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April 27, 2018
The Fiscal Year Ended March 31, 2018 Financial Results Overview 〔Japan GAAP〕(Consolidated)
Kyushu Electric Power Co., Inc.
Stock code: 9508 URL: http://www.kyuden.co.jp/en_index.html Stock listed on: Tokyo SE, Fukuoka SE
Representative: Mr. Michiaki Uriu, President
Contact: Investor Relations Group, Corporate Strategy Division. Tel: +81-92-726-1575
General Meeting of Stockholders date (plan) : June 27,2018
Commencement of payment of year-end dividend: June 28,2018
Annual security report submission date (plan): June 28, 2018
Preparation of supplementary materials for quarterly financial results: Yes
Information meeting for quarterly financial results: Yes (for analysts and institutional investors)
1. Consolidated Financial Results for FY2017 (April 1, 2017 to March 31, 2018)
(1) Consolidated Operational Results
(Unit: million yen) (%) (Unit: million yen) (%) (Unit: million yen) (%)
FY2017 ended March 31, 2018 1,960,359 7.3 103,123 -15.9 73,678 -21.8
FY2016 ended March 31, 2017 1,827,524 -0.4 122,640 2.0 94,234 3.6
(Note) Comprehensive income : FY2017 96,591 million yen (17.7%) FY2016 82,037 million yen (65.9%)
(Reference) Investment Profit/Loss under Equity Methods : FY2017 7,257 million yen FY2016 7,211 million yen
(2) Consolidated Financial Position
(Reference) Shareholders' equity: FY2017 629,140 million yen FY2016 550,965 million yen
(3) Consolidated Cash Flow
2. Dividends
(Note) Dividends mentioned above is regarding common shares. See 'Dividends for class shares' regarding dividends for class
shares which differ in shareholders’ rights from common shares.
Sales Operating income Ordinary income
(% shows the changes from the previous FY)
(Rounded down to the nearest million yen)
Cash flow from
operating activities
Cash flow from
investment
activities
Cash flow from
financing activities
Cash and cash
equivalents balance
as of term-end
(Unit: million yen) (Unit: million yen) (Unit: million yen) (Unit: million yen)
FY2017 ended March 31, 2018 355,995 -321,751 -90,334 365,875
FY2016 ended March 31, 2017 188,016 -275,047 78,380 419,831
(Record date) 1Q Interim 3Q
Year-endTotal
(Unit: yen) (Unit: yen) (Unit: yen) (Unit: yen) (Unit: yen) (Unit: million yen) (%) (%)
FY2016 ended March 31, 2017 ― 0.00 ― 15.00 15.00 7,109 9.4 1.7
FY2017 ended March 31, 2018 ― 10.00 ― 10.00 20.00 9,479 11.4 1.9
FY2018 ending March 31, 2019
(forecast) ― 15.00 ― 15.00 30.00 27.6
Annual dividends per share
Total dividends
(annual)
Payout ratio
(consolidated)
Dividend rate for net
assets (consolidated)
Total assets Net assets
Shareholders'
equity ratio
Net assets
per share
(Unit: million yen) (Unit: million yen) (%) (Unit: yen)
FY2017 ended March 31, 2018 4,710,158 653,963 13.4 1,113.43
FY2016 ended March 31, 2017 4,587,541 574,577 12.0 944.69
Net income
per share
Fully-diluted
net earnings
per share
Net returnonshareholders'
equity
Ratio of
current
income to
total capital
Ratio of
current
income to
sales
(Unit: million yen) (%) (Unit: yen) (Unit: yen) (%) (%) (%)
FY2017 ended March 31, 2018 86,657 9.3 175.56 144.03 14.7 1.6 5.3
FY2016 ended March 31, 2017 79,270 7.9 159.97 159.78 15.4 2.0 6.7
Profit attributable
to owners of
parent
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3. Forecast for FY2018 (April 1, 2018 to March 31, 2019)
※(注記) Note
(1)Changes in significant subsidiaries (changes in scope of consolidated subsidiaries) : No
Newly added:0 Excluded:0
