Hokuriku Electric Power Company logo

Hokuriku Electric Power Company

9505.T

JPXUtilitiesRegulated Electric

Latest quote

¥976.2

−¥14.60 · -1.47%

Aug 24, 3:30 PM JST

9505.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Hokuriku Electric Power Company supplies electricity through power generation, transmission, and distribution systems in Japan. The company generates electricity through hydroelectric, thermal, and nuclear sources. It is also involved in the sale of LNG; construction of thermal and nuclear power plant equipment; architecture, civil engineering, and paving works; design and construction business; maintenance of hydroelectric power generation substation; distribution facilities; electricity, air conditioning, water supply and drainage, communication equipment construction, and plumbing business; and manufacturing and sale of concrete poles and piles. The company also engages in providing data transmission line and office support work services; development and sale of software, logistics management system, and stem contract; real estate rental and management, temporary staffing, and leasing business; energy solutions, home sales, and gas retail business; execution of environmental greening projects; civil engineering and construction works; administrative services related to administrative indirect operations. In addition, it is involved in investment management business; manufacturing, repair and testing of electricity meters; manufacturing and sales of transformers and switchboards; cable television broadcasting service and internet service; construction and operation of black pellet manufacturing plants. The company was incorporation in 1951 and is headquartered in Toyama, Japan.

Industry
Regulated Electric
Sector
Utilities
Headquarters
JP
CEO
Koji Matsuda
Listed since
Jan 1, 2001
Employees
6,895

Market position

Day range

Current ¥976.2

52-week range

Current ¥976.2

Open
¥980.5
Previous close
¥990.8
Volume
928.7K
0.93× average
Average volume
999.29K
Average daily volume
Market cap
203.93B JPY
Beta
0.07
Market reference 1
50-day average
¥913.26
+6.89% above average
200-day average
¥964.07
+1.26% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.14T JPY
P/E (TTM)
4.19×
P/B (TTM)
0.43×
P/S (TTM)
0.26×
EV / EBITDA
7.53×
Earnings yield
24.43%
Free cash flow yield
12.31%
Dividend yield
2.56%

Profitability & efficiency

Gross margin
9.73%
Operating margin
9.73%
Net margin
6.09%
Return on equity
12.13%
Return on assets
2.96%
Return on invested capital
3.65%

Financial health

Debt / equity
2.45×
Current ratio
1.28×
Altman Z-score
0.85
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends25%12%-1%-14%Gross margin, FY2021: 5.53%Gross margin, FY2022: -2.70%Gross margin, FY2023: 21.33%Gross margin, FY2024: 16.20%Gross margin, FY2025: 11.12%Operating margin, FY2021: -2.67%Operating margin, FY2022: -9.03%Operating margin, FY2023: 14.22%Operating margin, FY2024: 9.37%Operating margin, FY2025: 11.12%Net margin, FY2021: -1.10%Net margin, FY2022: -10.82%Net margin, FY2023: 7.03%Net margin, FY2024: 7.80%Net margin, FY2025: 6.92%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 5.53%. Gross margin FY2022 -2.70%. Gross margin FY2023 21.33%. Gross margin FY2024 16.20%. Gross margin FY2025 11.12%. Operating margin FY2021 -2.67%. Operating margin FY2022 -9.03%. Operating margin FY2023 14.22%. Operating margin FY2024 9.37%. Operating margin FY2025 11.12%. Net margin FY2021 -1.10%. Net margin FY2022 -10.82%. Net margin FY2023 7.03%. Net margin FY2024 7.80%. Net margin FY2025 6.92%.

