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Tokyo Electric Power Co. Holdings, Inc.

Business Summary

Tokyo Electric Power Co. Holdings, Inc. engages in the generation and distribution of electric power. It operates through the following segments: Fuel, Power Grid, Customer Support, Corporate, and Others. The Fuel segment deals with thermal power generation. The Power Grid segment deals with power generation and supply, hydroelectric power generation, power transmission and distribution facility and communication facility construction and maintenance. The Customer Support segment deals with customer service. The Corporate segment deals with business support and nuclear power generation. The Others segment includes information and telecommunications, energy and environment, living environment and life style related, and overseas businesses. The company was founded on May 1, 1951 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023 JPYUSD
Gross Profit-228,970M-1,689.59M
Operating income-219,485M-1,619.60M
Income before tax-111,911M-825.80M
Net income-123,630M-912.28M
Diluted EPS-77.16-0.56
Dividends Per Share----
Total Assets13,563.08B101,909.12M
Total liabilities10,441.11B78,451.56M
Total equity3,095.39B23,257.92M
Operating cash flow-23,383M-172.54M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 6,338.49B 6,241.42B 5,866.82B 5,309.92B 7,798.69B
Gross Profit 330,927M 229,746M 161,073M 64,391M -228,970M
Operating income 312,546M 211,458M 142,590M 45,190M -219,485M
Income before tax 258,625M 69,259M 190,393M 14,075M -111,911M
Net income 232,415M 50,703M 180,896M 5,641M -123,630M
EBITDA 897,581M 669,488M 592,088M 503,588M 163,001M
Diluted EPS 46.95 10.12 36.38 1.12 -77.16
Dividends Per Share 0 0 0 0 --
Total Assets 12,757.46B 11,957.84B 12,093.15B 12,853.50B 13,563.08B
Total liabilities 9,853.76B 9,040.95B 8,950.34B 9,631.34B 10,441.11B
Total equity 2,889.42B 2,900.18B 3,125.31B 3,196.83B 3,095.39B
Operating cash flow 703,709M 513,643M 334,674M 507,006M -23,383M
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 57,157.75M 57,405.17M 55,317.43M 47,252.80M 57,547.53M
Gross Profit 2,984.15M 2,113.07M 1,518.73M 573.01M -1,689.59M
Operating income 2,818.40M 1,944.87M 1,344.46M 402.14M -1,619.60M
Income before tax 2,332.16M 637.00M 1,795.18M 125.25M -825.80M
Net income 2,095.81M 466.33M 1,705.64M 50.19M -912.28M
EBITDA 8,093.99M 6,157.58M 5,582.71M 4,481.40M 1,202.80M
Diluted EPS 0.42 0.09 0.34 0.01 -0.56
Dividends Per Share 0 0 0 0 --
Total Assets 115,259.23M 110,766.94M 109,440.32M 105,899.11M 101,909.12M
Total liabilities 89,025.28M 83,747.43M 80,998.63M 79,351.92M 78,451.56M
Total equity 26,104.92M 26,864.77M 28,283.42M 26,338.49M 23,257.92M
Operating cash flow 6,345.74M 4,724.20M 3,155.59M 4,511.82M -172.54M

Valuation Measures

Mar 2023
Operating margin-2.81%
Profit margin-1.58%

Key executives

  • Executive President & Director: Tomoaki Kobayakawa
  • Director & Executive Vice President: Chikara Kojima
  • Director & Executive Officer: Shigehiro Yoshino
  • Managing Executive Officer: Shinichiro Kengaku
  • Deputy General Manager-Washington Office: Mitsutoshi Hinata


  • Nomura Asset Management Co., Ltd. (3.3%)
  • Tokyo Electric Power Group Employee Stock Ownership Plan (3.2%)
  • City of Tokyo (2.6%)
  • The Vanguard Group, Inc. (2.5%)
  • Sumitomo Mitsui Financial Group, Inc. (2.2%)
  • BlackRock Fund Advisors (1.7%)
  • Nippon Life Insurance Co. (1.6%)
  • Daiwa Asset Management Co. Ltd. (1.5%)
  • Nikko Asset Management Co., Ltd. (1.5%)
  • Norges Bank Investment Management (0.7%)

Contact Details

  • Website:
  • Address: 1-1-3 Uchisaiwai-cho, Chiyoda-Ku, Tokyo, 100-8560, Japan
  • Phone: +81.3.6373.1111

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Last Updated on 26 May, 2023

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