Shikoku Electric Power
Basic Information
- Stock Code
- 9507
- Industry
- Electric Power & Gas
- Category Detail
- Electric Power & Gas
- Prefecture
- Kagawa Prefecture
- Establishment Year
- May 1951
- Listing Year
- September 1952
- Official Website
- https://www.yonden.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Remixpoint, Tokyo Electric Power Holdings, Chubu Electric Power, Kansai Electric Power, Chugoku Electric Power, Hokuriku Electric, Tohoku Electric, Kyushu Electric, Hokkaido Electric Power, J-Power
Overview
Shikoku Electric Power is a regionally focused electric power company founded in 1951, combining thermal, nuclear, and renewable energy sources to boast the 9th largest electricity sales volume in Japan.
Current Situation
Shikoku Electric Power recorded consolidated net sales of 7,874 billion yen, operating income of 785 billion yen, and net income of 605 billion yen for the fiscal year ended March 2024, maintaining a stable financial base. In addition to power supply centered on the Shikoku region, it also conducts retail operations in the Kanto and Kinki areas. By restarting the Ikata Nuclear Power Plant, it is increasing the low-carbon energy ratio while promoting the expansion of renewable energy. Generation methods combine thermal, nuclear, hydro, solar, wind, and biomass power to achieve energy diversification. In 2020, it separated generation and transmission, spinning off the transmission and distribution division into a subsidiary. Emphasizing contributions to local communities and safety measures, it aims to establish a sustainable energy supply system. In recent years, alongside investments in renewable energy facilities, it has also addressed improvements in customer services and diversification of the electricity market.
Trivia
Interesting Facts
- Shikoku Electric Power boasts the 9th largest electricity sales volume among regional electric power companies in Japan.
- The mascot 'Akari-chan', introduced in 1973, is one of the oldest active mascots among electric power companies.
- The Ikata Nuclear Power Plant accounts for about 40% of Shikoku's electricity.
- To ensure stable power supply in Shikoku, it has developed transmission networks in collaboration with companies like Kansai Electric Power.
- Shikoku Electric Power once operated a free internet service provider.
Hidden Connections
- Shikoku Electric Power has deep ties with major regional banks and local governments, making significant contributions to the local economy.
- The establishment of the Ikata nuclear trouble training facility has drawn attention from other electric power companies for nuclear safety management.
- Shikoku Electric Power's renewable energy initiatives collaborate with local environmental groups.
- The former 'Akari Net' service considered web usage restrictions for children in the region.
Future Outlook
Growth Drivers
- Expansion and efficient operation of renewable energy facilities
- Continued safe operation of nuclear power for low-carbon electricity supply
- Promotion of advanced technologies like smart meters
- Strengthening of regionally focused services and response to diverse customer needs
- Support for decarbonization society through environmental policies
Strategic Goals
- Expansion of renewable energy ratio to over 50%
- Further enhancement of electricity supply safety and reliability
- Sustainable social contributions through collaboration with local economy
- Construction of smart grids through latest technology adoption
- Strengthening competitiveness by balancing environmental load reduction and cost efficiency
Business Segments
Power Plant Design and Construction
- Overview
- Handles design, construction, and maintenance of thermal, nuclear, and renewable energy power plants.
- Competitiveness
- Regionally rooted technical expertise and extensive track record
- Customers
-
- Government agencies
- Local governments
- Private power generators
- Factories and companies
- Products
-
- Power plant design services
- Transmission equipment construction
- Maintenance and inspection services
- Operation management systems
Transmission and Distribution System Management
- Overview
- Operates and maintains substations and distribution equipment through Shikoku Electric Power Transmission and Distribution subsidiary.
- Competitiveness
- Specialized technology in high- and extra-high-voltage transmission
- Customers
-
- Local governments
- Companies
- Factories
- Local communities
- Products
-
- Substation equipment maintenance
- Electricity distribution network management
- Equipment monitoring systems
- Emergency response services
Heat Supply and Energy-Saving Solutions
- Overview
- Designs and operates environmentally friendly heat supply systems and provides energy-saving support.
- Competitiveness
- Know-how in regional energy optimization
- Customers
-
- Public facilities
- Commercial facilities
- Factories
- Housing complexes
- Products
-
- Centralized heat supply systems
- Energy-saving diagnostics
- Energy management systems
- Heat recovery technology
Renewable Energy Development Support
- Overview
- Provides comprehensive support for introducing renewable energy in the region.
- Competitiveness
- Optimal proposals tailored to regional characteristics
- Customers
-
- Local governments
- Renewable energy operators
- Companies
- Forestry and agricultural entities
- Products
-
- Solar power system design
- Wind power equipment support
- Biomass fuel procurement support
- Environmental assessment consulting
Retail and Wholesale Electricity Support
- Overview
- Provides wholesale electricity supply and supply-demand management to retailers.
