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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 2022 JPYUSD
Revenue2,104.44B18,727.39M
Gross Profit110,115M979.90M
Operating income-28,816M-256.43M
Income before tax-68,248M-607.33M
Net income-108,361M-964.30M
EBITDA162,865M1,449.32M
Diluted EPS-216.83-1.92
Dividends Per Share350.31
Total Assets4,752.30B39,153.90M
Total liabilities3,973.32B32,735.91M
Total equity699,659M5,764.44M
Operating cash flow97,188M864.87M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 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 2018Mar 2019Mar 2020Mar 2021Mar 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

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Competitors

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