Utilities
Tohoku Electric Power Co., Inc.
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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 | JPY | USD |
| Revenue | 2,286.80B | 21,561.93M |
| Gross Profit | 238,419M | 2,248.01M |
| Operating income | 87,920M | 828.98M |
| Income before tax | 54,495M | 513.82M |
| Net income | 29,381M | 277.02M |
| EBITDA | 324,624M | 3,060.83M |
| Diluted EPS | 55.87 | 0.52 |
| Dividends Per Share | 40 | 0.37 |
| Total Assets | 4,498.39B | 40,709.44M |
| Total liabilities | 3,596.85B | 32,550.75M |
| Total equity | 826,467M | 7,479.33M |
| Operating cash flow | 217,617M | 2,051.87M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 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 | 238,419M |
| 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 | 4,498.39B |
| Total liabilities | 3,390.29B | 3,423.45B | 3,424.91B | 3,458.91B | 3,596.85B |
| 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 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 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 | 2,248.01M |
| 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 | 40,709.44M |
| Total liabilities | 30,425.37M | 32,190.43M | 30,942.93M | 32,040.36M | 32,550.75M |
| 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 | |
| PER | 17.76 |
| ROA | 0.66% |
| ROE | 3.63% |
| Operating margin | 3.84% |
| Profit margin | 1.28% |
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. (4.0%)
- Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.5%)
- Tohoku Electric Power Employee Stock Ownership Plan (3.0%)
- 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%)
- Kochi Shinkin Bank (1.8%)
- 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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- 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 Energy Service Co., Inc.
Competitors
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Last Updated on 22 Sep, 2021
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