Income trends

Revenue

786.55B JPY-5.86%

Operating income

87.46B JPY+11.75%

Net income

54.47B JPY-16.40%
Income trends across reported periods927.9B JPY558.32B JPY188.74B JPY−180.84B JPYRevenue, FY2021: 613.76B JPYRevenue, FY2022: 817.6B JPYRevenue, FY2023: 808.24B JPYRevenue, FY2024: 835.5B JPYRevenue, FY2025: 786.55B JPYOperating income, FY2021: −16.42B JPYOperating income, FY2022: −73.79B JPYOperating income, FY2023: 114.91B JPYOperating income, FY2024: 78.26B JPYOperating income, FY2025: 87.46B JPYNet income, FY2021: −6.76B JPYNet income, FY2022: −88.45B JPYNet income, FY2023: 56.81B JPYNet income, FY2024: 65.15B JPYNet income, FY2025: 54.47B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 613.76B JPY. Revenue FY2022 817.6B JPY. Revenue FY2023 808.24B JPY. Revenue FY2024 835.5B JPY. Revenue FY2025 786.55B JPY. Operating income FY2021 −16.42B JPY. Operating income FY2022 −73.79B JPY. Operating income FY2023 114.91B JPY. Operating income FY2024 78.26B JPY. Operating income FY2025 87.46B JPY. Net income FY2021 −6.76B JPY. Net income FY2022 −88.45B JPY. Net income FY2023 56.81B JPY. Net income FY2024 65.15B JPY. Net income FY2025 54.47B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue786.55B JPY835.5B JPY808.24B JPY817.6B JPY613.76B JPY
Cost of goods sold699.09B JPY700.19B JPY635.83B JPY839.71B JPY579.84B JPY
Gross profit87.46B JPY135.31B JPY172.41B JPY−22.11B JPY33.92B JPY
Research and development1.58B JPY1.55B JPY1.56B JPY1.51B JPY
Selling, general, and administrative55.47B JPY55.95B JPY50.12B JPY48.82B JPY
Operating expenses57.05B JPY57.5B JPY51.68B JPY50.34B JPY
Interest income1.61B JPY282M JPY203M JPY231M JPY59M JPY
Interest expense8.51B JPY7.38B JPY7.5B JPY7.22B JPY6.58B JPY
Depreciation and amortization64.24B JPY63.79B JPY65.23B JPY63.52B JPY59.65B JPY
Operating income87.46B JPY78.26B JPY114.91B JPY−73.79B JPY−16.42B JPY
Net income54.47B JPY65.15B JPY56.81B JPY−88.45B JPY−6.76B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+42.00%
11 comparable reports
Latest EPS result
106.26
Estimate 38.1 · Beat by 178.90%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates147.4882.3617.25-47.87Q1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 30, 2025: actual 47.41, estimate 18.9, surprise +150.85%, Beat. Q2 2025, reported Apr 28, 2025: actual 52.84, estimate 62.3, surprise -15.18%, Miss. Q3 2025, reported Jul 30, 2025: actual 134.01, estimate 100.6, surprise +33.21%, Beat. Q4 2025, reported Oct 30, 2025: actual 96.46, estimate 109.7, surprise -12.07%, Miss. Q1 2026, reported Jan 29, 2026: actual 58.3, estimate 25.6, surprise +127.73%, Beat. Q2 2026, reported Apr 28, 2026: actual -28.03, estimate -34.4, surprise +18.52%, Beat. Q3 2026, reported Jul 29, 2026: actual 106.26, estimate 38.1, surprise +178.90%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 82.7, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates240.78B216.2B191.62B167.04BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 30, 2025: actual 206.45B JPY, estimate 185.7B JPY, surprise +11.17%, Beat. Q2 2025, reported Apr 28, 2025: actual 231.52B JPY, estimate 222.1B JPY, surprise +4.24%, Beat. Q3 2025, reported Jul 30, 2025: actual 186.08B JPY, estimate 176.3B JPY, surprise +5.55%, Beat. Q4 2025, reported Oct 30, 2025: actual 217.1B JPY, estimate 204.6B JPY, surprise +6.11%, Beat. Q1 2026, reported Jan 29, 2026: actual 179.94B JPY, estimate 190.4B JPY, surprise -5.50%, Miss. Q2 2026, reported Apr 28, 2026: actual 203.44B JPY, estimate 206.89B JPY, surprise -1.67%, Miss. Q3 2026, reported Jul 29, 2026: actual 199.02B JPY, estimate 191.1B JPY, surprise +4.14%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 222.1B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥22.50

2025 complete year-10.0% since 2017

2026 partial: ¥15.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥12.50

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥12.50

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥15.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 26, 2026

Dividend

Ex-dividend Sep 29, 2025

¥10.00

Semi-Annual

Record Sep 30, 2025 · Payment Nov 28, 2025

Dividend

Ex-dividend Mar 28, 2025

¥12.50

Semi-Annual

Record Mar 31, 2025 · Payment Jun 27, 2025

Dividend

Ex-dividend Sep 27, 2024

¥7.50

Semi-Annual

Record Sep 30, 2024

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