Chubu Electric withdraws Hamaoka permits: five analysts rate Chubu Electric stock Outperform

Published on 10/07/2026 at 04:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Chubu Electric stock had a EUR 14.70 prior close on October 5, 2026. First-quarter revenue was JPY 825.84 billion versus JPY 802.40 billion forecast.

Chubu Electric, JP3526600006, Illustration mit AI erstellt.

Chubu Electric Power Company, Incorporated (ISIN JP3526600006) had a prior close of EUR 14.70 at Lang & Schwarz on October 5, 2026. As MarketScreener reported on September 14, 2026, Chubu Electric withdrew its applications to restart Hamaoka Units 3 and 4, while five analysts held an Outperform consensus.

First-quarter revenue beats forecast

The company reported JPY 825.84 billion in revenue and JPY 35.20 billion in net income for the three months ended June 30, 2026. The Chubu Electric Power investor-relations page identifies the period as the first quarter of fiscal 2027 and lists the related financial report.

Investing.com compares that revenue with a JPY 802.40 billion forecast and reports earnings per share of JPY 46.60 against a JPY 90.60 forecast for the latest quarter. The revenue beat and earnings shortfall point to a mixed operating signal rather than a simple growth story.

Hamaoka restart plans face a reset

The September 14 decision followed an independent investigation into manipulated seismic data used in the Hamaoka review. MarketScreener reported that President Kingo Hayashi and Chairman Satoru Katsuno would resign on September 30, with Minoru Yasui becoming president on October 1.

Chubu said it plans to reapply for the Hamaoka restart after restructuring its organization and operating processes. That makes the nuclear option a longer-term factor, while the first-quarter figures keep near-term attention on power demand, fuel costs and earnings quality.

Stock remains below yearly high

Chubu Electric traded at JPY 2,647.00 on the Tokyo Stock Exchange on October 7, 2026 at 10:48 a.m. JST. The quote was 19.45 percent below the 52-week high of JPY 3,286.00 and above the low of JPY 2,021.50, while market capitalization stood at JPY 2.0 trillion.

The Lang & Schwarz prior close was EUR 14.70 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Chubu Electric stock.