Chubu Electric Power Company,incorporated · TSE:9502
Chubu Electric Power Company,incorporated — 9M FY2025 Earnings Presentation
21 slides from Chubu Electric Power Company,incorporated's earnings presentation, Feb 2, 2026
Slide 1: Presentation Materials for Nine-Months ended December 31, 2025
Presentation Materials for Nine-Months ended December 31, 2025 February 2, 2026
Slide 2: INDEX
INDEX Ⅰ｜Outline of Financial Results for Nine-Months ended December 31, 2025 Summary of Financial Results ･･･････････････01 Summary of Financial Results by Segments ･･･････････････04 Electrical Power Generation ･･･････････････08 [Reference] Image of Time Lag (Result) ･･･････････････09 Summary of For
Slide 3: Outline of Financial Results for Nine-Months ended December 31, 2025
Outline of Financial Results for Ⅰ Nine-Months ended December 31, 2025 Note:The company’s fiscal year (FY) is from April 1 to March 31 of the following year. FY2025 represents the fiscal year begun on April 1, 2025, and ending on March 31, 2026. 3rd Quarter (3Q) represents nine months period ended D
Slide 4: Summary of Financial Results <1>
Summary of Financial Results <1> <Points of Financial Results> (Consolidated) ■ Operating revenue: 2,566.3 billion yen Operating revenue decreased by 85.2 billion yen compared with 2024/3Q, mainly due to a decrease in fuel cost adjustment charge* (-74.0 billion yen). * including government support f
Slide 5: Summary of Financial Results <2>
Summary of Financial Results <2> <Factors contributing to change in consolidated operating revenue> (Operating revenue decreased by 85.2 billion yen) 27,000 2,700.0 (Billion yen) A decrease in fuel cost adjustment charge, etc.* -74.0 2,600.0 26,000 Others -11.2 2,651.6 The impact of TOENEC CORPORATI
Slide 6: Summary of Financial Results <3>
Summary of Financial Results <3> <Factors contributing to change in consolidated ordinary profit> (Ordinary profit increased by 18.4 billion yen) (Billion yen) 300.0 3,000 JERA (Excluding time lag) Others 2,500 250.0 Miraiz (Excluding 42.6 -26.9 Time lag income time lag) Power Grid (27.2 → 0.3) 6.0
Slide 7: Summary of Financial Results by Segments <1>
Summary of Financial Results by Segments <1> (Billion yen, %) 2025/3Q 2024/3Q Change (A) (B) (A-B) (A-B)/B Miraiz 2,115.3 2,142.6 (27.2) (1.3) Operating Power Grid 675.1 684.1 (8.9) (1.3) revenue Other (*1) 494.7 553.4 (58.6) (10.6) Adjustment (718.9) (728.5) 9.6 (1.3) Total 2,566.3 2,651.6 (85.2) (
Slide 8: Financial Results by Segments <2>: Miraiz
Summary of Financial Results by Segments <2>: Miraiz <Factors contributing to change in Ordinary profit> ■ Ordinary profit decreased by 2.7 billion yen compared with 2024/3Q, mainly due to increased fixed power costs, the reaction to the previous year's abundant rainfall although there were cost red
Slide 9: Financial Results by Segments <3>: Power Grid
Summary of Financial Results by Segments <3>: Power Grid <Factors contributing to change in Ordinary profit> Ordinary profit increased by 9.5 billion yen compared with 2024/3Q, mainly due to an increase in transmission revenue by an increase in energy demand in Chubu region and a decrease in supply
Slide 10: Financial Results by Segments <4>: JERA
Summary of Financial Results by Segments <4>: JERA <Factors contributing to change in Ordinary profit> Ordinary profit increased by 38.6 billion yen compared with 2024/3Q, mainly due to an increase in profits in fuel procurement impact and an increase in profits from overseas and renewable energy po
