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EnergyReader · 2026-08-10 11:04

J-POWER Q1 profit slides 47% as US thermal sale strips out equity earnings

By EnergyReader Newsroom ·
J-POWER's first-quarter net profit fell 47.3% to JPY27.4 billion ($173.9 million) from JPY52.1 billion a year earlier, with the drop driven by the loss of equity-method earnings after the company exited its US thermal power generation business. Ordinary profit declined 45.9% to JPY39.6 billion even as revenue rose 12% to JPY280.3 billion and operating profit climbed 11.7% to JPY36.3 billion.
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