The Kansai Electric Power Company, Incorporated

TSE:9503 Stock Report

Market Cap: JP¥2.7t

Kansai Electric Power Company Future Growth

Future criteria checks 0/6

Kansai Electric Power Company's earnings are forecast to decline at 5.5% per annum while its annual revenue is expected to grow at 1.2% per year. EPS is expected to decline by 6.3% per annum. Return on equity is forecast to be 7.4% in 3 years.

Key information

-5.5%

Earnings growth rate

-6.30%

EPS growth rate

Electric Utilities earnings growth0.4%
Revenue growth rate1.2%
Future return on equity7.39%
Analyst coverage

Good

Last updated31 Jul 2026

Recent future growth updates

Recent updates

Narrative Update • Jul 10

9503: Incident Resolution And Revised Shareholder Returns Will Offer Future Entry Opportunity

Analysts have trimmed their price target on Kansai Electric Power Company from ¥2,678 to ¥2,562, reflecting updated views on slightly different revenue growth, profit margin, and future P/E assumptions in their models. What’s in the News for Kansai Electric Power Company A steam leak at Mihama Nuclear Power Station Unit 3 on May 8, 2026 triggered an alarm on the high-pressure turbine casing temperature.
Narrative Update • Jun 26

9503: Incident-Driven Uncertainty Will Create Future Entry Opportunity For Patient Buyers

Analysts have trimmed their price target for Kansai Electric Power Company from ¥2,828 to ¥2,678, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E as key drivers of the revised view. What's in the News for Kansai Electric Power Company On May 8, 2026, Kansai Electric Power Company manually shut down Mihama Nuclear Power Station Unit 3 after an alarm indicated a high metal temperature difference in the high pressure turbine casing and operators identified steam leaking from the high pressure turbine area.
New Narrative • May 11

Long Term Asset Recycling And ¥15t Investment Plan Will Reshape Earnings Mix

Catalysts About Kansai Electric Power Company Kansai Electric Power Company supplies electricity and related energy services, and is expanding into transmission and distribution, ICT, real estate and other adjacent businesses. What are the underlying business or industry changes driving this perspective?
Analysis Article • Aug 22

Lacklustre Performance Is Driving The Kansai Electric Power Company, Incorporated's (TSE:9503) Low P/E

TSE:9503 1 Year Share Price vs Fair Value Explore Kansai Electric Power Company's Fair Values from the Community and...

Earnings and Revenue Growth Forecasts

TSE:9503 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/20294,404,400287,417-18,050N/A6
3/31/20284,387,450265,433-69,200N/A6
3/31/20274,364,983310,633-160,133N/A6
6/30/20264,146,809417,949N/AN/AN/A
3/31/20264,056,638380,05191,917652,381N/A
12/31/20254,133,612398,269N/AN/AN/A
9/30/20254,208,725424,462157,547668,994N/A
6/30/20254,270,754403,752N/AN/AN/A
3/31/20254,337,111420,36480,403575,299N/A
12/31/20244,213,935453,129N/AN/AN/A
9/30/20244,122,836299,644180,381683,840N/A
6/30/20244,076,934364,464N/AN/AN/A
3/31/20244,059,378441,870698,6551,154,990N/A
12/31/20234,176,812493,141N/AN/AN/A
9/30/20234,240,723465,120546,1871,012,105N/A
6/30/20234,150,910222,294N/AN/AN/A
3/31/20233,951,88417,679-347,922128,038N/A
12/31/20223,675,259-112,180N/AN/AN/A
9/30/20223,377,207-83,734-460,50831,417N/A
6/30/20223,050,61759,134N/AN/AN/A
3/31/20222,851,89485,835-131,504410,315N/A
12/31/20212,857,92967,408N/AN/AN/A
9/30/20212,848,49791,756-280,098352,030N/A
6/30/20212,959,79388,324N/AN/AN/A
3/31/20213,092,398108,978-278,266369,215N/A
12/31/20203,007,191109,248N/AN/AN/A
9/30/20203,052,857127,238-175,896433,343N/A
6/30/20203,099,870120,348N/AN/AN/A
3/31/20203,184,259130,002N/A463,408N/A
12/31/20193,284,755166,246N/AN/AN/A
9/30/20193,331,205155,490N/A499,491N/A
6/30/20193,357,963133,953N/AN/AN/A
3/31/20193,307,661115,077N/A449,716N/A
12/31/20183,259,18598,197N/AN/AN/A
9/30/20183,195,688109,421N/A475,298N/A
6/30/20183,145,699145,973N/AN/AN/A
3/31/20183,133,632151,880N/A623,266N/A
12/31/20173,062,865135,406N/AN/AN/A
9/30/20173,044,623136,659N/A495,592N/A
6/30/20173,022,226132,499N/AN/AN/A
3/31/20173,011,337140,789N/A485,669N/A
12/31/20163,072,698172,301N/AN/AN/A
9/30/20163,120,473147,647N/A609,381N/A
6/30/20163,159,373128,782N/AN/AN/A
3/31/20163,245,906140,800N/A595,154N/A
12/31/20153,315,46830,564N/AN/AN/A
9/30/20153,369,105-38,521N/A537,604N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9503's earnings are forecast to decline over the next 3 years (-5.5% per year).

Earnings vs Market: 9503's earnings are forecast to decline over the next 3 years (-5.5% per year).

High Growth Earnings: 9503's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 9503's revenue (1.2% per year) is forecast to grow slower than the JP market (6.3% per year).

High Growth Revenue: 9503's revenue (1.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 9503's Return on Equity is forecast to be low in 3 years time (7.4%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/01 19:30
End of Day Share Price 2026/07/31 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Kansai Electric Power Company, Incorporated is covered by 21 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Masanori MaruoBarclays
Takahiro MoriBofA Global Research
Penn BowersCLSA