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Hokkaido Electric Power Network Faces Regulatory Scrutiny Over Information Breach

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Hokkaido Electric Power Network Faces Regulatory Scrutiny Over Information Breach

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Hokkaido Electric Power Company,Incorporated ( (JP:9509) ) has issued an announcement.

Hokkaido Electric Power Network Company, a subsidiary of Hokkaido Electric Power Co., Ltd., has reported an incident involving the possession of non-public information by an employee. The information, related to transmission and supply operations, was reported to the Electricity and Gas Market Surveillance Commission, prompting a request for a report under the Electricity Business Act. The company is investigating the matter to prevent future occurrences and is committed to responding appropriately to regulatory requests.

More about Hokkaido Electric Power Company,Incorporated

Hokkaido Electric Power Company, Incorporated operates in the energy sector, primarily focusing on electricity generation, transmission, and distribution services. It serves as a key player in the regional energy market of Hokkaido, Japan.

YTD Price Performance: -16.62%

Average Trading Volume: 119

Technical Sentiment Signal: Hold

Current Market Cap: €860.3M

See more insights into 9509 stock on TipRanks’ Stock Analysis page.

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