Tohoku Electric Power Company (TKT) 주식 개요도호쿠전력은 일본 및 국제적으로 에너지 서비스 대기업으로 운영되고 있습니다. 자세히 보기TKT 펀더멘털 분석스노우플레이크 점수가치 평가3/6미래 성장1/6과거 실적2/6재무 건전성3/6배당3/6강점주가수익률(7.1x)이 German 시장(17.2x)보다 낮습니다.수익은 매년 4.78% 증가할 것으로 예상됩니다.동종업계 및 업계 대비 좋은 가치로 거래위험 분석부채는 operating cash flow로 충분히 감당되지 않습니다.이익 마진 (3.2%)이 지난해 (6.2%)보다 낮습니다.3.39% 의 배당금은 잉여현금흐름으로 잘 충당되지 않습니다.모든 위험 점검 보기TKT Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW476,058 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA476,058 investors already sharing narrativesYour Fair Value€Current Price€6.3050.4% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-149b3t2016201920222025202620282031Revenue JP¥2.3tEarnings JP¥72.9bAdvancedSet Fair ValueView all narrativesTohoku Electric Power Company, Incorporated 경쟁사LechwerkeSymbol: DB:LECMarket cap: €2.3bMVV EnergieSymbol: XTRA:MVV1Market cap: €2.0bMainovaSymbol: DB:MNV6Market cap: €2.7bGelsenwasserSymbol: DB:WWGMarket cap: €1.9b가격 이력 및 성과Tohoku Electric Power Company 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가JP¥6.3052주 최고가JP¥7.1552주 최저가JP¥5.30베타0.171개월 변동10.53%3개월 변동7.69%1년 변동3.28%3년 변동5.00%5년 변동-0.79%IPO 이후 변동-42.52%최근 뉴스 및 업데이트Reported Earnings • 15hFirst quarter 2027 earnings released: EPS: JP¥72.21 (vs JP¥75.42 in 1Q 2026)First quarter 2027 results: EPS: JP¥72.21 (down from JP¥75.42 in 1Q 2026). Revenue: JP¥785.3b (up 47% from 1Q 2026). Net income: JP¥36.1b (down 4.2% from 1Q 2026). Profit margin: 4.6% (down from 7.0% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.공고 • Jul 29Tohoku Electric Power Co. Inc. Provides Second Quarter-End and Year-End Dividend Guidance of Fiscal Year Ending March 31, 2027Tohoku Electric Power Co. Inc. provided second quarter-end and year-end dividend guidance of fiscal year ending March 31, 2027. For the second quarter-end, the company expected to pay dividend of JPY 20.00 per share against JPY 20.00 per share a year ago. For the full year, the company expected to pay dividend of JPY 20.00 per share against JPY 20.00 per share a year ago.Declared Dividend • Jul 26Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 29th September 2026 Payment date: 30th November 2026 Dividend yield will be 332%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 9.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Jun 26Tohoku Electric Power Company, Incorporated to Report Q1, 2027 Results on Jul 29, 2026Tohoku Electric Power Company, Incorporated announced that they will report Q1, 2027 results on Jul 29, 2026공고 • Apr 30Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 25, 2026Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 25, 2026.공고 • Apr 22Tohoku Electric Power Company, Incorporated to Report Fiscal Year 2026 Results on Apr 30, 2026Tohoku Electric Power Company, Incorporated announced that they will report fiscal year 2026 results on Apr 30, 2026더 많은 업데이트 보기Recent updatesReported Earnings • 15hFirst quarter 2027 earnings released: EPS: JP¥72.21 (vs JP¥75.42 in 1Q 2026)First quarter 2027 results: EPS: JP¥72.21 (down from JP¥75.42 in 1Q 2026). Revenue: JP¥785.3b (up 47% from 1Q 2026). Net income: JP¥36.1b (down 4.2% from 1Q 2026). Profit margin: 4.6% (down from 7.0% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.공고 • Jul 29Tohoku Electric Power Co. Inc. Provides Second Quarter-End and Year-End Dividend Guidance of Fiscal Year Ending March 31, 2027Tohoku Electric Power Co. Inc. provided second quarter-end and year-end dividend guidance of fiscal year ending March 31, 2027. For the second quarter-end, the company expected to pay dividend of JPY 20.00 per share against JPY 20.00 per share a year ago. For the full year, the company expected to pay dividend of JPY 20.00 per share against JPY 20.00 per share a year ago.Declared Dividend • Jul 26Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 29th September 2026 Payment date: 30th November 2026 Dividend yield will be 332%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 9.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Jun 26Tohoku Electric Power Company, Incorporated to Report Q1, 2027 Results on Jul 29, 2026Tohoku Electric Power Company, Incorporated announced that they will report Q1, 2027 results on Jul 29, 2026공고 • Apr 30Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 25, 2026Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 25, 2026.공고 • Apr 22Tohoku Electric Power Company, Incorporated to Report Fiscal Year 2026 Results on Apr 30, 2026Tohoku Electric Power Company, Incorporated announced that they will report fiscal year 2026 results on Apr 30, 2026공고 • Dec 26Tohoku Electric Power Company, Incorporated to Report Q3, 2026 Results on Jan 30, 2026Tohoku Electric Power Company, Incorporated announced that they will report Q3, 2026 results on Jan 30, 2026공고 • Oct 17Tohoku Electric Power Company, Incorporated Announces Revision of Completion Schedules for Construction of the Specialized Safety Facility and the Onsite Permanent Dc Power Supply SystemTohoku Electric Power Company, Incorporated has been making every possible effort, including shortening the construction schedule, to complete the construction of the Specialized Safety Facility and the Onsite Permanent DC Power Supply System (Third system) at Onagawa Nuclear Power Station Unit 2 within the installation deadline stipulated by the relevant laws and regulations (both set for December 22, 2026). However, the Company has decided to revise the completion schedules to August 2028 and March 2028, respectively. In line with this revision, the Company has submitted a Notice of Change to Construction Plan Pertaining to the Reactor Installation Permission and other relevant documents to the Nuclear Regulation Authority. As both the SSF and the Onsite permanent DC Power Supply System (third system) require large-scale construction, the Company has been steadily proceeding with each step with safety as top priority while continuously considering and implementing measures such as design optimization and around-the-clock work shifts to achieve early completion. Under these circumstances, a review of the design and construction plan approval application has progressed and the details of the construction