Hokuriku Electrical Construction Co., Ltd.

Hokuriku Electrical Construction Co., Ltd.

TTSE:1930
1,487.00
JPY
+8.00
(+0.54%)
33.98BMarket Cap
Oct 28Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1,493.12
1,540.98
1,628.34
1,538.38
1,507.41
1,562.17
1,783.85
1,603.6
1,640.78
1,602.19
1,907.69
1,987.16
2,203.32
- -
Basic EPS, GAAP
77.57
97.81
112.16
114.46
117.32
99.57
111.68
113.43
80.24
58.16
78.92
113.89
139.72
- -
Free Cash Flow per Basic Share
-9.63
96.63
49.72
122.64
86.27
112.04
113.82
107.17
-56.16
66.2
52.66
256.94
1.05
- -
Dividend per Share
6.6
8.25
9.93
11.57
13.25
14.9
19.86
20.72
33.12
29.8
43.66
42.1
46.79
- -
Book Value per Share
716.33
801.76
902.49
1,005.94
1,111.33
1,192.04
1,281.99
1,373.48
1,423.99
1,454.61
1,495.65
1,568.17
1,675.63
- -
Tangible Book Value per Share
714.22
800.69
901.53
1,004.77
1,110.18
1,190.97
1,280.85
1,370.73
1,420.74
1,433.93
1,413.55
1,499.07
1,617.85
- -
Basic Weighted Avg Shares
28
28
28
28
28
28
28
28
28
28
28
28
28
28
Sales/Revenue/Turnover
41,848
43,169
45,585
43,063
42,196
43,727
49,932
44,888
45,927
44,846
53,397
55,607
61,028
- -
Operating Margin (%)
7.69
9.73
9.95
10.64
10.39
9.31
9.55
8.59
6.88
5.26
6.41
7.83
8.39
- -
Depreciation Expense
506
626
714
783
826
878
847
895
927
1,011
1,206
1,278
1,241
- -
Net Income, GAAP
2,174
2,740
3,140
3,204
3,284
2,787
3,126
3,175
2,246
1,628
2,209
3,187
3,870
- -
Effective Tax Rate (%)
37.71
36.98
33.61
28.87
28.71
32.01
32.4
31.05
31.75
34.83
35.77
31.79
28.91
- -
Profit Margin (%)
5.19
6.35
6.89
7.44
7.78
6.37
6.26
7.07
4.89
3.63
4.14
5.73
6.34
- -
Working Capital
11,650
13,676
16,404
19,645
22,026
22,820
24,966
27,436
27,341
26,071
26,224
26,350
27,782
- -
LT Debt
472
365
224
103
10
22
27
14
14
6
179
232
213
- -
Total Equity
20,074
22,450
25,264
28,160
31,110
33,368
35,886
38,447
39,859
40,716
41,863
43,892
46,084
- -
Return on Invested Capital (%)
9.56
11.45
11.81
11.6
10.15
8.31
8.99
6.94
5.4
3.74
5.18
6.69
7.81
- -
Return on Capital (%)
10.9
12.45
12.9
11.87
11.03
8.63
9.02
8.54
5.73
4.04
5.33
7.38
8.55
- -
Return on Common Equity (%)
11.42
12.89
13.16
11.99
11.08
8.64
9.03
8.54
5.74
4.04
5.35
7.43
8.6
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'25
Mar'25
Jun'26
ST Debt
95
98
- -
LT Borrowings
99
74
- -
LT Finance Leases
- -
158
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
28
28
28
Market Capitalization
33,783
33,979
32,887

Working Capital

JPY

•

in mil. unless spec.
Sep'25
Mar'25
Jun'26
Total Current Assets
37,239
39,658
- -
Cash, Cash Equivalents & STI
20,105
23,350
- -
Accounts Receivable, Net
15,324
14,948
- -
Inventories
1,128
1,081
- -
Total Current Liabilities
11,244
13,308
- -
Payables & Accruals
- -
- -
- -
ST Debt
95
98
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.24%
3.7%
4.99%
Free Cash Flow
4%
-20.51%
-99.6%
Net Income, GAAP
4.78%
8.92%
21.43%
Sales/Revenue/Turnover
3.31%
6.58%
9.75%
Total Cash Common Dividend
18.39%
20.55%
10.02%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
55,607
2026
- -
- -
- -
- -
61,028
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
113.89
2026
- -
- -
- -
- -
139.72
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
42.1
2026
- -
- -
- -
- -
46.79
2027
- -
- -
- -
- -
- -

Company Description

CEO
Isashi Yamazaki
Full Time Employees
1,354
Sector
Industrial services
Industry
Engineering & construction
Address
269, Konaka Toyama Japan 939-8571
IPO Date
Nov 1, 1986
Business
Hokuriku Electrical Construction Co., Ltd. operates as a Japan-based engineering and construction firm primarily engaged in equipment construction services for power supply, telecommunications, and related infrastructure. Established on October 1, 1944 and headquartered at 269 Konaka, Toyama City, Toyama Prefecture, the company provides electrical construction for power distribution and transmission facilities; power equipment installation; telecommunications work; air-conditioning, piping, water supply, and firefighting systems; civil engineering; steel structure fabrication; plumbing; pavement; scaffolding and earthwork; and painting services, while also offering real estate leasing. It primarily serves customers in the Hokuriku region of Japan with a workforce of 1,308 employees as of April 1, 2025, generating consolidated revenues of ¥47,566 million for the fiscal year ended March 2025, and maintains a close affiliate relationship with Hokuriku Electric Power Company, its largest shareholder holding nearly 50% of voting rights. In recent developments, the company agreed to acquire Nikken Corporation for ¥3 billion in November 2023 to expand its construction capabilities; resolved at its March 28, 2025 Board meeting to adjust strategic shareholdings based on construction orders and benefits; and advanced sustainability efforts including solar power generation facilities that reduced CO2 emissions by 4,065 tons in FY2024, alongside plans to electrify its vehicle fleet by FY2030 and leverage local 5G for remote control systems at its Technical Development Center. Hokuriku Electrical Construction lists on the Prime Market of the Tokyo Stock Exchange under ticker 1930 and employs approximately 1,330 people, focusing on labor-intensive facility construction while pursuing mergers, overseas expansion, and new business lines under its Medium-Term Business Plan dubbed Action Plan 2027.