Japanese Utilities Potentially Undervalued Companies

Shikoku Electric Power Company

Market Cap: JP¥306.9b

Shikoku Electric Power Company engages in generating, transmitting, distributing, and selling electricity in Japan and internationally.

EF-ON

Market Cap: JP¥7.2b

Operates as an energy service company in Japan.

Tokyo GasLtd

Market Cap: JP¥2.0t

Engages in the production, supply, and sale of city gas and LNG in Japan.

Hokkaido Gas

Market Cap: JP¥69.0b

Engages in gas, and heat and power supply businesses in Japan.

Hokuriku GasLtd

Market Cap: JP¥20.4b

Operates gas business in Japan.

eREXLtd

Market Cap: JP¥64.3b

Engages in the electric power business in Japan and internationally.

Tokyo Electric Power Company Holdings

Market Cap: JP¥815.3b

Engages in the generation, transmission, distribution, and retail of electric power in Japan and internationally.

Hokuriku Electric Power

Market Cap: JP¥190.2b

Supplies electricity through power generation, transmission, and distribution systems in Japan.

ToellLtd

Market Cap: JP¥16.4b

Engages in the energy and water businesses in Japan.

K&O Energy Group

Market Cap: JP¥99.8b

Engages in the development, production, supply, and sale of natural gas and iodine in Japan.

YTL Corporation Berhad

Market Cap: JP¥23.0b

Operates as an integrated infrastructure developer.

Chugoku Electric Power

Market Cap: JP¥335.1b

Engages in generation, transmission, and distribution of electric power in Japan.

Kansai Electric Power Company

Market Cap: JP¥2.6t

Engages in electricity, heat supply, telecommunication, and gas supply in Japan.

Kyushu Electric Power Company

Market Cap: JP¥828.5b

Engages in the power generation, transmission, distribution, and retail in Japan and internationally.

Hokkaido Electric Power Company

Market Cap: JP¥208.6b

Generates, transmits, and distributes electricity in Japan.