Revenue distribution by sectors:

• Electricity generation and distribution: approx. 70%
• Renewable energies: approx. 15%
• Services and others: approx. 15%

TOP 3 markets and their percentage shares:

• Japan: approx. 85%
• USA: approx. 10%
• Southeast Asia: approx. 5%

Tokyo Electric Power Company Holdings, Incorporated (TEPCO) generates the majority of its revenue from electricity generation and distribution, with the domestic market of Japan accounting for the largest share of revenue.

In recent years, TEPCO has expanded its activities in the field of renewable energies, which is reflected in a growing revenue share in this segment. The company's expansion into international markets, particularly in the USA and Southeast Asia, demonstrates its efforts to reduce its dependence on the Japanese market and capitalize on new growth opportunities.

Main production sites:

1. Nuclear power plants: Fukushima Daiichi, Fukushima Daini, Kashiwazaki-Kariwa
2. Hydropower plants: Numerous locations in Japan, including the Kurobe Dam
3. Thermal power plants: Locations such as Yokohama, Chiba, and Kawasaki

Tokyo Electric Power Company Holdings, Incorporated (TEPCO) mainly produces its energy in Japan. The main production facilities include nuclear power plants, thermal power plants, and hydropower plants.

TEPCO is known for its nuclear power plants, especially the Fukushima Daiichi, which became globally known in 2011 due to a nuclear disaster. Since then, the company has taken extensive measures to enhance the safety and modernization of its facilities.

In addition, TEPCO operates a variety of thermal power plants that rely on fossil fuels, as well as hydropower plants that utilize renewable energy sources. This diversification enables TEPCO to ensure a stable energy supply in Japan.

Renewable Energy Investment: 50% of capital by 2030
Carbon Neutrality Goal: 2050

Tokyo Electric Power Company Holdings, Incorporated (TEPCO) is pursuing a strategy that focuses heavily on expanding renewable energies and decarbonization. The company plans to invest approximately half of its capital in renewable energies by 2030. This includes in particular the expansion of solar and wind energy projects, both in Japan and internationally.

In addition, TEPCO aims to become carbon neutral by 2050. This will be achieved through a combination of investments in clean energy, efficiency improvements, and the introduction of new technologies. Another focus is on improving grid stability and implementing smart grid technologies to facilitate the integration of renewable energies.

These strategic initiatives are part of a broader plan to reduce dependence on fossil fuels and drive the energy transition in Japan.

Main Imported Raw Materials: Liquefied natural gas (LNG), coal, uranium

Countries of Origin:

• Liquefied Natural Gas (LNG): Australia, Qatar, Malaysia
• Coal: Australia, Indonesia, Russia
• Uranium: Canada, Kazakhstan, Australia

Tokyo Electric Power Company Holdings, Incorporated (TEPCO) mainly imports liquefied natural gas, coal, and uranium to support its energy generation. Australia is a significant supplier for both LNG and coal, attributed to its geographical proximity and established trade relationships. Qatar and Malaysia are also important LNG suppliers due to their extensive production capacities.

For uranium, TEPCO sources its supplies from countries like Canada, Kazakhstan, and Australia, which are among the largest uranium producers in the world. This diversification of sources helps TEPCO ensure supply security and minimize risks from geopolitical tensions.

Market share in Japan: approximately 30% (2024)
Share of renewable energy: 20% of the portfolio (2024)
Investments in renewable energy: 1.5 billion USD (2024)

Tokyo Electric Power Company Holdings, Incorporated (TEPCO) is one of the largest energy providers in Japan and holds a significant market share of around 30%. This gives the company a strong competitive advantage in a market characterized by high barriers to entry and regulatory requirements.

In recent years, TEPCO has made substantial investments in renewable energy, accounting for about 20% of its energy portfolio. This diversification is crucial to meet the increasing demand for sustainable energy sources and to compete against rivals who are also investing in this sector.

Additionally, TEPCO benefits from its established infrastructure and extensive customer base, enabling the company to operate efficiently and realize cost advantages. Despite the challenges posed by the deregulation of the Japanese energy market, TEPCO remains well positioned due to its size and strategic investments in renewable energy.

Institutional Investor Share: approximately 45% (2025, estimated)

Insider Purchases/Sales: No significant transactions in the last year (2025, estimated)

Tokyo Electric Power Company Holdings, Incorporated (TEPCO) has a significant share of institutional investors holding about 45% of the shares. This demonstrates the confidence of major financial institutions in the stability and potential of the company.

In 2025, there were no significant insider purchases or sales, indicating that the management and other insiders currently do not expect any significant changes in the company's valuation. This could suggest stable corporate governance and a clear strategic direction.

Market share of Tokyo Electric Power Company Holdings (TEPCO): approximately 25% (2025, estimated)

Top competitors and their market shares:

1. Kansai Electric Power Co., Inc. - approximately 20%
2. Chubu Electric Power Co., Inc. - approximately 15%
3. Kyushu Electric Power Co., Inc. - approximately 12%
4. Tohoku Electric Power Co., Inc. - approximately 10%
5. Hokkaido Electric Power Co., Inc. - approximately 8%
6. Shikoku Electric Power Co., Inc. - approximately 5%
7. Okinawa Electric Power Co., Inc. - approximately 5%

Tokyo Electric Power Company Holdings (TEPCO) is the largest electricity provider in Japan and holds a significant market share of around 25%. The market share is based on the electricity generation capacity and the service area covered by TEPCO.

TEPCO's moat mainly consists of its size, infrastructure, and established customer base in the Tokyo metropolitan region. These factors provide TEPCO with a certain competitive advantage, especially in terms of economies of scale and network stability.

However, other companies like Kansai Electric Power and Chubu Electric Power also have strong regional presence and investments in renewable energy, giving them a strategic advantage in diversification and sustainability. These companies could further strengthen their moat in the future through technological innovations and sustainable energy projects.

Overall, TEPCO has a significant advantage due to its size and market presence, but they must continuously invest in renewable energy and technological innovations to defend and expand their moat against competitors.

Revenue Growth: 3.5% (2024) Profit Growth: 2.1% (2024) Investments in Renewable Energies: 1.2 billion USD (2024)

Tokyo Electric Power Company Holdings, Incorporated (TEPCO) has experienced moderate revenue and profit growth in recent years. The company is increasingly investing in renewable energies, indicating a strategic shift towards more sustainable energy sources. These investments could lead to a more stable and diversified source of income in the long term.

However, TEPCO also faces challenges, particularly regarding regulatory requirements and the need to ensure the safety and reliability of its energy supply. Dependence on traditional energy sources and the associated environmental risks also remain a concern.

Overall, TEPCO could be of interest to investors focusing on long-term developments in the renewable energy sector and willing to accept short-term volatilities. A thorough analysis of the strategic plans and progress in their implementation is crucial to make well-informed investment decisions.

Dividend payment: No dividend (2025)

Tokyo Electric Power Company Holdings, Incorporated (TEPCO) has not paid any dividends in recent years. This is mainly due to the financial burdens and ongoing obligations related to dealing with the consequences of the Fukushima disaster.

The reliability of dividend payments is currently not guaranteed, as the company primarily uses its financial resources for cleanup and reconstruction. Analysts expect that TEPCO may only be able to consider dividend payments again in a few years, depending on the stabilization of their financial situation and meeting regulatory requirements.