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Utilities

Tohoku Electric Power Co., Inc.

  • 1,056.00 JPY
  • +35.00
  • +3.43%
  • Japan
    Jul 18, 2019
  • Ticker
    TKS(9506)
  • Prev. close
    1,021
  • Market cap (JPY)
    513,443.12M
  • Market cap (USD)
    4,763.58M
  • Shares
    502.88M

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 performs electrical, telecommunications, civil engineering, and building works; designs and manufactures electricity supply facilities; and provides research, survey, and analysis services related to environment preservation. The Others segment includes gas and information communication businesses, power supply equipment materials manufacturing and sales, and electrical appliance sales. The company was founded on May 1, 1951 and is headquartered in Sendai, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue2,244.31B20,238.25M
Gross Profit236,129M2,129.30M
Operating income84,733M764.08M
Income before tax72,598M654.65M
Net income46,484M419.17M
EBITDA308,051M2,777.87M
Diluted EPS87.610.79
Dividends Per Share400.36
Total Assets4,258.63B38,475.25M
Total liabilities3,424.91B30,942.93M
Total equity763,181M6,895.07M
Operating cash flow262,804M2,369.85M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 2,182.07B 2,095.58B 1,949.58B 2,071.38B 2,244.31B
Gross Profit 279,744M 297,714M 266,702M 254,911M 236,129M
Operating income 169,739M 189,759M 130,423M 106,566M 84,733M
Income before tax 136,343M 152,616M 104,704M 72,412M 72,598M
Net income 76,493M 97,325M 69,931M 47,216M 46,484M
EBITDA 395,586M 436,867M 361,152M 333,210M 308,051M
Diluted EPS 153.11 191.46 132.86 89.59 87.61
Dividends Per Share 15 25 35 40 40
Total Assets 4,131.21B 4,152.43B 4,145.92B 4,222.16B 4,258.63B
Total liabilities 3,480.00B 3,468.04B 3,390.29B 3,423.45B 3,424.91B
Total equity 602,610M 630,374M 695,560M 731,318M 763,181M
Operating cash flow 374,212M 371,873M 278,147M 324,019M 262,804M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 19,862.95M 17,450.96M 18,003.77M 18,689.29M 20,238.25M
Gross Profit 2,546.44M 2,479.20M 2,462.90M 2,299.96M 2,129.30M
Operating income 1,545.09M 1,580.21M 1,204.41M 961.50M 764.08M
Income before tax 1,241.10M 1,270.90M 966.90M 653.34M 654.65M
Net income 696.29M 810.47M 645.79M 426.01M 419.17M
EBITDA 3,600.93M 3,638.00M 3,335.12M 3,006.43M 2,777.87M
Diluted EPS 1.39 1.59 1.22 0.80 0.79
Dividends Per Share 0.13 0.20 0.32 0.36 0.36
Total Assets 34,448.33M 36,945.02M 37,206.56M 39,700.63M 38,475.25M
Total liabilities 29,018.14M 30,855.84M 30,425.37M 32,190.43M 30,942.93M
Total equity 5,024.89M 5,608.55M 6,242.12M 6,876.51M 6,895.07M
Operating cash flow 3,406.37M 3,096.76M 2,568.59M 2,923.50M 2,369.85M

Valuation Measures

Mar 2019
PER15.16
ROA1.09%
ROE6.22%
Operating margin3.77%
Profit margin2.07%

Key executives

  • President & Representative Director: Hiroya Harada
  • Representative Director, VP & Head-Compliance: Mitsuhiro Sakamoto
  • Representative Director & Vice President: Hiroshi Tanae
  • Representative Director, Vice President & Head-IR: Shinichi Okanobu
  • Executive Officer: Tsukasa Koizumi

Shareholders

  • Asset Management One Co., Ltd. (3.6%)
  • Nomura Asset Management Co., Ltd. (3.0%)
  • Tohoku Electric Power Employee Stock Ownership Plan (2.7%)
  • Nippon Life Insurance Co. (2.7%)
  • Mizuho Financial Group, Inc. (2.6%)
  • The Vanguard Group, Inc. (2.4%)
  • Kochi Shinkin Bank (1.5%)
  • BlackRock Fund Advisors (1.4%)
  • The 77 Bank, Ltd. (1.2%)
  • Daiwa Asset Management Co. Ltd. (1.0%)

Contact Details

Related Companies

  • Tohoku Power Investment Co. BV
  • Tohoku Ryokka Kankyohozen KK
  • Tohoku Natural Gas Co., Inc.
  • Tohoku Instruments Co. Ltd.
  • Eltas Tohoku, Inc.
  • Tohoku Hydropower & Geothermal Energy Co. Ltd.
  • Sakakyo Engineering Service Co. Ltd.
  • Talks KK
  • New Lease Co. Ltd.
  • Aizu Gaishi, Inc.
  • Kitanihon Densen Service CoLtd
  • Soma Kyodo Power COLtd
  • ELC Co., Inc.
  • Tecs Fukushima Corp.
  • Higashi Nihon Kougyou Co., Inc.
  • Tohoku Air Service, Inc.
  • Tohoku Electric Power Engineering & Construction Co., Inc.
  • Tohoku Intelligent Telecommunication Co., Inc.
  • TDG Business Support Co. Ltd.
  • Kitanihon Electric Cable Co. Ltd.
  • Tsuken Electric Co. Ltd.
  • Nihonkai LNG Co. Ltd.
  • Joban Joint Power 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

  • Chugoku Electric Power Co., Inc.
Last Updated on 18 Jul, 2019

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