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Utilities

The Okinawa Electric Power Co., Inc.

Business Summary

The Okinawa Electric Power Co., Inc. engages in power distribution business. It operates through the following business segments: Electric Business and Others. The Electric Business segment supplies electricity throughout Okinawa Prefecture. The Others segment deals with construction and civil engineering work for power stations, and maintenance of electrical and mechanical equipment. The company was founded on May 15, 1972 and is headquartered in Urasoe, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue204,296M1,879.00M
Gross Profit10,940M100.62M
Operating income10,327M94.98M
Income before tax9,311M85.63M
Net income6,706M61.67M
EBITDA32,711M300.85M
Diluted EPS123.211.13
Dividends Per Share57.140.52
Total Assets409,869M3,796.66M
Total liabilities254,156M2,354.27M
Total equity154,226M1,428.61M
Operating cash flow36,092M331.95M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 182,265M 179,997M 196,134M 205,481M 204,296M
Gross Profit 8,229M 9,798M 9,910M 6,027M 10,940M
Operating income 7,239M 9,127M 9,333M 5,443M 10,327M
Income before tax 5,229M 7,521M 8,381M 5,220M 9,311M
Net income 3,647M 5,517M 6,274M 3,752M 6,706M
EBITDA 33,822M 34,394M 33,486M 28,682M 32,711M
Diluted EPS 64.27 97.24 111.98 68.92 123.21
Dividends Per Share 27.70 41.55 45.71 57.14 57.14
Total Assets 409,860M 400,237M 403,600M 400,229M 409,869M
Total liabilities 261,749M 246,874M 250,840M 247,823M 254,156M
Total equity 147,111M 152,317M 151,543M 151,005M 154,226M
Operating cash flow 33,875M 31,907M 32,610M 16,608M 36,092M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,517.80M 1,662.21M 1,769.64M 1,852.93M 1,879.00M
Gross Profit 68.52M 90.48M 89.41M 54.34M 100.62M
Operating income 60.28M 84.28M 84.20M 49.08M 94.98M
Income before tax 43.54M 69.45M 75.61M 47.07M 85.63M
Net income 30.37M 50.94M 56.60M 33.83M 61.67M
EBITDA 281.65M 317.61M 302.13M 258.64M 300.85M
Diluted EPS 0.53 0.89 1.01 0.62 1.13
Dividends Per Share 0.23 0.38 0.41 0.51 0.52
Total Assets 3,646.60M 3,591.82M 3,795.01M 3,615.92M 3,796.66M
Total liabilities 2,328.83M 2,215.50M 2,358.62M 2,238.99M 2,354.27M
Total equity 1,308.87M 1,366.92M 1,424.94M 1,364.27M 1,428.61M
Operating cash flow 282.09M 294.65M 294.22M 149.76M 331.95M

Valuation Measures

Mar 2020
PER15.30
ROA1.65%
ROE4.39%
Operating margin5.05%
Profit margin3.28%

Key executives

  • President & Representative Director: Hiroyuki Motonaga
  • Representative Director, VP & GM-Power Generation: Kiyohito Shimabukuro
  • Director & GM-Information Technology Promotions: Manabu Miyazato
  • Managing Director: Hideki Onkawa
  • Managing Director & General Manager-Customer: Takeshi Nakazato

Shareholders

  • Sumitomo Mitsui DS Asset Management Co., Ltd. (6.5%)
  • Prefecture of Okinawa (4.9%)
  • Okinawa Electric Power Employee Stock Ownership Plan (4.9%)
  • The Bank of Okinawa Ltd. (4.4%)
  • The Okinawa Electric Power Co., Inc. (4.4%)
  • Mizuho Financial Group, Inc. (2.7%)
  • Nomura Asset Management Co., Ltd. (2.3%)
  • Nippon Life Insurance Co. (2.2%)
  • The Vanguard Group, Inc. (2.1%)
  • Meiji Yasuda Life Insurance Co. (1.8%)

Contact Details

Related Companies

  • 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.
  • Okinawa Electric Power Employee Stock Ownership Plan

Competitors

    Last Updated on 18 Sep, 2020

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