Notice of Revision to Earnings Guidance

Overview of Revision to Earnings Guidance

Hokuriku Electric Power Company has upwardly revised its consolidated earnings guidance for the fiscal year ending March 2027. Revenue has been increased by approximately 90,000 hundred million yen, and operating income, ordinary income and net income have also been revised upward, driven particularly by an increase in total electricity sales and improved market price movements. The principal assumptions reflected in the updated outlook include total electricity sales volume, exchange rates, and CIF prices for energy raw materials; the current assumptions are incorporated into the latest outlook.

Outlook and Points to Note

While this revision reflects an expected outperformance, realization of the results depends on factors such as the impact of the fuel-cost adjustment time-lag difference and the persistence of market price movements. The company states it will continue to monitor market developments and trends in sales electricity volume based on available information. Impact on dividend policy and capital strategy is not stated in this document and is Unknown.