The information shown below is an English translation of the "Dai-ni-shihanki Kessan Tanshin", the Consolidated Financial Report of the six months period ended September 30, 2023.

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

Consolidated Quarterly Financial Report [Japanese Standard]

(Financial Report of the six months period ended September 30, 2023)

October 31, 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)

: November 9, 2023

Date to start dividend payments (Scheduled)

: November 30, 2023

Supporting document of FY2024 second-quarter financial results

: Yes

Investors meeting for FY2024 second-quarter financial results

: Yes

(Figures are rounded down to the million)

1. Consolidated financial results for the six months period ended September 30, 2023 (April 1, 2023 - September 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

%

2nd period ended September 30, 2023

841,547

12.2

165,064

-

161,933

-

123,028

-

2nd period ended September 30, 2022

749,774

54.4

-73,170

-

-68,543

-

-56,015

-

(Note) Comprehensive income :

2nd period ended September 30, 2023

138,604 million yen ( - %)

2nd period ended September 30, 2022

-32,721 million yen ( - %)

Earnings per

Diluted

earnings per

share

share

yen

yen

2nd period ended September 30, 2023

341.51

341.51

2nd period ended September 30, 2022

-155.49

-

(2) Consolidated financial standing

Total assets

Net assets

Shareholders' equity ratio

million yen

million yen

%

2nd period ended September 30, 2023

4,155,818

595,502

14.1

Year ended March 31, 2023

4,040,048

455,483

11.1

(Reference) Shareholders' equity :

2nd period ended September 30, 2023

587,010 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

-

5.00

Year ending March 31, 2024 (Forecasts)

-

25.00

30.00

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

(Note2) For details, please refer to the "Notice Regarding Revisions to Forecasts of Financial Results and Dividends" released on October 31, 2023.

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

1,646,000

-2.9

154,000

-

150,000

-

109,000

-

302.60

(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 and Dividends" released on October 31, 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.
    3. 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

(4) Number of shares issued (Common shares)

① Number of shares issued (including treasury shares)

End of September, 2023

387,154,692

End of March, 2023

387,154,692

② Number of treasury shares

End of September, 2023

26,908,293

End of March, 2023

26,904,338

③ Average number of shares outstanding

End of September, 2023

360,248,066

End of September, 2022

360,257,497

  • 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 second-quarter financial results will be released 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

1,475,000

-1.8

99,000

-

115,000

-

88,000

-

244.10

(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 and Dividends" released on October 31, 2023.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

The Chugoku Electric Power Co. Inc. published this content on 31 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2023 06:24:10 UTC.