Hokuriku Electric Power Co., a prominent utility company operating in Japan’s Hokuriku region, which encompasses Fukui, Ishikawa, and Toyama prefectures, has maintained a steady presence in the electric utilities sector. The company specializes in generating, transmitting, distributing, and selling electricity, primarily through hydroelectric and nuclear power sources. As of January 27, 2026, the company’s stock closed at 963.1 JPY on the Tokyo Stock Exchange, reflecting a position comfortably above its 52-week low of 673.5 JPY, recorded on June 11, 2025, yet below its 52-week high of 1,047 JPY, achieved on November 26, 2025.
The company’s market capitalization stands at 207,509,323,776 JPY, underscoring its significant presence in the utilities sector. Despite the absence of new announcements as of January 24, 2026, Hokuriku Electric Power is recognized as a defensive utility stock. This classification is attributed to its ability to navigate regulatory challenges, the ongoing energy transition, and its commitment to maintaining a solid dividend policy.
Valuation metrics reveal a price-to-earnings ratio of 2.964, indicating modest earnings pressure. Additionally, the price-to-book ratio of 0.477 suggests that the company is valued well below its book value, a common characteristic of utility companies that benefit from stable cash flows. The share price trajectory of Hokuriku Electric Power has exhibited moderate volatility, with a recent upward trend from its lowest point, although it remains below its historical peak.
This technical snapshot highlights the company’s consistent performance within the utility sector, bolstered by regulatory frameworks and a reliable dividend policy. As Hokuriku Electric Power continues to operate within the regulatory and market dynamics of the energy sector, its strategic focus on hydroelectric and nuclear power sources positions it to address both current and future energy demands in the Hokuriku region.
