Financial Summary for the Third Quarter of Fiscal Year Ending March 2026 [Japanese Standards] (Consolidated)

Overview of Financial Performance

Consolidated results for the third quarter of the fiscal year ending March 2026 showed net sales of 617.73 billion yen (4.4% decrease YoY), operating income of 79.157 billion yen (22.7% increase YoY), ordinary income of 67.982 billion yen (19.7% increase YoY), and net income attributable to owners of parent for the quarter of 48.822 billion yen (10.7% decrease YoY). The decline in net sales was mainly due to a decrease in fuel cost adjustment amount following lower fuel prices, but operating and ordinary incomes increased. The decrease in net income was affected by a reduction in gains from nuclear fuel sales recorded as special income.

Financial Condition and Dividend Status

Total assets amounted to 2.378234 trillion yen, an increase of approximately 5.9% from the end of the previous fiscal year, while net assets rose about 13.0% to 459.741 billion yen. The equity ratio improved by 1.2 points to 18.7%. The annual dividend is planned at 30 yen per common share (15 yen at the end of the second quarter and 15 yen at the end of the fourth quarter), representing a 10 yen increase compared to the previous year. The number of issued shares remains almost flat at about 215.29 million shares.

Full-Year Earnings Forecast

The consolidated full-year earnings forecast for the fiscal year ending March 2026 anticipates net sales of 867 billion yen (3.9% decrease YoY), operating income of 59 billion yen (22.2% decrease YoY), ordinary income of 43 billion yen (32.9% decrease YoY), and net income attributable to owners of parent of 28 billion yen (56.4% decrease YoY). Earnings per share are forecasted at 129.49 yen. There have been no revisions from the most recent earnings forecast.