Electric Power Development Co., Ltd.
【Electric Power Development】Q1 FY2027 Earnings|Sales of 280 billion yen (+12% YoY)
Electric Power Development reported net sales of 280 billion yen (12% increase) and net income of 27.4 billion yen (47% decrease) for the first quarter of FY2027. Growth in overseas business and thermal power generation contributed to revenue increases, but profits declined significantly due to higher fuel costs and exchange losses.
Key Figures
- Net revenue: 280,273 million yen (up 12.0% YoY)
- Net income attributable to owners of parent: 27,424 million yen (down 47.3% YoY)
- Total assets (consolidated): 3,837,613 million yen (increased by 97.9 billion yen from the previous term)
AI要約
Performance Overview
For the first quarter of FY2027, consolidated net sales reached 280 billion yen (up 12% YoY), reflecting steady growth. However, net income decreased significantly to approximately 27.4 billion yen (down 47%) due to increased fuel expenses and exchange losses despite higher sales from overseas business and thermal power generation, which saw an increase in sales volumes. Segment-wise, the power generation segment benefited from higher utilization rates of thermal plants, and overseas operations saw increased sales volumes, resulting in revenue growth.
Future Outlook and Impact on Shareholders
The full-year forecast for FY2027 projects net sales of 138 billion yen (up 16.7% YoY) and net income of 810 million yen (up 38.4%), indicating a resilient outlook. The company plans to raise dividends from 50 yen to 55 yen and pursue long-term growth strategies through share buybacks and expansion of overseas operations, aiming to enhance profitability. Shareholder returns will include continued dividend increases, creating an attractive environment for investors.
Segment-wise Revenue Composition
Total Assets Trend
Profit Margin Trend
Electric Power Development Co., Ltd.
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