Shikoku Electric Power Company Electric's Subsidiary Seeks Approval for Revised Revenue Forecasts

TOKYO, Jul 10 (Pulse News Wire) – Shikoku Electric Power Company,incorporated (9507.T) announced that its subsidiary, Shikoku Electric Power Transmission & Distribution Co., Ltd., submitted an application to the Minister of Economy, Trade and Industry seeking approval for revised revenue forecasts related to transmission fees. The changes aim to reflect increased costs due to rising prices, labor expenses, and interest rates affecting necessary investments and maintenance operations from fiscal 2026 to 2027.

Key adjustments include an increase in projected revenues by ¥37.80 billion due to higher anticipated costs during those fiscal years. Detailed information about the application can be found in Shikoku Electric Power Transmission & Distribution’s press release.

Once approved by the government, the revised revenue forecast will allow for potential adjustments to transmission fees. Regarding the impact on future consolidated performance, Shikoku Electric stated that while the effects remain undetermined at this stage, they will conduct further analysis based on the outcome of the review process.