Worth reading
43Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Definitive
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales214,481¥ millionYear on year +5.9%Progress 22.1%
Operating profit24,449¥ millionYear on year -44.3%Progress 50.9%
Ordinary income18,764¥ millionYear on year -55.0%Progress 62.5%
Net income attributable to owners of the parent14,777¥ millionYear on year -52.0%Progress 67.2%
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¥70.25
Financial position at period-end
Total assets2,535,667¥ million
of which net assets 487,874 ¥ millionEquity ratio 18.6%vs. prior year-end +0.1pt
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 revenueHokkaido Electric ¥165,858 million, Hokkaido Electric Power Network ¥38,067 million
Segment profitHokkaido Electric ¥21,201 million, Hokkaido Electric Power Network ¥-3,278 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥970,000 million (YoY +13.3%)
Operating profit¥48,000 million (YoY -34.5%)
Ordinary income¥30,000 million (YoY -51.1%)
Net income¥22,000 million (YoY -50.0%)
Annual Dividend Forecast¥32 → ¥33（+3.1%）
Factors Behind Changes in Business Performance
Revenue increased mainly because of higher electricity sales to other companies, reflecting an increase in bilateral sales. Ordinary profit decreased mainly because the timing difference under the fuel cost adjustment system shifted from a favorable variance to an unfavorable variance, worsening the earnings balance. Net income attributable to owners of the parent also decreased, mainly because of the decline in ordinary profit.
Disclosure regarding the going concern assumption
No applicable matters
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 Yes見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of nuclear fuel ¥2,091 million / Extraordinary loss Not disclosed
Depreciation and amortization¥17,894 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo
Issued Shares at Period-End215,291,912 shares
Treasury Shares at Period-End9,941,732 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 | ¥214,481 million (YoY +5.9%) |
| Operating profit | ¥24,449 million (YoY -44.3%) |
| Ordinary income | ¥18,764 million (YoY -55.0%) |
| Profit attributable to owners of the parent | ¥14,777 million (YoY -52.0%) |
| Net income per share | ¥70.25 |
| Equity ratio | End of the current fiscal period 18.6% / End of previous period 18.5% |
| Total assets | ¥2,535,667 million |
| Net assets | ¥487,874 million |
| Full-year earnings forecast | Net Sales ¥970,000 million (YoY +13.3%) / Operating profit ¥48,000 million (YoY -34.5%) / Ordinary income ¥30,000 million (YoY -51.1%) / Net income ¥22,000 million (YoY -50.0%) |
| Annual Dividend Forecast | ¥32 → ¥33（+3.1%） |
| Segment revenue | Hokkaido Electric ¥165,858 million, Hokkaido Electric Power Network ¥38,067 million |
| Segment profit | Hokkaido Electric ¥21,201 million, Hokkaido Electric Power Network ¥-3,278 million |
| Depreciation and amortization | ¥17,894 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of nuclear fuel ¥2,091 million / Extraordinary loss Not disclosed |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes Yes / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 215,291,912 shares |
| Treasury Shares at Period-End | 9,941,732 shares |
| Factors Behind Changes in Business Performance | Revenue increased mainly because of higher electricity sales to other companies, reflecting an increase in bilateral sales. Ordinary profit decreased mainly because the timing difference under the fuel cost adjustment system shifted from a favorable variance to an unfavorable variance, worsening the earnings balance. Net income attributable to owners of the parent also decreased, mainly because of the decline in ordinary profit. |
Items this document does not state (12)
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 lossMaterial 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.The interim review of the quarterly consolidated financial statements by certified public accountants, etc. has been completed.
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.