Announcement • Jun 25
Hokuriku Electric Power Company to Report Q1, 2027 Results on Jul 29, 2026 Hokuriku Electric Power Company announced that they will report Q1, 2027 results on Jul 29, 2026 Announcement • Apr 28
Hokuriku Electric Power Company, Annual General Meeting, Jun 25, 2026 Hokuriku Electric Power Company, Annual General Meeting, Jun 25, 2026. Announcement • Apr 21
Hokuriku Electric Power Company to Report Fiscal Year 2026 Results on Apr 28, 2026 Hokuriku Electric Power Company announced that they will report fiscal year 2026 results on Apr 28, 2026 Announcement • Dec 23
Hokuriku Electric Power Company to Report Q3, 2026 Results on Jan 29, 2026 Hokuriku Electric Power Company announced that they will report Q3, 2026 results on Jan 29, 2026 Announcement • Sep 26
Hokuriku Electric Power Company to Report Q2, 2026 Results on Oct 30, 2025 Hokuriku Electric Power Company announced that they will report Q2, 2026 results on Oct 30, 2025 Announcement • Jun 26
Hokuriku Electric Power Company to Report Q1, 2026 Results on Jul 30, 2025 Hokuriku Electric Power Company announced that they will report Q1, 2026 results on Jul 30, 2025 Announcement • Apr 28
Hokuriku Electric Power Company, Annual General Meeting, Jun 26, 2025 Hokuriku Electric Power Company, Annual General Meeting, Jun 26, 2025. Announcement • Mar 26
Hokuriku Electric Power Company to Report Fiscal Year 2025 Results on Apr 28, 2025 Hokuriku Electric Power Company announced that they will report fiscal year 2025 results on Apr 28, 2025 Announcement • Jan 03
Hokuriku Electric Power Company to Report Q3, 2025 Results on Jan 30, 2025 Hokuriku Electric Power Company announced that they will report Q3, 2025 results on Jan 30, 2025 New Risk • Nov 02
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 21% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (21% operating cash flow to total debt). Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: JP¥85.17 (vs JP¥99.52 in 2Q 2024) Second quarter 2025 results: EPS: JP¥85.17 (down from JP¥99.52 in 2Q 2024). Revenue: JP¥232.7b (up 8.3% from 2Q 2024). Net income: JP¥17.8b (down 14% from 2Q 2024). Profit margin: 7.6% (down from 9.7% in 2Q 2024). Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Sep 26
Hokuriku Electric Power Company to Report Q2, 2025 Results on Oct 30, 2024 Hokuriku Electric Power Company announced that they will report Q2, 2025 results on Oct 30, 2024 New Risk • Aug 02
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Aug 01
First quarter 2025 earnings released: EPS: JP¥127 (vs JP¥146 in 1Q 2024) First quarter 2025 results: EPS: JP¥127 (down from JP¥146 in 1Q 2024). Revenue: JP¥187.6b (down 2.8% from 1Q 2024). Net income: JP¥26.4b (down 13% from 1Q 2024). Profit margin: 14% (down from 16% in 1Q 2024). Revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. New Risk • Jul 05
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Announcement • Jun 27
Hokuriku Electric Power Company to Report Q1, 2025 Results on Jul 30, 2024 Hokuriku Electric Power Company announced that they will report Q1, 2025 results on Jul 30, 2024 Reported Earnings • May 01
Full year 2024 earnings released: EPS: JP¥272 (vs JP¥424 loss in FY 2023) Full year 2024 results: EPS: JP¥272 (up from JP¥424 loss in FY 2023). Revenue: JP¥808.2b (down 1.1% from FY 2023). Net income: JP¥56.8b (up JP¥145.3b from FY 2023). Profit margin: 7.0% (up from net loss in FY 2023). Revenue is forecast to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Mar 27
Hokuriku Electric Power Company to Report Fiscal Year 2024 Results on Apr 30, 2024 Hokuriku Electric Power Company announced that they will report fiscal year 2024 results on Apr 30, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥43.89 (vs JP¥180 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥43.89 (up from JP¥180 loss in 3Q 2023). Revenue: JP¥185.8b (down 9.5% from 3Q 2023). Net income: JP¥9.16b (up JP¥46.7b from 3Q 2023). Profit margin: 4.9% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Revenue is expected to fall by 1.5% p.a. on average during the next 3 years compared to a 3.0% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥43.89 (vs JP¥180 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥43.89 (up from JP¥180 loss in 3Q 2023). Revenue: JP¥185.8b (down 9.5% from 3Q 2023). Net income: JP¥9.16b (up JP¥46.7b from 3Q 2023). Profit margin: 4.9% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Revenue is expected to fall by 1.5% p.a. on average during the next 3 years compared to a 3.0% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Dec 27
