Financial Summary for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Overview of Business Performance

For the fiscal year ending March 2026, the Okinawa Electric Power Group recorded consolidated net sales of JPY 220.177 billion, representing a 6.9% decrease YoY. This decline was influenced by continued cost-saving tendencies due to rising prices and a decrease in electricity sales volume for lighting. Operating income increased 26.9% to JPY 9.29 billion, while ordinary income grew 44.2% to JPY 8.167 billion. Net income attributable to owners of parent also improved significantly by 44.2%, reaching JPY 6.234 billion. By segment, electricity business net sales were JPY 207.578 billion (7.3% decrease), operating income was JPY 5.626 billion (5.3% increase); construction business net sales were JPY 25.566 billion (3.0% decrease), operating income was JPY 1.394 billion (51.6% increase).

Dividend Status and Future Outlook

For the fiscal year ending March 2026, an annual dividend of JPY 30 per share (interim JPY 15, year-end JPY 15) is planned, representing an increase from JPY 20 per share in the prior year. The dividend payout ratio stands at 26.1%, and the consolidated equity ratio reached 25.0%. The earnings forecast for the fiscal year ending March 2027 remains undecided due to uncertainties such as Middle East geopolitical conditions; however, the basic policy maintains a stable dividend, aiming to sustain a consolidated dividend on equity (DOE) of 2.0% or higher. Following the end of the recovery period, dividend levels are being gradually increased.