6989
HOKURIKU ELECTRIC INDUSTRY CO., LTD.
北陸電気工業株式会社
Technology · Electronic Components
Hokuriku Electric Industry Co.,Ltd. engages in the development, manufacturing, and sale of electronic components in Japan and internationally. The company offers force sensors, pressure sensors, pressure sensor module, and humidity sensors element and module; circuit modules; piezoelectric sounder and buzzers; high function chip fixed resistors; chip fixed resistors; and network chip fixed resistors. It also provides metal plate chip fixed resistors; fixed metal film resistors; fixed metal oxide film resistors; chip type cermet trimmer potentiometer and miniature cermet trimmer potentiometers variable resistors; NTC thermistor; tactile switches; and printed circuit boards. The company also provides fixed metal film, fixed metal oxide film, and fixed carbon film resistors; chip type and miniature cermet trimmer potentiometers; glass sealed radial lead, glass sealed axial lead, and epoxy resin coated radial lead thermistors; tactile switches; and printed circuit boards. Its products are used in mobile communication, digital appliance/PC, car electronics, and home electronic applications. The company was incorporated in 1943 and is based in Toyama, Japan.
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Overview
Filings & Signals
Ownership
Financials
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Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥43.2B
¥40.8B
¥45.5B
¥40.4B
Cost of Sales
¥34.6B
¥33.3B
¥37.6B
¥33.5B
Gross Profit
¥8.6B
¥7.5B
¥7.9B
¥7.0B
SG&A
¥6.0B
¥5.3B
¥5.0B
¥4.9B
Operating Income
¥2.6B
¥2.3B
¥2.9B
¥2.1B
Non-Operating Income
¥374M
¥985M
¥787M
¥612M
Dividend Income
¥39M
¥34M
¥32M
¥24M
Interest Income
¥133M
¥100M
¥52M
¥43M
Non-Operating Expenses
¥125M
¥149M
¥147M
¥140M
Interest Expense
¥73M
¥70M
¥61M
¥54M
Ordinary Income
¥2.8B
¥3.1B
¥3.6B
¥2.5B
Pre-tax Income
¥2.8B
¥3.1B
¥1.5B
¥2.5B
Income Taxes
¥573M
¥553M
¥851M
¥552M
Current Tax
¥575M
¥549M
¥574M
¥708M
Deferred Tax
¥-2M
¥3M
¥277M
¥-155M
Net Income (owners)
¥2.2B
¥2.5B
¥647M
¥1.9B
Comprehensive Income
¥3.5B
¥3.6B
¥1.5B
¥2.9B
EBITDA
¥3.6B
¥3.3B
¥4.1B
¥3.2B
Goodwill Amort. (J-GAAP)
—
¥12M
¥25M
¥25M
EPS
¥270.78
¥307.33
¥77.36
¥232.89
Shares Outstanding
7.9M
8.2M
8.4M
8.4M
Shares Issued (total)
8.5M
9.3M
9.3M
9.3M
Treasury Shares
0.5M
1.1M
0.9M
0.9M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥43.2B
¥41.6B
¥43.0B
¥41.0B
Current Assets
¥30.6B
¥29.0B
¥30.1B
¥27.9B
Cash & Deposits
¥11.9B
¥10.1B
¥8.1B
¥7.0B
Trade Receivables
¥8.0B
¥7.1B
¥9.3B
¥10.8B
Non-Current Assets
¥12.6B
¥12.6B
¥12.8B
¥13.1B
PP&E
¥8.5B
¥8.6B
¥8.8B
¥8.8B
Intangible Assets
¥262M
¥274M
¥376M
¥482M
Investment Securities
¥1.4B
¥1.4B
¥1.1B
¥1.1B
Deferred Tax Assets
¥1.0B
¥1.1B
¥1.2B
¥1.5B
Total Liabilities
¥20.5B
¥21.5B
¥25.9B
¥25.0B
Current Liabilities
¥11.3B
¥11.5B
¥15.8B
¥14.8B
Accounts Payable
¥5.8B
¥5.7B
¥7.7B
¥7.5B
ST Debt
¥3.4B
¥3.9B
¥5.7B
¥4.6B
Taxes Payable
¥334M
¥250M
¥295M
¥715M
Non-Current Liabilities
¥9.2B
¥10.0B
¥10.1B
¥10.2B
Total LT Borrowings
¥5.3B
¥5.7B
¥5.4B
¥5.2B
Pension Obligations
¥3.4B
¥3.8B
¥4.0B
¥4.4B
Deferred Tax Liab.
