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JAPEX was established in 1955 as a company engaged in the exploration, development, and production or E&P of oil and natural gas. We have been striving to achieve sustainable growth and increase corporate value by fulfilling our social mission of "stable supply of energy."
Currently, while the global energy landscape is driven by the ambitious goal of decarbonization, the importance of oil and natural gas is being reaffirmed, and efforts are underway to identify a more realistic path toward a carbon-neutral society. Furthermore, capital markets are placing even stronger demands on "management that is mindful of the cost of capital."
Based on our recognition that oil and natural gas will continue to play a major role in the global energy supply, we regard the expansion of our overseas E&P business as the key to sustainable growth and enhancing corporate value. We will accelerate our efforts to expand our business scale while ensuring a stable supply of energy. Furthermore, leveraging the E&P technical expertise we have honed since our foundation, we will work to achieve the "decarbonization of fossil fuels" by engaging in CCUS initiatives aimed at the underground storage and effective utilization of carbon dioxide.
We sincerely ask for your continued understanding and support as we embark on new challenges.
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