Chubu Electric Power Company,incorporated · TSE:9502
Chubu Electric Power Company,incorporated — H1 FY2025 Earnings Presentation
23 slides from Chubu Electric Power Company,incorporated's earnings presentation, Oct 28, 2025
Slide 1: Presentation Materials for Six-Months ended September 30, 2025
Presentation Materials for Six-Months ended September 30, 2025 October 28, 2025
Slide 2: INDEX
INDEX Ⅰ｜ Outline of Financial Results for Six-Months ended September 30, 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 Fo
Slide 3: Outline of Financial Results for Six-Months ended September 30, 2025
Outline of Financial Results for Ⅰ Six-Months ended September 30, 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. 2nd Quarter (2Q) represents six months period ended Se
Slide 4: Summary of Financial Results <1>
Summary of Financial Results <1> <Points of Financial Results> (Consolidated) ■ Operating revenue: 1,747.8 billion yen Operating revenue decreased by 18.6 billion yen compared with 2024/2Q, mainly due to factors such as the impact of TOENEC CORPORATION becoming an affiliate rather than a subsidiary
Slide 5: Summary of Financial Results <2>
Summary of Financial Results <2> <Factors contributing to change in consolidated operating revenue> 18,000 (Operating revenue decreased by18.6 billion yen) 1,800.0 (Billion yen) The impact of TOENEC CORPORATION becoming an affiliate rather than a subsidiary in 2024/2Q Others -34.0 15.3 Increase in e
Slide 6: Summary of Financial Results <3>
Summary of Financial Results <3> <Factors contributing to change in consolidated ordinary profit> (Ordinary profit increased by 8.3 billion yen) 2,500 250.0 (Billion yen) Miraiz (Excluding JERA (Excluding Time lag income time lag) time lag) Power Grid -10.9 5.9 -5.5 Others 2,000 34.0 (106.5 → 95.6)
Slide 7: Summary of Financial Results by Segments <1>
Summary of Financial Results by Segments <1> (Billion yen, %) 2025/2Q 2024/2Q Change (A) (B) (A-B) (A-B)/B Miraiz 1,455.0 1,439.3 15.6 1.1 Operating Power Grid 460.8 459.6 1.1 0.3 revenue Other (*1) 317.0 361.6 (44.6) (12.3) Adjustment (485.1) (494.2) 9.1 (1.8) Total 1,747.8 1,766.4 (18.6) (1.1) Mir
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 1.9 billion yen compared with 2024/2Q, 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 5.9 billion yen compared with 2024/2Q, 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 19.4billion yen compared with 2024/2Q, mainly due to an increase of the time lag gain although there was a decrease in profits due to fuel procurement impacts in the do
Slide 11: Electrical Power Generation
Electrical Power Generation <Electrical Power Generation> (Chubu Electric Power) ■ Hydro Decreased by 0.2 TWh since the flow rate was lower than 2024/2Q ■ Renewable energy Same as 2024/2Q (TWh,%) 2025/2Q 2024/2Q Change (A) (B) (A-B) (A-B)/B Hydro 5.8 6.0 (0.2) (3.2) <flow rate> <99.1> <109.4> <(10.3
Slide 12: [Reference] Image of Time Lag (Result)
[Reference] Image of Time Lag (Result) (Billion yen) ＜2024/2Q＞ ＜2025/2Q＞ Loss Income (1.0) 33.0 Elements of income (time lag from fuel 収益の諸元 procurement) （燃料調達からのタイムラグ） 費用の諸元 Elements of cost （燃料調達） (fuel procurement) 2024/4 2024/10 2025/4 2025/10 2026/4 * The amount is the total of the time-lag inc
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 July 29, 2025. The forecast for FY2025 is expected to be on a similar level to the previous announcement due to factors such as the impact of high summer temperatures and
Slide 14: Summary of Forecast for FY2025 <2>
Summary of Forecast for FY2025 <2> [Principal Figures] Competitive impacts in sales <approx. 0.3> <Electrical Energy Sold by Miraiz> Impacts of temperature and market etc. < approx. 2.2> (TWh,%) Current July 29 Change (A) (B) (A-B) (A-B)/B Electrical Energy Sold 109.7 107.2 2.5 2.3 Electrical Energy
Slide 15: [Reference] Impact of US tariff policy
[Reference] Impact of US tariff policy <Impact of US tariff policy on electricity demand> Industrial electricity demand in the Chubu area for the April to September 2025 period is progressing as planned, and we do not believe that there will be any significant impact at this point. On the other hand
Slide 16: Dividends
Dividends <Policy of Return to Shareholders> Our group will continue to invest in plants and equipments for a safe and stable supply of electricity as well as in growth sectors to maintain sustainable growth and increase our corporate value. Providing strong shareholder returns is an important missi
Slide 17: 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 18: Consolidated Statements of Income
Consolidated Statements of Income (Billion yen,%) 2025/2Q 2024/2Q Change (A) (B) (A-B) (A-B)/B Operating revenue 1,747.8 1,766.4 (18.6) (1.1) Share of profit of entities accounted for using equity method 68.3 56.7 11.5 20.3 Other 5.1 8.5 (3.3) (39.6) Non-operating income 73.4 65.3 8.1 12.5 Ordinary
Slide 19: Consolidated Financial Standing
Consolidated Financial Standing (Billion yen) Sep. 30, 2025 Mar. 31, 2025 Change (A) (B) (A-B) Assets 7,414.0 7,124.8 289.2 Liabilities 4,430.6 4,266.2 164.3 Net assets 2,983.3 2,858.5 124.8 (Billion yen) Sep. 30, 2025 Mar. 31, 2025 Change (A) (B) (A-B) Shareholders’ equity ratio (%) 39.3 39.1 0.2 O
Slide 20: Forecast for FY2025 by Segments
Forecast for FY2025 by Segments <Forecast for FY2025 by Segments> (Ordinary profit ) Forecast has been revised from the previous announcement made on July 29, 2025. Miraiz is expected to increase profits by approximately 15.0 billion yen due to factors such as the impact of high summer temperatures
Slide 21: Consolidated Financial Indicators
Consolidated Financial Indicators FY2024 FY2025 FY2025 [Medium-term(%) (Result) (Forecast) management plan] 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 * - approx.5 - ＲＯＥ 7.0 approx.6 approx.7 * The Real Estate
Slide 22: 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 23: 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 — H1 FY2025 Earnings Presentation on 6ix