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Tokyo Brief東 京 ブ リ ー フJapan's day, wrapped and delivered by morning.

Japan Energy & Utilities Company News

Earnings, deals and disclosures from Japan's listed energy & utilities companies, in English.

  1. Kansai Electric's ordinary profit falls to ¥111.6bn as bought-in power and fuel costs jump

    Kansai Electric's net profit fell to ¥183.0bn, helped by a ¥105.1bn disposal gain, while ordinary profit dropped to ¥111.6bn and operating cash flow turned to a ¥138.7bn outflow as purchased-power and fuel costs rose.

  2. ENEOS's ¥706bn half-year profit leans on inventory gains as renewables take a ¥111.8bn hit

    ENEOS's reported April-to-September operating profit of ¥706.1bn falls to ¥443.8bn excluding inventory effects, and its renewables segment took ¥111.8bn of impairments while the $758mn TPC Holdings purchase closed.

  3. Renova locks in a 25-year Tokyo Gas contract for a wind farm still under construction

    Renova has contracted all output of its 54.6MW Kumamoto wind project to Tokyo Gas for 25 years at above the feed-in tariff, though the price is undisclosed and the plant is not yet running.

  4. ENEOS lifts profit guide by ¥300bn even after a ¥111.8bn renewables write-off

    ENEOS raised its forecast operating profit to ¥910bn on oil earnings, while a ¥111.8bn renewables impairment, booked after it tightened its new development policy, cut attributable profit by ¥97.8bn.

  5. Cosmo Energy's ¥147bn half-year profit comes with negative cash flow and an unchanged forecast

    Cosmo Energy's ¥147.4bn half-year net profit already exceeds its ¥44.0bn full-year forecast, but operating cash flow was negative ¥1.2bn as inventories grew, and management left the annual guidance unchanged.

  6. BP Castrol K.K. gets new parents as Stonepeak deal closes, but its 64.9% voting block is unchanged

    BP p.l.c. is no longer BP Castrol K.K.'s parent after the Stonepeak sale closed on October 30, though the Tokyo-listed unit's indirect 64.9% voting-rights block is unchanged and bp-brand sales are set to continue.

  7. TEPCO swings to an operating loss and withholds full-year guidance

    TEPCO's ¥52.7bn interim net profit follows a ¥712.4bn loss a year earlier, but the business posted a ¥33.7bn operating loss and negative operating cash flow, and the full-year forecast stays undecided.

  8. Osaka Gas raises sales forecast, holds profit guidance as fuel-cost lag bites

    Osaka Gas raised its full-year sales forecast by ¥84bn to ¥2.25tn while holding ordinary profit guidance at ¥190bn, after a delay in passing fuel costs into gas tariffs cut interim ordinary profit by 21.6%.

  9. Chubu Electric takes ¥370.3bn nuclear charge after withdrawing Hamaoka applications

    Chubu Electric wrote off its nuclear power business assets, a ¥370.3bn special loss, after withdrawing Hamaoka Units 3 and 4 permit applications, and now forecasts a ¥215.0bn net loss for the year to March 2027.

  10. Court dismisses suit seeking permanent shutdown of Chubu Electric's Hamaoka units 3 to 5

    A Shizuoka court has rejected the claims of 34 residents who sued in 2011 to end operations at Hamaoka units 3 to 5, and Chubu Electric says the ruling does not affect its results.

  11. ENEOS closes TPC deal at an estimated US$758mn as operating unit's profit fell

    ENEOS has completed its purchase of TPC Holdings at an estimated US$758mn, taking on a North American butadiene supplier whose operating subsidiary, TPC Group, saw operating profit fall to US$25mn in 2025 from US$118mn a year earlier.

  12. ENEOS to buy out Goldman Sachs and take full ownership of NIPPO

    ENEOS will buy the 65% of NIPPO's holding company that Goldman Sachs vehicles own, citing asphalt supply ties and a changed growth strategy; the notice gives no price, and the share transfer is planned for November 2026.

