Performance for the
First Half of Fiscal Year
Ending March 2025
November 15, 2024
Kinden Corporation
Contents
1. | Summary of Financial Results | ||
(1) | Consolidated | P1 | |
(2) | Non-Consolidated | P2 | |
2. | Cash Flows (Consolidated) | P3 | |
3. | Capital Investment (Consolidated) | P3 | |
4. | Business Overview by Region (Domestic/Overseas) | P4 |
5. Business Overview (Non-Consolidated)
- Construction Orders
Construction Orders by Customer | P5 | |
Construction Orders by Operation | P5 | |
Renewal Construction (Excluding Power Distribution Lining) | P5 | |
Construction Orders by Region | P6 | |
Construction Orders by Operation | ||
(a) | Power Distribution Lining | P7 |
(b) | Electrical (By Facility) | P7 |
(c) | Electrical (By Customer's Industry) | P7 |
(d) | Information & Communications Network | P8 |
(e) | Environmental Management Facilities (By Facility) | P8 |
(f) | Electric Power & Others | P8 |
(2) Net Sales of Completed Construction Contracts | ||
Sales of Completed Construction Contracts by Customer | P9 | |
Sales of Completed Construction Contracts by Operation | P9 | |
Renewal Construction (Excluding Power Distribution Lining) | P9 | |
Sales of Completed Construction Contracts by Region | P10 |
- Sales of Completed Construction Contracts by Operation
(a) | Power Distribution Lining | P11 | |
(b) | Electrical (By Facility) | P11 | |
(c) | Electrical (By Customer's Industry) | P11 | |
(d) | Information & Communications Network | P12 | |
(e) | Environmental Management Facilities (By Facility) | P12 | |
(f) | Electric Power & Others | P12 | |
(3) | Contract Backlog by Operation at the End of Period | P13 | |
(4) | Renewable Energy-related Construction | P13 | |
(5) | Selling, General and Administrative Expenses | P14 | |
(6) | Number of Employees | P14 | |
6. Shareholders | |||
(1) | Number of Shareholders by Type | P15 | |
(2) | Major Shareholders | P15 | |
7. Shareholder Returns | |||
(1) | Dividends | P16 | |
(2) | Acquisition of Treasury Stock | P16 | |
8. ROE | P16 |
- The Company bases its forecasts on assumptions that are believed to be reasonable under information available at the time of the forecasts. Actual results may materially differ from these forecasts due to potential risks and uncertainties.
- Amounts less than one million were rounded down.
1. Summary of Financial Results
(1) Consolidated
(Millions of yen) | |||||||||
Full year | 1H results | Comparison to | |||||||
FY2025 1H (Forecast) | |||||||||
FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | Change | % | FY2025 1H | Difference | |
(Forecast) | 1H | 1H | Change | (Forecast) | |||||
Net sales of completed construction contracts | 609,132 | 654,516 | 660,000 | 270,670 | 298,040 | 27,369 | 10.1% | 287,000 | 11,040 |
Gross profit on completed construction contracts | 99,025 | 107,581 | 113,100 | 40,122 | 46,435 | 6,313 | 15.7% | ||
Gross profit margin | 16.3% | 16.4% | 17.1% | 14.8% | 15.6% | 0.8 | - | ||
Selling, general and administrative expenses | 61,595 | 64,903 | 66,100 | 30,986 | 33,559 | 2,572 | 8.3% | ||
Operating income | 37,430 | 42,677 | 47,000 | 9,135 | 12,876 | 3,741 | 41.0% | 9,400 | 3,476 |
Operating income margin | 6.1% | 6.5% | 7.1% | 3.4% | 4.3% | 0.9 | - | 3.3% | 1.0 |
Ordinary income | 40,243 | 45,982 | 49,000 | 10,964 | 14,316 | 3,352 | 30.6% | 11,000 | 3,316 |
Profit attributable to owners of parent | 28,722 | 33,553 | 36,100 | 7,497 | 9,815 | 2,318 | 30.9% | 7,500 | 2,315 |
Profit per share (yen) | 140.15 | 165.34 | 180.43 | 36.80 | 48.92 | 12.12 | 37.41 | ||
As of | As of | As of | As of | ||||||
Mar. 31, | Mar. 31, | Sep. 30, | Sep. 30, | ||||||
2023 | 2024 | 2023 | 2024 |
Total assets | 742,841 | 815,887 |
Total net assets | 532,713 | 574,053 |
Equity ratio | 71.6% | 70.3% |
Net assets per share (yen) | 2,598.73 | 2,848.11 |
Net Sales of Completed Construction Contracts
700,000
600,000
500,000
400,000 | |||||
609,132 | 654,516 | 660,000 | 270,670 | 298,040 | |
