ファイル名：438-1 - NT

更新日時：2004/11/19 19:08 印刷日時： 最終印刷日時：2004/11/19 19:08

FY 2005 1st Quarter Consolidated Financial Results
November 17, 2004

Note: The following report is an English translation of the Japanese-language original.
Company name

INPEX CORPORATION

Code number：1604(1st section of Tokyo
Stock Exchange)(URL http://www.inpex.co.jp/)
Kunihoko Matuo , President
Representative
Seiya Ito, Director & General manager, Corporate Planning & Management Dept.
Contact person
Tel +81-3-5448-1238
1.

Preparation of Financial Results
1. Application of a simple accounting procedure
2. Any changes in accounting procedure from the latest fiscal year
3. Any changes in scope of consolidation and equity method of accounting
Number of newly consolidated subsidiaries: 1：No：No：Yes

Number of affiliates newly accounted for by the equity method: 1
2.

Results of FY2005 1st Quarter (April 1, 2004―June 30, 2004)(1) Consolidated operating results
Note: Amounts less than one million yen are rounded off.
Net sales

Operating income％Millions of yen

FY2005 1st Quarter
FY2004 1st Quarter
FY2004

97,53648,493
218,831％

Millions of yen

101.1−51,773
20,24993,876(Notes)202.3−％

Millions of yen

14,972
6,872
34,781

117.8−

Net income per share—dilutedyen8,120.64
11,664.84
58,838.76

49,945
16,522
94,773

Net income％Millions of yen

155.7
−

Net income per share—basicFY2005 1st Quarter
FY2004 1st Quarter
FY2004

Ordinary income(3,888.28)(19,612.92)

yen−−−

1. The percentage expressions for net sales, operating income, ordinary income and net income represent the change from thecorresponding period in the preceding year.
2. Average number of shares issued and outstanding in each period (consolidated) FY2005 1st quarter 1,843,716 shares; FY2004 1stquarter 589,200 shares; FY2004 589,200 shares
On May 18, 2004, there was a 3-for-1 stock split of common stock. Net income per share for FY2004 1st quarter and FY2004 restated
for the effect of this stock split is presented in parentheses.

(2) Consolidated financial position
Total assets

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

Millions of yenFY2005 1st Quarter
FY2004667,822525,298％

Millions of yen

348,918
278,113

52.2
52.9

yen

181,744.14
471,826.00(157,275.33)(Note) Number of shares issued and outstanding at the end of each period (consolidated) FY2005 1st quarter 1,919,832 shares
FY2004 589,200 shares
On May 18, 2004, there was a 3-for-1 stock split of common stock. Net assets per share for FY2004 restated for the effect of this stock split
are presented in parentheses.

Accompanying materials
1. Condensed Consolidated Balance Sheets
2. Condensed Consolidated Statements of Income― 1 ―ファイル名：438-2 - NT

更新日時：2004/11/18 17:15 印刷日時： 最終印刷日時：2004/11/19 18:41

1. Condensed Consolidated Balance Sheets
As of June 30, 2004
Amount (Millions of yen)
180,585
487,237
667,822
77,840207,417
171,321285,257
33,646
348,918

Description
Current assets
Fixed assets
Total assets
Current liabilities
Long-term liabilities
Long-term debt thereof
Total liabilities
Minority interests in consolidated subsidiaries
Total shareholders’ equity
Total liabilities,
minority interests and shareholders’ equity

As of March 31, 2004
Amount (Millions of yen)
106,952
418,345525,29828,894
185,410
169,307214,305
32,878278,113667,822525,298

2. Condensed Consolidated Statements of Income

Description

For the three months
ended June 30, 2004
AmountPercentage(Millions of yen)

Net sales
Cost of sales
Gross profit
Exploration expenses
Selling, general andadministrative expenses (Note)1
Operating income
Other income
Other expenses (Note)2
Ordinary income
Income before income taxes
and minority interests
Income taxes
Minority interests
Net income(%)

For the three months
ended June 30, 2003
AmountPercentage(Millions of yen)(%)

For the year ended March31, 2004
AmountPercentage(Millions of yen)(%)

97,53642,67454,861
719

100.0
43.8
56.2
0.7

48,49324,48724,006
3,045

100.0
50.5
49.5
6.3

218,831
105,758
113,072
11,552

100.0
48.3
51.7
5.3

2,368

2.4

711

1.4

7,644

3.5

51,773
1,747
3,575
49,945

53.1
1.8
3.7
51.2

20,249717
4,445
16,522

41.8
1.5
9.2
34.1

93,876
15,503
14,606
94,773

42.9
7.1
6.7
43.3

49,94551.2

16,522

34.1

94,77343.3

34,612361
14,972

35.5
0.3
15.4

11,134(1,484)6,872

23.0(3.1)
14.2

60,318(326)34,78127.5(0.1)
15.9(Notes) １ Depreciation and amortization expenses are included in the amounts: ¥397 million for FY2005 1st quarter,¥96 million for FY2004 1st quarter and ¥2,329 million for FY2004.
2 Provision for allowance for recoverable accounts under production sharing to projects in the exploration
phase is included: ¥104 million for FY2005 1st quarter, ¥3,381 million for FY2004 1st quarter and¥10,056 million for FY2004.

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