Inpex Dividends and Buybacks
Dividend criteria checks 5/6
Inpex is a dividend paying company with a current yield of 2.62% that is well covered by earnings. Next payment date is on 1st September, 2026 with an ex-dividend date of 29th June, 2026.
Key information
2.6%
Dividend yield
1.9%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 19.0% |
| Next dividend pay date | 01 Sep 26 |
| Ex dividend date | 29 Jun 26 |
| Dividend per share | n/a |
| Payout ratio | 30% |
Recent dividend and buyback updates
Inpex (TSE:1605) Is Due To Pay A Dividend Of ¥50.00
Dec 12
Inpex's (TSE:1605) Dividend Will Be ¥50.00
Nov 28Inpex (TSE:1605) Will Pay A Dividend Of ¥50.00
Nov 14Inpex (TSE:1605) Has Announced A Dividend Of ¥50.00
Sep 02Recent updates
1605: Beetaloo Expansion And LNG Plans Will Likely Keep Shares Fairly Valued
The analyst price target for Inpex has been revised from approximately ¥3,192 to about ¥3,952. Analysts cited updated assumptions around revenue growth, profit margins, and a slightly adjusted discount rate and future P/E as key drivers of the change.
1605: Future Cash Flows And Beetaloo Development Will Support Shareholder Returns
Analysts have raised their price target on Inpex to ¥5,000 from ¥4,859, citing updated assumptions for future revenue growth, profit margins, and a lower forward P/E multiple, while also noting that some expect softer oil and gas prices ahead. Analyst Commentary Recent research on Inpex reflects a split view, with some analysts focusing on potential downside risks from softer oil and gas price assumptions and others pointing to valuation support and execution on current projects.
1605: Softer 2026 Commodity Prices Will Likely Drive Further Share Downside
Analysts have slightly lifted their fair value estimate for Inpex to ¥2,780 from ¥2,750, reflecting updated assumptions on future P/E and margins, while incorporating recent Street research that factors in expectations for softer oil and gas prices in 2026. Analyst Commentary Bearish analysts are taking a more cautious stance on Inpex, even as fair value estimates are being fine tuned.1605: Higher 2026 Cash Flows And Buybacks Will Support Stronger Shareholder Returns
Narrative Update on Inpex Analysts have adjusted their fair value estimate for Inpex from about ¥4,187 to roughly ¥4,859, reflecting updated assumptions on revenue growth, profit margins and future P/E multiples. This comes alongside a recent move by one firm to set a ¥2,820 price target based on expectations for softer oil and gas prices in 2026.1605: Softer 2026 Commodity Pricing Will Likely Constrain Upside Potential
Analysts have lifted their fair value estimate for Inpex to ¥2,750 from ¥1,940, citing updated assumptions on discount rates, revenue trends and future P/E, even as some now expect softer oil and gas pricing ahead. Analyst Commentary Bearish analysts recently shifted to a more cautious stance on Inpex, moving their rating to Underperform with a price target of ¥2,820.Earnings Update: Inpex Corporation (TSE:1605) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Feb 141605: Buybacks And Softer 2026 Pricing Views Will Likely Keep Shares Fairly Valued
Analysts have updated their fair value estimate for Inpex from ¥3,146 to about ¥3,192, reflecting revised price target work that incorporates expectations for softer oil and gas prices in 2026. Analyst Commentary Recent research has led some bearish analysts to adopt a more cautious stance on Inpex, with a revised price target of ¥2,820 that sits below the updated fair value estimate of about ¥3,192.1605: Buybacks And Cautious 2026 Pricing Views Will Likely Keep Shares Fairly Valued
Analysts now see Inpex's fair value at ¥3,146, down slightly from ¥3,150, reflecting updated views on revenue, margins and future P/E after some have turned more cautious on oil and gas pricing. Analyst Commentary Bullish Takeaways Bullish analysts point out that the fair value cut to ¥3,146 is small relative to prior estimates, which they see as a sign that core assumptions on earnings power and P/E have not materially shifted.1605: Expanded Buybacks And Firm Margins Will Support Stronger Shareholder Returns
Analysts have kept their fair value estimate for Inpex broadly steady at ¥4,186.61 per share, reflecting updated assumptions for lower revenue growth expectations, a slightly higher profit margin and a modestly higher future P/E of 13.73, which together inform the latest price target view. What's in the News Board meeting scheduled for November 13, 2025 to consider changes to Inpex's shareholder benefit system and other agenda items (company event filing).1605: Shareholder Returns Will Likely Accelerate Under Expanded Buyback Program
Analysts have raised their price target on Inpex from ¥2,900 to approximately ¥4,187, citing expectations of faster revenue growth, stronger profit margins, and a higher justified future P/E multiple. What's in the News Board meeting scheduled for November 13, 2025, to consider enhancing the shareholder benefit system and other matters (Company announcement).Inpex (TSE:1605) Is Due To Pay A Dividend Of ¥50.00
Dec 121605: Future Buybacks And Raised Guidance Will Likely Keep Shares Fairly Valued
