Source disclosure: February 16, 2026
Tokyo Electric Power Company Holdings,Incorporated [9501.T]
TOKYO, Feb 16 (Pulse News Wire) – Tokyo Electric Power Company Holdings,incorporated (9501.T) announced today that its subsidiary, Tokyo Electric Power Grid Co., Ltd., has finalized the sale price for part of its shares in Kandenko Corporation, leading to expected special gains in the fiscal year ending March 2026. Under the agreement disclosed on January 29, Tokyo Electric Power Grid decided to sell some of its ordinary shares in Kandenko.
The total number of shares sold amounts to 18,259,400 shares, generating a gross sales amount of ¥106.7 billion (¥5,844 per share). As a result, the company anticipates recognizing related company stock sale benefits of ¥80.00 billion (estimated) in its consolidated financial statements for the fiscal year ending March 2026.
Additionally, the company noted that separate from this transaction, it had previously recognized a gain of ¥11.00 billion (estimated) due to the sale of Kandenko shares triggered by Kandenko's own share repurchase on February 2, 2026. However, the anticipated benefit does not yet include potential additional gains from over-allotment options granted to Nomura Securities Co., Ltd., which will be reported once the rights are exercised and the proceeds are realized.
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