Tokyo Electric Power Company Holdings Incorporated (JP:9501)
:9501
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Tokyo Electric Power Company Holdings
(9501)
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Rating:52Neutral
Price Target:
¥605.00
▼(-15.74% Downside)
Action:ReiteratedDate:12/02/25
The overall stock score reflects a company with operational strengths but significant financial challenges. The bearish technical indicators and unattractive valuation further weigh down the score. Improvements in net income and a stable equity base are positive, but high leverage and inconsistent profitability remain concerns.
Positive Factors
Stable equity base & growing asset base
A stable equity ratio and a growing asset base provide a durable capital foundation, supporting long-term investment in generation and networks. This bolsters the company’s ability to meet regulatory capital requirements and fund strategic projects, improving resilience over months.
Negative Factors
High leverage
A debt-to-equity ratio above 1.7 signals significant leverage that raises interest and refinancing risk. High leverage limits financial flexibility to fund capex or absorb shocks, increases vulnerability to rising rates or fuel cost swings, and pressures credit metrics over time.
Read all positive and negative factors
Positive Factors
Negative Factors
Stable equity base & growing asset base
A stable equity ratio and a growing asset base provide a durable capital foundation, supporting long-term investment in generation and networks. This bolsters the company’s ability to meet regulatory capital requirements and fund strategic projects, improving resilience over months.
Read all positive factors
Tokyo Electric Power Company Holdings (9501) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥1.07T
Dividend YieldN/A
Average Volume (3M)89.03M
Price to Earnings (P/E)5.3
Beta (1Y)1.20
Revenue Growth-2.28%
EPS Growth-794.92%
CountryJP
Employees38,183
SectorUtilities
Sector Strength65
IndustryRenewable Utilities
Share Statistics
EPS (TTM)31.06
Shares Outstanding1,607,017,500
10 Day Avg. Volume89,096,750
30 Day Avg. Volume89,034,326
Financial Highlights & Ratios
PEG Ratio-0.11
Price to Book (P/B)0.18
Price to Sales (P/S)0.10
P/FCF Ratio-1.59
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥260.00Price Target Upside-63.79% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering1
EPS Forecast (FY)117.13
Revenue Forecast (FY)¥6.62T
Tokyo Electric Power Company Holdings Business Overview & Revenue Model
Company Description
Tokyo Electric Power Company Holdings, Incorporated generates, transmits, distributes, and retails electric power in Japan and internationally. The company operates a portfolio of thermal, nuclear, solar, wind, hydro, and geothermal power plants. ...
How the Company Makes Money
TEPCO Holdings makes money primarily through its consolidated operating subsidiaries and related group businesses. Key revenue streams include: (1) Electricity retail/sales revenue: earnings from selling electricity to residential, commercial, and...
Tokyo Electric Power Company Holdings Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.46T | 6.81T | 6.92T | 7.80T | 5.31T | 5.87T |
| Gross Profit | 552.76B | 234.45B | 278.86B | -228.97B | 46.23B | 143.46B |
| EBITDA | -255.20B | 635.88B | 718.51B | 277.51B | 477.90B | 645.11B |
| Net Income | -744.53B | 161.28B | 267.85B | -123.63B | 5.64B | 180.90B |
Balance Sheet | ||||||
| Total Assets | 15.00T | 14.99T | 14.60T | 13.56T | 12.84T | 12.09T |
| Cash, Cash Equivalents and Short-Term Investments | 781.82B | 936.34B | 1.24T | 717.91B | 862.38B | 455.20B |
| Total Debt | 6.59T | 6.69T | 6.45T | 5.87T | 5.53T | 4.97T |
| Total Liabilities | 11.88T | 11.20T | 11.06T | 10.44T | 9.63T | 8.95T |
| Stockholders Equity | 3.09T | 3.76T | 3.51T | 3.10T | 3.18T | 3.13T |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -433.04B | 3.55B | -654.53B | -44.90B | -265.19B |
| Operating Cash Flow | 0.00 | 400.28B | 708.38B | -23.38B | 507.01B | 334.67B |
| Investing Cash Flow | 0.00 | -859.21B | -698.79B | -388.84B | -559.79B | -577.22B |
| Financing Cash Flow | 0.00 | 194.17B | 541.50B | 319.98B | 560.60B | -20.34B |
Tokyo Electric Power Company Holdings Technical Analysis
Positive
718.00
Price Trends
643.18
Positive
678.36
Negative
670.40
Negative
Market Momentum
0.39
Negative
54.69
Neutral
54.69
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9501, the sentiment is Positive. The current price of 718 is above the 20-day moving average (MA) of 641.08, above the 50-day MA of 643.18, and above the 200-day MA of 670.40, indicating a neutral trend. The MACD of 0.39 indicates Negative momentum. The RSI at 54.69 is Neutral, neither overbought nor oversold. The STOCH value of 54.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9501.
