Chubu Electric Power revised its consolidated earnings forecast for the fiscal year ending March 2027 upward, indicating that it expects revenue of ¥4.2 trillion. This is higher than its previous forecast of ¥3.9 trillion.
Chubu Electric Power revised its consolidated earnings forecast for the fiscal year ending March 2027 upward. The new revenue forecast is ¥4.2 trillion, exceeding the previous forecast of ¥3.9 trillion.
The revision reflects the impact of fuel prices rising more than expected due to the prolonged situation in the Middle East and other factors.
The revision suggests that higher fuel costs are affecting the company's earnings outlook, but the report provides no details on other factors.