JERA Co., Inc. (“JERA”) has announced its consolidated financial results for the third quarter of fiscal year (FY) 2025 (April 1, 2025, to Dec. 31, 2025). JERA has voluntarily adopted International Financial Reporting Standards (IFRS) beginning with its consolidated financial statements for the annual reporting of FY2022 (fiscal year ended March 31, 2023).
Revenue decreased by 247.3 billion yen from the same period of last year to 2,249.0 billion yen, primarily due to a decrease in income unit price of electrical energy sales.
Profit increased by 47.5 billion yen from the same period of last year to 202.3 billion yen. While it was negatively affected by factors such as the impact of fuel inventory unit prices, this was more than offset by the effects of fuel procurement price and profit improvement from the overseas power generation and renewable energy business. (Profit excluding time lag increased by 55.0 billion yen from the same period of last year to 177.8 billion yen.)
FY2025 Third Quarter Consolidated Financial Results (Unit: Billion Yen)
|
FY2025 Third Quarter(A) |
FY2024 Third Quarter(B) |
Change (A-B) |
Rate of Change (%) |
|
|
Revenue (Net sales) |
2,249.0 |
2,496.4 |
-247.3 |
-9.9 |
|
Operating profit |
288.4 |
237.0 |
51.3 |
21.7 |
|
Profit |
202.3 |
154.7 |
47.5 |
30.7 |
|
Reference Profit excluding time lag |
177.8 |
122.7 |
55.0 |
44.8 |
Profit for FY2025 is expected to be 230.0 billion yen. (Profit excluding time lag is expected to be 200.0 billion yen.)
FY2025 Financial Forecast (Unit: Billion Yen)
|
FY2025 Forecast (A) |
FY2024 Results (B) |
Change (A-B) |
|
|
Profit |
230.0 |
183.9 |
Approx. 50.0 |
|
Reference Profit excluding time lag |
200.0 |
143.7 |
Approx. 60.0 |
* There is no change from the previous forecast.
Be the first to comment