- CEO
- Susumu Saito
- Full Time Employees
- 9,239
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- 2, Higashi 1-chome, Odori Sapporo HO Japan 060-8677
- IPO Date
- Aug 1, 1951
- Business
- Hokkaido Electric Power Company, Incorporated (HEPCO) generates, transmits, and distributes electricity primarily in Japan's Hokkaido region. The company operates thermal, hydroelectric, photovoltaic, and wind power generation plants; provides electricity retail and transmission services through its subsidiary Hokkaido Electric Power Network Co., Ltd., established following the 2020 legal separation of transmission and distribution; and offers ancillary services including electrical and telecommunication works, civil engineering and construction, piping, air-conditioning, water supply and drainage facilities, disaster prevention equipment, electricity meter manufacturing, maintenance and sales, energy conservation consulting, fuel procurement, coal handling and storage, information processing systems, telecommunication services, building management, rental properties, parking lots, travel agencies, insurance, and utility pole advertising. Founded in 1951 and headquartered in Sapporo, Hokkaido, HEPCO primarily serves residential, commercial, and industrial customers across Hokkaido with a focus on stable power supply amid regional energy demands. Recent developments include the March 2025 establishment of a 50-50 joint venture, Hokkaido Renewable Energy Aggregation Co., Ltd., with Mitsubishi Corporation to aggregate solar and wind assets and expand renewables targeting over 300MW by 2030; and the September 2025 acquisition of a stake in the Ishikari Bay New Port Offshore Wind Farm alongside JERA Nex, Tohoku Electric Power, and Green Power Investment Corporation to enhance offshore wind operations and regional synergies.