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The latest announcement is out from Tokyo Electric Power Company Holdings ( (JP:9501) ).
Tokyo Electric Power Company Holdings said its grid subsidiary TEPCO Power Grid has completed another sale of Kandenko Co., Ltd. shares, after Nomura Securities exercised an option to purchase an additional 2,708,900 shares. The transaction will generate proceeds of ¥15.8 billion and an estimated gain of about ¥12.0 billion, to be booked as extraordinary income in the fiscal year ending March 2026.
This latest deal follows earlier disposals of Kandenko stock in February that produced approximate gains of ¥11.0 billion and ¥80.0 billion, underscoring an ongoing effort to monetize equity holdings and bolster profits. Despite the sizable cumulative gains, the company is leaving its consolidated earnings forecast unchanged for now, signaling a cautious stance while pledging to promptly disclose any further material developments for investors and other stakeholders.
The most recent analyst rating on (JP:9501) stock is a Sell with a Yen570.00 price target. To see the full list of analyst forecasts on Tokyo Electric Power Company Holdings stock, see the JP:9501 Stock Forecast page.
More about Tokyo Electric Power Company Holdings
Tokyo Electric Power Company Holdings, Inc. is a major Japanese electric utility, operating across power generation, transmission, and distribution, with its consolidated subsidiary TEPCO Power Grid overseeing grid-related assets and investments. The group manages strategic shareholdings in affiliated companies such as Kandenko Co., Ltd., using portfolio adjustments to support its financial position and long-term capital strategy.
Average Trading Volume: 76,687,419
Technical Sentiment Signal: Hold
Current Market Cap: Yen1143B
Learn more about 9501 stock on TipRanks’ Stock Analysis page.