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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 JPYUSD
Gross Profit1,056M7.79M
Operating income-19,977M-147.41M
Income before tax-21,670M-159.90M
Net income-22,992M-169.66M
Diluted EPS-111.77-0.82
Dividends Per Share00
Total Assets1,612.54B12,116.17M
Total liabilities1,314.34B9,875.63M
Total equity295,666M2,221.54M
Operating cash flow36,086M266.28M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 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 2019Mar 2020Mar 2021Mar 2022Mar 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
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


  • 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

Related Companies

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  • Sakaide LNG Co., Inc.
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  • Yonden Consultants, Inc.
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  • Yonden Engineering Co., Inc.
  • CATV Tokushima, Inc.
  • Yonden Business Co., Inc.
  • Shikoku Electric Power Employee Stock Ownership Plan


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Last Updated on 31 May, 2023

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