Hokuriku Electric Power Company to Report Q3, 2024 Results on Jan 31, 2024 Hokuriku Electric Power Company announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥99.52 (vs JP¥138 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥99.52 (up from JP¥138 loss in 2Q 2023). Revenue: JP¥214.9b (up 1.7% from 2Q 2023). Net income: JP¥20.8b (up JP¥49.7b from 2Q 2023). Profit margin: 9.7% (up from net loss in 2Q 2023). Revenue is expected to fall by 1.7% p.a. on average during the next 3 years compared to a 4.8% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Buying Opportunity • Oct 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 7.1%. The fair value is estimated to be €5.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. Announcement • Sep 27
Hokuriku Electric Power Company to Report Q2, 2024 Results on Oct 31, 2023 Hokuriku Electric Power Company announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Jul 30
First quarter 2024 earnings released: EPS: JP¥146 (vs JP¥44.48 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥146 (up from JP¥44.48 loss in 1Q 2023). Revenue: JP¥193.0b (up 18% from 1Q 2023). Net income: JP¥30.4b (up JP¥39.7b from 1Q 2023). Profit margin: 16% (up from net loss in 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.4% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance. Announcement • Jun 28
Hokuriku Electric Power Company to Report Q1, 2024 Results on Jul 28, 2023 Hokuriku Electric Power Company announced that they will report Q1, 2024 results on Jul 28, 2023 Reported Earnings • Apr 30
Full year 2023 earnings released: JP¥424 loss per share (vs JP¥32.60 loss in FY 2022) Full year 2023 results: JP¥424 loss per share (further deteriorated from JP¥32.60 loss in FY 2022). Revenue: JP¥817.6b (up 33% from FY 2022). Net loss: JP¥88.4b (loss widened JP¥81.6b from FY 2022). Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 4.6% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 01
Third quarter 2023 earnings released: JP¥180 loss per share (vs JP¥55.98 loss in 3Q 2022) Third quarter 2023 results: JP¥180 loss per share (further deteriorated from JP¥55.98 loss in 3Q 2022). Revenue: JP¥205.3b (up 38% from 3Q 2022). Net loss: JP¥37.6b (loss widened 222% from 3Q 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Announcement • Dec 26
Hokuriku Electric Power Company to Report Q3, 2023 Results on Jan 30, 2023 Hokuriku Electric Power Company announced that they will report Q3, 2023 results on Jan 30, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. External Independent Director Tateki Ataka was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Second quarter 2023 earnings released: JP¥138 loss per share (vs JP¥8.26 profit in 2Q 2022) Second quarter 2023 results: JP¥138 loss per share (down from JP¥8.26 profit in 2Q 2022). Revenue: JP¥211.4b (up 42% from 2Q 2022). Net loss: JP¥28.9b (down JP¥30.6b from profit in 2Q 2022). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Announcement • Sep 24
Hokuriku Electric Power Company to Report Q2, 2023 Results on Oct 27, 2022 Hokuriku Electric Power Company announced that they will report Q2, 2023 results on Oct 27, 2022 Reported Earnings • Jul 31
First quarter 2023 earnings released: JP¥44.48 loss per share (vs JP¥18.60 profit in 1Q 2022) First quarter 2023 results: JP¥44.48 loss per share (down from JP¥18.60 profit in 1Q 2022). Revenue: JP¥163.6b (up 34% from 1Q 2022). Net loss: JP¥9.29b (down 339% from profit in 1Q 2022). Over the next year, revenue is forecast to grow 2.5% while the industry in Germany is not expected to grow. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 29
