JERA Annual Profit Rises Five Percent to 193 Billion Yen

JERA reported a net profit of 193.5 billion yen for the fiscal year ending in March. The utility cited market uncertainty for withholding its current forecast.

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Japan's primary power generation utility, JERA, has reported a 5.2% increase in annual profit for the fiscal year ending in March. The company's net income reached 193.5 billion yen, equivalent to approximately $1.21 billion, as the utility benefited from its expanding international footprint.

The corporate logo for JERA Co., Inc. is seen at their headquarters in Tokyo, representing the world's largest purchaser of liquefied natural gas. REUTERS/Issei Kato
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