Notice Regarding Transfer of 온라인 카지노 추천 Manufacturing, Sales, and 온라인 카지노 추천 Pipeline Business in Hokkaido Prefecture
온라인 카지노 추천 (JAPEX) announces that its Board of Directors has resolved to transfer its gas manufacturing, sales, and gas pipeline business in Hokkaido Prefecture (collectivelyhereinafterthe "Business") to Hokkaido Electric Power Co., Inc. (HEPCO) (hereinafterthe "Business Transfer"), today.
Exploration, development, and production (E&P) business for crude oil and natural 온라인 카지노 추천 in Hokkaido Prefecture is excluded from the Business Transfer. It will continue to be operated by JAPEX.
1. Reason for the 온라인 카지노 추천 Transfer
JAPEX has consistently provided a stable supply of natural 온라인 카지노 추천 from the Yufutsu Oil and 온라인 카지노 추천 Field and LNG received at the LNG terminal to customers in Hokkaido Prefecture via 온라인 카지노 추천 pipelines and tank trucks.
Under the "JAPEX Management Plan 2022-2030," formulated in March 2022, as part of our efforts to strengthen profitability and build a medium- to long-term business foundation, JAPEX reviewed its business portfolio. Business.
JAPEX continues production operation at the Yufutsu Oil and 온라인 카지노 추천 Field, the base for our E&P operation in Hokkaido Prefecture, and will supply natural 온라인 카지노 추천 to the transferee, HEPCO.
2. Outline of the 온라인 카지노 추천 Transfer
ⅰ. Outline of the 온라인 카지노 추천
The 온라인 카지노 추천 manufacturing and sales business involve the sale of natural 온라인 카지노 추천 via 온라인 카지노 추천 pipelines and the sale of LNG received at the LNG receiving terminal via tank trucks.
The 온라인 카지노 추천 pipeline business provides commissioned transportation services of natural 온라인 카지노 추천 using the 온라인 카지노 추천 pipelines owned within Hokkaido Prefecture.
ⅱ. Financial position of the 온라인 카지노 추천 (for the year ended March 2025)
|
|
The 온라인 카지노 추천 (a) |
Consolidated Results (b) |
Ratio (a/b) |
Net sales |
9,860 million yen |
389,082 million yen |
2.5% |
ⅲ. Transferred Assets and Liabilities and Amounts (As of March 31, 2025)
Assets |
Liabilities |
||
Item |
Book Value |
Item |
Book Value |
Current assets |
433 million yen |
Current liabilities |
164 million yen |
Non-current assets |
0 million yen* |
Non-current liabilities |
880 million yen |
Total |
433 million yen |
Total |
1,045 million yen |
*Recognized as memorandum value
ⅳ. Transfer Price
31 billion yen
3. Outline of the counterparty to the 온라인 카지노 추천 Transfer
(1) |
Corporate Name |
HokkaidoElectric Power Co., Inc. |
||
(2) |
Head Office |
2, Hi온라인 카지노 추천hi 1-chome, Odori, Chuo-ku, Sapporo, Hokkaido Prefecture |
||
(3) |
Representative |
President and Representative Director Susumu Saito |
||
(4) |
온라인 카지노 추천 Activities |
Power generation and retail electricity 온라인 카지노 추천, etc. |
||
(5) |
Share Capital |
114,291 million yen |
||
(6) |
Date of Establishment |
May 1, 1951 |
||
(7) |
Net assets |
407,336 million yen |
||
(8) |
Total assets |
2,244,003 million yen |
||
(9) |
Shareholder |
The Master Trust Bank of Japan, Ltd. (Trust account) |
9.99% |
|
North Pacific Bank, Ltd. |
4.96% |
|||
Custody Bank of Japan, Ltd. (Trust account) |
3.40% |
|||
일본생명 보험 회사 |
2.99% |
|||
Employee Stock Ownership Plan of HokkaidoElectric Power Co., Inc. |
2.44% |
|||
THE HOKKAIDO BANK, LTD. |
2.01% |
|||
Meiji Yasuda Life Insurance Company |
1.97% |
|||
CGMI-PRIME FINANCE CLEARANCE SECURITIES ACCOUNT |
1.77% |
|||
UBS AG LONDON A/C IPB SEGREGATED CLIENT ACCOUNT |
1.47% |
|||
THE BANK OF NEW YORK MELLON 140044 |
1.40% |
|||
(10) |
Relationship between the listed company and the company concerned |
Capital Relationships |
Not applicable. |
|
Personal Relationships |
Not applicable. |
|||
온라인 카지노 추천Relationships |
Japex has contracted LNG vaporization at the Soma LNG Terminal. |
|||
Related Party Status |
Not applicable. |
|||
4. Transfer Schedule
(1) |
Date of resolution by the Board of Directors |
December 3, 2025 |
(2) |
Date of contract |
December 3, 2025 |
(3) |
Date of transfer |
Fiscal year ending March 2027 (forecast) |
*The 온라인 카지노 추천 Transfer qualifies as a simplified 온라인 카지노 추천 transfer under the parenthetical provision of Article 467, Paragraph 1, Item 2 of the Companies Act. It will therefore be executed without obtaining shareholders' meeting approval.
5. Outlook
In connection with the 온라인 카지노 추천 Transfer, JAPEX forecasts recognizing extraordinary income in the consolidated results for the fiscal year ending March 2027. The specific amount is currently under review. Should any matters requiring disclosure arise,
Please note that the information in the news is as of the announcement date and may be subject to change without notice.
Contact: +81-3-6268-7110 (Media Relations) / +81-3-6268-7111 (Investor Relations) / +81-3-6268-7000 (Other in general)
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