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The Kansai Electric Power Company (9503) · FactWorsened

Decline in nuclear capacity utilization and decrease in nuclear power generation

First written in FY2021-Q3. 6 of 14 entries say "Worsened", first in FY2022-Q1. Latest entry: FY2026.

14entries
6years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2022-Q2 – FY2022-Q3WorsenedFY2023-Q1 – FY2023-Q2AdvancedFY2024-Q1 – FY2025-H1WorsenedFY2026-H1 – FY20262021: 320212022: 320222023: 220232024: 320242025: 120252026: 22026
Same theme, other companies
Reduction in nuclear generation volumes due to lower utilization ratesA theme 2 companies write about · 2 as a headwind · 0 as a tailwind

The Kansai Electric Power Company moved to the "Worse" side of this theme in 2025.

0 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Nuclear power generation 48,634 46,009 94.6」

    While all 7 units continued operating, full-year nuclear power generation was 94.6% of the year-earlier period, declining from the previous fiscal year.
  2. 2026-04-30WorsenedEarnings

    「Nuclear power generation 48,634 46,009 94.6」

    Nuclear power generation fell to 94.6% of the previous fiscal year’s level, continuing the decline after the uptrend through the prior fiscal year.
  3. FY2026-H1WorsenedAnnual report

    「Nuclear power generation 26,000 21,120 81.2」

    Nuclear power generation declined to 81.2% of the year-earlier period, reversing the increase seen through the previous fiscal year into a decline.
  4. FY2025-H1AdvancedAnnual report

    「Nuclear power generation 21,535 26,000 120.7」

    Nuclear power generation was 120.7% of the year-earlier period, increasing from the year-earlier period.
  5. FY2024AdvancedAnnual report

    「Nuclear power generation increased from 26,544 million kWh to 42,085 million kWh, reaching 158.5% of the previous fiscal year.」

    Nuclear power generation increased to 158.5% of the year-earlier period, against a backdrop of a higher nuclear capacity factor and the operation of all 7 units.
  6. FY2024-Q3AdvancedAnnual report

    「Nuclear power generation 17,052 31,693 185.9」

    Nuclear power generation was 185.9% of the year-earlier period, increasing from the year-earlier period.
  7. FY2024-Q2MitigatedAnnual report

    「Nuclear power generation 9,285 21,535 231.9」

    Nuclear power generation was 231.9% of the year-earlier period, mitigating the impact of the decline in the nuclear capacity factor and nuclear power generation that had continued through the previous period.
  8. FY2024-Q1MitigatedAnnual report

    「Nuclear power generation 3,968 10,731 270.5」

    Nuclear power generation was 270.5% of the year-earlier period, mitigating the impact of the decline in the nuclear capacity factor and nuclear power generation noted through the previous period.
  9. FY2023-Q2WorsenedAnnual report

    「Nuclear power generation (million kWh) 16,411 9,285 56.6」

    Nuclear power generation was 56.6% of the year-earlier period, declining from 16,411 million kWh to 9,285 million kWh.
  10. FY2023-Q1WorsenedAnnual report

    「Nuclear power generation (million kWh) 6,016 3,968 66.0」

    Nuclear power generation declined from 6,016 million kWh in the year-earlier period to 3,968 million kWh, or 66.0% of the year-earlier period. The decline in the nuclear capacity factor is also cited in the operating results as a factor behind higher thermal fuel costs.
  11. FY2022-Q3MitigatedAnnual report

    「Nuclear power generation 12,926 25,882 200.2」

    Nuclear power generation increased to 200.2% of the year-earlier period, and the impact of the decline in the nuclear capacity factor noted through the previous quarter has weakened.
  12. FY2022-Q2MitigatedAnnual report

    「Nuclear power generation (million kWh) 11,897 16,411 137.9」

    Nuclear power generation increased from 11,897 million kWh in the year-earlier period to 16,411 million kWh, or 137.9% of the year-earlier period. The impact of the decline in the nuclear capacity factor noted through the previous quarter has weakened.
  13. FY2022-Q1WorsenedAnnual report

    「Nuclear power generation (million kWh) 6,985 6,016 86.1」

    Nuclear power generation declined from 6,985 million kWh in the year-earlier period to 6,016 million kWh, or 86.1% of the year-earlier period.
  14. FY2021-Q3First statedAnnual report

    「Nuclear power generation (million kWh) 20,283 12,926 63.7」

    Nuclear power generation during the cumulative period of the first three quarters of fiscal 2020 was 12,926 million kWh, or 63.7% of the year-earlier period. The description of the power generation and retail business also mentions the decline in the nuclear capacity factor.
Moved together

"Increase in Fuel Costs for Substitute Thermal Power Generation Due to Prolonged Nuclear Power Plant Outages" moved the same way as this thread, in the same document, in 12 of its 14 moves.

1277666★123456
  1. ★This thread
  2. 1Increase in Fuel Costs for Substitute Thermal Power Generation Due to Prolonged Nuclear Power Plant Outages12×
  3. 2Expansion of Information and Communications Services Leveraging Fiber-Optic Infrastructure7×
  4. 3Guarantee obligations relating to borrowings and other obligations and power purchase and sale agreements7×
  5. 4Nuclear Plant Restarts with Safety as the Top Priority and Safe, Stable Operations6×
  6. 5Strengthening the Competitiveness of the Integrated Energy Business6×
  7. 6Development of Energy-Efficient Real Estate and Lifestyle-Related Services6×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
The Kansai Electric Power Company's next results are scheduled for 2026-10-29. Read the earnings preview It last moved in the Earnings of 2026-04-30: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Decline in nuclear capacity utilization and decrease in nuclear power generation | The Kansai Electric Power Company,Incorporated (9503) | Komori