Chugoku Electric Power Holds FY 2026 Dividend, Sets DOE-Based Policy and Higher Payout for FY 2027

Chugoku Electric Power Co ( (JP:9504) ) has provided an announcement.

The Chugoku Electric Power Co. will maintain its annual dividend for the fiscal year ended March 31, 2026 at 27 yen per share, with a year-end payout of 17 yen, in line with prior guidance and emphasizing stability and predictability as it enters the execution phase of its Chugoku Electric Power Group Corporate Vision 2040. This compares with an unchanged total payout but a shift in the interim and year-end split from the previous year, reflecting a dividend policy that has so far used a 12% dividend ratio guideline.

From the fiscal year ending March 31, 2027, the utility will introduce a dividend-on-equity metric to anchor its shareholder return policy as it works to rebuild its balance sheet, initially targeting a 2% DOE while commercial operations at Shimane Nuclear Power Station Unit 3 are still pending. For FY 2027 it forecasts an increased annual dividend of 30 yen per share, split evenly between interim and year-end payments and corresponding to an expected DOE of about 1.5%, signaling gradual enhancement of returns alongside efforts to restore its financial base.

More about Chugoku Electric Power Co

The Chugoku Electric Power Co., Inc. is a Japanese electric utility supplying power primarily to the Chugoku region, operating generation assets including nuclear facilities and focusing on stable electricity provision. Listed on the Prime Market of the Tokyo Stock Exchange, the company manages its capital policy to balance shareholder returns with rebuilding its financial base.

Average Trading Volume: 1,877,156

Technical Sentiment Signal: Buy

Current Market Cap: Yen338.8B

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