specifications have been finalized, so the Company has recently reviewed the schedule. As a result, the Company has determined that a revision of the completion schedules is necessary, taking into consideration external factors that are difficult to address through internal efforts alone, such as changes in the labor environment in today's construction industry. The Company remains fully committed to prioritizing safety while pursuing efficient, steady progress with construction to achieve early completion. There will be no impact on the business performance for the fiscal year ending March 31, 2026. The business performance forecast for the next fiscal year and beyond as soon as it is finalized. A Specialized Safety Facility refers to a facility designed to remotely perform functions such as depressurizing the reactor pressure vessel and cooling the reactor containment vessel. It is intended to prevent damage to the reactor containment vessel and suppress the release of radioactive materials in the event of a terrorist attack, such as a deliberate crash of a large aircraft into the reactor building, or other situations that could cause significant damage to the reactor core. A facility that supplies DC electricity to equipment necessary for responding to severe accidents in the event of a total loss of AC power. In addition to the two DC power supply systems already installed, this new facility will be installed in the reactor building to further enhance reliability. The new regulatory standards require installation within five years from the approval date of the construction plan for the installation of the main facility (December 23, 2021).공고 • Sep 26Tohoku Electric Power Company, Incorporated to Report Q2, 2026 Results on Oct 30, 2025Tohoku Electric Power Company, Incorporated announced that they will report Q2, 2026 results on Oct 30, 2025공고 • Jun 26Tohoku Electric Power Company, Incorporated to Report Q1, 2026 Results on Jul 31, 2025Tohoku Electric Power Company, Incorporated announced that they will report Q1, 2026 results on Jul 31, 2025공고 • Apr 30Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 26, 2025Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 26, 2025.공고 • Mar 27Tohoku Electric Power Company, Incorporated to Report Fiscal Year 2025 Results on Apr 30, 2025Tohoku Electric Power Company, Incorporated announced that they will report fiscal year 2025 results on Apr 30, 2025공고 • Jan 03Tohoku Electric Power Company, Incorporated to Report Q3, 2025 Results on Jan 31, 2025Tohoku Electric Power Company, Incorporated announced that they will report Q3, 2025 results on Jan 31, 2025Declared Dividend • Dec 30First half dividend of JP¥15.00 announcedShareholders will receive a dividend of JP¥15.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 214%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 15% over the next 3 years. However, it would need to fall by 92% to increase the payout ratio to a potentially unsustainable range.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €7.50, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Electric Utilities industry in Europe. Total returns to shareholders of 41% over the past three years.Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥90.90 (vs JP¥152 in 2Q 2024)Second quarter 2025 results: EPS: JP¥90.90 (down from JP¥152 in 2Q 2024). Revenue: JP¥697.0b (down 7.6% from 2Q 2024). Net income: JP¥45.5b (down 40% from 2Q 2024). Profit margin: 6.5% (down from 10% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.공고 • Sep 28Tohoku Electric Power Company, Incorporated to Report Q2, 2025 Results on Oct 31, 2024Tohoku Electric Power Company, Incorporated announced that they will report Q2, 2025 results on Oct 31, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 3.6% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.3%).Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥121 (vs JP¥158 in 1Q 2024)First quarter 2025 results: EPS: JP¥121 (down from JP¥158 in 1Q 2024). Revenue: JP¥614.6b (down 3.0% from 1Q 2024). Net income: JP¥60.6b (down 24% from 1Q 2024). Profit margin: 9.9% (down from 13% in 1Q 2024). Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Declared Dividend • Jul 11Final dividend of JP¥15.00 announcedShareholders will receive a dividend of JP¥15.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 186%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (0.8358% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 26% over the next 3 years. However, it would need to fall by 99% to increase the payout ratio to a potentially unsustainable range.공고 • Jul 07Tohoku Electric Power Company, Incorporated to Report Q1, 2025 Results on Jul 31, 2024Tohoku Electric Power Company, Incorporated announced that they will report Q1, 2025 results on Jul 31, 2024Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €8.85, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Electric Utilities industry in Europe. Total returns to shareholders of 36% over the past three years.Reported Earnings • May 01Full year 2024 earnings released: EPS: JP¥452 (vs JP¥255 loss in FY 2023)Full year 2024 results: EPS: JP¥452 (up from JP¥255 loss in FY 2023). Revenue: JP¥2.82t (down 6.3% from FY 2023). Net income: JP¥226.1b (up JP¥353.7b from FY 2023). Profit margin: 8.0% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue is forecast to decline by 3.5% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공고 • Mar 27Tohoku Electric Power Company, Incorporated to Report Fiscal Year 2024 Results on Apr 30, 2024Tohoku Electric Power Company, Incorporated announced that they will report fiscal year 2024 results on Apr 30, 2024Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥81.80 (vs JP¥188 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥81.80 (up from JP¥188 loss in 3Q 2023). Revenue: JP¥668.5b (down 16% from 3Q 2023). Net income: JP¥40.9b (up JP¥134.9b from 3Q 2023). Profit margin: 6.1% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Revenue is expected to fall by 4.4% p.a. on average during the next 3 years compared to a 3.0% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.