The Okinawa Electric Power Okinawa Electric Seeks Approval for Revenue Forecast Adjustment Amid Rising Costs

TOKYO, Jul 10 (Pulse News Wire) – The Okinawa Electric Power Company,incorporated (9511.F) applied to the Ministry of Economy, Trade and Industry for approval to adjust its revenue forecast due to rising costs. The adjustment reflects increased expenses stemming from higher raw material prices, labor costs, logistics fees, and interest rates.

Under the existing revenue forecast from fiscal 2025 to 2027, the company anticipated revenues of ¥346.3 billion. However, the revised forecast sees an increase of ¥15.70 billion, bringing total projected revenues to ¥362.1 billion.

The company plans to implement the adjusted revenue forecast in new transmission charges effective November 1, 2026, pending government review and approval. To maintain supply chain stability amid inflationary pressures, Okinawa Electric continues efforts to collaborate with suppliers and contractors to ensure fair pricing adjustments.

The company remains committed to enhancing power supply reliability and achieving carbon neutrality through ongoing system upgrades and renewable energy integration.