FilingReader Intelligence

J-POWER exceeds earnings forecasts, announces share buyback program

May 9, 2025 at 12:04 PM UTCBy FilingReader AI

Electric Power Development Co., Ltd. (J-POWER) [TSE:9513] today announced that its actual non-consolidated earnings for the fiscal year ended March 31, 2025, significantly exceeded previous forecasts. Operating profit reached JPY 54.739 million, surpassing the forecast of JPY 32.000 million. Ordinary profit totaled JPY 107.457 million compared to the JPY 88.000 million forecast, and profit per share rose to JPY 509.82, exceeding the projected JPY 426.52. The company attributes this performance to declining fuel prices for thermal power plants and improved profitability during the fourth quarter due to increased electricity demand.

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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