Impact of the Escalating Tensions in the Middle East on 온라인 카지노 Performance

온라인 카지노 (JAPEX) announces the impact on its business performance resulting from the escalating tensions in the Middle East.

온라인 카지노 procures LNG (liquefied natural gas) through term contracts and other arrangements to serve as feedstock for natural gas supply and as fuel for power generation at the Fukushima Natural Gas Power Plant. Currently, due to the ongo has purchased substitute cargoes on a spot basis from other production areas for two LNG cargoes originally scheduled to be procured from the Persian Gulf in the first quarter of fiscal year 2026. As a result, the procurement cost of LNG concerned is expected to rise significa Middle East.
As from the supplier perspective, there are no concerns that the natural gas or electricity supply will be disrupted, as 온라인 카지노 is implementing the aforementioned alternative procurement measures.

Furthermore, JAPEX is participating in Garraf oil field in southern Iraq (hereinafter "Iraq") through its consolidated subsidiary, Japex Garraf Ltd. At the oil field, we are advancing operations jointly with the operator subsidiary of PETRONAS).
Currently, production and shipments at Garraf 온라인 카지노 field have been suspended following a force majeure declaration by the Iraqi government, and there is no prospect of resumption. Consequently, we cannot anticipate revenue from the project.
 

While rising crude oil prices and the weakening of the yen, driven by the escalating tensions in the Middle East, are factors contributing to increased revenue and profits, higher costs from unplanned spot purchases of LNG and the suspension to a significant decline in profits. In addition, the supply and demand balance for chemical products used in the production operations of domestic oil and gas fields is tight; if this situation persists, it will drive up operating costs. 온라인 카지노 is currently analyzing the specific impact, based on certain assumptions regarding future developments, into our earnings forecast for the fiscal year ending March 2027, which will be announced on May 13. The impact on financial results for the fiscal year ended March 2026 will be minimal.

온라인 카지노 will continue to closely monitor developments on the ground and make every effort to ensure a stable energy supply.

Please note that the information in the news is as of the announcement date and may be subject to change without notice.

Contact: +81-3-6268-7110 (Media Relations) / +81-3-6268-7111 (Investor Relations) / +81-3-6268-7000 (Other in general)

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