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HOKURIKU ELECTRICAL CONSTRUCTION, The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 26% Increase, Dividend Revised Upward by 4 yen

Fri Feb 28, 2025 1:00 pm JST Revision

1930 HOKURIKU ELECTRICAL CONSTRUCTION CO.,LTD. 【J-GAAP】

Guidance Update Report

HOKURIKU ELECTRICAL CONSTRUCTION CO.,LTD. <1930> [TSE Prime] announced a revision to its performance and dividend in the afternoon session on February 28th (13:00). The consolidated ordinary profit for the fiscal year ending March 2025 has been revised upward 31.4%, from the previous forecast of 3.5 billion yen to 4.6 billion yen (compared to 3.64 billion yen in the previous period), turning to a 26.2% increase in the consolidated ordinary profit outlook.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated ordinary profit is expected to increase 52.8%, from the previous forecast of 2.08 billion yen to 3.18 billion yen (compared to 3.17 billion yen in the same period of the previous year), turning to a 0.3% increase in the consolidated ordinary profit outlook.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 40 yen to 44 yen (compared to 40 yen in the previous period).

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Prev 33,629 1,994 2,085 1,323 47.3 20 Oct 29, 2024 J-GAAP
Oct - Mar, 2024 New 31,529 3,144 3,185 2,123 75.9 24 Feb 28, 2025 J-GAAP
Revision Rate -6.2% +57.7% +52.8% +60.5% +60.5%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 60,000 3,250 3,500 2,300 82.2 40 Apr 30, 2024 J-GAAP
Mar, 2025 New 57,900 4,400 4,600 3,100 110.8 44 Feb 28, 2025 J-GAAP
Revision Rate -3.5% +35.4% +31.4% +34.8% +34.8%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 32,770 3,064 3,177 2,007 71.7 22 Apr 30, 2024 J-GAAP
Oct - Mar, 2024 Guidance 31,529 3,144 3,185 2,123 75.9 24 Feb 28, 2025 J-GAAP
YoY -3.8% +2.6% +0.3% +5.8% +5.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 44,846 2,356 2,531 1,628 58.2 36 Apr 27, 2023 J-GAAP
Mar, 2024 53,398 3,425 3,645 2,209 78.9 40 Apr 30, 2024 J-GAAP
Mar, 2025 Guidance 57,900 4,400 4,600 3,100 110.8 44 Feb 28, 2025 J-GAAP
YoY +8.4% +28.5% +26.2% +40.3% +40.3%

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