Hokkaido Electric Power Co Inc - Company Profile
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Hokkaido Electric Power Co Inc (HEPCO) is engaged in power generation and retail electricity businesses. The company provides electricity generation, transmission, and distribution services, along with retail electricity solutions. The company major services include electricity supply, liquefied natural gas (LNG) supply, and energy service provider (ESP) offerings. The company is associated with brands such as Hokuden Gas and Hokuden Hikari. The company's services serve both corporate and individual customers, facilitating applications like electricity charge information and contract management services. Hokuden primarily serves the Hokkaido region, focusing on stable energy supply and renewable energy integration. HEPCO is headquartered in Sapporo, Hokkaido, Japan.
Hokkaido Electric Power Co Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Product: | Power Transmission and Distribution |
| Electricity | Consulting |
| Telecommunication Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In October, the company and Tohoku Electric Power Company acquired a stake in the Ishikari Bay New Port Offshore Wind Farm. |
| 2025 | Contracts/Agreements | In March, the company and Mitsubishi Corporation formed a joint venture, Hokkaido Renewable Energy Aggregation Co., Ltd., to provide renewable energy aggregation services in Hokkaido. |
| 2025 | Contracts/Agreements | In December, the company partnered with Mitsui Fudosan to expand renewable energy through mega solar development. |
Competitor Comparison
| Key Parameters | Hokkaido Electric Power Co Inc | The Kansai Electric Power Co Inc | Chubu Electric Power Co Inc | The Chugoku Electric Power Co Inc | Electric Power Development Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Japan | Japan | Japan |
| City | Sapporo-Shi | Osaka | Nagoya | Hiroshima | Chuo-Ku |
| State/Province | Hokkaido | Osaka | Aichi | Hiroshima | Tokyo |
| No. of Employees | 9,165 | 31,428 | 22,566 | 12,526 | 7,127 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Yutaka Fujii | Chairman | Executive Board | - | 70 |
| Susumu Saito | Chief Executive Officer; Director; President | Executive Board | - | 65 |
| Masahiro Ueno | Director; Executive Vice President | Executive Board | - | 66 |
| Akito Niinuma | Director; Managing Executive Officer | Executive Board | 2025 | 65 |
| Kazuhiko Katsumi | Director; Managing Executive Officer | Executive Board | 2023 | 63 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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