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Hokkaido Electric Power Company,Incorporated ( (JP:9509) ) has issued an update.
Hokkaido Electric Power has set the key terms for its Zero Coupon Convertible Bonds due 2031, following a board resolution on February 12, 2026. The bonds are structured as bonds with stock acquisition rights, with the asset contribution on exercise equal to the bond principal and a conversion price of ¥1,353 per share.
The conversion price represents a 23.96% premium to the company’s February 12 Tokyo Stock Exchange closing price of ¥1,091.5, underscoring management’s confidence in the firm’s equity value. The move refines the mechanics of a previously announced issuance and gives investors clearer visibility on potential future equity dilution and capital structure evolution.
The most recent analyst rating on (JP:9509) stock is a Buy with a Yen1186.00 price target. To see the full list of analyst forecasts on Hokkaido Electric Power Company,Incorporated stock, see the JP:9509 Stock Forecast page.
More about Hokkaido Electric Power Company,Incorporated
Hokkaido Electric Power Company, Incorporated is a Japanese electric utility serving the Hokkaido region, supplying power to households, businesses, and industry. Listed under securities code 9509 on the Tokyo Stock Exchange, it operates in a regulated infrastructure sector where capital structure and financing terms are closely watched by investors and creditors.
Average Trading Volume: 4,870,122
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen223.7B
Learn more about 9509 stock on TipRanks’ Stock Analysis page.