Komori
Earnings9509Hokkaido Electric Power Company,IncorporatedElectricity and gas

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

For the interim period of the fiscal year ending March 2027, revenue increased 7.1% year on year, while operating profit decreased 49.4%, ordinary profit decreased 55.8%, and interim net income attributable to owners of the parent decreased 54.1%. The full-year earnings forecast is unchanged, while the annual dividend forecast for common shares has increased from the previous fiscal year's actual dividend of ¥32 to ¥33.

Worth reading
36Immaterial
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
49.4
Year-on-year decline in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales441,335¥ millionYear on year +7.1%Progress 43.1%
Operating profit34,414¥ millionYear on year -49.4%Progress 56.4%
Ordinary income27,398¥ millionYear on year -55.8%Progress 59.6%
Net income attributable to owners of the parent20,569¥ millionYear on year -54.1%Progress 62.3%

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¥96.73
Financial position at period-end
Total assets2,575,195¥ million
of which net assets 498,906 ¥ millionEquity ratio 18.7%vs. prior year-end +0.2pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,025,000 million (YoY +19.7%)
Operating profit¥61,000 million (YoY -16.7%)
Ordinary income¥46,000 million (YoY -25.0%)
Net income¥33,000 million (YoY -25.0%)
Annual Dividend Forecast¥32 (common shares) → ¥33 (common shares)
Disclosure regarding the going concern assumption

None

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 Yes見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew Number of companies 0 / Company name No / Excluded Number of companies 0 / Company name No
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of nuclear fuel / Amount ¥2,091 million / Extraordinary loss Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and securities analysts)
Issued Shares at Period-End215,291,912
Treasury Shares at Period-End9,931,503
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥441,335 million (YoY +7.1%)
Operating profit¥34,414 million (YoY -49.4%)
Ordinary income¥27,398 million (YoY -55.8%)
Profit attributable to owners of the parent¥20,569 million (YoY -54.1%)
Net income per share¥96.73
Equity ratioEnd of the current fiscal period 18.7 / End of previous period 18.5
Total assets¥2,575,195 million
Net assets¥498,906 million
Full-year earnings forecastNet Sales ¥1,025,000 million (YoY +19.7%) / Operating profit ¥61,000 million (YoY -16.7%) / Ordinary income ¥46,000 million (YoY -25.0%) / Net income ¥33,000 million (YoY -25.0%)
Annual Dividend Forecast¥32 (common shares) → ¥33 (common shares)
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of nuclear fuel / Amount ¥2,091 million / Extraordinary loss Not disclosed
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards None / Other changes Yes / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew Number of companies 0 / Company name No / Excluded Number of companies 0 / Company name No
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and securities analysts)
Issued Shares at Period-End215,291,912
Treasury Shares at Period-End9,931,503
Items this document does not state (16)
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 PolicySegment revenueSegment profitRegional salesOrders received and order backlogDepreciation and amortizationImpairment lossMaterial subsequent eventsFactors Behind Changes in Business Performance

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 body of the disclosure does not state the factors behind the changes in interim results. The reason given for the change in accounting policy is that the increased predictability of recovering the investment in safety measures construction for Unit 3 of the Tomari Power Station makes it appropriate to reflect the matching of costs and revenues.

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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Hokkaido Electric Power Company,Incorporated (9509) timely disclosure | Komori