---
title: "J-POWER Cancels 3.7% of Shares to Tighten Capital Base"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286520574.md"
description: "Electric Power Development Co. (J-POWER) has canceled 6,713,200 treasury shares, or 3.7% of its issued shares, to enhance capital efficiency and shareholder value. This move, effective May 15, 2026, reduces the total number of issued shares to 176,337,900. The current analyst rating for J-POWER stock is a Hold, with a price target of Yen3770.00."
datetime: "2026-05-15T06:50:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286520574.md)
  - [en](https://longbridge.com/en/news/286520574.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286520574.md)
---

# J-POWER Cancels 3.7% of Shares to Tighten Capital Base

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An announcement from Electric Power Development Co ( (JP:9513) ) is now available.

Electric Power Development Co., Ltd. (J-POWER), a Japanese electric utility specializing in power generation and energy services, is listed on the TSE Prime market and plays a key role in supplying electricity to domestic and overseas markets. Its operations support Japan’s power infrastructure and position it as an important player in the country’s energy sector.

J-POWER has completed the cancellation of 6,713,200 treasury shares, representing 3.7% of its previously issued shares, under Article 178 of the Companies Act. Following the cancellation, effective May 15, 2026, the company’s total number of issued shares stands at 176,337,900, a move that effectively reduces share count and may enhance capital efficiency and shareholder value over time.

The most recent analyst rating on (JP:9513) stock is a Hold with a Yen3770.00 price target. To see the full list of analyst forecasts on Electric Power Development Co stock, see the JP:9513 Stock Forecast page.

**More about Electric Power Development Co**

Electric Power Development Co., Ltd. (J-POWER) is a Japanese electric utility focused on power generation and related energy services. Listed on the TSE Prime market under securities code 9513, the company operates across domestic and international electricity markets, supplying power and infrastructure critical to Japan’s energy system.

**Average Trading Volume:** 1,309,255

**Technical Sentiment Signal:** Buy

**Current Market Cap:** Yen772.1B

Learn more about 9513 stock on TipRanks’ Stock Analysis page.

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