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An update from Tokyo Electric Power Company Holdings ( (JP:9501) ) is now available.
Tokyo Electric Power Company Holdings will transfer its shared office business “SoloTime” to Nomura Real Estate Development through a simplified absorption-type company split scheduled to take effect on March 31, 2026, with no change to TEPCO’s capital and an expected consideration of ¥750 million. The move is intended to streamline TEPCO’s operations and leverage Nomura Real Estate’s expertise in the shared office and real estate domain to enhance service quality and expand the customer base, while ensuring continuity of services for existing users and maintaining the financial soundness of both companies, as the transaction is relatively small in scale versus TEPCO’s overall assets and sales and is not expected to impair either party’s ability to meet obligations.
The most recent analyst rating on (JP:9501) stock is a Hold with a Yen687.00 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 (TEPCO) is Japan’s largest electric utility, supplying power and related infrastructure services primarily in the Tokyo metropolitan area. As a core infrastructure provider, it has also developed ancillary businesses such as shared office services aimed at supporting workstyle reforms and easing urban congestion in its service region.
Average Trading Volume: 92,680,421
Technical Sentiment Signal: Buy
Current Market Cap: Yen1060.6B
For detailed information about 9501 stock, go to TipRanks’ Stock Analysis page.