Overview

HOKKAIDENKO CORPORATION

Hokkai Denko Co., Ltd. is a comprehensive electrical and civil engineering contractor based in Sapporo, Hokkaido, primarily engaged in electrical construction, telecommunications construction, civil engineering, architectural construction, and related facility works. The company derives the majority of its orders from its parent companies, Hokkaido Electric Power Co., Inc. and Hokkaido Electric Power Network Co., Inc., focused on distribution lines, transmission/substation facilities, and underground cable construction. In recent years, the company has strengthened its capabilities in renewable energy projects and GX (green transformation) solutions, while operating across 10 branch offices throughout Hokkaido and a Tokyo branch.

Market Cap
¥—B
EV
¥—B
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
—
LTM EV/EBIT
—
LTM PER
—
LTM PBR
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No price data
Stock data unavailable
This company is listed on a regional exchange (Nagoya/Fukuoka/Sapporo) and is not distributed via J-Quants (JPX). Stock price, market cap, and EV-based multiples are not available. Financial data from public filings (P&L, BS, directors, etc.) remains accurate for analysis.
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Performance & Balance
Revenue 5Y (¥B)
59.6US$380M'22/371.0US$453M'23/360.1US$383M'24/368.9US$440M'25/372.4US$462M'26/3
EBITDA 5Y (¥B)
2.01US$12.8M'22/31.91US$12.2M'23/33.53US$22.5M'24/34.23US$27.0M'25/35.79US$36.9M'26/3
Net Income 5Y (¥B)
0.99US$6.30M'22/30.94US$5.98M'23/32.02US$12.9M'24/32.48US$15.8M'25/33.72US$23.7M'26/3
Capital Structure
100%
EquityDebt
Liquidity vs Debt 5Y (¥B)
CashInv. Sec.Debt
9.34US$59.6M'22/313.3US$84.8M'23/310.6US$67.6M'24/313.0US$82.7M'25/34.86US$31.0M'26/3
Shareholders
Top 10 hold 72.5%
1
Hokkaido Electric Power Network Co., Inc.
55.60%
2
HOKKAIDENKO CORPORATION Stock Ownership Association
7.62%
3
HOKKAIDENKO CORPORATION Employee Stock Ownership Association
3.44%
4
Miwa Electric Industry Co., Ltd.
1.37%
5
Zyence Co., Ltd.
1.25%
6
Nomura Shoten Co., Ltd.
0.78%
7
Ishigaki Denzai Co., Ltd.
0.74%
8
Japan Custody Bank, Ltd. (re-trust by Sumitomo Mitsui Trust Bank, Ltd. / Daihen Corporation Retirement Benefit Trust Account)
0.74%
9
Kyowa Electric Industry Co., Ltd.
0.54%
10
Yoshiki SASAKI
0.43%
Management
12 officers
Hiroki YABUSHITA
Representative Director, President and Executive Officer
Apr 1982 Joined Hokkaido Electric Power Co., Inc. Jun 2012 Branch Manager, Obihiro Branch, Hokkaido Electric Power Co., Inc. Apr 2014 General Manager, Accounting Department, Hokkaido Electric Power Co., Inc. Jul 2015 Executive Officer, General Manager, Accounting Department, Hokkaido Electric Power Co., Inc. Jul 2016 Senior Executive Officer, General Manager, Accounting Department, Hokkaido Electric Power Co., Inc. Jun 2017 Director, Managing Executive Officer; Deputy General Manager, Business Support Headquarters, Hokkaido Electric Power Co., Inc. Apr 2018 Director, Managing Executive Officer; Vice President, Power Transmission and Distribution Company, Hokkaido Electric Power Co., Inc. Jun 2019 Director, Managing Executive Officer; President, Power Transmission and Distribution Company, Hokkaido Electric Power Co., Inc. Jun 2019 Director, the Company Mar 2020 Resigned as Director, the Company Apr 2020 Director; President and Executive Officer, Hokkaido Electric Power Network Co., Inc. May 2023 Advisor, the Company Jun 2023 Representative Director, President and Executive Officer, the Company (current)
1958-05-21
Masaaki KONNO
Director, Managing Executive Officer; General Manager, Non-Electric Power Business; in charge of Sales Department, Electrical Construction Department, Environmental Facilities Department and Information & Telecommunications Department
Apr 1990 Joined Hokkai Denki Koji Co., Ltd. Jul 2008 Deputy Manager, Electrical Construction Department, the Company Jun 2015 Manager, Electrical Construction Department, the Company Jun 2017 Executive Officer, General Manager, Electrical Construction Department, the Company Jun 2020 Managing Executive Officer, General Manager, Electrical Construction Department, the Company Jun 2022 Managing Executive Officer, in charge of Electrical Construction, Environmental Facilities and Information & Telecommunications Departments, the Company Jun 2023 Director, Managing Executive Officer, the Company (current)
1959-01-02
Yoshitaka SUGAWARA
