It will likely record consolidated ordinary profit over ¥200 billion for the next year or two, and booked ¥250.6 billion in the 1st half of fiscal 2024 (ending March 31, 2025). The group is able to pass on a large part of higher fuel costs to customers thanks to an electricity rate hike in 2023. Meanwhile, resurgence of competition from new entrants to the electricity retail market could weaken the group's performance. We assume the idle Kashiwazaki-Kariwa nuclear power plant will not restart soon. The group targets profit of ¥300 billion by the mid-2020's under the Revised Comprehensive Special Business Plan, its restructuring plan, but it will remain below that goal in the next couple of years. We also anticipate
