Utilities

Shikoku Electric Power Co., Inc.

Business Summary

Shikoku Electric Power Co., Inc. engages in the generation, transmission, distribution, and sales of electricity. It operates through the following segments: Electric Utility, Information Technology (IT) / Communications, Construction / Engineering, Energy, and Other. The Electric Utility segment supplies electricity primarily in the prefectures of Ehime, Kagawa, Koichi, and Tokushima. The IT/ Communications segment offers telecommunication and information system services. It also engages in cable television broadcasting and telecommunications businesses. The Construction / Engineering segment provides engineering and maintenance of electricity related facilities. It also plans and designs civil works and construction. The Energy segment handles sales and engineering works of electric hot water heaters and air conditioning systems; harbor unloading of coals imported overseas; and construction and operation of liquefied natural gas (LNG) fuel bases. The Other segment includes production and sales of electric appliances and real estate business. The company was founded on May 1, 1951 and is headquartered in Takamatsu, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	833,203M	6,148.30M
Gross Profit	1,056M	7.79M
Operating income	-19,977M	-147.41M
Income before tax	-21,670M	-159.90M
Net income	-22,992M	-169.66M
EBITDA	41,050M	302.91M
Diluted EPS	-111.77	-0.82
Dividends Per Share	0	0
Total Assets	1,612.54B	12,116.17M
Total liabilities	1,314.34B	9,875.63M
Total equity	295,666M	2,221.54M
Operating cash flow	36,086M	266.28M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	737,274M	733,187M	719,231M	641,948M	833,203M
Gross Profit	38,616M	44,698M	20,518M	-984M	1,056M
Operating income	25,747M	31,289M	6,458M	-6,952M	-19,977M
Income before tax	25,145M	26,180M	5,188M	-7,091M	-21,670M
Net income	16,996M	18,093M	3,000M	-6,261M	-22,992M
EBITDA	97,586M	94,258M	69,279M	61,689M	41,050M
Diluted EPS	82.53	87.91	14.57	-30.43	-111.77
Dividends Per Share	30	30	30	30	0
Total Assets	1,377.56B	1,395.39B	1,453.18B	1,523.17B	1,612.54B
Total liabilities	1,056.37B	1,068.74B	1,125.22B	1,207.87B	1,314.34B
Total equity	319,229M	324,541M	325,678M	312,893M	295,666M
Operating cash flow	54,507M	107,313M	52,293M	49,841M	36,086M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	6,648.41M	6,743.45M	6,781.52M	5,712.66M	6,148.30M
Gross Profit	348.22M	411.10M	193.46M	-8.75M	7.79M
Operating income	232.17M	287.77M	60.89M	-61.86M	-147.41M
Income before tax	226.74M	240.78M	48.91M	-63.10M	-159.90M
Net income	153.26M	166.40M	28.28M	-55.71M	-169.66M
EBITDA	879.98M	866.93M	653.22M	548.96M	302.91M
Diluted EPS	0.74	0.80	0.13	-0.27	-0.82
Dividends Per Share	0.27	0.27	0.28	0.26	0
Total Assets	12,445.84M	12,925.73M	13,150.95M	12,549.29M	12,116.17M
Total liabilities	9,543.98M	9,899.92M	10,183.02M	9,951.56M	9,875.63M
Total equity	2,884.12M	3,006.26M	2,947.31M	2,577.90M	2,221.54M
Operating cash flow	491.52M	987.00M	493.06M	443.53M	266.28M

Valuation Measures

Mar 2023
PER	--
ROA	-1.46%
ROE	-7.55%
Operating margin	-2.39%
Profit margin	-2.75%

Key executives

President & Representative Director: Hayato Saeki
Director, Head-Information Systems & Accounting: Hisashi Shirai
Director, EVP & General Manager-Nuclear Power: Kenji Yamada
Representative Director, VP & GM-Nuclear Power: Koichi Tamagawa
Representative Director & Vice President: Keisuke Nagai

Shareholders

Iyogin Holdings, Inc. (4.2%)
The Hyakujushi Bank, Ltd. (3.5%)
Sumitomo Chemical Co., Ltd. (3.4%)
Nomura Asset Management Co., Ltd. (3.3%)
Prefecture of Kochi (3.0%)
Nippon Life Insurance Co. (2.8%)
Shikoku Electric Power Employee Stock Ownership Plan (2.3%)
The Vanguard Group, Inc. (1.9%)
Meiji Yasuda Life Insurance Co. (1.9%)
The Shikoku Bank, Ltd. (1.3%)

Contact Details

Website:http://www.yonden.co.jp
Phone: +81.87.821.5061

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Competitors

BCPG Public Company Limited

Last Updated on 31 May, 2023