Revision of Financial Results Forecast for FY2020
We hereby announce that we have revised our financial results forecast for FY2020 (announced on October 30, 2020).
1 Revision of financial results forecast
Revision of consolidated financial results forecast for FY2020 (April 1, 2020– March 31, 2021)
| Sales | Operating income |
Ordinary income |
Profit attributable to owners of parent |
EPS | |||
|
(Unit: million yen) 2,060,000 |
(Unit: million yen) 70,000 |
(Unit: million yen) 45,000 |
(Unit: million yen) 30,000 |
(Unit: yen) 58.99 |
||
|
- | - | - | - | - | ||
|
- | - | - | - | - | ||
|
- | - | - | - | - | ||
| (Reference) Results for FY2019 |
2,013,050 | 63,813 | 40,052 | -419 | -6.05 |
2 Reasons for revision
In early January extreme cold weather caused the supply-demand balance to become tight, leading power prices to soar on Japan’s wholesale market. This has put pressure on the power generation and retail sales business’ performance and it is uncertain how long the current situation will continue.
Therefore the earnings forecast that was announced on October 30, 2020 has been withdrawn for the time being and is undecided.
We will provide an update as soon as it is possible to make a sufficiently reliable forecast of the consolidated earnings for FY2020.
Revision of Financial Results Forecast for FY2020
