Tohoku Electric Power CompanyTohoku Electric Power Company,Incorporated9506東証プライム電気・ガス業FY ending Mar 2026, consolidated, J-GAAP

Tohoku Electric Power Company FY ending Mar 2026 results

About 78% of Tohoku Electric Power Company's sales come from Power Generation Sales, with Power Transmission and distribution and Other making up much of the rest.

Out of every ¥100 of sales, about ¥7 is left as operating profit.

Revenue changed -10.3% from the prior year, operating profit -42.8%.

Revenue and profit pattern

Revenue and profit down

Revenue -10.3% · profit -42.8%, calculated from disclosed figures.

Operating leverage: 4.15× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue: -10.3%¥2.64T → ¥2.37T
Operating income: -42.8%¥280.3B → ¥160.4B
Net income attributable to owners: -53.5%¥182.8B → ¥85B
Operating cash flow: -9.8%¥410.3B → ¥370.2B
Free cash flow: -255.1%¥16.3B → -¥25.2B

Results at a glance

Revenue for the FY ending Mar 2026 was ¥2.37T, down -10.3% from ¥2.64T.
Operating income fell -42.8% to ¥160.4B, and net income fell -53.5% to ¥85B.
Free cash flow swung from ¥16.3B to -¥25.2B.

What drove the change

Retail power sales shrank as customers switched suppliers and industrial users ran less, which cut revenue
Restarting the Onagawa nuclear plant helped, but changes in the market and sales environment and higher grid balancing costs weighed on profit
Fuel and power market prices spiked as the Middle East situation worsened, hurting the fair value of power forward contracts. The company says this will reverse as a gain next year, with no net effect over both years
A write-down on securities, booked as an extraordinary loss, also cut net income

Things to watch

If nuclear plants stay offline for longer, thermal fuel costs would keep rising
Big swings in fuel prices, exchange rates or wholesale power prices change fuel and purchased power costs
Tougher retail competition, a shrinking population and weather can move both sales volume and prices

Annual Securities Report, FY ending Mar 2026 / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report, FY ending Mar 2026 / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

※ Cost of revenue is not disclosed; expenses are combined

Where ¥100 of sales goes

For every ¥100 Tohoku Electric Power Company sells, how much goes where, and how much is kept.

FY ending Mar 2026

Operating costs: ¥93
Operating profit: ¥7
Net profit kept: ¥4

Annual margin trends

Operating margin6.8%

Net margin3.6%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Power Generation Sales¥1.84T
78%
Op. margin 6.9%Industry: Electric Power & Gas
Power Transmission and distribution¥476.7B
20%
Op. margin -0.2%Industry: Electric Power & Gas
Other¥52.3B
2%
Op. margin 30.5%Industry: Plant Engineering & Building Services

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第102期(2025/04/01－2026/03/31)
ID S100YEK22026-06-23Open
EDINET (FSA Japan)
有価証券報告書－第101期(2024/04/01－2025/03/31)
ID S100W1ER2025-06-24Open
EDINET (FSA Japan)
有価証券報告書－第100期(2023/04/01－2024/03/31)
ID S100TOO52024-06-26Open
EDINET (FSA Japan)
有価証券報告書－第99期(2022/04/01－2023/03/31)
ID S100R42K2023-06-28Open
EDINET (FSA Japan)
有価証券報告書－第98期(令和3年4月1日－令和4年3月31日)
ID S100OIEE2022-06-28Open
EDINET (FSA Japan)
有価証券報告書－第97期(令和2年4月1日－令和3年3月31日)
ID S100LMLL2021-06-25Open

Extracted from XBRL: 47 / Derived from other figures: 1

Spotted an error? Report it (corrections keep the original record)

Other periods

Analyze this page with AI

Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.

Open Markdown Share on X Save image