ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintSite TitleTitle ChevronIcon Twitter
Utilities

eREX Co., Ltd.

Business Summary

eREX Co., Ltd. engages in the electric power business. It operates through the following business divisions: Power Retail, Power Generation, and Fuel. The Power Retail division supplies power to retailers for private institutions as well as households. The Power Generation division handles power generation through biomass. The Fuel division manages the procurement of biomass fuel from local suppliers in Indonesia and Malaysia. The company was founded on December 8, 1999 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue88,639M815.25M
Gross Profit15,712M144.51M
Operating income9,247M85.04M
Income before tax8,764M80.60M
Net income4,516M41.53M
EBITDA11,548M106.21M
Diluted EPS88.440.81
Dividends Per Share180.16
Total Assets104,780M970.58M
Total liabilities70,516M653.19M
Total equity26,145M242.18M
Operating cash flow6,511M59.88M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 22,877.88M 31,167.81M 46,948M 65,827M 88,639M
Gross Profit 3,730.19M 6,980.97M 9,410M 10,170M 15,712M
Operating income 1,723.40M 3,535.20M 4,815M 4,703M 9,247M
Income before tax 1,614.48M 3,219.40M 4,540M 4,298M 8,764M
Net income 1,112.95M 1,917.06M 3,039M 2,764M 4,516M
EBITDA 2,180.37M 4,403.10M 6,471M 6,385M 11,548M
Diluted EPS 26 37.65 59.67 54.25 88.44
Dividends Per Share 8.33 10 12 12 18
Total Assets 27,202.05M 42,473.82M 54,377M 75,024M 104,780M
Total liabilities 12,469.82M 26,555.17M 36,517M 49,198M 70,516M
Total equity 13,784.80M 13,296.99M 14,299M 19,434M 26,145M
Operating cash flow 818.39M 1,204.76M 4,183M 5,678M 6,511M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 190.51M 287.82M 423.59M 593.59M 815.25M
Gross Profit 31.06M 64.46M 84.90M 91.70M 144.51M
Operating income 14.35M 32.64M 43.44M 42.40M 85.04M
Income before tax 13.44M 29.73M 40.96M 38.75M 80.60M
Net income 9.26M 17.70M 27.41M 24.92M 41.53M
EBITDA 18.15M 40.66M 58.38M 57.57M 106.21M
Diluted EPS 0.21 0.34 0.53 0.48 0.81
Dividends Per Share 0.06 0.09 0.10 0.10 0.16
Total Assets 242.02M 381.17M 511.30M 677.81M 970.58M
Total liabilities 110.94M 238.31M 343.36M 444.48M 653.19M
Total equity 122.64M 119.33M 134.45M 175.57M 242.18M
Operating cash flow 6.81M 11.12M 37.74M 51.20M 59.88M

Valuation Measures

Mar 2020
PER13.82
ROA5.02%
ROE19.81%
Operating margin10.43%
Profit margin5.09%

Key executives

  • President & Representative Director: Hitoshi Honna
  • Manager-Finance & Accounting: Tsuneo Shibasaki
  • Manager-Information Systems: Toshimasa Sone
  • Director & Sales Manager: Yasushi Saito
  • Managing Director: Kuniharu Takemata

Shareholders

  • Hikari Tsushin, Inc. (17.2%)
  • Kisco Ltd. (9.1%)
  • Ueda Yagi Tanshi Co., Ltd. (6.7%)
  • Hanwa Co., Ltd. (6.3%)
  • CBC Co., Ltd. (4.7%)
  • Taiheiyo Cement Corp. (4.2%)
  • Sumitomo Realty & Development Co., Ltd. (4.2%)
  • Hikari Tsushin KK (2.7%)
  • Nittan Capital Asia Co. Ltd. (2.5%)
  • Hazama Ando Corp. (2.3%)

Contact Details

  • Website:http://www.erex.co.jp
  • Address: Kyobashi Edogrand, 14/F, 2-2-1 Kyobashi, Tokyo, 104-0031, Japan
  • Phone: +81.3.3243.1185

Related Companies

  • eREX Singapore PTE LTD
  • Buzen Biomass Center Co. Ltd.
  • Okinawa Gas New Power Co.
  • Okinawa Uruma New Energy KK
  • Evergreen Marketing Co., Ltd.
  • eREX Spark Marketing Co., Ltd.
  • Saiki Biomass Center Co., Ltd.
  • Erex Board Incentive Plan
  • Erex New Energy Saeki KK
  • Erex New Energy KK

Competitors

    Last Updated on 1 Jul, 2020

    You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

    Stay ahead with our exclusives on Asia;
    the most dynamic market in the world.

    Stay ahead with our exclusives on Asia

    Get trusted insights from experts within Asia itself.

    Get trusted insights from experts
    within Asia itself.

    Get Unlimited access

    You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

    This is your last free article this month

    Stay ahead with our exclusives on Asia; the most
    dynamic market in the world
    .

    Get trusted insights from experts
    within Asia itself.

    Try 3 months for $9

    Offer ends July 31st

    Your trial period has expired

    You need a subscription to...

    • Read all stories with unlimited access
    • Use our mobile and tablet apps
    See all offers and subscribe

    Your full access to the Nikkei Asian Review has expired

    You need a subscription to:

    • Read all stories with unlimited access
    • Use our mobile and tablet apps
    See all offers
    NAR on print phone, device, and tablet media