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Earnings9505Hokuriku Electric Power CompanyElectricity and gas

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period, operating revenue increased 5.3% year on year, while operating profit declined 37.2%. Full-year forecasts for operating revenue and each profit measure were revised upward, but substantial profit declines are still expected from the previous fiscal year.

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900
¥100 million
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Operating revenue increased despite lower total electricity sales, due to higher fuel cost adjustment revenue and market price movements. Profit declined due to the fuel cost adjustment time-lag effect and the impact of the shutdown of Unit 2 at the Nanao-Ohta Thermal Power Station, among other factors. The full-year forecast was revised upward to reflect the deterioration from the fuel cost adjustment time-lag effect, as well as improvements from higher total electricity sales and market price movements, among other factors.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Hokuriku Electric Power Company (9505) timely disclosure | Komori