The information shown below is an English translation of the "Dai-ichi-shihanki Kessan Tanshin", the Consolidated Financial Report of the three months period ended June 30, 2023

* The "Dai-ichi-shihanki Kessan Tanshin" in Japanese is the official document. This English translation is prepared for convenience .

Consolidated Financial Report [Japanese Standard]

(Financial Report of the three months period ended June 30, 2023)

July 28, 2023

Stock Exchange Listed : Tokyo

Name of Listed Company : THE CHUGOKU ELECTRIC POWER CO., INC.

Code

: 9504

( URL : https://www.energia.co.jp/ )

Representative

:Nakagawa Kengo, Representative Director President & Chief Executive Officer

Contact

: Oka Kunimitsu, Manager, Accounting Section, Corporate Finance and Procurement Division

TEL

: +81-82-241-0211

Scheduled submission date of quarterly financial report (Only in Japanese)

: August 2, 2023

Date to start dividend payments (Scheduled)

: -

Supporting document of FY2024 first-quarter financial results

: Yes

Investors meeting for FY2024 first-quarter financial results

: None

(Figures are rounded down to the million)

1. Consolidated financial results for the three months period ended June 30, 2023 (April 1, 2023 - June 30, 2023)

(1) Consolidated operating results

(% : the rate of change in comparison with the same period of the previous year)

Operating revenues

Operating income

Ordinary income

Profit attributable to

owners of the parent

million yen

%

million yen

%

million yen

%

million yen

%

1st period ended June 30, 2023

401,078

27.4

88,245

-

82,616

-

62,637

-

1st period ended June 30, 2022

314,753

43.0

-29,193

-

-31,321

-

-26,759

-

(Note) Comprehensive income :

1st period ended June 30, 2023

62,846 million yen ( - %)

1st period ended June 30, 2022

-17,909 million yen ( - %)

Earnings per

Diluted

earnings per

share

share

yen

yen

1st period ended June 30, 2023

173.87

-

1st period ended June 30, 2022

-74.28

-

(2) Consolidated financial standing

Total assets

Net assets

Shareholders' equity ratio

million yen

million yen

%

1st period ended June 30, 2023

4,146,375

518,630

12.3

Year ended March 31, 2023

4,040,048

455,483

11.1

(Reference) Shareholders' equity :

1st period ended June 30, 2023

510,384 million yen

Year ended March 31, 2023

447,487 million yen

2. Dividends

Dividends per share

1st period

2nd period

3rd period

End of year

Total

yen

yen

yen

yen

yen

Year ended March 31, 2023

-

0.00

-

0.00

0.00

Year ended March 31, 2024

-

Year ending March 31, 2024 (Forecasts)

5.00

-

5.00

10.00

(Note) Revisions to forecasts of dividends at the end of this period : None

3. Forecasts of consolidated financial results for FY2024 (April 1, 2023 - March 31, 2024)

(% : the rate of change in comparison with the same period of the previous year)

Operating revenues

Operating income

Ordinary income

Profit attributable to

Earnings per

owners of the parent

share

million yen

%

million yen

%

million yen

%

million yen

%

yen

Fiscal 2024

1,759,000

3.8

107,000

-

100,000

-

70,000

-

194.30

(Note1) Revisions to forecasts of financial results at the end of this period : Yes

(Note2) For details, please refer to the "Notice Regarding Revisions to Forecasts of Financial Results" released on July 28, 2023.

  • Notes
    1. Changes in range of consolidated subsidiaries : None
    2. Adoption of simple ways in accounting procedure or specific ways of preparing the quarterly financial statements : Yes (Note) Calculation of Tax Expenses
      Estimated rate is applied to profit before income taxes for the quarterly period to calculate estimated tax expenses.

(2)

Changes in accounting principles, changes in accounting estimates and restatements

① Changes associated with the revision of accounting standards

: None

② Changes other than the above

: None

③ Changes in accounting estimates

: None

④ Restatements

: None

(3)

Number of shares issued (Common shares)

① Number of shares issued (including treasury shares)

End of June, 2023

387,154,692

End of March, 2023

387,154,692

② Number of treasury shares

End of June, 2023

26,906,283

End of March, 2023

26,904,338

③ Average number of shares outstanding

End of June, 2023

360,249,194

End of June, 2022

360,258,220

  • This financial report is not under coverage of audit by certified public accountants or audit corporations.
  • Explanation concerning appropriate use of forecasts, other special notes

All non-empirical information above is projected based on facts available to company management at the time of the release of this document. A number of factors may cause actual performance to differ from projections.

Supporting document of FY2024 first-quarter financial results has been updated on our web site on the same day. ( https://www.energia.co.jp/e/ir/info/financial_rep.html )

(Reference) Forecasts of non-consolidated financial results for FY2024 (April 1, 2023 - March 31, 2024)

(% : the rate of change in comparison with the same period of the previous year)

Operating revenues

Operating income

Ordinary income

Net income

Earnings per

share

million yen

%

million yen

%

million yen

%

million yen

%

yen

Fiscal 2024

1,555,000

3.5

56,000

-

70,000

-

55,000

-

152.60

(Note) Revisions to forecasts of financial results at the end of this period : Yes

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The Chugoku Electric Power Co. Inc. published this content on 28 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2023 06:06:27 UTC.