1. Japan Stocks

  2. •

    Utilities

  3. •

    Alternative power generation
RENOVA, Inc.

RENOVA, Inc.

756.00
JPY
-14.00
(-1.82%)
75.75BMarket Cap
Nov 11Next Earn
2015 Y
2016 Y
2017 Y
2018 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
79.02
132.06
116.43
159.37
253.39
267.34
373.99
427.3
567.47
780.37
969.19
- -
Basic EPS, GAAP
6.18
4.72
28.5
10.86
46.75
149.67
20.24
34.08
112.32
29.85
36.59
- -
Free Cash Flow per Basic Share
-76.91
-54.89
64.07
51.95
-140.86
89.07
-42.86
-10.23
35.77
252.9
247.19
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
36.8
54.63
91.28
103.03
169.04
196.27
406.07
545.93
861.06
985.28
1,359.04
- -
Tangible Book Value per Share
27.98
39.12
73.22
85.68
101.24
-60.68
-73.74
82.64
420.64
609.78
999.83
- -
Basic Weighted Avg Shares
70
65
71
74
76
77
78
79
79
90
90
90
Sales/Revenue/Turnover
5,540
8,556
8,265
11,740
19,167
20,553
29,207
33,581
44,748
70,246
87,622
- -
Operating Margin (%)
10.7
24.61
33.81
31.35
31.92
23.83
12.09
26.91
11.93
4.6
8.42
- -
Depreciation Expense
807
1,771
1,922
2,573
4,794
6,015
8,256
9,231
11,235
16,513
17,797
- -
Net Income, GAAP
434
306
2,023
800
3,536
11,507
1,581
2,678
8,857
2,687
3,308
- -
Effective Tax Rate (%)
38.97
42.24
27.5
22.97
32.76
6.38
40.06
17.1
12.61
11.77
21.22
- -
Profit Margin (%)
7.83
3.57
24.48
6.81
18.45
55.99
5.41
7.97
19.79
3.83
3.78
- -
Working Capital
2,796
6,756
9,322
13,775
21,997
33,324
35,950
45,347
43,807
55,456
57,458
- -
LT Debt
18,699
34,607
36,717
45,196
116,545
151,587
193,406
190,258
272,622
294,833
308,392
- -
Total Equity
3,497
5,135
7,482
10,868
16,909
24,864
52,441
64,732
105,698
133,424
185,879
- -
Return on Invested Capital (%)
- -
3.38
4.26
5.18
3.83
2.6
0.23
2.76
1.28
0.81
1.31
- -
Return on Capital (%)
- -
0.98
4.98
1.75
3.86
8.03
0.77
1.43
3.03
1.62
1.55
- -
Return on Common Equity (%)
- -
9.18
37.85
11.14
34.38
81.7
6.71
7.16
15.96
3.42
3.12
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
34,556
32,404
- -
LT Borrowings
299,024
300,585
- -
LT Finance Leases
7,932
7,807
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
90
90
90
Market Capitalization
85,135
75,751
89,065

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
99,546
106,125
- -
Cash, Cash Equivalents & STI
21,941
25,464
- -
Accounts Receivable, Net
11,357
12,069
- -
Inventories
3,905
2,582
- -
Total Current Liabilities
49,891
48,667
- -
Payables & Accruals
- -
- -
- -
ST Debt
34,556
32,404
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
50.36%
52.64%
39.31%
Free Cash Flow
-79.11%
5.88%
-1.83%
Net Income, GAAP
120.66%
33.46%
23.11%
Sales/Revenue/Turnover
33.56%
34.41%
24.74%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
70,246
2026
- -
- -
- -
- -
87,622
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
29.85
2026
- -
- -
- -
- -
36.59
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yosuke Kiminami
Full Time Employees
314
Sector
Utilities
Industry
Alternative power generation
Address
Kyobashi Edogrand Tokyo TY Japan 104-0031
IPO Date
Feb 23, 2017
Website
renovainc.jp
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Business
RENOVA, Inc. (9519.T) develops, owns and operates renewable energy power plants primarily in Japan and select international markets; it generates and sells electricity from solar photovoltaic, onshore and offshore wind, biomass, geothermal and hydro power facilities through its Renewable Energy Power Generation Business segment, while its Renewable Energy Development and Operation Business segment focuses on project development, engineering and maintenance services for these assets. The company also advances green transformation (GX) initiatives, including non-FIT renewables via off-site power purchase agreements (PPAs), utility-scale energy storage systems (ESS) in Japan, the United States and Asia such as the Himeji facility, green hydrogen and ammonia production for hard-to-abate industries, and biomass-derived fuels like pellets, black pellets, renewable diesel and sustainable aviation fuel (SAF) from untapped resources in North America and Asia-Pacific. Founded on May 30, 2000 and headquartered at 18F KYOBASHI EDOGRAND, 2-2-1 Kyobashi, Chuo-ku, Tokyo 104-0031 Japan, RENOVA operates through numerous subsidiaries including RENOVA Renewables Asia Pte. Ltd., Renova USA Inc. and project-specific entities like Kanda Biomass Energy K.K. and Reihoku Wind Power G.K., targeting corporate customers under RE100, electricity retailers, grid operators and industrial users across Japan, Southeast Asia (Philippines, Vietnam, Indonesia), the US and beyond. Recent developments include a capital and business alliance with Tokyo Gas announced April 1, 2024 encompassing joint investments in energy storage plants, development funding for renewables and a PPA for the 54.6 MW Reihoku Amakusa Onshore Wind project; a US$25 million convertible bond subscription in Pathway Power Holdings LLC in December 2023 marking its US market entry; additional equity acquisition in Omaezakikou Biomass Energy G.K. in February 2025 to consolidate it as a subsidiary; and a 20-year power sales contract for an 85 MW solar project in the Philippines with Victorias Green Energy Corp. in November 2025, advancing its Medium-Term Management Plan 2030 goal of 5.0 GW total capacity including 1.8 GW overseas.