Revised the dividend forecast for the fiscal year ending March 2027 to 0 yen for the entire period. Changed policy to not pay interim or year-end dividends on the assumption that the tender offer will be consummated.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6989","jir_company_name":"Hokuriku Electric Industry Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/6989-20261110-03.pdf","jir_short_summary":"Revised the dividend forecast for the fiscal year ending March 2027 to 0 yen for the entire period. Changed policy to not pay interim or year-end dividends on the assumption that the tender offer will be consummated.","jir_summary":"### Overview of Decision\nThe Board of Directors decided to revise the dividend forecast announced on May 12, 2026, and resolved not to pay the interim dividend for the record date of September 30, 2026. Furthermore, on the condition that the tender offer is consummated, it indicated a policy of not paying the year-end dividend for the record date of March 31, 2027. The tender offer is the BCJ-116 offer, and the decision is conditional on the consummation of that offer.\n\n### Impact and Background\nWhile dividends had been considered based on prior capital efficiency metrics (DOE of 3.0% or higher and a payout ratio of 35%), the company decided to forgo dividends as a condition of the tender offer. It has been suggested that if the tender offer is successful, there is a risk of delisting.","jir_financial_highlights":"Annual Dividend: Previous forecast 95.00 yen, Revised 0.00 yen (Year-over-Year 0% (effectively revised to 0 yen))\nInterim Dividend: 0.00 yen (Revised)\nYear-end Dividend: 0.00 yen (Revised)","jir_category":"","jir_hashtags":"#HokurikuElectricIndustry, #DividendPolicyChange, #TenderOfferResponse","jir_key_figures":"Previous forecast annual dividend: 95.00 yen\nRevised annual dividend: 0.00 yen\nInterim dividend (record date): 0.00 yen","jir_meta_title":"Hokuriku Electric Industry Co.,Ltd. Revises Dividend Forecast to No Dividend\uff5cFY2027","jir_meta_description":"Hokuriku Electric Industry Co.,Ltd. has revised its dividend forecast for the fiscal year ending March 2027 to 0 yen for both interim and year-end dividends, conditional on the consummation of the BCJ-116 tender offer. Investors should monitor capital policy and tender offer developments.","jir_og_title":"Hokuriku Electric Industry Co.,Ltd. Revises Dividend Forecast to No Dividend\uff5cFY2027","jir_og_description":"Hokuriku Electric Industry Co.,Ltd. has revised its dividend forecast for FY2027 to no dividend, with the year-end dividend also suspended conditional on the consummation of a tender offer. Investors should watch this turning point in capital policy.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57645,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"dividend","footnotes":""},"sector":[],"importance":[],"class_list":["post-147255","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n