Hokkaido Electric Power Subsidiary HOKKAIDENKO Lifts Full-Year Profit Forecast

Hokkaido Electric Power Company,Incorporated ( (JP:9509) ) has provided an update.

Hokkaido Electric Power Company announced that its subsidiary HOKKAIDENKO CORPORATION has sharply revised upward its earnings forecasts for the fiscal year ending March 31, 2026, reflecting stronger-than-expected operating trends. HOKKAIDENKO now expects consolidated net sales of ¥70.8 billion, up 4.7% from the previous forecast, and operating income of ¥3.96 billion, ordinary income of ¥4.15 billion, and profit attributable to owners of parent of ¥2.81 billion, implying profit growth of around 45% versus its prior outlook and exceeding last year’s actual results; non-consolidated forecasts were raised by similar magnitudes. The improved forecast underscores resilient demand in its engineering and construction business and signals a potentially positive contribution to Hokkaido Electric Power’s consolidated results, which the parent plans to disclose once calculations are completed.

The most recent analyst rating on (JP:9509) stock is a Hold with a Yen1333.00 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 is a regional Japanese utility supplying electricity across Hokkaido, with operations that include power generation, transmission and distribution, and related energy services. Its subsidiary HOKKAIDENKO CORPORATION operates in construction and engineering for power and infrastructure projects, generating revenue primarily through electrical and civil engineering works that support the utility and broader infrastructure markets in Hokkaido.

YTD Price Performance: 5.52%

Average Trading Volume: 4,954,596

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen227.7B

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