Tokyo Electric Power Company Holdings (9501) AI Stock Analysis

• Market Cap: ¥1.13T
• Dividend Yield: N/A
• Average Volume (3M): 89.03M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.91
• Revenue Growth: -2.28%
• EPS Growth: -794.92%
• Country: JP
• Employees: 38,183
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): 90.69
• Shares Outstanding: 1,607,017,500
• 10 Day Avg. Volume: 89,096,750
• 30 Day Avg. Volume: 89,034,326
• 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 Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: ¥723.00 ▼(-0.59% Downside)

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

Operational Efficiency

TEPCO's operational efficiency and solid asset base indicate a strong foundation for long-term stability and growth, enhancing its ability to manage costs and improve profitability over time.

Stable Equity Base

A stable equity base provides TEPCO with financial resilience, allowing it to withstand economic fluctuations and invest in future growth opportunities, supporting long-term business sustainability.

Positive Net Income

The improvement in net income reflects TEPCO's ability to enhance profitability, which is crucial for reinvestment in business operations and strategic initiatives, supporting future growth.

Negative Factors

High Leverage

High leverage can strain TEPCO's financial flexibility, increasing risk during economic downturns and potentially limiting its ability to invest in growth initiatives.

Negative Free Cash Flow

Consistently negative free cash flow suggests TEPCO may struggle to fund capital expenditures from operations, potentially impacting its ability to invest in growth and innovation.

Fluctuating Revenue Trends

Volatile revenue trends can create uncertainty in financial planning and may hinder TEPCO's ability to maintain consistent growth, affecting long-term strategic execution.

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. It is also involved in the gas sales business; and provision of consulting services for electricity companies. The company was formerly known as Tokyo Electric Power Company, Incorporated and changed its name to Tokyo Electric Power Company Holdings, Incorporated in April 2016. The company was founded in 1951 and is headquartered in Tokyo, Japan. Tokyo Electric Power Company Holdings, Incorporated is a subsidiary of Nuclear Damage Compensation and Decommissioning Facilitation Corporation.

How the Company Makes Money

TEPCO generates revenue primarily through the sale of electricity to residential, commercial, and industrial customers. The company operates under a regulated tariff system, which allows it to set prices based on government-approved rates. Key revenue streams include electricity sales, ancillary services, and grid management. TEPCO also benefits from investments in renewable energy projects and partnerships with other energy firms, which help diversify its energy portfolio and stabilize earnings. Additionally, the company has engaged in cost-reduction initiatives and the acquisition of new technologies to enhance operational efficiency and profitability.

Tokyo Electric Power Company Holdings Financial Statement Overview

Summary

Tokyo Electric Power Company Holdings shows operational efficiency and a solid asset base, but faces challenges with high leverage and inconsistent profitability. Revenue and cash flow trends indicate potential risk, though improvements in net income and a stable equity base offer a positive outlook.

Income Statement

Tokyo Electric Power Company Holdings has shown fluctuating revenue trends over the last few years, with revenue peaking in 2023 but declining in 2025. The gross profit margin and net profit margin have been volatile, with the company experiencing negative gross profit margins in 2023. However, profitability improved in 2025 with a positive net income. The EBIT and EBITDA margins indicate some level of operational efficiency, though they have also fluctuated significantly.

Balance Sheet

The company's balance sheet reflects a high level of debt, with a debt-to-equity ratio consistently above 1.7, indicating significant leverage. However, the equity ratio has remained stable, suggesting a solid capital base. Return on equity has been inconsistent, reflecting variability in profitability. The company's asset base has been growing, which is a positive sign for future growth potential.

Cash Flow

Cash flows have been mixed, with negative free cash flow in most years, indicating potential challenges in covering capital expenditures through operating cash flows alone. However, the operating cash flow has generally been positive, suggesting that core operations are generating cash, albeit not always sufficient to cover investments. The operating cash flow to net income ratio has shown variability, reflecting challenges in converting profits into cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.74T	6.81T	6.92T	7.80T	5.31T	5.87T
Gross Profit	356.43B	234.45B	299.93B	-228.97B	46.23B	143.46B
EBITDA	603.46B	635.88B	718.51B	294.58B	514.37B	682.57B
Net Income	-775.65B	161.28B	267.85B	-123.63B	2.92B	180.90B
Balance Sheet
Total Assets	14.71T	14.99T	14.60T	13.56T	12.85T	12.09T
Cash, Cash Equivalents and Short-Term Investments	736.90B	936.34B	1.24T	717.91B	862.38B	454.89B
Total Debt	6.63T	6.54T	6.45T	5.16T	4.94T	4.50T
Total Liabilities	11.85T	11.20T	11.06T	10.44T	9.63T	8.95T
Stockholders Equity	2.83T	3.76T	3.51T	3.10T	3.20T	3.13T
Cash Flow
Free Cash Flow	0.00	-433.04B	-31.82B	-706.82B	-145.41B	-360.03B
Operating Cash Flow	0.00	400.28B	673.02B	-75.67B	406.49B	239.82B
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

