Hokuriku Electric Power Company Overview and Operations

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Credit: pexels.com, An industrial power station under a clear sky, showcasing electrical infrastructure and technology.

Hokuriku Electric Power Company is a major player in Japan's electricity industry. It was established in 1951 and is headquartered in Kanazawa, Ishikawa Prefecture.

The company operates in the Hokuriku region, which includes the prefectures of Ishikawa, Fukui, and Toyama. It provides electricity to over 2.5 million households and businesses.

Hokuriku Electric Power Company is responsible for generating, transmitting, and distributing electricity to its customers. It has a strong focus on safety and reliability, with a goal of providing electricity to its customers at all times.

The company's operations are guided by a commitment to environmental sustainability and social responsibility.

Operations

Hokuriku Electric Power Company operates a significant number of thermal power stations, providing a substantial portion of its generating capacity.

The company's thermal power stations have a total generating capacity of 4,400 MW, spread across six fossil fuel-powered stations. This is a major contributor to the company's overall power generation.

Here are the details of Hokuriku Electric Power Company's thermal power stations:

  • Fukui Thermal Power Station - 250 MW (Unit 1 stopped in 2004)
  • Nanao Ota Thermal Power Station - 1,200 MW
  • Toyama Thermal Power Station - 250 MW (Unit 2 stopped in 2001 and units 1 and 3 stopped in 2004)
  • Toyama II - 1,500 MW
  • Tsuruga Thermal Power Station - 1,200 MW

Renewables

Credit: youtube.com, Renewable Energy: Wind Operations Animated Graphic

Rikuden generates a small portion of its electricity from renewable sources, with a total capacity of 7 MW across 5 sites.

Rikuden's renewable energy capacity is a relatively small part of its overall operations.

Here are the details of Rikuden's renewable energy sites:

  • No specific details are provided about the 5 sites in the article.

Operations

Hokuriku Electric Power Company has a significant presence in Japan's energy sector. They operate several thermal power stations, including the Nanao Ota Thermal Power Station with a generating capacity of 1,200 MW.

The company has been involved in various nuclear operations, with Kansai Electric shutting down the Takahama No.1 reactor on September 30. This is not an isolated incident, as they have also shut down other reactors in the past, such as the Toyama Thermal Power Station's Unit 2 in 2001.

Hokuriku Electric has also been working on new projects, including the construction of a 600-MW gas-fired power plant in the north. This project was announced on April 28, and it's a significant step towards increasing the company's generating capacity.

Here's an interesting read: Company Close down Compensation

Stunning lightning bolts illuminate a stormy night sky over silhouetted power lines.
Credit: pexels.com, Stunning lightning bolts illuminate a stormy night sky over silhouetted power lines.

Here are some key facts about Hokuriku Electric's thermal power stations:

The company has also been involved in a trust arrangement, which led to their subsidiary turning into an affiliate on August 22. This move is part of a broader effort to restructure the company's operations and improve its financial performance.

Sales and Services

Hokuriku Electric Power Company's sales have shown some fluctuations over the years. In 2021, the company's sales from Power Generation / Sales Business were 575 billion yen.

The company's sales from Power Transmission and Distribution Business have been relatively stable, ranging from 176 billion yen in 2021 to 232 billion yen in 2023.

Here's a breakdown of the company's sales by activity:

The company's sales from Unallocated Adjustment have been consistently negative, ranging from -217 billion yen in 2021 to -284 billion yen in 2025.

Sales by Activity

Sales by Activity is a crucial aspect of a company's financial performance. Hokuriku Electric Power Company's sales by activity reveal some interesting trends.

Low angle view of power lines and transformers against a clear blue sky, depicting modern electricity infrastructure.
Credit: pexels.com, Low angle view of power lines and transformers against a clear blue sky, depicting modern electricity infrastructure.

Their Power Generation / Sales Business has shown a fluctuating pattern, with sales amounting to 575 billion yen in 2021, decreasing to 551 billion yen in 2022, then jumping to 749 billion yen in 2023, followed by a slight decrease to 733 billion yen in 2024, and finally increasing to 767 billion yen in 2025.

The Power Transmission and Distribution Business has seen a steady increase, with sales rising from 176 billion yen in 2021 to 181 billion yen in 2022, then to 232 billion yen in 2023, decreasing to 204 billion yen in 2024, and finally increasing to 221 billion yen in 2025.

Unallocated Adjustment has consistently been a negative factor, with the company incurring a loss of 217 billion yen in 2021, 237 billion yen in 2022, 294 billion yen in 2023, 272 billion yen in 2024, and 284 billion yen in 2025.

