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Hokkaido Electric Power Expands Business Scope with New Amendment

Story Highlights
  • Hokkaido Electric Power Company is expanding into agriculture, healthcare, and financial services.
  • The company aims to support regional growth through its ‘HEPCO Group Management Vision 2035.’
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Hokkaido Electric Power Company,Incorporated ( (JP:9509) ) has shared an announcement.

Hokkaido Electric Power Company has announced a proposal to amend its Articles of Incorporation to align with its ‘HEPCO Group Management Vision 2035.’ This amendment aims to expand the company’s business purposes to include new sectors such as agriculture, healthcare, and financial services, reflecting its commitment to fostering regional growth and addressing local challenges.

More about Hokkaido Electric Power Company,Incorporated

Hokkaido Electric Power Company, Incorporated operates in the electric utility industry, providing services such as electricity generation and supply, manufacture and sale of electrical machinery, and gas supply. The company is focused on expanding its business scope to include agricultural, healthcare, and financial services, aiming to contribute to regional development in Hokkaido.

YTD Price Performance: -15.85%

Average Trading Volume: 119

Technical Sentiment Signal: Hold

Current Market Cap: €869.5M

Learn more about 9509 stock on TipRanks’ Stock Analysis page.

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