Interest-bearing debt and fluctuations in market interest rates
First written in FY2016. 20 of 31 entries say "Worsened", first in FY2017. Latest entry: 2026-07-30.
The whole theme swung hardest in 2025: 31 of 96 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「Total liabilities at the end of the current consolidated fiscal year increased by ¥160.747 billion from the end of the previous consolidated fiscal year to ¥1.997414 trillion, mainly because of an increase in interest-bearing debt.」
Total liabilities expanded to ¥1.997414 trillion, mainly because of an increase in interest-bearing debt, while interest expense also increased from ¥10.991 billion in the previous fiscal year to ¥14.788 billion. The disclosure states that all long-term borrowings are raised at fixed interest rates. - FY2026-H1WorsenedAnnual report
「Total liabilities at the end of the current interim consolidated accounting period increased by ¥85.269 billion from the end of the previous consolidated fiscal year to ¥1.921936 trillion, mainly because of an increase in interest-bearing debt.」
Total liabilities increased by ¥85.269 billion from the end of the previous fiscal year, mainly because of an increase in interest-bearing debt, indicating an expansion in the scale of liabilities potentially affected by market interest rate fluctuations. - FY2025-H1MitigatedAnnual report
「Cash flow from financing activities during the current interim consolidated accounting period was an outflow of ¥39.105 billion, an increase of ¥33.186 billion in outflows from the previous interim consolidated accounting period, mainly because of a decrease in interest-bearing debt.」
Cash flow from financing activities was an outflow of ¥39.105 billion, mainly because of a decrease in interest-bearing debt, indicating that debt reduction continued. The disclosure indicates a reduction in the scale of liabilities potentially affected by interest rate fluctuations. - FY2024MitigatedAnnual report
「As all of the Hokuden Group's interest-bearing debt at the end of fiscal 2023 was raised at fixed interest rates, there was no risk of fluctuations in interest payments resulting from changes in interest rates.」
The disclosure explicitly states that fixed-rate funding for interest-bearing debt eliminates the risk that interest payments will fluctuate with interest rates. Total liabilities also decreased by ¥27.07 billion from the end of the previous fiscal year. - FY2024-Q3MitigatedAnnual report
「Total liabilities at the end of the third quarter of the current consolidated fiscal year decreased by ¥33.806 billion from the end of the previous consolidated fiscal year to ¥1.801426 trillion, mainly because of a decrease in interest-bearing debt.」
Total liabilities decreased by ¥33.806 billion from the end of the previous fiscal year, mainly because of a decrease in interest-bearing debt, indicating a reduction in the scale of liabilities potentially affected by market interest rate fluctuations. - FY2024-Q2MitigatedAnnual report
「Cash flow from financing activities during the first 2 quarters of the current consolidated fiscal year was an outflow of ¥5.918 billion, a decrease of ¥89.147 billion from the inflow of ¥83.229 billion in the same period of the previous year, mainly because of a decrease in interest-bearing debt.」
Cash flow from financing activities was an outflow of ¥5.918 billion, mainly because of a decrease in interest-bearing debt. In contrast to the factors increasing interest-bearing debt reported through the previous quarter, the current quarter showed efforts to reduce debt. - FY2024-Q1WorsenedAnnual report
「Although interest-bearing debt increased, total liabilities at the end of the first quarter of the current consolidated fiscal year decreased by ¥12.635 billion from the end of the previous consolidated fiscal year to ¥1.822597 trillion, mainly because unpaid obligations decreased as a result of construction payments.」
Although total liabilities decreased by ¥12.635 billion, the disclosure notes an increase in interest-bearing debt, indicating a factor contributing to an expansion in the scale of liabilities potentially affected by market interest rate fluctuations. As of the end of the previous fiscal year, all interest-bearing debt was stated to have been raised at fixed interest rates. - FY2023MitigatedAnnual report
「As all of the Hokuden Group's interest-bearing debt at the end of fiscal 2022 was raised at fixed interest rates, there was no risk of fluctuations in interest payments resulting from changes in interest rates.」
The disclosure states that, as of the end of fiscal 2022, all interest-bearing debt was raised at fixed interest rates and there was no risk of fluctuations in interest payments due to changes in interest rates. - FY2023-Q3WorsenedAnnual report
