Financial Summary for the Second Quarter of the Fiscal Year Ending March 2027

Summary of Results

Hokuriku Electric Industry Co.,Ltd. recorded net sales of 24,642 million yen in the second quarter of the fiscal year ending March 2027 (Year-over-Year +19.4%), while operating income was 764 million yen (Year-over-Year -42.0%), ordinary income was 600 million yen (Year-over-Year -56.3%), and interim net income attributable to owners of parent was 125 million yen (Year-over-Year -88.1%), representing significant profit compression. By segment, electronic components posted net sales of 24,126 million yen (Year-over-Year +19.5%) but profits were squeezed by higher raw material costs; molds and machinery experienced reduced profits due to shipment stagnation; other segments achieved both revenue and profit increases. The financial position shows total assets of 51,377 million yen, net assets of 26,349 million yen, and an equity ratio of 51.3% (decline from the previous fiscal period).

Outlook and Dividends

Today, the company announced revisions to its full-year earnings forecasts and dividend forecast. The forward-looking estimates have been calculated reasonably based on new assumptions, but actual results may differ significantly due to various factors. The number of treasury shares held at the end of the interim period has not changed, cash flow from operating activities and investing activities remained negative, while cash flow from financing activities was positive.