The Kansai Electric Power Company (9503) Q2 2027 earnings summary

Executive summary

• H1 revenue ¥2,235,106 million, up 11.3% YoY; operating profit ¥83,225 million, down 69.9%, ordinary profit ¥111,550 million, down 64.6%, and parent profit ¥182,995 million, down 21.4%.

• H1 profit comparisons include a ¥105,077 million affiliate-share sale gain recorded as extraordinary income in the prior-year period.

Financial highlights

• H1 comprehensive income was ¥210,810 million versus ¥235,530 million YoY; profit attributable to owners of parent was ¥182,995 million versus ¥232,931 million.

• Total assets were ¥9,961,333 million at September 30, 2026, versus ¥9,854,646 million at March 31, 2026; net assets were ¥3,662,947 million versus ¥3,502,744 million.

Outlook and guidance

• FY ending March 31, 2027 forecast: revenue ¥4,500,000 million, up 10.9% YoY; operating profit ¥250,000 million, down 42.9%; ordinary profit ¥290,000 million, down 44.1%; parent profit ¥310,000 million, down 18.4%.

• Forecast basic EPS is ¥278.23; financial forecasts were unchanged from the most recently announced outlook.