Tokyo Denryoku Holdings KK

9501

Equity

ISIN JP3585800000 / Valor 763640

Tokyo Stock Exchange (2024-12-27)

JPY 477.70+2.86%

Tokyo Denryoku Holdings KK
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About company

Tokyo Denryoku Holdings KK, commonly known as TEPCO, is a leading energy company based in Japan, primarily engaged in the generation, transmission, and distribution of electricity. With a focus on diversifying its energy sources, TEPCO actively seeks to enhance its energy mix by incorporating oil, nuclear, liquefied natural gas (LNG), and coal to ensure the stable and economic delivery of electricity. The company is also deeply involved in research and development (R&D) efforts aimed at improving safety measures, increasing operational efficiency, and developing new technologies to meet the evolving demands of the energy market. As part of its strategic initiatives, TEPCO is committed to expanding its business footprint globally, seeking procurement opportunities with both domestic and international manufacturers to secure economical and high-quality materials and services. This global expansion strategy is aligned with the company's goal to build strong trade relationships and explore new business opportunities abroad, especially in the context of the liberalization of electricity markets. Through leveraging its advanced technological capabilities and managerial expertise, TEPCO aims to play a pivotal role in the global energy sector while ensuring the provision of reliable and environmentally friendly electricity services.

Summarized from source with an LLMView SourceSector: Energy

Operating Revenue

In the FY2024 2nd quarter, Tokyo Denryoku Holdings KK reported a decrease in operating revenue to 3,354.9 billion yen, down from 3,513.7 billion yen in the same period of the previous year. This decline was primarily attributed to a decrease in fuel cost adjustments due to falling fuel prices.

Net Income

Tokyo Denryoku Holdings KK's net income attributable to owners of the parent for the FY2024 2nd quarter was 189.5 billion yen, a significant decrease from 350.8 billion yen in the previous year. The reduction was mainly due to the negative impact of time-lag from the fuel cost adjustment system.

Electricity Sales Volume

During the FY2024 2nd quarter, Tokyo Denryoku Holdings KK experienced a slight increase in total electricity sales volume, reaching 116.3 billion kWh compared to 115.3 billion kWh in the previous year. However, retail electricity sales volume decreased by 4.2 billion kWh, while wholesale electricity sales volume increased by 5.3 billion kWh.

Ordinary Income

For the FY2024 2nd quarter, Tokyo Denryoku Holdings KK's ordinary income decreased to 250.6 billion yen from 479.6 billion yen in the previous year. This decline was largely due to the negative turn of time-lag effects in the fuel cost adjustment system, impacting the overall profitability.

Financial Position

As of September 30, 2024, Tokyo Denryoku Holdings KK's total assets decreased by 37.5 billion yen, while total liabilities decreased by 268.9 billion yen. The company's net assets increased by 231.3 billion yen, leading to an improved equity ratio of 25.7%, up by 1.6 points from the previous period.

Summarized from source with an LLMView Source

Key figures

-35.0%1Y

63.6%3Y

1.21%5Y

Performance

27.3%1Y

43.9%3Y

44.5%5Y

Volatility