Shikoku Electric Power posts strong first half profit growth

Shikoku Electric Power Company announced strong financial results for the six months ended September 30, 2025. The company's net sales reached JPY 384,870 million, an 8.0% decrease year-on-year, while operating profit surged by 23.7% to JPY 66,304 million. Ordinary profit also increased by 18.6% to JPY 66,309 million, and profit attributable to owners of parent rose by 20.2% to JPY 49,634 million. Basic earnings per share for the period were JPY 241.32.

The increase in profits was primarily attributed to improved supply-demand balance and favorable accounting adjustments for retirement benefits. Total assets stood at JPY 1,725,030 million as of September 30, 2025, with net assets at JPY 474,203 million, leading to an equity-to-asset ratio of 27.3%.

For the full fiscal year ending March 31, 2026, Shikoku Electric Power forecasts net sales of JPY 800,000 million, operating profit of JPY 53,500 million, ordinary profit of JPY 53,000 million, and profit attributable to owners of parent of JPY 41,000 million, with basic earnings per share projected at JPY 199.00. The second-quarter dividend is JPY 25.00 per share, with an expected year-end dividend of JPY 25.00, totaling JPY 50.00 for the full year.