Okinawa Electric Power stock trades near its yearly high 2.17 percent below the peak

Okinawa Electric Power stock (ISIN JP3220900009) was last at JPY 1,216.00 on the Tokyo Stock Exchange on September 28, 2026 at 3:30 p.m. JST, up 0.16 percent from the previous close. The price stood 2.17 percent below its 52-week high of JPY 1,243.00, putting the utility's market capitalization at JPY 66.0 billion.

Profit rose as revenue fell

In the fiscal year ended March 2026, consolidated revenue fell 6.9 percent to JPY 220.177 billion, while operating profit rose 26.9 percent to JPY 9.290 billion, according to Investalk. The result was a clear split between weaker sales and improved cost performance.

Net income attributable to owners of the parent increased 44.2 percent to JPY 6.234 billion in the same fiscal year, while recurring profit reached JPY 8.167 billion, also up 44.2 percent, Investalk reported.

Fuel costs remain central

The earnings mix explains why the profit increase matters. Fuel costs fell JPY 14.402 billion year over year, while the fuel-cost adjustment system reduced recurring profit by JPY 13.001 billion, according to Investalk. For investors, fuel prices and regulated pass-through mechanics remain more important than revenue growth alone.

Target remains below the share price

Investing.com lists a neutral consensus based on one analyst and a JPY 1,100.00 average 12-month target, with no buy or sell recommendation in its displayed summary. The target is JPY 116.00 below the September 28 price of JPY 1,216.00, creating a valuation counterweight to the improved annual profit figures, according to Investing.com.

Stock holds near the yearly high

Okinawa Electric Power shares traded between JPY 1,209.00 and JPY 1,223.00 during the September 28 session, with volume of 219,500 shares. The 52-week range was JPY 873.00 to JPY 1,243.00, so the latest price was 39.29 percent above the low and 2.17 percent below the high.

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