공고 • Feb 01Tohoku Electric Power Company, Incorporated Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Tohoku Electric Power Company, Incorporated provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects operating revenue to be JPY 2,830,000 million. Operating income to be JPY 310,000 million. Net income attributable to owners of parent to be JPY 200,000 million. Basic net income per share to be JPY 399.92.공고 • Dec 29Tohoku Electric Power Company, Incorporated to Report Q3, 2024 Results on Jan 31, 2024Tohoku Electric Power Company, Incorporated announced that they will report Q3, 2024 results on Jan 31, 2024공고 • Sep 07Tohoku Electric Power Company, Incorporated to Report Q2, 2024 Results on Oct 31, 2023Tohoku Electric Power Company, Incorporated announced that they will report Q2, 2024 results on Oct 31, 2023New Risk • Aug 02New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥158 (vs JP¥62.50 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥158 (up from JP¥62.50 loss in 1Q 2023). Revenue: JP¥633.6b (up 14% from 1Q 2023). Net income: JP¥79.2b (up JP¥110.4b from 1Q 2023). Profit margin: 13% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue. Revenue is expected to fall by 1.0% p.a. on average during the next 3 years compared to a 3.8% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.공고 • Jul 08Tohoku Electric Power Company, Incorporated to Report Q1, 2024 Results on Jul 31, 2023Tohoku Electric Power Company, Incorporated announced that they will report Q1, 2024 results on Jul 31, 2023Reported Earnings • Apr 30Full year 2023 earnings released: JP¥255 loss per share (vs JP¥217 loss in FY 2022)Full year 2023 results: JP¥255 loss per share (further deteriorated from JP¥217 loss in FY 2022). Revenue: JP¥3.01t (up 43% from FY 2022). Net loss: JP¥127.6b (loss widened 18% from FY 2022). Revenue is expected to fall by 4.6% p.a. on average during the next 3 years compared to a 4.6% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 02Third quarter 2023 earnings released: JP¥188 loss per share (vs JP¥63.60 loss in 3Q 2022)Third quarter 2023 results: JP¥188 loss per share (further deteriorated from JP¥63.60 loss in 3Q 2022). Revenue: JP¥792.7b (up 51% from 3Q 2022). Net loss: JP¥94.0b (loss widened 196% from 3Q 2022). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.공고 • Feb 01Tohoku Electric Power Company, Incorporated Provides Consolidated Earnings Forecasts for the Year Ending March 31, 2023Tohoku Electric Power Company, Incorporated provided consolidated earnings forecasts for the Year ending March 31, 2023. For the year, company expects Operating revenue to be JPY 3,080,000 million, Operating loss to be JPY 220,000 million, Net loss attributable to owners of parent to be JPY 220,000 million and Net loss per share to be JPY 439.99.공고 • Dec 11Tohoku Electric Power Company, Incorporated to Report Q3, 2023 Results on Jan 31, 2023Tohoku Electric Power Company, Incorporated announced that they will report Q3, 2023 results on Jan 31, 2023Reported Earnings • Oct 30Second quarter 2023 earnings released: JP¥210 loss per share (vs JP¥48.73 profit in 2Q 2022)Second quarter 2023 results: JP¥210 loss per share (down from JP¥48.73 profit in 2Q 2022). Revenue: JP¥781.4b (up 65% from 2Q 2022). Net loss: JP¥105.1b (down JP¥129.5b from profit in 2Q 2022). Revenue is forecast to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.공고 • Oct 29Tohoku Electric Power Company, Incorporated Provides Consolidated Earnings Forecasts for the Year Ending March 31, 2023Tohoku Electric Power Company, Incorporated provided consolidated earnings forecasts for the Year ending March 31, 2023. For the year, company expects Operating revenue to be JPY 2,740,000 million, Operating loss to be JPY 180,000 million, Net loss attributable to owners of parent to be JPY 180,000 million and Net loss per share to be JPY 360.01.공고 • Sep 15Tohoku Electric Power Company, Incorporated to Report Q2, 2023 Results on Oct 28, 2022Tohoku Electric Power Company, Incorporated announced that they will report Q2, 2023 results on Oct 28, 2022Reported Earnings • Jul 31First quarter 2023 earnings released: JP¥62.50 loss per share (vs JP¥19.71 profit in 1Q 2022)First quarter 2023 results: JP¥62.50 loss per share (down from JP¥19.71 profit in 1Q 2022). Revenue: JP¥558.3b (up 39% from 1Q 2022). Net loss: JP¥31.2b (down 417% from profit in 1Q 2022). Over the next year, revenue is forecast to grow 8.9% while the industry in Germany is not expected to grow. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.공고 • Jul 30Tohoku Electric Power Company, Incorporated Provides Earnings Guidance for the Year Ending March 31, 2023Tohoku Electric Power Company, Incorporated provides earnings guidance for the year ending March 31, 2023. For the year, company expects Operating revenue to be JPY 2,740,000 million, Operating income to be JPY (180,000) million, Net income attributable to owners of parent to be JPY (180,000) million and Net income per share to be JPY (360.01).공고 • Jul 15Tohoku Electric Power Company, Incorporated to Report Q1, 2023 Results on Jul 29, 2022Tohoku Electric Power Company, Incorporated announced that they will report Q1, 2023 results on Jul 29, 2022공고 • May 02Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 28, 2022Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 28, 2022.Reported Earnings • Apr 30Full year 2022 earnings released: JP¥217 loss per share (vs JP¥58.81 profit in FY 2021)Full year 2022 results: JP¥217 loss per share (down from JP¥58.81 profit in FY 2021). Revenue: JP¥2.10t (down 8.0% from FY 2021). Net loss: JP¥108.4b (down 469% from profit in FY 2021). Over the next year, revenue is forecast to grow 5.0%, compared to a 4.8% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.공고 • Apr 08Tohoku Electric Power Company, Incorporated to Report Fiscal Year 2022 Results on Apr 28, 2022Tohoku Electric Power Company, Incorporated announced that they will report fiscal year 2022 results on Apr 28, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.3%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (4.2%).