Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Although total electricity sold and hydroelectricity generated and purchased increased, consolidated results declined due to lower fuel cost adjustment revenue and capacity reservation contract amounts, higher equipment-related expenses and other costs, and the impact of the shutdown of Unit 2 at the Nanao-Ota Thermal Power Station, among other factors.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥786,552 million (YoY -8.4%) |
| Operating profit | ¥87,459 million (YoY -13.4%) |
| Ordinary income | ¥85,013 million (YoY -6.9%) |
| Profit attributable to owners of the parent | ¥54,466 million (YoY -16.4%) |
| Net income per share | ¥260.74 |
| Operating Margin | 11.1% |
| Equity ratio | End of the current fiscal period 24.4% / End of previous period 20.5% |
| Total assets | ¥1,842,067 million |
| Net assets | ¥451,303 million |
| Cash flows from operating activities | ¥117,459 million |
| Cash flows from investing activities | ¥-48,568 million |
| Cash flows from financing activities | ¥-57,911 million |
| Cash and cash equivalents at end of period | ¥92,984 million |
| Full-year earnings forecast | Net Sales ¥760,000 million (YoY -3.4%) / Operating profit ¥40,000 million (YoY -54.3%) / Ordinary income ¥35,000 million (YoY -58.8%) / Net income ¥25,000 million (YoY -54.1%) |
| Annual Dividend Forecast | ¥20 → ¥25（+25.0%） |
| Payout ratio | 9.6% |
| Segment revenue | Power generation and retailing ¥721,940 million (YoY -5.8%), Transmission and Distribution Business ¥221,744 million (YoY +0.2%), Other ¥127,218 million (YoY -17.4%) |
| Segment profit | Power generation and retailing ¥66,363 million (YoY +8.0%), Transmission and Distribution Business ¥19,629 million (YoY -10.5%), Other ¥3,901 million (YoY -69.7%) |
| Depreciation and amortization | ¥63,444 million |
| Impairment loss | ¥4,702 million, ¥8,738 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Disaster relief grants ¥2,234 million / Extraordinary loss Loss on the retirement of thermal power plants ¥8,738 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 3 / Company name HOKURIKU ELECTRICAL CONSTRUCTION CO.,LTD., （株）日建, ホッコー商事（株） |
| Material subsequent events | None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Analysts and institutional investors |
| Issued Shares at Period-End | 210,333,694 Shares |
| Treasury Shares at Period-End | 1,428,459 Shares |
| Factors Behind Changes in Business Performance | Although total electricity sold and hydroelectricity generated and purchased increased, consolidated results declined due to lower fuel cost adjustment revenue and capacity reservation contract amounts, higher equipment-related expenses and other costs, and the impact of the shutdown of Unit 2 at the Nanao-Ota Thermal Power Station, among other factors. |
Items this document does not state (4)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.For the fiscal year ended March 2026, operating revenue declined due to lower fuel cost adjustment revenue and capacity reservation contract amounts, despite an increase in total electricity sold. Ordinary income declined due to higher equipment-related expenses and other costs, as well as the impact of the shutdown of Unit 2 at the Nanao-Ota Thermal Power Station. Profit is expected to decline in the fiscal year ending March 2027 due to lower total electricity sold and the impact of the shutdown of the same power station, among other factors.