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Kansai Electric Power's Profit Declines 9.6% in Fiscal 2026

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The Kansai Electric Power's (TYO:9503) profit attributable to owners of the parent fell 9.6% to 380.1 billion yen in fiscal year 2026 from 420.4 billion yen a year earlier.

The nuclear electric power producer's basic earnings per share declined to 341.14 yen from 436.09 yen a year ago, according to a Tokyo bourse filing on Thursday.

Net sales dropped 6.5% to 4.057 trillion yen in the year ended March 31 from 4.337 trillion yen in the prior year.

Kansai Electric Power declared a final dividend of 45 yen per share, payable from June 26.

For fiscal year 2027, the company expects attributable profit of 310 billion yen, basic EPS of 278.26 yen, and net sales of 4.500 trillion yen.

Kansai Electric Power plans to pay interim and year-end dividends of 40 yen per share each for the year, higher than the amount paid in the year-ago period.

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