300,000 | |||||
200,000 | |||||
100,000 | |||||
0 | |||||
FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | |
(Millions of yen) | (Forecast) | 1H | 1H | ||
Ordinary Income | ||||||
60,000 | Ordinary margin | 8.0% | ||||
7.4% | ||||||
7.0% | ||||||
6.6% | 7.0% | |||||
50,000 | ||||||
6.0% | ||||||
40,000 | 4.8% | 5.0% | ||||
30,000 | 4.1% | 4.0% | ||||
45,982 | 49,000 | 3.0% | ||||
20,000 | 40,243 | |||||
14,316 | ||||||
10,964 | 2.0% | |||||
10,000 | 1.0% | |||||
0 | 0.0% | |||||
FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | ||
(Millions of yen) | (Forecast) | 1H | 1H | |||
726,945 | 769,943 | |||||
544,472 | 569,231 | |||||
74.8% | 73.8% | |||||
Operating Income | ||||||
60,000 | Operating income margin | 8.0% | ||||
7.1% | 7.0% | |||||
50,000 | 6.5% | |||||
6.1% | ||||||
6.0% | ||||||
40,000 | 5.0% | |||||
4.3% | ||||||
30,000 | 47,000 | 3.4% | 4.0% | |||
42,677 | ||||||
3.0% | ||||||
20,000 | 37,430 | |||||
12,876 | 2.0% | |||||
9,135 | ||||||
10,000 | ||||||
1.0% | ||||||
0 | 0.0% | |||||
FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | ||
(Millions of yen) | (Forecast) | 1H | 1H | |||
Profit Attributable to Owners of Parent | ||||||
60,000 | Net profit margin | 8.0% | ||||
50,000 | 7.0% | |||||
5.1% | 5.5% | 6.0% | ||||
40,000 | 4.7% | |||||
5.0% | ||||||
30,000 | 3.3% | 4.0% | ||||
2.8% | ||||||
3.0% | ||||||
20,000 | ||||||
33,553 | 36,100 | |||||
2.0% | ||||||
28,722 | ||||||
7,497 | 9,815 | |||||
10,000 | ||||||
1.0% | ||||||
0 | 0.0% | |||||
FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | ||
(Millions of yen) | (Forecast) | 1H | 1H | |||
1
1. Summary of Financial Results
(2) Non-Consolidated
(Millions of yen) | |||||||||
Full year | 1H results | Comparison to | |||||||
FY2025 1H (Forecast) | |||||||||
FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | Change | % | FY2025 1H | Difference | |
(Forecast) | 1H | 1H | Change | (Forecast) | |||||
Construction orders | 558,320 | 560,416 | 540,000 | 353,301 | 378,900 | 25,599 | 7.2% | ||
Net sales of completed construction contracts | 524,233 | 559,954 | 560,000 | 234,886 | 255,908 | 21,021 | 8.9% | 248,000 | 7,908 |
Gross profit on completed construction contracts | 82,785 | 87,662 | 94,000 | 33,767 | 40,225 | 6,457 | 19.1% | ||
Gross profit margin | 15.8% | 15.7% | 16.8% | 14.4% | 15.7% | 1.3 | - | ||
Selling, general and administrative expenses | 50,375 | 53,139 | 54,000 | 25,916 | 28,053 | 2,136 | 8.2% | ||
Operating income | 32,410 | 34,523 | 40,000 | 7,851 | 12,171 | 4,320 | 55.0% | 9,000 | 3,171 |
Operating income margin | 6.2% | 6.2% | 7.1% | 3.3% | 4.8% | 1.5 | - | 3.6% | 1.2 |
Ordinary income | 37,125 | 39,549 | 44,000 | 11,122 | 15,302 | 4,180 | 37.6% | 12,000 | 3,302 |
Profit | 27,672 | 29,778 | 33,100 | 8,153 | 11,234 | 3,080 | 37.8% | 8,600 | 2,634 |
Profit per share (yen) | 135.03 | 146.74 | 165.44 | 40.02 | 56.00 | 15.98 | 42.89 | ||
As of | As of | As of | As of | ||||||
Mar. 31, | Mar. 31, | Sep. 30, | Sep. 30, | ||||||
2023 | 2024 | 2023 | 2024 | ||||||
Total assets | 669,708 | 723,189 | 655,970 | 681,405 | |||||
Total net assets | 489,839 | 520,706 | 500,415 | 515,381 | |||||
Equity ratio | 73.1% | 72.0% | 76.3% | 75.6% | |||||
Net assets per share (yen) | 2,393.25 | 2,586.84 |
Construction Orders
600,000 | ||||||
500,000 | ||||||
378,900 | ||||||
400,000 | ||||||
353,301 | ||||||
300,000 | ||||||
558,320 | 560,416 | 540,000 | ||||
200,000 | ||||||
100,000 | ||||||
0 | ||||||
FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | ||
(Millions of yen) | (Forecast) | 1H | 1H | |||
Net Sales of Completed Construction Contracts
600,000
500,000 | |||||
400,000 | |||||
300,000 | |||||
559,954 | 560,000 | 255,908 | |||
524,233 | 234,886 | ||||
200,000 | |||||
100,000 | |||||
0 | |||||
FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | |
(Millions of yen) | (Forecast) | 1H | 1H | ||
Operating Income | Operating income margin | |||||
50,000 | 8.0% | |||||
7.1% | ||||||
