株式会社F-Power

F-Power Co., Ltd. (capital 50 million yen, 3-1-21 Shibaura, Minato-ku, representative Takashi Oki and 1 other person, 140 employees) applied the Corporate Rehabilitation Law to the Tokyo District Court on March 24. On the same day, he received a maintenance management order and a comprehensive prohibition order related to compulsory execution, but on the 30th he received a decision to start rehabilitation procedures. Hiroaki Tominaga (7-12-14, Ginza, Chuo-ku, Tominagahiroaki Law Office) has been appointed as the trustee. Our company was established in April 2009 (Heisei 21). It is a so-called new electric power company, and as a specific-scale electric power company (PPS), it does not have its own power generation equipment, but procures power from group companies, private power plants, municipal cleaning factories, etc., and supplies it by increasing the amount of power used. When there was a shortage, electricity was procured from the Japan Wholesale Electric Power Exchange (JEPX) through spot transactions, etc., and high-voltage electricity and special high-voltage electricity were mainly sold to businesses, and low-voltage electricity was retailed for general household use. .. Customers range from government offices to companies, factories, stores, and general households, and the trade area covers the entire country except Hokkaido, and for businesses, fixed electricity charges, crude oil-linked charges, market-linked charges, etc. during the contract period, etc. For plans and general households, we offered a flat-rate unlimited usage plan and a pay-as-you-go rate plan that does not require a basic charge. In April 2018, it became the largest new electric power company with contract power of 4 million kW or more, and in FY06 / 19, it had posted annual sales of about 160.6 billion yen. However, in recent years, competition with other companies in the same industry has been fierce, and the power supply has been forced to decline in both the business and general household sectors, and annual sales for the fiscal year ending June 2020 have decreased to approximately 72.2 billion yen. It was. As the environment in the sales market deteriorates, the cash flow deteriorates due to the increase in the burden of electricity procurement costs due to the soaring market this winter. It was decided to abandon voluntary reconstruction and aim for reconstruction through legal procedures. The debt at the time of application is about 46.4 billion yen for about 315 creditors. In addition, the company plans to carry out the sponsor selection procedure as soon as possible and to rebuild under the selected sponsor.