Announces the start of Kanagawa Electric Power’s new hotel business and photovoltaic power generation project scheduled to begin in August 2026, promoting revenue diversification and environmental initiatives. The hotels will be developed in Atami City and Ito City, Shizuoka Prefecture, with an investment estimated at approximately \u00a51,100 million.<\/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":"6428","jir_company_name":"Ohizumi","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-07-22","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/6428-20260722-01.pdf","jir_short_summary":"Announces the start of Kanagawa Electric Power's new hotel business and photovoltaic power generation project scheduled to begin in August 2026, promoting revenue diversification and environmental initiatives. The hotels will be developed in Atami City and Ito City, Shizuoka Prefecture, with an investment estimated at approximately \u00a51,100 million.","jir_summary":"### Overview of Business Performance\nThe document primarily contains information about the initiation of new businesses rather than financial results. Kanagawa Electric Power plans to start its hotel business in Atami City and Ito City, Shizuoka Prefecture, in August 2026, and also promotes a power generation project utilizing solar power. The investment is estimated at approximately \u00a51,100 million. By leveraging regional characteristics to develop stay-type hotels and introducing renewable energy, the company aims to diversify its revenue streams and enhance environmental responsiveness. The impact on future performance is under review, and adjustments or additional disclosures will be made as necessary.\n\n### Future Outlook\nThe new hotel business is scheduled to commence in August 2026, with an investment of approximately \u00a51,100 million. Details of the project and its impact on earnings are still being examined, and the impact on the results for the fiscal year ending March 2027 remains undetermined. The company intends to promptly provide investors with information as forecasts and important disclosures become available. It is committed to promoting environmental initiatives and revenue diversification based on regional characteristics, aiming for long-term growth.","jir_financial_highlights":"Investment amount: Approximately \u00a51,100 million (Unknown)","jir_category":"","jir_hashtags":"#KanagawaElectricPower, #FinancialResults, #JapanStocks","jir_key_figures":"Investment amount: approximately \u00a51,100 million\nHotel locations: Atami City and Ito City, Shizuoka Prefecture\nNumber of hotel rooms: Atami Yum no Yado 14 rooms, Ito Yum no Yado 6 rooms","jir_meta_title":"[Kanagawa Electric Power] New Hotel Business and Solar Power Generation Start\uff5cAugust 2026","jir_meta_description":"Kanagawa Electric Power plans to start hotel operations in Atami City and Ito City, Shizuoka Prefecture, in August 2026, investing approximately \u00a51,100 million. This reflects efforts to diversify revenue and promote environmental initiatives.","jir_og_title":"[Kanagawa Electric Power] New Hotel and Power Generation Business\uff5cStart in August 2026","jir_og_description":"Kanagawa Electric Power will launch its hotel business in Shizuoka Prefecture in August 2026, with an investment of about \u00a51,100 million. The company promotes long-term growth and environmental responsiveness.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59379,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-86644","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n