Electric Power Development
Electric Power Development Co., Ltd.
Company highlights
Plant and fuel costs, together with how much electricity is actually generated, set the cost of each kilowatt-hour, and supply, demand, and contract terms set the wholesale price. Rules and contracts for transmission, distribution, and retail set the rates charged, and decide from whom, when, and how far costs can be recovered.
Vol.1, Chapter 6 (as of 2026-09-14)
Key figures
Period Apr 2025 to Mar 2026ConsolidatedJapanese GAAP
Business revenue model
Featured in
Vol.1, Chapter 6 (as of 2026-09-14)
“How Japan's Electricity Industry Moves Money and Sets Prices”, Chapter 6: Who Buys a Generator's Electricity, and Under What Contracts
Book’s reference date 2026-09-14 / data last checked 2026-10-20
The move that changed J-POWER
It decided to sell the environmental value from its own hydro plants as non-fossil certificates, about 100 million kWh a year from generation in 2025, under a long-term contract of 10 years or more.
On June 24, 2025, J-POWER announced that it had signed "a long-term contract for trading environmental value (non-fossil certificates)." The company's announcement writes the certificate as "environmental value (non-fossil certificates)," and it is traded separately from electricity itself. The volume is about 100 million kWh a year, it covers generation from 2025 onward, and the term is 10 years or more. What is sold is the non-fossil certificate, a separate transaction from a retail contract that supplies the same volume of electricity directly. As an example of a transaction in non-fossil certificates alone, a group company of RENOVA has a contract with Otsuka Corporation under which Otsuka pays for non-FIT non-fossil certificates while the electricity itself is sold to the wholesale exchange. For J-POWER's long-term contract for environmental value from hydro, the name of the counterparty and the unit price are not disclosed in the documents reviewed. A contract to sell generated electricity and a contract to sell the environmental value that comes with that electricity can be signed separately. The form is one in which a single plant produces two streams of revenue, one for electricity and one for environmental value. How much this contract contributed to profit for the year cannot be calculated from the disclosures.
Coverage in the book
- Some Plants Have a Buyer Before They Begin Operating
- Revenue from Power Sold to Other Suppliers of ¥799,777 Million, and Retail Power-Service Revenue of ¥5,884 Million
- The Buyers Divide Six Ways, and Each Sets Prices Differently
- From September 2025, the Retail Fuel Cost Adjustment Is Set in Each Contract
- Against 22.48 Million kW of Facilities, Electricity Sold Is 81,144 Million kWh
Related books, articles and videos
“How Japan's Electricity Industry Moves Money and Sets Prices”
Chapter 6: Electric Power Development
“Who Buys a Generator's Electricity, and Under What Contracts”
“Ano Gyokai no Shikumi” series, Vol.1 — Kindle and paperback
Find it on Amazon →
Company profile
Tables scroll sideways
Disclosed data
Business activities and revenue composition
Electric Power Development
Revenue and profit by business segment
Period Apr 2025 to Mar 2026Source Annual securities reportsConsolidated・Disclosed
| Business | Net sales to external customers | Ordinary income | |||||
|---|---|---|---|---|---|---|---|
| This year | Share | Last year | This year | Share | Margin | Last year | |
| PowerGeneration | ¥840.4 billion | 72.0% | ¥945.7 billion | ¥45.4 billion | 28.5% | 5.4% | ¥68.5 billion |
| Overseas | ¥227.9 billion | 19.5% | ¥244.7 billion | ¥94.9 billion | 59.7% | 41.6% | ¥34.5 billion |
| Electric power - related | ¥49.6 billion | 4.3% | ¥59.2 billion | ¥17.0 billion | 10.7% | 34.2% | ¥34.1 billion |
| TransmissionandTransformation | ¥49.3 billion | 4.2% | ¥49.9 billion | ¥1.8 billion | 1.1% | 3.6% | ¥2.8 billion |
| Total of the businesses | ¥1,167.2 billion | 100.0% | ¥159.0 billion | 100.0% | |||
Revenue and profit
Amounts by account
| Group | Account | Amount | Consolidated / Non-consolidated |
|---|---|---|---|
| Selling, general and administrative expenses | Personnel expenses | ¥16.7 billion | Consolidated |
| Other | ¥13.0 billion | Consolidated | |
| Research and development expenses | ¥9.5 billion | Consolidated | |
| Depreciation | ¥2.5 billion | Consolidated | |
| Repair expenses | ¥1.8 billion | Consolidated | |
| Taxes and dues | ¥1.3 billion | Consolidated | |
| Amortization of goodwill | ¥0.6 billion | Consolidated | |
| Profit by stage | Ordinary income | ¥158.5 billion | Consolidated |
| Operating income | ¥101.0 billion | Consolidated | |
| Net income | ¥58.5 billion | Consolidated |
Electric Power Development
Selling, general and administrative expenses
Period Apr 2025 to Mar 2026Source Annual securities reports
- Personnel expenses ¥16.7 billion
- Other ¥13.0 billion
- Research and development expenses ¥9.5 billion
- Depreciation ¥2.5 billion
- Repair expenses ¥1.8 billion
- Taxes and dues ¥1.3 billion
Performance, financial position and capital allocation
