Highlights
Financial Highlights
Key Indicators for the 15th FP
As of December 31, 2024
| Statement of Income Data (million yen) |
14th FP | 15th FP (ended Dec. 2024) |
|||
|---|---|---|---|---|---|
| Actual | Forecast @Aug.16, 2024 |
Amendment @Dec.19, 2024 |
Actual | Increase / (Decrease) (vs Forecast) |
|
| Operating revenues | 4,367 | 4,477 | 4,408 | 4,455 | (22) |
| Operating income | 1,608 | 1,644 | 1,632 | 1,686 | 42 |
| Income before income taxes | 1,361 | 1,386 | 1,418 | 1,453 | 67 |
| Net income | 1,361 | 1,385 | 1,417 | 1,452 | 67 |
| Distribution per unit (including distributions in excess of earnings) |
3,755 yen | 3,066 yen | 3,220 yen | 3,310 yen | 244 yen |
|---|---|---|---|---|---|
| Distributions per unit (excluding distributions in excess of earnings) |
3,013 yen | 3,066 yen | 3,220 yen | 3,301 yen | 235 yen |
| Distributions in excess of earnings per unit |
762 yen | 0 yen | 0 yen | *9 yen | 9 yen |
* The distribution in excess of earnings recorded in the 15th FP was due to inconsistencies between taxation and accounting relating to the amortization period of construction costs for the CS Mashiki-machi Power Plant, CS Kasama-shi Power Plant and CS Kasama-shi Dai-ni Power Plant.
-
- CO2 Reduction (15th FP)
- 54,139,291 kg-CO2
-
- CO2 Reduction (From Oct 2017 to Dec 2024)
- 561,726,672 kg-CO2
-
- # of Projects
- 32 PV Facilities
-
- Total Acquisition Price
- JPY 97.3 Bn
-
- Panel Output of AUM
- 227.6 MW
Track Record of Consistent External Growth
CSIF continues to aim for growth with a new mid-term target of JPY 300 billion yen in asset size, while diversifying its portfolio with a focus on solar power plants, of which the Canadian Solar Group has expertise.
Track Record of Consistent External Growth and Target of asset size (acquisition price basis)
Enlarge image
Historical and Forecasted Dividend
- From the IPO until the 14th period, CSIF has maintained stable total distributions using distributions in excess of earnings. CSIF announced its new cash management policy after the 14th period and also acquired its own investment units in the 15th period, leading to EPU growth of approx. 7.6% compared to initial forecast.
- CSIF plans to continue increasing EPU through strategic cash management in accordance with the market and business conditions.
Enlarge image
* The distribution in excess of earnings recorded in the 15th FP was due to inconsistencies between taxation and accounting relating to the amortization period of construction costs for the CS Mashiki-machi Power Plant, CS Kasama-shi Power Plant and CS Kasama-shi Dai-ni Power Plant.