Komori
Hokuetsu (3865) · FactDecline in the Equity Ratio

Higher equity ratio

First written in FY2018-Q1. 13 of 30 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2026.

30entries
10years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2019-Q1 – FY2020-Q1OtherFY2020-Q3 – FY2021-Q3AdvancedFY2024 – FY2026-H12017: 220172018: 420182019: 320192020: 320202021: 320212022: 420222023: 420232024: 320242025: 220252026: 22026
Same theme, other companies
Fluctuations in Equity RatioA theme 41 companies write about · 5 as a headwind · 1 as a tailwind

Hokuetsu moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).

The whole theme swung hardest in 2025: 8 of 41 companies on the "Worse" side.

25 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 41 companies compared. The sentences above are computed from all 41.
Full recordFilings, disclosures and news, newest first
  1. FY2026Decline in the Equity RatioAnnual report

    「Equity ratio (%) 57.4 58.0 60.6 63.3 59.9」

    The equity ratio declined by 3.4 percentage points from 63.3% in the previous fiscal year to 59.9%, but it is stated that financial soundness was maintained.
  2. 2026-05-15WorsenedEarnings

    「Equity ratio 63.3% 59.9% △3.4%」

    The equity ratio declined from 63.3% at the previous fiscal year-end to 59.9%.
  3. FY2026-H1AdvancedAnnual report

    「Equity ratio (%) 63.0 63.9 63.3」

    The equity ratio was 63.9%, exceeding both the 63.0% recorded in the first half of the previous year and the 63.3% recorded at the end of the previous fiscal year.
  4. FY2025AdvancedAnnual report

    「The equity ratio was 63.3%, up 2.7 percentage points from the previous consolidated fiscal year, and we believe that financial soundness has continued to be maintained.」

    The equity ratio increased by 2.7 percentage points from 60.6% to 63.3%.
  5. FY2025-H1AdvancedAnnual report

    「Equity ratio (%) 58.9 63.0 60.6」

    The equity ratio was 63.0%, exceeding both the 58.9% recorded in the same period of the previous year and the 60.6% recorded at the end of the previous fiscal year.
  6. FY2024AdvancedAnnual report

    「The equity ratio was 60.5%, up 2.6 percentage points from the previous consolidated fiscal year, and we believe that financial soundness has continued to be maintained.」

    The equity ratio increased by 2.6 percentage points from 58.0% to 60.5%.
  7. FY2024-Q3Decline in the Equity RatioAnnual report

    「Equity ratio (%) 55.0 57.9 58.0」

    The equity ratio was 57.9%, exceeding the 55.0% recorded in the same period of the previous year, but declining from the 58.0% recorded at the end of the previous consolidated fiscal year.
  8. FY2024-Q2AdvancedAnnual report

    「Equity ratio (%) 55.7 58.9 58.0」

    The equity ratio was 58.9%, exceeding both the 58.0% recorded at the end of the previous fiscal year and the 55.7% recorded in the same period of the previous year.
  9. FY2024-Q1Slight decline in the equity ratioAnnual report

    「Equity ratio (%) 57.2 57.9 58.0」

    The equity ratio increased from 57.2% in the same period of the previous year to 57.9%, but declined by 0.1 percentage points from the 58.0% recorded at the end of the previous consolidated fiscal year.
  10. FY2023AdvancedAnnual report

    「The equity ratio was 58.0%, up 0.6 percentage points from the previous consolidated fiscal year, and we believe that financial soundness has been maintained.」

    The equity ratio increased from 57.4% to 58.0%, and it is stated that financial soundness was maintained.
  11. FY2023-Q3Continued decline in the equity ratioAnnual report

    「Equity ratio (%) 58.1 55.0 57.4」

    The equity ratio was 55.0%, below both the 58.1% recorded in the same period of the previous year and the 57.4% recorded at the end of the previous consolidated fiscal year.
  12. FY2023-Q2Continued decline in the equity ratioAnnual report

    「Equity ratio (%) 58.3 55.7 57.4」

    The equity ratio was 55.7%, below both the 58.3% recorded in the same period of the previous year and the 57.4% recorded at the end of the previous consolidated fiscal year.
  13. FY2023-Q1Slight decline in the equity ratioAnnual report

    「Equity ratio (%) 56.9 57.2 57.4」

    The equity ratio increased from 56.9% in the same period of the previous year to 57.2%, but declined by 0.2 percentage points from the 57.4% recorded at the end of the previous consolidated fiscal year.
  14. FY2022AdvancedAnnual report

    「The equity ratio was 57.4%, up 3.7 percentage points from the previous consolidated fiscal year, and we believe that financial soundness has been maintained.」

    The equity ratio increased by 3.7 percentage points from 53.6% to 57.4%.
  15. FY2022-Q3AdvancedAnnual report

    「Equity ratio (%) 51.6 58.1 53.6」

    The equity ratio was 58.1%, exceeding both the 53.6% recorded at the end of the previous fiscal year and the 51.6% recorded in the same period of the previous year.
  16. FY2022-Q1AdvancedAnnual report

