FINWIRES · TerminalLIVE
FINWIRES

Kyushu Electric Power Electricity Output, Sales Volume Down YOY

By

-- Japanese utility Kyushu Electric Power Thursday reported lower electricity generation and sales volume for the fiscal year ended March 31.

Electricity produced from own facilities and received from other companies totaled 102.5 terawatt-hours, lower than the previous year's 106.8 TWh.

Production from all sources decreased, with nuclear energy output declining the steepest by 2.2 TWh to 28.6 TWh, as utilization rate dropped 6.3% to 82.3%.

Sales volume also softened year over year to 98.3 TWh from 101.0 TWh. Retail sales dropped 7 TWh to 68.6 TWh, more than offsetting a rise in wholesale volume by 4.2 TWh to 29.6 TWh.

"...although there was a decrease in retail electricity sales volume, there was an increase in profit compared to the previous year due to factors such as an increase in wheeling revenue, and a decrease in fuel costs resulting from lower power generation costs by changes in the energy mix of the thermal power generation," the company said.

For the next fiscal year, the Japanese utility expects retail electricity sales to further drop by 1.5 TWh to 67.1 TWh. It projects wholesale volume to increase by around 800 gigawatt-hours to 30.4 TWh.

These will result in a net reduction of about 800 GWh, bringing total electricity sales to 97.5 TWh.

In terms of nuclear energy output, Kyushu Electric expects a 900 GWh rise to 29.5 TWh, driven by an increase in utilization rate by 2.4% to 84.7%.

Related Articles

Asia

Zenix Robotics Wins KRW3 Billion Heavy-Load AMRs for ESS Transport Contract

Zenix Robotics (KOSDAQ:381620) secured a supply and installation contract for heavy-load autonomous mobile robots for the transport of energy storage systems (ESS) from domestic automated equipment manufacturing firms, according to a Thursday filing with the Korea Exchange.The deal, valued at 3 billion won, is valid till Dec. 31.Shares of Zenix Robotics rose more than 8% at market close.

$KOSDAQ:381620
Research

Research Alert: Crh Q1: 9% Ebitda Beat On Margin Expansion; Capital Redeployed To Higher Growth

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:CRH delivered strong Q1 2026 results with revenues of $7.4B (+9.1% Y/Y, +4.2% vs. consensus) and adjusted EBITDA beating consensus by 9.2% with 18.4% growth to $0.6B as margins expanded 70 bps to 8.0%. The company's diversified portfolio strategy led to differentiated segment performance, with Americas Materials Solutions posting 21% revenue and 75% EBITDA growth, while International Solutions achieved 32% EBITDA growth with 130 bps margin expansion. Management reaffirmed 2026 guidance with net income of $3.9B-$4.1B and adjusted EBITDA of $8.1B-$8.5B. CRH executed aggressive capital allocation with $1.9B of divestitures and $0.9B in acquisitions, including the pending $0.7B Axius Water deal. We expect residential markets to remain challenged by restrictive financing from higher rates and potential hikes if fuel prices trigger inflation. Strong cash generation enabled a 5% dividend increase and $0.3B buyback program, though net debt increased to $15.8B with leverage at 2.0x.

$CRH
Asia

Adani Enterprises Swings to Consolidated Loss in Fiscal Q4

Adani Enterprises (NSE:ADANIENT, BOM:512599) booked a consolidated net loss attributable to the owners of 2.21 billion Indian rupees in the fiscal fourth quarter, compared with a net profit of 38.4 billion rupees a year ago, according to an Indian bourse filing on Thursday.Loss per share for the quarter ended March 31 stood at 1.71 rupees, compared with earnings per share of 32.02 rupees a year earlier.The conglomerate's revenue from operations, however, jumped year on year to 324.4 billion rupees from 269.7 billion rupees, the filing said.Adani Enterprises' board recommended a dividend of 1.30 rupees per share for the fiscal year ended March 31. The dividend will be paid on or after June 30 to shareholders of record June 12.

$BOM:512599$NSE:ADANIENT