RENOVA, Inc.
Supplementary Materials for Q3 Fiscal Year Ending March 2026 Financial Results
For the third quarter of the fiscal year ending March 2026, revenue was ¥64,016 million, operating income was ¥7,759 million, and net income attributable to owners of the parent was ¥3,643 million, marking a significant year-over-year increase.
Key Figures
- Revenue: ¥64,016 million (Year-over-year increase)
- Operating Income: ¥7,759 million (Year-over-year increase)
- Net Income Attributable to Owners of Parent: ¥3,643 million (Previous year: ¥-912 million)
AI要約
Overview of Performance
For the third quarter of the fiscal year ending March 2026, consolidated revenue increased to ¥64,016 million from ¥48,631 million in the same period last year. Operating income rose significantly to ¥7,759 million from ¥2,529 million in the previous year, and net income attributable to owners of the parent turned positive at ¥3,643 million. This was largely driven by the commencement of operations at Tokushima Tsuda Biomass, Omaezaki Port Biomass, and Karatsu Biomass facilities, as well as the recognition of business development fees. Facility capacity also expanded from 883.8 MW to 1,212.6 MW year-over-year, demonstrating ongoing business growth.
Segment Performance and Financial Soundness
Revenue from the renewable energy power generation business increased to ¥63,406 million with operating income rising to ¥13,415 million year-over-year. Particularly, the biomass segment showed strong growth with revenue of ¥51,380 million and operating income of ¥7,746 million. While the large-scale solar segment saw a slight decline, overall steady growth was observed. Financially, the parent shareholders' equity ratio improved from 16.8% to 18.7%, and the capital adequacy ratio increased from 25.2% to 28.8%. The Net Debt/EBITDA ratio decreased from 10.5x to 8.4x, reflecting enhanced financial soundness.
