kabutan

Tokyo Electric Power, Apr-Dec (Cumulative 3Q) Net Income Turns to Loss, Oct-Dec Net Income Decreases by 7%

Thu Jan 29, 2026 5:00 pm JST Earnings

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

Earnings Report

Tokyo Electric Power Company Holdings, Incorporated <9501> [TSE Prime] announced its financial results after the market closed on January 29th (17:00). The consolidated net income/loss for the cumulative third quarter of the fiscal year ending March 2026 (April to December) turned into a loss of 662 billion yen (compared to a profit of 243 billion yen in the same period last year).

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income/loss for the January to March period (4Q) is expected to turn into a profit of 21.6 billion yen (compared to a loss of 81.8 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated net income decreased to 49.7 billion yen, a 7.2% decrease compared to the same period last year. The operating profit margin drastically worsened from 7.0% in the same period last year to 2.8%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2023 5,105,058 382,534 518,457 351,367 219.3 121.8 Jan 31, 2024 J-GAAP
Apr - Dec, 2024 4,963,319 311,065 348,724 243,159 151.8 137.1 Jan 30, 2025 J-GAAP
Apr - Dec, 2025 4,612,176 258,406 347,594 -662,652 -413.6 125.5 Jan 29, 2026 J-GAAP
YoY -7.1% -16.9% -0.3%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 3,455,434 35,440 3,748 -28,284 -17.7 0 Apr 30, 2025 J-GAAP
Oct - Mar, 2025 Guidance 3,311,726 10,946 -5,183 71,397 44.6 0 Jan 26, 2026 J-GAAP
YoY -4.2% -69.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 6,918,389 278,856 425,525 267,850 167.2 0 Apr 30, 2024 J-GAAP
Mar, 2025 6,810,391 234,452 254,443 161,278 100.7 0 Apr 30, 2025 J-GAAP
Mar, 2026 Guidance 6,462,000 228,000 277,000 -641,000 -400.1 0 Jan 26, 2026 J-GAAP
YoY -5.1% -2.8% +8.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 1,608,362 112,053 98,029 53,597 33.5 7.0 Jan 30, 2025 J-GAAP
Jan - Mar, 2025 1,847,072 -76,613 -94,281 -81,881 -51.1 -4.1 Apr 30, 2025 J-GAAP
Apr - Jun, 2025 1,425,123 64,699 101,275 -857,690 -535.4 4.5 Jul 31, 2025 J-GAAP
Jul - Sep, 2025 1,725,151 152,355 180,908 145,293 90.7 8.8 Oct 30, 2025 J-GAAP
Oct - Dec, 2025 1,461,902 41,352 65,411 49,745 31.1 2.8 Jan 29, 2026 J-GAAP
YoY -9.1% -63.1% -33.3% -7.2% -7.2%

Related Articles