- Competitiveness
- Stable supply capacity and market collaboration
- Customers
-
- Independent power producers
- General retailers
- Corporate customers
- Public institutions
- Products
-
- Wholesale electricity procurement services
- Supply-demand management systems
- Rate plan design
- Customer service support
Telecommunications Services
- Overview
- Deploys high-speed communication services in the Shikoku region.
- Competitiveness
- Regionally rooted communication network
- Customers
-
- General consumers
- Companies
- Government offices
- Educational institutions
- Products
-
- Fiber optic communication services
- Network construction
- Internet connectivity services
- Support services
Electrical Equipment Maintenance
- Overview
- Ensures safe maintenance and operational support for electrical equipment in various facilities.
- Competitiveness
- Rapid response based on years of experience
- Customers
-
- Manufacturing industry
- Public infrastructure
- Commercial facilities
- Logistics facilities
- Products
-
- Maintenance and inspection services
- Equipment upgrade work
- Safety audits
- Fault response
Smart Grid-Related Business
- Overview
- Promotes provision and deployment of advanced power supply-demand management systems.
- Competitiveness
- Digitalization technology for regional power grids
- Customers
-
- Municipalities
- Electricity retailers
- Industry
- Research institutions
- Products
-
- Smart meter installation
- Demand management systems
- Renewable energy integration
- Energy management
Environmental and Safety Consulting
- Overview
- Conducts environmental and safety support operations related to electricity and energy.
- Competitiveness
- Integration of specialized technology and regional knowledge
- Customers
-
- Industry
- Government
- Public facilities
- Private operators
- Products
-
- Environmental impact assessments
- Safety management plan development
- Risk assessments
- Environmental audits
Education and Training Business
- Overview
- Conducts a wide range of education and training for the electricity industry and local communities.
- Competitiveness
- Advanced technical instruction and extensive network
- Customers
-
- Employees and engineers
- Municipal staff
- Companies
- Local residents
- Products
-
- Technical training programs
- Safety education
- Disaster prevention education for local residents
- Nuclear-related training
Fuel Procurement and Logistics
- Overview
- Supports stable supply through optimal fuel procurement and logistics management for power generation.
- Competitiveness
- Diverse fuel management capabilities and efficient logistics network
- Customers
-
- Own power plants
- Related companies
- Wholesalers
- Transporters
- Products
-
- LNG procurement
- Coal procurement
- Fuel transportation management
- Storage facility operations
Joint Development and International Cooperation
- Overview
- Advances technological innovation and equipment development in collaboration with domestic and international partners.
- Competitiveness
- Extensive network and technical capabilities
- Customers
-
- Other electric power companies
- Manufacturers
- Research institutions
- Government agencies
- Products
-
- Joint technical research
- Joint equipment development
- International technical exchange
- Energy-saving technology development
Competitive Advantage
Strengths
- Regional focus and stable electricity supply infrastructure
- Diverse generation portfolio including nuclear and renewables
- Strong local customer base and trust relationships
- Technically capable maintenance and operation of transmission/distribution equipment
- Efficient resource procurement and fuel management
Competitive Advantages
- Stable low-carbon electricity supply from nuclear plant restarts
- Customer services and regional collaboration tailored to Shikoku
- Risk diversification through diverse generation methods
- Maintained concentration of technology and know-how post-transmission/distribution separation
- Active promotion of renewable energy expansion
Threats
- Regulatory tightening and social backlash related to nuclear power
- Instability in renewable energy generation due to weather variability
- Increased competitors from electricity market liberalization
- Infrastructure damage risks from natural disasters
- Decline in trust from customer information management incidents
Innovations
2024: Kagawa Prefecture Biomass Power Plant Begins Operation
- Overview
- Newly started operations of a biomass power plant in Kagawa Prefecture, contributing to reduced environmental impact.
- Impact
- Contributes to realizing a low-carbon society in the region
2023: Establishment of Training Facility for Ikata Nuclear Plant Trouble Learning
- Overview
- Launched a training facility to study trouble cases from the Ikata Nuclear Plant, enhancing safety awareness.
- Impact
- Promotes advancement in nuclear safety management
2022: Promotion of Smart Meter Deployment
- Overview
- Accelerating smart meter rollout across the Shikoku region to promote efficient electricity usage.
- Impact
- Cost reduction effects from improved demand management
2021: Formulation of Renewable Energy Expansion Plan
- Overview
- Formulated specific plans for expanding solar and wind power, clarifying strengthened environmental measures.
- Impact
- Foundation building for low-carbon society realization
Sustainability
- Nuclear power plant safety enhancement measures
- Improvement of renewable energy generation ratio
- Expansion of biomass fuel utilization
- Deployment of customer energy-saving support services
- Collaborative environmental education activities with local communities