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HOKURIKU ELECTRICAL CONSTRUCTION, 14% Increase in Ordinary Profit, Update Record High for Second Consecutive Term, Increased Previous Year's Dividend by 4 Yen, Plan to Continue the 48 Yen Policy This Fiscal Year as Well

Tue Apr 28, 2026 4:00 pm JST Earnings

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

Earnings Report

HOKURIKU ELECTRICAL CONSTRUCTION CO.,LTD. <1930> [TSE Prime] announced its financial results after the market closed on April 28th (16:00). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 18.2% from the previous period to 5.45 billion yen exceeding the previous forecast of 4.20 billion yen and resulted in an increase in profit, a complete reversal from the forecast for a decline in profit. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to grow by 13.7% to 6.20 billion yen, marking the second consecutive term of record-high profits. This will be the fourth consecutive term of revenue and profit growth.

At the same time, the company increased the annual dividend for the previous term from 44 yen to 48 yen (compared to 44 yen in the prior term), and has decided to continue with a dividend of 48 yen for the current term as well.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 22.0% from the same period last year, reaching 1.97 billion yen. However, the operating profit margin remained almost flat, changing from 11.2% in the same period last year to 11.2%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 53,398 3,425 3,645 2,209 78.9 40 Apr 30, 2024 J-GAAP
Mar, 2025 55,607 4,351 4,611 3,187 113.9 44 Apr 28, 2025 J-GAAP
Mar, 2026 61,028 5,121 5,451 3,870 139.7 48 Apr 28, 2026 J-GAAP
YoY +9.7% +17.7% +18.2% +21.4% +22.7%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Guidance 61,000 4,000 4,200 2,900 105.4 44 Apr 28, 2025 J-GAAP
Mar, 2026 Results 61,028 5,121 5,451 3,870 139.7 48 Apr 28, 2026 J-GAAP
Revision Rate +0.0% +28.0% +29.8% +33.4% +32.5%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 26,707 1,262 1,461 940 33.7 22 Oct 29, 2025 J-GAAP
Apr - Sep, 2026 Guidance 30,000 2,000 2,200 1,500 54.5 24 Apr 28, 2026 J-GAAP
YoY +12.3% +58.5% +50.6% +59.6% +61.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 55,607 4,351 4,611 3,187 113.9 44 Apr 28, 2025 J-GAAP
Mar, 2026 61,028 5,121 5,451 3,870 139.7 48 Apr 28, 2026 J-GAAP
Mar, 2027 Guidance 70,000 6,000 6,200 4,100 149.1 48 Apr 28, 2026 J-GAAP
YoY +14.7% +17.2% +13.7% +5.9% +6.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 14,232 1,593 1,617 1,164 41.6 11.2 Apr 28, 2025 J-GAAP
Apr - Jun, 2025 12,071 386 482 313 11.2 3.2 Jul 29, 2025 J-GAAP
Jul - Sep, 2025 14,636 876 979 627 22.5 6.0 Oct 29, 2025 J-GAAP
Oct - Dec, 2025 17,204 1,947 2,017 1,377 49.6 11.3 Jan 28, 2026 J-GAAP
Jan - Mar, 2026 17,117 1,912 1,973 1,553 56.1 11.2 Apr 28, 2026 J-GAAP
YoY +20.3% +20.0% +22.0% +33.4% +34.8%

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