Hokuriku Electric Power Company

9505.T
Utilities - Regulated Electric
2026/04/03 Updated
Market Cap: $1.5B (¥232.0B)
Stock Price: $6.96 (¥1,111)
Exchange Rate: 1 USD = ¥159.49

Notice Regarding the Decommissioning of Fukui Thermal Power Plant Mikuni Unit 1

Hokuriku Electric Power Company will decommission Fukui Thermal Power Plant Mikuni Unit 1 (250,000 kW) by March 31, 2028, and plans to record a special loss of approximately 8.5 billion yen in the fourth quarter of the fiscal year ending March 2026.

Importance:
Page Updated: March 24, 2026
IR Disclosure Date: March 24, 2026

Key Figures

  • Scheduled Decommissioning Date: By March 31, 2028
  • Rated Output: 250,000 kW
  • Estimated Special Loss: Approximately 8.5 billion yen (to be recorded in 4Q of fiscal year ending March 2026)

AI要約

Overview of Decommissioning

Hokuriku Electric Power Company has resolved at its Board of Directors meeting to decommission Fukui Thermal Power Plant Mikuni Unit 1 (started operations in 1978, rated output 250,000 kW, fuel is heavy oil) by March 31, 2028. The decision was made as long-term operation became difficult due to aging and deterioration in fuel procurement conditions, after comprehensively evaluating the maintenance of supply capacity, supply-demand trends, and environmental impact.

Financial Impact and Future Outlook

As a result of the decommissioning, a special loss related to impairment of fixed assets will be recorded as a thermal power plant decommissioning loss in the fourth quarter of the fiscal year ending March 2026, with an estimated amount of approximately 8.5 billion yen. The impact on earnings guidance is disclosed separately in the "Notice Regarding Revision of Earnings Guidance", and further details are unknown.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.