Kansai Electric Power Company (9503) AI Stock Analysis

• Market Cap: $2.75T
• Dividend Yield: 2.69%
• Average Volume (3M): 4.37M
• Price to Earnings (P/E): 6.4
• Beta (1Y): 0.84
• Revenue Growth: 2.08%
• EPS Growth: 19.52%
• Country: JP
• Employees: 31,437
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): 120.07
• Shares Outstanding: 1,114,927,500
• 10 Day Avg. Volume: 4,760,990
• 30 Day Avg. Volume: 4,371,646
• PEG Ratio: -0.34
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 0.39
• P/FCF Ratio: 18.00
• Enterprise Value/Market Cap: 2.20
• Enterprise Value/Revenue: 1.42
• Enterprise Value/Gross Profit: 13.48
• Enterprise Value/Ebitda: 6.73
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 297.55
• Revenue Forecast (FY): $4.06T

• Rating: 75 Outperform
• Price Target: ¥2,852.00 ▲(11.10% Upside)

Kansai Electric Power Company is rated positively due to strong technical indicators and attractive valuation metrics. The financial performance is solid, though high leverage is a concern. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates the company's ability to expand its market reach and adapt to changing energy demands, supporting long-term business stability.

Operational Profitability

Healthy profit margins suggest efficient operations and cost control, which can sustain profitability and competitive positioning over time.

Cash Flow Generation

Robust cash flow generation enhances financial flexibility, allowing for reinvestment in growth initiatives and debt servicing, supporting long-term financial health.

Negative Factors

High Leverage

High leverage can increase financial risk, potentially impacting the company's ability to invest in growth or weather economic downturns, posing a challenge to long-term stability.

Earnings Volatility

Earnings volatility can signal underlying business risks, affecting investor confidence and the company's ability to maintain consistent financial performance.

Equity Financing

Moderate equity financing may limit the company's ability to leverage equity markets for future capital needs, potentially constraining growth opportunities.

Kansai Electric Power Company Business Overview & Revenue Model

Company Description

Kansai Electric Power Company (9503) is one of Japan's major electric utility companies, primarily engaged in the generation, transmission, and distribution of electricity. Based in Osaka, the company serves a vast customer base across the Kansai region. Its core services include providing reliable electricity to residential, commercial, and industrial sectors, as well as investing in renewable energy sources and nuclear power generation, reflecting a commitment to energy sustainability and efficiency.

How the Company Makes Money

Kansai Electric Power Company generates revenue primarily through the sale of electricity to residential, commercial, and industrial customers. The company's revenue model is largely based on regulated tariffs approved by the government, which dictate electricity prices. Key revenue streams include electricity sales, grid services, and ancillary services. Additionally, the company earns income from investments in renewable energy projects and nuclear power operations. Strategic partnerships with other energy firms and participation in government initiatives to promote energy efficiency and sustainability further contribute to its earnings. Regulatory frameworks and market conditions in Japan also significantly influence the company's profitability.

Kansai Electric Power Company Financial Statement Overview

Summary

Kansai Electric Power Company displays a solid financial performance with robust revenue growth and operational profitability. However, high leverage poses financial risks despite healthy cash flow and profitability.

Income Statement

Kansai Electric Power Company has demonstrated strong revenue growth in recent years, with a notable increase from 2024 to 2025. Gross and net profit margins are healthy, indicating effective cost management and profitability. However, there was a dip in profitability in 2023, which raises concerns about potential volatility in earnings.

Balance Sheet

The company's debt-to-equity ratio remains relatively high, suggesting significant leverage, which could pose financial risk. However, the return on equity has improved, reflecting better profitability relative to shareholder's equity. The equity ratio indicates a moderate level of equity financing.

Cash Flow

Kansai Electric Power Company shows a strong operating cash flow, which is a positive sign of its ability to generate cash from operations. The free cash flow has fluctuated, but recent growth is promising. The company maintains a solid ratio of operating cash flow to net income, indicating efficient cash conversion.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.27T	4.34T	4.06T	3.95T	2.85T	3.09T
Gross Profit	449.05B	468.88B	728.94B	-52.06B	99.33B	145.75B
EBITDA	898.65B	1.01T	1.02T	349.05B	468.00B	474.95B
Net Income	403.75B	420.37B	441.87B	17.68B	85.83B	108.98B
Balance Sheet
Total Assets	9.39T	9.65T	9.03T	8.77T	8.66T	8.08T
Cash, Cash Equivalents and Short-Term Investments	672.69B	942.39B	495.94B	266.96B	469.05B	249.28B
Total Debt	4.48T	4.50T	4.04T	5.01T	4.84T	4.47T
Total Liabilities	6.24T	6.55T	6.70T	6.93T	6.95T	6.35T
Stockholders Equity	3.11T	3.07T	2.27T	1.79T	1.66T	1.68T
Cash Flow
Free Cash Flow	0.00	94.94B	698.65B	-347.92B	-131.50B	-278.27B
Operating Cash Flow	0.00	589.83B	1.15T	128.04B	410.31B	369.21B
Investing Cash Flow	0.00	-342.06B	-428.05B	-417.88B	-532.63B	-660.75B
Financing Cash Flow	0.00	137.67B	-488.91B	117.10B	318.77B	325.64B

Kansai Electric Power Company Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2567.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9503, the sentiment is Positive. The current price of 2567 is above the 20-day moving average (MA) of 2505.77, above the 50-day MA of 2324.75, and above the 200-day MA of 1897.56, indicating a bullish trend. The MACD of 96.56 indicates Negative momentum. The RSI at 66.02 is Neutral, neither overbought nor oversold. The STOCH value of 76.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9503.

