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95192026 Full YearPrimeIFRS

RENOVA (9519) FY2026 FY Earnings Report

For FY2026 FY, revenue came to ¥87.6B (+24.7% year on year) and operating income ¥8.3B (+103.7%). The segment drivers and cash flow follow.

May 13, 2026

Electric Power & Gas/Electric Power & Gas

Table of Contents

Financial Highlights

Net Sales: ¥87.62B
Operating Income: ¥8.28B
Net Income: ¥4.62B
EPS: ¥36.59

Income Statement

Item	Current	Prior	YoY %
Net Sales	¥87.62B	¥70.25B	+24.7%
Operating Income	¥8.28B	¥4.07B	+103.7%
Equity Method Investment Income	¥910M	¥832M	+9.4%
Profit Before Tax	¥5.86B	¥3.90B	+50.3%
Income Tax Expense	¥1.24B	¥459M	+171.0%
Net Income	¥4.62B	¥3.44B	+34.3%
Net Income Attributable to Owners	¥3.31B	¥2.69B	+23.1%
Basic EPS	¥36.59	¥29.85	+22.6%
Diluted EPS	¥36.57	¥29.81	+22.7%
Dividend Per Share	¥0.00	¥0.00	-

Balance Sheet

Item	Current End	Prior End	Change
Current Assets	¥106.12B	¥110.76B	−¥4.63B
Accounts Receivable	¥12.07B	¥14.73B	−¥2.66B
Inventories	¥2.58B	¥2.38B	+¥205M
Non-current Assets	¥505.34B	¥419.29B	+¥86.05B
Property, Plant & Equipment	¥232.21B	¥224.96B	+¥7.24B
Intangible Assets	¥32.23B	¥33.72B	−¥1.49B
Goodwill	¥237M	¥237M	¥0
Total Assets	¥611.46B	¥530.05B	+¥81.41B
Accounts Payable	¥14.11B	¥14.51B	−¥397M
Non-current Liabilities	¥376.92B	¥341.32B	+¥35.59B
Total Liabilities	¥425.58B	¥396.63B	+¥28.96B
Total Equity	¥185.88B	¥133.42B	+¥52.45B
Capital Stock	¥11.34B	¥11.33B	+¥13M
Capital Surplus	¥10.80B	¥10.57B	+¥225M
Retained Earnings	¥39.81B	¥36.51B	+¥3.30B
Treasury Stock	−¥1.08B	−¥1.02B	−¥58M
Shareholders' Equity	¥122.85B	¥89.11B	+¥33.74B
Equity Ratio	20.1%	16.8%	+3.3%

Cash Flow Statement

Item	Current	Prior	Change
Operating Cash Flow	¥28.27B	¥31.50B	−¥3.23B
Investing Cash Flow	−¥11.71B	−¥16.50B	+¥4.78B
Financing Cash Flow	−¥17.44B	−¥8.29B	−¥9.15B
Cash and Cash Equivalents	¥23.08B	¥23.93B	−¥846M
Free Cash Flow	¥16.56B	-	-

Profitability Ratios

Item	Value
ROE	3.1%
ROA (Ordinary Income)	1.0%
Book Value Per Share	¥1,359.04
Net Profit Margin	3.8%
Debt-to-Equity Ratio	2.29x
Effective Tax Rate	21.2%

Year-over-Year Comparison

Item	YoY Change
Net Sales YoY Change	+24.7%
Operating Income YoY Change	+103.7%
Profit Before Tax YoY Change	+50.4%
Net Income YoY Change	+34.3%
Net Income Attributable to Owners YoY Change	+23.1%

Item	Value
Shares Outstanding (incl. Treasury)	91.25M shares
Treasury Stock	857K shares
Average Shares Outstanding	90.41M shares
Book Value Per Share	¥2,056.30

Dividend Information

Item	Amount
Q2 Dividend	¥0.00
Year-End Dividend	¥0.00

Segment Information

Segment	Revenue	Operating Income
DevelopmentAndOperation	¥1.19B	¥1.90B
RenewableEnergyPowerGenerationEtc	¥86.43B	¥33.86B

※ セグメント利益の測定基礎: ebitda

Full Year Forecast

Segment	Revenue	Operating Income
DevelopmentAndOperation	¥1.19B	¥1.90B
RenewableEnergyPowerGenerationEtc	¥86.43B	¥33.86B