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Utilities

The Chugoku Electric Power Co., Inc.

Business Summary

The Chugoku Electric Power Co., Inc. engages in the generation, transmission and distribution of electric power. It operates through the following segments: Electric Power, Comprehensive Energy Supply, Information Systems and Telecommunications, and Others. The Electric Power segment provides electricity in the Chugoku region. The Comprehensive Energy Supply segment offers natural gas supply such as fuel, liquefied natural gas (LNG), and coal. The Information Systems and Telecommunications segment provides Internet connection, telephone, and broadcasting services, as well as Ethernet telecommunications network services for corporate customers. The Others segment includes environmental harmony creation, business and lifestyle support, and electric power business support services. The company was founded on May 1, 1951 and is headquartered in Hiroshima, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue1,136.64B10,114.96M
Gross Profit-53,616M-477.12M
Operating income-60,742M-540.54M
Income before tax-56,199M-500.11M
Net income-39,705M-353.33M
EBITDA22,242M197.93M
Diluted EPS-110.21-0.98
Dividends Per Share400.35
Total Assets3,566.94B29,387.82M
Total liabilities2,958.49B24,374.85M
Total equity605,778M4,990.96M
Operating cash flow310M2.75M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,314.96B 1,376.97B 1,347.35B 1,307.49B 1,136.64B
Gross Profit 49,919M 30,875M 60,076M 45,960M -53,616M
Operating income 36,045M 17,230M 134,834M 34,268M -60,742M
Income before tax 27,120M 14,893M 124,293M 18,628M -56,199M
Net income 20,707M 11,446M 90,057M 14,564M -39,705M
EBITDA 146,210M 129,481M 219,083M 120,852M 22,242M
Diluted EPS 50.12 25.73 206.71 36.72 -110.21
Dividends Per Share 50 50 50 50 40
Total Assets 3,179.44B 3,261.66B 3,265.37B 3,385.16B 3,566.94B
Total liabilities 2,598.69B 2,703.00B 2,618.67B 2,724.82B 2,958.49B
Total equity 577,117M 555,508M 643,318M 657,195M 605,778M
Operating cash flow 164,794M 81,635M 129,654M 110,228M 310M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 11,864.46M 12,416.99M 12,392.20M 12,328.20M 10,114.96M
Gross Profit 450.40M 278.41M 552.54M 433.35M -477.12M
Operating income 325.22M 155.37M 1,240.12M 323.10M -540.54M
Income before tax 244.69M 134.29M 1,143.17M 175.64M -500.11M
Net income 186.83M 103.21M 828.29M 137.32M -353.33M
EBITDA 1,319.19M 1,167.60M 2,015.00M 1,139.49M 197.93M
Diluted EPS 0.45 0.23 1.90 0.34 -0.98
Dividends Per Share 0.45 0.45 0.45 0.47 0.35
Total Assets 29,896.01M 29,467.99M 30,247.54M 30,635.01M 29,387.82M
Total liabilities 24,435.28M 24,420.71M 24,257.10M 24,659.02M 24,374.85M
Total equity 5,426.58M 5,018.81M 5,959.13M 5,947.46M 4,990.96M
Operating cash flow 1,486.87M 736.14M 1,192.48M 1,039.32M 2.75M

Valuation Measures

Mar 2022
PER--
ROA-1.14%
ROE-6.28%
Operating margin-5.34%
Profit margin-3.49%

Key executives

  • Executive President & Representative Director: Mareshige Shimizu
  • Representative Director & Executive Vice President: Shigeru Ashitani
  • Representative Director, EVP & Head-HR Training: Takafumi Shigeto
  • Representative Director, EVP & GM-Sales Business: Natsuhiko Takimoto
  • Director & Manager-Human Resources Activation: Takaba Toshio

Shareholders

  • Prefecture of Yamaguchi (8.7%)
  • The Chugoku Electric Power Co., Inc. (6.8%)
  • Nippon Life Insurance Co. (Investment Portfolio) (3.8%)
  • Nippon Life Insurance Co. (3.8%)
  • Nomura Asset Management Co., Ltd. (3.2%)
  • The Vanguard Group, Inc. (2.0%)
  • Chugoku Electric Power Stock Investment (1.8%)
  • Hirogin Holdings, Inc. (1.5%)
  • Nikko Asset Management Co., Ltd. (1.1%)
  • Daiwa Asset Management Co. Ltd. (1.1%)

Contact Details

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Competitors

  • BCPG Public Company Limited
Last Updated on 27 Jan, 2023

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