Chubu Electric Power’s loss of parent-company status and reclassification as an affiliate
First written in FY2025-H1. 1 of 2 entries say "Restated". Latest entry: 2026-05-29.
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- 2026-05-29RestatedGovernance
「The Company is an affiliate and equity-method affiliate of Chubu Electric Power Company,Incorporated, which belongs to the Chubu Electric Power Group, centered on Chubu Electric Power Company,Incorporated.」
The disclosure confirms that, even after the parent-subsidiary relationship with Chubu Electric Power Company,Incorporated ended, the Company continues to be positioned as its affiliate and an equity-method affiliate. It also describes transactions with companies in the Chubu Electric Power Group, the sales ratio and the Company’s independence. - FY2025-H1First statedAnnual report
「Chubu Electric Power Company,Incorporated, which had been the Company's parent company, ceased to qualify as the Company's parent company as of 16 July 2024 after selling part of its holdings of the Company's common stock, and newly qualified as another affiliated company of the Company. The Company changed from a consolidated subsidiary of Chubu Electric Power Company,Incorporated to an affiliated company, but there was no change in the business relationship between the two companies.」
Following Chubu Electric Power Company,Incorporated's sale of shares, the parent-subsidiary relationship with the Company ended as of 16 July 2024, and Chubu Electric Power Company,Incorporated became another affiliated company. The Company changed from a consolidated subsidiary to an affiliated company, but the business relationship remained unchanged.