6.2% | 6.2% | 7.0% | ||||
40,000 | ||||||
6.0% | ||||||
30,000 | 4.8% | 5.0% | ||||
40,000 | 3.3% | 4.0% | ||||
20,000 | 32,410 | 34,523 | 3.0% | |||
12,171 | 2.0% | |||||
10,000 | 7,851 | |||||
1.0% | ||||||
0 | 0.0% | |||||
FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | ||
(Millions of yen) | (Forecast) | 1H | 1H | |||
Profit | |||||
Net profit margin | |||||
50,000 | 8.0% | ||||
5.9% | 7.0% | ||||
40,000 | |||||
6.0% | |||||
5.3% | 5.3% | ||||
30,000 | 4.4% | 5.0% | |||
3.5% | 4.0% | ||||
20,000 | 3.0% | ||||
33,100 | |||||
27,672 | 29,778 | 11,234 | |||
2.0% | |||||
8,153 | |||||
10,000 | |||||
1.0% | |||||
0 | 0.0% | ||||
FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | |
(Millions of yen) | (Forecast) | 1H | 1H | ||
2
2. Cash Flows (Consolidated)
(Millions of yen) | ||||
Full year | 1H | |||
FY2023 | FY2024 | FY2024 1H | FY2025 1H | |
Profit before income taxes | 42,709 | 49,062 | 11,655 | 15,244 |
Depreciation | 6,804 | 6,732 | 3,325 | 3,371 |
Decrease (increase) in notes and accounts receivable-trade | (23,023) | (17,725) | 41,507 | 66,140 |
Decrease (increase) in costs on uncompleted construction contracts | 956 | 792 | (8,880) | (8,676) |
Increase (decrease) in notes and accounts payable-trade | 8,533 | 14,144 | (17,634) | (30,967) |
Increase (decrease) in advances received on uncompleted | 9,713 | 4,710 | 8,154 | 9,989 |
construction contracts | ||||
Other | (2,391) | (4,064) | (21,104) | (14,980) |
Income taxes paid | (13,149) | (15,130) | (11,965) | (13,639) |
Net cash provided by (used in) operating activities | 30,153 | 38,520 | 5,058 | 26,482 |
Purchase of property, plant and equipment | (28,710) | (27,522) | (3,065) | (4,849) |
Decrease (increase) in short-term and long-term investment securities | 1,923 | 6,710 | 3,344 | 9,009 |
Other | (606) | (1,368) | (348) | (1,042) |
Net cash provided by (used in) investing activities | (27,393) | (22,179) | (69) | 3,117 |
Purchase of treasury stock | (464) | (7,302) | (3,346) | (3,823) |
Cash dividends paid | (7,788) | (8,458) | (4,400) | (8,655) |
Other | (1,087) | (217) | (783) | (708) |
Net cash provided by (used in) financing activities | (9,340) | (15,978) | (8,531) | (13,187) |
Effect of exchange rate change on cash and cash equivalents | 1,556 | 678 | 1,139 | 1,211 |
Net increase (decrease) in cash and cash equivalents | (5,024) | 1,040 | (2,402) | 17,623 |
Cash and cash equivalents at the end of period | 179,477 | 180,517 | 177,074 | 198,141 |
40,000
30,000
20,000
10,000
0
(10,000)
(20,000)
(30,000)
38,520
30,153
26,482
5,058 | 3,117 | ||||||||||
(69) | |||||||||||
(9,340) | (8,531) | (13,187) | |||||||||
(15,978) | |||||||||||
(22,179) | |||||||||||
(27,393) | |||||||||||
Net cash | Net cash | Net cash | Net cash | Net cash | Net cash | Net cash | Net cash | Net cash | Net cash | Net cash | Net cash |
provided | used in | used in | provided | used in | used in | provided | used in | used in | provided | used in | used in |
by | investing | financing | by | investing | financing | by | investing | financing | by | investing | financing |
operating | activities | activities | operating | activities | activities | operating | activities | activities | operating | activities | activities |
activities | activities | activities | activities |
(Millions of yen) FY2023 | FY2024 | FY2024 1H | FY2025 1H |
3. Capital Investment (Consolidated)
(Millions of yen) | |||||||||
Full year | 1H | ||||||||
FY2023 | FY2024 | FY2024 1H | FY2025 1H | Increase | |||||
(Decrease) | |||||||||
Land | 10,280 | 34.9% | 9,700 | 37.4% | 0 | 0.0% | 0 | 0.0% | 0 |
Buildings and structures | 16,007 | 54.3% | 13,532 | 52.1% | 306 | 20.4% | 2,025 | 51.7% | 1,719 |
Vehicles | 2,339 | 7.9% | 1,863 | 7.2% | 755 | 50.4% | 1,288 | 32.9% | 532 |
Machinery, tools and fixtures | 853 | 2.9% | 857 | 3.3% | 438 | 29.2% | 605 | 15.4% | 167 |
Total | 29,480 | 100.0% | 25,953 | 100.0% | 1,500 | 100.0% | 3,920 | 100.0% | 2,420 |
Note: Lease assets are included.
