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Chubu Electric Power Reports Revenue Growth Amid Profit Decline
Chubu Electric Power: 2024 financial results presentation
Chubu Electric Power: Summary of financial results for the fiscal year ending March 31, 2025 [Japanese GAAP] (consolidated)
<Today's main economic Indicators and schedule> Earnings Reports from companies like Hitachi, Komatsu, and JPX.
【Domestic】 ・Earnings Reports = Hitachi <6501.T>, OLC <4661.T>, Mitsubishi Electric <6503.T>, NEC <6701.T>, Komatsu <6301.T>, Tokyo Gas <9531.T>, JPX <8697.T>, Daiwa Securities Group <8601.T>, Chubu Electric <9502.T>, Tokyo Metro <9023.T>, Lasertech <6920.T> 【Overseas】 (Times are in Japan Standard Time) ・23:30 US April Dallas Fed Manufacturing Index ・Canadian general election held ・Earnings Reports = (A
The Nikkei average rose significantly by 488 yen for three consecutive days, but after buying momentum, there were also heavy situations at the upper level = 25 days before the market opened.
In the first half of 25 days ago, the Nikkei average stock price rose significantly by 488.24 yen to 35,527.39 yen, marking a three-day increase. The TOPIX (Tokyo Stock Price Index) also rose by 27.76 points to 2,620.32 points. In the US market on the 24th local time, expectations for trade normalization continued due to a significant decrease in tariffs on China, with the NY Dow and Nasdaq Composite Index both increasing for three consecutive days. Japanese stocks also saw strong buying, with the Nikkei average reaching 35,654.24 yen, up 615.09 yen at 9:38 a.m.
Regarding the fuel cost adjustment for Electricity fees in June 2025.
On April 25, 2025, Chubu Electric Power Miraize Co., Ltd. announced the trade statistics values used for adjusting the fuel costs of electricity rates, finalizing the average fuel prices for January to March 2025. As a result, the company will implement the following fuel cost adjustments for the electricity rates for June 2025. Additionally, for customers with high-voltage and special high-voltage supplies, fuel cost adjustments reflecting the wholesale market unit prices will be implemented. Furthermore, the burden of electricity rates will be alleviated.