Japan's JERA posts 5.2% rise in annual profit

Chubu Electric Power Co

27/04/2026 03:27

TOKYO, April 27 (Reuters) - JERA, Japan's biggest power generation utility, on Monday said its profit for the fiscal year that ended in March rose 5.2% from a year earlier to 193.5 billion yen ($1.21 billion).

The increase was supported by a boost in JERA's overseas power generation and renewable energy business, among other factors, the company said.

JERA, also Japan's biggest buyer of liquefied natural gas, did not disclose its performance forecast for the current fiscal year, citing market uncertainty due to the U.S.-Israeli war on Iran and resulting closure of the Strait of Hormuz, through which about 20% of the world's oil and LNG passes.

($1 = 159.3200 yen)

 (Reporting by Katya Golubkova; Editing by Thomas Derpinghaus)

 ((jekaterina.golubkova@thomsonreuters.com;))