{"id":28587,"date":"2026-02-13T08:04:16","date_gmt":"2026-02-12T23:04:16","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/9509-20260213-01_wp_capital_policy\/"},"modified":"2026-02-13T08:04:16","modified_gmt":"2026-02-12T23:04:16","slug":"9509-20260213-01_wp_capital_policy","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-9509\/ir\/9509-20260213-01_wp_capital_policy\/","title":{"rendered":"Notice Regarding the Determination of Terms for the Euro-Yen Convertible Bond-Type Bond with Stock Acquisition Rights Due 2031"},"content":{"rendered":"<p>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.<\/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":"9509","jir_company_name":"Hokkaido Electric Power Company, Incorporated","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/9509-20260213-01.pdf","jir_short_summary":"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.","jir_summary":"### Overview of Capital Policy\nHokkaido Electric Power Company, Incorporated resolved at the Board of Directors meeting on 2026-02-12 to issue Euro-Yen convertible bond-type bonds with stock acquisition rights due 2031 totaling 40 billion yen. The conversion price is set at 1,353.0 yen, with an issue date of 2026-03-02. The exercise period for the stock acquisition rights is from 2026-03-16 to 2031-02-17, and the maturity date is 2031-03-03. The issuance terms were set at an approximately 23.96% upside relative to the closing stock price of 1,091.5 yen.\n\n### Impact on Shareholders and Future Outlook\nAs a result of this issuance, the dilution rate due to potential shares is expected to be 14.40%. The exercise of stock acquisition rights may increase the number of shares outstanding, potentially affecting shareholders\u2019 ownership ratios. It should also be noted that this bond will not be offered or sold domestically or internationally, and there will be no offering or sales in the United States. Close attention should be paid to future capital policies and market trends.","jir_financial_highlights":"Total Bond Amount: 40 billion yen (Unknown)\nConversion Price: 1,353.0 yen (Unknown)\nStock Price (Closing): 1,091.5 yen (Unknown)\nUpside Rate: 23.96% (Unknown)\nDilution Rate Due to Potential Shares: 14.40% (Unknown)\nExercise Period of Stock Acquisition Rights: 2026-03-16 to 2031-02-17 (Unknown)\nMaturity Date: 2031-03-03 (Unknown)","jir_category":"","jir_hashtags":"#HokkaidoElectricPower, #CapitalPolicy, #ConvertibleBond","jir_key_figures":"Total Bond Amount: 40 billion yen (Convertible bond-type bonds with stock acquisition rights)\nConversion Price: 1,353.0 yen\nDilution Rate Due to Potential Shares: 14.40%","jir_meta_title":"Hokkaido Electric Power to Issue 40 Billion Yen Euro-Yen Convertible Bond-Type Bonds with Stock Acquisition Rights Due 2031","jir_meta_description":"Hokkaido Electric Power Company, Incorporated to issue Euro-Yen convertible bond-type bonds with stock acquisition rights due 2031 totaling 40 billion yen. Conversion price at 1,353.0 yen, potential stock dilution rate at 14.40%. Issue date: 2026-03-02.","jir_og_title":"Hokkaido Electric Power Decides to Issue Convertible Bonds Due 2031","jir_og_description":"Hokkaido Electric Power to issue Euro-Yen convertible bond-type bonds with stock acquisition rights amounting to 40 billion yen due 2031. Conversion price set at 1,353.0 yen, dilution rate at 14.40%.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8896,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-28587","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>Notice Regarding the Determination of Terms for the Euro-Yen Convertible Bond-Type Bond with Stock Acquisition Rights Due 2031 - 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-9509\/ir\/9509-20260213-01_wp_capital_policy\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9509\/ir\/9509-20260213-01_wp_capital_policy\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9509\/ir\/9509-20260213-01_wp_capital_policy\/\",\"name\":\"Notice Regarding the Determination of Terms for the Euro-Yen Convertible Bond-Type Bond with Stock Acquisition Rights Due 2031 - 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