In the non-sintered nickel electrode for an alkaline storage battery according to the invention, a yttrium metal powder and/or a yttrium compound powder has been added to a particulate active material comprising composite particles each consisting of a nickel hydroxide core and a sodium-doped cobalt compound shell. Because the yttrium metal powder and/or yttrium compound powder inhibits the diffusion of cobalt into the nickel hydroxide core, the non-sintered nickel electrode of the invention exhibits a high utilization efficiency not only in an initial phase of charge-discharge cycling but over a long time of use. Moreover, because the yttrium metal powder and/or yttrium compound powder enhances the oxygen overpotential, the non-sintered nickel electrode for an alkaline storage battery according to the invention shows very satisfactory charge characteristics particularly at high temperatures.