#DOE

Issuance of Euro-Yen convertible bond-type bonds with stock acquisition rights due 2031 totaling 40 billion yen. Conversion price is 1,353.0 yen, potential stock dilution rate is 14.40%, issue date is 2026-03-02.

On February 12, 2026, Mizuho Securities and MHI announced the possibility of purchasing up to 8.27% of voting rights equivalent in Hokkaido Electric Power's 2031 maturity Euro Yen convertible bonds with warrants.

Hokkaido Electric Power will issue 40 billion yen in euro yen-denominated convertible bonds with stock acquisition rights due 2031, primarily to be allocated to gas business entry and next-generation energy investments.

For the third quarter of the fiscal year ending March 2026, net sales were 617.73 billion yen (4.4% decrease YoY), operating income was 79.157 billion yen (22.7% increase YoY), and net income attributable to owners of parent for the quarter was 48.822 billion yen (10.7% decrease YoY).

GMO Financial HD has introduced a DOE (consolidated dividend on equity) floor indicator of 10% and announced an annual dividend forecast of 42.08 yen for the fiscal year ending December 2026.

Hokkaido Electric Power aims to achieve carbon neutrality by 2050 and sustainable growth by promoting full-scale entry into the gas business centered on the Tomakomai area, installation of the next LNG power source, and decarbonization through next-generation energy.

Hokkai Denko K.K. has revised its consolidated full-year earnings guidance for the fiscal year ending March 2026 to net sales of 70,800 million yen (4.7% increase from previous forecast), operating income of 3,960 million yen (45.6% increase), and net income attributable to owners of parent of 2,810 million yen (44.8% increase).