¥0M
¥6M
¥10M
¥4M
Total Equity
¥22.7B
¥20.1B
¥17.1B
¥15.9B
Capital Stock
¥5.2B
¥5.2B
¥5.2B
¥5.2B
Capital Surplus
¥4.0B
¥5.0B
¥5.0B
¥5.0B
Retained Earnings
¥9.7B
¥8.0B
¥5.8B
¥5.5B
Treasury Stock
¥-736M
¥-1.4B
¥-1.2B
¥-1.2B
AOCI
¥4.6B
¥3.3B
¥2.2B
¥1.3B
Equity (owners)
¥18.2B
¥16.8B
¥14.9B
¥14.6B
Total Interest-Bearing Debt ⓘ
¥8.7B
¥9.6B
¥11.1B
¥9.8B
Net Cash ⓘ
¥3.2B
¥536M
¥-3.0B
¥-2.8B
NCAV ⓘ
¥10.1B
¥7.5B
¥4.3B
¥2.9B
NCAV/Share
¥1,279
¥918
¥509
¥341
BV/Share
¥2,288
¥2,060
¥1,778
¥1,746
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥4.1B
¥4.5B
¥629M
¥-909M
Interest Paid
¥-73M
¥-70M
¥-62M
¥-54M
Interest Received
¥172M
¥135M
¥85M
¥68M
D&A
¥1.0B
¥1.0B
¥1.1B
¥1.1B
Goodwill Amort.
—
¥12M
¥25M
¥25M
Investing CF
¥-1.5B
¥-737M
¥-1.0B
¥-1.1B
Purchase Investments
¥-2M
¥-2M
¥-1M
¥-5M
Financing CF
¥-1.9B
¥-2.5B
¥773M
¥23M
Dividends Paid
¥-489M
¥-460M
¥-376M
¥-251M
Share Buybacks
¥-374M
¥-300M
¥-1M
¥-2M
LT Debt Repaid
¥-3.1B
¥-3.0B
¥-3.0B
¥-3.1B
Free Cash Flow
¥4.1B
¥4.5B
¥629M
¥-909M
Net Change in Cash
¥1.3B
¥1.7B
¥848M
¥-1.4B
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
10.3%
13.6%
3.9%
13.3%
ROA
5.2%
6.0%
1.5%
4.8%
EPS
¥270.78
¥307.33
¥77.36
¥232.89
DPS
¥90.00
¥60.00
¥55.00
¥45.00
BPS
¥2,863.49
¥2,463.43
¥2,043.56
¥1,906.08
FCF/Share
¥520
¥554
¥75
¥-109
NCAV/Share
¥1,279
¥918
¥509
¥341
Payout Ratio
33.2%
19.5%
71.1%
19.3%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 16
Date Activist Stake Event Flag Demands Source
2026-03-16
Ferrotec Corporation
11.83%
+2.06%
change
Passive
—
2026-01-19
Ferrotec Corporation
9.77%
-1.02%
correction
Passive
—
2026-01-16
Ferrotec Corporation
9.77%
correction
Passive
—
2026-01-16
Ferrotec Corporation
10.79%
+1.02%
correction
Passive
—
2025-12-17
Ferrotec Corporation
10.79%
+1.02%
change
Passive
—
2025-11-17
Ferrotec Corporation
9.77%
change
Passive
—
2025-06-10
Ferrotec Holdings Corporation
8.69%
+0.63%
change
Passive
—
2025-05-28
Ferrotec Holdings Corporation
7.54%
correction
Passive
—
2025-05-28
Ferrotec Holdings Corporation
8.06%
+0.52%
correction
Passive
—
2025-05-27
Ferrotec Holdings Corporation
8.06%
+0.85%
change
Passive
—
2025-05-16
Ferrotec Holdings Corporation
7.21%
+0.7%
change
Passive
—
2025-05-14
Ferrotec Holdings Corporation
6.51%
+1.51%
change
Passive
—
2025-05-08
Ferrotec Holdings Corporation
5.0%
correction
Passive
—
2025-05-07
Ferrotec Holdings Corporation
5.0%
correction
Passive
—
2025-05-02
Ferrotec Holdings Corporation
5.0%
initial_5pct
Passive
—
2023-08-02
Hokudenko Business Partners Stock Ownership Association Chairman Toshinori Ueno
5.06%
initial_5pct
Passive
—
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-12
14:00
Div Increase
¥745M ¥95.0/sh
+6%
Hokuriku Electric INDUSTRY announced a dividend increase from ¥90 to ¥95 per share (5.6% increase) for the fiscal year e…
Summary
Hokuriku Electric INDUSTRY announced a dividend increase from ¥90 to ¥95 per share (5.6% increase) for the fiscal year ending March 31, 2026, totaling ¥745 million. The company also introduced a new semi-annual dividend policy starting in FY2027, splitting the annual dividend into two payments of ¥47.50 each (mid-September and year-end), to enhance shareholder returns while maintaining a DOE target of 3.0% or above and a payout ratio target of around 35%.
