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 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Company","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/9505-20260324-01.pdf","jir_short_summary":"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.","jir_summary":"### Overview of Decommissioning\nHokuriku 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.\n\n### Financial Impact and Future Outlook\nAs 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.","jir_financial_highlights":"Scheduled Decommissioning Date: By March 31, 2028 (Unknown)\nRated Output: 250,000 kW (Unknown)\nEstimated Special Loss: Approximately 8.5 billion yen (Unknown)","jir_category":"","jir_hashtags":"#HokurikuElectricPowerCompany, #GeneralIR, #JapaneseStocks","jir_key_figures":"Scheduled Decommissioning Date: By March 31, 2028\nRated Output: 250,000 kW\nEstimated Special Loss: Approximately 8.5 billion yen (to be recorded in 4Q of fiscal year ending March 2026)","jir_meta_title":"Hokuriku Electric Power to Decommission Fukui Thermal Power Plant Mikuni Unit 1 by March 2028, Plans Special Loss of 8.5 Billion Yen","jir_meta_description":"Hokuriku Electric Power Company will decommission Fukui Thermal Power Plant Mikuni Unit 1 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, due to equipment aging and worsening fuel procurement conditions.","jir_og_title":"Hokuriku Electric Power Decides to Decommission Fukui Thermal Power Plant Mikuni Unit 1, Anticipates Special Loss of 8.5 Billion Yen","jir_og_description":"Hokuriku Electric Power Company will decommission Fukui Thermal Power Plant Mikuni Unit 1 by March 2028 and plans to record a special loss of 8.5 billion yen in the fiscal year ending March 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8952,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-36063","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n