Tohoku Electric Power Company, Incorporated

Tokyo Stock Exchange 9506.T

Tohoku Electric Power Company, Incorporated Interest Coverage Ratio for the year ending March 31, 2024: 12.89

Tohoku Electric Power Company, Incorporated Interest Coverage Ratio is 12.89 for the year ending March 31, 2024, a 227.17% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Tohoku Electric Power Company, Incorporated Interest Coverage Ratio for the year ending March 31, 2023 was -10.14, a -174.23% change year over year.
Tohoku Electric Power Company, Incorporated Interest Coverage Ratio for the year ending March 31, 2022 was -3.70, a -181.69% change year over year.
Tohoku Electric Power Company, Incorporated Interest Coverage Ratio for the year ending March 31, 2021 was 4.53, a -29.39% change year over year.
Tohoku Electric Power Company, Incorporated Interest Coverage Ratio for the year ending March 31, 2020 was 6.41, a 31.65% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Tokyo Stock Exchange: 9506.T

Tohoku Electric Power Company, Incorporated

CEO	Mr. Kojiro Higuchi
IPO Date	Jan. 1, 2001
Location	Japan
Headquarters	1-7-1 Honcho
Employees	24,234
Sector	Utilities
Industries Electricity Energy Infrastructure & Tools Renewables Utility

Description

Tohoku Electric Power Company, Incorporated, an energy service conglomerate in Japan and internationally. The company operates through Power Generation and Sales, Power Transmission and Distribution, and Construction segments. It also generates and supplies hydroelectric, thermal, nuclear, internal combustion power, and renewable electricity. In addition, the company is involved in the construction of electrical, and telecommunication facilities and buildings; civil engineering operations; design and manufacture of electricity supply facilities; and business related to the research, survey, and analysis concerning environment preservation. Tohoku Electric Power Company, Incorporated was incorporated in 1951 and is headquartered in Sendai, Japan.

Key trends

Past 5 years