Chubu Electric withdraws Hamaoka permits: what it means for Chubu Electric stock

Published on 10/13/2026 at 04:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 revenue reached JPY 825.84 billion versus JPY 802.40 billion forecast. Chubu Electric stock got a new CEO on October 1.

Key points in brief

Chubu Electric withdrew Hamaoka restart applications for two reactors after a seismic-data investigation.
Minoru Yasui became president on October 1, 2026, following the resignation of two senior executives.
Fiscal 2027 first-quarter revenue reached JPY 825.84 billion versus JPY 802.40 billion forecast.
The last available Lang & Schwarz price was EUR 15.10 on October 12, 2026.

Chubu Electric, JP3526600006, Illustration mit AI erstellt.

Chubu Electric (ISIN JP3526600006) had withdrawn its applications to restart two Hamaoka reactors after a seismic-data investigation, while Minoru Yasui became president on October 1, 2026. Reuters reported on September 14, 2026 that the company would withdraw the restart application and that its president and chairman would resign.

Hamaoka reset involves two reactors

World Nuclear News reported on September 14, 2026 that Chubu Electric withdrew applications covering Hamaoka Units 3 and 4 after an independent committee found pressure to manipulate earthquake data. The two boiling-water reactors have capacities of 1,100 megawatts and 1,137 megawatts, respectively.

The decision changes the near-term nuclear storyline. Chubu said it would prioritize management reform and restoring trust before seeking fresh applications, leaving the restart timetable dependent on governance and regulatory work rather than on the existing filings.

What does the withdrawal mean?

The governance reset is material because Hayashi and Katsuno were scheduled to leave on September 30, 2026, while Yasui was due to take over on October 1, 2026. The leadership change therefore followed the withdrawal decision by 17 days, creating a defined accountability sequence rather than a routine management rotation.

Revenue beat the first-quarter forecast

Chubu's fiscal 2027 first-quarter revenue was JPY 825.84 billion, compared with a JPY 802.40 billion forecast, while net income reached JPY 35.20 billion. Investing.com listed the figures with the latest release dated July 29, 2026. Revenue exceeded the forecast by JPY 23.44 billion, but the nuclear dispute adds a separate operational and regulatory risk to the earnings picture.

Yahoo Finance listed October 29, 2026 as the next earnings date. That report will give investors a new checkpoint for earnings execution while the company rebuilds confidence around Hamaoka.

Stock price and market context

The last available euro price was EUR 15.10 at Lang & Schwarz on October 12, 2026 at 10:58 p.m. CEST. On the Tokyo Stock Exchange, Chubu Electric was last quoted at JPY 2,649.50 on October 13, 2026 at 10:53 a.m. JST; the 52-week range was JPY 2,021.50 to JPY 3,286.00 and market capitalization was JPY 2.0 trillion.

The further course of trading is shown by the continuously updated real-time quote of Chubu Electric stock.