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Erex Sets Three-Year Mid-Term Plan Targeting Higher Revenue and Profit

Story Highlights
  • Erex Co., Ltd., a Japanese power supplier, plans steady growth in sales and profits through 2029.
  • The mid-term plan targets rising revenue and earnings, signaling confidence in Erex’s market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Erex Sets Three-Year Mid-Term Plan Targeting Higher Revenue and Profit

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eREX Co., Ltd. ( (JP:9517) ) just unveiled an announcement.

Erex Group has unveiled a new mid-term business plan covering the fiscal years ending March 31, 2027 to March 31, 2029, outlining a growth trajectory in revenue and profitability. The company projects consolidated net sales to rise from ¥174.9 billion in fiscal 2027 to ¥208.3 billion in fiscal 2029, with operating income expected to increase from ¥8.5 billion to ¥11.3 billion and net income attributable to owners of the parent climbing from ¥5.5 billion to ¥9.5 billion over the same period.

The plan signals management’s intention to steadily strengthen earnings capacity and scale in its energy operations, suggesting a more robust financial base that could support further investment and strategic initiatives. While the company cautions that the figures are subject to change depending on future conditions, the outlined targets indicate confidence in demand and Erex’s competitive positioning in Japan’s evolving power market, with potential implications for shareholder returns and capital allocation policies.

The most recent analyst rating on (JP:9517) stock is a Hold with a Yen708.00 price target. To see the full list of analyst forecasts on eREX Co., Ltd. stock, see the JP:9517 Stock Forecast page.

More about eREX Co., Ltd.

Erex Co., Ltd. is a Japan-based energy company listed on the TSE Prime Market that operates within the power and electricity sector. The group focuses on the supply and sale of electricity and related energy solutions, targeting both corporate and retail customers in the domestic market as it expands its generation and trading activities.

Average Trading Volume: 267,540

Technical Sentiment Signal: Sell

Current Market Cap: Yen53.91B

See more data about 9517 stock on TipRanks’ Stock Analysis page.

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