Chubu Electric Power’s consolidated subsidiary, Miraise EneChange, filed for civil rehabilitation due to deteriorating revenues from EV charging business, with total liabilities of approximately 4,745 million yen. The company plans to reconstruct its business with sponsor support moving forward.<\/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":"9502","jir_company_name":"Chubu Electric Power Company, Incorporated","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-05-19","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/9502-20260519-01.pdf","jir_short_summary":"Chubu Electric Power's consolidated subsidiary, Miraise EneChange, filed for civil rehabilitation due to deteriorating revenues from EV charging business, with total liabilities of approximately 4,745 million yen. The company plans to reconstruct its business with sponsor support moving forward.","jir_summary":"### Performance Overview\nConsolidated subsidiary Miraise EneChange aimed to expand its EV charging business; however, delays in EV adoption and low charger utilization rates made revenue generation difficult. Total liabilities reached approximately 4,745 million yen, making repayment beyond May 20, 2026, difficult. As a result, the company filed for civil rehabilitation with the Tokyo District Court. Moving forward, the company plans to reconstruct its business with sponsor support, with funding assistance also scheduled.\n\n### Future Outlook and Impact\nMiraise EneChange, under the rehabilitation process, intends to continue its business and rebuild, with plans to solicit sponsor candidates. Asset valuations of the consolidated subsidiary and recording of extraordinary losses are also underway, with potential impacts on future performance being carefully examined. The possibility of business recovery depends on progress in funding support and sponsor selection.","jir_financial_highlights":"Total liabilities: Approximately 4,745 million yen (Unknown)\nNet assets of Miraise EneChange Corporation: \u25b31,004 million yen (Significant decrease YoY)\nNet assets of ENCHANGE EV Lab Corporation: 160 million yen (Increase YoY)","jir_category":"","jir_hashtags":"#ChubuElectricPower, #IRType:financial_summary, #JapaneseStocks","jir_key_figures":"Total liabilities: approximately 4,745 million yen\nNet assets of Miraise EneChange Corporation: \u25b31,004 million yen\nNet assets of ENCHANGE EV Lab Corporation: 160 million yen","jir_meta_title":"[Chubu Electric Power] Subsidiary Files for Civil Rehabilitation\uff5cMay 2026","jir_meta_description":"Chubu Electric Power's consolidated subsidiary Miraise EneChange filed for civil rehabilitation due to deteriorating revenues from EV charging business. Liabilities approximately 4,745 million yen; overview of future reconstruction plans.","jir_og_title":"[Chubu Electric Power] Subsidiary Files for Civil Rehabilitation\uff5cMay 2026","jir_og_description":"A subsidiary of Chubu Electric Power filed for civil rehabilitation due to revenue decline in EV charging business. Outlines future reconstruction plans and potential impacts.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7410,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-53000","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n