• Technical Analysis Sentiment: Positive
• Last Price: 727.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: 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 727.3 is above the 20-day moving average (MA) of 664.47, below the 50-day MA of 732.66, and above the 200-day MA of 598.56, indicating a neutral trend. The MACD of 0.33 indicates Negative momentum. The RSI at 56.59 is Neutral, neither overbought nor oversold. The STOCH value of 75.39 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9513	82 Outperform	¥592.34B	5.54	7.92%	3.22%	-1.56%	9.17%
9503	75 Outperform	¥2.62T	6.17	14.42%	2.44%	2.08%	19.52%
9506	74 Outperform	¥582.02B	3.56	16.13%	3.47%	-8.73%	-6.98%
9509	71 Outperform	¥223.69B	3.97	14.57%	2.36%	-1.60%	-10.41%
9504	69 Neutral	¥355.87B	3.24	15.45%	3.23%	-1.02%	79.80%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
9501	52 Neutral	¥1.13T	-1.57	-22.13%	―	-2.28%	-794.92%

Tokyo Electric Power Company Holdings Corporate Events

TEPCO Secures Additional ¥18.4 Billion in State-Backed Nuclear Compensation Aid

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, following previous indemnity payments totaling 188.9 billion yen and cumulative grants of approximately 11.4534 trillion yen, was requested because compensation obligations through the end of January 2026 were projected to exceed earlier support, underscoring the still-substantial financial and operational burden of nuclear accident compensation on TEPCO and the ongoing reliance on government-backed funding mechanisms for its long-term obligations to affected stakeholders.

The most recent analyst rating on (JP:9501) stock is a Hold with a Yen723.00 price target. To see the full list of analyst forecasts on Tokyo Electric Power Company Holdings stock, see the JP:9501 Stock Forecast page.

TEPCO Secures Additional Funding for Nuclear Damage Compensation

TEPCO received a 10.9 billion yen grant from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation to aid in nuclear damage compensation efforts. This financial assistance is part of a larger framework to support TEPCO in addressing the aftermath of the nuclear accident, ensuring that compensation is provided to those affected.

The most recent analyst rating on (JP:9501) stock is a Hold with a Yen915.00 price target. To see the full list of analyst forecasts on Tokyo Electric Power Company Holdings stock, see the JP:9501 Stock Forecast page.

TEPCO HD Reports Significant Extraordinary Loss Due to Disaster and Nuclear Compensation

Tokyo Electric Power Company Holdings has announced an extraordinary loss for the interim consolidated accounting period ending March 31, 2026, primarily due to expenses related to the Great East Japan Earthquake and nuclear damage compensation. The company recorded a total extraordinary loss of 966.2 billion yen, with 904.1 billion yen attributed to disaster recovery and 62.1 billion yen to updated nuclear damage compensation estimates. This announcement highlights the ongoing financial impact of past nuclear incidents on TEPCO HD’s operations and its continued efforts to address these challenges.

The most recent analyst rating on (JP:9501) stock is a Hold with a Yen838.00 price target. To see the full list of analyst forecasts on Tokyo Electric Power Company Holdings stock, see the JP:9501 Stock Forecast page.

Tokyo Electric Power Reports Significant Net Loss Amidst Sales Decline

Tokyo Electric Power Company Holdings reported a decline in net sales by 6.1% for the six months ending September 30, 2025, compared to the previous year. Despite an increase in operating and ordinary income, the company experienced a substantial net loss attributable to owners of the parent, amounting to ¥712,397 million. The financial results highlight ongoing challenges, including the undetermined restart of the Kashiwazaki-Kariwa Nuclear Power Station, which affects the company’s ability to forecast future earnings.

The most recent analyst rating on (JP:9501) stock is a Hold with a Yen838.00 price target. To see the full list of analyst forecasts on Tokyo Electric Power Company Holdings stock, see the JP:9501 Stock Forecast page.

TEPCO Secures Additional Financial Support for Nuclear Compensation

Tokyo Electric Power Company Holdings has received a 66 billion yen grant from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation as part of its ongoing efforts to manage the aftermath of a nuclear accident. This financial assistance is crucial for TEPCO as it continues to address compensation claims, ensuring support for those affected by the incident and maintaining its commitment to operational recovery and stakeholder responsibility.

The most recent analyst rating on (JP:9501) stock is a Hold with a Yen722.00 price target. To see the full list of analyst forecasts on Tokyo Electric Power Company Holdings stock, see the JP:9501 Stock Forecast page.