FY2025 Financial Results Presentation Materials

Performance Overview

Net sales for FY2025 were 6,328.5 billion yen, representing 92.9% Year-over-Year due to a decrease in electricity sales volume resulting in lower revenues. Conversely, ordinary income increased to 417.3 billion yen (164.0% YoY increase), reflecting improved timing effects under the fuel cost adjustment system and continued efforts on earnings improvement. Extraordinary losses amounted to △811.7 billion yen, including disaster-related special losses, resulting in a net loss attributable to owners of the parent of △454.2 billion yen.

Segment Performance and Financial Position

By segment, TEPCO Holdings’ core business posted increased profits; TEPCO Cafe Élu & Power and TEPCO Power Grid also achieved profit growth, while TEPCO Energy Partner and TEPCO Renewable Power experienced profit declines. Total assets stood at 15,575.6 billion yen, up 588.6 billion yen, liabilities increased by 956.3 billion yen to 12,157.2 billion yen, and net assets decreased by 367.7 billion yen to 3,418.3 billion yen. The equity ratio deteriorated by 3.3 points to 21.8%.

Dividends and Earnings Guidance

The year-end dividend for FY2025 was set at no dividend, with no dividends forecasted for both interim and year-end periods in FY2026. Earnings guidance for FY2026 remains undecided.