Director, Managing Executive Officer; General Manager, Electric Power-Related Business; in charge of Distribution Department, Measuring Instruments Department, Electric Power Construction Department and Electric Power Maintenance Department
Apr 1987 Joined Hokkaido Electric Power Co., Inc. Apr 2011 General Manager, Sales Department, Kitami Branch, Hokkaido Electric Power Co., Inc. Jun 2013 Head, Chitose Office, Sapporo Branch, Hokkaido Electric Power Co., Inc. Apr 2015 Group Leader, Distribution Technology Advancement Group, Distribution Department, Hokkaido Electric Power Co., Inc. Apr 2018 Manager, Kitami Branch, Power Transmission and Distribution Company, Hokkaido Electric Power Co., Inc. Apr 2020 Manager, Kitami Branch, Hokkaido Electric Power Network Co., Inc. Jun 2021 Director, the Company Jul 2021 Executive Officer, General Manager, Distribution Department, Hokkaido Electric Power Network Co., Inc. Jun 2024 Director, Managing Executive Officer, the Company (current)
1964-08-12
Yuji HAYASHI
Director
Apr 1977 Registered as Attorney-at-Law (Sapporo Bar Association) Apr 1977 Joined Kawatani Law Office Apr 1979 Established Yuji Hayashi Law Office (current) Jun 2016 Outside Corporate Auditor, Hokkaido Railway Company Jun 2020 Director, the Company (current)
1950-01-12
Kazushi YONEDA
Director
Apr 1989 Joined Hokkaido Takushoku Bank, Ltd. Nov 1998 Joined Hokuyo Bank, Ltd. Jun 2020 Executive Officer, General Manager, Solutions Department, Hokuyo Bank, Ltd. Jun 2021 Managing Executive Officer, General Manager, Solutions Department and Corporate Promotion Department, Hokuyo Bank, Ltd. Apr 2022 Managing Executive Officer, General Manager, Hakodate Chuo Branch and Suehirocho Branch, Hokuyo Bank, Ltd. Jun 2023 Director, General Manager, Branch Support Department, Hokuyo Bank, Ltd. Jun 2024 Managing Director; CSO, CFO and CIO, Hokuyo Bank, Ltd. Jun 2025 Managing Director; CSO and CFO, Hokuyo Bank, Ltd. Jun 2025 Director, the Company (current) Jun 2026 Senior Managing Director; CSO and CFO, Hokuyo Bank, Ltd. (scheduled)
1965-03-27
Hiroyuki KUROSAKA
Standing Corporate Auditor (Full-time)
Apr 1986 Joined Hokkaido Electric Power Co., Inc. Apr 2007 Group Leader, Corporate Conduct Group, Legal and Corporate Conduct Office, Hokkaido Electric Power Co., Inc. Jun 2010 Group Leader, Legal Affairs Group, Corporate Conduct Office, General Affairs Department, Hokkaido Electric Power Co., Inc. Oct 2011 Group Leader, Litigation Group, Corporate Conduct Office, General Affairs Department, Hokkaido Electric Power Co., Inc. Dec 2011 Chief Group Leader, Litigation Office, General Affairs Department, Hokkaido Electric Power Co., Inc. Jan 2017 Manager, Litigation Office, General Affairs Department, Hokkaido Electric Power Co., Inc. Jun 2019 Manager, Corporate Conduct Office, General Affairs Department, Hokkaido Electric Power Co., Inc. Jun 2021 Manager, Kitami Branch, Hokkaido Electric Power Network Co., Inc. Jul 2021 Executive Officer, Manager, Kitami Branch, Hokkaido Electric Power Network Co., Inc. Jun 2023 Standing Corporate Auditor, the Company (current)
1963-02-18
Tsuyoshi YAMAMOTO
Corporate Auditor
Oct 1981 Joined Tohmatsu & Aoki Audit Corporation, Tokyo Office (currently Deloitte Touche Tohmatsu LLC) Sep 1985 Registered as Certified Public Accountant Jun 1994 Partner, Audit Corporation Tohmatsu (currently Deloitte Touche Tohmatsu LLC) Oct 2011 Opened Tsuyoshi Yamamoto CPA Office (current) Apr 2013 Auditor, Sapporo Medical University (Hokkaido Public University Corporation) Jun 2015 Corporate Auditor, the Company (current)
1953-01-24
Yuhei YAMAGAMI
Director, Managing Executive Officer; General Manager, Corporate Management; in charge of Internal Audit Office, Planning Department, General Affairs Department, Legal Office, Human Resources & Labor Department, Accounting Department and Procurement Department
Apr 1986 Joined Hokkaido Electric Power Co., Inc. Jun 2014 General Manager, Sales Department, Obihiro Branch, Hokkaido Electric Power Co., Inc. Jun 2017 Group Leader, IR Group, Planning Department, Hokkaido Electric Power Co., Inc. Apr 2018 Group Leader, IR Group, Business Planning Office, Hokkaido Electric Power Co., Inc. Jun 2021 General Manager, Environment Office; concurrently Group Leader, Environmental Planning Group, Environment Office, Hokkaido Electric Power Co., Inc. Jul 2021 Executive Officer, General Manager, Environment Office, Hokkaido Electric Power Co., Inc. Jun 2023 Director; Senior Vice President, Hokkaido Electric Power Network Co., Inc. Jun 2025 Director, Managing Executive Officer, the Company (current)
