Hokuriku Electric Construction is a member of the Hokuriku Electric Power Group, with Hokuriku Electric Power Company Limited holding 49.49% of voting rights. It reports that 34.4% of its completed construction value of 18,228 million yen is related to Hokuriku Electric Power.<\/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,"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":"1930","jir_company_name":"Hokuriku Electric Construction Co., Ltd.","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-04-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/1930-20260428-04.pdf","jir_short_summary":"Hokuriku Electric Construction is a member of the Hokuriku Electric Power Group, with Hokuriku Electric Power Company Limited holding 49.49% of voting rights. It reports that 34.4% of its completed construction value of 18,228 million yen is related to Hokuriku Electric Power.","jir_summary":"### Relationship with Controlling Shareholders and Transaction Status\nHokuriku Electric Construction Co., Ltd. is an equity-method affiliate of Hokuriku Electric Power Company Limited, which holds 49.49% of its voting rights. As a member of the Hokuriku Electric Power Group, it undertakes construction mainly for power distribution line and substation works, contributing to stable electricity supply. As of March 31, 2026, the completed construction value for Hokuriku Electric Power Transmission & Distribution Co., Ltd. was 18,228 million yen, accounting for 34.4% of the company's total completed construction value. In terms of personnel relationships, one executive officer of Hokuriku Electric Power concurrently serves as a director of the company.\n\n### Governance Structure and Ensuring Independence\nThe company strengthens its governance framework by appointing independent outside directors and ensures independence from Hokuriku Electric Power Company Limited. More than half of the five directors are independent outside directors. For significant transactions and actions, a special committee composed of independent outside officers deliberates on the matters. Furthermore, the company has entered into a contract with Hokuriku Electric Power Company Limited respecting autonomous management decisions to maintain independent management as a publicly listed company.","jir_financial_highlights":"Completed Construction Value: 18,228 million yen (unknown)\nPercentage of Voting Rights Owned by Hokuriku Electric Power Company Limited: 49.49% (unknown)\nProportion of Hokuriku Electric Power Related Business in Completed Construction Value: 34.4% (unknown)","jir_category":"","jir_hashtags":"#HokurikuElectricConstructionCoLtd, #GroupManagement, #Governance, #JapaneseStocks","jir_key_figures":"Completed Construction Value: 18,228 million yen (as of March 31, 2026)\nPercentage of Voting Rights Owned by Hokuriku Electric Power Company Limited: 49.49%\nProportion of Hokuriku Electric Power Related Business in Completed Construction Value: 34.4%","jir_meta_title":"Hokuriku Electric Construction | Strengthening Relations with Hokuriku Electric Power Group and Governance Framework | April 2026","jir_meta_description":"Hokuriku Electric Construction reports that Hokuriku Electric Power Company Limited holds 49.49% of voting rights, with 34.4% of the 18,228 million yen completed construction related to the group. Independence is secured through the appointment of independent outside directors.","jir_og_title":"Hokuriku Electric Construction | Strengthening Relations with Hokuriku Electric Power Group and Governance Framework | April 2026","jir_og_description":"As a member of the Hokuriku Electric Power Group, Hokuriku Electric Construction undertakes construction projects exceeding 18 billion yen and enhances governance through independent outside directors.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17532,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-43882","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n