Long-term changes in performance
Electric Power Development
Long-term revenue, profit and asset trends
Period 2013 to 2026Source Annual securities reportsDisclosed
Electric Power Development
Recent performance trends
Source Annual securities reports
Year-on-year comparison
| Item | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Operating revenue | ¥1,084.6B | ¥1,841.9B | ¥1,258.0B | ¥1,316.7B | ¥1,182.3B |
| Year on year (%) | +19.3% | +69.8%◆ | -31.7%◆ | +4.7% | -10.2% |
| Ordinary income (loss) | ¥72.8B | ¥170.8B | ¥118.5B | ¥140.1B | ¥158.5B |
| Change from prior year | +19.6% | +134.5% | -30.6% | +18.2% | +13.2% |
| Ordinary income (loss) as a share of Operating revenue | 6.7% | 9.3% | 9.4% | 10.6% | 13.4% |
| Change (percentage points) | +0.0 points | +2.6 points◆ | +0.2 points | +1.2 points | +2.8 points◆ |
Fiscal periods marked for changes
Earlier fiscal periods (3)
- 2015Ordinary income (loss) as a share of revenue +2.2 points
- 2018Ordinary income (loss) as a share of revenue +2.9 points
- 2019Ordinary income (loss) as a share of revenue -4.3 points
- 2023Operating revenue year on year +69.8%, Ordinary income (loss) as a share of revenue +2.6 points
- 2024Operating revenue year on year -31.7%
- 2026Ordinary income (loss) as a share of revenue +2.8 points
Electric Power Development
Earnings and net assets per share over time
Unit yenSource Annual securities reports
Electric Power Development
Return on equity over time
Unit %Source Annual securities reports
Consolidated indicators (14 items)
| Item | 4 years ago | 3 years ago | 2 years ago | Last year | This year |
|---|---|---|---|---|---|
| Operating revenue | ¥1,084.6 billion | ¥1,841.9 billion | ¥1,258.0 billion | ¥1,316.7 billion | ¥1,182.3 billion |
| Ordinary income (loss) | ¥72.8 billion | ¥170.8 billion | ¥118.5 billion | ¥140.1 billion | ¥158.5 billion |
| Net income (loss) attributable to owners of parent | ¥69.7 billion | ¥113.7 billion | ¥77.8 billion | ¥92.5 billion | ¥58.5 billion |
| Comprehensive income | ¥129.4 billion | ¥194.7 billion | ¥159.7 billion | ¥157.0 billion | ¥125.2 billion |
| Net assets | ¥964.2 billion | ¥1,192.8 billion | ¥1,333.1 billion | ¥1,463.5 billion | ¥1,534.5 billion |
| Total assets | ¥3,066.2 billion | ¥3,362.7 billion | ¥3,475.8 billion | ¥3,668.7 billion | ¥3,739.7 billion |
| Net assets per share | 5,004.62 yen | 5,931.99 yen | 6,649.42 yen | 7,305.66 yen | 7,985.24 yen |
| Basic earnings (loss) per share | 380.7 yen | 621.5 yen | 425.31 yen | 505.64 yen | 325.51 yen |
| Equity-to-asset ratio | 29.9% | 32.3% | 35.0% | 36.4% | 37.6% |
| Return on equity | 8.1% | 11.4% | 6.8% | 7.2% | 4.3% |
| Net cash provided by (used in) operating activities | ¥128.4 billion | ¥155.8 billion | ¥254.0 billion | ¥250.3 billion | ¥224.3 billion |
| Net cash provided by (used in) investing activities | ¥-178.8 billion | ¥-150.8 billion | ¥-162.0 billion | ¥-122.8 billion | ¥-193.2 billion |
| Net cash provided by (used in) financing activities | ¥84.1 billion | ¥96.0 billion | ¥-65.9 billion | ¥-133.7 billion | ¥-64.2 billion |
| Cash and cash equivalents | ¥222.6 billion | ¥334.3 billion | ¥370.7 billion | ¥373.1 billion | ¥348.9 billion |
Parent only indicators (14 items)
| Item | 4 years ago | 3 years ago | 2 years ago | Last year | This year |
|---|---|---|---|---|---|
| Operating revenue | ¥790.1 billion | ¥1,370.7 billion | ¥843.2 billion | ¥930.6 billion | ¥827.9 billion |
| Ordinary income (loss) | ¥58.3 billion | ¥75.3 billion | ¥55.2 billion | ¥107.5 billion | ¥105.9 billion |
| Net income (loss) | ¥73.7 billion | ¥60.1 billion | ¥52.3 billion | ¥93.2 billion | ¥54.7 billion |
| Capital stock | ¥180.5 billion | ¥180.5 billion | ¥180.5 billion | ¥180.5 billion | ¥180.5 billion |
| Total number of issued shares (common stock) | 183,051,000 shares | 183,051,000 shares | 183,051,000 shares | 183,051,000 shares | 183,051,000 shares |
| Net assets | ¥742.9 billion | ¥772.4 billion | ¥825.7 billion | ¥900.0 billion | ¥938.4 billion |
| Total assets | ¥2,420.1 billion | ¥2,488.4 billion | ¥2,533.1 billion | ¥2,560.3 billion | ¥2,600.2 billion |
| Net assets per share | 4,058.32 yen | 4,224.18 yen | 4,515.16 yen | 4,921.16 yen | 5,331.61 yen |
| Dividend per share | 75 yen | 90 yen | 100 yen | 100 yen | 100 yen |
| Interim dividend per share | 35 yen | 40 yen | 45 yen | 50 yen | 50 yen |
| Basic earnings (loss) per share | 402.61 yen | 328.53 yen | 286.23 yen | 509.82 yen | 303.91 yen |
| Equity-to-asset ratio | 30.7% | 31.0% | 32.6% | 35.2% | 36.1% |
| Return on equity | 10.4% | 7.9% | 6.6% | 10.8% | 5.9% |
| Payout ratio | 18.6% | 27.4% | 34.9% | 19.6% | 32.9% |
Dividend history
| Fiscal year | Annual dividend per share | Of which interim | Payout ratio (as reported, parent only) | Flag |
|---|---|---|---|---|
| FY ending 3/2026 | ¥100 | ¥50 | 32.9% | |
| FY ending 3/2025 | ¥100 | ¥50 | 19.6% | |
| FY ending 3/2024 | ¥100 | ¥45 | 34.9% | |
| FY ending 3/2023 | ¥90 | ¥40 | 27.4% | |
| FY ending 3/2022 | ¥75 | ¥35 | 18.6% | |
| FY ending 3/2021 | ¥75 | ¥35 | 88.4% | |