Other business activities have been steadily increasing, with sales rising from 107 billion yen in 2021 to 119 billion yen in 2022, 131 billion yen in 2023, 144 billion yen in 2024, and finally reaching 154 billion yen in 2025.

Here's a summary of Hokuriku Electric Power Company's sales by activity for the given period:

Sales by Geography

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Credit: pexels.com, Scenery of contemporary electric power transmission lines located against picturesque sunset sky in evening countryside

Sales by Geography is an important aspect of Hokuriku Electric Power Company's business. The company's sales have been steadily increasing in Japan over the past few years.

In the fiscal period of 2021, Hokuriku Electric Power Company's sales in Japan were 639 billion yen. This number decreased slightly in 2022 to 614 billion yen.

However, in 2023, the company's sales in Japan experienced a significant boost, reaching 818 billion yen. This trend continued into 2024, with sales reaching 808 billion yen.

The company's sales in Japan have been steadily increasing, with a notable increase in 2023.

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Governance

The Hokuriku Electric Power Company has a well-established governance structure in place. Koji Matsuda serves as the CEO, a position he has held for an unspecified amount of time.

Wataru Hirata, a Corporate Officer/Principal, has been with the company since 2018-05-31. Yutaka Kanai, the Chairman, has been in this role since 2021-06-24. Tateki Ataka and Eishin Ihori also serve as Directors/Board Members, with Ataka joining in 2017-05-31 and Ihori in 2023-05-31.

Here's a brief overview of the key governance figures:

The company's governance structure plays a crucial role in shaping its overall strategy and direction.

Financials

Electricity pole and power lines against a vibrant blue sky with fluffy clouds.
Credit: pexels.com, Electricity pole and power lines against a vibrant blue sky with fluffy clouds.

Hokuriku Electric Power Company's financial data is available in various formats, including valuation metrics and enterprise value. The company's capitalization is listed in billions of yen, ranging from 981 million to 187 billion.

The company's P/E ratio is projected to be 4.36x in 2026 and 5.65x in 2027. The enterprise value is also listed, ranging from 5.38 billion to 1.102 trillion yen.

Here is a breakdown of the company's valuation metrics:

The free-float of the company's shares is 86.99%, indicating a high level of liquidity.

Financials

Hokuriku Electric Power Company's financials are a crucial aspect of its operations. The company's capitalization has fluctuated over time, with a high of 187B and a low of 913M.

The company's P/E ratio has also varied, with a 2026 estimate of 4.36x and a 2027 estimate of 5.65x.

Enterprise value has also seen significant changes, with a high of 11.54B and a low of 5.38B.

The free float of the company's shares is 86.99%, indicating a relatively high level of liquidity.

The company's yield has also been increasing, with a 2026 estimate of 2.52% and a 2027 estimate of 2.93%.

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Chart

Credit: youtube.com, How To Read A Stock Chart | Investing For Complete Beginners

The chart provided by Hokuriku Electric Power Company shows some interesting trends in their financials.

Looking at the 1-year data, the company's stock price has fluctuated between 673.5 and 1,118.

A significant drop in stock price is evident in the current year, with a value of 673.5.

Over the past decade, the stock price has increased from 433 to 1,843.

Here's a breakdown of the company's stock price over the past decade:

The company's stock price has seen a steady increase over the past decade, with a significant jump in the last 3 years.

Ownership and Holdings

Hokuriku Electric Power Company has a diverse range of holdings, with various companies owning a significant stake in the company.

CCI GROUP, INC. holds the largest stake in Hokuriku Electric Power Company, with 28.58% of the company's equities.

HOKURIKU ELECTRICAL CONSTRUCTION CO.,LTD. is the second-largest shareholder, owning 46.81% of the company's equities.

The other notable shareholders include HOKUHOKU FINANCIAL GROUP, INC. with 1.79%, MIZUHO FINANCIAL GROUP, INC. with 0.04%, and MITSUBISHI UFJ FINANCIAL GROUP, INC. with 0.02%.

Here are the top shareholders of Hokuriku Electric Power Company:

Hokuriku Electric Power Company's valuation is substantial, with a total valuation of $281,184,354.

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Abraham Lebsack

Lead Writer

Abraham Lebsack is a seasoned writer with a keen interest in finance and insurance. With a focus on educating readers, he has crafted informative articles on critical illness insurance, providing valuable insights and guidance for those navigating complex financial decisions. Abraham's expertise in the field of critical illness insurance has allowed him to develop comprehensive guides, breaking down intricate topics into accessible and actionable advice.

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