Full year 2022 earnings released: JP¥32.60 loss per share (vs JP¥32.73 profit in FY 2021) Full year 2022 results: JP¥32.60 loss per share (down from JP¥32.73 profit in FY 2021). Revenue: JP¥613.8b (down 4.0% from FY 2021). Net loss: JP¥6.81b (down 200% from profit in FY 2021). Over the next year, revenue is forecast to grow 7.4%, compared to a 4.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. External Independent Director Tateki Ataka was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Hokuriku Electric Power Company to Report Fiscal Year 2022 Results on Apr 27, 2022 Hokuriku Electric Power Company announced that they will report fiscal year 2022 results on Apr 27, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (4.2%). Reported Earnings • Feb 02
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: JP¥55.98 loss per share (down from JP¥32.43 loss in 3Q 2021). Revenue: JP¥149.2b (up 6.0% from 3Q 2021). Net loss: JP¥11.7b (loss widened 73% from 3Q 2021). Revenue exceeded analyst estimates by 24%. Over the next year, revenue is expected to shrink by 2.8% compared to a 9.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 29
Second quarter 2022 earnings released: EPS JP¥8.26 (vs JP¥28.70 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥149.3b (down 6.8% from 2Q 2021). Net income: JP¥1.73b (down 71% from 2Q 2021). Profit margin: 1.2% (down from 3.7% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.9%). Reported Earnings • Jul 31
First quarter 2022 earnings released: EPS JP¥18.60 (vs JP¥53.78 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥122.3b (down 17% from 1Q 2021). Net income: JP¥3.88b (down 65% from 1Q 2021). Profit margin: 3.2% (down from 7.6% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • May 01
Full year 2021 earnings released: EPS JP¥32.73 (vs JP¥64.34 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥639.4b (up 1.8% from FY 2020). Net income: JP¥6.83b (down 49% from FY 2020). Profit margin: 1.1% (down from 2.1% in FY 2020). The decrease in margin was driven by higher expenses. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.6%). Is New 90 Day High Low • Feb 26
New 90-day low: €5.05 The company is down 17% from its price of €6.05 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.36 per share. Reported Earnings • Jan 30
Third quarter 2021 earnings released: JP¥32.43 loss per share (vs JP¥18.31 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥140.8b (down 4.8% from 3Q 2020). Net loss: JP¥6.77b (down 277% from profit in 3Q 2020). Analyst Estimate Surprise Post Earnings • Jan 30
Revenue beats expectations Revenue exceeded analyst estimates by 2.2%. Over the next year, revenue is expected to shrink by 4.5% compared to a 14% growth forecast for the Electric Utilities industry in Germany. Announcement • Dec 29
Hokuriku Electric Power Company to Report Q3, 2021 Results on Jan 28, 2021 Hokuriku Electric Power Company announced that they will report Q3, 2021 results on Jan 28, 2021 Is New 90 Day High Low • Dec 23
New 90-day low: €5.10 The company is down 19% from its price of €6.30 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.27 per share. Is New 90 Day High Low • Dec 01
New 90-day low: €5.80 The company is down 4.0% from its price of €6.05 on 02 September 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.94 per share. Analyst Estimate Surprise Post Earnings • Nov 04
Revenue beats expectations Revenue exceeded analyst estimates by 3.4%. Over the next year, revenue is expected to shrink by 5.5% compared to a 17% growth forecast for the Electric Utilities industry in Germany. Reported Earnings • Nov 01
First half earnings released Over the last 12 months the company has reported total profits of JP¥19.9b, up 473% from the prior year. Total revenue was JP¥625.0b over the last 12 months, largely unchanged from the prior year. Announcement • Oct 10
Hokuriku Electric Power Company to Report Q2, 2021 Results on Oct 29, 2020 Hokuriku Electric Power Company announced that they will report Q2, 2021 results on Oct 29, 2020