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The Kansai Electric Power Company (9503) · RiskAdvanced

Significant increase in costs associated with supply and demand adjustments

First written in FY2022-Q1. 4 of 11 entries say "Worsened", first in FY2022-Q3. Latest entry: FY2026.

11entries
6years
0from disclosures
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ProgressHeldSoftenedWorseWorsenedFY2022-Q1 – FY2023-Q2MitigatedFY2024-Q1 – FY2024-Q3WorsenedFY2025-H1MitigatedFY2026-H1 – FY20262021: 220212022: 320222023: 220232024: 220242025: 120252026: 12026
Same theme, other companies
Increase in balancing market transaction costs in the transmission and distribution businessA theme 2 companies write about · 3 as a headwind · 0 as a tailwind

The Kansai Electric Power Company moved to the "Worse" side of this theme in 2021.

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

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.
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  1. FY2026AdvancedAnnual report

    「On the expense side, ordinary expenses decreased, mainly because costs associated with balancing transactions decreased. As a result, segment profit was ¥63,073 million, an increase of ¥7,278 million, or 13.0%, from the previous consolidated fiscal year.」

    The decrease in costs associated with balancing transactions continued for the full year, and segment profit in the transmission and distribution business increased by 13.0% year on year.
  2. FY2026-H1MitigatedAnnual report

    「On the expense side, ordinary expenses decreased, mainly because costs associated with balancing transactions decreased.」

    Costs associated with balancing transactions, which had increased substantially through the previous interim period, decreased in the current interim period. However, segment profit in the transmission and distribution business decreased by 1.9% year on year.
  3. FY2025-H1WorsenedAnnual report

    「On the expense side, ordinary expenses increased, mainly because costs associated with balancing transactions increased. As a result, segment profit was ¥31,794 million, a decrease of ¥28,020 million, or 46.8%, from the same period of the previous year.」

    Costs associated with balancing transactions, which had decreased in the previous fiscal year, increased again during the current interim consolidated accounting period, and segment profit in the transmission and distribution business decreased by 46.8% year on year.
  4. FY2024-Q3MitigatedAnnual report

    「On the expense side, ordinary expenses decreased, mainly because balancing costs decreased. As a result, segment profit was ¥76,677 million, an increase of ¥127,089 million from the same period of the previous year.」

    Although the substantial increase in balancing costs had continued, costs decreased in the quarter, and segment profit in the transmission and distribution business increased by ¥127,089 million year on year.
  5. FY2024-Q2MitigatedAnnual report

    「On the expense side, ordinary expenses decreased, mainly because balancing costs decreased. As a result, segment profit was ¥59,814 million, an increase of ¥92,313 million from the same period of the previous year.」

    Balancing costs, which had increased substantially through the previous quarter, decreased, and the transmission and distribution business turned from a loss in the same period of the previous year to a profit of ¥59,814 million.
  6. FY2024-Q1MitigatedAnnual report

    「On the expense side, ordinary expenses decreased, mainly because balancing costs decreased. As a result, segment profit was ¥15,893 million, an increase of ¥32,377 million from the same period of the previous year.」

    Although the substantial increase in balancing costs had continued, costs decreased in the quarter, and the transmission and distribution business turned from a segment loss in the same period of the previous year to a profit of ¥15,893 million.
  7. FY2023-Q2WorsenedAnnual report

    「On the expense side, ordinary expenses increased, mainly because balancing costs increased substantially due in part to surging fuel prices. As a result, the segment loss was ¥32,498 million, a decline of ¥46,263 million from the same period of the previous year.」

    The substantial increase in balancing costs, affected by surging fuel prices, continued, and the transmission and distribution business posted a segment loss of ¥32,498 million.
  8. FY2023-Q1WorsenedAnnual report

    「On the expense side, ordinary expenses increased, mainly because balancing costs increased substantially due in part to surging fuel prices. As a result, the segment loss was ¥16,483 million, a decline of ¥12,245 million from the same period of the previous year.」

    The substantial increase in balancing costs, affected by surging fuel prices, continued, and the transmission and distribution business deteriorated from a loss of ¥4,238 million in the same period of the previous year to a loss of ¥16,483 million.
  9. FY2022-Q3WorsenedAnnual report

    「On the expense side, ordinary expenses increased, mainly because balancing costs increased substantially. As a result, segment profit was ¥1,199 million, a decrease of ¥26,602 million, or 95.7%, from the same period of the previous year.」

    The substantial increase in balancing costs continued, and segment profit in the transmission and distribution business decreased by 95.7% year on year.
  10. FY2022-Q2MaterialisedAnnual report

    「On the expense side, ordinary expenses increased, mainly because balancing costs increased substantially.」

    The substantial increase in balancing costs continued in the quarter, and segment profit in the transmission and distribution business decreased by 57.0% year on year.
  11. FY2022-Q1MaterialisedAnnual report

    「On the expense side, ordinary expenses increased, mainly because balancing costs increased substantially.」

    The sharp increase in balancing costs occurred in the transmission and distribution business and was cited as a factor behind the segment loss of ¥4,238 million.
Moved together

"Increase in Fuel Costs Due to Fuel Price and Exchange-Rate Fluctuations" moved the same way as this thread, in the same document, in 7 of its 11 moves.

766654★123456
  1. ★This thread
  2. 1Increase in Fuel Costs Due to Fuel Price and Exchange-Rate Fluctuations7×
  3. 2Increase in Fuel Costs for Substitute Thermal Power Generation Due to Prolonged Nuclear Power Plant Outages6×
  4. 3Ordinary Profit, Equity Ratio, and ROA Targets for FY2018 and FY20256×
  5. 4Decline in nuclear capacity utilization and decrease in nuclear power generation6×
  6. 5Interest Rate Risk Associated with Interest-Bearing Debt5×
  7. 6Nuclear Plant Restarts with Safety as the Top Priority and Safe, Stable Operations4×

★ 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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Significant increase in costs associated with supply and demand adjustments | The Kansai Electric Power Company,Incorporated (9503) | Komori