Worth reading
55In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-26.7
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales199,019million yenYear on year +7.0%Progress 26.2%
Operating profit26,595million yenYear on year -26.7%Progress 66.5%
Ordinary income29,151million yenYear on year -18.8%Progress 83.3%
Net income attributable to owners of the parent22,198million yenYear on year -20.7%Progress 88.8%
The 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.
Net income per share¥106.26
Financial position at period-end
Total assets1,874,442million yen
of which net assets 473,252 million yenEquity ratio 25.1%vs. prior year-end +0.7pt
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.
Segment revenuePower generation and retailing 175,480 million yen (YoY +4.9%), Transmission and Distribution Business 59,745 million yen (YoY +13.2%), Other 22,018 million yen (YoY -26.1%)
Segment profitPower generation and retailing 25,641 million yen (YoY -10.7%), Transmission and Distribution Business 2,082 million yen (YoY -70.1%), Other 1,494 million yen (YoY +339.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales760,000 million yen (YoY -3.4%)
Operating profit40,000 million yen (YoY -54.3%)
Ordinary income35,000 million yen (YoY -58.8%)
Net income25,000 million yen (YoY -54.1%)
Annual Dividend Forecast¥25 per share → ¥25 per share（0.0%）
Factors Behind Changes in Business Performance
Operating revenue increased mainly due to an increase in total electricity sold, while ordinary income decreased due mainly to the fuel cost adjustment lag differential and the impact of the suspension of Unit 2 at the Nanao-Ohta Thermal Power Station.
Disclosure regarding the going concern assumption
No applicable items (the notes on going concern state that there are no applicable matters)
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 1 / Company name 北陸電力送配電サービス（株） / Excluded Number of companies 0 / Company name Not disclosed
Depreciation and amortization15,658 million yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End210,333,694 Shares
Treasury Shares at Period-End1,439,748 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | 199,019 million yen (YoY +7.0%) |
| Operating profit | 26,595 million yen (YoY -26.7%) |
| Ordinary income | 29,151 million yen (YoY -18.8%) |
| Profit attributable to owners of the parent | 22,198 million yen (YoY -20.7%) |
| Net income per share | ¥106.26 |
| Equity ratio | End of the current fiscal period 25.1 / End of previous period 24.4 |
| Total assets | 1,874,442 million yen |
| Net assets | 473,252 million yen |
| Full-year earnings forecast | Net Sales 760,000 million yen (YoY -3.4%) / Operating profit 40,000 million yen (YoY -54.3%) / Ordinary income 35,000 million yen (YoY -58.8%) / Net income 25,000 million yen (YoY -54.1%) |
| Annual Dividend Forecast | ¥25 per share → ¥25 per share（0.0%） |
| Segment revenue | Power generation and retailing 175,480 million yen (YoY +4.9%), Transmission and Distribution Business 59,745 million yen (YoY +13.2%), Other 22,018 million yen (YoY -26.1%) |
| Segment profit | Power generation and retailing 25,641 million yen (YoY -10.7%), Transmission and Distribution Business 2,082 million yen (YoY -70.1%), Other 1,494 million yen (YoY +339.4%) |
| Depreciation and amortization | 15,658 million yen |
| Disclosure regarding the going concern assumption | No applicable items (the notes on going concern state that there are 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 1 / Company name 北陸電力送配電サービス（株） / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 210,333,694 Shares |
| Treasury Shares at Period-End | 1,439,748 Shares |
| Factors Behind Changes in Business Performance | Operating revenue increased mainly due to an increase in total electricity sold, while ordinary income decreased due mainly to the fuel cost adjustment lag differential and the impact of the suspension of Unit 2 at the Nanao-Ohta Thermal Power Station. |
Items this document does not state (13)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Material subsequent events
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.Operating revenue increased mainly due to an increase in total electricity sold. Ordinary income decreased despite the increase in total electricity sold, due mainly to the fuel cost adjustment lag differential and the impact of the suspension of Unit 2 at the Nanao-Ohta Thermal Power Station.
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.