Hokkaido Electric stock gains on frozen power rates

Published on 09/22/2026 at 02:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hokkaido Electric stock closed at JPY 1,156.0 on September 17, 2026, with volume at 2,758,800 shares. Market cap stood at JPY 242.203 billion and PER at 5.42x.

Hokkaido Electric, JP3820200003, Illustration mit AI erstellt.

Hokkaido Electric stock (ISIN JP3820200003) closed at JPY 1,156.0 on September 17, 2026, with volume of 2,758,800 shares and a market capitalization of JPY 242.203 billion. The market backdrop is tied to a frozen fourth-quarter electricity rate decision in South Korea, where YNA reported on September 21, 2026, that KEPCO will keep electricity rates unchanged in the fourth quarter despite higher costs.

Valuation stays lean

At the same time, the stock traded on a PER of 5.42x and a PBR of 0.53x, according to the market snapshot on Minkabu. The same page put the opening price at JPY 1,163.5 and the intraday range at JPY 1,122.0 to JPY 1,165.0 on the September 17, 2026 trading day.

Utilities remain in play

Minkabu describes Hokkaido Electric as a utility focused on nuclear and coal-fired power, with winter demand as a key feature and three nuclear reactors still offline while restart efforts continue. That mix leaves investors watching fuel costs, restart timing and the gap between a low multiple and a still fragile operating setup.