RENOVA, Inc.
Notice Regarding Revision of Full-Year Consolidated Earnings Guidance (IFRS)
Revised consolidated earnings guidance for the fiscal year ending March 2026 to revenue of 87,900 million yen (2.9% decrease from previous forecast), operating income of 8,000 million yen (14.0% decrease), and net income attributable to owners of parent of 2,800 million yen (86.7% increase)
Key Figures
- Revenue: 87,900 million yen (2.9% decrease from previous forecast)
- Operating Income: 8,000 million yen (14.0% decrease from previous forecast)
- Net Income Attributable to Owners of Parent: 2,800 million yen (86.7% increase from previous forecast)
AI要約
Overview of Earnings Forecast Revision
Renova, Inc. has revised its consolidated earnings guidance for the fiscal year ending March 2026. Revenue, EBITDA, and operating income were revised downward primarily due to decreased revenue caused by the operational suspension of the Omaezaki Port biomass power plant. Conversely, net income attributable to owners of parent was revised upward, as profit-increasing factors such as higher development fees from the energy storage business and increased option fair value gains outweighed the impact of lower revenue.
Main Factors of Revision and Outlook
Revenue decreased by 2,600 million yen compared to the previous forecast, mainly due to a 3,000 million yen revenue decline caused by inspection and repair work resulting in the suspension of operations at the Omaezaki Port biomass power plant. Operating income also declined by 1,300 million yen for similar reasons, although increased development fees from the energy storage business and reductions in head office expenses partially offset this impact. Net income attributable to owners of parent increased by 1,300 million yen due to higher gains from option fair value revaluation and upward revision of remeasurement gains related to business combinations. Future performance may fluctuate based on current information.
