The Kansai Electric Power Company, Incorporated logo

The Kansai Electric Power Company, Incorporated

9503.T

JPXUtilitiesRenewable Utilities

Latest quote

¥2,582

−¥28.00 · -1.07%

Aug 24, 3:30 PM JST

9503.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

The Kansai Electric Power Company, Incorporated (KEPCO) is a major Japanese enterprise with a diversified portfolio spanning electricity, gas, heat supply, and telecommunication services nationwide. The company operates through four principal segments: Energy Business, Power Transmission and Distribution Business, Information and Communication Business, and Life and Business Solution Business. KEPCO generates power from a variety of sources, including thermal, hydropower, wind, biomass, and nuclear facilities. It is also responsible for the extensive infrastructure involved in power transmission and distribution. Under its Information and Communication segment, KEPCO offers internet and communication services for homes and businesses via the 'eo Hikari' brand, and mobile services through its 'mineo' business. This segment also provides corporate solution services. The broad Life and Business Solution segment includes activities such as real estate leasing, sales, and management, alongside a range of other services like leisure, general leasing, call center management, dispatching, medical healthcare, and home security systems. Beyond these core operations, KEPCO is involved in numerous other ventures. These encompass the maintenance and construction of essential infrastructure, including power distribution and electricity lines, thermal and nuclear power generation facilities, and information and communication equipment. The company also engages in utility pole advertising, the manufacturing, supply, and sale of gas, and the production and distribution of power equipment such as overhead wire hardware, insulators, and structural columns. Additional activities include housing equipment sales, remodeling work, and passenger and freight transportation. Furthermore, KEPCO provides specialized services, including research into nuclear power generation safety technology, civil engineering and architectural survey, design, and construction supervision. Its operations also cover the acceptance, storage, vaporization, and delivery of liquefied natural gas (LNG), high-voltage batch power reception for condominiums, fuel trading and transportation, and corporate settlement services. The company offers environmental, civil engineering, and architectural survey, analysis, consulting, and construction services, as well as public relations and various engineering services. The Kansai Electric Power Company, Incorporated was founded in 1951 and is headquartered in Osaka, Japan.

Industry
Renewable Utilities
Sector
Utilities
Headquarters
JP
CEO
Nozomu Mori
Listed since
May 1, 1951
Employees
32,482

Market position

Day range

Current ¥2,582

52-week range

Current ¥2,582

Open
¥2,570.5
Previous close
¥2,610
Volume
3.19M
0.82× average
Average volume
3.89M
Average daily volume
Market cap
2.88T JPY
Beta
0.2
Market reference 1
50-day average
¥2,351.9
+9.78% above average
200-day average
¥2,468
+4.62% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
6.88×
P/B (TTM)
0.81×
P/S (TTM)
0.69×
Dividend yield
2.90%

Profitability & efficiency

Gross margin
7.93%
Operating margin
7.99%
Net margin
10.08%

Financial health

Debt / equity
1.23×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends27%17%6%-4%Gross margin, FY2022: 12.99%Gross margin, FY2023: 5.41%Gross margin, FY2024: 24.67%Gross margin, FY2025: 17.72%Gross margin, FY2026: 10.79%Operating margin, FY2022: 3.49%Operating margin, FY2023: -1.30%Operating margin, FY2024: 18.00%Operating margin, FY2025: 10.84%Operating margin, FY2026: 10.83%Net margin, FY2022: 3.01%Net margin, FY2023: 0.45%Net margin, FY2024: 10.89%Net margin, FY2025: 9.69%Net margin, FY2026: 9.37%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 12.99%. Gross margin FY2023 5.41%. Gross margin FY2024 24.67%. Gross margin FY2025 17.72%. Gross margin FY2026 10.79%. Operating margin FY2022 3.49%. Operating margin FY2023 -1.30%. Operating margin FY2024 18.00%. Operating margin FY2025 10.84%. Operating margin FY2026 10.83%. Net margin FY2022 3.01%. Net margin FY2023 0.45%. Net margin FY2024 10.89%. Net margin FY2025 9.69%. Net margin FY2026 9.37%.