3
4. Business Overview by Region (Domestic/Overseas)
(Millions of yen) | ||||||||
Company | Area | New orders | Net sales | |||||
Full year | 1H | Full year | 1H | |||||
FY2023 | FY2024 | FY2024 1H | FY2025 1H | FY2023 | FY2024 | FY2024 1H | FY2025 1H |
Domestic
Kinden Corporation
Domestic subsidiaries
Domestic subsidiaries related to Nishihara Engineering Company, Limited (2 companies) Domestic subsidiaries related to electrical business (5 companies)
Domestic subsidiaries related to wind power generation business (2 companies)
Other domestic subsidiaries (4 companies)
Domestic subsidiaries total (13 companies)
[Kinden + Domestic subsidiaries]
550,461 | 553,822 | 349,759 | 376,024 | 518,660 | 553,120 | 231,758 | 253,442 | |
34,041 | 39,726 | 17,776 | 21,379 | 36,862 | 32,586 | 9,601 | 13,045 | |
10,112 | 11,596 | 5,955 | 5,638 | 9,729 | 10,510 | 3,426 | 4,013 | |
2,337 | 2,995 | 1,507 | 1,108 | 2,337 | 2,995 | 1,507 | 1,108 | |
17,529 | 14,981 | 7,613 | 9,114 | 15,901 | 17,381 | 7,970 | 6,899 | |
64,021 | 69,300 | 32,852 | 37,240 | 64,830 | 63,473 | 22,507 | 25,067 | |
614,482 | 623,122 | 382,611 | 413,265 | 583,490 | 616,593 | 254,265 | 278,509 | |
Domestic | 91.4% | 91.0% | 92.9% | 91.9% | 93.4% | 92.1% | 91.9% | 91.5% |
ratio | ||||||||
Overseas
Kinden Corporation | Asia | 2,492 | 2,634 | 964 | 1,918 | 2,286 | 2,510 | 1,187 | 816 |
Guam | 5,322 | 3,960 | 2,578 | 957 | 3,285 | 4,323 | 1,941 | 1,648 | |
Other | 43 | 0 | 0 | - | - | - | - | - | |
areas | |||||||||
Kinden (Overseas) total | 7,858 | 6,594 | 3,542 | 2,875 | 5,572 | 6,834 | 3,128 | 2,465 | |
Overseas subsidiaries | |||||||||
(6 companies) | Asia | 31,966 | 37,981 | 19,752 | 21,521 | 22,667 | 32,124 | 12,951 | 15,247 |
(2 companies) | Hawaii | 18,106 | 16,947 | 5,883 | 12,237 | 12,747 | 13,634 | 6,321 | 8,198 |
(8 companies) | 50,073 | 54,929 | 25,635 | 33,759 | 35,415 | 45,758 | 19,273 | 23,446 | |
Overseas Total | Asia | 34,459 | 40,616 | 20,716 | 23,439 | 24,954 | 34,634 | 14,139 | 16,064 |
[Kinden (Overseas) + Overseas subsidiaries] | |||||||||
Hawaii and | |||||||||
23,429 | 20,907 | 8,461 | 13,195 | 16,033 | 17,958 | 8,262 | 9,847 | ||
Guam | |||||||||
Other | 43 | 0 | 0 | - | - | - | - | - | |
areas | |||||||||
Total | 57,932 | 61,523 | 29,178 | 36,635 | 40,987 | 52,592 | 22,401 | 25,912 | |
Overseas | 8.6% | 9.0% | 7.1% | 8.1% | 6.6% | 7.9% | 8.1% | 8.5% | |
ratio | |||||||||
(Before adjustment for inter-group transactions) | 672,415 | 684,646 | 411,790 | 449,900 | 624,478 | 669,186 | 276,666 | 304,422 | |
Overseas (New Orders by Region)
70,000 | Asia | ||||||
57,932 | 61,523 | ||||||
60,000 | |||||||
50,000 | Hawaii and | ||||||
36,635 | |||||||
40,000 | Asia | 29,178 | Guam | ||||
30,000 | Other areas | ||||||
Asia | |||||||
20,000 | |||||||
Hawaii and | |||||||
10,000 | Hawaii and | ||||||
Guam | |||||||
Guam | |||||||
0 | |||||||
FY2023 | FY2024 | FY2024 | FY2025 | ||||
(Millions of yen) | 1H | 1H |
Overseas (Net Sales by Region)
70,000 | Asia | ||||||
60,000 | |||||||
52,592 | |||||||
50,000 | Hawaii and | ||||||
40,987 | |||||||
40,000 | Guam | ||||||
Asia | 25,912 | Other areas | |||||
30,000 | |||||||
22,401 | |||||||
20,000 | |||||||
Hawaii and | Asia | ||||||
10,000 | |||||||
Guam | Hawaii and | ||||||
0 | Guam | ||||||
FY2023 | FY2024 | FY2024 | FY2025 | ||||
(Millions of yen) | 1H | 1H |
Notes:
-
Domestic subsidiaries related to Nishihara Engineering Company, Limited (Nishihara Engineering Co., Ltd., Nishihara Construction Co., Ltd.) Domestic subsidiaries related to electrical business (Kinden Tokyo Service Company, Incorporated, Kinden Chubu Service Company, Incorporated, Kinden Kansai Service Company, Incorporated, Kinden Nishinihon Service Company, Incorporated, Daito Denki Kouji Co., Ltd.)