공고 • Feb 25Tohoku Electric Power Company, Incorporated Provides Dividend Forecast for the Year Ending March 31, 2022Tohoku Electric Power Company, Incorporated announced that it expects to pay the dividend of JPY 15 per share for the year ending March 31, 2022.Reported Earnings • Feb 02Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: JP¥63.60 loss per share (down from JP¥10.98 loss in 3Q 2021). Revenue: JP¥525.8b (up 4.5% from 3Q 2021). Net loss: JP¥31.8b (loss widened 479% from 3Q 2021). Revenue exceeded analyst estimates by 7.8%. Over the next year, revenue is expected to shrink by 8.9% compared to a 9.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.공고 • Feb 01Tohoku Electric Power Company, Incorporated Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2022Tohoku Electric Power Company, Incorporated provided consolidated earnings guidance for the full year ending March 31, 2022. For the period, the company expects operating revenue of JPY 1,980,000 million, operating loss to be JPY 28,000 million, net loss attributable to owners of parent of JPY 45,000 million and net loss per basic share of JPY 90.04.Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥48.73 (vs JP¥56.39 in 2Q 2021)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥472.5b (down 8.9% from 2Q 2021). Net income: JP¥24.4b (down 14% from 2Q 2021). Profit margin: 5.2% (down from 5.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 19% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. Trailing yield: 4.7%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.9%).Reported Earnings • Aug 02First quarter 2022 earnings released: EPS JP¥19.71 (vs JP¥55.91 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥400.6b (down 23% from 1Q 2021). Net income: JP¥9.85b (down 65% from 1Q 2021). Profit margin: 2.5% (down from 5.4% in 1Q 2021).Reported Earnings • Apr 30Full year 2021 earnings released: EPS JP¥58.81 (vs JP¥126 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥2.29t (up 1.8% from FY 2020). Net income: JP¥29.4b (down 53% from FY 2020). Profit margin: 1.3% (down from 2.8% in FY 2020). The decrease in margin was driven by higher expenses.Upcoming Dividend • Mar 24Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 3.6%. Within top quartile of German dividend payers (3.3%). In line with average of industry peers (3.6%).공고 • Mar 09HomeServe Japan Corporation Signs Utility Partnership with Tohoku Electric PowerHomeServe Japan Corporation has signed a utility partnership with Tohoku Electric Power, its second in the country, and begun test marketing to homeowners. Two products are being marketed under the relationship – combined electrical wiring and air-conditioning cover; and comprehensive plumbing cover. As in HomeServe’s other geographies, these products are designed to meet the needs of homeowners who wish to avoid the unplanned cost and inconvenience of an unexpected home repair. Tohoku Electric Power has signed up to an exclusive, long term affinity partnership with HomeServe Japan, and will earn a commission on every sale and renewal among its customer base – the successful Membership model which HomeServe operates in its established territories. HomeServe Japan is responsible for marketing and service to homeowners, with its network of local providers fulfilling the claims. Products are fully underwritten by a local insurance provider.Is New 90 Day High Low • Mar 05New 90-day high: €7.80The company is up 15% from its price of €6.80 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.89 per share.Is New 90 Day High Low • Feb 10New 90-day high: €7.60The company is up 1.0% from its price of €7.55 on 11 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.84 per share.Reported Earnings • Feb 07Third quarter 2021 earnings released: JP¥10.98 loss per share (vs JP¥9.55 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥503.4b (down 3.7% from 3Q 2020). Net loss: JP¥5.49b (down 215% from profit in 3Q 2020).Analyst Estimate Surprise Post Earnings • Feb 07Revenue beats expectationsRevenue exceeded analyst estimates by 3.6%. Over the next year, revenue is expected to shrink by 1.9% compared to a 14% growth forecast for the Electric Utilities industry in Germany.공고 • Jan 29Nippon Concrete Industries Co., Ltd. (TSE:5269) agreed to acquire an additional 57.8% stake in Tohoku Pole Co., Ltd. from Tohoku Electric Power Company, Incorporated (TSE:9506) and HNK Co., Inc.Nippon Concrete Industries Co., Ltd. (TSE:5269) agreed to acquire an additional 57.8% stake in Tohoku Pole Co., Ltd. from Tohoku Electric Power Company, Incorporated (TSE:9506) and HNK Co., Inc. on January 28, 2021. Under the terms, Nippon will acquire 0.28 million shares and increase its stake post completion to 64.3%. For the year ended March 2020, Tohoku Pole had net assets worth ¥6.8 billion, total assets worth ¥9.8 billion, sales of ¥10.4 billion, operating income of ¥258 million and net income of ¥176 million. Nippon Concrete's passed a resolution on acquisition on January 28, 2021. Transfer agreement is expected to be signed on February 5, 2021 and completion is expected on July 30, 2021. This matter will not affect the consolidated financial results of Nippon Concrete for the current fiscal year.Reported Earnings • Jan 28Third quarter 2021 earnings releasedThe company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥503.4b (down 3.7% from 3Q 2020). Net loss: JP¥5.49b (down 215% from profit in 3Q 2020).Analyst Estimate Surprise Post Earnings • Jan 28Revenue beats expectationsRevenue exceeded analyst estimates by 3.6%. Over the next year, revenue is expected to shrink by 1.9% compared to a 14% growth forecast for the Electric Utilities industry in Germany.공고 • Dec 29Tohoku Electric Power Company, Incorporated to Report Q3, 2021 Results on Jan 27, 2021Tohoku Electric Power Company, Incorporated announced that they will report Q3, 2021 results on Jan 27, 2021Is New 90 Day High Low • Dec 11New 90-day low: €6.60The company is down 21% from its price of €8.40 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.99 per share.Is New 90 Day High Low • Nov 26New 90-day low: €7.30The company is down 12% from its price of €8.30 on 27 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.66 per share.Reported Earnings • Nov 11Second quarter 2021 earnings released: EPS JP¥56.39The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥518.8b (down 12% from 2Q 2020). Net income: JP¥28.2b (up 42% from 2Q 2020). Profit margin: 5.4% (up from 3.4% in 2Q 2020). The increase in margin was driven by lower expenses.Reported Earnings • Oct 30First half earnings releasedOver the last 12 months the company has reported total profits of JP¥74.5b, up 22% from the prior year. Total revenue was JP¥2.16t over the last 12 months, down 7.1% from the prior year.