「Total liabilities at the end of the third quarter of the current consolidated fiscal year increased by ¥156.424 billion from the end of the previous consolidated fiscal year to ¥1.863586 trillion, mainly because of an increase in interest-bearing debt.」
Total liabilities increased by ¥156.424 billion from the end of the previous fiscal year, mainly because of an increase in interest-bearing debt, indicating an expansion in the scale of liabilities potentially affected by market interest rate fluctuations. - FY2023-Q2WorsenedAnnual report
「Total liabilities at the end of the second quarter of the current consolidated fiscal year increased by ¥87.167 billion from the end of the previous consolidated fiscal year to ¥1.794328 trillion, mainly because of an increase in interest-bearing debt.」
Total liabilities increased by ¥87.167 billion from the end of the previous fiscal year, mainly because of an increase in interest-bearing debt, indicating an expansion in the scale of liabilities potentially affected by market interest rate fluctuations. - FY2023-Q1WorsenedAnnual report
「Total liabilities at the end of the first quarter of the current consolidated fiscal year increased by ¥28.974 billion from the end of the previous consolidated fiscal year to ¥1.736135 trillion, mainly because of an increase in interest-bearing debt.」
Total liabilities increased by ¥28.974 billion from the end of the previous consolidated fiscal year, mainly because of an increase in interest-bearing debt, indicating a factor contributing to an expansion in the scale of liabilities potentially affected by market interest rate fluctuations. - FY2022MitigatedAnnual report
「The Hokuden Group's interest-bearing debt stood at ¥1.3853 trillion at the end of fiscal 2021, and future trends in market interest rates could affect earnings.」
Interest-bearing debt decreased from ¥1.4007 trillion at the end of fiscal 2020 to ¥1.3853 trillion. The disclosure also states that the impact is limited because most funds are raised at fixed interest rates. - FY2022-Q1WorsenedAnnual report
「Total liabilities at the end of the first quarter of the current consolidated fiscal year increased by ¥2.087 billion from the end of the previous consolidated fiscal year to ¥1.714004 trillion. This was mainly because of an increase in interest-bearing debt, despite a decrease in unpaid obligations resulting from construction payments.」
Although unpaid obligations decreased, total liabilities increased by ¥2.087 billion from the end of the previous fiscal year, mainly because of an increase in interest-bearing debt, and factors contributing to an expansion in the scale of liabilities potentially affected by interest rate fluctuations remain in place. - FY2021-Q3WorsenedAnnual report
「Total liabilities at the end of the third quarter of the current consolidated fiscal year increased by ¥19.619 billion from the end of the previous consolidated fiscal year to ¥1.731298 trillion. This was mainly because of an increase in interest-bearing debt, despite a decrease in unpaid obligations resulting from construction payments.」
Although unpaid obligations decreased as a result of construction payments, total liabilities increased by ¥19.619 billion from the end of the fiscal year, mainly because of an increase in interest-bearing debt, indicating an expansion in the scale of liabilities potentially affected by interest rate fluctuations. - FY2021-Q2WorsenedAnnual report
「Total liabilities at the end of the second quarter of the current consolidated fiscal year increased by ¥2.414 billion from the end of the previous consolidated fiscal year to ¥1.714093 trillion. This was mainly because of an increase in interest-bearing debt, despite a decrease in unpaid construction-related obligations resulting from construction payments.」
Although unpaid obligations decreased as a result of construction payments, total liabilities increased by ¥2.414 billion from the end of the previous fiscal year, mainly because of an increase in interest-bearing debt. - FY2020-Q3WorsenedAnnual report
「Total liabilities at the end of the third quarter of the current consolidated fiscal year increased by ¥20.929 billion from the end of the previous consolidated fiscal year to ¥1.747493 trillion. This was mainly because of an increase in interest-bearing debt, despite a decrease in unpaid obligations related to construction and outsourcing.」
Total liabilities increased by ¥20.929 billion from the end of the previous fiscal year, mainly because of an increase in interest-bearing debt, and the scale of liabilities potentially affected by market interest rate fluctuations continues to expand. - FY2020-Q1WorsenedAnnual report
