Hokuriku Electric stock fell as quarterly profit reached JPY 22.2 billion

Published on 10/05/2026 at 22:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hokuriku Electric stock traded at JPY 1,051 on October 5 after fiscal Q1 revenue beat its JPY 182.5 billion forecast. Analysts set a Neutral consensus.

Hokuriku Electric, JP3845400005, Illustration mit AI erstellt.

Hokuriku Electric (ISIN JP3845400005) was last at JPY 1,051 on the Tokyo Stock Exchange on October 5, 2026, down 1.50 percent from the prior close. The latest reported quarter delivered JPY 199.02 billion in revenue and JPY 22.198 billion in net income, keeping earnings at the center of the stock story.

Quarterly revenue beat the forecast

According to Investing.com, Hokuriku Electric reported fiscal Q1 2026 revenue of JPY 199.02 billion, compared with a JPY 182.5 billion forecast. The result was JPY 16.52 billion above that forecast, a difference of 9.1 percent.

The same fiscal Q1 2026 release showed diluted EPS of JPY 106.26 against a JPY 67.20 forecast, while net income reached JPY 22.198 billion. The revenue and earnings figures give the October share-price move a concrete counterweight, although the stock still fell on the latest session.

Profit remains below the prior fiscal year

For fiscal year 2026 ended March 31, 2026, Hokuriku Electric generated JPY 786.6 billion in revenue and JPY 54.5 billion in net income, according to Paasa. Revenue declined 8.4 percent from JPY 858.3 billion in fiscal year 2025, while net income fell 16.4 percent from JPY 65.1 billion.

That comparison matters because the latest quarterly beat sits against a lower full-year earnings base. Hokuriku Electric supplies electricity through generation, transmission and distribution systems in Japan, with hydroelectric, thermal and nuclear power among its generation sources.

Analysts see limited upside

The 12-month consensus on Investing.com is Neutral, based on 3 analysts: 0 Buy ratings, 3 Holds and 0 Sells. The average target is JPY 1,013.3, with a low of JPY 940 and a high of JPY 1,060.

At JPY 1,051, the share price was 3.6 percent above the average target. The target range therefore places the October 5 price near the upper end of published analyst expectations, while the latest quarterly revenue beat supplies a stronger operating benchmark than the consensus label alone.

Hokuriku Electric stock stays below its yearly high

Hokuriku Electric was last at JPY 1,051 on the Tokyo Stock Exchange on October 5, 2026, with volume of 1,205,000 shares and a market capitalization of JPY 219.6 billion. Its 52-week range was JPY 782.20 to JPY 1,179.50, leaving the price 10.9 percent below the high.