Shikoku Electric Power Company, Incorporated
Notice of Revision to Earnings Guidance
The consolidated earnings guidance for the fiscal year ending March 2026 has been revised to net sales of 770,000 million yen (3.8% decrease from previous forecast), operating income of 68,500 million yen (28.0% increase), and net income attributable to owners of parent of 52,000 million yen (26.8% increase).
Key Figures
- Consolidated Net Sales: 770,000 million yen (3.8% decrease from previous forecast)
- Consolidated Operating Income: 68,500 million yen (28.0% increase from previous forecast)
- Net Income Attributable to Owners of Parent: 52,000 million yen (26.8% increase from previous forecast)
AI要約
Overview of Revision to Earnings Guidance
Shikoku Electric Power Company, Incorporated has revised its consolidated and non-consolidated earnings guidance for the fiscal year ending March 2026. Consolidated net sales are projected at 770,000 million yen (3.8% decrease from previous forecast), operating income at 68,500 million yen (28.0% increase), and net income attributable to owners of parent at 52,000 million yen (26.8% increase). Non-consolidated figures were also revised to net sales of 657,000 million yen (2.7% decrease), operating income of 42,500 million yen (11.8% increase), and net income of 39,000 million yen (9.9% increase).
Reasons and Background for the Revision
Based on the results of the third quarter financials, an upward revision in profits was made anticipating improvements in supply and demand balance in the electricity business and profit increases in businesses outside the electricity sector. On the other hand, net sales are expected to decline. While retail electricity sales are increasing, wholesale sales are decreasing, leading to a slight overall decline in total electricity sales volume. Changes in fuel prices and exchange rates are also impacting the earnings forecast.
