Latest Tokyo Brief coverage on Shikoku Electric Power Company, Incorporated, tracking filings, financial news, and market signals from Japan.
TSE:9507
Shikoku Electric will raise all low-voltage plans from 1 November to pass on higher wheeling charges, with sample household bills up ¥478 to ¥777 a month and an earnings effect it expects to track the grid arm's ¥23.9bn annual gain.
Shikoku Electric Power Transmission & Distribution will lift wheeling charges across every voltage class from November 1, adding a net ¥33.8bn to projected revenue over two years, but the parent utility still has not decided how much of that increase reaches retail electricity bills.
A quarter of the ¥32.12bn spent buying up Shikoku Electric Power shares was borrowed, and more than 10 million of the acquired shares are already pledged to two banks as collateral.
METI has approved a revised wheeling-charge revenue forecast for Shikoku Electric Power Transmission & Distribution, with new unit prices due from November 2026, but the parent still hasn't decided whether the revision will reach retail electricity bills.
Current holdings disclosed by tracked funds.