Japanese (NIKKEI) Electric Utilities Industry Analysis

Industry Valuation and Performance

Has the Japanese Electric Utilities Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 25 May 2026	JP¥7.8t	JP¥22.6t	JP¥612.1b	6x	12.7x	0.3x
Wed, 22 Apr 2026	JP¥8.3t	JP¥23.1t	JP¥529.3b	4.9x	15.7x	0.4x
Fri, 20 Mar 2026	JP¥8.5t	JP¥23.1t	JP¥529.3b	5x	16x	0.4x
Sun, 15 Feb 2026	JP¥8.9t	JP¥23.1t	JP¥529.1b	5.1x	16.8x	0.4x
Tue, 13 Jan 2026	JP¥8.2t	JP¥23.6t	JP¥562.5b	4.5x	14.5x	0.3x
Thu, 11 Dec 2025	JP¥8.1t	JP¥23.6t	JP¥562.3b	4.3x	14.4x	0.3x
Sat, 08 Nov 2025	JP¥8.0t	JP¥23.6t	JP¥562.3b	4x	14.3x	0.3x
Mon, 06 Oct 2025	JP¥7.3t	JP¥24.0t	JP¥405.8b	5x	18x	0.3x
Wed, 03 Sep 2025	JP¥7.6t	JP¥24.0t	JP¥405.8b	5.2x	18.8x	0.3x
Fri, 01 Aug 2025	JP¥6.5t	JP¥24.1t	JP¥1.4t	5x	4.8x	0.3x
Sun, 29 Jun 2025	JP¥5.9t	JP¥24.2t	JP¥1.4t	4.4x	4.2x	0.2x
Tue, 27 May 2025	JP¥5.7t	JP¥24.2t	JP¥1.4t	3.9x	4.1x	0.2x
Thu, 24 Apr 2025	JP¥5.9t	JP¥23.9t	JP¥1.3t	4.2x	4.4x	0.2x
Sat, 22 Mar 2025	JP¥6.4t	JP¥23.9t	JP¥1.3t	4.7x	4.8x	0.3x
Mon, 17 Feb 2025	JP¥5.8t	JP¥23.9t	JP¥1.3t	4.2x	4.3x	0.2x
Wed, 15 Jan 2025	JP¥5.7t	JP¥23.7t	JP¥1.1t	5x	5x	0.2x
Fri, 13 Dec 2024	JP¥5.9t	JP¥23.7t	JP¥1.1t	5.2x	5.1x	0.2x
Sun, 10 Nov 2024	JP¥7.1t	JP¥23.7t	JP¥1.1t	6.3x	6.2x	0.3x
Tue, 08 Oct 2024	JP¥7.3t	JP¥23.7t	JP¥1.5t	4.3x	4.9x	0.3x
Thu, 05 Sep 2024	JP¥7.1t	JP¥23.7t	JP¥1.5t	4.5x	4.8x	0.3x
Sat, 03 Aug 2024	JP¥7.0t	JP¥23.7t	JP¥1.5t	4.4x	4.7x	0.3x
Mon, 01 Jul 2024	JP¥7.9t	JP¥24.0t	JP¥1.8t	4.7x	4.4x	0.3x
Wed, 29 May 2024	JP¥8.5t	JP¥24.0t	JP¥1.8t	5.4x	4.6x	0.4x
Fri, 26 Apr 2024	JP¥7.5t	JP¥25.2t	JP¥2.6t	3.7x	2.9x	0.3x
Sun, 24 Mar 2024	JP¥7.2t	JP¥25.2t	JP¥2.6t	3.3x	2.8x	0.3x
Tue, 20 Feb 2024	JP¥6.4t	JP¥25.2t	JP¥2.6t	3x	2.5x	0.3x
Thu, 18 Jan 2024	JP¥6.5t	JP¥26.1t	JP¥1.6t	4.2x	4.1x	0.2x
Sat, 16 Dec 2023	JP¥6.3t	JP¥26.1t	JP¥1.6t	4.2x	4x	0.2x
Mon, 13 Nov 2023	JP¥6.0t	JP¥26.1t	JP¥1.6t	4x	3.8x	0.2x
Wed, 11 Oct 2023	JP¥6.0t	JP¥26.2t	JP¥381.5b	10.9x	15.8x	0.2x
Fri, 08 Sep 2023	JP¥6.3t	JP¥26.2t	JP¥381.5b	11x	16.5x	0.2x
Sun, 06 Aug 2023	JP¥5.7t	JP¥26.2t	JP¥383.0b	10.1x	15x	0.2x
Tue, 04 Jul 2023	JP¥5.7t	JP¥25.4t	-JP¥585,708,000,000.00	63.4x	-9.7x	0.2x
Thu, 01 Jun 2023	JP¥5.2t	JP¥25.4t	-JP¥585,969,000,000.00	80.6x	-8.8x	0.2x

