Hokuriku Electric Power Company
Notice of Revision to Earnings Guidance and Year-End Dividend Forecast
For the fiscal year ending March 2026, operating income has been upwardly revised by 27.1% from the previous forecast to 89,000 million yen, and net income attributable to owners of parent has been revised upward by 29.2% to 62,000 million yen, with the year-end dividend also raised to 25.00 yen.
Key Figures
- Operating Income: 89,000 million yen (Up 27.1% from previous forecast)
- Net Income Attributable to Owners of Parent: 62,000 million yen (Up 29.2% from previous forecast)
- Year-End Dividend Forecast: 25.00 yen (Increased from previous forecast of 22.50 yen)
AI要約
Regarding the Revision of Earnings Guidance
The full-year consolidated earnings guidance for the fiscal year ending March 2026 has been revised. Operating revenue remains unchanged at 780,000 million yen from the previous forecast, while operating income has been upwardly revised by 27.1% from 70,000 million yen to 89,000 million yen. Ordinary income has increased by 30.8% from 65,000 million yen to 85,000 million yen, and net income attributable to owners of parent has also increased by 29.2% from 48,000 million yen to 62,000 million yen. The main reasons for this revision are the impact of the shutdown of Unit 2 at the Nanao Ohta Thermal Power Plant, offset by increased hydroelectric power generation and improvements in market prices and supply-demand conditions.
Regarding the Revision of Year-End Dividend Forecast
The year-end dividend forecast for the fiscal year ending March 2026 has been raised from 22.50 yen to 25.00 yen. This is based on the upward revision of consolidated earnings guidance and the shareholder return policy considering a certain recovery in the equity ratio. The annual dividend has been revised from the previous forecast of 12.50 yen (at the end of the third quarter) and 22.50 yen (year-end) to 15.00 yen (third quarter-end) and 25.00 yen (year-end) respectively.
