Hokuriku Electric Power Company (9505) Earnings: Operating Income Decreases 26.7% YoY to 26.59 Billion Yen

Hokuriku Electric Power Company (9505) released its financial results, reporting operating revenue of 199.019 billion yen, a +7.0% increase compared to the same period of the previous year. However, profit figures experienced declines, with operating income dropping -26.7% YoY to 26.595 billion yen, ordinary income decreasing -18.8% YoY to 29.151 billion yen, and net income attributable to owners of the parent falling -20.7% YoY to 22.198 billion yen.

Regarding the financial structure and valuation metrics, the equity-to-asset ratio stands at 25.1%, with interest-bearing debt at approximately 1,000.96 billion yen and retained earnings totaling 269.09 billion yen. The company reported a Return on Equity (ROE) of 5.34% and a Return on Assets (ROA) of 1.19%, alongside an EBITDA of 26.59 billion yen. Market participants will likely continue to monitor the balance sheet strength and capital efficiency trends moving forward.