FY2024 Consolidated Financial Results2025/04/28
JERA Co., Inc. (“JERA”) has today disclosed its consolidated financial results for FY2024 (1 April 2024 through 31 March 2025). JERA has voluntarily adopted International Financial Reporting Standards (IFRS) from the consolidated financial statements for the annual reporting of FY2022.
Revenue decreased by 354.8 billion yen from the last year to 3,355.9 billion yen mainly due to a decrease of income unit price in electrical energy sales.
Profit decreased by 215.7 billion yen from the last year to 183.9 billion yen due to a decrease in gains of the fuel price adjustment system time lag and a decrease in profit from the overseas power generation and renewable energy business and fuel business, despite an improvement in the impact on fuel procurement prices. (Profit excluding time lag decreased by 4.9 billion yen from the last year to 143.7 billion yen.)
FY2024 Consolidated Financial Results (Unit: Billion Yen)
FY2024 (A) |
FY2023 (B) |
Change (A-B) |
Rate of Change (%) |
|
Revenue (Net sales) |
3,355.9 |
3,710.7 |
-354.8 |
-9.6 |
Operating profit |
240.7 |
563.4 |
-322.6 |
-57.3 |
Profit |
183.9 |
399.6 |
-215.7 |
-54.0 |
Reference Profit excluding time lag |
143.7 |
148.7 |
-4.9 |
-3.3 |
Profit for FY2025 is expected to be around 230.0 billion yen. (Profit excluding time lag is expected to be around 200.0 billion yen.)
FY2025 Financial Forecast (Unit: Billion Yen)
FY2025 Forecast (A) |
FY2024 Result (B) |
Change (A-B) |
|
Profit |
230.0 |
183.9 |
Approx. 50.0 |
Reference Profit excluding time lag |
200.0 |
143.7 |
Approx. 60.0 |
Attachment: FY2024 Consolidated Financial Results[PDF: 676.3 KB]