Kansai Electric Power Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9513	82 Outperform	$574.41B	5.34	7.92%	3.41%	-1.56%	9.17%
9503	75 Outperform	$2.75T	6.42	14.42%	2.69%	2.08%	19.52%
9506	74 Outperform	¥553.78B	3.37	16.13%	3.34%	-8.73%	-6.98%
9509	71 Outperform	€207.37B	3.55	14.57%	1.86%	-1.60%	-10.41%
9504	69 Neutral	$334.11B	2.99	15.45%	3.15%	-1.02%	79.80%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
9501	52 Neutral	$1.23T	-1.65	-22.13%	―	-2.28%	-794.92%

Kansai Electric Power Company Corporate Events

Kansai Electric Reports Resilient Earnings Amid Sales Decline

Kansai Electric Power Company, a major player in Japan’s energy sector, is primarily engaged in the generation and distribution of electricity, with a focus on nuclear and renewable energy sources. In its latest earnings report for the six months ending September 30, 2025, Kansai Electric reported a slight decrease in net sales, down 6% year-on-year to ¥2,008,118 million, while operating profit also declined by 7% to ¥276,552 million. Despite these decreases, the profit attributable to owners of the parent increased by 1.8% to ¥232,931 million, showcasing resilience in a challenging market environment. Key financial highlights include a modest improvement in profit margins and a stable equity ratio, which rose to 34% from 31.8% in March 2025. The company also announced an increase in its annual dividend forecast, reflecting confidence in its financial stability. Looking ahead, Kansai Electric has revised its full-year forecast, anticipating a 6.6% decline in net sales but projecting a 14.4% increase in profit attributable to owners of the parent, indicating a strategic focus on efficiency and profitability.

Kansai Electric Power Reports Mixed Financial Results and Strategic Adjustments

Kansai Electric Power Company reported a decrease in net sales and operating profit for the six months ending September 30, 2025, compared to the previous year. Despite the decline, the company managed a slight increase in profit attributable to owners of the parent, indicating resilience in challenging market conditions. The company also announced a revision in its cash dividend forecast, reflecting a strategic adjustment to maintain shareholder value. The exclusion of KE Fuel International Co., Ltd from consolidation signifies a strategic shift in the company’s operational focus.

The most recent analyst rating on (JP:9503) stock is a Buy with a Yen2543.00 price target. To see the full list of analyst forecasts on Kansai Electric Power Company stock, see the JP:9503 Stock Forecast page.

Kansai Electric Power Revises Financial and Dividend Forecasts Upward

Kansai Electric Power Company has revised its full-year financial and dividend forecasts for the fiscal year ending March 2026. The revisions reflect increased profits in the Energy segment due to higher electric sales volume and improved performance in the Transmission and Distribution segment, driven by increased electricity demand and reduced costs. The company has also increased its annual dividend forecast to ¥75 per share, reflecting its commitment to shareholder returns while maintaining financial soundness.

The most recent analyst rating on (JP:9503) stock is a Buy with a Yen2543.00 price target. To see the full list of analyst forecasts on Kansai Electric Power Company stock, see the JP:9503 Stock Forecast page.

Kansai Electric Revises Takahama Unit 4 Outage Schedule

Kansai Electric Power Company has announced a revision to the outage schedule for Takahama Nuclear Power Station Unit 4, which is now set to reconnect to the power grid on October 19, 2025. The revision follows the discovery of damage to steam generator tubes during a regular inspection, necessitating repairs that involve plugging the affected tubes. This adjustment in the schedule may impact the company’s operational timelines and stakeholders reliant on the power generated from this unit.

The most recent analyst rating on (JP:9503) stock is a Hold with a Yen1871.00 price target. To see the full list of analyst forecasts on Kansai Electric Power Company stock, see the JP:9503 Stock Forecast page.

Kansai Electric Power Establishes New Regional Development System in Fukui

Kansai Electric Power Company (KEPCO) announced the establishment of a new regional development system aimed at enhancing cooperation in regional development and addressing challenges in Fukui Prefecture, where it operates seven nuclear reactors. This initiative involves setting up a trust to fund regional projects, with contributions based on KEPCO’s nuclear plant performance and fuel prices. The system emphasizes transparency and objectivity, involving a third-party organization to oversee the appropriateness of fund allocations. The financial impact on KEPCO’s results is expected to be minimal.

The most recent analyst rating on (JP:9503) stock is a Hold with a Yen1871.00 price target. To see the full list of analyst forecasts on Kansai Electric Power Company stock, see the JP:9503 Stock Forecast page.