Kyushu Electric Power reports lower profits amid executive changes

Kyushu Electric Power (TSE:9508) announced its consolidated financial results for the fiscal year ended March 31, 2025, revealing a 10.2% increase in net sales to ¥2,356.83 billion, yet a 22.6% decline in profit attributable to owners of the parent, settling at ¥128.766 billion. The decrease stems from a decrease in margin caused by the time lag in fuel cost adjustments and fluctuations in wholesale electricity market prices.