The Okinawa Electric Power Company, Incorporated [9511.T]
TOKYO, Apr 30 (Pulse News Wire) – The Okinawa Electric Power Company,incorporated (9511.T) reported its fiscal year 2025 results showing a fifth consecutive year of revenue decline but marked a profit increase. Consolidated revenue was ¥139 billion compared to ¥122 billion in the previous year, while operating profit dropped to ¥125 million from ¥283 million.
However, ordinary profit surged to ¥146 million from ¥127 million due to lower fuel costs and reduced expenses. The company attributed the revenue decrease primarily to a reduction in sales volume and the impact of the fuel cost adjustment system. On the positive side, decreased fuel prices led to significant savings in fuel expenses and purchased power costs from other companies. Additionally, increased operational efficiency within subsidiaries contributed to higher profits.
For the upcoming fiscal year 2026, the company forecasts an indeterminate outlook due to uncertainties surrounding global energy markets and geopolitical tensions. Management stated that precise predictions remain challenging amid volatile resource prices and unpredictable Middle East situations. They aim to maintain a stable dividend payout ratio of at least 27.2%, reflecting their commitment to shareholder returns while focusing on rebuilding financial stability. The company also outlined plans for dividend distribution, proposing a final dividend of ¥15 per share for the current fiscal year, bringing the total annual dividend to ¥25 per share.
For the next fiscal year, the dividend remains undetermined pending further analysis of expected earnings levels.
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