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Electric Power Development Announces CEO Resignation and Leadership Transition

Story Highlights
  • Electric Power Development’s CEO Hitoshi Kanno will step down for health reasons.
  • Director Hideaki Kato, a longtime insider, will assume the president and CEO roles in April 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Electric Power Development Announces CEO Resignation and Leadership Transition

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Electric Power Development Co ( (JP:9513) ) has issued an announcement.

Electric Power Development Co., Ltd. announced that President and CEO Hitoshi Kanno will resign from his roles as representative director, president, and chief executive officer for health reasons, with his resignation effective March 31, 2026. The board has appointed current director and executive managing officer Hideaki Kato, a long-time company insider with extensive experience in corporate planning and administration, as the new representative director, president, and CEO effective April 1, 2026, while Kanno will remain with the company as a special counselor, signaling an orderly leadership transition designed to maintain continuity in management and strategic direction.

The most recent analyst rating on (JP:9513) stock is a Buy with a Yen3877.00 price target. To see the full list of analyst forecasts on Electric Power Development Co stock, see the JP:9513 Stock Forecast page.

More about Electric Power Development Co

Electric Power Development Co., Ltd., listed on the Tokyo Stock Exchange Prime Market under securities code 9513, operates in the electric power industry, focusing on the development and supply of electricity. The company engages in power generation and related infrastructure operations, serving as a key player in Japan’s energy sector and broader industrial base.

Average Trading Volume: 740,889

Technical Sentiment Signal: Buy

Current Market Cap: Yen593.6B

For detailed information about 9513 stock, go to TipRanks’ Stock Analysis page.

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