The Kansai Electric Power Co. (9503) Stock Price, Fundamentals & Analysis

What 9503 does

The Kansai Electric Power Co. (9503) is a regulated utility listed on the Tokyo Stock Exchange. The company engages in electricity and heat supply, telecommunication, and gas supply in Japan, operating through four segments: Energy Business; Power Transmission and Distribution Business; Information and Communication Business; and Lifestyle and Business Solution Business. It generates power from thermal, hydropower, wind, biomass, and nuclear plants, and also provides services under the eo Hikari and mineo brands. With 32,482 employees and headquarters in Osaka, Japan, it sits in the Utilities - Regulated Electric industry alongside peers such as Chubu Electric Power (9502) and Tokyo Electric Power (9501).

Key numbers explained

• 2,760 JPY is the current share price, sitting within a 52-week range of 2,048 – 3,053 JPY. The 52-week range shows the lowest and highest prices at which the stock has traded over the past year.
• The trailing P/E ratio of 8.1 and forward P/E ratio of 8.4 compare the share price to earnings per share. A lower number can suggest the market prices the stock modestly relative to its profits.
• Earnings per share over the last 12 months is 341.14 JPY, meaning each share earned that amount in profit.
• The dividend yield of 2.9% indicates roughly 22% of earnings are paid out as dividends, with an ex-dividend date of Sep 29, 2026.
• Beta of 0.22 suggests the stock historically moves far less than the broader market, typical for regulated utilities.
• Market capitalization of 3.07T JPY reflects the total value of all outstanding shares.
• Price-to-book of 0.86 means the stock trades below its book value.
• Revenue growth of 9,8% year over year on 4,15 tril. JPY in revenue shows expanding operations.

What to watch

Regulated utilities like 9503 are influenced by government policy on tariffs and energy mix, fuel and generation costs, and interest-rate environments, since their bond-like profiles are sensitive to rate changes. Earnings announcements — the next scheduled for Oct 29, 2026 — and dividend declarations are key events. You can track sector peers such as Osaka Gas (9532) or Tōkyō Gas (9531) for broader industry context, or follow the Nikkei 225 index.