Tokyo Electric Power Company Holdings, Incorporated
Notice Regarding Recording of Special Profit Due to Gain on Sale of Affiliate Shares (Progress Report)
Tokyo Electric Power Grid, Incorporated sold 5,188,900 common shares of Kandenko Co., Ltd. for 28.8 billion yen and plans to record approximately 11 billion yen in special profit in the fiscal year ending March 2026.
Key Figures
- Gain on Sale of Affiliate Shares: Approx. 11 billion yen (estimated)
- Number of Shares Sold: 5,188,900 shares
- Total Sale Amount: 28.8 billion yen (5,563 yen per share)
AI要約
Regarding Occurrence of Gain on Sale of Affiliate Shares
Tokyo Electric Power Grid, Incorporated, a consolidated subsidiary of Tokyo Electric Power Company Holdings, Incorporated, sold 5,188,900 common shares of Kandenko Co., Ltd. on January 30, 2026, via the Tokyo Stock Exchange’s off-auction own share buyback transaction (ToSTNeT-3). The total sale amount was 28.8 billion yen, and as a result, approximately 11 billion yen in gain on sale of affiliate shares will be recorded as special profit in the consolidated financial results for the full fiscal year ending March 2026.
Future Outlook and Changes in Number of Shares Offered
Following this sale, the number of shares offered by TEPCO Power Grid in the offering of Kandenko Co., Ltd. shares announced on January 29, 2026, will decrease to approximately 21 million shares. The offering price is scheduled to be determined between February 16 and 19, 2026, and if there is any impact on earnings after the sale price is set, it will be promptly disclosed. Please refer to the notice titled “Notice Regarding Change in Number of Shares Offered” dated the same day for details.
