Million yen(Notes) 1.
2.
3.
4

Net income per share—diluted

Yen

Yen

51,65956.5

26,908.15—

33,01784.5

17,596.54—

40,255.92—

76,493Equity in earnings (loss) of affiliates: FY2006 semiannual, ¥1,031 million; FY2005 semiannual, (¥479 million); FY2005, (¥1,583million)
Average number of shares issued and outstanding in each period (consolidated): FY2006 semiannual, 1,919,832 shares; FY2005
semiannual, 1,876,337 shares; FY2005, 1,896,412 shares
Change in accounting policy: NoThe percentage expressions for net sales, operating income, ordinary income and net income represent the change from thecorresponding period of the preceding year.

(2) Consolidated financial position
Total assets
Million yen

FY2006semiannual
FY2005semiannual
FY2005
Note:％

Million yen

310,641

Net income
FY2006semiannual
FY2005semiannual
FY2005％

Million yen

Note: Amounts less than one million yen are rounded off.
shareholders’
Net assets per share
Shareholders’ equity Ratio ofequity％

Million yen

Yen

886,195

455,630

51.4

237,328.15

718,155
779,227

367,508
411,295

51.2
52.8

191,427.36
214,163.98

Number of shares issued and outstanding at the end of each period (consolidated): FY2006 semiannual, 1,919,832 shares; FY2005
semiannual, 1,919,832shares; FY2005, 1,919,832 shares日時： 最終印刷日時：2005/11/15 19:43(3) Consolidated cash flows

Note: Amounts less than one million yen are rounded off.
Cash and cash
Cash flows from
Cash flows fromequivalents
at end of theinvesting activities
financing activities
periodCash flows fromoperating activities
Million yen

FY2006semiannualFY2005
semiannualFY2005

Million yen

Million yen

Million yen

101,463(123,948)

422

109,878

63,516131,206(56,543)(119,956)

4,944
9,791

121,182
128,375(4) Scope of consolidation and equity method
Number of consolidated subsidiaries
Number of unconsolidated subsidiaries accounted for by the equity method
Number of affiliated companies accounted for by the equity method

25 companies
None
11 companies(5) Changes in scope of consolidation and equity method
Consolidated subsidiaries
Affiliated companies accounted for by the equity method

Increase
None
None

2. Estimated Consolidated Operating Results for FY2006 (April 1, 2005–March 31, 2006)
Net sales
Ordinary income
Million yen

FY2006(full-year)

556,000

Million yen

318,000

Decrease
1 company
None

Net income
Million yen

93,000

Reference: The forecast of ¥48,441.73 of net income per share for FY2006 is calculated based on the expected
number of shares issued and outstanding of 1,919,832 at March 31, 2006.
* The aforementioned forecasts are based on currently available information and contain many
uncertainties. Actual results may differ from the above forecasts due to changes in business conditions.
Average number of shares during the fiscal year and semiannual (after deducting the number of treasury stocks)
FY2005 semiannual
FY2006 semiannual
FY2005
Common stock
1,876,337 shares
1,919,831 shares
1,896,412 shares
Common stock equivalent– shares1 share0 sharesshare; Special class share
Number of shares issued and outstanding at the end of fiscal year and semiannual (after deducting the number of treasury stocks)
FY2005 semiannual
FY2006 semiannual
FY2005
Common stock
1,919,832 shares
1,919,831 shares
1,919,831 shares
Common stock equivalent– shares1 share1 shareshare; Special class share
Note:Since shareholder of the special class share is entitled to the same rights as that for shareholders of common stock regarding dividends andthe distribution of residual property, the special class share is classified as common stock equivalent share.

