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Kansai Electric Power Co Inc (9503.T)

9503.T on Tokyo Stock Exchange

956JPY
29 Jul 2016
Change (% chg)

¥4 (+0.38%)
Prev Close
¥953
Open
¥961
Day's High
¥963
Day's Low
¥937
Volume
2,548,500
Avg. Vol
3,330,646
52-wk High
¥1,768
52-wk Low
¥915

Latest Key Developments (Source: Significant Developments)

Supreme Court of Japan dismisses Kansai Electric Power's objection for injunction to halt Takahama nuclear reactors
Tuesday, 12 Jul 2016 03:55am EDT 

Kansai Electric Power Co Inc <9503.T>: Says Supreme Court of Japan dismissed the company's objection for injunction disclosed on March 9 .Says the company is ordered to halt operations at two nuclear reactors at its Takahama plant.  Full Article

Japan's nuclear power regulators to likely clear reactors for operation beyond 40 years-Nikkei<9503.T>
Tuesday, 31 May 2016 03:36pm EDT 

Nikkei: Japan's nuclear power regulators will likely clear reactors to remain in operation beyond 40 years for the first time- Nikkei . Nuclear regulation authority is expected to approve units 1 and 2 at Kansai Electric power's takahama plant for extensions- Nikkei .  Full Article

Kansai Electric Power to pay no year-end dividend for FY 2016
Friday, 11 Mar 2016 02:10am EST 

Kansai Electric Power Co Inc:Announces forecast that it will pay no year-end dividend for the FY ending March 2016 and latest dividend forecast was an undermined value.  Full Article

Kansai Electric Power Co Inc - Japan court issues injunction to halt Takahama nuclear reactors - Reuters News
Tuesday, 8 Mar 2016 03:59pm EST 

Kansai Electric Power Co Inc:A Japanese court on Wednesday ordered Kansai Electric Power to halt operations at two nuclear reactors at its Takahama plant, disrupting Prime Minister Shinzo Abe's efforts to restore atomic power five years after the Fukushima crisis.The move could potentially throw government energy policy into disarray, with the nuclear industry only recently starting to get reactors back online amid widespread public scepticism after the meltdowns at Fukushima in 2011.The order by the Otsu District Court, a copy of which was seen by Reuters, demands the halt of the No. 3 and No. 4 nuclear reactors at Takahama and takes immediate effect. This is the first injunction issued in Japan to halt a nuclear plant that is under operation.Kansai said it will shut the No. 3 reactor, which restarted in January, on Thursday.Kansai Electric had been working to restart the Takahama No. 4 reactor this month after an unplanned shutdown due to a technical problem last week.Japanese lower courts sometimes hand down contentious verdicts that are then overturned by higher courts, where judges tend to be more attuned to political implications, judicial experts say.Kansai Electric said it would not accept the verdict and would quickly appeal the injunction, but it could mean months or possibly a year of delays and extra costs for oil, gas or coal to replace the nuclear generation.  Full Article

Kansai Electric Power Co Inc may delay reactor restart after leak - Reuters
Sunday, 21 Feb 2016 08:45am EST 

Kansai Electric Power Co Inc:Kansai Electric Power said on Monday it may delay the restart of its Takahama No.4 reactor from an original date of late February, following an incident involving the leak of contaminated water - RTRS.The company had previously scheduled a final test before restarting the reactor from Sunday for about eight days, but this has now been delayed pending an investigation into the cause of the leak, a company spokesman said.Kansai Electric said on Saturday it found 34 litres of slightly radioactive water had leaked at the No. 4 unit at its Takahama nuclear plant in Fukui prefecture, 500 km (310 miles) west of Tokyo.The water had been cleared and there was no impact on the environment.  Full Article

Kansai Electric Power lowers consolidated full-year revenue outlook for FY 2016
Friday, 29 Jan 2016 01:00am EST 

Kansai Electric Power Co Inc:Says the company lowered the consolidated full-year outlook for revenue to 3,300,000 million yen from 3,360,000 million yen for the fiscal year ending March 31, 2016.Sees operating profit forecast as 260,000 million yen.Sees ordinary profit forecast as 245,000 million yen.Sees net profit forecast as 150,000 million yen.Sees earnings per share as 167.88 yen.  Full Article

Kansai Electric Power issues consolidated full-year revenue outlook for FY 2016
Thursday, 29 Oct 2015 02:00am EDT 

Kansai Electric Power Co Inc:Issued the consolidated full-year outlook for revenue at 3,360,000 million yen for FY ending March 2016.Other data uncertain.  Full Article

Kansai Electric Power revises consolidated mid-year outlook and cancels mid-year dividend for FY 2016
Thursday, 30 Jul 2015 02:00am EDT 

Kansai Electric Power Co Inc:Says the company lowered the consolidated mid-year outlook for revenue to 1,670,000 million yen from 1,690,000 million yen for the fiscal year ending March 2016.Sees operating profit forecast to 150,000 million yen from an undetermined value.Sees ordinary profit forecast to 140,000 million yen from an undetermined value.Sees net profit forecast to 93,000 million yen from an undetermined value.Sees earnings per share to 104.09 yen from an undetermined value.Comments the decreased power supply is the main reason for the forecast.Resolved to cancel the mid-year dividend for the fiscal year ending March 2016.Latest dividend forecast was an undetermined value.  Full Article

Kansai Electric Power revises mid-year revenue outlook for FY 2016
Monday, 25 May 2015 02:00am EDT 

Kansai Electric Power Co Inc:Revises mid-year revenue outlook to 1,690,000 mln yen from an undetermined value, for fiscal year ending March 2016.  Full Article

Kansai Electric Power Co Inc amends consolidated full-year outlook for FY 2015 and cancels year-end dividend for FY 2015
Tuesday, 23 Dec 2014 10:30pm EST 

Kansai Electric Power Co Inc:Says the company amended the consolidated full-year outlook for the FY ending March 2015.Revenue forecast decreased to 3,440,000 million yen from 3,450,000 million yen.Amended the operating profit forecast at a loss of 100,000 million yen from an undermined value.Amended the ordinary profit forecast at a loss of 135,000 million yen from an undermined value.Amended the net profit forecast at a loss of 126,000 million yen from an undermined value.Amended the earnings per share at a loss of 141.01 yen from an undermined value.FY 2015 revenues of 3,405.27 billion yen, net income of a loss of 62.85 billion yen – Thomson Reuters I/B/E/S.Comments that the forecast is based on the recent supply and demand conditions.Resolved to cancel the year-end dividend for the FY ending March 2015 and latest dividend forecast was an undermined value.  Full Article

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Japan court upholds reactor shutdown in new blow to nuclear industry

TOKYO A Japanese court on Tuesday upheld an order to keep two reactors operated by Kansai Electric Power closed, the utility said, helping keep efforts to get the country's struggling nuclear industry up and running in limbo.