Japanese Utilities Potentially Undervalued Companies

Kyushu Electric Power Company

Market Cap: JP¥919.6b

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

RENOVA

Market Cap: JP¥65.2b

Engages in the development and operation of renewable energy power plant in Japan.

EF-ON

Market Cap: JP¥7.2b

Operates as an energy service company in Japan.

Shizuoka Gas

Market Cap: JP¥109.9b

Produces, supplies, and sells city gas in Japan.

Hokkaido Gas

Market Cap: JP¥76.8b

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

YTL Corporation Berhad

Market Cap: JP¥23.6b

Operates as an integrated infrastructure developer.

Hokuriku GasLtd

Market Cap: JP¥19.8b

Operates gas business in Japan.

Saibu Gas HoldingsLtd

Market Cap: JP¥90.6b

Produces, supplies, and sells natural gas in Japan.

Tokyo GasLtd

Market Cap: JP¥2.6t

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

Tohoku Electric Power Company

Market Cap: JP¥650.9b

Operates as an energy service in Japan and internationally.

Hokuriku Electric Power

Market Cap: JP¥224.9b

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

ToellLtd

Market Cap: JP¥16.7b

Engages in the energy and water businesses in Japan.

Tokyo Electric Power Company Holdings

Market Cap: JP¥1.1t

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

Electric Power Development

Market Cap: JP¥631.4b

Operates as electric utility company in Japan.