Chubu Electric Power Company,incorporated · TSE:9502
Chubu Electric Power Company,incorporated — Q1 FY2025 Earnings Presentation
22 slides from Chubu Electric Power Company,incorporated's earnings presentation, Jul 29, 2025
Slide 1: Presentation Materials for Three-Months ended June 30, 2025
Presentation Materials for Three-Months ended June 30, 2025 July 29, 2025
Slide 2: INDEX
INDEX Ⅰ｜ Outline of Financial Results for Three-Months ended June 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 Forec
Slide 3: Outline of Financial Results for Three-Months ended June 30, 2025
Outline of Financial Results for Ⅰ Three-Months ended June 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. 1st Quarter (1Q) represents three months period ended Jun
Slide 4: Summary of Financial Results <1>
Summary of Financial Results <1> <Points of Financial Results> (Consolidated) ■ Operating revenue: 800.3 billion yen Operating revenue decreased by 20.2 billion yen compared with 2024/1Q, mainly due to factors such as the impact of TOENEC CORPORATION becoming an affiliate rather than a subsidiary in
Slide 5: Summary of Financial Results <2>
Summary of Financial Results <2> <Factors contributing to change in consolidated operating revenue> (Operating revenue decreased by 20.2 billion yen) 10,000 1,000.0 (Billion yen) 9,000 900.0 The impact of TOENEC CORPORATION becoming an affiliate rather than a subsidiary in 2024/2Q Others 800.0 8,000
Slide 6: Summary of Financial Results <3>
Summary of Financial Results <3> <Factors contributing to change in consolidated ordinary profit> 200.0 2,000 (Ordinary profit decreased by 20.0 billion yen) (Billion yen) Miraiz (Excluding 150.0 JERA Time lag income time lag) Power Grid (Excluding 15.0 -17.5 time lag) 0 Others -11.5 (14.0 → 29.0) -
Slide 7: Summary of Financial Results by Segments <1>
Summary of Financial Results by Segments <1> (Billion yen, %) 2025/1Q 2024/1Q Change (A) (B) (A-B) (A-B)/B Miraiz 670.2 655.5 14.6 2.2 Operating Power Grid 202.8 195.0 7.7 4.0 revenue Other (*1) 156.1 214.8 (58.7) (27.3) Adjustment (228.8) (244.8) 15.9 (6.5) Total 800.3 820.5 (20.2) (2.5) Miraiz 51.
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 14.5 billion yen compared with 2024/1Q, mainly due to increased fixed power costs, the reaction to the previous year's abundant rainfall although there were cost re
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 was 4 billion yen, the same as 2024/1Q, mainly due to a decrease in supply and demand adjustment costs in spite of a decrease in transmission revenue by a decrease in energy d
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 0.4billion yen compared with 2024/1Q, mainly due to an increase of the time lag gain although there was a decrease in profits from overseas and renewable energy power g
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 2024/1Q ■ Renewable energy Same as 2024/1Q (TWh,%) 2025/1Q 2024/1Q Change (A) (B) (A-B) (A-B)/B Hydro 3.0 3.2 (0.2) (5.8) <flow rate> <103.8> <116.1> <(12.
Slide 12: [Reference] Image of Time Lag (Result)
[Reference] Image of Time Lag (Result) (Billion yen) ＜2024/1Q＞ ＜2025/1Q＞ Income Income 14.0 29.0 Elements of income 収益の諸元 (time lag from fuel 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 2024/7 2025/4 2025/7 2026/4 * The amount is the total of the time-lag inco
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 April 28, 2025. Consolidated operating revenue: 3,550.0 billion yen (forecast) Consolidated ordinary profit: 230.0 billion yen (forecast) ･ Operating revenue will decreas
Slide 14: Summary of Forecast for FY2025 <2>
Summary of Forecast for FY2025 <2> [Principal Figures] <Electrical Energy Sold by Miraiz> (TWh,%) Current April 28 Change (A) (B) (A-B) (A-B)/B Electrical Energy Sold 107.2 107.2 - - Electrical Energy Sold - - 118.3 118.3 including group companies(*) Competitive impacts in sales <approx. 1.0> [Refer
Slide 15: [Reference] Impact of US tariff policy
[Reference] Impact of US tariff policy <Impact of US tariff policy on electricity demand> As of 28 April 2025, we understood that the impact on electricity demand would be as shown in the reference below. However, industrial electricity demand in the Chubu area for the April to June 2025 period is p
Slide 16: 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 17: Consolidated Statements of Income
Consolidated Statements of Income (Billion yen,%) 2025/1Q 2024/1Q Change (A) (B) (A-B) (A-B)/B Operating revenue 800.3 820.5 (20.2) (2.5) Share of profit of entities accounted for using equity method 42.6 40.9 1.6 4.0 Other 2.7 5.7 (2.9) (52.0) Non-operating income 45.3 46.7 (1.3) (2.9) Ordinary rev
Slide 18: Consolidated Financial Standing
Consolidated Financial Standing (Billion yen) June. 30, 2025 Mar. 31, 2025 Change (A) (B) (A-B) Assets 7,120.0 7,124.8 (4.7) Liabilities 4,261.0 4,266.2 (5.2) Net assets 2,859.0 2,858.5 0.5 (Billion yen) June. 30, 2025 Mar. 31, 2025 Change (A) (B) (A-B) Shareholders’ equity ratio (%) 39.2 39.1 0.1 O
Slide 19: 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 April 28, 2025. [Ordinary Profit (Loss)] (Billion yen, %) FY2025 FY2024 Change (Forecast) (A) (Result) (B) (A-B) (A-B)/B Miraiz 95.0 117.0 (approx
Slide 20: 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.12 - Power Grid 2.5 approx.1 - JERA 3.3 approx.5 - Real Estate Business * ― approx.5 - ＲＯＥ 7.0 approx.6 approx.7 * The Real Estate
Slide 21: 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 22: 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 — Q1 FY2025 Earnings Presentation on 6ix