Komori
Electric Power Development (9513) · PolicySlight increase in interest-bearing debt and higher equity ratioLatest Earnings (2026-07-31): "Other"

Maintaining Financial Soundness to Support Business Growth

First written in FY2016. 3 of 28 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-07-31.

28entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2019-Q2 – 2026-07-312016: 120162017: 220172018: 320182019: 420192020: 320202021: 220212022: 420222023: 320232024: 320242025: 120252026: 22026
Same theme, other companies
Maintaining a Balanced Capital Structure and Financing CapacityA theme 50 companies write about · 1 as a headwind · 47 as a tailwind

The whole theme swung hardest in 2024: 3 of 34 companies on the "Worse" side.

9 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 50 companies compared. The sentences above are computed from all 50.
Full recordFilings, disclosures and news, newest first
  1. 2026-07-31OtherEarnings

    「Interest-bearing debt increased by ¥78.5 billion from the end of the previous consolidated fiscal year to ¥1,961.7 billion.」

    Interest-bearing debt increased in the first quarter, while the equity ratio declined from 37.6% to 37.3%.
  2. FY2026Slight increase in interest-bearing debt and higher equity ratioAnnual report

    「Interest-bearing debt increased by ¥4.1 billion from the end of the previous consolidated fiscal year to ¥1.8832 trillion. …As a result, the equity ratio increased from 36.4% at the end of the previous consolidated fiscal year to 37.6%.」

    Interest-bearing debt increased by ¥4.1 billion, while the equity ratio rose from 36.4% to 37.6% due to an increase in net assets.
  3. FY2026-H1Interest-bearing debt decreased and the equity ratio increasedAnnual report

    「Interest-bearing debt decreased by ¥42.1 billion from the end of the previous consolidated fiscal year to ¥1.8369 trillion. Of the interest-bearing debt, ¥294.1 billion consists of non-recourse loans for overseas operations (borrowings subject to limited recourse to specified assets). Net assets remained largely unchanged from the previous consolidated fiscal year at ¥1.4634 trillion, despite an increase from the recording of interim profit attributable to owners of the parent, due to decreases resulting from the foreign currency translation adjustment account and the acquisition of treasury shares. As a result, the equity ratio increased from 36.4% at the end of the previous consolidated fiscal year to 37.4%.」

    Interest-bearing debt decreased by ¥42.1 billion, and the equity ratio rose from 36.4% to 37.4%.
  4. FY2025-H1Interest-bearing debt up and equity ratio upAnnual report

    「Interest-bearing debt increased by ¥73.0 billion from the end of the previous consolidated fiscal year to ¥1.9400 trillion. Of the interest-bearing debt, ¥399.0 billion consists of non-recourse loans for overseas operations (borrowings subject to limited recourse to specified assets). …As a result, the equity ratio increased from 35.0% at the end of the previous consolidated fiscal year to 35.6%.」

    Interest-bearing debt increased due to the assumption of GENEX's liabilities and yen depreciation, while the equity ratio rose from 35.0% to 35.6% due to an increase in net assets.
  5. FY2024Interest-bearing debt decreased and the equity ratio increasedAnnual report

    「Interest-bearing debt decreased by ¥18.7 billion from the end of the previous consolidated fiscal year to ¥1.8670 trillion. Of the interest-bearing debt, ¥296.6 billion consists of non-recourse loans for overseas operations (borrowings subject to limited recourse to specified assets). Net assets increased by ¥140.3 billion from the end of the previous consolidated fiscal year to ¥1.3330 trillion, due to the recording of profit attributable to owners of the parent for the fiscal year, as well as an increase in the foreign currency translation adjustment account. As a result, the equity ratio increased from 32.3% at the end of the previous consolidated fiscal year to 35.0%.」

    Interest-bearing debt decreased by ¥18.7 billion, while net assets increased by ¥140.3 billion. The equity ratio rose from 32.3% to 35.0%.
  6. FY2024-Q3Interest-bearing debt decreased and the equity ratio increasedAnnual report

    「Interest-bearing debt decreased by ¥7.4 billion from the end of the previous consolidated fiscal year to ¥1.8784 trillion. Of the interest-bearing debt, ¥312.6 billion consists of non-recourse loans for overseas operations (borrowings subject to limited recourse to specified assets). Net assets increased by ¥117.8 billion from the end of the previous consolidated fiscal year to ¥1.3105 trillion, due to the recording of profit attributable to owners of the parent for the quarter, as well as an increase in the foreign currency translation adjustment account. As a result, the equity ratio increased from 32.3% at the end of the previous consolidated fiscal year to 34.4%.」

    Interest-bearing debt decreased by ¥7.4 billion, while net assets increased by ¥117.8 billion. The equity ratio rose from 32.3% to 34.4%.
  7. FY2024-Q2Interest-bearing debt up and equity ratio upAnnual report

    「Liabilities increased by ¥5.0 billion from the end of the previous consolidated fiscal year to ¥2.1750 trillion. Of this amount, interest-bearing debt increased by ¥21.4 billion from the end of the previous consolidated fiscal year to ¥1.9072 trillion. Of the interest-bearing debt, ¥311.6 billion consists of non-recourse loans for overseas operations (borrowings subject to limited recourse to specified assets). Net assets increased by ¥81.2 billion from the end of the previous consolidated fiscal year to ¥1.2739 trillion, due to the recording of profit attributable to owners of the parent for the quarter, as well as an increase in the foreign currency translation adjustment account. As a result, the equity ratio increased from 32.3% at the end of the previous consolidated fiscal year to 33.6%.」