Domestic subsidiaries related to wind power generation business (Shirama Wind Farm Co., Ltd., Shiratakiyama Wind Farm Co., Ltd.)
Other domestic subsidiaries (Kinden Services Company, Incorporated, Kinden Shoji Company, Limited, KINDENSPINET CORPORATION, FEN Co., Ltd.) - Overseas subsidiaries:
Asia (Kinden Vietnam Co., Ltd., Kinden (Thailand) Co., Ltd., P.T. Kinden Indonesia, Kinden Phils Corporation, Antelec Private Ltd., International Electro-Mechanical Services Co. (L.L.C.))
Hawaii (US Kinden Corporation, Wasa Electrical Services, Inc.)
4
5. Business Overview (Non-Consolidated)
(1) Construction Orders
(Millions of yen) | |||||||
Full year | 1H | ||||||
FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | Change % Change |
(Forecast) | 1H | 1H | |||||
- Construction Orders by Customer
The Kansai Electric Power Company, | 70,256 | 74,405 | 82,079 | 84,416 | 74,000 | 39,460 | 42,970 | 3,509 | 8.9% |
Incorporated* | |||||||||
The Kansai Electric Power Group | 18,760 | 22,534 | 18,009 | 16,226 | 15,000 | 8,615 | 8,238 | (376) | (4.4)% |
Others | 418,204 | 429,058 | 458,231 | 459,773 | 451,000 | 305,225 | 327,691 | 22,466 | 7.4% |
[Public offices (Reissued)] | [13,478] | [15,557] | [16,067] | [12,294] | [6,870] | [9,027] | [2,157] | 31.4% | |
Total | 507,222 | 525,998 | 558,320 | 560,416 | 540,000 | 353,301 | 378,900 | 25,599 | 7.2% |
- Includes Kansai Transmission and Distribution, Inc. from FY2021
- Construction Orders by Operation
Power Distribution Lining | 63,313 | 68,019 | 73,485 | 72,957 | 72,000 | 36,750 | 39,805 | 3,054 | 8.3% |
Electrical | 320,043 | 326,958 | 364,940 | 368,922 | 353,000 | 243,741 | 263,929 | 20,188 | 8.3% |
Information & Communications Network | 56,164 | 60,710 | 55,747 | 44,715 | 40,000 | 22,839 | 24,324 | 1,484 | 6.5% |
Environmental Management Facilities | 38,018 | 43,965 | 47,843 | 52,097 | 50,000 | 39,473 | 32,171 | (7,301) | (18.5)% |
Electric Power & Others | 29,683 | 26,344 | 16,304 | 21,723 | 25,000 | 10,496 | 18,669 | 8,172 | 77.9% |
Total | 507,222 | 525,998 | 558,320 | 560,416 | 540,000 | 353,301 | 378,900 | 25,599 | 7.2% |
- Renewal Construction (Excluding Power Distribution Lining)
Electrical | 138,017 | 142,849 | 146,684 | 153,994 | 93,043 | 108,704 | 15,661 | 16.8% | |
Information & Communications Network | 22,853 | 23,839 | 22,109 | 15,960 | 8,758 | 11,491 | 2,733 | 31.2% | |
Environmental Management Facilities | 9,941 | 7,637 | 9,506 | 10,618 | 6,054 | 5,076 | (977) | (16.1)% | |
Electric Power & Others | 7,491 | 5,776 | 8,426 | 11,066 | 2,256 | 2,940 | 683 | 30.3% | |
Total | 178,303 | 180,102 | 186,727 | 191,640 | 180,000 | 110,112 | 128,213 | 18,100 | 16.4% |
Construction Orders by Customer
500,000 | FY2021 | |||||
400,000 | FY2022 | |||||
FY2023 | ||||||
300,000 | FY2024 | |||||
200,000 | FY2025 | |||||
(Forecast) | ||||||
100,000 | FY2024 1H | |||||
FY2025 1H | ||||||
0 | ||||||
The Kansai Electric Power Company, | The Kansai Electric Power Group | Others | ||||
Incorporated* | ||||||
(Millions of yen) |
Construction Orders by Operation | ||
400,000 | FY2021 | |
FY2022 | ||
300,000 | FY2023 | |
200,000 | FY2024 | |
FY2025 | ||
(Forecast) | ||
100,000 | FY2024 1H | |
FY2025 1H |
0 | |||||
Power Distribution Lining | Electrical | Information & | Environmental | Electric Power & Others | |
Communications | Management Facilities | ||||
(Millions of yen) | Network |
5
5. Business Overview (Non-Consolidated)
- Construction Orders by Region
(Millions of yen)
Full year | 1H |
FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | Change | % Change | ||||||
(Forecast) | 1H | 1H | ||||||||||||
Excluding Power Distribution Lining | ||||||||||||||