공고 • Oct 10Tohoku Electric Power Company, Incorporated to Report Q2, 2021 Results on Oct 28, 2020Tohoku Electric Power Company, Incorporated announced that they will report Q2, 2021 results on Oct 28, 2020Is New 90 Day High Low • Oct 08New 90-day low: €7.80The company is down 5.0% from its price of €8.20 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.46 per share.공고 • Jul 05Tohoku Electric Power Company, Incorporated to Report Q1, 2021 Results on Jul 30, 2020Tohoku Electric Power Company, Incorporated announced that they will report Q1, 2021 results on Jul 30, 2020주주 수익률TKTDE Electric UtilitiesDE 시장7D5.9%-1.9%3.0%1Y3.3%22.9%1.8%전체 주주 수익률 보기수익률 대 산업: TKT은 지난 1년 동안 22.9%의 수익을 기록한 German Electric Utilities 산업보다 저조한 성과를 냈습니다.수익률 대 시장: TKT은 지난 1년 동안 1.8%를 기록한 German 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is TKT's price volatile compared to industry and market?TKT volatilityTKT Average Weekly Movement3.8%Electric Utilities Industry Average Movement3.4%Market Average Movement5.4%10% most volatile stocks in DE Market12.8%10% least volatile stocks in DE Market2.7%안정적인 주가: TKT는 지난 3개월 동안 German 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: TKT의 주간 변동성(4%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트195118,403Kazuhiro Ishiyamawww.tohoku-epco.co.jp도호쿠전력은 일본 및 국제적으로 에너지 서비스 대기업으로 운영되고 있습니다. 이 회사는 발전 및 판매, 송전 및 배전, 건설 부문을 통해 사업을 운영하고 있습니다. 수력, 화력, 원자력, 내연 발전 및 재생 가능한 전기를 생산하고 공급합니다.더 보기Tohoku Electric Power Company, Incorporated 기초 지표 요약Tohoku Electric Power Company의 순이익과 매출은 시가총액과 어떻게 비교됩니까?TKT 기초 통계시가총액€3.21b순이익 (TTM)€453.81m매출 (TTM)€14.27b7.1x주가수익비율(P/E)0.2x주가매출비율(P/S)TKT는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표TKT 손익계산서 (TTM)매출JP¥2.62t매출원가JP¥2.47t총이익JP¥156.10b기타 비용JP¥72.73b순이익JP¥83.38b최근 보고된 실적Jun 30, 2026다음 실적 발표일해당 없음주당순이익(EPS)166.65총이익률5.95%순이익률3.18%부채/자본 비율271.7%TKT의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당3.4%현재 배당 수익률24%배당 성향TKT는 안정적으로 배당을 지급합니까?TKT 배당 기록 및 벤치마크 보기다가오는 배당을 받으려면 언제까지 TKT를 매수해야 하나요?Tohoku Electric Power Company 배당 일정배당락일Sep 29 2026배당 지급일Nov 30 2026배당락일까지 남은 일수59 days배당 지급일까지 남은 일수121 daysTKT는 안정적으로 배당을 지급합니까?TKT 배당 기록 및 벤치마크 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/30 14:57종가2026/07/30 00:00수익2026/06/30연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Tohoku Electric Power Company, Incorporated는 17명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Masanori MaruoBarclaysTakahiro MoriBofA Global ResearchTakashi MiyazakiCitigroup Inc14명의 분석가 더 보기
Reported Earnings • 15hFirst quarter 2027 earnings released: EPS: JP¥72.21 (vs JP¥75.42 in 1Q 2026)First quarter 2027 results: EPS: JP¥72.21 (down from JP¥75.42 in 1Q 2026). Revenue: JP¥785.3b (up 47% from 1Q 2026). Net income: JP¥36.1b (down 4.2% from 1Q 2026). Profit margin: 4.6% (down from 7.0% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
공고 • Jul 29Tohoku Electric Power Co. Inc. Provides Second Quarter-End and Year-End Dividend Guidance of Fiscal Year Ending March 31, 2027Tohoku Electric Power Co. Inc. provided second quarter-end and year-end dividend guidance of fiscal year ending March 31, 2027. For the second quarter-end, the company expected to pay dividend of JPY 20.00 per share against JPY 20.00 per share a year ago. For the full year, the company expected to pay dividend of JPY 20.00 per share against JPY 20.00 per share a year ago.
Declared Dividend • Jul 26Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 29th September 2026 Payment date: 30th November 2026 Dividend yield will be 332%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 9.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Jun 26Tohoku Electric Power Company, Incorporated to Report Q1, 2027 Results on Jul 29, 2026Tohoku Electric Power Company, Incorporated announced that they will report Q1, 2027 results on Jul 29, 2026
공고 • Apr 30Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 25, 2026Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 25, 2026.
공고 • Apr 22Tohoku Electric Power Company, Incorporated to Report Fiscal Year 2026 Results on Apr 30, 2026Tohoku Electric Power Company, Incorporated announced that they will report fiscal year 2026 results on Apr 30, 2026
Reported Earnings • 15hFirst quarter 2027 earnings released: EPS: JP¥72.21 (vs JP¥75.42 in 1Q 2026)First quarter 2027 results: EPS: JP¥72.21 (down from JP¥75.42 in 1Q 2026). Revenue: JP¥785.3b (up 47% from 1Q 2026). Net income: JP¥36.1b (down 4.2% from 1Q 2026). Profit margin: 4.6% (down from 7.0% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
공고 • Jul 29Tohoku Electric Power Co. Inc. Provides Second Quarter-End and Year-End Dividend Guidance of Fiscal Year Ending March 31, 2027Tohoku Electric Power Co. Inc. provided second quarter-end and year-end dividend guidance of fiscal year ending March 31, 2027. For the second quarter-end, the company expected to pay dividend of JPY 20.00 per share against JPY 20.00 per share a year ago. For the full year, the company expected to pay dividend of JPY 20.00 per share against JPY 20.00 per share a year ago.
Declared Dividend • Jul 26Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 29th September 2026 Payment date: 30th November 2026 Dividend yield will be 332%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 9.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Jun 26Tohoku Electric Power Company, Incorporated to Report Q1, 2027 Results on Jul 29, 2026Tohoku Electric Power Company, Incorporated announced that they will report Q1, 2027 results on Jul 29, 2026
공고 • Apr 30Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 25, 2026Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 25, 2026.