Slide 11: Electrical Power Generation
Electrical Power Generation <Electrical Power Generation> (Chubu Electric Power) ■ Hydro Decreased by 0.5 TWh since the flow rate was lower than 2024/3Q ■ Renewable energy Same as 2024/3Q (TWh,%) 2025/3Q 2024/3Q Change (A) (B) (A-B) (A-B)/B Hydro 7.5 7.9 (0.5) (5.9) <flow rate> <95.2> <110.2> <(15.0
Slide 12: [Reference] Image of Time Lag (Result)
[Reference] Image of Time Lag (Result) (Billion yen) ＜2024/3Q＞ ＜2025/3Q＞ Income Income 8.0 14.0 Elements of income 収益の諸元 (time lag from fuel （燃料調達からのタイムラグ） procurement) 費用の諸元 Elements of cost （燃料調達） (fuel procurement) 2024/4 2025/1 2025/4 2026/1 2026/4 * The amount is the total of the time-lag incom
Slide 13: Summary of Forecast for FY2025 <1>
Summary of Forecast for FY2025 <1> <Forecast> (Consolidated) Forecast has not been revised from the previous announcement made on October 28, 2025. Consolidated operating revenue: 3,550.0 billion yen (forecast) Consolidated ordinary profit: 230.0 billion yen (forecast) ･ Operating revenue will decre
Slide 14: Summary of Forecast for FY2025 <2>
Summary of Forecast for FY2025 <2> [Principal Figures] (TWh,%) Current October 28 Change Electrical Energy Sold by Miraiz (A) (B) (A-B) (A-B)/B Electrical Energy Sold 109.7 109.7 - - Electrical Energy Sold - - 120.9 120.9 including group companies(*) Competitive impacts in sales <approx. 1.2> Impact
Slide 15: Reference Data: Financial Results
Ⅱ Reference Data: Financial Results C o p y r i g h t © C h u b u E l e c t r i c P o we r C o . , I n c . A l l r i g h t s r e s e r v e d .
Slide 16: Consolidated Statements of Income
Consolidated Statements of Income (Billion yen,%) 2025/3Q 2024/3Q Change (A) (B) (A-B) (A-B)/B Operating revenue 2,566.3 2,651.6 (85.2) (3.2) Share of profit of entities accounted for using equity method 94.8 52.1 42.6 81.6 Other 10.5 12.8 (2.3) (17.9) Non-operating income 105.4 65.0 40.3 61.9 Ordin
Slide 17: Consolidated Financial Standing
Consolidated Financial Standing (Billion yen) Dec. 31, 2025 Mar. 31, 2025 Change (A) (B) (A-B) Assets 7,499.4 7,124.8 374.6 Liabilities 4,421.1 4,266.2 154.9 Net assets 3,078.2 2,858.5 219.7 (Billion yen) Dec. 31, 2025 Mar. 31, 2025 Change (A) (B) (A-B) Shareholders’ equity ratio (%) 40.1 39.1 1.0 O
Slide 18: Forecast for FY2025 by Segments
Forecast for FY2025 by Segments <Forecast for FY2025 by Segments> (Ordinary profit ) Forecast has not been revised from the previous announcement made on October 28, 2025. [Ordinary Profit (Loss)] (Billion yen, %) Current October 28 Change (A) (B) (A-B) (A-B)/B Miraiz 110.0 110.0 - - <Ordinary Profi
Slide 19: Consolidated Financial Indicators
Consolidated Financial Indicators (%) FY2024 FY2025 FY2025 [Medium-term(%) (Result) (Forecast) management targets, etc.] ＲОＩＣ 3.8 3.3 3.2or more ＲＯＡ 4.1 approx.3 - Miraiz 17.6 approx.14 - Power Grid 2.5 approx.2 - JERA 3.3 approx.5 - Real Estate Business *1 - approx.5 - ＲＯＥ 7.0 approx.6 approx.7 *2
Slide 20: DISCLAIMER
DISCLAIMER The forecasts in this presentation are based on information available as of the date of this announcement was made, and also, assumptions as of the date of this announcement were made on uncertain factors that would affect future results. Actual results may materially differ by various ca
Slide 21: C o p y r i g h t © C h u b
C o p y r i g h t © C h u b u E l e c t r i c P o we r C o . , I n c . A l l r i g h t s r e s e r v e d .
Chubu Electric Power Company — 9M FY2025 Earnings Presentation on 6ix