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The Kansai Electric Power Company (9503) · TargetRestated

Electricity rate reductions following the start of full-scale operation of the nuclear power plant

First written in FY2017. 5 of 10 entries say "Restated". Latest entry: FY2026-H1.

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ProgressHeldSoftenedWorseRestatedFY2019-Q1 – FY2019-Q3AchievedFY2021-Q2 – FY2024-Q12017: 220172018: 420182019: 120192020: 120202021: 020212022: 020222023: 120232024: 020242025: 12025
Same theme, other companies
Electricity rate cuts after nuclear power plant operations beginA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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Full recordFilings, disclosures and news, newest first
  1. FY2026-H1RestatedAnnual report

    「① Total dividend amount: ¥33,447 million ② Dividend per share: ¥30 ③ Record date: 30 September 2025 ④ Effective date: 28 November 2025」

    The interim dividend with a record date at the end of September 2025 was ¥30 per share, unchanged from ¥30 in the previous interim period.
  2. FY2024-Q1AchievedAnnual report

    「At the annual general meeting of shareholders held on 28 June 2023, the following resolution was passed: ・Matters concerning dividends on common shares ① Total dividend amount: ¥22,331 million ② Dividend per share: ¥25 ③ Record date: 31 March 2023 ④ Effective date: 29 June 2023 ⑤ Source of dividend: Retained earnings」

    For the fiscal 2022 year-end dividend, a payment of ¥25 per share, totaling ¥22,331 million, was approved and became effective on 29 June 2023.
  3. FY2021-Q2AchievedAnnual report

    「At a meeting of the Board of Directors held on 29 October 2020, the company resolved the following matters concerning the interim dividend for the 97th fiscal year payable to shareholders or registered share pledgees listed or recorded in the final shareholder register as of 30 September 2020.」

    An interim dividend was resolved during the quarter while electricity rate reductions following the full-scale operation of the nuclear power stations continued.
  4. FY2019-Q3RestatedAnnual report

    「In the electric power business, electricity sales volumes increased, but lighting and power revenue declined due to electricity rate reductions and other factors. However, inter-area and third-party electricity sales revenue increased as inter-area and third-party electricity sales volumes rose. Consequently, sales revenue from external customers was ¥1,945,752 million, an increase of ¥55,898 million, or 3.0%, from the same period of the previous year.」

    Electricity rate reductions continue to be cited as a factor behind the decline in lighting and power revenue, and disclosures regarding the implementation of rate reductions continue.
  5. FY2019-Q2RestatedAnnual report

    「In the electric power business, electricity sales volumes increased, but lighting and power revenue declined due to electricity rate reductions and other factors. However, inter-area and third-party electricity sales revenue increased as inter-area and third-party electricity sales volumes rose. Consequently, sales revenue from external customers was ¥1,331,264 million, an increase of ¥25,926 million, or 2.0%, from the same period of the previous year.」

    Electricity rate reductions continue to be cited as a factor behind the decline in lighting and power revenue.
  6. FY2019-Q1RestatedAnnual report

    「On the revenue side, in the electric power business, lighting and power revenue declined due to lower electricity sales volumes and electricity rate reductions. However, electricity sales revenue to other companies increased as inter-area and third-party electricity sales volumes rose, while sales revenue from the gas and other energy business also increased. As a result, sales revenue, or operating revenue, was ¥735,536 million, an increase of ¥12,067 million, or 1.7%, from the same period of the previous year.」

    Electricity rate reductions continue to be cited as a factor behind the decline in lighting and power revenue.
  7. FY2018AdvancedAnnual report

    「In the electric power business, lighting and power revenue declined due to lower electricity sales volumes and electricity rate reductions. However, sales revenue increased due to higher wheeling revenue and electricity sales revenue to other companies. Sales revenue was ¥2,596,114 million, an increase of ¥39,522 million, or 1.5%, from the previous consolidated fiscal year.」

    The impact of electricity rate reductions on full-year lighting and power revenue was reflected in the results, indicating that rate reductions are being implemented.
  8. FY2018-Q3RestatedAnnual report

    「In the electric power business, lighting and power revenue declined due to lower electricity sales volumes and electricity rate reductions. However, sales revenue from electricity sold to other companies increased, including wheeling revenue and electricity sales revenue to other companies. Consequently, sales revenue from external customers was ¥1,889,854 million, an increase of ¥6,789 million, or 0.4%, from the same period of the previous year.」

    Electricity rate reductions continue to be cited as a factor behind the decline in lighting and power revenue.
  9. FY2018-Q2AdvancedAnnual report

    「On the revenue side, lighting and power revenue declined due to lower electricity sales volumes and electricity rate reductions. However, wheeling revenue and electricity sales revenue to other companies increased, as did operating revenue from other businesses, including gas and other energy and information and communications. As a result, sales revenue, or operating revenue, was ¥1,548,597 million, an increase of ¥33,286 million, or 2.2%, from the same period of the previous year.」

    Electricity rate reductions are cited as a factor behind the decline in actual lighting and power revenue, indicating that rate reductions are being implemented. However, the disclosure does not state that the overall target following the full-scale operation of the nuclear power stations has been achieved.
  10. FY2017First statedAnnual report

    「The company will promptly reduce electricity rates after Takahama Power Station Units 3 and 4 and Oi Power Station Units 3 and 4 achieve full-scale operations.」

    The company explicitly states that rate reductions are conditional on nuclear power stations achieving full-scale operations.
Moved together

"Comprehensive Management Efficiency Improvements" moved the same way as this thread, in the same document, in 3 of its 10 moves.

333332★123456
  1. ★This thread
  2. 1Comprehensive Management Efficiency Improvements3×
  3. 2¥25 Per-Share Dividend Following Two Consecutive Profitable Periods and Improved Financial Position3×
  4. 3Providing Optimal Energy Solutions Through Gas and Utility Services3×
  5. 4Ordinary Profit, Equity Ratio, and ROA Targets for FY2018 and FY20253×
  6. 5Decline in Gas Selling Prices and Volumes3×
  7. 6Nuclear Plant Restarts with Safety as the Top Priority and Safe, Stable Operations2×

★ 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.

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The Kansai Electric Power Company's next results are scheduled for 2026-10-29. Read the earnings preview
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Electricity rate reductions following the start of full-scale operation of the nuclear power plant | The Kansai Electric Power Company,Incorporated (9503) | Komori