공고 • Apr 22Tohoku Electric Power Company, Incorporated to Report Fiscal Year 2026 Results on Apr 30, 2026Tohoku Electric Power Company, Incorporated announced that they will report fiscal year 2026 results on Apr 30, 2026
공고 • Dec 26Tohoku Electric Power Company, Incorporated to Report Q3, 2026 Results on Jan 30, 2026Tohoku Electric Power Company, Incorporated announced that they will report Q3, 2026 results on Jan 30, 2026
공고 • Oct 17Tohoku Electric Power Company, Incorporated Announces Revision of Completion Schedules for Construction of the Specialized Safety Facility and the Onsite Permanent Dc Power Supply SystemTohoku Electric Power Company, Incorporated has been making every possible effort, including shortening the construction schedule, to complete the construction of the Specialized Safety Facility and the Onsite Permanent DC Power Supply System (Third system) at Onagawa Nuclear Power Station Unit 2 within the installation deadline stipulated by the relevant laws and regulations (both set for December 22, 2026). However, the Company has decided to revise the completion schedules to August 2028 and March 2028, respectively. In line with this revision, the Company has submitted a Notice of Change to Construction Plan Pertaining to the Reactor Installation Permission and other relevant documents to the Nuclear Regulation Authority. As both the SSF and the Onsite permanent DC Power Supply System (third system) require large-scale construction, the Company has been steadily proceeding with each step with safety as top priority while continuously considering and implementing measures such as design optimization and around-the-clock work shifts to achieve early completion. Under these circumstances, a review of the design and construction plan approval application has progressed and the details of the construction specifications have been finalized, so the Company has recently reviewed the schedule. As a result, the Company has determined that a revision of the completion schedules is necessary, taking into consideration external factors that are difficult to address through internal efforts alone, such as changes in the labor environment in today's construction industry. The Company remains fully committed to prioritizing safety while pursuing efficient, steady progress with construction to achieve early completion. There will be no impact on the business performance for the fiscal year ending March 31, 2026. The business performance forecast for the next fiscal year and beyond as soon as it is finalized. A Specialized Safety Facility refers to a facility designed to remotely perform functions such as depressurizing the reactor pressure vessel and cooling the reactor containment vessel. It is intended to prevent damage to the reactor containment vessel and suppress the release of radioactive materials in the event of a terrorist attack, such as a deliberate crash of a large aircraft into the reactor building, or other situations that could cause significant damage to the reactor core. A facility that supplies DC electricity to equipment necessary for responding to severe accidents in the event of a total loss of AC power. In addition to the two DC power supply systems already installed, this new facility will be installed in the reactor building to further enhance reliability. The new regulatory standards require installation within five years from the approval date of the construction plan for the installation of the main facility (December 23, 2021).
공고 • Sep 26Tohoku Electric Power Company, Incorporated to Report Q2, 2026 Results on Oct 30, 2025Tohoku Electric Power Company, Incorporated announced that they will report Q2, 2026 results on Oct 30, 2025
공고 • Jun 26Tohoku Electric Power Company, Incorporated to Report Q1, 2026 Results on Jul 31, 2025Tohoku Electric Power Company, Incorporated announced that they will report Q1, 2026 results on Jul 31, 2025
공고 • Apr 30Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 26, 2025Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 26, 2025.
공고 • Mar 27Tohoku Electric Power Company, Incorporated to Report Fiscal Year 2025 Results on Apr 30, 2025Tohoku Electric Power Company, Incorporated announced that they will report fiscal year 2025 results on Apr 30, 2025
공고 • Jan 03Tohoku Electric Power Company, Incorporated to Report Q3, 2025 Results on Jan 31, 2025Tohoku Electric Power Company, Incorporated announced that they will report Q3, 2025 results on Jan 31, 2025
Declared Dividend • Dec 30First half dividend of JP¥15.00 announcedShareholders will receive a dividend of JP¥15.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 214%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 15% over the next 3 years. However, it would need to fall by 92% to increase the payout ratio to a potentially unsustainable range.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €7.50, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Electric Utilities industry in Europe. Total returns to shareholders of 41% over the past three years.
Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥90.90 (vs JP¥152 in 2Q 2024)Second quarter 2025 results: EPS: JP¥90.90 (down from JP¥152 in 2Q 2024). Revenue: JP¥697.0b (down 7.6% from 2Q 2024). Net income: JP¥45.5b (down 40% from 2Q 2024). Profit margin: 6.5% (down from 10% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
공고 • Sep 28Tohoku Electric Power Company, Incorporated to Report Q2, 2025 Results on Oct 31, 2024Tohoku Electric Power Company, Incorporated announced that they will report Q2, 2025 results on Oct 31, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 3.6% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.3%).
Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥121 (vs JP¥158 in 1Q 2024)First quarter 2025 results: EPS: JP¥121 (down from JP¥158 in 1Q 2024). Revenue: JP¥614.6b (down 3.0% from 1Q 2024). Net income: JP¥60.6b (down 24% from 1Q 2024). Profit margin: 9.9% (down from 13% in 1Q 2024). Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Jul 11Final dividend of JP¥15.00 announcedShareholders will receive a dividend of JP¥15.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 186%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (0.8358% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 26% over the next 3 years. However, it would need to fall by 99% to increase the payout ratio to a potentially unsustainable range.
공고 • Jul 07Tohoku Electric Power Company, Incorporated to Report Q1, 2025 Results on Jul 31, 2024Tohoku Electric Power Company, Incorporated announced that they will report Q1, 2025 results on Jul 31, 2024
Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €8.85, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Electric Utilities industry in Europe. Total returns to shareholders of 36% over the past three years.
Reported Earnings • May 01Full year 2024 earnings released: EPS: JP¥452 (vs JP¥255 loss in FY 2023)Full year 2024 results: EPS: JP¥452 (up from JP¥255 loss in FY 2023). Revenue: JP¥2.82t (down 6.3% from FY 2023). Net income: JP¥226.1b (up JP¥353.7b from FY 2023). Profit margin: 8.0% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue is forecast to decline by 3.5% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공고 • Mar 27Tohoku Electric Power Company, Incorporated to Report Fiscal Year 2024 Results on Apr 30, 2024Tohoku Electric Power Company, Incorporated announced that they will report fiscal year 2024 results on Apr 30, 2024
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥81.80 (vs JP¥188 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥81.80 (up from JP¥188 loss in 3Q 2023). Revenue: JP¥668.5b (down 16% from 3Q 2023). Net income: JP¥40.9b (up JP¥134.9b from 3Q 2023). Profit margin: 6.1% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Revenue is expected to fall by 4.4% p.a. on average during the next 3 years compared to a 3.0% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
공고 • Feb 01Tohoku Electric Power Company, Incorporated Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Tohoku Electric Power Company, Incorporated provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects operating revenue to be JPY 2,830,000 million. Operating income to be JPY 310,000 million. Net income attributable to owners of parent to be JPY 200,000 million. Basic net income per share to be JPY 399.92.
공고 • Dec 29Tohoku Electric Power Company, Incorporated to Report Q3, 2024 Results on Jan 31, 2024Tohoku Electric Power Company, Incorporated announced that they will report Q3, 2024 results on Jan 31, 2024
공고 • Sep 07Tohoku Electric Power Company, Incorporated to Report Q2, 2024 Results on Oct 31, 2023Tohoku Electric Power Company, Incorporated announced that they will report Q2, 2024 results on Oct 31, 2023
New Risk • Aug 02New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.
Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥158 (vs JP¥62.50 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥158 (up from JP¥62.50 loss in 1Q 2023). Revenue: JP¥633.6b (up 14% from 1Q 2023). Net income: JP¥79.2b (up JP¥110.4b from 1Q 2023). Profit margin: 13% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue. Revenue is expected to fall by 1.0% p.a. on average during the next 3 years compared to a 3.8% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
공고 • Jul 08Tohoku Electric Power Company, Incorporated to Report Q1, 2024 Results on Jul 31, 2023Tohoku Electric Power Company, Incorporated announced that they will report Q1, 2024 results on Jul 31, 2023
Reported Earnings • Apr 30Full year 2023 earnings released: JP¥255 loss per share (vs JP¥217 loss in FY 2022)Full year 2023 results: JP¥255 loss per share (further deteriorated from JP¥217 loss in FY 2022). Revenue: JP¥3.01t (up 43% from FY 2022). Net loss: JP¥127.6b (loss widened 18% from FY 2022). Revenue is expected to fall by 4.6% p.a. on average during the next 3 years compared to a 4.6% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 02Third quarter 2023 earnings released: JP¥188 loss per share (vs JP¥63.60 loss in 3Q 2022)Third quarter 2023 results: JP¥188 loss per share (further deteriorated from JP¥63.60 loss in 3Q 2022). Revenue: JP¥792.7b (up 51% from 3Q 2022). Net loss: JP¥94.0b (loss widened 196% from 3Q 2022). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.
공고 • Feb 01Tohoku Electric Power Company, Incorporated Provides Consolidated Earnings Forecasts for the Year Ending March 31, 2023Tohoku Electric Power Company, Incorporated provided consolidated earnings forecasts for the Year ending March 31, 2023. For the year, company expects Operating revenue to be JPY 3,080,000 million, Operating loss to be JPY 220,000 million, Net loss attributable to owners of parent to be JPY 220,000 million and Net loss per share to be JPY 439.99.
공고 • Dec 11Tohoku Electric Power Company, Incorporated to Report Q3, 2023 Results on Jan 31, 2023Tohoku Electric Power Company, Incorporated announced that they will report Q3, 2023 results on Jan 31, 2023
Reported Earnings • Oct 30Second quarter 2023 earnings released: JP¥210 loss per share (vs JP¥48.73 profit in 2Q 2022)Second quarter 2023 results: JP¥210 loss per share (down from JP¥48.73 profit in 2Q 2022). Revenue: JP¥781.4b (up 65% from 2Q 2022). Net loss: JP¥105.1b (down JP¥129.5b from profit in 2Q 2022). Revenue is forecast to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.
공고 • Oct 29Tohoku Electric Power Company, Incorporated Provides Consolidated Earnings Forecasts for the Year Ending March 31, 2023Tohoku Electric Power Company, Incorporated provided consolidated earnings forecasts for the Year ending March 31, 2023. For the year, company expects Operating revenue to be JPY 2,740,000 million, Operating loss to be JPY 180,000 million, Net loss attributable to owners of parent to be JPY 180,000 million and Net loss per share to be JPY 360.01.
공고 • Sep 15Tohoku Electric Power Company, Incorporated to Report Q2, 2023 Results on Oct 28, 2022Tohoku Electric Power Company, Incorporated announced that they will report Q2, 2023 results on Oct 28, 2022
Reported Earnings • Jul 31First quarter 2023 earnings released: JP¥62.50 loss per share (vs JP¥19.71 profit in 1Q 2022)First quarter 2023 results: JP¥62.50 loss per share (down from JP¥19.71 profit in 1Q 2022). Revenue: JP¥558.3b (up 39% from 1Q 2022). Net loss: JP¥31.2b (down 417% from profit in 1Q 2022). Over the next year, revenue is forecast to grow 8.9% while the industry in Germany is not expected to grow. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
공고 • Jul 30Tohoku Electric Power Company, Incorporated Provides Earnings Guidance for the Year Ending March 31, 2023Tohoku Electric Power Company, Incorporated provides earnings guidance for the year ending March 31, 2023. For the year, company expects Operating revenue to be JPY 2,740,000 million, Operating income to be JPY (180,000) million, Net income attributable to owners of parent to be JPY (180,000) million and Net income per share to be JPY (360.01).
공고 • Jul 15Tohoku Electric Power Company, Incorporated to Report Q1, 2023 Results on Jul 29, 2022Tohoku Electric Power Company, Incorporated announced that they will report Q1, 2023 results on Jul 29, 2022
공고 • May 02Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 28, 2022Tohoku Electric Power Company, Incorporated, Annual General Meeting, Jun 28, 2022.
Reported Earnings • Apr 30Full year 2022 earnings released: JP¥217 loss per share (vs JP¥58.81 profit in FY 2021)Full year 2022 results: JP¥217 loss per share (down from JP¥58.81 profit in FY 2021). Revenue: JP¥2.10t (down 8.0% from FY 2021). Net loss: JP¥108.4b (down 469% from profit in FY 2021). Over the next year, revenue is forecast to grow 5.0%, compared to a 4.8% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
공고 • Apr 08Tohoku Electric Power Company, Incorporated to Report Fiscal Year 2022 Results on Apr 28, 2022Tohoku Electric Power Company, Incorporated announced that they will report fiscal year 2022 results on Apr 28, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.3%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (4.2%).
공고 • Feb 25Tohoku Electric Power Company, Incorporated Provides Dividend Forecast for the Year Ending March 31, 2022Tohoku Electric Power Company, Incorporated announced that it expects to pay the dividend of JPY 15 per share for the year ending March 31, 2022.
Reported Earnings • Feb 02Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: JP¥63.60 loss per share (down from JP¥10.98 loss in 3Q 2021). Revenue: JP¥525.8b (up 4.5% from 3Q 2021). Net loss: JP¥31.8b (loss widened 479% from 3Q 2021). Revenue exceeded analyst estimates by 7.8%. Over the next year, revenue is expected to shrink by 8.9% compared to a 9.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
공고 • Feb 01Tohoku Electric Power Company, Incorporated Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2022Tohoku Electric Power Company, Incorporated provided consolidated earnings guidance for the full year ending March 31, 2022. For the period, the company expects operating revenue of JPY 1,980,000 million, operating loss to be JPY 28,000 million, net loss attributable to owners of parent of JPY 45,000 million and net loss per basic share of JPY 90.04.
Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥48.73 (vs JP¥56.39 in 2Q 2021)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥472.5b (down 8.9% from 2Q 2021). Net income: JP¥24.4b (down 14% from 2Q 2021). Profit margin: 5.2% (down from 5.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 19% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. Trailing yield: 4.7%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.9%).
Reported Earnings • Aug 02First quarter 2022 earnings released: EPS JP¥19.71 (vs JP¥55.91 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥400.6b (down 23% from 1Q 2021). Net income: JP¥9.85b (down 65% from 1Q 2021). Profit margin: 2.5% (down from 5.4% in 1Q 2021).
Reported Earnings • Apr 30Full year 2021 earnings released: EPS JP¥58.81 (vs JP¥126 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥2.29t (up 1.8% from FY 2020). Net income: JP¥29.4b (down 53% from FY 2020). Profit margin: 1.3% (down from 2.8% in FY 2020). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Mar 24Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 3.6%. Within top quartile of German dividend payers (3.3%). In line with average of industry peers (3.6%).
공고 • Mar 09HomeServe Japan Corporation Signs Utility Partnership with Tohoku Electric PowerHomeServe Japan Corporation has signed a utility partnership with Tohoku Electric Power, its second in the country, and begun test marketing to homeowners. Two products are being marketed under the relationship – combined electrical wiring and air-conditioning cover; and comprehensive plumbing cover. As in HomeServe’s other geographies, these products are designed to meet the needs of homeowners who wish to avoid the unplanned cost and inconvenience of an unexpected home repair. Tohoku Electric Power has signed up to an exclusive, long term affinity partnership with HomeServe Japan, and will earn a commission on every sale and renewal among its customer base – the successful Membership model which HomeServe operates in its established territories. HomeServe Japan is responsible for marketing and service to homeowners, with its network of local providers fulfilling the claims. Products are fully underwritten by a local insurance provider.
Is New 90 Day High Low • Mar 05New 90-day high: €7.80The company is up 15% from its price of €6.80 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.89 per share.
Is New 90 Day High Low • Feb 10New 90-day high: €7.60The company is up 1.0% from its price of €7.55 on 11 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.84 per share.
Reported Earnings • Feb 07Third quarter 2021 earnings released: JP¥10.98 loss per share (vs JP¥9.55 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥503.4b (down 3.7% from 3Q 2020). Net loss: JP¥5.49b (down 215% from profit in 3Q 2020).
Analyst Estimate Surprise Post Earnings • Feb 07Revenue beats expectationsRevenue exceeded analyst estimates by 3.6%. Over the next year, revenue is expected to shrink by 1.9% compared to a 14% growth forecast for the Electric Utilities industry in Germany.
공고 • Jan 29Nippon Concrete Industries Co., Ltd. (TSE:5269) agreed to acquire an additional 57.8% stake in Tohoku Pole Co., Ltd. from Tohoku Electric Power Company, Incorporated (TSE:9506) and HNK Co., Inc.Nippon Concrete Industries Co., Ltd. (TSE:5269) agreed to acquire an additional 57.8% stake in Tohoku Pole Co., Ltd. from Tohoku Electric Power Company, Incorporated (TSE:9506) and HNK Co., Inc. on January 28, 2021. Under the terms, Nippon will acquire 0.28 million shares and increase its stake post completion to 64.3%. For the year ended March 2020, Tohoku Pole had net assets worth ¥6.8 billion, total assets worth ¥9.8 billion, sales of ¥10.4 billion, operating income of ¥258 million and net income of ¥176 million. Nippon Concrete's passed a resolution on acquisition on January 28, 2021. Transfer agreement is expected to be signed on February 5, 2021 and completion is expected on July 30, 2021. This matter will not affect the consolidated financial results of Nippon Concrete for the current fiscal year.
Reported Earnings • Jan 28Third quarter 2021 earnings releasedThe company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥503.4b (down 3.7% from 3Q 2020). Net loss: JP¥5.49b (down 215% from profit in 3Q 2020).
Analyst Estimate Surprise Post Earnings • Jan 28Revenue beats expectationsRevenue exceeded analyst estimates by 3.6%. Over the next year, revenue is expected to shrink by 1.9% compared to a 14% growth forecast for the Electric Utilities industry in Germany.
공고 • Dec 29Tohoku Electric Power Company, Incorporated to Report Q3, 2021 Results on Jan 27, 2021Tohoku Electric Power Company, Incorporated announced that they will report Q3, 2021 results on Jan 27, 2021
Is New 90 Day High Low • Dec 11New 90-day low: €6.60The company is down 21% from its price of €8.40 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.99 per share.
Is New 90 Day High Low • Nov 26New 90-day low: €7.30The company is down 12% from its price of €8.30 on 27 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.66 per share.
Reported Earnings • Nov 11Second quarter 2021 earnings released: EPS JP¥56.39The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥518.8b (down 12% from 2Q 2020). Net income: JP¥28.2b (up 42% from 2Q 2020). Profit margin: 5.4% (up from 3.4% in 2Q 2020). The increase in margin was driven by lower expenses.
Reported Earnings • Oct 30First half earnings releasedOver the last 12 months the company has reported total profits of JP¥74.5b, up 22% from the prior year. Total revenue was JP¥2.16t over the last 12 months, down 7.1% from the prior year.
공고 • Oct 10Tohoku Electric Power Company, Incorporated to Report Q2, 2021 Results on Oct 28, 2020Tohoku Electric Power Company, Incorporated announced that they will report Q2, 2021 results on Oct 28, 2020
Is New 90 Day High Low • Oct 08New 90-day low: €7.80The company is down 5.0% from its price of €8.20 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.46 per share.
공고 • Jul 05Tohoku Electric Power Company, Incorporated to Report Q1, 2021 Results on Jul 30, 2020Tohoku Electric Power Company, Incorporated announced that they will report Q1, 2021 results on Jul 30, 2020
