Hokkaido Electric Power Company, Incorporated

9509.T
Utilities - Renewable
2026/10/09 12:26 Updated
Market Cap: $1.4B (¥225.9B)
Stock Price: $6.96 (¥1,100)
Exchange Rate: 1 USD = ¥157.98

Overview of Seawall Installation Work at Tomari Power Plant (Construction Cost Revised to 125.5 billion yen)

For the seawall installation work at the Tomari Power Plant, the construction cost has been finalized at 125.5 billion yen following the determination of the completion date. The work targets completion in August 2027 and will adopt a rock-anchored support structure. There are no changes other than the previously reported completion date and cost.

Importance:
Page Updated: October 9, 2026
IR Disclosure Date: October 9, 2026

Key Figures

  • Construction cost: 125.5 billion yen
  • Completion date: August 2027
  • Structure: Rock-anchored support structure

AI要約

Key Points of the News Release

Hokkaido Electric Power Company, Incorporated has determined the completion date for the seawall installation work at the Tomari Power Plant as August 2027 and has newly set the construction cost at 125.5 billion yen. Based on prior deliberations and review results, a rock-anchored support structure with high safety was selected, and construction will proceed aiming to shorten the schedule while commencing work. There are no changes other than the construction cost, and safety will remain the top priority going forward.

Impact and Outlook

This matter only updates the construction cost and completion date, and the direct impact on financial performance items is undetermined. There is a possibility of delays to the completion date, but efforts will be made to achieve early completion through planned schedule shortening. The company will promptly disclose any changes that should be reported.

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

Hokkaido Electric Power Company, Incorporated

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