Tokyo Electric Power Company Holdings Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | ¥751.78B | 6.68 | 7.17% | 3.22% | -1.56% | 9.17% | |
75 Outperform | ¥2.77T | 6.37 | 14.42% | 2.44% | 2.08% | 19.52% | |
74 Outperform | ¥581.77B | 5.14 | 16.40% | 3.47% | -8.73% | -6.98% | |
71 Outperform | ¥219.59B | 13.52 | 13.70% | 2.36% | -1.60% | -10.41% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
65 Neutral | ¥357.35B | 16.42 | 12.27% | 3.23% | -1.02% | 79.80% | |
52 Neutral | ¥1.07T | 5.29 | -22.13% | ― | -2.28% | -794.92% |
* Utilities Sector Average
JP:9501
Tokyo Electric Power Company Holdings
665.10
249.50
60.03%
JP:9504
Chugoku Electric Power Co
991.90
197.69
24.89%
JP:9513
Electric Power Development Co
4,107.00
1,703.52
70.88%
JP:9503
Kansai Electric Power Company
2,593.50
1,002.52
63.01%
JP:9506
Tohoku Electric Power Company
1,164.00
211.71
22.23%
JP:9509
Hokkaido Electric Power Company,Incorporated
1,069.50
416.71
63.83%
Tokyo Electric Power Company Holdings Corporate Events
TEPCO Secures Additional Funding for Fukushima Nuclear Compensation
Feb 25, 2026
Tokyo Electric Power Company Holdings has received an additional 8.6 billion yen in grants from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation. This funding is provided under a special business plan revised in January...
TEPCO to Book ¥80 Billion Extraordinary Gain From Kandenko Share Sale
Feb 16, 2026
Tokyo Electric Power Company Holdings said its consolidated subsidiary TEPCO Power Grid will record a substantial special profit from selling a large block of shares in Kandenko Co., Ltd. The utility has set the underwriting price for a secondary ...
TEPCO to Trim Qtes Stake via Secondary Offering While Maintaining Strategic Ties
Feb 16, 2026
Tokyo Electric Power Company Holdings will participate as a selling shareholder in a secondary offering of ordinary shares in Tokyo Energy Systems Inc., disposing of up to 3.1 million shares. The move is aimed at optimizing TEPCO’s capital ...
TEPCO Swings to Heavy Loss and Revises Nine-Month Results After Kandenko Share Sale
Feb 13, 2026
Tokyo Electric Power Company Holdings reported consolidated net sales of ¥4,612.2 billion for the nine months ended December 31, 2025, down 7.1% year on year, with operating income falling 16.9% to ¥258.4 billion and ordinary income slip...
TEPCO Books ¥11 Billion Extraordinary Gain From Kandenko Share Sale
Feb 2, 2026
Tokyo Electric Power Company Holdings announced that its subsidiary TEPCO Power Grid has sold 5,188,900 ordinary shares of electrical engineering firm Kandenko Co., Ltd. via Kandenko’s off-auction share repurchase on the Tokyo Stock Exchange...
TEPCO Books Massive Extraordinary Loss Tied to Fukushima Debris Work and Higher Compensation Costs
Jan 29, 2026
Tokyo Electric Power Company Holdings has announced the recognition of a substantial extraordinary loss in its results for the nine months ended December 31, 2025, primarily due to newly anticipated expenses of 905.6 billion yen for fuel debris re...
TEPCO Swings to Deep Nine-Month Loss, Maintains Weak Full-Year Outlook and Zero Dividend
Jan 29, 2026
Tokyo Electric Power Company Holdings reported a 7.1% year-on-year decline in net sales to ¥4.61 trillion for the nine months ended December 31, 2025, with operating income down 16.9% to ¥258.4 billion and ordinary income roughly flat at...
TEPCO Power Grid to Trim Kandenko Stake to Boost Capital Efficiency and Fund Growth
Jan 29, 2026
TEPCO Power Grid, a consolidated subsidiary of Tokyo Electric Power Company Holdings, will sell approximately 26 million ordinary shares of electrical engineering firm Kandenko via a secondary offering, while keeping its ownership stake above one-...
TEPCO to Transfer “SoloTime” Shared Office Business to Nomura Real Estate
Jan 28, 2026
Tokyo Electric Power Company Holdings will transfer its shared office business “SoloTime” to Nomura Real Estate Development through a simplified absorption-type company split scheduled to take effect on March 31, 2026, with no change t...
TEPCO Forecasts Return to Large Net Loss on Disaster-Related Costs Despite Higher Ordinary Income
Jan 26, 2026
TEPCO HD has released a revised consolidated forecast for the fiscal year ending March 31, 2026, projecting net sales of ¥6.462 trillion, down ¥348 billion from the previous year due mainly to lower electricity sales volumes, while ordin...
TEPCO Wins Approval for Fifth Comprehensive Special Business Plan
Jan 26, 2026
Tokyo Electric Power Company Holdings has obtained government approval for its Fifth Comprehensive Special Business Plan, submitted jointly with the Nuclear Damage Compensation and Decommissioning Facilitation Corporation under Japan’s nucle...
TEPCO Secures Additional 2.8 Billion Yen in Public Funds for Nuclear Compensation
Jan 22, 2026
Tokyo Electric Power Company Holdings has received an additional 2.8 billion yen in grants from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation under its approved Special Business Plan, as its compensation obligations ...
TEPCO Seeks ¥73.3 Billion Increase in Fukushima-Related Financial Assistance and Plan Revision
Jan 9, 2026
TEPCO has applied to amend the amount of financial assistance it receives under the 23rd provision from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation and, together with the NDF, has sought government approval to modi...
TEPCO Secures Additional ¥18.4 Billion in State-Backed Nuclear Compensation Aid
Dec 24, 2025
Tokyo Electric Power Company Holdings has received 18.4 billion yen in additional grants from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation under a special business plan revised in March 2025. This latest tranche, fo...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.