Chubu Electric Power Company,incorporated · TSE:9502
Chubu Electric Power Company,incorporated — FY2024 Earnings Presentation
25 slides from Chubu Electric Power Company,incorporated's earnings presentation, Apr 28, 2025
Slide 1: Presentation Materials for Fiscal Year ended March 31, 2025
Presentation Materials for Fiscal Year ended March 31, 2025 April 28, 2025
Slide 2: INDEX
INDEX Ⅰ｜ Outline of Financial Results for Fiscal Year ended March 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 Forec
Slide 3: Outline of Financial Results for Fiscal Year ended March 31, 2025
Outline of Financial Results for Ⅰ Fiscal Year ended March 31, 2025 Note:The company’s fiscal year (FY) is from April 1 to March 31 of the following year. FY2024 represents the fiscal year begun on April 1, 2024, and ending on March 31, 2025. Monetary amounts are rounded down to the nearest whole nu
Slide 4: Summary of Financial Results <1>
Summary of Financial Results <1> <Points of Financial Results> (Consolidated) ■ Operating revenue: 3,669.2 billion yen Operating revenue increased by 58.8 billion yen compared with FY2023, mainly due to an increase in electricity sales and electricity sales to other companies although there was a de
Slide 5: Summary of Financial Results <2>
Summary of Financial Results <2> <Factors contributing to change in consolidated operating revenue> (Operating revenue increased by 58.8 billion yen) 3,800.0 38,000 (Billion yen) Others A decrease in fuel cost adjustment charge, etc.* 3,600.0 36,000 194.4 -135.6 34,000 3,400.0 3,669.2 3,610.4 3,200.
Slide 6: Summary of Financial Results <3>
Summary of Financial Results <3> <Factors contributing to change in consolidated ordinary profit> (Ordinary profit decreased by 232.8 billion yen) (Billion yen) 600.0 6,000 Time lag income 500.0 5,000 -126.0 Miraiz (138.0→12.0) (Excluding 400.0 4,000 time lag) -65.7 Power Grid JERA (Excluding time l
Slide 7: Summary of Financial Results by Segments <1>
Summary of Financial Results by Segments <1> [Operating revenue] (Billion yen, %) FY2024 FY2023 Change (A) (B) (A-B) (A-B)/B Miraiz 2,962.2 2,889.2 73.0 2.5 Power Grid 963.2 906.5 56.6 6.3 Other (*1) 785.9 902.8 (116.8) (12.9) Adjustment (1,042.1) (1,088.2) 46.0 (4.2) Total 3,669.2 3,610.4 58.8 1.6
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 86.7 billion yen compared with FY2023, mainly due to a decrease in cost reduction effects from restructuring the power procurement portfolio, etc. [Reference] Ordin
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 decreased by 48.0 billion yen compared with FY2023, mainly due to an increase in supply and demand adjustment costs in spite of an increase in transmission revenue by an incre
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 decreased by 111.5 billion yen compared with FY2023, mainly due to a decrease of the time lag gain. [Reference] Ordinary profit excluding time lag: Approx. 47.0 billion yen (decreas
Slide 11: Electrical Power Generation
Electrical Power Generation <Electrical Power Generation> (Chubu Electric Power) ■ Hydro Increased by 0.5 TWh since the flow rate was higher than FY2023 ■ Renewable energy Same as FY2023 (TWh,%) Change FY2024 FY2023 (A) (B) (A-B) (A-B)/B Hydro 9.3 8.7 0.5 6.1 <flow rate> <104.9> <100.9> <4.0> Nuclea
Slide 12: [Reference] Image of Time Lag (Result)
[Reference] Image of Time Lag (Result) (Billion yen) ＜FY2023＞ ＜FY2024＞ Income Income 138.0 12.0 Elements of income (time lag from fuel procurement) Elements of cost (fuel procurement) * The amount is the total of the time-lag income and loss incurred at JERA and Miraiz. 9 C o p y r i g h t © C h u b
Slide 13: Summary of Forecast for FY2025 <1>
Summary of Forecast for FY2025 <1> <Forecast> (Consolidated) Consolidated operating revenue: 3,550.0 billion yen Due to a decrease in fuel cost adjustment charge resulting from lower fuel prices and strong yen, operating revenue is expected to decrease by approximately 119.0 billion yen. Consolidate
Slide 14: Summary of Forecast for FY2025 <2>
Summary of Forecast for FY2025 <2> [Principal Figures] Competitive impacts in sales <approx. 1.0> <Electrical Energy Sold by Miraiz> Impacts of temperature and market etc. <(approx. 1.6)> (TWh,%) FY2025 FY2024 Change (Forecast) (A) (Result) (B) (A-B) (A-B)/B Electrical Energy Sold 107.2 107.9 (0.6)
Slide 15: Policy of Return to Shareholders and Dividends
Policy of Return to Shareholders and Dividends for the Fiscal Year under Review, and the Fiscal Year to Come <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
Slide 16: [Reference] Impact of US tariff policy
[Reference] Impact of US tariff policy <Impact of US tariff policy on electricity demand> Due to the US tariff policy, there are concerns that exports of automobiles and other products will decline in the future, and we believe that this is likely to have a certain impact on electricity demand in th
Slide 17: [Reference] Image of Time Lag (Forecast)
[Reference] Image of Time Lag (Forecast) ＜FY2024＞ ＜FY2025＞ Income Income 12.0 billion yen 20.0 billion yen Elements of income (time lag from fuel procurement) Elements of cost (fuel procurement) 14 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
Slide 18: 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 19: Consolidated Statements of Income
Consolidated Statements of Income (Billion yen,%) FY2024 FY2023 Change (A) (B) (A-B) (A-B)/B Operating revenue 3,669.2 3,610.4 58.8 1.6 Share of profit of entities accounted for using equity method 61.1 188.7 (127.6) (67.6) Other 17.1 10.7 6.4 60.1 Non-operating income 78.3 199.4 (121.1) (60.7) Ordi
Slide 20: Consolidated Financial Standing
Consolidated Financial Standing (Billion yen) Mar. 31, 2025 Mar. 31, 2024 Change (A) (B) (A-B) Assets 7,124.8 7,108.6 16.1 Liabilities 4,266.2 4,413.5 (147.2) Net assets 2,858.5 2,695.0 163.4 Shareholders’ equity ratio (%) 39.1 36.4 2.7 Outstanding interest-bearing debt 3,077.8 3,079.1 (1.2) 16 C o
Slide 21: Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows (Billion yen) FY2024 FY2023 Change (A) (B) (A-B) Cash flows from operating activities (a) 301.3 344.0 (42.7) Cash flows from investing activities (b) (391.7) (388.3) (3.4) Cash flows from financing activities (c) (27.6) 87.0 (114.7) Net increase and decrease in
Slide 22: Forecast for FY2025 by Segments
Forecast for FY2025 by Segments [Ordinary Profit (Loss)] (Billion yen, %) FY2025 FY2024 Change (Forecast) (A) (Result) (B) (A-B) (A-B)/B Miraiz 95.0 117.0 (approx. 22.0) (18.9) <Ordinary Profit <approx. 90.0> <approx. 125.0> <(approx. 35.0)> <(28.0)> excluding time lag> Power Grid 10.0 47.5 (approx.
Slide 23: 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 Estat
Slide 24: 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 25: 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 — FY2024 Earnings Presentation on 6ix