{"id":107312,"date":"2026-08-26T16:10:33","date_gmt":"2026-08-26T07:10:33","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/3133-20260826-01_wp_disclosure_update\/"},"modified":"2026-08-26T16:10:33","modified_gmt":"2026-08-26T07:10:33","slug":"3133-20260826-01_wp_disclosure_update","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-3133\/ir\/3133-20260826-01_wp_disclosure_update\/","title":{"rendered":"\uff08Disclosure Item Change\uff09Notice on changes to the progress of Nepal hydropower project by consolidated subsidiaries and the expected monetization timing"},"content":{"rendered":"<p>Revised monetization timing due to delays in financing for the Nepal hydropower project; adjusted the expected completion of Phase 1. Further disclosures will be made as financing progress warrants. Assumed to be approved at an extraordinary board meeting, and impact on the consolidated results for the year ending September 2027 is being examined.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3133","jir_company_name":"\u6d77\u5e06","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-08-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/3133-20260826-01.pdf","jir_short_summary":"Revised monetization timing due to delays in financing for the Nepal hydropower project; adjusted the expected completion of Phase 1. Further disclosures will be made as financing progress warrants. Assumed to be approved at an extraordinary board meeting, and impact on the consolidated results for the year ending September 2027 is being examined.","jir_summary":"### Background and key points of change\nThis project is the Nepal hydropower project advanced through a consolidated subsidiary, and the monetization timing was published with the assumption of financing completion by September 2026. However, based on current financing progress, it has been determined that financing by September is difficult, and the completion schedule for Phase 1 at each power plant has been changed. Phases 2 and 3 remain unchanged. We will promptly disclose as financing timing\/methods are confirmed or if assumptions change.\n\n### Outlook and impact going forward\nFinancing is being negotiated through multiple methods. The revised schedule reflects the minimum timeline assuming financing is completed by November 2026. The impact on the consolidated results for the year ending September 2027 is under review, and any additional information will be disclosed as available. If approval is not obtained at the Extraordinary General Meeting scheduled in September 2026, there is a risk of adopting the usual year-end closing approach; please note this.","jir_financial_highlights":"Planned completion (Phase 1): November 2026 \u2192 January 2027 (adjusted for each power plant) (Changed to)\nPlanned completion (Phase 2\/3): No change\nMonetization timing assuming financing completed: Expected to be completed by September 2026 \u2192 Recognition of difficult conditions as of September 2026 (Revised)","jir_category":"","jir_hashtags":"#Kaihou, #DisclosureItem, #NepalHydropower, #IRInformationOtherThanCapitalPolicy","jir_key_figures":"Planned completion change (Phase 1): November 2026 \u2192 January 2027, 5.5MW\/8.3MW\/9.1MW\/13.7MW at each plant\nMonetization timing assuming financing completed: by September 2026 \u2192 currently difficult situation\nExtraordinary General Meeting: to be held in September 2026 (approval assumed)","jir_meta_title":"Kaihou: Nepal Hydropower Progress and Monetization Timing Change | Outlook September 2026","jir_meta_description":"Kaihou announces progress of its consolidated subsidiary's Nepal hydropower project and revision of monetization timing. Phase 1 completion date changes; further disclosures will follow depending on financing progress. Based on Extraordinary Board approval.","jir_og_title":"Kaihou: Nepal Hydropower Progress and Monetization Timing Change | Outlook September 2026","jir_og_description":"Kaihou announces revised monetization timing due to financing delays for the Nepal hydropower project. Phase 1 completion date changes; additional disclosures to follow as financing progresses.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57441,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-107312","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\uff08Disclosure Item Change\uff09Notice on changes to the progress of Nepal hydropower project by consolidated subsidiaries and the expected monetization timing - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-3133\/ir\/3133-20260826-01_wp_disclosure_update\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-3133\/ir\/3133-20260826-01_wp_disclosure_update\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-3133\/ir\/3133-20260826-01_wp_disclosure_update\/\",\"name\":\"\uff08Disclosure Item Change\uff09Notice on changes to the progress of Nepal hydropower project by consolidated subsidiaries and the expected monetization timing - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-08-26T07:10:33+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-3133\/ir\/3133-20260826-01_wp_disclosure_update\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-3133\/ir\/3133-20260826-01_wp_disclosure_update\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-3133\/ir\/3133-20260826-01_wp_disclosure_update\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"\uff08Disclosure Item Change\uff09Notice on changes to the progress of Nepal hydropower project by consolidated subsidiaries and the expected monetization timing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\uff08Disclosure Item Change\uff09Notice on changes to the progress of Nepal hydropower project by consolidated subsidiaries and the expected monetization timing - Japan IR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/japanir.jp\/en\/company\/company-3133\/ir\/3133-20260826-01_wp_disclosure_update\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/japanir.jp\/en\/company\/company-3133\/ir\/3133-20260826-01_wp_disclosure_update\/","url":"https:\/\/japanir.jp\/en\/company\/company-3133\/ir\/3133-20260826-01_wp_disclosure_update\/","name":"\uff08Disclosure Item Change\uff09Notice on changes to the progress of Nepal hydropower project by consolidated subsidiaries and the expected monetization timing - Japan IR","isPartOf":{"@id":"https:\/\/japanir.jp\/en\/#website"},"datePublished":"2026-08-26T07:10:33+00:00","breadcrumb":{"@id":"https:\/\/japanir.jp\/en\/company\/company-3133\/ir\/3133-20260826-01_wp_disclosure_update\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/japanir.jp\/en\/company\/company-3133\/ir\/3133-20260826-01_wp_disclosure_update\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/japanir.jp\/en\/company\/company-3133\/ir\/3133-20260826-01_wp_disclosure_update\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/japanir.jp\/en\/"},{"@type":"ListItem","position":2,"name":"\uff08Disclosure Item Change\uff09Notice on changes to the progress of Nepal hydropower project by consolidated subsidiaries and the expected monetization timing"}]},{"@type":"WebSite","@id":"https:\/\/japanir.jp\/en\/#website","url":"https:\/\/japanir.jp\/en\/","name":"Japan IR","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/japanir.jp\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"related_company_data":{"id":"57441","title":"KAIHAN CO LTD","ticker":"3133"},"_links":{"self":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/107312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release"}],"about":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/types\/ir_release"}],"replies":[{"embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/comments?post=107312"}],"version-history":[{"count":0,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/107312\/revisions"}],"wp:attachment":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/media?parent=107312"}],"wp:term":[{"taxonomy":"sector","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/sector?post=107312"},{"taxonomy":"importance","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/importance?post=107312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}