Hokuriku Electric Power Company (TSE:9505) and Hokuden Information System Service Company acquired a 90% stake in Emori Information Management Co., Ltd. on December 3, 2021. Pursuant to the transaction, Hokuriku Electric Power acquired an 80% stake and through its subsidiary Hokuden Information System Service acquired 10% stake in Emori and remaining 10% is held by the current management team of Emori. Upon completion, Emori will become consolidated subsidiaries of the Hokuriku Electric Power. Hokuriku Electric Power Company (TSE:9505) and Hokuden Information System Service Company completed the acquisition of a 90% stake in Emori Information Management Co., Ltd. on December 3, 2021.