Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period)Operating revenue increased due to higher power prices following sharp increases in crude oil, natural gas and other prices amid heightened tensions surrounding Iran. In the renewable energy-related business, the Company transferred rights and other assets related to grid-scale battery storage facilities and recorded operating income of ¥664 million, but recorded a loss due in part to the impact of gains on hedges for electricity futures transactions having been recognised earlier, in the previous consolidated fiscal year.
| Item | Details |
|---|---|
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) |
| Previous-period results | Operating revenue: ¥10,785 million; operating loss: ¥190 million; ordinary loss: ¥262 million; interim net loss attributable to owners of the parent: ¥152 million |
| Reason for the revision | Operating revenue increased due to higher power prices following sharp increases in crude oil, natural gas and other prices amid heightened tensions surrounding Iran. In the renewable energy-related business, the Company transferred rights and other assets related to grid-scale battery storage facilities and recorded operating income of ¥664 million, but recorded a loss due in part to the impact of gains on hedges for electricity futures transactions having been recognised earlier, in the previous consolidated fiscal year. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Power prices surged against a backdrop of sharp increases in crude oil, natural gas and other prices amid heightened tensions surrounding Iran, resulting in higher operating revenue. On the earnings front, the renewable energy-related business recorded operating income of ¥664 million from the transfer of rights and other assets related to grid-scale battery storage facilities. However, the Company recorded an operating loss and an ordinary loss due in part to the impact of gains on hedges for electricity futures transactions having been recognised earlier, in the previous consolidated fiscal year.