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HOKURIKU ELECTRIC INDUSTRY, 42% Decrease in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 5 Yen, Plan to Continue the 95 Yen Policy This Fiscal Year as Well

Tue May 12, 2026 2:00 pm JST Earnings

6989 HOKURIKU ELECTRIC INDUSTRY CO., LTD. 【J-GAAP】

Earnings Report

HOKURIKU ELECTRIC INDUSTRY CO., LTD. <6989> [TSE Std] announced its financial results in the afternoon session on May 12th (14:00). The consolidated ordinary profit for the fiscal year ended March 2026 decreased by 3.8% from the previous period to 2.74 billion yen. For the fiscal year ending March 2027, the consolidated ordinary profit is expected to drop by 41.6% from the previous period to 1.60 billion yen. This will be the fourth consecutive term of declining profits.

At the same time, the company increased the annual dividend for the previous term from 90 yen to 95 yen (compared to 90 yen in the prior term), and has decided to continue with a dividend of 95 yen for the current term as well.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit amounted to 0.50 billion yen, a 1.7% decrease compared to the same period last year. The operating profit margin worsened from 6.0% in the same period last year to 3.4%.

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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 40,811 2,271 3,107 2,538 307.3 60 May 10, 2024 J-GAAP
Mar, 2025 43,185 2,600 2,849 2,194 270.8 90 May 9, 2025 J-GAAP
Mar, 2026 43,128 2,311 2,742 1,986 253.2 95 May 12, 2026 J-GAAP
YoY -0.1% -11.1% -3.8% -9.5% -6.5%

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 42,300 2,100 2,100 1,600 203.9 90 Nov 10, 2025 J-GAAP
Mar, 2026 Results 43,128 2,311 2,742 1,986 253.2 95 May 12, 2026 J-GAAP
Revision Rate +2.0% +10.0% +30.6% +24.1% +24.1%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 20,633 1,318 1,373 1,051 134.0 0 Nov 10, 2025 J-GAAP
Apr - Sep, 2026 Guidance ー ー ー ー － 47.50 May 12, 2026 J-GAAP
YoY － － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 43,185 2,600 2,849 2,194 270.8 90 May 9, 2025 J-GAAP
Mar, 2026 43,128 2,311 2,742 1,986 253.2 95 May 12, 2026 J-GAAP
Mar, 2027 Guidance 47,000 1,800 1,600 1,200 153.0 95 May 12, 2026 J-GAAP
YoY +9.0% -22.1% -41.6% -39.6% -39.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 10,912 652 515 393 48.5 6.0 May 9, 2025 J-GAAP
Apr - Jun, 2025 10,094 649 507 257 32.8 6.4 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 10,539 669 866 794 101.2 6.3 Nov 10, 2025 J-GAAP
Oct - Dec, 2025 11,431 616 863 624 79.5 5.4 Feb 9, 2026 J-GAAP
Jan - Mar, 2026 11,064 377 506 311 39.6 3.4 May 12, 2026 J-GAAP
YoY +1.4% -42.2% -1.7% -20.9% -18.3%

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