1962-11-16
Masayoshi TAKIGUCHI
Director, Managing Executive Officer; in charge of Safety & Quality Department, GX Solutions Department and Underground Lines Department
Apr 1981 Joined Texel Co., Ltd. Jul 2017 Deputy Manager, Distribution Department; concurrently Group Leader, Safety & Quality, the Company Nov 2017 Group Leader, Distribution Group, Sapporo Branch; concurrently Deputy Branch Manager, the Company Apr 2020 Manager, Kitami Branch, the Company Jun 2022 Executive Officer; Manager, Kitami Branch; concurrently Group Leader, General Affairs, the Company Jun 2023 Managing Executive Officer, Manager, Sapporo Branch, the Company Jun 2026 Director, Managing Executive Officer, the Company (current)
1962-12-18
Takehiro KUWABARA
Director
Apr 1991 Joined Hokkaido Electric Power Co., Inc. Jan 2016 Group Leader, Distribution Infrastructure Planning Group, Distribution Department, Hokkaido Electric Power Co., Inc. Apr 2019 Group Leader, Distribution Network Planning Group, Distribution Department, Power Transmission and Distribution Company, Hokkaido Electric Power Co., Inc. Apr 2021 Group Leader, Distribution Infrastructure Planning Group, Distribution Department, Hokkaido Electric Power Network Co., Inc. Jun 2021 Group Leader, Distribution Operations Planning Group, Distribution Department, Hokkaido Electric Power Network Co., Inc. Jun 2024 Manager, Kushiro Branch, Hokkaido Electric Power Network Co., Inc. (current) Jun 2026 Director, the Company (current)
1966-12-12
Yuichi TOMAKI
Corporate Auditor
Apr 1987 Joined Hokkaido Electric Power Co., Inc. Apr 2017 General Manager, Distribution Planning Department, Hokkaido Electric Power Co., Inc. Apr 2018 General Manager, Distribution Planning Department, Power Transmission and Distribution Company, Hokkaido Electric Power Co., Inc. Jul 2019 Executive Officer, General Manager, Distribution Planning Department, Power Transmission and Distribution Company, Hokkaido Electric Power Co., Inc. Apr 2020 Executive Officer, General Manager, Planning Department, Hokkaido Electric Power Network Co., Inc. Jun 2022 Executive Officer, General Manager, Nuclear Power Audit Office, Hokkaido Electric Power Co., Inc. Jun 2024 Director, Audit and Supervisory Committee Member, Hokkaido Electric Power Co., Inc. Jun 2024 Corporate Auditor, Hokkaido Electric Power Network Co., Inc. (current) Jun 2026 Corporate Auditor, the Company (current)
1963-01-18
Masaharu GOTO
Corporate Auditor
Apr 1985 Joined Hokkaido Electric Power Co., Inc. Aug 2004 Chief Group Leader, Power Source Development Group, Hokkaido Electric Power Co., Inc. Apr 2007 Group Leader, Personnel Group, Human Resources & Labor Department, Hokkaido Electric Power Co., Inc. Apr 2010 Group Leader, Nuclear Power Group, Power Source Development Department, Hokkaido Electric Power Co., Inc. Apr 2013 Deputy General Manager, Tokyo Office, Hokkaido Electric Power Co., Inc. Jun 2015 General Manager, Site Development Office, General Affairs Department, Hokkaido Electric Power Co., Inc. Apr 2019 Manager, Environment Office, Hokkaido Electric Power Co., Inc. Jul 2019 Executive Officer, Manager, Environment Office, Hokkaido Electric Power Co., Inc. Jun 2021 Corporate Auditor, Hokkaido Telecommunication Network Co., Inc. (current) Jun 2023 Corporate Auditor, the Company (current)
1961-12-22
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-28
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-24
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-01-29
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-12
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-30
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-30
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-29
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-24
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-28
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-08
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-30
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-10
Quarterly Securities Report
EDINET
2022-08-08
Quarterly Securities Report
EDINET
2022-06-30
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-10
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINET
2021-06-30
Annual Securities Report
EDINET
2021-02-10
Quarterly Securities Report
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