The Kansai Electric Power Company, Incorporated

TSE:9503 Stock Report

Market Cap: JP¥2.6t

Kansai Electric Power Company Future Growth

Future criteria checks 0/6

Kansai Electric Power Company's earnings are forecast to decline at 2.7% per annum while its annual revenue is expected to grow at 1.1% per year. EPS is expected to decline by 2.7% per annum. Return on equity is forecast to be 7.9% in 3 years.

Key information

-2.7%

Earnings growth rate

-2.72%

EPS growth rate

Electric Utilities earnings growth4.4%
Revenue growth rate1.1%
Future return on equity7.85%
Analyst coverage

Good

Last updated09 Jun 2026

Recent future growth updates

Recent updates

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...
Analysis Article • Jul 02

Kansai Electric Power Company's (TSE:9503) Anemic Earnings Might Be Worse Than You Think

The subdued market reaction suggests that The Kansai Electric Power Company, Incorporated's ( TSE:9503 ) recent...
Analysis Article • Jun 24

Is Kansai Electric Power Company (TSE:9503) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Earnings and Revenue Growth Forecasts

TSE:9503 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/20294,329,780302,240-19,633676,6005
3/31/20284,277,350276,017-54,267629,8336
3/31/20274,245,000294,217-206,250578,9006
3/31/20264,056,637380,05191,917652,381N/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
3/31/20203,184,259130,002-74,468463,408N/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
6/30/20153,413,864-66,420N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9503's earnings are forecast to decline over the next 3 years (-2.7% per year).

Earnings vs Market: 9503's earnings are forecast to decline over the next 3 years (-2.7% per year).

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

Revenue vs Market: 9503's revenue (1.1% per year) is forecast to grow slower than the JP market (6.2% per year).

High Growth Revenue: 9503's revenue (1.1% 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 (7.9%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/16 19:36
End of Day Share Price 2026/06/16 00:00
Earnings2026/03/31
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 22 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