In section Market Quotes

Chubu Electric Power Swings to Massive Half-Year Loss

A staggering 280.46 billion yen net loss for the half-year ending September 30 marks a sharp reversal for Chubu Electric Power, contrasting with the 166.38 billion yen profit reported during the same period last year. The Nagoya-based utility provider struggled under mounting financial pressures despite seeing revenue growth.

Chubu Electric Power Swings to Massive Half-Year Loss

The company’s latest financial disclosure reveals that revenue climbed to 1.95 trillion yen, up from 1.75 trillion yen in 2025. However, this top-line expansion failed to offset significant operational deficits. Chubu Electric recorded an operating loss of 78.05 billion yen, a stark departure from the 145.54 billion yen operating profit achieved in the prior year.

Pretax profit also took a substantial hit, sliding to 41.05 billion yen from 196.30 billion yen. These results, calculated under Japanese accounting standards, translate to a per-share loss of 371.25 yen, compared to the previous year's earnings of 220.28 yen per share.

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