JERA

FY2025 Third Quarter Consolidated Financial Results

Thu, 29 Jan 2026 16:50:00 +0900

JERA Co., Inc. (“JERA”) today announced its consolidated financial results for the third quarter of fiscal year (FY) 2025 (April 1, 2025, to Dec. 31, 2025). JERA has voluntarily adopted International Financial Reporting Standards (IFRS) beginning with its consolidated financial statements for the annual reporting of FY2022 (fiscal year ended March 31, 2023).

Revenue decreased by 247.3 billion yen from the same period of last year to 2,249.0 billion yen, primarily due to a decrease in income unit price of electrical energy sales.
Profit increased by 47.5 billion yen from the same period of last year to 202.3 billion yen. While it was negatively affected by factors such as the impact of fuel inventory unit prices, this was more than offset by the effects of fuel procurement price and profit improvement from the overseas power generation and renewable energy business. (Profit excluding time lag increased by 55.0 billion yen from the same period of last year to 177.8 billion yen.)

FY2025 Third Quarter Consolidated Financial Results　　　　　　　　　　　　　　　(Unit: Billion Yen)

	FY2025 Third Quarter(A)	FY2024 Third Quarter(B)	Change (A-B)	Rate of Change (%)
Revenue (Net sales)	2,249.0	2,496.4	-247.3	-9.9
Operating profit	288.4	237.0	51.3	21.7
Profit	202.3	154.7	47.5	30.7
Reference Profit excluding time lag	177.8	122.7	55.0	44.8

Profit for FY2025 is expected to be 230.0 billion yen. (Profit excluding time lag is expected to be 200.0 billion yen.)

FY2025 Financial Forecast　　　　　　　　　　　　　　　　　　(Unit: Billion Yen)

FY2025 Forecast

(A)

FY2024 Results

(B)

Change

(A-B)

Profit

230.0

183.9

Approx. 50.0

Reference

Profit excluding time lag

200.0

143.7

Approx. 60.0

* There is no change from the previous forecast.

, Attachment: FY2025 Third Quarter Consolidated Financial Results[PDF: 771.38 KB]

FY2025 Second Quarter Consolidated Financial Results

Thu, 30 Oct 2025 16:46:00 +0900

JERA Co., Inc. (“JERA”) has today disclosed its consolidated financial results for the second quarter of FY2025 (1 April 2025 through 30 September 2025). JERA has voluntarily adopted International Financial Reporting Standards (IFRS) from the consolidated financial statements for the annual reporting of FY2022 (fiscal year ended March 2023).

Revenue decreased by 121.1 billion yen from the same period last year to 1,529.8 billion yen mainly due to a decrease of income unit price in electrical energy sales.
Profit increased by 17.3 billion yen from the same period last year to 156.2 billion yen due to an improvement in profit from overseas and renewable energy power generation businesses, despite the impact of fuel procurement price and the decreased profit from fuel business. (Profit excluding time lag decreased by 33.1 billion yen from the same period last year to 89.1 billion yen.)

FY2025 Second Quarter Consolidated Financial Results　　　　　　　　　　　(Unit: Billion Yen)

	FY2025 Second Quarter(A)	FY2024 Second Quarter(B)	Change (A-B)	Rate of Change (%)
Revenue (Net sales)	1,529.8	1,651.0	-121.1	-7.3
Operating profit	217.2	197.3	19.8	10.0
Profit	156.2	138.9	17.3	12.5
Reference Profit excluding time lag	89.1	122.2	-33.1	-27.1

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 Results

(B)

Change

(A-B)

Profit

230.0

183.9

Approx. 50.0

Reference

Profit excluding time lag

200.0

143.7

Approx. 60.0

* There is no change from the previous forecast.

, Attachment: FY2025 Second Quarter Consolidated Financial Results[PDF: 780.79 KB]

The Third Issuance of U.S. Dollar-Denominated Bonds (5-year, USD 500 million)

Wed, 03 Sep 2025 13:00:00 +0900

JERA Co., Inc. has issued the third U.S. Dollar-denominated bonds (5-year, USD 500 million) as outlined below.

JERA Co., Inc. USD 500 million 4. 544% Bonds due 2030

（1）Amount of issue	USD 500 million
（2）Tenor	5 years
（3）Coupon rate	4.544% per annum
（4）Settlement date(Issue date)	September 2, 2025
（5）Maturity date	September 2, 2030
（6）Listing	Singapore Exchange

This notice is intended as general information regarding issuance of JERA Co., Inc.’s U.S. Dollar-denominated straight corporate bonds (the “Bonds”). This notice does not contain or constitute an offer to purchase securities, or the solicitation of an offer to buy or subscribe for securities in the United States or in any jurisdiction in which such offer or solicitation is unlawful. In particular, the Bonds have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or any relevant securities laws of any state, and, subject to certain exceptions, may not be offered or sold within the United States or to, or for the account of, U.S. persons (as defined in Regulation S of the Securities Act). The Bonds may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. No public offering of the Bonds will be made in the United States.