YoY: +6%
Source (JP)
前回公表の1株当たり90円から95円に増配することといたしました。2027年3月期から、株主の皆様への利益還元の機会を充実させることを目的として、中間配当、期末配当の年2回の剰余金の配当を行うことといたしました。
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 7
#
Shareholder
Shares (thou.)
% of Total
1
Business Partner Stock Ownership Plan
北電工取引先持株会
469
5.92%
2
株式会社フェローテックホールディングス
410
5.17%
3
Employee Stock Ownership Plan
北電工従業員持株会
364
4.60%
4
株式会社北陸銀行
301
3.80%
5
The Hokkoku Bank,Ltd.
株式会社北國銀行
158
2.00%
6
前田建設工業株式会社
149
1.89%
7
The Bank of Toyama,Ltd.
株式会社富山銀行
139
1.76%
8
コーセル株式会社
112
1.42%
9
DFA INTL SMALL CAP VALUE PORTFOLIO
DFA INTL SMALL CAP VALUE PORTFOLIO (常任代理人 シティバンク、エヌ・エイ東京支店)
110
1.40%
10
BNY Mellon (Nominee)
THE BANK OF NEW YORK MELLON 140042 (常任代理人 株式会社みずほ銀行決済営業部)
108
1.37%
Domestic Nominees
0.0%
-5.2% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
1.4%
+1.4% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
28.0%
-0.7% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
Business Partner Stock Ownership Plan
北電工取引先持株会
5.32%
5.85%
5.92%
+0.07%
式会社フェローテックホールディングス
—
5.02%
5.17%
+0.15%
Employee Stock Ownership Plan
北電工従業員持株会
4.48%
4.60%
4.60%
式会社北陸銀行
3.96%
4.06%
3.80%
-0.26%
The Hokkoku Bank,Ltd.
式会社北國銀行
2.61%
2.12%
2.00%
-0.12%
前田建設工業
1.97%
2.02%
1.89%
-0.13%
The Bank of Toyama,Ltd.
式会社富山銀行
1.67%
1.71%
1.76%
+0.05%
コーセル
NEW ENTRY
1.35%
—
1.42%
NEW
DFA INTL SMALL CAP VALUE PORTFOLIO
—
1.39%
1.40%
+0.01%
BNY Mellon
NEW ENTRY
—
—
—
1.37%
NEW
日本マスタートラスト信託銀行
last seen 2024
Exited Top 10
8.02%
5.16%
—
吉田 知広
last seen 2024
Exited Top 10
—
1.89%
—
成川武彦
last seen 2023
Exited Top 10
3.26%
—
—
日本カストディ銀行
last seen 2023
Exited Top 10
2.22%
—
—
Concentration (HHI)
ⓘ
159
141
114
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥1,321M
+41% since 2023
Holdings
7
1 exited
Trend
1 unwinding
vs 2023
Held Company
FY2025
¥1,321M total
FY2023
¥940M total
Book Val ¥M
Shares
Book Val ¥M
Shares
Hokuhoku Financial Group, Inc.
㈱ほくほくフィナンシャルグループ
581
226,000
209
226,000
M
COSEL CO.,LTD.
コーセル㈱
209
+1.5%
↑
198,000
222
195,000
M
㈱北國フィナンシャルホールディングス
184
-20.5%
↓
31,000
162
39,000
M
天二科技㈲
130
975,000
125
975,000
The Bank of Toyama,Ltd.
㈱富山銀行
120
78,000
133
78,000
M
INFRONEER Holdings Inc.
インフロニア・ホールディングス㈱
92
77,000
78
77,000
M
CASIO COMPUTER CO.,LTD.
カシオ計算機㈱
5
+33.3%
↑
4,000
4
3,000
Murata Manufacturing Co.
㈱村田製作所
—
−100%
Exit
—
7
—
M
Portfolio total
1,321
940
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding