Results for this period
Third quarter1 July 2025 to 31 March 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Revenue increased due to the completion of facility renewal and new facility construction projects, increased electricity transmitted from power plants, higher roundwood production volumes, and expanded contracted electricity volumes in the power retail business. Operating income decreased due to higher power plant maintenance costs and ash disposal costs, increased personnel expenses, facility maintenance costs and depreciation in the forestry business, and higher costs resulting from rising electricity market prices. Ordinary income and net income increased due to a ¥2,455 million gain on the valuation of derivatives from electricity futures trading.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 July 2025 to 31 March 2026 |
| Net Sales | ¥14,659 million (YoY +13.4%) |
| Operating profit | ¥810 million (YoY -10.2%) |
| Ordinary income | ¥3,150 million (YoY +339.3%) |
| Profit attributable to owners of the parent | ¥2,206 million (YoY +311.2%) |
| Net income per share | ¥104.30 |
| Equity ratio | End of the current fiscal period 44.7 / End of previous period 41.9 |
| Total assets | ¥46,373 million |
| Net assets | ¥20,718 million |
| Full-year earnings forecast | Net Sales ¥19,500 million (YoY +10.8%) / Operating profit ¥1,400 million (YoY +6.0%) / Ordinary income ¥900 million (YoY -18.4%) / Net income ¥630 million (YoY -10.8%) |
| Revision to Earnings Forecast | No revision |
| Annual Dividend Forecast | ¥8 → ¥8（0.0%） |
| Segment revenue | Energy Conservation Support Services Business ¥897 million (YoY +547.0%), Green Energy Business ¥12,693 million (YoY +4.7%), Retail Electricity Business ¥4,296 million (YoY +78.0%) |
| Segment profit | Energy Conservation Support Services Business ¥34 million (YoY +85.1%), Green Energy Business ¥680 million (YoY -28.0%), Retail Electricity Business ¥171 million |
| Depreciation and amortization | ¥1,725 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Name of newly added company Not disclosed / Excluded Company Name Not disclosed |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 21,635,144 Shares |
| Treasury Shares at Period-End | 479,560 Shares |
| Factors Behind Changes in Business Performance | Revenue increased due to the completion of facility renewal and new facility construction projects, increased electricity transmitted from power plants, higher roundwood production volumes, and expanded contracted electricity volumes in the power retail business. Operating income decreased due to higher power plant maintenance costs and ash disposal costs, increased personnel expenses, facility maintenance costs and depreciation in the forestry business, and higher costs resulting from rising electricity market prices. Ordinary income and net income increased due to a ¥2,455 million gain on the valuation of derivatives from electricity futures trading. |
Items this document does not state (12)
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.The energy-saving support services business posted higher revenue and income following the completion of facility renewal and other construction projects. In the green energy business, electricity transmitted increased, while power plant maintenance costs, ash disposal costs, personnel expenses and depreciation also increased. The power retail business posted higher revenue following an expansion in contracted electricity volumes, but the increase in fixed-price contracts and rising market prices put pressure on operating income. In addition, gains on the valuation of derivatives were recorded as electricity futures prices rose.