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The Chugoku Electric Power Co., Inc.

The Chugoku Electric Power Co., Inc.

CGKEY
The Chugoku Electric Power Co., Inc.US flagOther OTC
9.69
USD
- -
- -
1.74BMarket Cap
The Chugoku Electric Power Co., Inc.
CGKEY
(Other OTC)

Recent

price

9.69

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
6,010.66
6,493.24
6,615.66
6,926.77
7,169.59
6,797.72
6,739.26
7,639.34
7,999.91
7,737.6
7,257.63
6,310.05
9,407.78
9,042.79
8,500.65
8,022.21
4,370.73
Revenue per Share
9.84
13.72
-121.04
-51.75
186.75
149.65
63.67
120.3
66.5
517.18
80.84
-220.42
-862.6
741.18
547.4
381.22
58.15
Basic EPS, GAAP
862.79
988.18
493.44
610.38
844.71
816.52
538.99
957.38
474.28
744.58
611.85
1.72
-348.06
1,506.74
1,034.06
1,319.82
- -
Free Cash Flow per Basic Share
100
100.06
100
99.96
100
100.04
101.75
100.06
100.06
98.9
100.05
100.04
30.01
10
70.11
64.13
- -
Dividend per Share
3,557.73
3,473.84
3,263.78
3,112.27
3,146.66
3,197.95
3,214.82
3,346.31
3,312.94
3,749.44
3,602.26
3,279.9
2,382.71
3,116.05
3,597.7
3,916.91
3,343.24
Book Value per Share
3,632.02
3,544.51
3,394.33
3,344.57
3,447.22
3,358.83
3,262.79
3,373.84
3,245.64
3,713.87
3,665.42
3,377.75
2,528.66
3,405.51
3,923.77
4,312.24
3,707.14
Tangible Book Value per Share
182
182
181
181
181
181
178
172
172
174
180
180
180
180
180
180
180
Basic Weighted Avg Shares
1,094,299
1,181,348
1,199,727
1,256,053
1,299,623
1,231,571
1,200,379
1,314,967
1,376,978
1,347,352
1,307,498
1,136,646
1,694,601
1,628,784
1,529,217
1,442,301
787,238
Sales/Revenue/Turnover
4.43
4.66
-0.33
0.72
5.49
4.06
2.88
3.01
1.42
3.58
2.62
-5.34
-4.07
12.7
8.45
6.26
5.3
Operating Margin (%)
129,771
127,248
112,842
107,887
108,476
106,170
105,690
104,106
104,779
81,263
83,418
79,621
92,584
106,488
114,837
139,139
- -
Depreciation Expense
1,792
2,497
-21,951
-9,384
33,852
27,113
11,341
20,707
11,446
90,056
14,564
-39,705
-155,378
133,501
98,474
68,539
10,473
Net Income, GAAP
59.66
87.09
- -
- -
39.63
35
31.19
24.91
26.58
27.48
22.04
- -
- -
30.54
22.56
24.73
64.88
Effective Tax Rate (%)
0.16
0.21
-1.83
-0.75
2.6
2.2
0.94
1.57
0.83
6.68
1.11
-3.49
-9.17
8.2
6.44
4.75
1.33
Profit Margin (%)
-201,448
-141,570
-225,913
-161,171
-68,754
-212,349
-230,220
-212,453
-299,168
-241,955
-379,775
-354,769
-367,522
-70,713
60,604
177,324
354
Working Capital
1,425,531
1,495,184
1,438,965
1,559,943
1,677,362
1,627,201
1,693,735
1,817,211
1,802,834
1,908,267
1,870,357
2,084,525
2,379,757
2,615,528
2,855,419
3,036,545
2,756,206
LT Debt
661,244
644,871
615,550
606,482
624,874
608,533
581,160
580,742
558,653
646,698
660,344
608,442
455,481
613,398
705,863
775,291
667,716
Total Equity
0.88
0.32
- -
- -
1.85
1.38
1.01
1.23
0.58
1.37
1
- -
- -
4.36
2.86
1.81
0.42
Return on Invested Capital (%)
0.56
0.26
- -
- -
2.1
1.82
1.13
1.43
0.87
3.9
0.86
- -
- -
4.42
3.22
2.41
0.38
Return on Capital (%)
0.27
0.39
-3.59
-1.62
5.97
4.72
1.97
3.61
2
14.73
2.24
-6.41
-30.47
26.96
16.3
10.14
1.81
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
70,345
- -
69,295
LT Borrowings
2,615,528
- -
2,756,206
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
360
- -
360
Market Capitalization
362,541
356,347
315,080

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
650,567
- -
703,889
Cash, Cash Equivalents & STI
301,352
- -
292,252
Accounts Receivable, Net
114,718
- -
133,598
Inventories
77,539
- -
78,724
Total Current Liabilities
721,280
- -
703,535
Payables & Accruals
- -
- -
- -
ST Debt
70,345
- -
69,295
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.61%
5.32%
9.84%
Free Cash Flow
-2,093.11%
-4,192.2%
27.56%
Net Income, GAAP
25.88%
-64.77%
-30.4%
Sales/Revenue/Turnover
2.7%
4.07%
-5.68%
Total Cash Common Dividend
45.46%
91%
-8.58%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
401,078
440,468
363,281
423,957
1,628,784
2025
- -
- -
- -
- -
1,529,217
2026
- -
- -
- -
- -
1,442,301

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
347.74
- -
- -
- -
741.18
2025
- -
- -
- -
- -
547.4
2026
- -
- -
- -
- -
381.22

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
10
2025
- -
- -
- -
- -
70.11
2026
- -
- -
- -
- -
64.13
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Business
The Chugoku Electric Power Co., Inc. (CGKEY) operates as an integrated electric utility company primarily engaged in the generation, transmission, and distribution of electricity in Japan. The company produces power from thermal, hydroelectric, nuclear, and renewable sources, including coal-fired, gas-fired, and oil-fired thermal plants; hydroelectric facilities; and solar, wind, and biomass energy installations. It supplies electricity to residential, commercial, industrial, and governmental customers across the Chugoku region, encompassing Hiroshima, Okayama, Yamaguchi, Shimane, and Tottori prefectures. Core services include retail electricity sales, power transmission and distribution network operations, and demand-side management programs such as energy efficiency consulting and load leveling initiatives. The company also provides engineering services for power plant construction and maintenance, smart grid solutions, and telecommunications infrastructure via its fiber optic network. Additionally, it offers gas supply, heat supply, and environmental services like waste management and renewable energy development through subsidiaries. Founded in 1951 and headquartered in Hiroshima, Japan, The Chugoku Electric Power maintains operations predominantly within western Japan, with strategic investments in overseas renewable projects in Asia and North America. The company serves a customer base exceeding 7 million accounts, focusing on stable power supply amid Japan's energy transition toward decarbonization. In recent developments, the company has advanced its nuclear restart efforts with the Shimane Nuclear Power Station Unit 2 resuming commercial operations in 2024 following regulatory approvals, marking a key step in baseload power restoration. It formed a strategic partnership with Mitsubishi Corporation in 2024 to jointly develop offshore wind projects off the coast of Yamaguchi Prefecture, targeting 400 MW capacity by 2030. Additionally, Chugoku Electric secured a JPY 50 billion funding round in late 2024 from institutional investors to support grid modernization and battery storage expansions, while launching a new hydrogen production pilot plant in Okayama in early 2025.