Utilities 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 2023
JPY USD Revenue 3,007.20B 22,190.52M Gross Profit -180,055M -1,328.64M Operating income -179,976M -1,328.06M Income before tax -199,198M -1,469.90M Net income -127,561M -941.28M EBITDA 23,968M 176.86M Diluted EPS -255.13 -1.88 Dividends Per Share -- -- Total Assets 5,211.91B 39,160.82M Total liabilities 4,580.81B 34,418.90M Total equity 548,988M 4,124.93M Operating cash flow -93,776M -691.98M Currency in JPY Currency in USD
Historical Data Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Revenue
2,244.31B
2,246.36B
2,286.80B
2,104.44B
3,007.20B
Gross Profit
236,129M
257,717M
238,419M
110,115M
-180,055M
Operating income
84,733M
116,351M
87,920M
-28,816M
-179,976M
Income before tax
72,598M
93,768M
54,495M
-68,248M
-199,198M
Net income
46,484M
63,074M
29,381M
-108,361M
-127,561M
EBITDA
308,051M
350,702M
324,624M
162,865M
23,968M
Diluted EPS
87.61
117.37
55.87
-216.83
-255.13
Dividends Per Share
40
40
40
35
--
Total Assets
4,258.63B
4,323.09B
4,498.39B
4,752.30B
5,211.91B
Total liabilities
3,424.91B
3,458.91B
3,596.85B
3,973.32B
4,580.81B
Total equity
763,181M
792,242M
826,467M
699,659M
548,988M
Operating cash flow
262,804M
371,525M
217,617M
97,188M
-93,776M
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Revenue
20,238.25M
20,660.86M
21,561.93M
18,727.39M
22,190.52M
Gross Profit
2,129.30M
2,370.33M
2,248.01M
979.90M
-1,328.64M
Operating income
764.08M
1,070.13M
828.98M
-256.43M
-1,328.06M
Income before tax
654.65M
862.42M
513.82M
-607.33M
-1,469.90M
Net income
419.17M
580.12M
277.02M
-964.30M
-941.28M
EBITDA
2,777.87M
3,225.56M
3,060.83M
1,449.32M
176.86M
Diluted EPS
0.79
1.07
0.52
-1.92
-1.88
Dividends Per Share
0.36
0.36
0.37
0.31
--
Total Assets
38,475.25M
40,045.37M
40,709.44M
39,153.90M
39,160.82M
Total liabilities
30,942.93M
32,040.36M
32,550.75M
32,735.91M
34,418.90M
Total equity
6,895.07M
7,338.63M
7,479.33M
5,764.44M
4,124.93M
Operating cash flow
2,369.85M
3,417.08M
2,051.87M
864.87M
-691.98M
Valuation Measures
Mar 2023
PER -- ROA -2.56% ROE -20.43% Operating margin -5.98% Profit margin -4.24%
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 (3.4%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.2%)
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. (1.3%)
The 77 Bank, Ltd. (1.2%)
Related Companies
Tohoku-Electric Power Friendly Partners Co., Inc.
Aquaclara Tohoku Corp.
DG Business Support Corp.
E life Partners Co. Ltd.
GREENRECYCLE Corp.
Tohoku Eco Techno Corp.
Synergia Power Co. Ltd.
Tsuken Electric Ind Co. Ltd.
Tohoku Pole Transport Corp.
YURTEC KANTO SERVICE Corp.
YURTEC HAIDEN TECHNO Corp.
YURTEC MIYAGI SERVICE Corp.
Higashi Nihon Techno Survey Corp.
Tohoku Development Consultant Co. Ltd.
Tohoku Power Transmission & Distribution Service Co., Inc.
Yur Solar (Tomiya/Hobara/Zao) Co. Ltd.
Fukushima Electric Power Corp.
Aqua Power Tohoku Co. Ltd.
Arakawa Hydro-Electric Power Co. Ltd.
MeriT Power Holdings BV
Tohoku Sustainable & Renewable Energy Co., Inc.
Tohoku Electric Power Board Incentive Plan
Tohoku Electric Power Restricted Stock Compensation Plan
Tohoku EPCO Energy Trading Co., Inc.
Tohoku Power Investment Co. BV
Tohoku Electric Meter Industry Co., Inc.
Tohoku Ryokka Kankyohozen KK
Yurtec Service KK
Tohcs Corp.
Tohoku Natural Gas Co., Inc.
Competitors
BCPG Public Company Limited
Copyright © 2023 FactSet Research Systems Inc. All rights reserved.
Last Updated on 2 Jun, 2023
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