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

Revision to Consolidated Earnings Forecast for Fiscal 2026

The consolidated earnings forecast for fiscal 2026 announced in July 2026 has been revised, with upward revisions to net sales, operating income, ordinary income and net income attributable to owners of the parent. The dividend forecast is unchanged.

Worth reading
62In focus
Scored from 2 of 3 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
550
¥100 million (increase in net sales)
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 July 2026

Consolidated earnings forecast announced on 30 July 2026

57 daysThe pre-correction wording stayed published for this period (Calculated from the Original Disclosure Date Indicated in the Document)
This correction2026-09-25
Location of correction (where in the original document)

Full-year consolidated earnings forecast for fiscal 2026 (net sales, operating income, ordinary income, net income attributable to owners of the parent and key assumptions)

Before correction

Net Sales Approximately 9,700 / Operating profit Approximately 480 / Ordinary income Approximately 300 / Profit attributable to owners of the parent Approximately 220 / Retail and other-company electricity sales volume Approximately 379 / Retail electricity sales volume Approximately 219 / Electricity sales volume to other companies Approximately 160 / Exchange rate Approximately 160 / CIF crude oil price Approximately 85.0

After correction

Net Sales Approximately 10,250 / Operating profit Approximately 610 / Ordinary income Approximately 460 / Profit attributable to owners of the parent Approximately 330 / Retail and other-company electricity sales volume Approximately 379 / Retail electricity sales volume Approximately 219 / Electricity sales volume to other companies Approximately 160 / Exchange rate Approximately 160 / CIF crude oil price Approximately 110.0

ChangesNet Sales Approximately 550 / Operating profit Approximately 130 / Ordinary income Approximately 160 / Profit attributable to owners of the parent Approximately 110 / Retail and other-company electricity sales volume Unchanged / Retail electricity sales volume Unchanged / Electricity sales volume to other companies Unchanged / Exchange rate Unchanged / CIF crude oil price Approximately 25.0
Impact on Business Performance (the company’s explanation)

Compared with the figures announced in July, net sales are expected to increase by ¥55 billion to approximately ¥1.025 trillion, ordinary income by ¥16 billion to approximately ¥46 billion, and net income attributable to owners of the parent by ¥11 billion to approximately ¥33 billion. The dividend forecast is unchanged from the previous forecast.

Reason for correction

The forecast has been revised based on recent trends, including higher fuel cost adjustment amounts and electricity sales revenue to other companies resulting from rising fuel prices and other factors, and a review of wheeling charges to reflect the impact of higher prices and interest rates at Hokkaido Electric Power Network.

What was corrected and how
ItemDetails
Disclosure subject to correctionConsolidated earnings forecast announced on 30 July 2026
Original disclosure date30 July 2026
Location of correctionFull-year consolidated earnings forecast for fiscal 2026 (net sales, operating income, ordinary income, net income attributable to owners of the parent and key assumptions)
Details of correctionNet Sales Approximately 9,700 / Operating profit Approximately 480 / Ordinary income Approximately 300 / Profit attributable to owners of the parent Approximately 220 / Retail and other-company electricity sales volume Approximately 379 / Retail electricity sales volume Approximately 219 / Electricity sales volume to other companies Approximately 160 / Exchange rate Approximately 160 / CIF crude oil price Approximately 85.0 → Net Sales Approximately 10,250 / Operating profit Approximately 610 / Ordinary income Approximately 460 / Profit attributable to owners of the parent Approximately 330 / Retail and other-company electricity sales volume Approximately 379 / Retail electricity sales volume Approximately 219 / Electricity sales volume to other companies Approximately 160 / Exchange rate Approximately 160 / CIF crude oil price Approximately 110.0
Reason for correctionThe forecast has been revised based on recent trends, including higher fuel cost adjustment amounts and electricity sales revenue to other companies resulting from rising fuel prices and other factors, and a review of wheeling charges to reflect the impact of higher prices and interest rates at Hokkaido Electric Power Network.
Impact on Business PerformanceCompared with the figures announced in July, net sales are expected to increase by ¥55 billion to approximately ¥1.025 trillion, ordinary income by ¥16 billion to approximately ¥46 billion, and net income attributable to owners of the parent by ¥11 billion to approximately ¥33 billion. The dividend forecast is unchanged from the previous forecast.

The reasons the company gives

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

The forecast has been revised based on recent trends. While retail electricity sales and electricity sales to other companies have generally tracked expectations, net sales and ordinary income are expected to increase due to higher fuel cost adjustment amounts and electricity sales revenue to other companies resulting from rising fuel prices and other factors, as well as a review of wheeling charges to reflect higher prices and interest rates at Hokkaido Electric Power Network. Net income attributable to owners of the parent is expected to increase due in part to the rise in ordinary income.

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 Consolidated Earnings Forecast for Fiscal 2026 | Hokkaido Electric Power Company,Incorporated (9509) timely disclosure | Komori