Hokkaido and Tohoku | 24,901 | 25,064 | 29,728 | 26,790 | 17,809 | 18,219 | 409 | 2.3% | ||||||
Kanto and Tokyo metropolitan area | 139,285 | 141,598 | 145,758 | 142,061 | 91,047 | 91,728 | 681 | 0.7% | ||||||
Chubu | 46,870 | 46,860 | 48,783 | 57,885 | 31,067 | 32,761 | 1,693 | 5.5% | ||||||
Kinki | 177,005 | 185,553 | 201,868 | 202,635 | 140,718 | 153,686 | 12,968 | 9.2% | ||||||
Chugoku, Shikoku and Kyushu | 47,788 | 51,257 | 50,838 | 51,491 | 32,365 | 39,823 | 7,457 | 23.0% | ||||||
Overseas | 8,058 | 7,644 | 7,858 | 6,594 | 3,542 | 2,875 | (666) | (18.8)% | ||||||
Power Distribution Lining | 63,313 | 68,019 | 73,485 | 72,957 | 36,750 | 39,805 | 3,054 | 8.3% | ||||||
Total | 507,222 | 525,998 | 558,320 | 560,416 | 540,000 | 353,301 | 378,900 | 25,599 | 7.2% | |||||
250,000 | ||||||||||||||
200,000 | FY2021 | |||||||||||||
150,000 | FY2022 | |||||||||||||
FY2023 | ||||||||||||||
FY2024 | ||||||||||||||
100,000 | FY2024 1H | |||||||||||||
FY2025 1H | ||||||||||||||
50,000 | ||||||||||||||
0 | ||||||||||||||
Hokkaido and | Kanto and Tokyo | Chubu | Kinki | Chugoku, Shikoku | Overseas | Power Distribution | ||||||||
Tohoku | metropolitan area | and Kyushu | Lining | |||||||||||
(Millions of yen) | (Excluding Power Distribution Lining) | |||||||||||||
6
5. Business Overview (Non-Consolidated)
- Construction Orders by Operation
(a) Power Distribution Lining | (Millions of yen) | ||||||||
Full year | 1H | ||||||||
FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | Change | % Change | |
(Forecast) | 1H | 1H | |||||||
The Kansai Electric Power Company, | 60,912 | 65,453 | 69,711 | 69,787 | 69,000 | 35,410 | 37,399 | 1,988 | 5.6% |
Incorporated | |||||||||
Other Power Distribution Lining | 2,400 | 2,565 | 3,773 | 3,170 | 3,000 | 1,340 | 2,406 | 1,065 | 79.5% |
Total | 63,313 | 68,019 | 73,485 | 72,957 | 72,000 | 36,750 | 39,805 | 3,054 | 8.3% |
Note:
"Other Power Distribution Lining" includes C.C.Box and Information Box, power distribution-related construction of The Kansai Electric Power Company, Incorporated, electric water heater installation, NTT telegraph pole installation, and others.
(b) Electrical (By Facility) | (Millions of yen) | ||||||||||||||||
Full year | 1H | ||||||||||||||||
FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | Change | % Change | |||||||||
(Forecast) | 1H | 1H | |||||||||||||||
Office buildings | 120,253 | 128,559 | 160,064 | 146,445 | 98,180 | 94,580 | (3,599) | (3.7)% | |||||||||
Commercial and entertainment facilities | 42,121 | 35,050 | 37,565 | 36,543 | 21,777 | 17,202 | (4,575) | (21.0)% | |||||||||
Healthcare facilities | 10,241 | 16,951 | 11,164 | 23,181 | 21,082 | 11,464 | (9,618) | (45.6)% | |||||||||
Educational and cultural facilities | 17,084 | 21,554 | 23,385 | 19,669 | 14,507 | 27,377 | 12,870 | 88.7% | |||||||||
Residences | 3,744 | 2,422 | 1,812 | 2,550 | 1,560 | 1,198 | (362) | (23.2)% | |||||||||
Factories | 64,818 | 65,803 | 81,376 | 87,008 | 50,002 | 69,775 | 19,773 | 39.5% | |||||||||
Logistics facilities | 42,099 | 32,061 | 29,008 | 26,533 | 20,358 | 25,155 | 4,797 | 23.6% | |||||||||
Others | 12,967 | 16,737 | 11,010 | 17,634 | 11,382 | 9,979 | (1,402) | (12.3)% | |||||||||
Interior constructions | 6,710 | 7,819 | 9,550 | 9,355 | 4,889 | 7,194 | 2,305 | 47.2% | |||||||||
Total | 320,043 | 326,958 | 364,940 | 368,922 | 353,000 | 243,741 | 263,929 | 20,188 | 8.3% | ||||||||
180,000 | |||||||||||||||||
160,000 | FY2021 | ||||||||||||||||
140,000 | |||||||||||||||||
FY2022 | |||||||||||||||||
120,000 | |||||||||||||||||
100,000 | FY2023 | ||||||||||||||||
80,000 | FY2024 | ||||||||||||||||
60,000 | |||||||||||||||||
40,000 | FY2024 1H | ||||||||||||||||
20,000 | FY2025 1H | ||||||||||||||||
