TSE:9505Electric Utilities
Hokuriku Electric Power (TSE:9505) Valuation After Profit Guidance Cut And Mikuni Unit 1 Abolition
Hokuriku Electric Power (TSE:9505) cut its profit outlook for the year ending March 31, 2026, after deciding to abolish the Fukui Thermal Power Station Mikuni Unit 1 and recognize related impairment losses.
See our latest analysis for Hokuriku Electric Power.
The board’s decision on Mikuni Unit 1 and the resulting downgrade to profit guidance comes against a backdrop of a 13.31% 90 day share price return and a 94.79% 3 year total shareholder return. This suggests recent momentum has built on...