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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 2021 JPYUSD
Revenue2,286.80B21,561.93M
Gross Profit87,920M828.98M
Operating income87,920M828.98M
Income before tax54,495M513.82M
Net income29,381M277.02M
EBITDA324,624M3,060.83M
Diluted EPS55.870.52
Dividends Per Share400.37
Total Assets4,471.08B40,462.27M
Total liabilities3,569.54B32,303.57M
Total equity826,467M7,479.33M
Operating cash flow217,617M2,051.87M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,949.58B 2,071.38B 2,244.31B 2,246.36B 2,286.80B
Gross Profit 266,702M 254,911M 236,129M 257,717M 87,920M
Operating income 130,423M 106,566M 84,733M 116,351M 87,920M
Income before tax 104,704M 72,412M 72,598M 93,768M 54,495M
Net income 69,931M 47,216M 46,484M 63,074M 29,381M
EBITDA 361,152M 333,210M 308,051M 350,702M 324,624M
Diluted EPS 132.86 89.59 87.61 117.37 55.87
Dividends Per Share 35 40 40 40 40
Total Assets 4,145.92B 4,222.16B 4,258.63B 4,323.09B 4,471.08B
Total liabilities 3,390.29B 3,423.45B 3,424.91B 3,458.91B 3,569.54B
Total equity 695,560M 731,318M 763,181M 792,242M 826,467M
Operating cash flow 278,147M 324,019M 262,804M 371,525M 217,617M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 18,003.77M 18,689.29M 20,238.25M 20,660.86M 21,561.93M
Gross Profit 2,462.90M 2,299.96M 2,129.30M 2,370.33M 828.98M
Operating income 1,204.41M 961.50M 764.08M 1,070.13M 828.98M
Income before tax 966.90M 653.34M 654.65M 862.42M 513.82M
Net income 645.79M 426.01M 419.17M 580.12M 277.02M
EBITDA 3,335.12M 3,006.43M 2,777.87M 3,225.56M 3,060.83M
Diluted EPS 1.22 0.80 0.79 1.07 0.52
Dividends Per Share 0.32 0.36 0.36 0.36 0.37
Total Assets 37,206.56M 39,700.63M 38,475.25M 40,045.37M 40,462.27M
Total liabilities 30,425.37M 32,190.43M 30,942.93M 32,040.36M 32,303.57M
Total equity 6,242.12M 6,876.51M 6,895.07M 7,338.63M 7,479.33M
Operating cash flow 2,568.59M 2,923.50M 2,369.85M 3,417.08M 2,051.87M

Valuation Measures

Mar 2021
PER17.76
ROA0.66%
ROE3.63%
Operating margin3.84%
Profit margin1.28%

Key executives

  • President & Representative Director: Kojiro Higuchi
  • Representative Director, EVP & GM-Business Support: Shunji Yamamoto
  • Representative Director, EVP, Head-Corporate & IR: Shinichi Okanobu
  • Representative Director, EVP & GM-Nuclear Power: Jiro Masuko
  • Director & Managing Executive Officer: Hirohisa Yashiro

Shareholders

  • Nomura Asset Management Co., Ltd. (4.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.5%)
  • Asset Management One Co., Ltd. (2.9%)
  • Tohoku Electric Power Employee Stock Ownership Plan (2.9%)
  • Nippon Life Insurance Co. (2.7%)
  • The Vanguard Group, Inc. (2.2%)
  • Mizuho Financial Group, Inc. (2.0%)
  • Kochi Shinkin Bank (1.9%)
  • Nikko Asset Management Co., Ltd. (1.4%)
  • Daiwa Asset Management Co. Ltd. (1.4%)

Contact Details

Related Companies

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  • TDG Business Support Co. Ltd.
  • Kitanihon Electric Cable Co. Ltd.
  • Tsuken Electric Co. Ltd.
  • Nihonkai LNG Co. Ltd.
  • Tohoku Afforestation & Environmental Protection Co. Ltd.
  • Tohoku Information Systems Co., Inc.
  • Tohoku Port Service Co., Inc.
  • Yutos Co. Ltd.
  • Tohoku Yochi Co., Inc.
  • Sakata Kyodo Power COLtd
  • Tohoku Pole Co., Ltd.

Competitors

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