- JP-listed companies
- The Okinawa Electric Power Company, Incorporated
The Okinawa Electric Power Company, Incorporated (9511) Stock Price
Price and Volume
Market Cap
PER
PBR
Business Overview
The Okinawa Electric Power Group consists of Okinawa Electric Power as its core company, along with 18 subsidiaries and 3 affiliated companies. The group's primary business is electricity supply, complemented by construction services and other operations. These businesses are designed to support and enhance the electricity business, while maximizing the use of management resources.
In the electricity business, the group's main focus is supplying power to the Okinawa region. This includes generation, transmission, distribution, and electricity sales. Okinawa Electric Power plays a vital role in meeting the region's energy needs.
The construction business handles the development and maintenance of power infrastructure. Specifically, the group provides design, construction, and maintenance management of electrical facilities. This ensures stable power supply and contributes to the development of local communities.
Other businesses include diverse services that complement the electricity business. Examples include renewable energy development and energy-saving solutions. Through these initiatives, the group aims to realize a sustainable society.
As of April 1, 2025, Okiden Kogyo Co., Ltd. and Oki Setsubi Co., Ltd. merged, with Okiden Kogyo as the surviving company. This merger improves operational efficiency and strengthens competitive advantage.
Management Policy
Okinawa Electric Power aims to be a corporate group that develops together with regional society, with comprehensive energy business as its core. Toward realizing a sustainable society, the company has established stable energy supply, promotion of carbon neutrality, and contribution to regional communities as fundamental management policies. In particular, the company prioritizes stable energy supply and the challenge of achieving carbon neutrality, and seeks to enhance corporate value by meeting regional needs.
In 2022, the company formulated the "Okiden Group Medium-Term Management Plan 2025," targeting achievement of financial goals for fiscal year 2025 and realization of carbon neutrality by 2050. The plan pursues strengthening of management foundations and creation of new value through three strategic directions: "expansion of top-line revenue," "aggressive efficiency improvements," and "challenge toward carbon neutrality." Through these efforts, the company aims to provide customers with energy-plus value.
Okinawa Electric Power has set targets for fiscal year 2025 of ordinary income of 12 billion yen or more, ROE of 5% or more, and equity ratio of 25% or more. To achieve these targets, the company is advancing initiatives including "ultra-aggressive efficiency improvements," pursuing sustainable growth and enhanced corporate value. In particular, while recovering its financial foundation, the company is focusing on efficiency improvements and strengthening competitiveness.
The company positions stable energy supply as its fundamental mission and is strengthening maintenance of supply facilities and disaster preparedness. As efforts toward carbon neutrality, the company is advancing renewable energy adoption and overseas business expansion. In particular, the company plans to launch PV-TPO operations in the Republic of Palau, pursuing decarbonization and expansion of business domains.
Okinawa Electric Power actively engages with Okinawa Prefecture's growth potential and seeks to enhance corporate value by contributing to regional development. The company leverages regional tourism resources, including theme park openings and the restoration of Shuri Castle, contributing to regional economic revitalization. Through these efforts, the company is establishing its position as a company that grows together with regional society.