Income trends

Revenue

4.06T JPY-6.47%

Operating income

439.38B JPY-6.58%

Net income

380.05B JPY-9.59%
Income trends across reported periods4.78T JPY3.02T JPY1.27T JPY−490.05B JPYRevenue, FY2022: 2.85T JPYRevenue, FY2023: 3.95T JPYRevenue, FY2024: 4.06T JPYRevenue, FY2025: 4.34T JPYRevenue, FY2026: 4.06T JPYOperating income, FY2022: 99.46B JPYOperating income, FY2023: −51.22B JPYOperating income, FY2024: 730.52B JPYOperating income, FY2025: 470.35B JPYOperating income, FY2026: 439.38B JPYNet income, FY2022: 85.84B JPYNet income, FY2023: 17.68B JPYNet income, FY2024: 441.87B JPYNet income, FY2025: 420.37B JPYNet income, FY2026: 380.05B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 2.85T JPY. Revenue FY2023 3.95T JPY. Revenue FY2024 4.06T JPY. Revenue FY2025 4.34T JPY. Revenue FY2026 4.06T JPY. Operating income FY2022 99.46B JPY. Operating income FY2023 −51.22B JPY. Operating income FY2024 730.52B JPY. Operating income FY2025 470.35B JPY. Operating income FY2026 439.38B JPY. Net income FY2022 85.84B JPY. Net income FY2023 17.68B JPY. Net income FY2024 441.87B JPY. Net income FY2025 420.37B JPY. Net income FY2026 380.05B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue4.06T JPY4.34T JPY4.06T JPY3.95T JPY2.85T JPY
Cost of goods sold3.62T JPY3.57T JPY3.06T JPY3.74T JPY2.48T JPY
Gross profit437.56B JPY768.36B JPY1T JPY213.81B JPY370.44B JPY
Research and development11.83B JPY9.73B JPY10.5B JPY10.82B JPY
Selling, general, and administrative287.65B JPY262.65B JPY255.36B JPY260.3B JPY
Operating expenses−1.82B JPY298.01B JPY270.8B JPY265.03B JPY270.98B JPY
Interest income9.89B JPY8.98B JPY6.05B JPY2.15B JPY1.15B JPY
Interest expense42.68B JPY35.04B JPY29.06B JPY24.32B JPY20.17B JPY
Depreciation and amortization338.34B JPY342.24B JPY354.78B JPY330.56B JPY316.74B JPY
Operating income439.38B JPY470.35B JPY730.52B JPY−51.22B JPY99.46B JPY
Net income380.05B JPY420.37B JPY441.87B JPY17.68B JPY85.84B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+138.92%
11 comparable reports
Latest EPS result
123.02
Estimate 109.93 · Beat by 11.91%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates150.97101.4151.852.3Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 31, 2025: actual 139.99, estimate 68.1, surprise +105.57%, Beat. Q2 2025, reported Apr 30, 2025: actual 38.14, estimate 2.7, surprise +1312.59%, Beat. Q3 2025, reported Jul 30, 2025: actual 89.01, estimate 95.6, surprise -6.89%, Miss. Q4 2025, reported Oct 30, 2025: actual 120.07, estimate 105.3, surprise +14.03%, Beat. Q1 2026, reported Jan 30, 2026: actual 96.29, estimate 84.5, surprise +13.95%, Beat. Q2 2026, reported Apr 30, 2026: actual 35.24, estimate 29.06, surprise +21.27%, Beat. Q3 2026, reported Jul 31, 2026: actual 123.02, estimate 109.93, surprise +11.91%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 84.3, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.35T1.19T1.03T865.9BQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 31, 2025: actual 1.02T JPY, estimate 1.09T JPY, surprise -6.56%, Miss. Q2 2025, reported Apr 30, 2025: actual 1.18T JPY, estimate 1.3T JPY, surprise -8.70%, Miss. Q3 2025, reported Jul 30, 2025: actual 917.79B JPY, estimate 1.01T JPY, surprise -8.81%, Miss. Q4 2025, reported Oct 30, 2025: actual 1.09T JPY, estimate 1.06T JPY, surprise +3.06%, Beat. Q1 2026, reported Jan 30, 2026: actual 941B JPY, estimate 1.03T JPY, surprise -8.66%, Miss. Q2 2026, reported Apr 30, 2026: actual 1.09T JPY, estimate 1.28T JPY, surprise -14.59%, Miss. Q3 2026, reported Jul 31, 2026: actual 1.01T JPY, estimate 998.48B JPY, surprise +0.95%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 1.23T JPY, surprise —, Comparison unavailable.

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