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Occurring Fact9501Tokyo Electric Power Company Holdings,IncorporatedElectricity and gas

Notice Regarding Recognition of Extraordinary Gain from Gain on Sale of Shares in an Affiliated Company (Progress Report 3)

The additional acquisition right granted to Nomura Securities Co., Ltd. in respect of KANDENKO CO.,LTD. shares held by 東京電力パワーグリッド株式会社 was exercised. As a result, the Company expects to recognize an approximately ¥12 billion gain on sale of shares as an extraordinary gain for the fiscal year ending March 2026.

Worth reading
45Recurring
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Direction
Improvement
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Scale
120
¥100 million (approx.)
Wording
Conditional
How definitive the wording is.

Recognition of Extraordinary Gain from Gain on Sale of Shares in an Affiliated Company

Subject Entity

東京電力パワーグリッド株式会社 (a consolidated subsidiary of Tokyo Electric Power Company Holdings,Incorporated)

Target Locations / Products

Common shares of KANDENKO CO.,LTD.

Occurrence19 March 2026 (the right was exercised on the same date)
This disclosure03/19/2026
Cause

The right granted to Nomura Securities Co., Ltd. to additionally acquire common shares of KANDENKO CO.,LTD. was exercised.

Amount of Impact on Business Performance

¥12 billion gain on sale of shares in an affiliated company (approx.), scheduled to be recognized as an extraordinary gain

Accounting period in which recognized

The consolidated financial results for the fiscal year ending March 2026

Impact on Earnings Forecast

No revision to the earnings forecasts has been made at this time.

Outlook

The Company plans to recognize an approximately ¥12 billion gain on sale of shares in an affiliated company as an extraordinary gain in its consolidated financial results for the fiscal year ending March 2026. Any matters requiring disclosure will be disclosed promptly if they arise.

Event that occurred
ItemDetails
Event nameRecognition of Extraordinary Gain from Gain on Sale of Shares in an Affiliated Company
Date of occurrence19 March 2026 (the right was exercised on the same date)
Subject Entity東京電力パワーグリッド株式会社 (a consolidated subsidiary of Tokyo Electric Power Company Holdings,Incorporated)
Target Locations / ProductsCommon shares of KANDENKO CO.,LTD.
CauseThe right granted to Nomura Securities Co., Ltd. to additionally acquire common shares of KANDENKO CO.,LTD. was exercised.
Amount of Impact on Business Performance¥12 billion gain on sale of shares in an affiliated company (approx.), scheduled to be recognized as an extraordinary gain
Accounting period in which recognizedThe consolidated financial results for the fiscal year ending March 2026
Impact on Earnings ForecastNo revision to the earnings forecasts has been made at this time.
OutlookThe Company plans to recognize an approximately ¥12 billion gain on sale of shares in an affiliated company as an extraordinary gain in its consolidated financial results for the fiscal year ending March 2026. Any matters requiring disclosure will be disclosed promptly if they arise.
Planned follow-up disclosureAny matters requiring disclosure will be disclosed promptly if they arise.
Items this document does not state (15)
Date recognized / date notice receivedType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the change

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Because the additional acquisition right for KANDENKO CO.,LTD. shares was exercised.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Recognition of Extraordinary Gain from Gain on Sale of Shares in an Affiliated Company (Progress Report 3) | Tokyo Electric Power Company Holdings,Incorporated (9501) timely disclosure | Komori