Komori
Revision of earnings forecasts9509Hokkaido Electric Power Company,IncorporatedElectricity and gas

Revision to the Consolidated Earnings Forecast for Fiscal 2025

The consolidated earnings forecast for FY2025 announced on 30 January 2026 has been revised. Revenue and electricity sales volume have been lowered, while operating income, ordinary income, and profit attributable to owners of the parent have been raised.

Worth reading
58In focus
Scored from 2 of 3 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
180
Approximately ¥100 million (increase in ordinary income)
Wording
Avoiding a definitive answer
How definitive the wording is.

What was corrected and how

A subsequent correction by the company to the contents of an already published filing.

Original disclosure30 January 2026

Consolidated earnings forecast

84 daysThe pre-correction wording stayed published for this period (Calculated from the Original Disclosure Date Indicated in the Document)
This correction2026-04-24
Location of correction (where in the original document)

■FY2025 consolidated earnings forecast: FY2025 outlook (comparison of the current announcement and the January announcement)

Before correction

Net Sales Approximately 8,670 / Operating profit Approximately 590 / Ordinary income Approximately 430 / Profit attributable to owners of the parent Approximately 280 / Retail and other-company electricity sales volume Approximately 346 / Retail electricity sales volume Approximately 227 / Exchange rate Approximately 150 / CIF crude oil price Approximately 71.0

After correction

Net Sales Approximately 8,560 / Operating profit Approximately 730 / Ordinary income Approximately 610 / Profit attributable to owners of the parent Approximately 440 / Retail and other-company electricity sales volume Approximately 341 / Retail electricity sales volume Approximately 221 / Exchange rate Approximately 151 / CIF crude oil price Approximately 71.0

ChangesNet Sales Approximately △110 / Operating profit Approximately 140 / Ordinary income Approximately 180 / Profit attributable to owners of the parent Approximately 160 / Retail and other-company electricity sales volume Approximately △5 / Retail electricity sales volume Approximately △6 / Exchange rate Approximately 1 / CIF crude oil price Unchanged
Impact on Business Performance (the company’s explanation)

Revenue is expected to decline by ¥11.0 billion from the January announcement to approximately ¥856.0 billion, while ordinary income is expected to increase by ¥18.0 billion to approximately ¥61.0 billion and profit attributable to owners of the parent is expected to increase by ¥16.0 billion to approximately ¥44.0 billion.

Reason for correction

The consolidated earnings forecast announced on 30 January 2026 has been revised to reflect recent trends, including the expected decline in retail electricity sales volume due to lower heating demand resulting from warmer winter temperatures, reduced operation of oil-fired power plants, initiatives to expand revenue and reduce costs, lower costs due to the shift in the timing of payments for various expenses, and higher profits at group companies.

What was corrected and how
ItemDetails
Disclosure subject to correctionConsolidated earnings forecast
Original disclosure date30 January 2026
Location of correction■FY2025 consolidated earnings forecast: FY2025 outlook (comparison of the current announcement and the January announcement)
Details of correctionNet Sales Approximately 8,670 / Operating profit Approximately 590 / Ordinary income Approximately 430 / Profit attributable to owners of the parent Approximately 280 / Retail and other-company electricity sales volume Approximately 346 / Retail electricity sales volume Approximately 227 / Exchange rate Approximately 150 / CIF crude oil price Approximately 71.0 → Net Sales Approximately 8,560 / Operating profit Approximately 730 / Ordinary income Approximately 610 / Profit attributable to owners of the parent Approximately 440 / Retail and other-company electricity sales volume Approximately 341 / Retail electricity sales volume Approximately 221 / Exchange rate Approximately 151 / CIF crude oil price Approximately 71.0
Reason for correctionThe consolidated earnings forecast announced on 30 January 2026 has been revised to reflect recent trends, including the expected decline in retail electricity sales volume due to lower heating demand resulting from warmer winter temperatures, reduced operation of oil-fired power plants, initiatives to expand revenue and reduce costs, lower costs due to the shift in the timing of payments for various expenses, and higher profits at group companies.
Impact on Business PerformanceRevenue is expected to decline by ¥11.0 billion from the January announcement to approximately ¥856.0 billion, while ordinary income is expected to increase by ¥18.0 billion to approximately ¥61.0 billion and profit attributable to owners of the parent is expected to increase by ¥16.0 billion to approximately ¥44.0 billion.

The reasons the company gives

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

The revision reflects recent trends. Although retail electricity sales volume is expected to decline due to lower heating demand resulting from warmer winter temperatures, the company expects lower costs due to reduced operation of oil-fired power plants, initiatives to expand revenue and reduce costs, and the shift in the timing of payments for various expenses, as well as higher profits at group companies.

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Revision to the Consolidated Earnings Forecast for Fiscal 2025 | Hokkaido Electric Power Company,Incorporated (9509) timely disclosure | Komori