Kyushu Electric Power Company (JP:9508) has released an update.
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Kyushu Electric Power Co., Inc. has announced its decision to start preparations for transitioning into a holding company structure, aimed at optimizing group management and business operations while prioritizing nuclear safety. This strategic move is in response to an increasingly challenging business environment, with opportunities in carbon neutrality and electrification, but also uncertainties like fuel price hikes. The transition will be subject to shareholder approval with more details to be released post-decision.
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