Tokyo Electric Power Company Holdings, Incorporated (9501) Stock Price

Market cap
¥1.07T
P/E ratio
-1.7x
Tokyo Electric Power Holdings generates and supplies electricity across Japan through five business divisions covering thermal and renewable power, transmission grids, and customer energy solutions.

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Business Overview

Tokyo Electric Power Holdings operates a diverse range of businesses centered on electricity generation and supply. The company is organized into five main business segments: Holdings, Fuel & Power, Power Grid, Energy Partner, and Renewable Power.

The Holdings segment provides management support and shared services to core operating companies, and operates nuclear power generation. Key affiliated companies include Tokyo Electric Power Real Estate and Tokyo Power Technology.

The Fuel & Power segment handles electricity sales from thermal power generation, fuel procurement, and development of thermal power sources. Key affiliated companies include Tokyo Electric Power Fuel & Power and JERA.

The Power Grid segment manages electricity supply through transmission, transformation, and distribution, as well as construction and maintenance of transmission and distribution facilities. Key affiliated companies include Tokyo Electric Power Grid and Tokyo Electric Installation Service.

The Energy Partner segment proposes customized total solutions and provides comprehensive services to customers. Key affiliated companies include Tokyo Electric Power Energy Partner and TEPCO Home Tech.

The Renewable Power segment sells electricity generated from renewable energy sources, manages facility maintenance, and pursues new development and investment projects domestically and internationally. Key affiliated companies include Tokyo Electric Power Renewable Power and Floatation Energy.

Management Policy

Tokyo Electric Power Company Holdings is implementing its Fourth Comprehensive Special Business Plan to respond to a changing business environment. Under this plan, the company prioritizes restoring trust with local communities and society, with particular focus on addressing improper practices in its nuclear operations. Regarding the ocean discharge of ALPS-treated water, the company is working to ensure safety and mitigate reputational damage.

The company is transitioning to a new business model centered on carbon neutrality and disaster prevention, aiming to expand profitability and enhance corporate value. Specifically, it is advancing necessary investments in nuclear and transmission and distribution operations to achieve both stable power supply and carbon neutrality.

In decommissioning operations at Fukushima Daiichi Nuclear Power Station, the company is strengthening on-site safety and quality management while proceeding with work in a planned manner. To balance regional reconstruction with decommissioning, it is promoting participation by local companies and contributing to job creation and industrial infrastructure development in the region.

Additionally, Tokyo Electric Power Company Holdings is actively promoting renewable energy. It is advancing the development of hydroelectric and offshore wind power projects both domestically and internationally, aiming to establish renewable energy as a stable long-term power source. Through these efforts, the company seeks to realize sustainable energy supply and promote renewable energy as a primary power source.

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