Chugoku Electric Power Co., Inc.
5.60
EUR
+0.10
(+1.82%)
ISIN
JP3522200009
Return %
Stock
S&P 500
1Y
14.75
14.20
3Y
-1.75
81.12
5Y
-23.81
68.34
Capital Structure
JPY
•
in mil. unless spec.Working Capital
JPY
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in mil. unless spec.Growth Rates
JPY
•
in mil. unless spec.Quarterly Revenue
JPY
•
in mil. unless spec.Quarterly Earnings Per Share
JPY
•
in mil. unless spec.Quarterly Dividends Per Share
JPY
•
in mil. unless spec.Company Description
- CEO
- Nakagawa Kengo
- Full Time Employees
- 12,606
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- 4-33, Komachi Hiroshima HI Japan 730-8701
- IPO Date
- Nov 1, 1952
- Website
- energia.co.jp
- Similar Companies
- Business
- The Chugoku Electric Power Co., Inc. (9504.T) operates as an electric utility primarily engaged in the generation, transmission, distribution, and sale of electricity across Japan's Chugoku region, encompassing Tottori, Shimane, Okayama, Hiroshima, and Yamaguchi prefectures; the company maintains a diverse power generation portfolio including thermal plants fueled by coal, LNG, oil, and biomass totaling approximately 6,623 MW, hydroelectric facilities at 2,910 MW with pumped-storage capabilities, nuclear power via Shimane Nuclear Power Station Unit 2 at 820 MW and Unit 3 under construction at 1,373 MW, alongside renewables such as photovoltaic installations like Fukuyama and Ube at 3 MW each and other new energy sources at 6 MW; it provides comprehensive energy services encompassing liquefied natural gas, coal, and fuel sales, electricity and heat supply, telecommunications including internet, telephone, broadcasting, Ethernet networks, and data centers for corporate DX solutions, as well as environmental consulting, business support, real estate, and construction services through 19 consolidated subsidiaries and affiliates. Founded in 1951 and headquartered in Hiroshima, Japan, the company serves 4.83 million customer accounts with 44.60 billion kWh in retail sales and 8.02 billion kWh to other utilities in FY2024, supported by 8,130 km of transmission lines, 81,459 km of distribution lines, and 61.721 million kVA substation capacity, while procuring coal from Australia and Indonesia, LNG from Australia and Malaysia, and biomass fuels. Recent developments include the September 2024 conclusion of a 53.9 billion yen transition-linked loan with 29 Japanese financial institutions, including Hiroshima Bank and Chugoku Bank, to fund non-fossil generation upgrades in nuclear and renewables plus grid enhancements, tied to halving retail CO2 emissions by FY2030 versus FY2013; April 2024 launch of the brand message “Ichinichimo, Hyakunenmo” emphasizing daily and long-term regional support amid corporate culture reforms; ongoing operations at Misumi Power Station Unit 2 since 2022, Shimane Nuclear Unit 3 construction, and Carbon Neutral 2050 initiatives under the ENERGIACHANGE 2030 vision with a FY2025-2026 medium-term plan; divestiture of Tempearl Industrial shares in April 2024 reducing affiliates from 21 to 19; and historic FY2024 profit recovery via rate adjustments, fuel cost mechanisms, and Shimane Nuclear stability despite prior financial strains.