FY2025 First Quarter Consolidated Financial Results

Thu, 31 Jul 2025 11:00:00 +0900

JERA Co., Inc. (“JERA”) has today disclosed its consolidated financial results for the first quarter of FY2025 (1 April 2025 through 30 June 2025). JERA has voluntarily adopted International Financial Reporting Standards (IFRS) from the consolidated financial statements for the annual reporting of FY2022 (fiscal year ended March 2023).

Revenue increased by 64.8 billion yen from the same period last year to 830.8 billion yen mainly due to an increase in electrical energy sold.
Profit decreased by 0.8 billion yen from the same period last year to 92.5 billion yen due to a decrease in profit from the overseas power generation and renewable energy businesses, despite an improvement in profit from the fuel business. (Profit excluding time lag decreased by 24.7 billion yen from the same period last year to 48.3 billion yen.)

FY2025 First Quarter Consolidated Financial Results　　　　　　　　　　　　　　(Unit: Billion Yen)

	FY2025 First Quarter (A)	FY2024 First Quarter (B)	Change (A-B)	Rate of Change (%)
Revenue (Net sales)	830.8	765.9	64.8	8.5
Operating profit	127.5	134.4	-6.8	-5.1
Profit	92.5	93.4	-0.8	-0.9
Reference Profit excluding time lag	48.3	73.0	-24.7	-33.9

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 Results

(B)

Change

(A-B)

Profit

230.0

183.9

Approx. 50.0

Reference

Profit excluding time lag

200.0

143.7

Approx. 60.0

* There is no change from the previous forecast.

, Attachment: FY2025 First Quarter Consolidated Financial Results[PDF: 773.96 KB]

FY2024 Consolidated Financial Results

Mon, 28 Apr 2025 11:00:00 +0900

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]

FY2024 Third Quarter Consolidated Financial Results

Fri, 31 Jan 2025 11:00:00 +0900

JERA Co., Inc. (“JERA”) has today disclosed its consolidated financial results for the third quarter of FY2024 (1 April 2024 through 31 December 2024). JERA has voluntarily adopted International Financial Reporting Standards (IFRS) from the consolidated financial statements for the annual reporting of FY2022 (fiscal year ended March 2023).

Revenue decreased by 286.0 billion yen from the same period last year to 2,496.4 billion yen mainly due to a decrease of income unit price in electrical energy sales.
Profit decreased by 184.1 billion yen from the same period last year to 154.7 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, despite an improvement in the impact on fuel procurement prices. (Profit excluding time lag increased by 1.1 billion yen from the same period last year to 122.7 billion yen.)

FY2024 Third Quarter Consolidated Financial Results　　　　　　　　　　　　　　　(Unit: Billion Yen)

	FY2024 Third Quarter (A)	FY2023 Third Quarter (B)	Change (A-B)	Rate of Change (%)
Revenue (Net sales)	2,496.4	2,782.5	-286.0	-10.3
Operating profit	237.0	486.9	-249.8	-51.3
Profit	154.7	338.9	-184.1	-54.3
Reference Profit excluding time lag	122.7	121.6	1.1	0.9

Profit for FY2024 is expected to be around 200.0 billion yen. (Profit excluding time lag is expected to be 150.0 billion yen.)

FY2024 Financial Forecast　　　　　　　　　　　　　　　　　　　　　　　　　(Unit: Billion Yen)

FY2024 Forecast

(A)

FY2023 Results

(B)

Change

(A-B)

Profit

200.0

399.6

Approx. -200.0

Reference

Profit excluding time lag

150.0

148.7

Same level

* There is no change from the previous forecast.

, Attachment: FY2024 Third Quarter Consolidated Financial Results[PDF: 793.51 KB]

FY2024 Second Quarter Consolidated Financial Results

Tue, 29 Oct 2024 11:00:00 +0900

JERA Co., Inc. (“JERA”) has today disclosed its consolidated financial results for the second quarter of FY2024 (1 April 2024 through 30 September 2024). JERA has voluntarily adopted International Financial Reporting Standards (IFRS) from the consolidated financial statements for the annual reporting of FY2022 (fiscal year ended March 2023).

Revenue decreased by 446.2 billion yen from the same period last year to 1,651 billion yen mainly due to a decrease of income unit price in electrical energy sales.
Profit decreased by 152.3 billion yen from the same period last year to 138.9 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, despite an improvement in the impact on fuel procurement prices. (Profit excluding time lag increased by 46.9 billion yen from the same period last year to 122.2 billion yen.)

