Chugoku Electric Power revised its consolidated earnings forecast for the fiscal year ending March 2027 upward. Revenue was raised to ¥1.63 trillion and net income to ¥35 billion, with changes in the revenue outlook for wheeling services and gains on sales of securities expected to contribute.
Chugoku Electric Power revised its consolidated earnings forecast for the fiscal year ending March 2027 upward, setting revenue at ¥1.63 trillion and net income at ¥35 billion. The previous forecasts were ¥1.49 trillion and ¥31 billion, respectively.
The revision was attributed to approval of changes in the revenue outlook for wheeling services and related operations.
In addition, gains on sales of securities and other factors are said to be contributing to higher earnings.
As a result, the full-year earnings outlook was revised upward.