Hokkaido Electric Power Subsidiary HOKKAIDENKO Beats Forecasts With Strong FY2026 Earnings

An announcement from Hokkaido Electric Power Company,Incorporated ( (JP:9509) ) is now available.

Hokkaido Electric Power said its subsidiary HOKKAIDENKO CORPORATION reported stronger-than-expected results for the fiscal year ended March 31, 2026, with operating revenue, operating income, ordinary income and profit attributable to owners of parent all exceeding forecasts announced in January. The utility stressed that the upside at HOKKAIDENKO will have only a minimal effect on its own consolidated earnings, suggesting limited near-term changes for shareholders of the parent despite the subsidiary’s improved performance.

HOKKAIDENKO’s operating revenue reached ¥72.445 billion, about 2.3% above its earlier forecast, while operating income rose roughly 25.6% versus guidance and profit attributable to owners of parent climbed about 32.3%. Compared with the prior fiscal year, the subsidiary also posted solid year-on-year growth in sales and profits, underscoring operational momentum in its business even as the parent company frames the impact on group-level figures as marginal.

The most recent analyst rating on (JP:9509) stock is a Buy with a Yen2400.00 price target. To see the full list of analyst forecasts on Hokkaido Electric Power Company,Incorporated stock, see the JP:9509 Stock Forecast page.

More about Hokkaido Electric Power Company,Incorporated

Hokkaido Electric Power Company, Incorporated is a Japanese utility supplying electricity to the Hokkaido region, operating within the regulated power and broader energy infrastructure sector. Its operations and financial performance are closely tied to regional demand, regulatory frameworks, and the results of its consolidated subsidiaries, including engineering and construction arm HOKKAIDENKO CORPORATION.

Average Trading Volume: 3,925,810

Technical Sentiment Signal: Buy

Current Market Cap: Yen203.8B

See more data about 9509 stock on TipRanks’ Stock Analysis page.