Hokuriku Electric Power Company Revises Earnings Forecast — Net Profit Down 14.5%
Hokuriku Electric Power Company (TSE:95050) revised its earnings forecast for the period ending March 31, 2026, citing a special loss from the decommissioning of a power plant.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 780.0bn | JPY 780.0bn | 0 |
| Operating Profit | JPY 89.0bn | JPY 89.0bn | 0 |
| Ordinary Income | JPY 85.0bn | JPY 85.0bn | 0 |
| Net Profit | JPY 62.0bn | JPY 53.0bn | -JPY 9.0bn (-14.5%) |
| EPS | JPY 296.81 per share | JPY 253.72 per share | -JPY 43.09 (-14.5%) |
The revision follows the decision to decommission the Kikko 1 Unit at the Fukui Thermal Power Plant, leading to a special loss classified as a separate item. The company will recognize impairment losses on fixed assets related to the plant’s decommissioning, resulting in a downward adjustment to net profit and EPS. The year-end dividend forecast remains unchanged.
The earnings revision reflects the impact of asset impairment related to the power plant decommissioning, providing a more realistic view of the company’s financial performance. Investors should note that the adjustment does not affect the dividend outlook for the fiscal year ending March 31, 2026.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.