| FY ending 3/2020 | ¥75 | ¥35 | 23.9% | |
| FY ending 3/2019 | ¥75 | ¥35 | 26.0% | |
| FY ending 3/2018 | ¥75 | ¥35 | 32.7% | |
| FY ending 3/2017 | ¥70 | ¥35 | 24.9% | |
| FY ending 3/2016 | ¥70 | ¥35 | 42.1% | |
| FY ending 3/2015 | ¥70 | ¥35 | 47.4% | |
| FY ending 3/2014 | ¥70 | ¥35 | 47.5% | |
| FY ending 3/2013 | ¥70 | ¥35 | 56.5% |
Electric Power Development
Dividends per share over time
Unit yenSource Annual securities reports
Shareholder composition
Share ownership by holder category
Electric Power Development
Unit %Source Annual securities reports
- Financial institutions38.56%
- Securities firms6.83%
- Other corporations5.89%
- Foreign holders (institutions)23.72%
- Foreign holders (individuals)0.08%
- Individuals and others24.93%
Major shareholders
| Rank | Shareholder | Shareholding ratio | Shares held |
|---|---|---|---|
| 1 | 日本マスタートラスト信託銀行株式会社(信託口) | 11.59% | 20,429,000 |
| 2 | 日本生命保険相互会社 | 5.19% | 9,152,000 |
| 3 | 株式会社日本カストディ銀行(信託口) | 4.18% | 7,379,000 |
| 4 | J-POWER従業員持株会 | 2.9% | 5,105,000 |
| 5 | JPモルガン証券株式会社 | 2.44% | 4,305,000 |
| 6 | 株式会社みずほ銀行 | 2.05% | 3,608,000 |
| 7 | HSBC HONG KONG-TREASURY SERVICES A/C ASIAN EQUITIES DERIVATIVES (常任代理人 香港上海銀行東京支店) | 1.89% | 3,328,000 |
| 8 | STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 株式会社みずほ銀行決済営業部) | 1.84% | 3,248,000 |
| 9 | 富国生命保険相互会社 | 1.72% | 3,027,000 |
| 10 | 株式会社三井住友銀行 | 1.71% | 3,007,000 |
Research and development expenses and capital expenditure
| Fiscal year | Research and development | Capital expenditure |
|---|---|---|
| FY ending 3/2026 | ¥9.4 billion | ¥188.6 billion |
| FY ending 3/2021 | ¥15.6 billion | ¥171.5 billion |
Research and development expenses and capital expenditure by segment (FY ending 3/2026)
| Segment | Research and development | Capital expenditure |
|---|---|---|
| PowerGeneration | ¥9.3 billion | ¥80.8 billion |
| Overseas | Could not be retrieved | ¥60.2 billion |
| Electric power - related | Could not be retrieved | ¥4.8 billion |
| TransmissionandTransformation | Could not be retrieved | ¥44.4 billion |
Revenue scale in the same industry
Electric Power Development
Source Annual securities reports of each company
Electric Power and Gas: 30 companies · revenue · largest first・FY Mar 2026・Consolidated・Disclosed
- 1 Tokyo Electric Power ¥6.3T
- 2 The Kansai Electric Power ¥4.1T
- 3 Chubu Electric Power ¥3.5T
- … 4 companies
- 8 OSAKA GAS ¥2.0T
- 9 The Chugoku Electric Power ¥1.4T
- 10 Electric Power DevelopmentThis company ¥1.2T
- 11 Hokkaido Electric Power ¥856.0B
- 12 Hokuriku Electric Power ¥786.6B
- … 18 companies
Workforce information
Women 9.8 yrs Average length of service by gender
Women 158 Employees by gender
Administrative filings and published information
Workplace information filings
| Item | Value |
|---|---|
| Employees | 1,899 |
| Average monthly overtime (statutory overtime plus work on statutory days off) |
22 hours |
| Annual paid leave taken |
82.3% |
| Childcare leave taken, men |
95% |
| Childcare leave taken, women |
117% |
| Share of managers who are women | 2% |
| Share of board members who are women | 4.3% |
Greenhouse gas emissions
| Category | Emissions |
|---|---|
| 特定事業所排出者 | 2,361,267 t-CO2 |
| 特定荷主 | 5,626 t-CO2 |
| Sites covered by the report | 11 |
Audit and disclosure information
| Item | Value |
|---|---|
| Audit firm | EY新日本有限責任監査法人 |
| Audit fees (this year, total) | ¥0.2 billion |
| Non-audit fees (this year, total) | ¥33.00 million |
| Audit fees (this year, network firms) | ¥0.2 billion |
| Non-audit fees (this year, network firms) | ¥0.2 billion |
| Going concern note | Cannot be determined |
| Accounting standard | Japanese GAAP |
Sources and methodology
Retrieved disclosed figures
Major management indicators (5 years) (28 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Comprehensive income | ¥125.2 billion | Consolidated |
| Operating revenue | ¥1,182.3 billion | Consolidated |
| Net cash provided by (used in) operating activities | ¥224.3 billion | Consolidated |
| Net cash provided by (used in) investing activities | ¥-193.2 billion | Consolidated |
| Cash and cash equivalents | ¥348.9 billion | Consolidated |
| Net assets | ¥1,534.5 billion | Consolidated |
| Ordinary income (loss) | ¥158.5 billion | Consolidated |
| Total assets | ¥3,739.7 billion | Consolidated |
| Return on equity | 4.3% | Consolidated |
| Equity-to-asset ratio | 37.6% | Consolidated |
| Net income (loss) attributable to owners of parent | ¥58.5 billion | Consolidated |
| Net cash provided by (used in) financing activities | ¥-64.2 billion | Consolidated |
| Basic earnings (loss) per share | 325.51 yen | Consolidated |
| Net assets per share | 7,985.24 yen | Consolidated |
| Dividend per share | 100 yen | Parent only |
| Operating revenue | ¥827.9 billion | Parent only |
| Net income (loss) | ¥54.7 billion | Parent only |
| Total number of issued shares (common stock) | 183,051,000 shares | Parent only |
| Net assets | ¥938.4 billion | Parent only |
| Ordinary income (loss) | ¥105.9 billion | Parent only |
| Total assets | ¥2,600.2 billion | Parent only |
| Return on equity | 5.9% | Parent only |
