Chubu Electric Power Company (TYO:9502) posted a 50% fall in profit attributable to owners to 202.09 billion yen for the fiscal year ended March, according to a Monday filing on the Tokyo Stock Exchange.
Earnings per share dropped to 267.4 yen from 533.16 yen a year earlier. Operating revenue rose 1.6% to 3.669 trillion yen.
For the year to March 2026, the company forecast attributable profit to fall 8.5% to 185 billion yen, with earnings per share expected to decline to 244.96 yen. Net sales are projected to drop 3.2% to 3.55 trillion yen.
Chubu Electric plans to pay an annual dividend of 60 yen, up from 55 yen a year earlier, and targets a 70 yen dividend for the current fiscal year.
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