Also trades as: 9503.T (JPX) · $vol 67M

$16.85

+0.60 (+3.69%)

Weekly Expected Move ±11.3%

$13 $15 $17 $19 $21

OTC · Utilities · Regulated Electric · Tech Score Neutral · Power 52 · $18.8B mcap · 902M float · 0.0001% daily turnover · Short 58% of daily vol

Revenue

$4.08T -5.9% ▼

5Y CAGR: +5.7%

Gross Profit

$440.3B -6.1% ▼

5Y CAGR: +24.7%

Operating Income

$442.1B -5.7% ▼

5Y CAGR: +24.9%

Net Income

$382.4B -9.0% ▼

5Y CAGR: +28.5%

EPS (Diluted)

$343.53 -21.2% ▼

5Y CAGR: +23.0%

EBITDA

$782.6B -22.0% ▼

5Y CAGR: +11.8%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$2.85T	$3.95T	$4.06T	$4.34T	$4.08T
YoY Growth	-7.8%	+38.6%	+2.7%	+6.8%	-5.9%
Cost of Revenue	$2.75T	$4.00T	$3.33T	$3.87T	$3.64T
Gross Profit	$99.3B	-$52.1B	$728.9B	$468.9B	$440.3B
Gross Margin	3.5%	-1.3%	18.0%	10.8%	10.8%
R&D Expenses	$10.8B	$10.5B	$0	$0	$0
SG&A Expenses	$260.3B	$255.4B	$9.7B	$0	$0
Operating Expenses	$1M	$49.6B	$1M	$0	-$1.8B
Operating Income	$99.3B	-$52.1B	$728.9B	$468.9B	$442.1B
Operating Margin	3.5%	-1.3%	18.0%	10.8%	10.8%
Interest Expense	$20.2B	$24.3B	$29.1B	$35.0B	$43.0B
Income Before Tax	$125.3B	-$5.8B	$641.1B	$594.6B	$523.6B
Tax Expense	$35.6B	-$26.6B	$192.6B	$143.4B	$137.6B
Net Income	$85.8B	$17.7B	$441.9B	$420.4B	$382.4B
Net Margin	3.0%	0.4%	10.9%	9.7%	9.4%
EPS (Diluted)	$96.14	$19.81	$495.09	$436.09	$343.53
EBITDA	$427.8B	$282.0B	$1.03T	$1.00T	$782.6B
Shares Outstanding	893M	893M	893M	964M	1.11B

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$984.1B	$1.15T	$1.02T	$1.18T	$917.8B	$1.11T	$941.8B	$1.11T
Cost of Revenue	$835.4B	$1.00T	$913.5B	$1.12T	$788.8B	$956.2B	$830.5B	$1.06T
Gross Profit	$148.8B	$148.5B	$102.6B	$69.0B	$128.9B	$149.7B	$111.3B	$50.1B
Gross Margin	15.1%	12.9%	10.1%	5.8%	14.1%	13.5%	11.8%	4.5%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$0	$0	$0	$0	$0
Operating Expenses	$1M	-$1M	$1M	-$1M	$1M	-$1.2B	-$168M	-$438M
Operating Income	$148.8B	$148.5B	$102.6B	$69.0B	$128.9B	$150.9B	$111.5B	$50.5B
Operating Margin	15.1%	12.9%	10.1%	5.8%	14.0%	13.6%	11.8%	4.5%
Interest Expense	$7.8B	$0	$0	$65M	$71M	$10.5B	$10.7B	$11.5B
Income Before Tax	$169.0B	$150.6B	$199.8B	$75.2B	$134.7B	$184.1B	$148.2B	$56.4B
Tax Expense	$49.0B	$40.6B	$36.0B	$17.9B	$36.2B	$46.3B	$38.2B	$16.9B
Net Income	$115.8B	$113.1B	$133.5B	$58.1B	$99.2B	$135.7B	$107.4B	$40.1B
Net Margin	11.8%	9.8%	13.1%	4.9%	10.8%	12.3%	11.4%	3.6%
EPS (Diluted)	$129.74	$126.69	$139.46	$52.13	$89.01	$122.00	$96.37	$36.75
EBITDA	$240.9B	$244.8B	$194.7B	$164.9B	$224.8B	$279.9B	$243.1B	$137.9B
Shares Outstanding	892M	892M	957M	1.11B	1.11B	1.11B	1.11B	1.11B

KAEPF OTC