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The latest update is out from eREX Co., Ltd. ( (JP:9517) ).
Erex Co., Ltd. reported financial results for the fiscal year ending March 2026 that exceeded both its initial and revised plans, continuing the strong performance trend seen in the prior year. Operating income, pre-tax income, and net income all surpassed targets, supported by growth in aggregation businesses and new initiatives, including participation in long-term decarbonized power source auctions and data center-related projects.
Despite uncertainty over the situation in the Middle East leaving forecasts for the next fiscal year undecided, Erex kept its dividend at 22 yen and reaffirmed its mid- to long-term direction for fiscal 2027–2028. The company also plans a full-scale launch of its overseas business, positioning itself to leverage its biomass and co-firing expertise to support decarbonization and build a more resilient business foundation in Japan and Southeast Asia.
More about eREX Co., Ltd.
Erex Co., Ltd. is a Japanese energy company focused on biomass power generation, fuel supply, and related retail and trading operations. The group is also developing aggregation businesses such as battery energy storage systems and aims to promote decarbonization solutions in Southeast Asia, where electricity demand is rising.
Average Trading Volume: 713,808
Technical Sentiment Signal: Buy
Current Market Cap: Yen75.44B
For an in-depth examination of 9517 stock, go to TipRanks’ Overview page.