The Kansai Electric Power Company,Incorporated [9503.T]
TOKYO, Apr 30 (Pulse News Wire) – The Kansai Electric Power Company,incorporated (9503.T) reported lower revenue and operating profit for the fiscal year ended March 31, 2026, compared to the previous year. However, net income increased to 420,364 million yen, up from 420,364 million yen in the prior year.
For the fiscal year ending March 31, 2026, total sales decreased to 1,975,000 million yen, down from 2,000,000 million yen in the previous year. Operating profit fell to 437,556 million yen from 468,877 million yen last year. Despite these declines, ordinary profit improved slightly to 531,686 million yen from 518,530 million yen in the same period last year. The company also announced plans to increase its dividend payout ratio.
For the fiscal year ending March 31, 2026, the annual dividend per share was raised to ¥75, up from ¥60 in the previous year. The dividend payout ratio rose to 22%, reflecting stronger earnings performance despite challenging market conditions. Looking ahead, Kansai Electric expects continued volatility due to rising fuel costs and inflationary pressures. The company forecasts total sales of 2,080,000 million yen for the next fiscal year, with operating profit projected to decline further to 310,000 million yen.
The company will hold its regular shareholders meeting on June 25, 2026, and begin distributing dividends on June 26, 2026.
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