Kyushu Electric Power Posts Higher Profits in Q1 FY2025 Despite Flat Sales
Link: https://links.sgx.com/1.0.0/corporate-announcements/EXEVHC05IRW2QNU9/c4b7e0d4554cc6e85f11fa3a6c3d887878caaf5ca52919303b3ff5d917f9868b
Summary:
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Net sales for Q1 FY2025 were ¥498.3 billion, nearly flat year-on-year (down 0.6%).
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Operating profit surged 24.1% to ¥61.9 billion, with ordinary profit up 15.8% at ¥59.2 billion.
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Profit attributable to owners of parent increased 27.6% to ¥46.7 billion.
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Basic earnings per share rose to ¥95.85 (from ¥74.42 in Q1 FY2024).
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Comprehensive income for the quarter was ¥33.3 billion, lower than the prior year due to negative investment and currency effects.
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Company maintained a strong financial position: equity-to-asset ratio improved to 17.8%, and net assets rose to ¥1,049.5 billion.
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Dividend forecast for FY2026 maintained at ¥50 per share (no change from FY2025).
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Full-year FY2026 guidance: revenue of ¥2,250 billion (+4.5%), operating profit of ¥180 billion (+9.8%), and profit attributable to owners forecasted at ¥120 billion (+6.8%).
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The segment reorganization in April 2025 affected segmental reporting but does not impact consolidated results.