Energy Utilities

Hokuriku Electric Power Company

Hokuriku Electric Posts Decline in Profit and Revenue for FY2026

9505

Hokuriku Electric Power (TSE:9505) has cut its profit outlook for the fiscal year ending March 31, 2026, following the decision to abolish the Mikuni Unit 1 and recognize impairment losses. Despite a strong share price performance, the company’s P/E ratio of 3.2x suggests it may be undervalued compared to peers. However, forecasts indicate a decline in earnings, leading to mixed signals about its valuation. A DCF analysis suggests a fair value of ¥729.57 per share, indicating potential overvaluation at the current price of ¥1,107.

Simplywall

Hokuriku Electric Power (TSE:9505) Valuation After Profit Guidance Cut And Mikuni Unit 1 Abolition

Hokuriku Electric Lowers Profit Outlook After Fukui Thermal Plant Decision

Tip Ranks

Hokuriku Electric Lowers Profit Outlook After Fukui Thermal Plant Decision

Hokuriku Electric to Retire Aging Fukui Thermal Unit, Book ¥8.5 Billion Loss

Hokuriku Electric to Retire Aging Fukui Thermal Unit, Book ¥8.5 Billion Loss

7696

9501

9506

The Delhi government is set to increase electricity rates from April to clear pending dues of over ₹38,000 crore to three power discoms. A subsidy will be provided to mitigate the impact on consumers. The Supreme Court mandated the payment of regulatory assets, which have surged due to a decade without tariff hikes. The total regulatory assets amount to ₹38,552 crore, with significant portions owed to BRPL, BYPL, and TPDDL. Recovery will likely occur through a surcharge on electricity bills over seven years, as directed by the court.

Business Standard

Energy Power Co., Ltd.

Tokyo Electric Power Company Holdings, Incorporated

Tohoku Electric Power Company, Incorporated

Delhi power rates may rise in April as govt prepares to clear discom dues

9507

9508

Shikoku Electric Power Company has completed a buyback of 1,864,000 shares for approximately ¥3.22 billion, finalizing its treasury share acquisition program. This buyback, slightly below the approved limit, aims to mitigate short-term supply-demand pressure and enhance capital efficiency in response to a corporate shareholder's decision to unwind cross-shareholdings. The move is part of a broader strategy to stabilize share price dynamics and signal a commitment to shareholder-focused capital allocation amid Japan's efforts to reduce cross-shareholdings.

Shikoku Electric Power Company, Incorporated

Kyushu Electric Power Company,Incorporated

Shikoku Electric Completes Targeted Share Buyback to Offset Cross-Shareholding Unwind

Hokuriku Electric Power Company(9505.JP)

Hokuriku Electric Power (TSE:9505) Valuation After Profit Guidance Cut And Mikuni Unit 1 Abolition

Hokuriku Electric Lowers Profit Outlook After Fukui Thermal Plant Decision

Hokuriku Electric to Retire Aging Fukui Thermal Unit, Book ¥8.5 Billion Loss

Delhi power rates may rise in April as govt prepares to clear discom dues

Shikoku Electric Completes Targeted Share Buyback to Offset Cross-Shareholding Unwind