Komori
Occurring Fact9505Hokuriku Electric Power CompanyElectricity and gas

Outlook for the Restoration of Unit 2 at the Nanao-Ota Thermal Power Station

Nanao Ota Thermal Power Station Unit 2 was shut down after its main transformer was damaged, and restoration is now expected around spring 2027 following major repairs. The Company expects an impact of approximately ¥20 billion on its results for the fiscal year ending March 2027, mainly from the cost of procuring alternative power supplies during the shutdown.

Worth reading
45Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
200
Approximately ¥100 million
Wording
Avoiding a definitive answer
How definitive the wording is.

Overview and Outlook Regarding the Shutdown of Nanao Ota Thermal Power Station Unit 2

Subject Entity

Hokuriku Electric Power Company

Target Locations / Products

Nanao Ota Thermal Power Station Unit 2 (rated output: 700 MW)

Occurrence30 December 2025 (Tuesday)
Same day
Awareness or receipt of notice30 December 2025 (Tuesday) (the date on which an abnormality in the main transformer was detected during operation)
This disclosure04/28/2026
Cause

The transformer is believed to have suffered an insulation breakdown after a lightning strike entered the main transformer.

Company response

Suspended operations

Operation of Nanao Ota Thermal Power Station Unit 2 was suspended

Scheduled resumption date

Around spring 2027

Measures to prevent recurrence

The Company will implement necessary measures, including strengthening its lightning arresters.

Amount of Impact on Business Performance

Approximately ¥20 billion (mainly due to higher costs for procuring alternative power supplies)

Accounting period in which recognized

Fiscal 2026

Outlook

The Company will carry out major repairs, including replacing components inside the main transformer, with the aim of restoring the unit around spring 2027. The Company expects to secure the necessary supply capacity during the shutdown through operation of other thermal and hydroelectric power plants and market purchases. It will implement necessary measures, including strengthening its lightning arresters.

Planned follow-up disclosure

The Company will promptly disclose any matters that require disclosure in the future.

Event that occurred
ItemDetails
Event nameOverview and Outlook Regarding the Shutdown of Nanao Ota Thermal Power Station Unit 2
Date of occurrence30 December 2025 (Tuesday)
Date recognized / date notice received30 December 2025 (Tuesday) (the date on which an abnormality in the main transformer was detected during operation)
Subject EntityHokuriku Electric Power Company
Target Locations / ProductsNanao Ota Thermal Power Station Unit 2 (rated output: 700 MW)
CauseThe transformer is believed to have suffered an insulation breakdown after a lightning strike entered the main transformer.
Amount of Impact on Business PerformanceApproximately ¥20 billion (mainly due to higher costs for procuring alternative power supplies)
Accounting period in which recognizedFiscal 2026
Suspended operationsOperation of Nanao Ota Thermal Power Station Unit 2 was suspended
Scheduled resumption dateAround spring 2027
Measures to prevent recurrenceThe Company will implement necessary measures, including strengthening its lightning arresters.
OutlookThe Company will carry out major repairs, including replacing components inside the main transformer, with the aim of restoring the unit around spring 2027. The Company expects to secure the necessary supply capacity during the shutdown through operation of other thermal and hydroelectric power plants and market purchases. It will implement necessary measures, including strengthening its lightning arresters.
Planned follow-up disclosureThe Company will promptly disclose any matters that require disclosure in the future.
Items this document does not state (12)
Impact on Earnings ForecastType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionInvestigation structureDirectors' 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.

The damage to the main transformer is believed to have resulted from a lightning strike entering the transformer and causing an insulation breakdown. The impact on results is due mainly to higher costs for procuring alternative power supplies during the shutdown.

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.
Outlook for the Restoration of Unit 2 at the Nanao-Ota Thermal Power Station | Hokuriku Electric Power Company (9505) timely disclosure | Komori