Japan's biggest power producer blames Iran war for no earnings visibility

JERA says outlook is uncertain for fuel prices and procurement

A tanker docks at JERA's liquefied natural gas terminal in Japan's Chiba prefecture. The nation's biggest power producer said on April 27 that its LNG procurement had not been affected by the conflict in the Middle East to date. (Photo by Ryosuke Hanafusa)

TOKYO -- Japan's largest power producer, JERA, has said it cannot provide an earnings forecast for its fiscal year to March 2027, blaming energy market uncertainty stemming from the Iran war.