Chubu Electric Power Company,Incorporated (9502) Stock Price

Market cap
¥2.05T
P/E ratio
11x
Chubu Electric Power supplies electricity and gas to customers while operating energy businesses worldwide through three main divisions and over 160 group companies.

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Business Overview

Chubu Electric Power operates a diverse range of businesses centered on energy. The Chubu Electric Power Group comprises 75 subsidiaries and 87 affiliated companies, with electricity and gas supply as its primary business. The company also engages in overseas energy operations, energy-related construction, manufacturing, and real estate businesses.

In 2019, Chubu Electric Power transferred its fuel receiving, storage, and gas transmission operations, as well as existing thermal power generation operations, to JERA. In 2020, it transferred its retail electricity business to Chubu Electric Power Mirai'z and its general transmission and distribution business to Chubu Electric Power Grid. This structure creates three reporting segments: "Mirai'z," "Power Grid," and "JERA."

The "Mirai'z" segment sells electricity and gas while providing various services. The "Power Grid" segment provides power network services and supports stable electricity supply. The "JERA" segment handles a complete value chain from fuel procurement through power generation to the sale of electricity and gas.

Management Policy

Chubu Electric Power is adapting to a changing business environment and pursuing sustainable growth. In April 2025, the company revised its corporate philosophy to "Connecting people and society through the energy of happiness," and is working across the entire group to achieve Management Vision 2.0. Under this new philosophy, the company is advancing business transformation to ensure stable power supply and realize a decarbonized society.

Chubu Electric Power aims to secure stable energy supply while realizing a decarbonized society through distributed and circular systems. The company is also focusing on acquiring new revenue sources and creating demand through electrification. Additionally, it is transforming its business model to create new services based on stakeholder needs and deliver them alongside energy solutions.

Chubu Electric Power prioritizes ESG (environmental, social, and governance) considerations and is addressing decarbonization and social challenges. In particular, the company is promoting the expansion of renewable energy and the utilization of nuclear power generation, while advancing decarbonization of thermal power generation. Through these efforts, the company aims to achieve sustainable growth and enhance corporate value, contributing to the achievement of the SDGs (Sustainable Development Goals).

Chubu Electric Power is actively addressing regional challenges. Through real estate and regional infrastructure businesses, the company aims to improve safety, security, and convenience in local communities. Additionally, to realize management that is mindful of capital costs and stock price, the company is advancing portfolio restructuring and asset replacement to improve ROE (return on equity).

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