「Total liabilities at the end of the first quarter of the current consolidated fiscal year decreased by ¥7.152 billion from the end of the previous consolidated fiscal year to ¥1.719411 trillion. This was mainly because, although interest-bearing debt increased, unpaid obligations related to construction and outsourcing decreased.」
Although total liabilities declined, the disclosure notes an increase in interest-bearing debt, indicating a factor contributing to an expansion in the scale of liabilities potentially affected by market interest rate fluctuations. - FY2019MitigatedAnnual report
「The Hokuden Group's interest-bearing debt stood at ¥1.4007 trillion at the end of fiscal 2018, and future trends in market interest rates could affect earnings.」
Interest-bearing debt decreased from ¥1.4268 trillion at the end of the previous fiscal year to ¥1.4007 trillion. The disclosure also states that the impact is limited because most funds are raised at fixed interest rates. - FY2019-Q3WorsenedAnnual report
「Total liabilities at the end of the third quarter of the current consolidated fiscal year increased by ¥30.812 billion from the end of the previous consolidated fiscal year to ¥1.733725 trillion. This was mainly due to the recognition of asset retirement obligations following the revision of the Ordinance on Asset Retirement Obligations for Nuclear Power Generation Facilities, as well as an increase in interest-bearing debt.」
Total liabilities increased by ¥30.812 billion from the end of the previous fiscal year, mainly because of an increase in interest-bearing debt, indicating an expansion in the scale of liabilities potentially affected by interest rate fluctuations. - FY2019-Q1MitigatedAnnual report
「Total liabilities at the end of the first quarter of the current consolidated fiscal year decreased by ¥37.904 billion from the end of the previous consolidated fiscal year to ¥1.665008 trillion. This was mainly due to a decrease in interest-bearing debt.」
Total liabilities decreased by ¥37.904 billion from the end of the previous fiscal year, mainly because of a decrease in interest-bearing debt, reducing the scale of liabilities potentially affected by interest rate fluctuations. - FY2018WorsenedAnnual report
「The Hokuden Group's interest-bearing debt stood at ¥1.4268 trillion at the end of fiscal 2017, and future trends in market interest rates could affect earnings.」
Interest-bearing debt increased from ¥1.3559 trillion at the end of the previous fiscal year to ¥1.4268 trillion, expanding the scale of liabilities subject to interest rate fluctuations. - FY2018-Q3WorsenedAnnual report
「Although the Company made payments on unpaid obligations related to construction and outsourcing, liabilities increased by ¥74.09 billion from the end of the previous consolidated fiscal year to ¥1.703607 trillion, mainly because of an increase in interest-bearing debt.」
Total liabilities increased by ¥74.09 billion from the end of the previous fiscal year, mainly because of an increase in interest-bearing debt, and the scale of liabilities potentially affected by market interest rate fluctuations continued to expand. - FY2018-Q2WorsenedAnnual report
「Although the Company made payments on unpaid obligations related to construction and outsourcing, liabilities increased by ¥45.445 billion from the end of the previous consolidated fiscal year to ¥1.674962 trillion, mainly because of an increase in interest-bearing debt.」
Total liabilities increased by ¥45.445 billion from the end of the previous fiscal year, mainly because of an increase in interest-bearing debt, and the scale of liabilities potentially affected by market interest rate fluctuations continued to expand. - FY2018-Q1WorsenedAnnual report
「Although the Company made payments on unpaid obligations related to construction and outsourcing, liabilities increased by ¥41.987 billion from the end of the previous consolidated fiscal year to ¥1.671503 trillion, mainly because of an increase in interest-bearing debt.」
Total liabilities increased by ¥41.987 billion year on year-end, mainly because of an increase in interest-bearing debt, expanding the scale of liabilities exposed to fluctuations in market interest rates. - FY2017WorsenedAnnual report
「The Hokuden Group's interest-bearing debt stood at ¥1.3559 trillion at the end of fiscal 2016, and future trends in market interest rates could affect earnings.」
Interest-bearing debt increased to ¥1.3559 trillion from ¥1.289 trillion at the end of the previous fiscal year. The disclosure also explains that the impact is limited because most funds are raised at fixed interest rates. - FY2016First statedAnnual report
「The Hokuden Group's interest-bearing debt stood at ¥1.289 trillion at the end of fiscal 2015, and future trends in market interest rates could affect earnings.」
The disclosure quantifies interest-bearing debt and explains that the impact is limited because most funds are raised at fixed interest rates.