Chubu Electric Power reports 20.9% operating profit decline

Chubu Electric Power Co reported operating profit fell 20.9% to 67.9bn yen in the first quarter ended June 30, while ordinary profit declined 16.1% to 104.8bn yen. Operating revenue dropped 2.5% to 800.3bn yen.

For the full fiscal year 2025, the company forecasts ordinary profit of 230bn yen and operating revenue of 3.55 trillion yen. Annual dividends are projected at 70 yen per share.