Tokyo Electric Power Company Holdings,Incorporated [9501.T]
TOKYO, Apr 30 (Pulse News Wire) – Tokyo Electric Power Company Holdings,incorporated (9501.T) reported a revenue decline of 7.1% to ¥63.285 billion in fiscal year 2025, primarily due to reduced sales volumes. However, operating profit surged 144.0% to ¥986.9 billion compared to the previous year, driven by improved fuel cost adjustments and ongoing cost management efforts.
Net loss attributable to shareholders was recorded at ¥58 billion, reflecting disaster-related losses. Segment-wise, Tokyo Electric Holdings (HD) saw a significant increase in operating profit to ¥1.289 billion, up from ¥700 million last year. Fuel & Power (FP) also posted strong gains, with operating profit rising to ¥833 million from ¥575.6 billion. Conversely, Energy Partner’s (EP) operating profit declined to ¥2.319 billion from ¥2.879 billion, impacted by lower sales volumes and higher procurement costs. The company's total assets increased by ¥986.9 billion despite a reduction in current assets, largely attributed to growth in fixed assets.
Liabilities rose by ¥986.9 billion mainly due to an increase in disaster loss provisions. Shareholders’ equity decreased by ¥986.9 billion, influenced by the net loss for the period. The equity ratio stood at 3.3%. Looking ahead, Tokyo Electric forecasts a continued focus on decarbonization initiatives and sustainable energy sources, aiming to ensure more than 60% of power supplied to customers comes from decarbonized sources by 2040. Additionally, the firm targets a 50% reduction in scope 1 and 2 greenhouse gas emissions by 2035 relative to 2019 levels.
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