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Equity put options allow the purchaser to buy a stock at a lower level, the strike price, by a specified time, the expiry date.

That beat the estimate of ¥163.5 billion in a poll of analysts by data provider Visible Alpha.

The London-based oil-and-gas company said Tuesday that the results reflect higher production and stronger refining margins, which were partly offset by a weak oil trading result.

Last year, the wealth fund opposed a separate proposal to ratify a 2018 pay package for Musk that had been canceled by a Delaware judge.

They include a halt in any rises to spending in 2026, plans to reduce the tax on petrol and future changes to how corporate tax income is calculated by the States of Guernsey.