- CEO
- Daisuke Sakai
- Full Time Employees
- 38,341
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- 1-1-3 Uchisaiwai-cho Tokyo TY Japan 100-8560
- IPO Date
- Aug 24, 1951
- Business
- Tokyo Electric Power Company Holdings, Incorporated (TEPCO), a holding company overseeing electricity generation, transmission, distribution, and retail in Japan, primarily serves the Tokyo metropolitan area and surrounding regions including the Kanto region and Yamanashi Prefecture. Founded in 1951 and headquartered at 1-1-3 Uchisaiwai-cho, Chiyoda-ku, Tokyo, Japan, TEPCO operates through key subsidiaries offering thermal power generation via TEPCO Fuel & Power, which handles fuel procurement, overseas power development, and domestic thermal plants; nuclear power generation with a focus on safety reforms post-Fukushima; hydroelectric and renewable energy sources including solar, geothermal, offshore wind, and new renewables managed by TEPCO Renewable Power; power grid operations through TEPCO Power Grid for transmission, substations, distribution, and smart infrastructure maintenance; energy partner solutions via TEPCO Energy Partner for customized total energy services, power procurement, and retail sales to residential, commercial, and industrial customers; and holdings-level management support alongside nuclear and other specialized businesses. The company maintains a vertically integrated model across these segments, generating power from a diverse portfolio of nuclear, thermal, hydroelectric, and renewables; trading fuels like LNG; and expanding internationally through consulting in over 70 countries and investments abroad. TEPCO reports consolidated net sales of approximately 6.9 trillion yen, with 38,000 employees and electricity sales of 228.7 TWh annually. Recent strategic developments include the acquisition of Scottish offshore wind developer Flotation Energy to bolster global renewables; investments exceeding 220 billion yen in data center grid enhancements and 470 billion yen in power grid expansion for AI-driven demand by FY2027; partnerships such as with AI Power for next-generation battery R&D using AI materials exploration, Shizen Connect for AI-powered virtual power plants, and through JERA (a TEPCO-Chubu Electric JV) for offshore wind with BP targeting 13 GW capacity, LNG supply with ADNOC Gas, and expanded power trading with EDF; plans to invest over 1.5 trillion yen in data centers as a core business; and ongoing nuclear safety improvements at Kashiwazaki-Kariwa amid FY2025 earnings reflecting stable ordinary income despite sales volume dips. These initiatives underscore TEPCO's pivot toward AI-enabled energy storage, renewables, and data center infrastructure to meet surging demand while advancing decarbonization.