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Chubu Electric Power Co., Inc.

Business Summary

Chubu Electric Power Co., Inc. engages in the supply of electricity, gas, and on-site energy. It also deals with overseas consulting and investment, real estate management, and information technology (IT) business. It operates through the following segments: Miraiz, Power Grid, JERA, and Others. The Miraiz segment handles the development of energy services centered on gas and power. The Power Grid segment provides power network services. The JERA segment covers fuel procurement, power generation, and electricity and gas sales. The Others segment handles businesses related to renewable energy, nuclear power, and other affiliated companies. The company was founded on May 1, 1951 and is headquartered in Nagoya, Japan.

Financial Highlights

Mar 2023 JPYUSD
Gross Profit107,089M790.22M
Operating income107,089M790.22M
Income before tax68,991M509.09M
Net income38,230M282.10M
Diluted EPS50.540.37
Dividends Per Share500.36
Total Assets6,455.10B48,501.78M
Total liabilities4,292.89B32,255.57M
Total equity2,060.81B15,484.34M
Operating cash flow295,798M2,182.72M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 3,035.08B 3,065.95B 2,935.40B 2,705.16B 3,986.68B
Gross Profit 310,930M 319,637M 387,749M 185,696M 107,089M
Operating income 125,924M 130,832M 145,694M -53,830M 107,089M
Income before tax 112,929M 210,895M 192,308M -44,473M 68,991M
Net income 79,422M 163,472M 147,203M -43,022M 38,230M
EBITDA 390,760M 318,070M 337,663M 145,049M 273,273M
Diluted EPS 104.96 216.10 194.65 -56.89 50.54
Dividends Per Share 45 50 50 50 50
Total Assets 5,987.52B 5,500.81B 5,686.34B 6,174.73B 6,455.10B
Total liabilities 4,143.16B 3,538.74B 3,582.66B 4,051.45B 4,292.89B
Total equity 1,778.49B 1,894.39B 2,031.16B 2,017.12B 2,060.81B
Operating cash flow 296,406M 255,896M 384,148M 21,688M 295,798M
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 27,369.05M 28,198.96M 27,677.54M 24,073.12M 29,418.20M
Gross Profit 2,803.83M 2,939.84M 3,656.02M 1,652.50M 790.22M
Operating income 1,135.52M 1,203.32M 1,373.72M -479.03M 790.22M
Income before tax 1,018.34M 1,939.69M 1,813.24M -395.76M 509.09M
Net income 716.19M 1,503.52M 1,387.95M -382.85M 282.10M
EBITDA 3,523.70M 2,925.43M 3,183.77M 1,290.78M 2,016.51M
Diluted EPS 0.94 1.98 1.83 -0.50 0.37
Dividends Per Share 0.40 0.45 0.47 0.44 0.36
Total Assets 54,095.19M 50,954.70M 51,460.16M 50,873.19M 48,501.78M
Total liabilities 37,432.00M 32,779.82M 32,422.27M 33,379.65M 32,255.57M
Total equity 16,068.07M 17,547.98M 18,381.59M 16,618.98M 15,484.34M
Operating cash flow 2,672.86M 2,353.59M 3,622.07M 193.00M 2,182.72M

Valuation Measures

Mar 2023
Operating margin2.68%
Profit margin0.95%

Key executives

  • President & Representative Director: Kingo Hayashi
  • General Manager-Technology Development: Kazuhiro Nabeta
  • Executive Vice President & GM-Business Creation: Yoshinori Masuda
  • Representative Director, EVP & GM-Nuclear Power: Chiyoji Kurata
  • Director, Executive VP & GM-Corporate Strategy: Yoshiro Hiraiwa


  • Meiji Yasuda Life Insurance Co. (4.9%)
  • BlackRock Fund Advisors (4.4%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.9%)
  • Nomura Asset Management Co., Ltd. (3.2%)
  • Nippon Life Insurance Co. (3.0%)
  • The Vanguard Group, Inc. (2.4%)
  • Chubu Electric Power Employee Stock Ownership Plan (2.4%)
  • Nikko Asset Management Co., Ltd. (1.9%)
  • Mitsubishi UFJ Financial Group, Inc. (1.8%)
  • BlackRock Advisors (UK) Ltd. (1.7%)

Contact Details

  • Website:
  • Address: 1 Higashi-shincho, Higashi-Ku, Nagoya, 461-8680, Japan
  • Phone: +81.52.951.8211

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Last Updated on 2 Jun, 2023

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