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Hokkaido Electric Power, Apr-Jun (1Q) Ordinary Profit Increases by 26%, Exceeds Full-Year Plan

Thu Jul 31, 2025 3:30 pm JST Earnings

9509 Hokkaido Electric Power Company, Incorporated 【J-GAAP】

Earnings Report

Hokkaido Electric Power Company, Incorporated <9509> [TSE Prime] announced its financial results after the market closed on July 31st (15:30). The consolidated ordinary profit for the first quarter of the fiscal year ending March 2026 (April to June) increased 25.6% from the same period last year, reaching 41.6 billion yen. Progress toward the full-year plan of 40.0 billion yen is 104.1%, already exceeding the target and also exceeding the five-year average of 64.6%.

In the most recent three-month period, from April to June (1Q), the operating profit margin rose from 17.1% in the same period last year to 21.7%.

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Actual Performance and Financial Trends

Accumulated Results 1st Quarter
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Progress Rate
vs. First Half
Announce Accounting
Standards
Apr - Jun, 2023
227,791M 49,426M 47,549M 34,605M 166.8 67.6% Jul 28, 2023 J-GAAP
Apr - Jun, 2024
202,569M 34,676M 33,172M 31,245M 150.5 65.3% Jul 31, 2024 J-GAAP
Apr - Jun, 2025
202,497M 43,898M 41,658M 30,775M 148.2 Jul 31, 2025 J-GAAP
YoY 0.0% +26.6% +25.6% -1.5% -1.5%

Guidance Update

Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2026 Prev 898,000M 54,000M 40,000M 26,000M 119.8 30 Apr 30, 2025 J-GAAP
Mar, 2026 New 863,000M 54,000M 40,000M 26,000M 119.8 30 Jul 31, 2025 J-GAAP
Revision Rate -3.9% 0.0% 0.0% 0.0% 0.0%

Current Period Guidance

First Half Results
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Apr - Sep, 2024
416,710M 56,168M 50,787M 50,682M 243.4 10 Oct 31, 2024 J-GAAP
Guidance
Apr - Sep, 2025
15 Apr 30, 2025 J-GAAP
YoY
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2024
953,784M 101,155M 87,315M 66,201M 315.4 20 Apr 26, 2024 J-GAAP
Mar, 2025
902,053M 75,838M 64,051M 64,218M 305.9 20 Apr 30, 2025 J-GAAP
Guidance
Mar, 2026
863,000M 54,000M 40,000M 26,000M 119.8 30 Jul 31, 2025 J-GAAP
YoY -4.3% -28.8% -37.5% -59.5% -60.9%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Apr - Jun, 2024
202,569M 34,676M 33,172M 31,245M 150.5 17.1% Jul 31, 2024 J-GAAP
Jul - Sep, 2024
214,141M 21,492M 17,615M 19,437M 93.4 10.0% Oct 31, 2024 J-GAAP
Oct - Dec, 2024
229,693M 8,327M 6,017M 3,983M 19.0 3.6% Jan 31, 2025 J-GAAP
Jan - Mar, 2025
255,650M 11,343M 7,247M 9,553M 45.5 4.4% Apr 30, 2025 J-GAAP
Apr - Jun, 2025
202,497M 43,898M 41,658M 30,775M 148.2 21.7% Jul 31, 2025 J-GAAP
YoY 0.0% +26.6% +25.6% -1.5% -1.5%