    「Equity ratio (%) 52.4 56.9 53.6」

    The equity ratio was 56.9% in the current first quarter, up from 53.6% at the end of the previous fiscal year.
  17. FY2021AdvancedAnnual report

    「The equity ratio was 53.6%, up 1.4 percentage points from the previous consolidated fiscal year, and we believe that financial soundness has been maintained.」

    The equity ratio increased by 1.4 percentage points from 52.2% in the previous fiscal year to 53.6%.
  18. FY2021-Q3Decline in the Equity RatioAnnual report

    「Equity ratio (%) 51.9 51.6 52.3」

    The equity ratio declined from 51.9% in the same period of the previous year to 51.6%, below the 52.3% recorded at the end of the previous consolidated fiscal year.
  19. FY2021-Q2Decline in the Equity RatioAnnual report

    「Equity ratio (%) 54.8 50.9 52.3」

    The equity ratio was 50.9%, below both the 54.8% recorded in the same period of the previous year and the 52.3% recorded at the end of the previous consolidated fiscal year.
  20. FY2021-Q1Slight increase in the equity ratioAnnual report

    「Equity ratio (%) 52.2 52.4 52.3」

    The equity ratio was 52.4% in the current first quarter, exceeding both the 52.2% recorded in the same period of the previous year and the 52.3% recorded at the end of the previous consolidated fiscal year.
  21. FY2020-Q3Decline in the Equity RatioAnnual report

    「Equity ratio (%) 50.5 51.9 52.2」

    The equity ratio was 50.5% in the current third quarter, below both the 51.9% recorded in the same period of the previous year and the 52.2% recorded at the end of the previous consolidated fiscal year.
  22. FY2020-Q2AdvancedAnnual report

    「Equity ratio (%) 52.5 54.8 52.2」

    The equity ratio was 54.8% in the current second quarter, exceeding both the 52.5% recorded in the same period of the previous year and the 52.2% recorded at the end of the previous consolidated fiscal year.
  23. FY2020-Q1Recovery of the equity ratio to 52.2%Annual report

    「Equity ratio (%) 51.9 52.2 52.2」

    The equity ratio increased from 51.9% in the same period of the previous year to 52.2%, reaching the same level as the 52.2% recorded at the end of the previous fiscal year.
  24. FY2019-Q3Decline in the Equity RatioAnnual report

    「Equity ratio (%) 51.0 50.5 52.2」

    The equity ratio was 50.5% in the current third quarter, down from 52.2% at the end of the previous consolidated fiscal year.
  25. FY2019-Q2The equity ratio turned upwardAnnual report

    「Equity ratio (%) 51.0 52.5 52.2」

    The equity ratio was 52.5% in the current second quarter, exceeding both the 51.0% recorded in the same period of the previous year and the 52.2% recorded at the end of the previous consolidated fiscal year.
  26. FY2019-Q1Equity ratio declinedAnnual report

    「Equity ratio (%) 50.4 51.9 52.2」

    The equity ratio increased from 50.4% in the same period of the previous year to 51.9%, but declined from the 52.2% recorded at the end of the previous consolidated fiscal year.
  27. FY2018AdvancedAnnual report

    「As a result, although total assets increased, equity was strengthened, and the equity ratio, one indicator of financial soundness, increased by 2.3 percentage points to 52.1%.」

    The equity ratio increased by 2.3 percentage points from the previous fiscal year to 52.1%.
  28. FY2018-Q3RestatedAnnual report

    「Equity ratio (%) 45.8 50.8 49.8」

    The equity ratio was 50.8% in the current third quarter, exceeding the 49.8% recorded at the end of the previous consolidated fiscal year. It was unchanged at 50.8% from the second quarter.
  29. FY2018-Q2AdvancedAnnual report

    「Equity ratio (%) 48.0 50.8 49.8」

    The equity ratio was 50.8% in the current second quarter, exceeding both the 48.0% recorded in the second quarter of the previous year and the 49.8% recorded at the end of the previous consolidated fiscal year.
  30. FY2018-Q1First statedAnnual report

    「Equity ratio (%) 46.9 50.2 49.8」

    The equity ratio increased from 46.9% in the previous first quarter to 50.2% in the current first quarter, also exceeding the 49.8% at the previous consolidated fiscal year-end.
Moved together

"Decline in interest-bearing debt" moved the same way as this thread, in the same document, in 9 of its 30 moves.

988877★123456
  1. ★This thread
  2. 1Decline in interest-bearing debt9×
  3. 2Issuance of Stock Acquisition Rights to Directors8×
  4. 3Maintaining International Competitiveness through Appropriate Capital Expenditures8×
  5. 4Payment of Year-End Dividend8×
  6. 5Higher Revenue and Profit in the Pulp and Paper Business7×
  7. 6Increase in total assets and net assets7×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Hokuetsu yet. It last moved in the Earnings of 2026-05-15: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Higher equity ratio | Hokuetsu Corporation (3865) | Komori