Back 08 May 2025

Kansai Electric Power Co. Navigates FY2025: Revenue Growth Outpaces Profit, Balance Sheet Strengthens

Link: https://links.sgx.com/1.0.0/corporate-announcements/AZY7MWSFAX2UCABE/94be32e3da94d6fd968a50963b091c5c5051bc89569a17c3b3207ca14828abc5

Summary:

  • Kansai Electric Power Co. reported consolidated Net Sales of ¥4,337.1 billion for the fiscal year ended March 31, 2025, a 6.8% increase year-on-year.
  • Despite higher sales, Operating Profit decreased by 35.7% to ¥468.9 billion, and Profit Attributable to Owners of Parent saw a 4.9% decline to ¥420.4 billion.
  • The company's balance sheet strengthened significantly, with Total Assets and Net Assets increasing, and the Capital Adequacy Ratio improving to 31.8%.
  • Cash and cash equivalents saw a substantial increase, reaching ¥941.4 billion at the end of the fiscal year.
  • Kansai Electric Power Co. plans annual dividends of ¥60.00 per share for FY2025 and forecasts a decrease in Net Sales, Operating Profit, and Profit Attributable to Owners for the fiscal year ending March 31, 2026.