| Equity-to-asset ratio | 36.1% | Parent only |
| Capital stock | ¥180.5 billion | Parent only |
| Payout ratio | 32.9% | Parent only |
| Interim dividend per share | 50 yen | Parent only |
| Basic earnings (loss) per share | 303.91 yen | Parent only |
| Net assets per share | 5,331.61 yen | Parent only |
Employees (11 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Number of employees | 7,202 people | Consolidated |
| Number of employees | 7,202 people | Consolidated |
| Wage gap between men and women (all employees) | 61.1% | Parent only |
| Average length of service (years) | 18.5 years | Parent only |
| Average annual salary | ¥11.88 million | Parent only |
| Average age (years) | 41.6 years old | Parent only |
| Number of employees | 1,994 people | Parent only |
| Number of employees | 1,994 people | Parent only |
| Number of employees | 1,994 people | Parent only |
| Wage gap between men and women (regular employees) | 60.5% | Parent only |
| Wage gap between men and women (non-regular employees) | 75.6% | Parent only |
Shares (18 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Number of shares held | 62,592,000 shares | Consolidated |
| Total number of shares held treasury shares etc | 6,717,300 shares | Consolidated |
| Number of issues whose number of shares increased shares not listed investment shares held for purposes other than pure investment reporting company | 8 issues | Consolidated |
| Number of issues whose number of shares decreased shares not listed investment shares held for purposes other than pure investment reporting company | 2 issues | Consolidated |
| Number of issues whose number of shares decreased shares other than those not listed investment shares held for purposes other than pure investment reporting company | 4 issues | Consolidated |
| Total acquisition cost for increased shares shares not listed investment shares held for purposes other than pure investment reporting company | ¥1.5 billion | Consolidated |
| Total sale amount for decreased shares shares not listed investment shares held for purposes other than pure investment reporting company | ¥0.2 billion | Consolidated |
| Total sale amount for decreased shares shares other than those not listed investment shares held for purposes other than pure investment reporting company | ¥4.6 billion | Consolidated |
| Number of shares | 183,051,100 shares | Consolidated |
| Shareholding ratio treasury shares etc | 3.7% | Consolidated |
| Shareholding ratio | 35.5% | Consolidated |
| Number of shares held in own name treasury shares etc | 6,717,300 shares | Consolidated |
| Number of voting rights | 1,750,720 units | Consolidated |
| Carrying amount on the balance sheet | ¥9.8 billion | Consolidated |
| Carrying amount on the balance sheet | ¥68.7 billion | Consolidated |
| Number of issues | 33 issues | Consolidated |
| Number of issues | 15 issues | Consolidated |
| Total shareholder return | 248.0% | Parent only |
Other disclosed items (10 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Net sales to external customers | ¥1,182.3 billion | Consolidated |
| Number of unconsolidated subsidiaries and associates accounted for using equity method | 70 companies | Consolidated |
| Equity in earnings losses of affiliates | ¥63.9 billion | Consolidated |
| Investments accounted for using equity method | ¥314.3 billion | Consolidated |
| Increase in property plant and equipment and intangible assets | ¥188.6 billion | Consolidated |
| Depreciation | ¥116.1 billion | Consolidated |
| Number of consolidated subsidiaries | 109 companies | Consolidated |
| Rate of male employees taking childcare leave (all employees) | 110.0% | Parent only |
| Total return on the share price index | 202.2% | Parent only |
| Ratio of female employees in managerial positions | 2.2% | Parent only |
Research and development (1 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Research and development expenses | ¥9.4 billion | Consolidated |
Property and facilities (1 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Capital expenditures | ¥188.6 billion | Consolidated |
Audit (10 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Fees for audit and attestation services - reporting company | ¥0.1 billion | Consolidated |
| Fees for audit and attestation services - total | ¥0.2 billion | Consolidated |
| Fees for audit and attestation services - total | ¥0.2 billion | Consolidated |
| Fees for audit and attestation services - consolidated subsidiaries | ¥0.2 billion | Consolidated |
| Fees for audit and attestation services - consolidated subsidiaries | ¥63.00 million | Consolidated |
| Fees for non-audit services - reporting company | ¥50.00 million | Consolidated |
| Fees for non-audit services - reporting company | ¥33.00 million | Consolidated |
| Fees for non-audit services - total | ¥0.2 billion | Consolidated |
| Fees for non-audit services - total | ¥33.00 million | Consolidated |
| Non audit fees consolidated subsidiaries network firms | ¥0.1 billion | Consolidated |
