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9 of 10 Major Japan Power Firms Log Net Profit Drops in April-Sept.

9 of 10 Major Japan Power Firms Log Net Profit Drops in April-Sept.

   Tokyo, Nov. 1 (Jiji Press)--Nine of Japan's 10 major power suppliers saw their net profit fall in the first half of fiscal 2024 through next March, due to the delayed impact of falling fuel costs on electricity rates, according to their latest earnings reports.
   The nine are Hokkaido Electric Power Co., Tohoku Electric Power Co., Tokyo Electric Power Company Holdings Inc., Chubu Electric Power Co., Hokuriku Electric Power Co., Kansai Electric Power Co., Chugoku Electric Power Co., Shikoku Electric Power Co., and Kyushu Electric Power Co.

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AFP-JIJI PRESS NEWS JOURNAL


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