J-Power announces significant dividend from North American subsidiary
Electric Power Development Co., Ltd. (J-Power) announced today that it expects to receive a dividend of $205m from its consolidated subsidiary, J-POWER North America Holdings Co., Ltd. The resolution date for this dividend is October 15, 2025, with the anticipated receipt date scheduled for October 29, 2025.
This dividend income will be recorded as non-operating revenue in J-Power's non-consolidated financial statements for the fiscal year ending March 31, 2026. However, since the dividend originates from a consolidated subsidiary, it will not impact the company's consolidated financial results for the same fiscal year.
The announcement was made by Hitoshi Kanno, president & CEO, and communicated by Yutaka Murakami, IR chief manager. The company emphasized the receipt of these funds and their classification within its financial reporting structure.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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