Accounts unique to this company (18 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Revenue | ¥6.9 billion | Consolidated |
| Revenue | ¥515.5 billion | Consolidated |
| Revenue | ¥227.9 billion | Consolidated |
| Revenue | ¥189.4 billion | Consolidated |
| Revenue | ¥29.2 billion | Consolidated |
| Revenue | ¥302.8 billion | Consolidated |
| Revenue | ¥57.0 billion | Consolidated |
| Revenue | ¥60.7 billion | Consolidated |
| Revenue | ¥20.9 billion | Consolidated |
| Revenue | ¥27.1 billion | Consolidated |
| Revenue | ¥73.9 billion | Consolidated |
| Revenue | ¥6.6 billion | Consolidated |
| Revenue | ¥6.6 billion | Consolidated |
| Revenue | ¥269.1 billion | Consolidated |
| Change in average annual salary from the previous year | 6.4% | Parent only |
| Revenue | ¥8.2 billion | Parent only |
| Revenue | ¥54.00 million | Parent only |
| Revenue | ¥2.0 billion | Parent only |
Balance sheet (134 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Other | ¥46.8 billion | Consolidated |
| Other | ¥27.0 billion | Consolidated |
| Other | ¥110.9 billion | Consolidated |
| Other | ¥81.9 billion | Consolidated |
| Other noncurrent assets ele | ¥85.7 billion | Consolidated |
| Other provision | ¥0.9 billion | Consolidated |
| Other provision | ¥0.9 billion | Consolidated |
| Valuation difference on available-for-sale securities | ¥49.0 billion | Consolidated |
| Goodwill | ¥5.7 billion | Consolidated |
| Lease obligations | ¥1.9 billion | Consolidated |
| Work in process | ¥0.7 billion | Consolidated |
| Retained earnings | ¥843.6 billion | Consolidated |
| Nuclear fuel in processing ncaele | ¥78.4 billion | Consolidated |
| Raw materials and supplies | ¥75.6 billion | Consolidated |
| Notes receivable - trade | ¥0 | Consolidated |
| Notes receivable - trade | ¥110.0 billion | Consolidated |
| Merchandise and finished goods | ¥1.0 billion | Consolidated |
| Non-current liabilities | ¥1,807.0 billion | Consolidated |
| Non-current assets | ¥3,073.5 billion | Consolidated |
| Construction in progress ele | ¥774.9 billion | Consolidated |
| Accounts receivable - trade | ¥107.2 billion | Consolidated |
| Transformation facilities nca electric ele | ¥34.8 billion | Consolidated |
| Contract liabilities | ¥0.1 billion | Consolidated |
| Contract assets | ¥2.8 billion | Consolidated |
| Construction in progress | ¥774.9 billion | Consolidated |
| Investments and other assets | ¥547.7 billion | Consolidated |
| Notes and accounts payable - trade | ¥55.6 billion | Consolidated |
| Renewable power production and related facilities | ¥125.2 billion | Consolidated |
| Accrued taxes | ¥16.8 billion | Consolidated |
| Shareholders' equity | ¥1,131.5 billion | Consolidated |
| Nuclear fuel ncaele | ¥78.4 billion | Consolidated |
| Inventories | ¥77.3 billion | Consolidated |
| General facilities nca electric ele | ¥53.6 billion | Consolidated |
| Hydroelectric power production facilities nca electric ele | ¥382.3 billion | Consolidated |
| Thermal power production facilities nca electric ele | ¥336.0 billion | Consolidated |
| Current liabilities | ¥398.2 billion | Consolidated |
| Current assets | ¥666.2 billion | Consolidated |
| Accumulated depreciation | ¥-3,532.1 billion | Consolidated |
| Foreign currency translation adjustment | ¥187.4 billion | Consolidated |
| Cash and cash equivalents | ¥348.9 billion | Consolidated |
| Cash and deposits | ¥397.0 billion | Consolidated |
| Short-term loans payable | ¥8.3 billion | Consolidated |
| Bonds payable | ¥679.0 billion | Consolidated |
| Net assets | ¥1,534.5 billion | Consolidated |
| Net assets | ¥1,534.5 billion | Consolidated |
| Total assets | ¥3,739.7 billion | Consolidated |
| Total assets | ¥3,739.7 billion | Consolidated |
| Deferred gains or losses on hedges | ¥16.9 billion | Consolidated |
| Deferred tax liabilities | ¥20.5 billion | Consolidated |
| Deferred tax assets | ¥27.4 billion | Consolidated |
| Treasury stock | ¥-20.8 billion | Consolidated |
| Valuation and translation adjustments | ¥274.0 billion | Consolidated |
| Liabilities | ¥2,205.2 billion | Consolidated |
| Liabilities and net assets | ¥3,739.7 billion | Consolidated |
| Allowance for doubtful accounts | ¥-0.2 billion | Consolidated |
| Allowance for doubtful accounts | ¥-3.00 million | Consolidated |
| Capital surplus | ¥128.2 billion | Consolidated |
| Capital stock | ¥180.5 billion | Consolidated |
| Asset retirement obligations | ¥42.5 billion | Consolidated |
| Asset retirement obligations | ¥0.7 billion | Consolidated |
| Remeasurements of defined benefit plans | ¥20.6 billion | Consolidated |
| Net defined benefit liability | ¥25.6 billion | Consolidated |
| Net defined benefit asset | ¥43.9 billion | Consolidated |
| Transmission facilities nca electric ele | ¥132.4 billion | Consolidated |
| Long-term loans payable | ¥989.7 billion | Consolidated |
| Long term investments | ¥449.5 billion | Consolidated |
| Electric utility plant and equipment assets ele | ¥1,071.3 billion | Consolidated |
| Non-controlling interests | ¥129.0 billion | Consolidated |
| Current portion of noncurrent liabilities clele | ¥205.0 billion | Consolidated |
