Hokkaido Electric Power Ups Output, Accelerates Work at Ishikariwan Shinko Plant

Hokkaido Electric Power Company,Incorporated ( (JP:9509) ) has provided an update.

Hokkaido Electric Power has revised the planned output and construction schedule for its Ishikariwan Shinko LNG thermal power station, increasing total capacity and moving up work on a key unit. The adjustments reflect detailed design reviews of facility specifications aimed at optimizing plant performance and supporting long-term power supply in the Hokkaido region.

Under the new plan, the output of Units 2 and 3 will be raised, lifting total installed capacity from about 569,400 kW to 580,000 kW, while the start of construction for Unit 2 is brought forward from May 2027 to August 2026. The earlier construction timeline and incremental capacity expansion are expected to strengthen the company’s generation portfolio and enhance supply reliability as demand and decarbonization pressures evolve.

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 regional Japanese electric utility serving Hokkaido, operating across generation and distribution. The company runs a diversified power portfolio that includes liquefied natural gas (LNG) thermal facilities, positioning it as a key provider of stable electricity supply in northern Japan’s energy market.

Average Trading Volume: 4,786,438

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen243.6B

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