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Hokuriku Electric Industry Reports Increased Sales and Improved Financial Position

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Hokuriku Electric Industry Reports Increased Sales and Improved Financial Position

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An update from Hokuriku Electric Industry Co., Ltd. ( (JP:6989) ) is now available.

Hokuriku Electric Industry Co., Ltd. reported a 5.8% increase in net sales to 43,185 million yen for the fiscal year ending March 2025, with operating profit rising by 14.5% to 2,600 million yen. Despite a decrease in ordinary profit and profit attributable to owners of the parent, the company improved its capital adequacy ratio to 52.6%, indicating a stronger financial position. These results suggest a positive trajectory in operational efficiency and financial stability, potentially enhancing its market competitiveness.

More about Hokuriku Electric Industry Co., Ltd.

Hokuriku Electric Industry Co., Ltd. operates in the general business category and is listed on the Tokyo Standard stock exchange. The company is involved in the electric industry, focusing on the production and distribution of electric components and systems.

Average Trading Volume: 49,452

Technical Sentiment Signal: Buy

Current Market Cap: Yen12.74B

Learn more about 6989 stock on TipRanks’ Stock Analysis page.

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