| Other retained earnings | ¥613.7 billion | Parent only |
| Valuation difference on available-for-sale securities | ¥46.3 billion | Parent only |
| Lease obligations | ¥17.00 million | Parent only |
| Non operating facilities ele | ¥0.8 billion | Parent only |
| General reserve | ¥572.9 billion | Parent only |
| Retained earnings | ¥619.8 billion | Parent only |
| Legal retained earnings | ¥6.0 billion | Parent only |
| Prepaid pension cost | ¥18.7 billion | Parent only |
| Prepaid expenses | ¥2.1 billion | Parent only |
| Nuclear fuel in processing ncaele | ¥78.4 billion | Parent only |
| Non-current liabilities | ¥1,346.4 billion | Parent only |
| Non-current assets | ¥2,302.9 billion | Parent only |
| Construction in progress ele | ¥489.4 billion | Parent only |
| Accounts receivable - trade | ¥60.5 billion | Parent only |
| Construction in progress | ¥489.4 billion | Parent only |
| Investments and other assets | ¥900.6 billion | Parent only |
| Renewable power production and related facilities | ¥20.3 billion | Parent only |
| Accrued taxes | ¥8.4 billion | Parent only |
| Accrued expenses | ¥15.9 billion | Parent only |
| Accounts payable - other | ¥15.7 billion | Parent only |
| Shareholders' equity | ¥889.4 billion | Parent only |
| Nuclear fuel ncaele | ¥78.4 billion | Parent only |
| General facilities nca electric ele | ¥52.9 billion | Parent only |
| Hydroelectric power production facilities nca electric ele | ¥401.3 billion | Parent only |
| Thermal power production facilities nca electric ele | ¥349.0 billion | Parent only |
| Current liabilities | ¥315.4 billion | Parent only |
| Current assets | ¥297.2 billion | Parent only |
| Cash and deposits | ¥123.1 billion | Parent only |
| Short-term loans payable | ¥8.0 billion | Parent only |
| Bonds payable | ¥677.5 billion | Parent only |
| Net assets | ¥938.4 billion | Parent only |
| Net assets | ¥938.4 billion | Parent only |
| Total assets | ¥2,600.2 billion | Parent only |
| Deferred gains or losses on hedges | ¥2.7 billion | Parent only |
| Deferred tax assets | ¥18.0 billion | Parent only |
| Retained earnings brought forward | ¥38.9 billion | Parent only |
| Treasury stock | ¥-20.8 billion | Parent only |
| Valuation and translation adjustments | ¥49.0 billion | Parent only |
| Other advances clele | ¥3.4 billion | Parent only |
| Other accounts receivable caele | ¥7.2 billion | Parent only |
| Liabilities | ¥1,661.8 billion | Parent only |
| Liabilities and net assets | ¥2,600.2 billion | Parent only |
| Supplies | ¥55.0 billion | Parent only |
| Accounts payable - trade | ¥10.6 billion | Parent only |
| Allowance for doubtful accounts | ¥-0.2 billion | Parent only |
| Capital surplus | ¥109.9 billion | Parent only |
| Legal capital surplus | ¥109.9 billion | Parent only |
| Capital stock | ¥180.5 billion | Parent only |
| Asset retirement obligations | ¥8.9 billion | Parent only |
| Provision for retirement benefits | ¥22.6 billion | Parent only |
| Long-term loans payable | ¥624.9 billion | Parent only |
| Long-term prepaid expenses | ¥16.3 billion | Parent only |
| Long term investments | ¥100.2 billion | Parent only |
| Long term accrued liabilities nclele | ¥5.9 billion | Parent only |
| Short term debt to subsidiaries and affiliates clele | ¥77.0 billion | Parent only |
| Short term receivables from subsidiaries and affiliates caele | ¥17.5 billion | Parent only |
| Long term debt to subsidiaries and affiliates nclele | ¥2.1 billion | Parent only |
| Long term investment for subsidiaries and affiliates ele | ¥747.4 billion | Parent only |
| Incidental business facilities ele | ¥2.2 billion | Parent only |
| Other noncurrent liabilities nclele | ¥4.5 billion | Parent only |
| Other current liabilities clele | ¥18.6 billion | Parent only |
| Other current assets caele | ¥32.1 billion | Parent only |
| Electric utility plant and equipment assets ele | ¥831.7 billion | Parent only |
| Deposits received | ¥0.4 billion | Parent only |
| Current portion of noncurrent liabilities clele | ¥157.5 billion | Parent only |
Statement of income (117 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Other | ¥21.0 billion | Consolidated |
| Other | ¥7.9 billion | Consolidated |
| Other | ¥13.0 billion | Consolidated |
| Other comprehensive income | ¥51.4 billion | Consolidated |
| Other business operating revenue ele | ¥68.3 billion | Consolidated |
| Other business operating expenses ele | ¥65.6 billion | Consolidated |
| Valuation difference on available for sale securities net of tax | ¥18.1 billion | Consolidated |
| Amortization of goodwill | ¥0.6 billion | Consolidated |
| Personnel expenses | ¥16.7 billion | Consolidated |
| Repair expenses | ¥1.8 billion | Consolidated |
| Dividends from surplus | ¥-18.1 billion | Consolidated |
| Comprehensive income | ¥125.2 billion | Consolidated |
| Interest income | ¥10.2 billion | Consolidated |
| Interest income | ¥10.2 billion | Consolidated |
| Dividend income | ¥2.4 billion | Consolidated |
| Operating income | ¥101.0 billion | Consolidated |
