Komori
Revision of earnings forecasts9505Hokuriku Electric Power CompanyElectricity and gas

Notice Regarding Revisions to Earnings Forecasts

The full-year forecast for net income attributable to owners of the parent for the fiscal year ending March 2026 was changed from ¥62.0 billion to ¥53.0 billion. Forecasts for operating revenues, operating income, ordinary income and the year-end dividend remain unchanged.

Worth reading
69In focus
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Direction
Deterioration
Direction inferred from the company’s description.
Scale
-9000
¥ million
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 27 February 2026
Net Sales780,000→780,000million
0.0%
Operating profit89,000→89,000million
0.0%
Ordinary income85,000→85,000million
0.0%
Profit attributable to owners of the parent62,000→53,000million
-14.5%
Net income per share296.81→253.72yen and sen
-14.5%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

In light of the decision to decommission Mikuni Unit 1 at the Fukui Thermal Power Station, announced on 24 March 2026, net income attributable to owners of the parent was revised downward to reflect the recording of an impairment loss on fixed assets as an extraordinary loss from the decommissioning of a thermal power station.

Details and amount of extraordinary loss

Extraordinary loss from the decommissioning of a thermal power station (impairment loss on fixed assets). Amount: Not disclosed.

Previous-period resultsOperating revenues ¥858,275 million, operating income ¥101,034 million, ordinary income ¥91,363 million, net income attributable to owners of the parent ¥65,148 million, net income per share ¥311.98
Dividend forecast revisionNo revision (unchanged from the previous forecast)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥780,000 million → ¥780,000 million
Operating profit¥89,000 million → ¥89,000 million
Ordinary income¥85,000 million → ¥85,000 million
Profit attributable to owners of the parent¥62,000 million → ¥53,000 million(-14.5%)
Net income per share296.81 yen and sen → 253.72 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast27 February 2026
Previous-period resultsOperating revenues ¥858,275 million, operating income ¥101,034 million, ordinary income ¥91,363 million, net income attributable to owners of the parent ¥65,148 million, net income per share ¥311.98
Reason for the revisionIn light of the decision to decommission Mikuni Unit 1 at the Fukui Thermal Power Station, announced on 24 March 2026, net income attributable to owners of the parent was revised downward to reflect the recording of an impairment loss on fixed assets as an extraordinary loss from the decommissioning of a thermal power station.
Details and amount of extraordinary lossExtraordinary loss from the decommissioning of a thermal power station (impairment loss on fixed assets). Amount: Not disclosed.
Dividend forecast revisionNo revision (unchanged from the previous forecast)
Consolidated / non-consolidatedConsolidated

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Following the decision to decommission Mikuni Unit 1 at the Fukui Thermal Power Station, an impairment loss on fixed assets will be recorded as an extraordinary loss from the decommissioning of a thermal power station. The year-end dividend forecast remains unchanged from the previous forecast.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to Earnings Forecasts | Hokuriku Electric Power Company (9505) timely disclosure | Komori