Utilities

The Okinawa Electric Power Co., Inc.

Business Summary

The Okinawa Electric Power Co., Inc. engages in power distribution business. It operates through the Electric and Other segments. The Electric segment supplies electricity throughout Okinawa Prefecture. The Other segment covers construction and operation of electrical machinery and facilities on commission. The company was founded on May 15, 1972 and is headquartered in Urasoe, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	176,232M	1,568.28M
Gross Profit	3,349M	29.80M
Operating income	2,811M	25.01M
Income before tax	2,717M	24.17M
Net income	1,959M	17.43M
EBITDA	26,384M	234.79M
Diluted EPS	36.04	0.32
Dividends Per Share	60	0.53
Total Assets	447,696M	3,688.53M
Total liabilities	286,406M	2,359.67M
Total equity	159,484M	1,313.97M
Operating cash flow	17,328M	154.20M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	196,134M	205,481M	204,296M	190,520M	176,232M
Gross Profit	9,910M	6,027M	10,940M	13,157M	3,349M
Operating income	9,333M	5,443M	10,327M	12,619M	2,811M
Income before tax	8,381M	5,220M	9,311M	11,335M	2,717M
Net income	6,274M	3,752M	6,706M	8,341M	1,959M
EBITDA	33,486M	28,682M	32,711M	34,965M	26,384M
Diluted EPS	111.98	68.92	123.21	153.28	36.04
Dividends Per Share	45.71	57.14	57.14	60	60
Total Assets	403,600M	400,229M	409,869M	428,404M	447,696M
Total liabilities	250,840M	247,823M	254,156M	265,328M	286,406M
Total equity	151,543M	151,005M	154,226M	161,433M	159,484M
Operating cash flow	32,610M	16,608M	36,092M	31,686M	17,328M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	1,769.64M	1,852.93M	1,879.00M	1,796.38M	1,568.28M
Gross Profit	89.41M	54.34M	100.62M	124.05M	29.80M
Operating income	84.20M	49.08M	94.98M	118.98M	25.01M
Income before tax	75.61M	47.07M	85.63M	106.87M	24.17M
Net income	56.60M	33.83M	61.67M	78.64M	17.43M
EBITDA	302.13M	258.64M	300.85M	329.67M	234.79M
Diluted EPS	1.01	0.62	1.13	1.44	0.32
Dividends Per Share	0.41	0.51	0.52	0.56	0.53
Total Assets	3,795.01M	3,615.92M	3,796.66M	3,876.95M	3,688.53M
Total liabilities	2,358.62M	2,238.99M	2,354.27M	2,401.15M	2,359.67M
Total equity	1,424.94M	1,364.27M	1,428.61M	1,460.93M	1,313.97M
Operating cash flow	294.22M	149.76M	331.95M	298.76M	154.20M

Valuation Measures

Mar 2022
PER	38.23
ROA	0.44%
ROE	1.22%
Operating margin	1.59%
Profit margin	1.11%

Key executives

President & Representative Director: Hiroyuki Motonaga
Representative Director & Head-General Operations: Kiyohito Shimabukuro
MD & President-Remote Island Company: Hitoshi Nakasone
Managing Director & GM-Power Generation: Hiroyasu Kugai
Managing Director, GM-Planning, Sales & Head-CSR: Hayato Narisoko

Shareholders

Okinawa Electric Power Employee Stock Ownership Plan (5.5%)
Prefecture of Okinawa (4.9%)
Okinawa Financial Group, Inc. (4.4%)
The Okinawa Electric Power Co., Inc. (4.4%)
Mizuho Financial Group, Inc. (2.7%)
Nomura Asset Management Co., Ltd. (2.6%)
Nippon Life Insurance Co. (2.2%)
The Vanguard Group, Inc. (2.0%)
Asset Management One Co., Ltd. (2.0%)
Meiji Yasuda Life Insurance Co. (1.8%)

Contact Details

Website:http://www.okiden.co.jp
Phone: +81.98.877.2341

Related Companies

Okinawa Electric Power Board Benefit Trust
Okinawa Denki Kogyo Co., Ltd.
Okiden Global Systems Co., Inc.
Okinawa Plant Kogyo, Inc.
Progressive Energy Corp.
Okinawa New Energy Development Co., Inc.
First Riding Technology, Inc.
Okiden Kaihatsu Co., Inc.
OKI Setsubi KK
Okiden Kigyo Co. Ltd.
FRT, Inc.
Okinawa Electric Power Employee Stock Ownership Plan

Competitors

BCPG Public Company Limited

Last Updated on 24 Mar, 2023