{"id":149601,"date":"2022-11-01T10:55:57","date_gmt":"2022-11-01T01:55:57","guid":{"rendered":"https:\/\/www.fukuoka-now.com\/?post_type=news&#038;p=149601&#038;lang=en"},"modified":"2022-11-01T10:55:57","modified_gmt":"2022-11-01T01:55:57","slug":"kyuden-reports-first-loss-in-eight-quarters","status":"publish","type":"news","link":"https:\/\/www.fukuoka-now.com\/en\/news\/kyuden-reports-first-loss-in-eight-quarters\/","title":{"rendered":"Kyuden Reports First Loss in Eight Quarters"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Kyushu Electric Power Co., Inc. announced its second quarter financial results on <\/span><span style=\"font-weight: 400;\">October <\/span><span style=\"font-weight: 400;\">31. Due to rising fuel prices and other factors, the company posted its first ordinary loss in eight fiscal quarters. Net sales increased 31% from the same period of the previous year mainly due to the impact of fuel cost adjustments resulting from higher fuel prices. However, the company posted an ordinary loss of 77.8 billion yen, its first loss in eight fiscal years, mainly due to higher fuel costs resulting from higher fuel prices and reduced operation of nuclear power plants. <\/span><b>Source:<\/b> <a href=\"https:\/\/www.kyuden.co.jp\/press_221031-1.html\" rel=\"noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Kyushu Electric Power<\/span><\/a><span style=\"font-weight: 400;\"> \/ <\/span><a href=\"https:\/\/rkb.jp\/news-rkb\/202210313600\/\" rel=\"noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">RKB<\/span><\/a><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-149591\" src=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2022\/11\/fnn_kyuden-head-office_2022_WEB.jpg?resize=1400%2C1050&#038;ssl=1\" alt=\"Kyuden Reports First Loss in Eight Quarters\" width=\"1400\" height=\"1050\" srcset=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2022\/11\/fnn_kyuden-head-office_2022_WEB.jpg?w=1400&amp;ssl=1 1400w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2022\/11\/fnn_kyuden-head-office_2022_WEB.jpg?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2022\/11\/fnn_kyuden-head-office_2022_WEB.jpg?resize=1024%2C768&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2022\/11\/fnn_kyuden-head-office_2022_WEB.jpg?resize=768%2C576&amp;ssl=1 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p><b>Get Fukuoka &amp; Kyushu area news and events in English regularly.<\/b><span style=\"font-weight: 400;\"> Sign up for our <\/span><b>free<\/b><span style=\"font-weight: 400;\"> weekly newsletter. Opt out at any time and privacy is protected. <\/span><a href=\"https:\/\/www.fukuoka-now.com\/en\/mailmagazine\/\"><span style=\"font-weight: 400;\">Get the \u201cNow\u201d<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Disclaimer: These summaries are from publicly posted contents. Errors might occur during translation. Images are sourced independently for illustrative purposes and credited appropriately. Use <\/span><a href=\"https:\/\/www.fukuoka-now.com\/en\/contact\/\"><span style=\"font-weight: 400;\">this form<\/span><\/a><span style=\"font-weight: 400;\"> to send feedback or ask for edits.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kyushu Electric Power Co., Inc. announced its second quarter financial results on October 31. Due to rising fuel prices and other factors, the company posted its first ordinary loss in eight fiscal quarters&#8230;<\/p>\n","protected":false},"author":29305,"featured_media":149598,"comment_status":"closed","ping_status":"closed","template":"","tags":[],"class_list":["post-149601","news","type-news","status-publish","has-post-thumbnail","hentry","location-kyushu","news-category-business","en-US"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news\/149601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/users\/29305"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/comments?post=149601"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media\/149598"}],"wp:attachment":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media?parent=149601"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/tags?post=149601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}