Hokkaido Electric Power Co. Inc. reported consolidated and non- consolidated earnings results for the year ended March 31, 2017. For the period, on consolidated basis, revenue was ¥702,776 million against ¥724,111 million a year ago. Operating income was ¥27,443 million against ¥43,100 million a year ago. Ordinary profit was ¥12,603 million against ¥28,062 million a year ago. Profit for the year attributable to owners of the company was ¥8,793 million against ¥21,276 million a year ago. Basic earnings per share for the year were ¥34.09 against ¥94.49 a year ago. Net rate of return on shareholders' equity was 4.7% against 11.7% a year ago. Cash flow from operating activities was ¥67,081 million against ¥115,972 million a year ago. Purchase of property, plant and equipment was ¥147,513 million against ¥165,091 million a year ago. Profit before income tax was ¥9,755 million against ¥27,039 million a year ago.

For the period, on consolidated basis, revenue was ¥677,141 million against ¥695,719 million a year ago. Operating income was ¥20,258 million against ¥36,162 million a year ago. Ordinary profit was ¥5,838 million against ¥21,238 million a year ago. Profit was ¥5,150 million against ¥17,099 million a year ago. Basic earnings per share for the year were ¥16.37 against ¥74.17 a year ago.

For the year ending March 31, 2018, on consolidated basis, the company expects revenue of ¥755,000 million.

For the year ending March 31, 2018, on non-consolidated basis, the company expects revenue of ¥725,000 million.