Electric Power Development (9513) · InitiativeAchieved
Strengthening the Agility and Governance of the Retail Business by Integrating Power Generation and Sales Functions
First written in FY2022-Q3. 1 of 2 entries say "Achieved", first in FY2022. Latest entry: FY2022.
2entries
1years
0from disclosures
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Same theme, other companies
Strengthening retail business operations through the integration of generation and sales functionsA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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Full recordFilings, disclosures and news, newest first
- FY2022AchievedAnnual report
「The Company has entered into a merger agreement under which JPST will be absorbed by the Company, with 1 December 2021 as the effective date.」
J-POWERサプライアンドトレーディング was absorbed on 1 December 2021, and the Company transitioned to a structure under which it directly handles sales to electricity retailers. The objectives are to strengthen coordination between the power generation and retail functions, agility and governance. - FY2022-Q3First statedAnnual report
「Date of business combination 1 December 2021 The purpose is to strengthen coordination between power generation and retail functions, improve agility and strengthen governance by having the Company absorb JPST and directly conduct the retail business.」
On 1 December 2021, the Company absorbed ㈱J-POWERサプライアンドトレーディング, which handled electricity procurement and retail, and for the first time disclosed a measure to integrate the power generation and retail functions. The objectives are to address funding shortages when JEPX prices surge and to strengthen agility and governance.