Tokyo Electric Power Company (9501) Q2 2027 earnings summary

Executive summary

• FY2026 Apr-Sep revenue rose to ¥3,271.3 billion, while ordinary income fell to ¥90.6 billion; net income attributable to owners of parent recovered to ¥52.7 billion from a ¥712.3 billion loss.

• Higher fuel and wholesale electricity procurement costs pressured ordinary income; net income benefited from a substantially smaller extraordinary loss than in the prior-year period.

Financial highlights

• Operating revenue was ¥3,271.3 billion, up ¥121.0 billion YoY; operating income was a ¥33.6 billion loss versus income of ¥217.0 billion.

• Extraordinary loss narrowed to ¥27.3 billion from ¥966.2 billion; prior-year expenses included a ¥904.1 billion extraordinary disaster loss.

• Comprehensive loss was ¥766.2 billion, versus comprehensive income of ¥60.4 billion in the prior-year period.

Outlook and guidance

• FY2026 consolidated performance forecasts remain undetermined due to fuel-price and other uncertainty, including Middle East conditions; specific forecasts will be announced when available.

• Revised wheeling-charge rates are scheduled to take effect November 1, 2026; EP plans to reflect the revisions in electricity rates from that date.