Hokkaido Electric Power Company, Incorporated (9509) Stock Price

Hokkaido Electric Power operates primarily in power generation and retail electricity businesses. Additionally, its subsidiary Hokkaido Electric Power Network Company engages in general transmission and distribution services and power generation on remote islands. Together, these operations support electricity supply across Hokkaido.

The company's affiliated companies handle businesses in power generation, general transmission and distribution, and retail, while also expanding into information and communications. This enables the group to provide services across a wide range of sectors beyond the power business.

The Hokkaido Electric Power Group comprises 13 companies with close relationships through capital investment, personnel, and business transactions. These include Hokkaido Denkou, Hokuden Kogyo, and Hokkaido Power Engineering, with each company operating in its respective specialty field.

Hokkaido Electric Power is also actively promoting renewable energy. In 2025, it established Hokkaido Renewable Energy Aggregation Company as a newly affiliated company under the equity method. This initiative aims to realize sustainable energy supply.

Hokkaido Electric Power is pursuing revenue expansion and operational efficiency through targeted sales activities and diverse service offerings. In particular, the company is reducing costs and improving operational efficiency through kaizen activities and digital transformation (DX). This approach aims to achieve sustainable growth.

The company has established the "Hokuden Group Management Vision 2035," which seeks to grow alongside Hokkaido's development. This vision identifies green transformation (GX), value creation, and strengthening management foundations for sustainable growth as key management themes. Through these efforts, the company aims to build a sustainable future together with local communities.

Hokkaido Electric Power is advancing toward carbon neutrality by 2050. The company has set a target to reduce supply chain emissions by 46% compared to fiscal 2013 levels by fiscal 2030, and is working to expand renewable energy deployment and decarbonize thermal power plants. The company is also progressing with the restart of the Tomari Nuclear Power Station and development of new energy sources.

The company is strengthening efforts to expand renewable energy. It aims to develop over 3 million kW of renewable energy capacity by fiscal 2035, and is investing in wind and biomass power generation projects. These initiatives support the realization of sustainable energy supply.

Hokkaido Electric Power is creating new value through co-creation with local communities. The company is expanding business operations in agriculture, forestry, fisheries, welfare, and tourism sectors, contributing to solving regional challenges. It is also strengthening community partnerships through IoT communication services utilizing smart meters.

The company is promoting business transformation through kaizen activities and DX. It is improving operational efficiency and reducing costs to enhance productivity. The company is also creating new business value by leveraging AI and digital technologies. These efforts support the realization of sustainable growth.