Utilities

Tohoku Electric Power Co., Inc.

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See more articles on Tohoku Electric Power Co., Inc.

Business Summary

Tohoku Electric Power Co., Inc. engages in electric power supply business. It operates through the following segments: Electric Power, Construction, and Others. The Electric Power segment supplies electricity to the Tohoku region. The Construction segment handles telecommunications, civil engineering, and construction work; and provides research, survey, and analysis services related to environment preservation. It also designs and manufactures power supply equipment. The Others segment includes gas and information communication businesses. It also sells power supply equipment materials. The company was founded on May 1, 1951 and is headquartered in Sendai, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	2,104.44B	18,727.39M
Gross Profit	110,115M	979.90M
Operating income	-28,816M	-256.43M
Income before tax	-68,248M	-607.33M
Net income	-108,361M	-964.30M
EBITDA	162,865M	1,449.32M
Diluted EPS	-216.83	-1.92
Dividends Per Share	35	0.31
Total Assets	4,752.30B	39,153.90M
Total liabilities	3,973.32B	32,735.91M
Total equity	699,659M	5,764.44M
Operating cash flow	97,188M	864.87M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	2,071.38B	2,244.31B	2,246.36B	2,286.80B	2,104.44B
Gross Profit	254,911M	236,129M	257,717M	238,419M	110,115M
Operating income	106,566M	84,733M	116,351M	87,920M	-28,816M
Income before tax	72,412M	72,598M	93,768M	54,495M	-68,248M
Net income	47,216M	46,484M	63,074M	29,381M	-108,361M
EBITDA	333,210M	308,051M	350,702M	324,624M	162,865M
Diluted EPS	89.59	87.61	117.37	55.87	-216.83
Dividends Per Share	40	40	40	40	35
Total Assets	4,222.16B	4,258.63B	4,323.09B	4,498.39B	4,752.30B
Total liabilities	3,423.45B	3,424.91B	3,458.91B	3,596.85B	3,973.32B
Total equity	731,318M	763,181M	792,242M	826,467M	699,659M
Operating cash flow	324,019M	262,804M	371,525M	217,617M	97,188M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	18,689.29M	20,238.25M	20,660.86M	21,561.93M	18,727.39M
Gross Profit	2,299.96M	2,129.30M	2,370.33M	2,248.01M	979.90M
Operating income	961.50M	764.08M	1,070.13M	828.98M	-256.43M
Income before tax	653.34M	654.65M	862.42M	513.82M	-607.33M
Net income	426.01M	419.17M	580.12M	277.02M	-964.30M
EBITDA	3,006.43M	2,777.87M	3,225.56M	3,060.83M	1,449.32M
Diluted EPS	0.80	0.79	1.07	0.52	-1.92
Dividends Per Share	0.36	0.36	0.36	0.37	0.31
Total Assets	39,700.63M	38,475.25M	40,045.37M	40,709.44M	39,153.90M
Total liabilities	32,190.43M	30,942.93M	32,040.36M	32,550.75M	32,735.91M
Total equity	6,876.51M	6,895.07M	7,338.63M	7,479.33M	5,764.44M
Operating cash flow	2,923.50M	2,369.85M	3,417.08M	2,051.87M	864.87M

Valuation Measures

Mar 2022
PER	--
ROA	-2.34%
ROE	-14.20%
Operating margin	-1.36%
Profit margin	-5.14%

Key executives

President & Representative Director: Kojiro Higuchi
Representative Director, EVP & GM-Business Support: Shunji Yamamoto
Representative Director & Executive Vice President: Toshinori Abe
Director & Managing Executive Officer: Takano Hiromitsu
Director & Managing Executive Officer: Kazuhiro Ishiyama

Shareholders

Nomura Asset Management Co., Ltd. (3.8%)
Tohoku Electric Power Employee Stock Ownership Plan (3.3%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.2%)
Asset Management One Co., Ltd. (2.9%)
Nippon Life Insurance Co. (2.7%)
The Vanguard Group, Inc. (2.3%)
Mizuho Financial Group, Inc. (2.0%)
BlackRock Fund Advisors (1.5%)
Nikko Asset Management Co., Ltd. (1.4%)
Daiwa Asset Management Co. Ltd. (1.4%)

Contact Details

Website:http://www.tohoku-epco.co.jp
Address: 1-7-1 Honcho, Aoba-Ku, Sendai, 980-8550, Japan
Phone: +81.22.225.2111

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Competitors

Last Updated on 12 Aug, 2022