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MarketScreener Homepage  >  Equities  >  Tokyo  >  Tokyo Electric Power Company Holding Inc    9501   JP3585800000

TOKYO ELECTRIC POWER COMPANY HOLDING INC

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Tokyo Electric Power : Tepco unit set up in Thailand to offer services to Japan firms

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08/14/2019 | 01:43am EDT

A subsidiary of Tokyo Electric Power Company Holdings Inc., Japan's largest utility, has set up a unit in Thailand to offer comprehensive energy services to Japanese companies.

The Bangkok unit of Tepco Energy Partner Inc. plans to provide services including the planning, building and maintaining of energy facilities utilizing its energy-saving technologies, such as solar energy, according to a statement released Friday.

The company has received various inquiries from Japanese companies operating in Thailand about energy at their factories and other facilities, including ones about saving energy and cutting carbon dioxide emissions, the statement said.

Capitalized at 2 million baht ($65,000), the unit, Tepco Energy Partner International (Thailand) Co., is owned 40 percent by Tepco Energy Partner, 9 percent by its wholly owned Japan Facility Solutions Inc., and the remaining 51 percent by two Thai financial institutions, Tepco Energy Partner told NNA.

"We are considering providing services (also) to neighboring countries," a spokesman for Tepco Energy Partner said, adding that it will also look into offering services for companies other than Japanese. (NNA/Kyodo)

==Kyodo

© Kyodo News International, Inc., source Newswire

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Financials (JPY)
Sales 2020 6 500 B
EBIT 2020 335 B
Net income 2020 330 B
Debt 2020 3 265 B
Yield 2020 -
P/E ratio 2020 2,90x
P/E ratio 2021 5,78x
EV / Sales2020 0,62x
EV / Sales2021 0,66x
Capitalization 796 B
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Mean consensus SELL
Number of Analysts 3
Average target price 425,00  JPY
Last Close Price 497,00  JPY
Spread / Highest target -11,5%
Spread / Average Target -14,5%
Spread / Lowest Target -17,5%
EPS Revisions
Managers
NameTitle
Tomoaki Kobayakawa Executive President & Director
Takashi Kawamura Chairman
Naomi Hirose Executive Vice Chairman
Hideko Kunii Independent Director
Keita Nishiyama Director & Head-Corporate Planning
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