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Tohoku Electric Power Company ( (JP:9506) ) has issued an update.
Tohoku Electric Power Company reported a significant decline in its financial results for the nine months ending December 31, 2024, with comprehensive income dropping by 35.2% compared to the previous year. Despite this decline, the company’s shareholders’ equity increased, and the dividend forecasts have been revised, suggesting a potential positive outlook for investors.
More about Tohoku Electric Power Company
Tohoku Electric Power Co., Inc. operates in the electric utility industry, providing electricity across regions in Japan. The company engages in the generation and distribution of electric power, utilizing various sources including hydroelectric, thermal, and nuclear facilities.
YTD Price Performance: -2.95%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.59B
See more data about 9506 stock on TipRanks’ Stock Analysis page.