0 | |||||||||||||||||
Office buildings | Commercial and | Healthcare | Educational and | Residences | Factories | Logistics facilities | Others | Interior | |||||||||
entertainment | facilities | cultural facilities | constructions | ||||||||||||||
(Millions of yen) | facilities | ||||||||||||||||
(c) Electrical (By Customer's Industry) | (Millions of yen) | ||||||||||||||||
Full year | 1H | ||||||||||||||||
FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | Change | % Change | |||||||||
(Forecast) | 1H | 1H | |||||||||||||||
Manufacturing | 77,056 | 81,057 | 102,803 | 113,747 | 68,399 | 89,689 | 21,290 | 31.1% | |||||||||
Transport machines and equipment | 10,777 | 10,680 | 16,671 | 20,608 | 9,924 | 14,643 | 4,719 | 47.6% | |||||||||
Electrical / precision machinery and | 16,494 | 14,172 | 23,145 | 20,577 | 13,590 | 20,342 | 6,751 | 49.7% | |||||||||
instruments | |||||||||||||||||
Food | 8,542 | 8,030 | 6,271 | 11,571 | 5,985 | 7,883 | 1,898 | 31.7% | |||||||||
Chemical | 8,755 | 9,265 | 8,470 | 10,211 | 6,021 | 7,560 | 1,538 | 25.6% | |||||||||
Pharmaceutical | 6,210 | 6,999 | 10,527 | 7,900 | 3,021 | 14,436 | 11,415 | 377.8% | |||||||||
Other manufacturing | 26,277 | 31,909 | 37,715 | 42,878 | 29,855 | 24,823 | (5,032) | (16.9)% | |||||||||
Service | 52,323 | 47,099 | 57,688 | 58,695 | 44,926 | 46,807 | 1,881 | 4.2% | |||||||||
Real estate | 60,572 | 44,447 | 57,833 | 41,696 | 25,579 | 38,255 | 12,675 | 49.6% | |||||||||
Transportation and communication | 27,397 | 54,494 | 38,831 | 35,958 | 24,562 | 26,481 | 1,918 | 7.8% | |||||||||
Commerce | 15,905 | 17,882 | 18,495 | 15,293 | 10,390 | 9,840 | (550) | (5.3)% | |||||||||
Others | 86,787 | 81,976 | 89,288 | 103,531 | 69,882 | 52,855 | (17,027) | (24.4)% | |||||||||
Total | 320,043 | 326,958 | 364,940 | 368,922 | 353,000 | 243,741 | 263,929 | 20,188 | 8.3% | ||||||||
120,000 | FY2021 | ||||||||||||||||
100,000 | |||||||||||||||||
FY2022 | |||||||||||||||||
80,000 | |||||||||||||||||
FY2023 | |||||||||||||||||
60,000 | |||||||||||||||||
FY2024 | |||||||||||||||||
40,000 | FY2024 1H | ||||||||||||||||
20,000 | FY2025 1H | ||||||||||||||||
0 | |||||||||||||||||
Manufacturing | Service | Real estate | Transportation and | Commerce | Others | ||||||||||||
(Millions of yen) | communication |
7
5. Business Overview (Non-Consolidated)
(d) Information & Communications Network | (Millions of yen) | ||||||||||||||
Full year | 1H | ||||||||||||||
FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | Change | % Change | |||||||
(Forecast) | 1H | 1H | |||||||||||||
Instrumentation | 4,150 | 4,125 | 7,043 | 4,867 | 4,500 | 2,056 | 4,115 | 2,058 | 100.1% | ||||||
LAN and others | 7,129 | 6,573 | 7,777 | 5,954 | 6,000 | 3,752 | 5,516 | 1,763 | 47.0% | ||||||
Local area network total | 11,280 | 10,699 | 14,821 | 10,821 | 10,500 | 5,809 | 9,632 | 3,822 | 65.8% | ||||||
Business communication networks by The | |||||||||||||||
Kansai Electric Power Company, | 1,539 | 1,691 | 1,985 | 1,621 | 1,500 | 851 | 747 | (103) | (12.2)% | ||||||
Incorporated | |||||||||||||||
Excluding The Kansai Electric Power Company, Incorporated | |||||||||||||||
FTTH and others | 15,261 | 15,132 | 13,969 | 13,334 | 12,700 | 6,650 | 6,539 | (111) | (1.7)% | ||||||
Mobile phone and others | 17,029 | 18,337 | 16,561 | 14,485 | 6,000 | 7,048 | 4,698 | (2,349) | (33.3)% | ||||||
CATV | 7,383 | 11,690 | 3,929 | 3,129 | 2,500 | 1,654 | 1,456 | (197) | (11.9)% | ||||||
Others | 3,670 | 3,158 | 4,480 | 1,321 | 6,800 | 825 | 1,250 | 424 | 51.5% | ||||||
Broadband network total | 44,884 | 50,010 | 40,926 | 33,893 | 29,500 | 17,029 | 14,692 | (2,337) | (13.7)% | ||||||