| Operating revenue | ¥1,182.3 billion | Consolidated |
| Operating revenue | ¥1,182.3 billion | Consolidated |
| Non-operating income | ¥97.4 billion | Consolidated |
| Non-operating expenses | ¥39.9 billion | Consolidated |
| Net cash provided by (used in) operating activities | ¥224.3 billion | Consolidated |
| Operating expenses | ¥1,081.3 billion | Consolidated |
| Loss on retirement of non-current assets | ¥18.8 billion | Consolidated |
| Net income | ¥58.5 billion | Consolidated |
| Net income | ¥58.5 billion | Consolidated |
| Net income (loss) | ¥73.8 billion | Consolidated |
| Net income (loss) | ¥73.8 billion | Consolidated |
| Ordinary revenue ele | ¥1,279.7 billion | Consolidated |
| Ordinary expenses ele | ¥1,121.1 billion | Consolidated |
| Net cash provided by (used in) investing activities | ¥-193.2 billion | Consolidated |
| Share of profit of investments accounted for using equity method | ¥63.9 billion | Consolidated |
| Share of other comprehensive income of investments accounted for using equity method | ¥1.1 billion | Consolidated |
| Interest expenses | ¥31.9 billion | Consolidated |
| Interest expenses | ¥31.9 billion | Consolidated |
| Income taxes - current | ¥46.9 billion | Consolidated |
| Income taxes | ¥32.9 billion | Consolidated |
| Income taxes - deferred | ¥-14.0 billion | Consolidated |
| Depreciation | ¥2.5 billion | Consolidated |
| Impairment loss | ¥33.0 billion | Consolidated |
| Impairment loss | ¥33.0 billion | Consolidated |
| Foreign currency translation adjustment net of tax | ¥26.0 billion | Consolidated |
| Extraordinary loss | ¥51.8 billion | Consolidated |
| Effect of exchange rate change on cash and cash equivalents | ¥9.0 billion | Consolidated |
| Net increase (decrease) in cash and cash equivalents | ¥-24.2 billion | Consolidated |
| Research and development expenses | ¥9.5 billion | Consolidated |
| Taxes and dues | ¥1.3 billion | Consolidated |
| Income (loss) before income taxes | ¥106.7 billion | Consolidated |
| Income (loss) before income taxes | ¥106.7 billion | Consolidated |
| Ordinary income | ¥158.5 billion | Consolidated |
| Ordinary income | ¥158.5 billion | Consolidated |
| Deferred gains or losses on hedges net of tax | ¥-2.3 billion | Consolidated |
| Disposal of treasury stock | ¥35.00 million | Consolidated |
| Purchase of treasury stock | ¥-20.5 billion | Consolidated |
| Comprehensive income attributable to owners of parent | ¥108.0 billion | Consolidated |
| Net cash provided by (used in) financing activities | ¥-64.2 billion | Consolidated |
| Selling, general and administrative expenses | ¥62.8 billion | Consolidated |
| Remeasurements of defined benefit plans net of tax | ¥8.4 billion | Consolidated |
| Electric utility operating revenue ele | ¥886.1 billion | Consolidated |
| Electric utility operating expenses | ¥826.3 billion | Consolidated |
| Electric utility operating expenses | ¥826.3 billion | Consolidated |
| Comprehensive income attributable to non-controlling interests | ¥17.2 billion | Consolidated |
| Net income (loss) attributable to non-controlling interests | ¥15.3 billion | Consolidated |
| Operating revenue other businesses or incidental ele | ¥1.1 billion | Parent only |
| Operating expenses other businesses oe incidental ele | ¥0.9 billion | Parent only |
| Operating revenue consulting business or incidental ele | ¥1.9 billion | Parent only |
| Operating expenses consulting business oe incidental ele | ¥1.4 billion | Parent only |
| General and administrative expenses | ¥62.2 billion | Parent only |
| Non operating revenue norele | ¥11.5 billion | Parent only |
| Non operating expenses noeele | ¥3.0 billion | Parent only |
| Business tax | ¥7.0 billion | Parent only |
| Sold power to other suppliers or electric ele | ¥799.8 billion | Parent only |
| Purchased power from other suppliers | ¥173.4 billion | Parent only |
| Dividends from surplus | ¥-18.1 billion | Parent only |
| Interest income | ¥6.5 billion | Parent only |
| Dividend income | ¥74.0 billion | Parent only |
| Operating income | ¥30.8 billion | Parent only |
| Operating revenue | ¥827.9 billion | Parent only |
| Non-operating income | ¥91.9 billion | Parent only |
| Non-operating expenses | ¥16.8 billion | Parent only |
| Operating expenses | ¥797.1 billion | Parent only |
| Loss on sale of non-current assets | ¥5.00 million | Parent only |
| Gain on sales of non-current assets | ¥0.7 billion | Parent only |
| Loss on retirement of non-current assets | ¥18.8 billion | Parent only |
| Net income (loss) | ¥54.7 billion | Parent only |
| Net income (loss) | ¥54.7 billion | Parent only |
| Ordinary revenue ele | ¥919.8 billion | Parent only |
| Ordinary expenses ele | ¥813.9 billion | Parent only |
| Expenses for third party's power transmission service | ¥30.2 billion | Parent only |
| Interest expenses | ¥13.5 billion | Parent only |
| Renewable power production and related expenses | ¥4.2 billion | Parent only |
| Hydroelectric power production expenses ele | ¥71.6 billion | Parent only |
| Thermal power production expenses oe electric ele | ¥433.3 billion | Parent only |