  13. MORESCO nearly doubles its operating-profit guide to ¥4.5bn

    MORESCO raised its full-year operating-profit forecast from ¥2.4bn to ¥4.5bn, citing price corrections, higher car output outside China and data-centre disk lubricants, and lifted its year-end dividend forecast to ¥70 a share.

  14. Kansai Electric Traces Mihama 3 Leak to an Upside-Down Cover Plate Fitted in 2010

    Kansai Electric estimates that rainwater entering past an upside-down cover plate, fitted in 2010, corroded a Mihama Unit 3 pipe through; it plans to restart the reactor on October 10 and resume full operation on November 4.

  15. Hokkaido Electric puts ¥125.5bn price on Tomari seawall due August 2027

    Hokkaido Electric Power says the Tomari seawall will cost ¥125.5bn and still finish in August 2027, with schedule pressure from overlapping safety works in a cramped site and no earnings impact yet disclosed.

  16. Kansai Electric Sets Kanto Low-Voltage Prices for November: Fixed Charges Rise, Per-kWh Rates Edge Up

    Kansai Electric's Kanto Hapi e Plus basic charge goes to ¥1,071.65 from ¥830.72 for contracts of 6kW or less on November 1, while its per-kWh rates move only slightly, in line with revised wheeling terms.

  17. Kyushu Electric's chairman and president move up to a new holding company

    A sole share transfer created a pure holding company above Kyushu Electric Power on October 1, the same date its former chairman and president took the same posts at the parent and a 1990 joiner became the utility's president.

  18. JAPEX closes $278mn Colorado and Wyoming oil purchase, funding most of it with reserve-backed debt

    JAPEX has completed its $278mn purchase of four Colorado and Wyoming tight oil and gas companies, borrowing about $220mn against confirmed reserves for assets that sit near the Verdad holdings it bought in February.

  19. Shikoku Electric Passes Grid Charge Rise to Households From November

    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.

  20. Kansai Electric Puts Numbers on November Tariff Rise: Sample Low-Voltage Bills Up 4.3% to 6.9%

    Kansai Electric's modeled low-voltage bills rise 4.3% to 6.9% from 1 November as revised grid charges pass through, while sample high-voltage users on the current standard menu see 2.3% to 2.9% and extra-high-voltage examples 0.5%.

  21. Tohoku Electric to Raise Power Rates for All Customers From November

    Tohoku Electric will raise electricity rates for every customer class from November 1, adding ¥485 a month to a typical household bill and around ¥17,000 to an office or commercial building's, as its grid subsidiary's revised wheeling charges take effect the same day. The company expects the change to improve group earnings by roughly ¥30bn this fiscal year, but has not folded that into full-year guidance.

  22. Chugoku Electric Decides on ¥149.0bn GX-Guaranteed Loan for Shimane Nuclear Safety Work

    Chugoku Electric Power will borrow ¥149.0bn from eight banks under a GX Promotion Organization guarantee to fund safety construction at Shimane Unit 3 and a turbine rebuild at a hydropower plant in Ochi District, Shimane Prefecture, with the loan contract due September 28 and disbursement scheduled two days later.

  23. Hokkaido Electric to Raise Typical Household Bill 4.3% as Grid Fee Rises From November

    Hokkaido Electric is raising regulated and liberalized electricity tariffs from November 1, lifting a standard household bill from ¥11,115 to ¥11,596 as it passes through a higher grid-usage fee set by the region's grid operator.

  24. Kansai Electric Halts Mihama Unit 3 Reactor Over a Leak It Could Not Isolate

    Kansai Electric powered down the Mihama Unit 3 reactor after workers found water dripping at three drops a second from a feedwater-heater valve fitting they could not isolate without a shutdown, and the utility has not set a restart date or identified a cause.

Japan Energy & Utilities Stocks: Company News and Filings