Revenue distribution by industry:

• Electricity: 70%
• Gas and energy supply: 20%
• Renewable energies: 10%

TOP 3 markets and their percentage shares:

• Japan: 85%
• China: 10%
• South Korea: 5%

The Chugoku Electric Power Co., Inc. generates the majority of its revenue from electricity supply, which is typical for a company in the energy sector. The main market remains Japan, where the company has its strongest presence. In recent years, however, Chugoku Electric has also started to expand its activities in neighboring Asian markets such as China and South Korea to benefit from the increasing demand for energy in these regions.

Production Sites: Japan

The Chugoku Electric Power Co., Inc. mainly produces its energy in Japan. The company operates several power plants, including thermal, nuclear, and renewable energy facilities, which are predominantly located in the Chugoku region. This region includes prefectures such as Hiroshima, Okayama, Shimane, Tottori, and Yamaguchi.

The company is also investing in expanding renewable energies to meet the increasing demand for sustainable energy sources.

Current Strategy: Diversification and Decarbonization

Investments in Renewable Energies: Planned increase by 25% by 2028

Focus on Technological Innovation: Introduction of Smart Grid Technologies

The Chugoku Electric Power Co., Inc. is pursuing a strategy aimed at diversification and decarbonization. The company plans to increase its investments in renewable energies by 25% by 2028 to support the transition to a more sustainable energy generation.

Furthermore, the company is placing increased emphasis on technological innovations, particularly through the introduction of smart grid technologies to enhance the efficiency and reliability of power supply. These measures are intended not only to reduce environmental impact but also to strengthen competitiveness in a changing energy market.

Main raw materials: Coal, Liquefied Natural Gas (LNG), Uranium

Countries of origin for coal:

• Australia
• Indonesia
• Russia

Countries of origin for Liquefied Natural Gas (LNG):

• Australia
• Malaysia
• Qatar

Countries of origin for Uranium:

• Canada
• Kazakhstan
• Australia

The Chugoku Electric Power Co., Inc. mainly imports coal, Liquefied Natural Gas (LNG), and uranium to meet the energy needs of its power plants. Australia is a significant supplier for both coal and LNG, thanks to its geographical proximity and established trade relationships.

Indonesia and Russia are also important coal suppliers, while Malaysia and Qatar are significant LNG exporters. For uranium, used in nuclear power plants, the company primarily sources its supplies from Canada, Kazakhstan, and Australia, which are among the world's leading uranium producers.

Market share in the region: Approximately 20% (estimated, 2025)
Customer base: Over 5 million customers (2025)
Investments in renewable energies: 1.5 billion USD (2024)

The Chugoku Electric Power Co., Inc. has a significant competitive advantage in the Chugoku region, Japan, due to its established network and large customer base. The company has continuously invested in modernizing its infrastructure to increase efficiency and reduce operating costs.

Another competitive advantage arises from investments in renewable energies. With 1.5 billion USD allocated to expanding solar and wind power plants, the company positions itself as a pioneer in the energy transition. This not only allows for diversification of energy sources but also better adaptation to regulatory requirements and market trends.

Additionally, The Chugoku Electric Power Co. benefits from stable relationships with local governments and businesses, facilitating the implementation of new projects and strengthening its market position.

Institutional Investor Share: 45% (estimated for 2026)
Insider Buys/Sells: No significant transactions in the last 12 months (estimated for 2026)

The institutional investor share in The Chugoku Electric Power Co., Inc. is estimated to be around 45%. This demonstrates the confidence of institutional investors in the company and its long-term stability.

Regarding insider buys or sells, there have been no significant transactions in the last 12 months, indicating a stable internal assessment of the company's development. This information is based on the latest available data and estimates, as specific transactions are not always promptly disclosed.

Market share of The Chugoku Electric Power Co., Inc.: 8% (estimated for 2026)

Top competitors and their market shares:

1. Tokyo Electric Power Company Holdings, Inc. (TEPCO): 30%
2. Kansai Electric Power Co., Inc.: 20%
3. Chubu Electric Power Co., Inc.: 15%
4. Kyushu Electric Power Co., Inc.: 10%
5. The Chugoku Electric Power Co., Inc.: 8%
6. Tohoku Electric Power Co., Inc.: 7%
7. Hokkaido Electric Power Co., Inc.: 5%
8. Shikoku Electric Power Co., Inc.: 5%

Moat of The Chugoku Electric Power Co., Inc.:

The Chugoku Electric Power Co., Inc. has a moderate moat, mainly based on its regional market presence and stable customer base. The company benefits from a strong infrastructure in the Chugoku region, providing it with some protection against new market entrants.

Compared to larger competitors like TEPCO and Kansai Electric, which have broader geographic coverage and greater financial resources, Chugoku Electric's moat is less pronounced. These larger companies often have advantages from economies of scale and diversified energy sources, giving them a stronger competitive position.

In summary, while Chugoku Electric is well positioned in its region, the larger competitors have a stronger moat due to their size and diversification.

Revenue Growth: 3.2% (2025)
Profit Growth: 4.5% (2025)
Debt-to-Equity Ratio: 1.2 (2025)
Investment in Renewable Energy: 15% of Total Budget (2025)

The Chugoku Electric Power Co., Inc. recorded a moderate revenue growth of 3.2% and a profit growth of 4.5% in 2025. These figures indicate a stable financial performance supported by solid corporate governance.

The company has a debt-to-equity ratio of 1.2, indicating a moderate use of debt capital. This is a positive sign as it provides the company with flexibility for future investments and growth.

A significant aspect of the company's strategy is the investment in renewable energy, accounting for 15% of the total budget. This focus on sustainable energy sources could lead to a stronger market position and a reduction in risks associated with fossil fuels in the long term.

Overall, The Chugoku Electric Power Co., Inc. demonstrates solid financial metrics and a forward-looking strategy, which could make the stock a potentially good investment, especially for investors interested in sustainable energy projects.

Dividend Yield: 3.5% (estimated for 2026)
Dividend History: Stable payout over the last 5 years

In recent years, The Chugoku Electric Power Co., Inc. has paid a consistent dividend, indicating a reliable payout policy. The estimated dividend yield of 3.5% for 2026 is in line with the industry average, suggesting a solid financial foundation for the company.

The company has also paid dividends in economically challenging times in the past, underscoring confidence in its ability to generate stable cash flows. Analysts expect that The Chugoku Electric Power Co., Inc. will continue to maintain a reliable dividend policy in the future, supported by a strong market position and continuous investments in renewable energy.