| Income taxes - current | ¥6.6 billion | Parent only |
| Income taxes | ¥0.6 billion | Parent only |
| Income taxes - deferred | ¥-6.0 billion | Parent only |
| Impairment loss | ¥5.1 billion | Parent only |
| Extraordinary loss | ¥50.6 billion | Parent only |
| Operating revenue coal sale business or incidental ele | ¥5.2 billion | Parent only |
| Operating expenses coal sale business oe incidental ele | ¥5.0 billion | Parent only |
| Bond issuance cost | ¥0.3 billion | Parent only |
| Income (loss) before income taxes | ¥55.3 billion | Parent only |
| Ordinary income | ¥105.9 billion | Parent only |
| Disposal of treasury stock | ¥35.00 million | Parent only |
| Purchase of treasury stock | ¥-20.5 billion | Parent only |
| Financial revenue norele | ¥80.4 billion | Parent only |
| Financial expenses noeele | ¥13.8 billion | Parent only |
| Selling expenses | ¥2.5 billion | Parent only |
| Communication expenses | ¥5.5 billion | Parent only |
| Loss on valuation of shares of subsidiaries and associates | ¥26.6 billion | Parent only |
| Incidental business operating revenue ele | ¥8.3 billion | Parent only |
| Incidental business operating expenses ele | ¥7.3 billion | Parent only |
| Mis cellaneous income | ¥10.8 billion | Parent only |
| Other | ¥3.0 billion | Parent only |
| Commercial and industrial or electric ele | ¥5.9 billion | Parent only |
| Electric utility operating revenue ele | ¥819.6 billion | Parent only |
| Electric utility operating expenses | ¥789.8 billion | Parent only |
| Other electricity revenue or electric ele | ¥14.0 billion | Parent only |
Statement of changes in equity (4 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Total changes during the period | ¥71.0 billion | Consolidated |
| Net changes in items other than shareholders' equity | ¥51.0 billion | Consolidated |
| Total changes during the period | ¥38.4 billion | Parent only |
| Net changes in items other than shareholders' equity | ¥22.3 billion | Parent only |
Statement of cash flows (30 items)
| Item | Value | Consolidated / Non-consolidated |
|---|---|---|
| Other | ¥-28.9 billion | Consolidated |
| Other | ¥-7.3 billion | Consolidated |
| Other | ¥-2.6 billion | Consolidated |
| Increase decrease in notes and accounts payable trade | ¥-6.3 billion | Consolidated |
| Interest expenses paid | ¥-31.8 billion | Consolidated |
| Interest and dividends income received | ¥108.5 billion | Consolidated |
| Interest and dividend income | ¥-12.5 billion | Consolidated |
| Purchase of non-current assets | ¥-177.4 billion | Consolidated |
| Loss on retirement of non-current assets | ¥24.1 billion | Consolidated |
| Decrease increase in notes and accounts receivable trade | ¥4.3 billion | Consolidated |
| Net decrease increase in time deposits | ¥-4.5 billion | Consolidated |
| Subtotal | ¥199.1 billion | Consolidated |
| Payments of investment and loans receivable | ¥-12.5 billion | Consolidated |
| Collection of investment and loans receivable | ¥8.5 billion | Consolidated |
| Equity in earnings losses of affiliates | ¥-63.9 billion | Consolidated |
| Interest expenses | ¥31.9 billion | Consolidated |
| Decrease (increase) in inventories | ¥-4.8 billion | Consolidated |
| Income taxes paid | ¥-51.5 billion | Consolidated |
| Depreciation | ¥116.1 billion | Consolidated |
| Impairment loss | ¥33.0 billion | Consolidated |
| Increase in short term loans payable | ¥32.4 billion | Consolidated |
| Decrease in short term loans payable | ¥-32.3 billion | Consolidated |
| Redemption of bonds | ¥-93.9 billion | Consolidated |
| Proceeds from issuance of bonds | ¥80.7 billion | Consolidated |
| Regarding purchase of treasury stock | ¥-20.5 billion | Consolidated |
| Increase (decrease) in net defined benefit liability | ¥-0.7 billion | Consolidated |
| Dividends | ¥-18.1 billion | Consolidated |
| Proceeds from long term loans payable | ¥129.8 billion | Consolidated |
| Repayment of long term loans payable | ¥-124.3 billion | Consolidated |
| Dividends paid to non-controlling interests | ¥-15.5 billion | Consolidated |
Basic indicators
| Item | Value | Consolidated / Non-consolidated | Source |
|---|---|---|---|
| Net cash provided by (used in) operating activities | ¥224.3 billion | Consolidated | Disclosed |
| Dividend per share | 100 | Parent only | Disclosed |
| Number of employees | 7,202 | Consolidated | Disclosed |
| Net assets | ¥1,534.5 billion | Consolidated | Disclosed |
| Operating income | ¥101.0 billion | Consolidated | Disclosed |
| Operating revenue | ¥1,182.3 billion | Consolidated | Disclosed |
| Ordinary income | ¥158.5 billion | Consolidated | Disclosed |
| Net income | ¥58.5 billion | Consolidated | Disclosed |
| Total assets | ¥3,739.7 billion | Consolidated | Disclosed |
| Operating margin | 8.5% | Consolidated | Calculated |
| Net margin | 5.0% | Consolidated | Calculated |
| Sales per employee | 164157179 yen | Consolidated | Calculated |
| Total asset turnover | 0.32 times | Consolidated | Calculated |
| Net assets to total assets | 41.0% | Consolidated | Calculated |