更新日時:2005/11/15 19:00

ファイル名:0511_E_個別ハイライトtemporary

印刷日時:05/11/15 19:44

FY2006 Semiannual Non-Consolidated Financial Results
November 15, 2005

Note: The following report is an English translation of an excerpt from the Japanese-language original.
Full translation will be available soon.
Company name

INPEX CORPORATION

Code number1604

Stock Exchange onwhich the Companyis listed
Location of the head
officeTokyo Stock
ExchangeTokyo(URL http://www.inpex.co.jp/)
Representative
Naoki Kuroda, President
Contact person
Seiya Ito, Director & General Manager, Corporate Strategy &Planning Unit.
TEL +81-3-5448-1238
November 15, 2005
Paying interim
Yes
Date of the meeting of theBoard of Directors for thedividend
FY2006 semiannual financial
results
Starting date for the interim—
Shares constitutingNo
dividend payment
one unit
1. Results for FY2006 Semiannual (April 1, 2005–September 30, 2005)
Note: Amounts less than million yen are rounded off.
(1) Operating results
Net sales

Operating income％

Millions of yen

FY2006semiannual
FY2005semiannual
FY2005％

Millions of yen％

Millions of yen

120,232

26.3

75,36850.5

77,67753.3

95,22213.2

50,095

6.4

50,66629.9

202,729

113,556

Net income

112,584

Net income per share％

Millions of yen

FY2006semiannual
FY2005semiannual
FY2005

Ordinary income

Yen34,92960.7

18,194.20

21,741

43.2

11,587.35

50,76526,717.47

Notes: 1. Average number of shares issued and outstanding in each period: FY2006 semiannual, 1,919,832 shares; FY2005 semiannual,
1,876,337 shares; FY2005, 1,896,412 shares.
2. Change in accounting policy: No.
3. The percentage expressions for net sales, operating income, ordinary income and net income represent the change from thecorresponding period of the preceding year.

(2) Cash dividends
Interim cash dividends per share Annual cash dividends per shareYen

FY2006semiannualFY2005
semiannual
FY2005

Yen

0.00

—0.00

—

—

4,000.00

更新日時:2005/11/15 19:00

ファイル名:0511_E_個別ハイライトtemporary(3) Financial position

Note: Amounts less than million yen are rounded off

Total assets

Shareholders’ equity

Millions of yen

FY2006semiannual
FY2005semiannual
FY2005

印刷日時:05/11/15 19:44

Ratio of shareholders’equity

Net assets per share％

Millions of yen

Yen

453,265

403,72289.1

210,290.20

390,163

348,07989.2

181,307.39

417,978

377,22290.2

196,436.16

Notes: 1. Number of shares issued and outstanding at the end of each period: FY2006 semiannual, 1,919,832 shares; FY2005 semiannual,1,919,832 shares; FY2005, 1,919,832 shares.
2 Number of treasury stocks at the end of each period: FY2006 semiannual, 1 share; FY2005 semiannual, — shares; FY2005, 1share.

2. Estimated Operating Results for FY2006 (April 1, 2005–March 31, 2006)
Net sales
Millions of yen

FY2006(Full-year)
Reference:*217,000

Ordinary income
Millions of yen

129,000

Net income
Millions of yen

60,000

Annual cash dividends pershare
End of fiscalyear
Yen

4,000.00

Yen

4,000.00

The FY2006 forecast for net income per share of ¥31,252.73 is calculated based on an expected
1,919,832 shares issued and outstanding.
The aforementioned forecasts are based on currently available information and contain many
uncertainties. Actual results may differ from the above forecasts due to changes in business conditions.

Average number of shares during the fiscal year and semiannual (after deducting the number of treasury stock)
FY2005 semiannual
FY2006 semiannual
FY2005
Common stock
1,876,337 shares
1,919,831 shares
1,896,412 shares
Common stock equivalent– shares1 share0 sharesshare; Special class share
Number of shares issued and outstanding at the end of fiscal year and semiannual (after deducting the number of treasury stocks)
FY2005 semiannual
FY2006 semiannualFY2005
Common stock
1,919,832 shares
1,919,831 shares
1,919,831 shares
Common stock equivalent– shares1 share1 shareshare; Special class share
Note:

Since shareholder of the special class share is entitled to the same rights as that for shareholders of common stock regarding dividends andthe distribution of residual property, the special class share is classified as common stock equivalent share.