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TEPCO Reports Decline in Annual Earnings

Tokyo Electric Power Company Holdings ( (TKECF) ) has released its Q4 earnings. Here is a breakdown of the information Tokyo Electric Power Company Holdings presented to its investors.

Tokyo Electric Power Company Holdings, Inc. (TEPCO) is a major player in Japan’s energy sector, primarily engaged in the generation, transmission, and distribution of electricity. The company is known for its significant role in nuclear energy and its ongoing efforts in decommissioning and disaster recovery.

In its latest earnings report for the fiscal year ending March 31, 2025, TEPCO reported a slight decline in net sales by 1.6% to ¥6,810,391 million compared to the previous year. The company’s operating income also saw a decrease of 15.9%, amounting to ¥234,452 million, while net income attributable to owners of the parent dropped by 39.8% to ¥161,278 million.

Key financial metrics revealed a challenging year for TEPCO, with a notable decrease in ordinary income by 40.2% to ¥254,443 million. The company’s comprehensive income also fell by 40.5% to ¥248,641 million. Despite these declines, TEPCO’s total assets increased to ¥14,986,993 million, with an equity ratio improving slightly to 25.1%.

TEPCO’s cash flow from operating activities decreased significantly to ¥361,249 million, while cash used in investing activities increased to ¥859,209 million, reflecting substantial investments in property, plant, and equipment. The company maintained a cautious approach to dividends, with no cash dividends declared for the fiscal year.

Looking ahead, TEPCO’s management remains cautious, with the financial outlook for the next fiscal year yet to be determined, pending the restart of the Kashiwazaki-Kariwa Nuclear Power Station. The company continues to focus on strategic investments and operational improvements to navigate the challenging energy landscape.

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