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Hokkaido Electric Power Company (9509) in our theses

Hokkaido Electric Power Company appears in one of our theses. Below is why it entered the basket and how it has done since publication.

Theses holding it
1
Average return
+8.0%
since publication
Last price
1,088 JPY
August 22, 2026
Live July 25, 2026 · regulation · edge 62

Japan Returns to Nuclear Power: A Wave of Reactor Restarts Turns Costly LNG Imports into a Profit Surge for Power Utilities

Restarts of Japanese nuclear reactors replace expensive LNG imports with near-zero fuel cost power, delivering a step-change in earnings for TEPCO, Kansai, Kyushu, and Hokkaido Electric.

Why this company: Preparing the restart of Tomari Unit 3 following safety approval; the Rapidus semiconductor fab and data centers in Hokkaido drive massive new electricity demand, offering the sector's largest relative earnings inflection.

9509 since this thesis was published: +8.0% · whole basket +8.7%

Where these numbers come from

The reference price is recorded on the thesis publication date and never changed afterwards. The current price is refreshed several times a day. Returns are in the listing currency and exclude dividends, so for dividend payers the real total return was somewhat higher.

This is not a recommendation to buy or sell. A company enters a basket as a beneficiary of the mechanism described in the thesis, and the full argument is on each thesis page.

See all of our theses

Each with a publication date, a causal map and a score assigned before the market ruled.

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