Hokkaido Electric Power Company, Incorporated [9509.T]
TOKYO, Apr 24 (Pulse News Wire) – Hokkaido Electric Power Company,incorporated (9509.T) revised its fiscal year 2025 consolidated performance forecast, reflecting recent trends. The company expects sales to decrease to approximately ¥8.67 billion compared to the previously estimated ¥8.78 billion due to reduced heating demand during winter months.
However, operating profit is anticipated to rise to ¥590 million from ¥570 million, driven by cost reduction efforts and delayed expenses. The revised forecast also projects a decline in total electricity sales volume to around ¥34.1 billion kWh, down from the earlier estimate of ¥34.6 billion kWh.
Despite this, ordinary profit is expected to increase to ¥430 million from ¥400 million, primarily due to lower operational costs and improved efficiency measures. As a result, net income attributable to parent shareholders is forecast to grow to ¥280 million from ¥260 million.
The company plans to release its full-year earnings statement on April 28, 2026.
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