Shikoku Electric Power Incorporated : Announcement of FY2025 1st Quarter Financial Results (Completion of interim review by the audit firm)

August 7, 2025

Company name : Shikoku Electric Power Company, Incorporated Code : 9507 (Prime Market of TSE)

Representative : Yoshihiro Miyamoto Director and President

Inquiries : Tsukasa Manabe Manager of the Consolidated Accounting Team, Accounting & Finance Dept. E-mail : [email protected]

Summary of Consolidated Financial Statements

for the First Quarter of Fiscal 2025 Ending March 31, 2026 [Japanese GAAP]

(Completion of interim review by the audit firm)

The Shikoku Electric Power Co., Inc. hereby announces that the interim review of the quarterly consolidated financial statements and other in the "Summary of Consolidated Financial Statements for the First Quarter of Fiscal 2025 Ending March 31, 2026," which was disclosed on July 31, 2025, has been completed by the audit firm.

There are no changes to the quarterly consolidated financial statements and other information disclosed on July 31, 2025.

Summary of Consolidated Financial Statements

for the First Quarter of Fiscal 2025 Ending March 31, 2026 [Japanese GAAP]

August 7, 2025

Company name: Shikoku Electric Power Company, Incorporated Listing: Prime Market of TSE

Securities code: 9507

URL: https://www.yonden.co.jp/

Representative: Yoshihiro Miyamoto Director and President

Inquiries: Tsukasa Manabe Manager of the Consolidated Accounting Team, Accounting & Finance Dept. E-mail: [email protected]

Scheduled date to commence dividend payments: -Preparation of supplementary material on financial results: Yes Holding of financial results briefing: No

(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated Financial Results for the First Quarter of Fiscal 2025 Ending March 31, 2026 (April 1, 2025 to June 30, 2025)

   1. Consolidated Operating Results (Percentages indicate year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Three months ended June 30, 2025 June 30, 2024	Millions of yen 175,644 186,854	% (6.0) 3.2	Millions of yen 22,642 30,762	% (26.4) 84.6	Millions of yen 22,656 31,764	% (28.7) 104.9	Millions of yen 15,285 24,028	% (36.4) 103.5

      (Note) Comprehensive income:	Three months ended June 30, 2025:	¥	8,668 million [	(71.0) %]
      	Three months ended June 30, 2024:	¥	29,860 million [	151.3%]

      	Basic earnings per share	Diluted earnings per share
      Three months ended	Yen	Yen
      June 30, 2025	74.32	-
      June 30, 2024	116.83	-

   2. Consolidated Financial Position

   	Total assets	Net assets	Capital adequacy ratio
   As of June 30, 2025 March 31, 2025	Millions of yen 1,644,030 1,687,484	Millions of yen 445,345 440,843	% 26.9 26.0

   (Reference) Equity: As of June 30, 2025:	¥	442,488 million
   As of March 31, 2025:	¥	438,017 million

2. Dividends

   	Annual dividends
   	1st quarter-end	2nd quarter-end	3rd quarter-end	Year-end	Total
   Fiscal year ended March 31, 2025 Fiscal year ending March 31, 2026	Yen - -	Yen 20.00	Yen -	Yen 20.00	Yen 40.00
   Fiscal year ending March 31, 2026 (Forecast)		25.00	-	25.00	50.00

   (Note) Revision to the forecast for dividends announced most recently: No

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2026(April 1, 2025 to March 31, 2026)

(Percentages indicate year-on-year changes.)

(Note) Revision to the financial results forecast announced most recently: No

* Notes:

1. Significant changes in the scope of consolidation during the period: No

2. Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: Yes

3. Changes in accounting policies, changes in accounting estimates, and restatement

   1. Changes in accounting policies due to revisions to accounting standards and other regulations: No

   2. Changes in accounting policies due to other reasons: No

   3. Changes in accounting estimates: No

   4. Restatement: No

4. Number of issued shares (common shares)

   1. Total number of issued shares at the end of the period (including treasury shares): June 30, 2025: 207,528,202 shares

      March 31, 2025: 207,528,202 shares

   2. Number of treasury shares at the end of the period:

      June 30, 2025: 1,853,197 shares

      March 31, 2025: 1,852,199 shares

   3. Average number of shares outstanding during the period:

Three months ended June 30, 2025: 205,675,524 shares

Three months ended June 30, 2024: 205,661,519 shares

(Note)

We have introduced the Board Benefit Trust, and the total number of treasury shares at the end of the period includes our shares held by the trust account relating to the Board Benefit Trust (204,434 shares (1Q Fiscal 2025), 204,434 shares (Fiscal 2024)). In addition, our shares held by the trust account are included in the total number of treasury shares which are deducted in the calculation of the average number of shares. (204,434 shares (1Q Fiscal 2025), 224,834 shares (1Q Fiscal 2024))

Quarterly Consolidated Financial Statements 1.Quarterly Consolidated Balance Sheet

(Millions of yen)

(Millions of yen)

As of March 31, 2025 As of June 30, 2025

Contribution payable for nuclear reactor decommissioning

114,471

114,471