Chubu Electric Power Company Chubu Electric Posts Lower Revenue but Higher Operating Profit in FY2026

Chubu Electric Power Company, Incorporated [9502.T]

TOKYO, Apr 28 (Pulse News Wire) – Chubu Electric Power Company,incorporated (9502.T) reported lower revenue but higher operating profit for the fiscal year ended March 31, 2026. Revenue decreased to ¥3.55 trillion million yen compared to ¥3.67 trillion million yen in the previous year.

However, operating profit fell to ¥230.0 billion from ¥242.0 billion last year due to improvements in domestic coal procurement competitiveness by JERA's thermal power business. For the same period, net income attributable to parent shareholders increased to ¥227.8 billion from ¥202.1 billion in the prior year. On a per-share basis, diluted earnings per share stood at ¥301.6 million, up from ¥267.4 million previously.

Regarding the outlook for the fiscal year ending March 2027, the company stated that uncertainties surrounding fuel prices and wholesale electricity market prices make it difficult to forecast performance reasonably at this time. Chubu Electric plans to update its guidance once reasonable assumptions can be made. The company also noted significant changes in its consolidation scope during the fiscal year, adding one new subsidiary, (), while making no exclusions.

Chubu Electric expects to hold an investor briefing to discuss these results further.

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