GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
H

Hokuetsu 3865.T · JPY

Materials · Tokyo Stock Exchange · 🇯🇵 Japan

Compare

836

+2.83%

Close of 9 Nov 2026, in JPY

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥287.74bn

FY2017FY2026

Net income

¥7.30bn

FY2017FY2026

Free cash flow

−¥8.07bn

FY2017FY2026

Shareholders' equity

¥251.89bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥287.74bn¥305.72bn¥297.06bn¥301.20bn¥261.62bn¥222.45bn¥264.62bn¥275.81bn¥269.10bn¥262.40bn
Gross profit¥56.46bn¥68.80bn¥60.15bn¥64.02bn¥61.13bn¥38.48bn¥51.48bn¥51.14bn¥52.25bn¥52.77bn
Research and development—¥805.0m¥745.0m¥702.0m¥614.0m¥666.0m¥681.0m¥783.0m¥713.0m¥778.0m
Operating income¥7.13bn¥19.73bn¥5.91bn¥17.29bn¥20.57bn¥1.58bn¥11.21bn¥10.13bn¥11.41bn¥12.90bn
Net income¥7.30bn¥15.53bn¥8.39bn¥8.32bn¥21.21bn¥14.17bn¥8.07bn¥9.15bn¥10.33bn¥10.38bn
Diluted earnings per share45.9292.2649.8349.51126.0484.2448.0148.4354.6354.89

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥420.57bn¥418.88bn¥415.69bn¥388.44bn¥376.96bn¥363.07bn¥344.73bn¥368.08bn¥366.45bn¥362.20bn
Cash and short-term investments¥30.12bn¥27.64bn¥22.14bn¥18.06bn¥30.27bn¥29.85bn¥21.38bn¥15.20bn¥14.28bn¥19.49bn
Total liabilities¥167.82bn¥153.01bn¥163.22bn¥162.49bn¥159.98bn¥167.65bn¥163.86bn¥175.22bn¥174.47bn¥181.17bn
Debt¥97.35bn¥90.63bn¥106.31bn¥105.13bn¥100.41bn¥115.44bn¥109.47bn¥112.07bn¥110.30bn¥118.60bn
Shareholders' equity¥251.89bn¥265.13bn¥251.79bn¥225.30bn¥216.33bn¥194.81bn¥180.26bn¥192.21bn¥191.28bn¥180.43bn
Shares outstanding159m168m168m168m168m168m168m189m189m189m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥10.19bn¥40.93bn¥22.32bn¥1.75bn¥20.19bn¥23.76bn¥43.97bn¥21.63bn¥19.74bn¥28.91bn
Capital spending−¥18.26bn−¥18.83bn−¥14.55bn−¥13.23bn−¥13.70bn−¥16.36bn−¥15.86bn−¥16.50bn−¥14.63bn−¥13.72bn
Free cash flow−¥8.07bn¥22.10bn¥7.77bn−¥11.48bn¥6.49bn¥7.40bn¥28.11bn¥5.13bn¥5.11bn¥15.20bn
Dividends paid−¥4.05bn−¥3.37bn−¥3.04bn−¥4.38bn−¥2.35bn−¥2.19bn−¥2.27bn−¥2.27bn−¥2.27bn−¥2.27bn

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥72.56bn¥75.03bn¥72.92bn¥67.43bn¥72.35bn¥76.20bn¥80.16bn¥75.12bn
Gross profit¥12.79bn¥15.61bn¥15.45bn¥9.89bn¥15.51bn¥17.01bn¥18.68bn¥18.08bn
Operating income¥688.0m¥2.18bn¥3.34bn−¥1.24bn¥3.26bn¥4.65bn¥6.08bn¥5.95bn
Net income¥1.63bn¥849.0m¥4.08bn¥188.0m¥2.19bn¥4.05bn¥5.20bn¥3.92bn
Diluted earnings per share10.285.3424.211.1212.9924.0630.8923.28
Total assets¥415.92bn¥420.57bn¥435.75bn¥412.54bn¥413.18bn¥418.88bn¥419.86bn¥417.77bn
Cash and short-term investments¥25.05bn¥30.12bn¥18.07bn¥22.68bn¥24.30bn¥27.64bn¥21.97bn¥28.48bn
Debt¥36.67bn¥96.23bn¥37.94bn¥88.12bn¥29.13bn¥89.38bn¥38.21bn¥93.07bn
Shareholders' equity¥249.85bn¥251.89bn¥269.40bn¥263.67bn¥260.81bn¥265.13bn¥256.38bn¥263.24bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-1.5%5.3%1.5%
Operating income-25.6%35.2%-2.6%
Net income-4.3%-12.4%-0.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin21.1%20.9%20.8%20.1%
Operating margin4.5%4.2%4.3%4.2%
Net margin3.8%3.3%4.5%4.0%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings18.99.730.728.66.08.58.511.79.112.3
Price to sales0.50.50.90.80.50.50.30.40.30.5

Dividends and splits

Per share, in the currency the company pays

Paid for 36 years. Last went ex-dividend on 29 Sept 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year13.0037.0020.0018.0016.0014.0013.0012.00

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.