Current Industry PE

Investors are optimistic on the Japanese Electric Utilities industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 12.7x which is higher than its 3-year average PE of 7.2x.

The industry is trading close to its 3-year average PS ratio of 0.28x.

Past Earnings Growth

Total earnings for the Electric Utilities industry have gone up over the last three years and the industry is now profitable.
Revenues have declined 3.8% per year.
This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Japanese Utilities industry?


JP Market	1.18%
Utilities	-2.77%
Electric Utilities	-3.40%
Electric Utilities	-3.40%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

	Company	Last Price	7D	1Y	Valuation
	9502 Chubu Electric Power Company	JP¥2.72k	0.07% +JP¥1.5b	56.7%	PE9x

Company

Last Price

Valuation

9502 Chubu Electric Power Company

JP¥2.72k

0.07%
+JP¥1.5b

56.7%

PE9x

Mitsuba Corporation (TSE:7280) and Chubu Electric Power Company, Incorporated (TSE:9502) proposed to acquire an remaining 48.7% stake in Ryomo Systems Co.,Ltd. (TSE:9691) for ¥8.9 billion.

Mitsuba Corporation (TSE:7280) and Chubu Electric Power Company, Incorporated (TSE:9502) proposed to acquire an remaining 48.7% stake in Ryomo Systems Co.,Ltd. (TSE:9691) for ¥8.9 billion on May 14, 2026. A cash consideration valued at ¥5200 per share will be paid by Mitsuba Corporation and Chubu Electric Power Company, Incorporated. The lower limit of the tender offer acceptance is 0.53726 million shares, which will increase the ownership of tender offerors to 66.67% stake. The sellers in the transaction include Sadami Hino, Custody Bank of Japan, Ltd., Hikari Tsushin Investments Okinawa Co., Ltd., Tomohiro Yoshida, Secom General Insurance Co., Ltd., Sunfield Industry Co., Ltd., Kiryu Gas Company and Ryuei Seiko, K.K. If the Tender Offer is successfully completed, but the Offerors are unable to acquire all of the Target Company Shares (excluding the Target Company Shares held by MITSUBA and the treasury shares held by the Target Company) in the Tender Offer, then the Offerors intend to request the Target Company to carry out a series of procedures (the “Squeeze Out Procedures”) for making the Offerors the only shareholders of the Target Company. the Offerors, MITSUBA plans to purchase up to 1,003,800 shares (ownership percentage: 28.69%) out of the total number of Tendered Share Certificates, Etc. in which 80% of the voting rights represented by the Target Company Shares will be held by MITSUBA after purchase, and Chubu Electric Power plans to purchase the remaining 20% shares. The transaction is subject to minimum tender. The Board of Directors of Ryomo Systems Co.,Ltd. formed a special committee for the transaction. The expected completion of the transaction is July 8, 2026. The transaction was recommended by board of directors of Ryomo Systems on May 14, 2026. Mizuho Securities Co., Ltd. acted as financial advisor for Mitsuba Corporation. YAMADA Consulting Group Co.,Ltd. acted as financial advisor for Chubu Electric Power Company, Incorporated. Mori Hamada & Matsumoto LPC acted as legal advisor for Mitsuba Corporation and Chubu Electric Power Company, Incorporated. Nishimura & Asahi acted as legal advisor for Ryomo Systems Co.,Ltd.

Japanese (NIKKEI) Electric Utilities Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

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