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Revision of earnings forecasts9506Tohoku Electric Power Company,IncorporatedElectricity and gas

Review of Electricity Rates Following Changes to Wheeling Charges

Following changes in wheeling charges, Tohoku Electric Power will raise both basic charges and energy charges for all low-voltage, high-voltage and extra-high-voltage customers from 1 November 2026. The increase will be ¥485 per month for a typical household and approximately ¥17,000 per month for high-voltage commercial power.

Worth reading
51Recurring
Scored from 3 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
300
¥ million
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal 2026 · Fiscal 2026
Reason for the revision

General transmission and distribution utilities are changing wheeling charges through interim adjustments reflecting higher prices, labour costs and interest rates, among other factors, and the resulting changes will be passed through to electricity rates from 1 November 2026.

Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Fiscal Period CoveredFiscal 2026
Period CoveredFiscal 2026
Reason for the revisionGeneral transmission and distribution utilities are changing wheeling charges through interim adjustments reflecting higher prices, labour costs and interest rates, among other factors, and the resulting changes will be passed through to electricity rates from 1 November 2026.
Consolidated / non-consolidatedConsolidated
Items this document does not state (9)
Net SalesOperating profitOrdinary incomeProfit attributable to owners of the parentNet income per sharePublication date of previous forecastPrevious-period resultsDetails and amount of extraordinary lossDividend forecast revision

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.

General transmission and distribution utilities are making interim adjustments under the revenue cap system and will apply new wheeling charges from 1 November 2026, reflecting higher prices, labour costs and interest rates, among other factors. The company expects an improvement in its balance of approximately ¥30 billion in fiscal 2026, including the amount passed through to electricity rates and the impact of changes in wheeling charges for other retail and power generation operators.

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Review of Electricity Rates Following Changes to Wheeling Charges | Tohoku Electric Power Company,Incorporated (9506) timely disclosure | Komori