FY2024 Second Quarter Consolidated Financial Results　　　　　　　　　　　(Unit: Billion Yen)

	FY2024 Second Quarter(A)	FY2023 Second Quarter(B)	Change (A-B)	Rate of Change (%)
Revenue (Net sales)	1,651.0	2,097.3	-446.2	-21.3
Operating profit	197.3	427.7	-230.3	-53.9
Profit	138.9	291.2	-152.3	-52.3
Reference Profit excluding time lag	122.2	75.3	46.9	62.2

Profit for FY2024 is expected to be around 200.0 billion yen. (Profit excluding time lag is expected to be 150.0 billion yen.)

FY2024 Financial Forecast　　　　　　　　　　　　　　　　　　　　(Unit: Billion Yen)

	FY2024 Forecast (A)	FY2023 Results (B)	Change (A-B)
Profit *	200.0	399.6	Approx. -200.0
Reference Profit excluding time lag *	150.0	148.7	Same level

* There is no change from the previous forecast.

, Attachment: FY2024 Second Quarter Consolidated Financial Results[PDF: 750.92 KB]

Publication of JERA GROUP INTEGRATED REPORT 2024

Mon, 30 Sep 2024 15:53:20 +0900

JERA Co., Inc. has published “JERA Group Integrated Report 2024”.

Since 2020, we have continuously published the Integrated Report in order to inform our stakeholders about the business activities of our group, which contribute to the formation of a sustainable society through the realization of our mission and vision.

　The “Integrated Report 2024” covers the “JERA Growth Strategy to Realize the 2035 Vision” and the “Financial Strategy and Financial Target Levels Targeted for by 2035” announced in May 2024, the sustainability management system based on the “JERA Group Sustainability Policy” and major business initiatives. The report is designed to provide readers with a better understanding of the JERA Group's efforts to realize its mission and vision.

Through dialogue with our stakeholders, we will not only deepen their understanding of our Group, but also continue to strive to enhance our corporate value over the medium to long term by incorporating their requests into our business activities.

, JERA Group Integrated Report 2024[PDF: 36.54 MB]

The Second Issuance of U.S. Dollar-Denominated Bonds (5-year, USD 500 million)

Thu, 05 Sep 2024 10:00:00 +0900

JERA Co., Inc. has issued the second U.S. Dollar-denominated bonds (5-year, USD 500 million) as outlined below.

JERA Co., Inc. USD 500 million 4.614% Bonds due 2029

（1）Amount of issue	USD 500 million
（2）Tenor	5 years
（3）Coupon rate	4.614% per annum
（4）Settlement date(Issue date)	September 4, 2024
（5）Maturity date	September 4, 2029
（6）Listing	Singapore Exchange

FY2024 First Quarter Consolidated Financial Results

Wed, 31 Jul 2024 11:00:00 +0900

JERA Co., Inc. (“JERA”) has today disclosed its consolidated financial results for the first quarter of FY2024 (1 April 2024 through 30 June 2024). JERA has voluntarily adopted International Financial Reporting Standards (IFRS) from the consolidated financial statements for the annual reporting of FY2022 (fiscal year ended March 2023).

Revenue decreased by 169.9 billion yen from the same period last year to 765.9 billion yen mainly due to a decrease of income unit price in electrical energy sales.
Quarterly profit decreased by 85.0 billion yen from the same period last year to 93.4 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, renewable energy business and fuel business, despite an improvement in the impact on fuel procurement prices and fuel inventory unit prices. (Quarterly profit excluding time lag increased by 49.9 billion yen from the same period last year to 73.0 billion yen.)

FY2024 First Quarter Consolidated Financial Results　　　　　　　　　　　　　　　(Unit: Billion Yen)

	FY2024 First Quarte(A)	FY2023 First Quarter(B)	Change (A-B)	Change (%)
Revenue	765.9	935.9	-169.9	-18.2
Operating profit	134.4	255.2	-120.7	-47.3
Quarterly profit	93.4	178.4	-85.0	-47.7
Reference Quarterly profit excluding time lag	73.0	23.1	49.9	215.6

Profit for FY2024 is expected to be around 200.0 billion yen. (Profit excluding time lag is expected to be 150.0 billion yen.)

FY2024 Financial Forecast　　　　　　　　　　　　　　　　　　　　　　　　　　(Unit: Billion Yen)

	FY2024 Forecast (A)	FY2023 Results (B)	Change (A-B)
Profit	200.0	399.6	Approx. -200.0
Reference Profit excluding time lag	150.0	148.7	Same level

* There is no change from the previous forecast.

, Attachment: FY2024 First Quarter Consolidated Financial Results[PDF: 782.06 KB]