Analysts have raised their price target on Inpex from ¥2,801 to ¥3,150, reflecting slightly improved long term revenue and margin expectations and a modestly higher assumed future price to earnings multiple. What's in the News Board meeting scheduled for November 13, 2025, with an agenda that includes enhancing the shareholder benefit system and other matters (company disclosure) Equity buyback plan expanded on November 13, 2025, increasing authorization by ¥20,000 million to ¥100,000 million, with the maximum number of shares raised from 50,000,000 to 60,000,000 and the program extended to January 31, 2026 (company disclosure) Full year 2025 earnings guidance raised, with net sales now expected at JPY 2,000,000 million, operating profit at JPY 1,120,000 million, and profit attributable to owners of parent at JPY 390,000 million, reflecting strong project operations and updated oil price and FX assumptions (company guidance) Buyback tranche update for August 8, 2025 to September 30, 2025, confirming repurchase of 11,396,500 shares, or 0.95 percent of shares, for ¥28,321.54 million under the existing program (company disclosure) Valuation Changes Consensus Analyst Price Target increased moderately from ¥2,801 to ¥3,150, reflecting a somewhat more optimistic view of long term value Discount Rate unchanged at 4.8 percent, indicating no shift in the assumed risk profile or cost of capital Revenue Growth revised slightly higher from negative 2.47 percent to negative 2.39 percent, implying a marginally less pronounced decline in long term sales Net Profit Margin edged up from 17.10 percent to 17.17 percent, suggesting modestly stronger long term profitability expectations Future P/E risen from 11.47 times to 12.81 times, indicating a somewhat higher valuation multiple being applied to expected earningsInpex's (TSE:1605) Dividend Will Be ¥50.00
Nov 281605: Future Buyback Expansion Is Expected To Limit Shareholder Returns
Analysts have raised their price target for Inpex from ¥2,548 to ¥2,801. They cited an improved outlook with better projected revenue growth and only minor changes to profit margins.Earnings Miss: Inpex Corporation Missed EPS By 13% And Analysts Are Revising Their Forecasts
Nov 16Inpex (TSE:1605) Will Pay A Dividend Of ¥50.00
Nov 141605: Future Discount Rate Decline Signals Persistent Downside Risk
Analysts have maintained their price target for Inpex at ¥2,548. This steady outlook is supported by unchanged revenue and profit margin forecasts as well as expectations of a slightly reduced discount rate.Share Buyback and Dividend Increase Will Influence Future LNG Valuations
Analysts have raised their fair value estimate for Inpex from ¥2,521 to ¥2,548. They cite an improved profit margin outlook and a slight reduction in the discount rate, which together support a modestly higher price target.Calculating The Fair Value Of Inpex Corporation (TSE:1605)
Sep 27Global Energy Shift Will Expose Overvaluation Risks In LNG
The consensus price target for Inpex has increased to ¥2521, reflecting improved sentiment driven by slightly better revenue growth forecasts and a modest uptick in net profit margin. What's in the News Board resolved to acquire treasury stock and authorized a share buyback plan.Inpex (TSE:1605) Has Announced A Dividend Of ¥50.00
Sep 02Global Energy Shift Will Expose Overvaluation Risks In LNG
As Inpex’s future P/E and discount rate remained essentially unchanged, analysts have kept their outlook steady, reflected in only a slight increase in the fair value estimate to ¥2411. What's in the News Board approved acquisition of treasury stock and authorized a share buyback plan.Is Inpex (TSE:1605) A Risky Investment?
Jul 28Returns On Capital Are Showing Encouraging Signs At Inpex (TSE:1605)
Jul 10Global Energy Shift Will Expose Overvaluation Risks In LNG
Market optimism about LNG and new energy ventures may be overextended, exposing the company to risks from faster renewable adoption and execution challenges in major projects.Inpex (TSE:1605) Has Announced That It Will Be Increasing Its Dividend To ¥45.00
Jun 16Inpex (TSE:1605) Is Increasing Its Dividend To ¥45.00
Jun 02Inpex (TSE:1605) Is Increasing Its Dividend To ¥45.00
May 19Inpex Corporation Just Beat EPS By 37%: Here's What Analysts Think Will Happen Next
May 16Inpex's (TSE:1605) Shareholders Will Receive A Bigger Dividend Than Last Year
May 05Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1605's dividends per share have been stable in the past 10 years.
Growing Dividend: 1605's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Inpex Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1605) | 2.6% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Oil and Gas) | 2.7% |
| Analyst forecast (1605) (up to 3 years) | 3.1% |
Notable Dividend: 1605's dividend (2.62%) is higher than the bottom 25% of dividend payers in the JP market (1.72%).
High Dividend: 1605's dividend (2.62%) is low compared to the top 25% of dividend payers in the JP market (3.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.2%), 1605's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.4%), 1605's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/01 20:19 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Inpex Corporation is covered by 23 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kazuhisa Mori | Barclays |
| NEIL BEVERIDGE | Bernstein |
| Kohei Suga | BofA Global Research |