(2) Changes in accounting principles, changes in accounting estimates, restatement
1 Changes in accounting principles in line with revised accounting standards : No
2 Changes in accounting principles other than 1 : No
3 Changes in accounting estimates : No
4 Restatement : No
(3) Number of common stocks issued and outstanding
1 Total stocks including treasury stocks at the end of period
FY2017 474,183,951 shares FY2016 474,183,951 shares
2 Treasury stocks at the end of period
FY2017 520,059 shares FY2016 522,731 shares
3 Average number of stocks during the period
FY2017 473,662,498 shares FY2016 473,662,147 shares
(Reference) Outline of Non-consolidated Financial Results
1. Non-consolidated Financial Results for FY2017 (April 1, 2017 to March 31, 2018)
(1) Non-Consolidated Operational Results
(% shows the changes from the previous FY)
(Unit: million yen) (%) (Unit: million yen) (%) (Unit: million yen) (%)
FY2017 ended March 31, 2018 1,823,543 7.5 81,203 -18.4 48,203 -30.0
FY2016 ended March 31, 2017 1,696,731 -0.5 99,535 1.7 68,883 -7.3
(Unit: million yen) (%)
FY2017 ended March 31, 2018 69,023 13.0
FY2016 ended March 31, 2017 61,057 -6.5
Operating income
(Note) Regarding the number of shares used as fundamentals in the calculation of the net income
per share (consolidated), please see page 21 of the attachment "Per share data".
(% show s the changes from the same financial periods of the previous year)
121.44
(Unit: yen)
Net income Net earnings per share
121.29
113.43
Ordinary income
(Unit: yen)
138.24
Fully-diluted net earnings
per share
Sales
Net earnings per
share
(Unit: million yen) (%) (Unit: million yen) (%) (Unit: million yen) (%) (Unit: million yen) (%) (Unit: yen)
Full-year 2,005,000 2.3 105,000 1.8 80,000 8.6 55,000 -36.5 108.73
Profit attributable to
owners of parent
Sales Operating income Ordinary income
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(2) Non-Consolidated Financial Position
(Reference) Shareholders' equity: FY2017 488,774 million yen FY2016 436,464 million yen
2. Non-consolidated Forecast for FY2018 (April 1, 2018 to March 31, 2019)
(% show s the changes from the same financial periods of the previous year)
*Financial results are not subject to audit procedures
*Notes on the proper use of the forecasts
We will post supplementary materials for financial results on our website.
(Reference) Dividends for Class Shares
The breakdown of dividend for class shares which differ in shareholders' rights from common shares is as follows.
Looking-forward statements are based on information available at the date of the release of this document. Due to various
factors, the actual result may differ from these statements.
Total assets Net assets
Shareholders'
equity ratio
Net assets
per share
(Unit: million yen) (Unit: million yen) (%) (Unit: yen)
FY2017 ended March 31, 2018 4,230,935 488,774 11.6 816.57
FY2016 ended March 31, 2017 4,141,556 436,464 10.5 702.51
Net earnings per
share
(Unit: million yen) (%) (Unit: million yen) (%) (Unit: million yen) (%) (Unit: million yen) (%) (Unit: yen)
Full-year 1,865,000 2.3 85,000 4.7 55,000 14.1 40,000 -42.0 77.01
Sales Operating income Ordinary income Net income
1Q 2Q 3Q Year-end Total
(Unit: yen) (Unit: yen) (Unit: yen) (Unit: yen) (Unit: yen)
FY2016 ended March 31, 2017 ― 0.00 ― 3,500,000.00 3,500,000.00
FY2017 ended March 31, 2018 ― 1,750,000.00 ― 1,750,000.00 3,500,000.00
FY2018 ending March 31, 2019
(forecast)
― 1,750,000.00 ― 1,750,000.00 3,500,000.00
Class A
preferred shares
Annual dividends per share