Worth reading
84Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedROE0.0pt
基準 5Target5%
ROIC+1.0pt
基準 1.5Target2.5%
Each line is the climb from the baseline the document states to the target it sets. The slope is scaled against the largest climb in this document. For metrics expressed as percentages, differences are shown in percentage points (pt).
What happened to the previous planTargeted a consolidated equity ratio of 25% → Achieved a consolidated equity ratio of 25%0.0%Calculated from the two disclosed figures
Investment amount by sectorField CN-related investment / Amount ¥38.1 billion / Subject Shown in the chart, Field Investment / Amount Approximately ¥45 billion per year / Subject Shown in the chart for the Future Foundations Creation Phase
Statements about the use of capital
Payout ratio / DOE policyFrom fiscal 2026, the basic policy is to pay stable and continuous dividends and maintain a consolidated dividend-on-equity ratio (DOE) of 2.0% or higher.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Strengthen stable supply and profitability across each supply chain
02Reform business operations through AX
03Promote a just transition in the Okinawa area toward decarbonization
04Expand business domains in line with Okinawa's growth
05Securing Human Resources
06Highly proactive efficiency improvements
07Shift staffing resources
Plan assumptionsOkinawa Prefecture's nominal gross prefectural product is expected to increase from ¥4.9 trillion in 2024 to ¥11 trillion in 2050, A 3.2% growth rate is assumed for Okinawa Prefecture's nominal gross prefectural product, Electricity demand in the Okinawa region is expected to increase at a rate similar to the national average toward 2035, The electricity demand outlook is indexed to 100 in 2025, Use of clean fuels requires the development of supply chains and supporting facilities, Policy and financial support is required to develop and introduce next-generation technologies, Specific measures and targets will be reviewed as appropriate in light of external factors, including national energy policy, technological trends and fuel prices
Segment targetSegment Electricity business / Indicator Ordinary income / Value ¥4.8 billion / Timing Fiscal 2025 (current), Segment Group Businesses / Indicator Ordinary income / Value ¥4.5 billion / Timing Fiscal 2025 (current), Segment Core Business / Indicator Profit mix / Value 50％ / Timing 2050, Segment Growth Businesses / Indicator Profit mix / Value 50％ / Timing 2050
Non-financial targetsIndicator CO2 emissions reduction rate / Target 48% reduction from fiscal 2005 / Timing FY2040, Indicator Carbon Neutrality / Target Net-zero emissions / Timing 2050, Indicator Renewable energy deployment / Target An increase of 100,000 kW from 2019 / Timing Toward 2040, Indicator New power source at the Makiminato Thermal Power Plant / Target Commence operations / Timing During fiscal 2032
Size of the Target MarketNominal gross prefectural product: ¥4.9 trillion in 2024 and ¥11 trillion in 2050. Growth rate: 3.2%. Source: prepared based on the GW2050 PROJECTS Grand Design and GW2050 Growth Strategy (Action Plan).
Risks identified by the company
Responding to decarbonization
Aging facilities and equipment
Rising prices of equipment and materials, interest rates and other costs
Increasingly severe natural disasters
Preparing for a fully competitive environment
Growing uncertainty surrounding the business environment
Establishing necessary technologies while maintaining economic viability
Developing clean-fuel supply chains and supporting facilities
Policy and financial support required to develop and introduce next-generation technologies
Changes in external factors, including national energy policy, technological trends and fuel prices
| Item | Details |
|---|---|
| Plan name | Okinawa Electric Power Group Management Vision and Medium-Term Management Plan (Medium-Term Management Plan 2026-2030) |
| Plan period | Medium-Term Management Plan: fiscal 2026 to fiscal 2030; Management Vision: 2050 |
| Progress against the plan | Formulated |
| ROE target | 5.0 % → 5 or higher |
| ROIC target | 1.5 % → 2.5 or higher |
| Payout ratio / DOE policy | From fiscal 2026, the basic policy is to pay stable and continuous dividends and maintain a consolidated dividend-on-equity ratio (DOE) of 2.0% or higher. |
| Investment amount by sector | Field CN-related investment / Amount ¥38.1 billion / Subject Shown in the chart, Field Investment / Amount Approximately ¥45 billion per year / Subject Shown in the chart for the Future Foundations Creation Phase |
| Segment target | Segment Electricity business / Indicator Ordinary income / Value ¥4.8 billion / Timing Fiscal 2025 (current), Segment Group Businesses / Indicator Ordinary income / Value ¥4.5 billion / Timing Fiscal 2025 (current), Segment Core Business / Indicator Profit mix / Value 50％ / Timing 2050, Segment Growth Businesses / Indicator Profit mix / Value 50％ / Timing 2050 |
| Non-financial targets | Indicator CO2 emissions reduction rate / Target 48% reduction from fiscal 2005 / Timing FY2040, Indicator Carbon Neutrality / Target Net-zero emissions / Timing 2050, Indicator Renewable energy deployment / Target An increase of 100,000 kW from 2019 / Timing Toward 2040, Indicator New power source at the Makiminato Thermal Power Plant / Target Commence operations / Timing During fiscal 2032 |
| Plan assumptions | Okinawa Prefecture's nominal gross prefectural product is expected to increase from ¥4.9 trillion in 2024 to ¥11 trillion in 2050, A 3.2% growth rate is assumed for Okinawa Prefecture's nominal gross prefectural product, Electricity demand in the Okinawa region is expected to increase at a rate similar to the national average toward 2035, The electricity demand outlook is indexed to 100 in 2025, Use of clean fuels requires the development of supply chains and supporting facilities, Policy and financial support is required to develop and introduce next-generation technologies, Specific measures and targets will be reviewed as appropriate in light of external factors, including national energy policy, technological trends and fuel prices |
| Key initiatives | Strengthen stable supply and profitability across each supply chain, Reform business operations through AX, Promote a just transition in the Okinawa area toward decarbonization, Expand business domains in line with Okinawa's growth, Securing Human Resources, Highly proactive efficiency improvements, Shift staffing resources |
| Results under the previous plan | Targeted a consolidated equity ratio of 25% → Achieved a consolidated equity ratio of 25% |
| Size of the Target Market | Nominal gross prefectural product: ¥4.9 trillion in 2024 and ¥11 trillion in 2050. Growth rate: 3.2%. Source: prepared based on the GW2050 PROJECTS Grand Design and GW2050 Growth Strategy (Action Plan). |
| Risks identified | Responding to decarbonization, Aging facilities and equipment, Rising prices of equipment and materials, interest rates and other costs, Increasingly severe natural disasters, Preparing for a fully competitive environment, Growing uncertainty surrounding the business environment, Establishing necessary technologies while maintaining economic viability, Developing clean-fuel supply chains and supporting facilities, Policy and financial support required to develop and introduce next-generation technologies, Changes in external factors, including national energy policy, technological trends and fuel prices |
| Publication date | 31 July 2026 |
Items this document does not state (10)
Sales TargetOperating profit targetOperating profit margin targetNet income targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planReason for revision or withdrawalDate of board resolution
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Group states that it has set financial targets for fiscal 2030 and fiscal 2035 in order to achieve sustainable growth while improving capital efficiency and strengthening its business foundations.
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