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Utilities

Renova, Inc. (Japan)

Business Summary

Renova, Inc. engages in the operation and development of renewable power plants. It owns, operates and develops solar photovoltaic (PV), biomass, wind, and geothermal power plants. It operates through the following segments: Renewable Energy Generation, and Renewable Energy Development and Management. The Renewable Energy Generation segment sells electricity generated by the renewable energy power station owned by a consolidated subsidiary to retail electric companies. The Renewable Energy Development and Management segment deals with the long term ownership of developed power plant. The company was founded by Yosuke Kiminami and Daisuke Tsujimoto on May 30, 2000 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue19,449M178.88M
Gross Profit10,418M95.81M
Operating income6,489M59.68M
Income before tax6,600M60.70M
Net income3,675M33.80M
EBITDA11,302M103.94M
Diluted EPS46.730.42
Dividends Per Share00
Total Assets148,708M1,377.49M
Total liabilities124,391M1,152.24M
Total equity18,516M171.51M
Operating cash flow7,103M65.32M
Currency in JPYCurrency in USD

Historical Data

 May 2016May 2017May 2018Mar 2019Mar 2020
Revenue 8,556.25M 8,265.09M 11,740M 16,917.60M 19,449M
Gross Profit 3,409.95M 4,293.03M 5,566M 8,667.60M 10,418M
Operating income 1,906.01M 2,537.33M 3,318M 5,754M 6,489M
Income before tax 1,221.72M 3,371.29M 2,120M 4,466.40M 6,600M
Net income 305.67M 2,023.68M 801M 1,990.80M 3,675M
EBITDA 3,876.66M 4,717.63M 6,254M 9,480M 11,302M
Diluted EPS 4.71 26.97 5.15 21.07 46.73
Dividends Per Share -- 0 0 0 0
Total Assets 51,613.28M 53,915.27M 65,713M 81,499M 148,708M
Total liabilities 46,478.42M 46,430.87M 54,841M 68,610M 124,391M
Total equity 3,977.19M 6,713.56M 7,654M 9,347M 18,516M
Operating cash flow 3,935.62M 5,042.41M 3,941M 6,435M 7,103M
 May 2016May 2017May 2018Mar 2019Mar 2020
Revenue 72.34M 76.09M 106.33M 152.55M 178.88M
Gross Profit 28.83M 39.52M 50.41M 78.16M 95.81M
Operating income 16.11M 23.36M 30.05M 51.88M 59.68M
Income before tax 10.32M 31.03M 19.20M 40.27M 60.70M
Net income 2.58M 18.63M 7.25M 17.95M 33.80M
EBITDA 32.77M 43.43M 56.64M 85.48M 103.94M
Diluted EPS 0.03 0.24 0.04 0.19 0.42
Dividends Per Share -- 0 0 0 0
Total Assets 465.38M 487.54M 604.84M 736.31M 1,377.49M
Total liabilities 419.08M 419.86M 504.77M 619.86M 1,152.24M
Total equity 35.86M 60.70M 70.44M 84.44M 171.51M
Operating cash flow 33.27M 46.42M 35.69M 58.02M 65.32M

Valuation Measures

Mar 2020
PER18.94
ROA3.19%
ROE26.37%
Operating margin33.36%
Profit margin18.89%

Key executives

  • President, CEO & Representative Director: Yosuke Kiminami
  • Chief Operating Officer, Director & Executive VP: Isamu Suyama
  • CFO, Director & Executive Officer: Kazushi Yamaguchi
  • Chief Technology Officer & GM-Engineering: Tomokazu Ogawa
  • Chief Human Resources Officer & Executive Officer: Naoko Suzuki

Shareholders

  • KIMINAMI YOSUKE (19.2%)
  • Sumitomo Forestry Co., Ltd. (9.5%)
  • SEMMOTO SACHIO (6.9%)
  • TSUJIMOTO DAISUKE (6.4%)
  • JPMorgan Asset Management (Japan) Ltd. (5.4%)
  • HONDA DAISAKU /RENOVA/ (5.4%)
  • Mitsuuroko Group Holdings Co., Ltd. (5.0%)
  • Asset Management One Co., Ltd. (4.0%)
  • Invesco Capital Management LLC (3.2%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (2.9%)

Contact Details

  • Website:http://www.renovainc.jp
  • Address: Kyobashi Edogrand, 18/F, 2-2-1, Kyobashi, Tokyo, 104-0031, Japan
  • Phone: +81.3.3516.6260

Related Companies

  • Renova Board Incentive Plan
  • Karumainishi Solar Tokumei Kumiai Jigyo
  • Nasukarasuyama Tokumei Kumiai Jigyo
  • Yokkaichi Solar Tokumei Kumiai Jigyo
  • Karumaihigashi Solar Tokumei Kumiai Jigyo
  • Renova, Inc. /3 Subs/
  • Chiaki Holdings KK
  • Ozu Machi Solar Power Plant

Competitors

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