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Tokyo Electric Power Company Holdings, Incorporated, First Half Ordinary Profit Decreases by 48%, July-September Ordinary Profit Decreases by 40%

Wed Oct 30, 2024 5:00 pm JST Earnings

9501 Tokyo Electric Power Company Holdings, Incorporated 【J-GAAP】

Earnings Report

Tokyo Electric Power Company Holdings, Incorporated <9501> [TSE-P] announced its financial results after the market closed on October 30th (17:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) dropped by 47.7% from the same period last year to 250 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit dropped to 148 billion yen, a 39.8% decrease compared to the same period last year. The operating profit margin significantly dropped from 10.7% in the same period last year to 7.3%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2022 3,687,884 -156,099 -281,642 -186,153 -116.2 Nov 1, 2022 J-GAAP
Apr - Sep, 2023 3,513,710 354,715 479,693 350,826 219.0 112.7 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 3,354,957 199,012 250,695 189,562 118.3 Oct 30, 2024 J-GAAP
YoY -4.5% -43.9% -47.7% -46.0% -46.0%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance 0 Apr 30, 2024 J-GAAP
Apr - Sep, 2024 Results 3,354,957 199,012 250,695 189,562 118.3 0 Oct 30, 2024 J-GAAP
Revision Rate

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 3,404,679 -75,859 -54,168 -82,976 -51.8 0 Apr 30, 2024 J-GAAP
Oct - Mar, 2024 Guidance 0 Apr 30, 2024 J-GAAP
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 8,112,225 -228,969 -285,393 -123,631 -77.2 0 Apr 28, 2023 J-GAAP
Mar, 2024 6,918,389 278,856 425,525 267,850 167.2 0 Apr 30, 2024 J-GAAP
Mar, 2025 Guidance 0 Apr 30, 2024 J-GAAP
YoY

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 1,898,554 203,578 246,527 214,540 133.9 10.7 Oct 31, 2023 J-GAAP
Oct - Dec, 2023 1,591,348 27,819 38,764 541 0.3 1.7 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 1,813,331 -103,678 -92,932 -83,517 -52.1 -5.7 Apr 30, 2024 J-GAAP
Apr - Jun, 2024 1,492,524 62,855 102,231 79,237 49.5 4.2 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 1,862,433 136,157 148,464 110,325 68.9 7.3 Oct 30, 2024 J-GAAP
YoY -1.9% -33.1% -39.8% -48.6% -48.6%

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