Total | 56,164 | 60,710 | 55,747 | 44,715 | 40,000 | 22,839 | 24,324 | 1,484 | 6.5% | ||||||
20,000 | FY2021 | ||||||||||||||
15,000 | |||||||||||||||
FY2022 | |||||||||||||||
10,000 | |||||||||||||||
FY2023 | |||||||||||||||
5,000 | |||||||||||||||
0 | FY2024 | ||||||||||||||
Instrumentation | LAN and others | Business communication | FTTH and others | Mobile phone and others | CATV | Others | |||||||||
FY2024 1H | |||||||||||||||
networks by The Kansai | |||||||||||||||
FY2025 1H | |||||||||||||||
(Millions of yen) | Electric Power Company, | ||||||||||||||
Incorporated | |||||||||||||||
(e) Environmental Management Facilities (By Facility) | (Millions of yen) | ||||||||||||||
Full year | 1H | ||||||||||||||
FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | Change | % Change | |||||||
(Forecast) | 1H | 1H | |||||||||||||
Office buildings | 6,963 | 6,808 | 6,660 | 12,552 | 10,432 | 2,990 | (7,442) | (71.3)% | |||||||
Commercial and entertainment facilities | 8,849 | 14,112 | 13,971 | 7,925 | 6,507 | 5,667 | (839) | (12.9)% | |||||||
Healthcare facilities | 3,185 | 2,491 | 2,547 | 2,153 | 1,994 | 6,052 | 4,058 | 203.5% | |||||||
Educational and cultural facilities | 5,676 | 2,531 | 8,156 | 5,577 | 5,190 | 2,976 | (2,214) | (42.7)% | |||||||
Residences | 1,430 | 548 | 1,987 | 731 | 607 | 61 | (545) | (89.8)% | |||||||
Factories | 5,104 | 5,499 | 6,247 | 7,885 | 6,001 | 10,711 | 4,709 | 78.5% | |||||||
Logistics facilities | 5,703 | 9,959 | 7,647 | 10,892 | 7,159 | 3,287 | (3,871) | (54.1)% | |||||||
Others | 1,105 | 2,014 | 626 | 4,379 | 1,579 | 423 | (1,156) | (73.2)% | |||||||
Total | 38,018 | 43,965 | 47,843 | 52,097 | 50,000 | 39,473 | 32,171 | (7,301) | (18.5)% | ||||||
15,000 | FY2021 | ||||||||||||||
10,000 | FY2022 | ||||||||||||||
5,000 | FY2023 | ||||||||||||||
0 | FY2024 | ||||||||||||||
Office buildings | Commercial and Healthcare facilities | Educational and | Residences | Factories | Logistics facilities | Others | FY2024 1H | ||||||||
(Millions of yen) | entertainment | cultural facilities | FY2025 1H | ||||||||||||
facilities | |||||||||||||||
(f) Electric Power & Others | (Millions of yen) | ||||||||||||||
Full year | 1H | ||||||||||||||
FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2024 | FY2025 | Change | % Change | |||||||
(Forecast) | 1H | 1H | |||||||||||||
Overhead power lining | 4,537 | 2,354 | 5,534 | 7,920 | 2,000 | 599 | 1,510 | 910 | 152.0% | ||||||
Underground power lining | 2,701 | 2,226 | 2,636 | 3,480 | 500 | 1,653 | 1,328 | (325) | (19.7)% | ||||||
Power plants and substations* | 21,914 | 21,233 | 7,406 | 9,478 | 21,500 | 7,825 | 14,420 | 6,594 | 84.3% | ||||||
Others | 530 | 529 | 726 | 844 | 1,000 | 417 | 1,409 | 992 | 237.7% | ||||||
Total | 29,683 | 26,344 | 16,304 | 21,723 | 25,000 | 10,496 | 18,669 | 8,172 | 77.9% | ||||||
* Includes solar and wind power plants, etc. | |||||||||||||||
The Kansai Electric Power Company, | 7,327 | 6,150 | 9,266 | 12,224 | 3,500 | 2,791 | 3,496 | 705 | 25.3% | ||||||
Incorporated* | |||||||||||||||
Others | 22,355 | 20,193 | 7,037 | 9,498 | 21,500 | 7,705 | 15,172 | 7,467 | 96.9% | ||||||
* Includes Kansai Transmission and Distribution, Inc. from FY2021 |
8,000 | FY2021 | |||||
7,000 | ||||||
6,000 | FY2022 | |||||
5,000 | ||||||
4,000 | FY2023 | |||||
3,000 | FY2024 | |||||
2,000 | ||||||
1,000 | FY2024 1H | |||||
0 | ||||||
Overhead power lining | Underground power lining | Others | FY2025 1H | |||
(Millions of yen) |
30,000 | FY2021 | ||||
20,000 | FY2022 | ||||
10,000 | FY2023 | ||||
0 | FY2024 | ||||
Power plants and substations | FY2024 1H | ||||
(including solar and wind power plants, | FY2025 1H | ||||
(Millions of yen) | etc.) |
8