AdvertisementAdvertisementBusinessThe logo of JERA Co., Inc., the world's biggest LNG buyer, is displayed at the company office in Tokyo, Japan July 14, 2017. REUTERS/Issei Kato27 Apr 2026 10:30AM Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST TOKYO, April 27 : JERA, Japan's biggest power generation utility, on Monday said its profit for the fiscal year that ended in March rose 5.2 per cent from a year earlier to 193.5 billion yen ($1.21 billion).The increase was supported by a boost in JERA's overseas power generation and renewable energy business, among other factors, the company said.JERA, also Japan's biggest buyer of liquefied natural gas, did not disclose its performance forecast for the current fiscal year, citing market uncertainty due to the U.S.-Israeli war on Iran and resulting closure of the Strait of Hormuz, through which about 20 per cent of the world's oil and LNG passes.($1 = 159.3200 yen)Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST