TSE:6989Electronic
Hokuriku Electric Industry (TSE:6989) Stock Caught Between Revenue Growth And Profit Erosion
Hokuriku Electric Industry Ltd went into this print with a stock that had already slipped over the past month and quarter, and the new numbers did little to change that mood. The shares closed at ¥2,310 on the day of the release, while Q1 2027 earnings showed revenue of ¥11,497m but a much thinner profit line.
The headline this quarter is margin pressure. Basic earnings per share for Q1 dropped to ¥22.31 and net income was ¥175m, which is a clear comedown from recent quarters. For an...