Kansai Electric Power Company reported a slight increase in first-half profit for fiscal 2025, with revenue and operating profit down from the previous year. Net profit rose to ¥232.9 billion, with comprehensive income essentially flat at ¥235.5 billion.

Total assets as of September 30 were ¥9.6 trillion, with equity strengthening to ¥3.27 trillion. The company’s equity ratio increased to 34.0% from 31.8% at the start of the fiscal year.

Kansai Electric raised its full-year dividend forecast to ¥75 per share, reflecting stable earnings and cost reduction progress. For the full year ending March 31, 2026, the company forecasts a decline in net sales, operating profit, ordinary profit, and net profit due to lower electricity prices and sluggish demand.

Japan’s power utilities, including Kansai Electric, are returning to normal after exceptional earnings driven by high tariffs and fuel cost adjustments. With LNG and coal prices stabilizing, utilities are focusing on operational efficiency, nuclear restarts, and decarbonization investments.

Kansai Electric is expanding renewable and nuclear energy investments to support Japan’s net-zero goal by 2050. The company is also diversifying revenue sources through overseas and digital infrastructure businesses amid a maturing domestic electricity market.

Read more at Yahoo Finance: Kansai Electric Profit Rises Despite Lower Sales and Operating Income