Earnings quality
Compare earnings and operating cash flow for earnings quality.
Chubu Electric Power Co., Inc.
Ticker 9502 · 🇯🇵 Japan · Consolidated IFRS · amounts in yen
Filed 2026-06-24 · Period end 2026-03-31
Takeaway
Dig deeperThe numbers send mixed signals — dig into cash flow and leverage before drawing a conclusion.
Compare earnings and operating cash flow for earnings quality.
Mixed signals — use cash flow and the balance sheet before treating the year as clean.
ActionDig deeper
OP margin—
Equity ratio—
Last price—
Trailing P/E—
Look at next
- Compare operating cash flow to reported profit across the last two years.
- Open English IR for management commentary on outlook and capital allocation.
- Overlay peers on Compare before judging relative momentum.
About the company
中部電力株式会社 is a Japanese listed company. Its reportable segments include JERA, Miraiz, Powergrid, Operating Segments Not Included In.
- JERA
- Miraiz
- Powergrid
- Operating Segments Not Included In
- Total Of
- Description Of
- Explanation Of Measurements Of Sales Profit Loss Asset Liability And Other Items For Each
Segments JERA · Miraiz · Powergrid · Operating Segments Not Included In · Total Of · Description Of
Compare trends
No phone/email found in this filing · Filing date 2026-06-24
Financial statements
Income statement
| Account | FY2025 (ended Mar 31, 2025) | FY2026 (ended Mar 31, 2026) |
|---|---|---|
| Revenue | — | — |
| Cost of sales* | — | — |
| Gross profit | — | — |
| Operating profit (loss) | ¥242.0B | ¥230.0B |
| Finance income | — | — |
| Finance costs | — | — |
| Income tax expense | ¥60.4B | ¥40.9B |
| Profit (loss) | ¥209.1B | ¥234.8B |
| Profit (loss) attributable to owners | ¥202.1B | ¥227.8B |
| Basic EPS (¥) | — | — |
Balance sheet
| Account | FY2025 (ended Mar 31, 2025) | FY2026 (ended Mar 31, 2026) |
|---|---|---|
| Cash and cash equivalents | ¥292.5B | ¥364.7B |
| Current assets | ¥1.1T | ¥1.3T |
| Non-current assets | ¥6.0T | ¥6.4T |
| Total assets | ¥7.1T | ¥7.7T |
| Short-term borrowings | ¥261.6B | ¥266.8B |
| Current liabilities | ¥1.3T | ¥1.3T |
| Non-current liabilities* | ¥3.0T | ¥3.2T |
| Total liabilities | ¥4.3T | ¥4.4T |
| Equity attributable to owners | — | — |
| Total equity | — | — |
Cash flow statement
| Account | FY2025 (ended Mar 31, 2025) | FY2026 (ended Mar 31, 2026) |
|---|---|---|
| Cash flows from operating activities | ¥301.3B | ¥334.4B |
| Cash flows from investing activities | — | — |
| Cash flows from financing activities | -¥27.6B | ¥87.4B |
| Net increase (decrease) in cash | -¥118.7B | ¥72.3B |
| Cash at end of period | ¥292.5B | ¥364.7B |
Five-year trends
Key metrics
| Metric | Trend | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|
| Operating profit | -¥59.3B | ¥65.1B | ¥509.3B | ¥276.4B | ¥291.1B | |
| Profit to owners | — | — | — | ¥202.1B | ¥227.8B | |
| Total assets | ¥6.2T | ¥6.5T | ¥7.1T | ¥7.1T | ¥7.7T | |
| Cash & equivalents | — | — | ¥418.5B | ¥292.5B | ¥364.7B | |
| Owners’ equity | ¥2.1T | ¥2.2T | ¥2.7T | ¥2.9T | ¥3.2T |
How we read these numbers
From the notes
No material one-offs extracted from this filing.
Mixed
The numbers send mixed signals — dig into cash flow and leverage before drawing a conclusion.
On the income statement, revenue moved from — to — (—), so the top line did not break. Gross profit only slipped from — to —, while operating profit swung from ¥242.0B to ¥230.0B — the damage is concentrated below gross profit.
Cash tells a different story than earnings. Operating cash flow was still ¥334.4B (prior ¥301.3B), and cash on the balance sheet rose to ¥364.7B from ¥292.5B. When profits collapse but operating cash stays positive, read the notes for impairments and other non-cash charges before assuming the business stopped generating cash.
The balance sheet got heavier on leverage. Total liabilities rose to ¥4.4T while owners’ equity fell to —. ROE moved from 7.5% to 7.7%, and the equity ratio from 39.1% to 41.0%. Employee count is 22,700 vs 22,566 a year earlier.
Liquidity & leverage
Short-term borrowing levels look more stable year over year.
Capital buffer
Capital structure held relatively steady.
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Source: EDINET S100YDH0
(中部電力株式会社), period end 2026-03-31.