INPEX Lifts Full-Year Profit Guidance to a Record ¥510bn Despite Falling Oil Sales
Middle East disruption cut INPEX's crude sales nearly a quarter in the first half, but higher prices, a weaker yen and steady Ichthys output pushed the energy explorer to raise its full-year profit forecast to a record ¥510bn, fund a ¥140bn buyback and lift its dividend to ¥112 a share.