Chubu Electric Power's profits dip amid fuel cost adjustments
Chubu Electric Power (TSE:9502) reported a 1.6% increase in operating revenue to JPY3,669.2 billion for fiscal year 2025, driven primarily by increased electricity sales volume despite decreased fuel cost adjustments. However, operating profit decreased by 29.5% to JPY242.0 billion due to diminished time lag benefits, power procurement restructuring at Miraiz, and increased supply and demand costs for Power Grid. Net profit attributable to owners decreased 49.9% year-over-year to JPY202.0 billion.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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