Okinawa Electric Power stock faces an earnings test after a weak quarter

Published on 10/07/2026 at 06:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Okinawa Electric Power stock carries a JPY 1,100 consensus target, while its June 2026 quarter posted JPY 48.82 billion revenue. The next report is set for October 30, 2026.

Okinawa Electric, JP3194700005, Illustration mit AI erstellt.

Okinawa Electric Power stock (ISIN JP3194700005) was last at JPY 1,142 on the Tokyo Stock Exchange on October 7, 2026 at 12:51 p.m. JST, down 0.17 percent from the previous close. The next earnings date is October 30, 2026, keeping the weak June quarter at the center of the investment case.

June quarter misses forecasts

Investing.com reports that the quarter released on July 31, 2026, delivered revenue of JPY 48.82 billion against a JPY 52.20 billion forecast, a shortfall of 6.48 percent. Adjusted EPS was negative JPY 134.26 versus negative JPY 71.90 expected, a miss of 86.73 percent.

The comparison matters because the latest annual figures showed a different mix. According to The Shashi, fiscal 2026 revenue fell 6.9 percent to JPY 220.177 billion, while operating profit rose 26.9 percent to JPY 9.290 billion and net income increased 44.2 percent to JPY 6.234 billion. The June result therefore puts renewed weight on fuel costs, power demand and the timing of cost recovery.

New generation project moves ahead

Okinawa Electric Power said on October 5, 2026, that it had submitted the environmental impact assessment methodology for a new No. 1 unit at the Makiminato thermal power plant. The company describes the project as part of its electricity generation infrastructure program, linking the latest corporate event to long-term supply capacity.

The company operates electricity generation, transmission and distribution in Okinawa and also has a construction segment. That structure gives the stock a defensive utility profile, but the latest quarterly loss shows how quickly profitability can change when fuel and purchased-power costs move faster than regulated revenue recovery.

Consensus target stays below price

Investing.com lists a Neutral consensus from one analyst, with an average, high and low 12-month target of JPY 1,100. The target is 3.68 percent below the JPY 1,142 price, making the quarterly earnings trajectory more important than a single infrastructure announcement.

Stock remains below yearly high

Okinawa Electric Power stock was last at JPY 1,142 on October 7, 2026 at 12:51 p.m. JST, with a JPY 873 to JPY 1,243 52-week range and a market capitalization of JPY 62.0 billion. Volume stood at 78,400 shares during the Tokyo session.