    Interest-bearing debt increased by ¥21.4 billion, while net assets increased by ¥81.2 billion, and the equity ratio rose from 32.3% to 33.6%.
  8. FY2024-Q1Interest-bearing debt up and equity ratio upAnnual report

    「Of this amount, interest-bearing debt increased by ¥17.5 billion from the end of the previous consolidated fiscal year to ¥1.9033 trillion. Of the interest-bearing debt, ¥304.9 billion consists of non-recourse loans for overseas operations (borrowings subject to limited recourse to specified assets). Net assets increased by ¥13.9 billion from the end of the previous consolidated fiscal year to ¥1.2067 trillion, due to the recording of profit attributable to owners of the parent for the quarter, as well as an increase in the foreign currency translation adjustment account. As a result, the equity ratio increased from 32.3% at the end of the previous consolidated fiscal year to 32.4%.」

    Interest-bearing debt increased by ¥17.5 billion to ¥1.9033 trillion, while the equity ratio rose from 32.3% to 32.4% due to an increase in net assets.
  9. FY2023-Q3Interest-bearing debt up and equity ratio upAnnual report

    「Of this amount, interest-bearing debt increased by ¥181.4 billion from the end of the previous consolidated fiscal year to ¥1.9678 trillion. Of the interest-bearing debt, ¥330.7 billion consists of non-recourse loans for overseas operations (borrowings subject to limited recourse to specified assets). Net assets increased by ¥207.0 billion from the end of the previous consolidated fiscal year to ¥1.1711 trillion, due to the recording of profit attributable to owners of the parent for the quarter, as well as increases in the foreign currency translation adjustment account and deferred hedge gains and losses. As a result, the equity ratio increased from 29.9% at the end of the previous consolidated fiscal year to 32.1%.」

    Interest-bearing debt increased by ¥181.4 billion to ¥1.9678 trillion, while the equity ratio rose from 29.9% to 32.1% due to an increase in net assets.
  10. FY2023-Q2Interest-bearing debt up and equity ratio upAnnual report

    「Of this amount, interest-bearing debt increased by ¥215.9 billion from the end of the previous consolidated fiscal year to ¥2.0023 trillion. Of the interest-bearing debt, ¥326.7 billion consists of non-recourse loans for overseas operations (borrowings subject to limited recourse to specified assets). Net assets increased by ¥147.8 billion from the end of the previous consolidated fiscal year to ¥1.1119 trillion, due to the recording of profit attributable to owners of the parent for the quarter, as well as increases in the foreign currency translation adjustment account and deferred hedge gains and losses. As a result, the equity ratio increased from 29.9% at the end of the previous consolidated fiscal year to 30.8%.」

    Interest-bearing debt increased by ¥215.9 billion to ¥2.0023 trillion, while the equity ratio rose from 29.9% to 30.8% due to an increase in net assets.
  11. FY2023-Q1Higher Interest-Bearing Debt and Lower Equity RatioAnnual report

    「Of this amount, interest-bearing debt increased by ¥119.5 billion from the end of the previous consolidated fiscal year to ¥1.9059 trillion. Of the interest-bearing debt, ¥306.4 billion consists of non-recourse loans for overseas operations (borrowings subject to limited recourse to specified assets).」

    Interest-bearing debt increased by ¥119.5 billion from the end of the previous consolidated fiscal year to ¥1.9059 trillion, while the equity ratio declined from 29.9% to 29.8%.
  12. FY2022Interest-bearing debt up and equity ratio upAnnual report

    「Interest-bearing debt increased by ¥121.7 billion from the end of the previous consolidated fiscal year to ¥1.7864 trillion. Of this amount, ¥289.4 billion was non-recourse loans for overseas operations (borrowings subject to limited recourse to specific assets).」

    Interest-bearing debt increased by ¥121.7 billion, while the equity ratio rose from 28.5% to 29.9% due to an increase in net assets.
  13. FY2022-Q3Interest-bearing debt up and equity ratio upAnnual report

    「Interest-bearing debt increased by ¥37.0 billion from the end of the previous consolidated fiscal year to ¥1.7017 trillion. Of this amount, ¥286.2 billion was non-recourse loans for overseas operations (borrowings subject to limited recourse to specific assets). Net assets increased by ¥40.8 billion to ¥894.5 billion, due to the recognition of quarterly net income attributable to owners of the parent, as well as increases in the foreign currency translation adjustment account and deferred hedge gains and losses. As a result, the equity ratio increased from 28.5% at the end of the previous consolidated fiscal year to 29.4%.」

    Interest-bearing debt increased by ¥37.0 billion to ¥1.7017 trillion, while net assets increased by ¥40.8 billion and the equity ratio rose from 28.5% to 29.4%.
  14. FY2022-Q1Interest-bearing debt up and equity ratio upAnnual report

    「Interest-bearing debt amounted to ¥1.7160 trillion, of which ¥300.0 billion was non-recourse loans for overseas operations (borrowings subject to limited recourse to specific assets). Net assets increased by ¥43.2 billion to ¥896.9 billion, due to the recognition of quarterly net income attributable to owners of the parent, as well as increases in the foreign currency translation adjustment account and deferred hedge gains and losses. As a result, the equity ratio increased from 28.5% at the end of the previous consolidated fiscal year to 29.3%.」

    Interest-bearing debt amounted to ¥1.7160 trillion, while net assets increased by ¥43.2 billion and the equity ratio rose from 28.5% to 29.3%.
  15. FY2021-Q3Improvement in interest-bearing debt levels and the equity ratioAnnual report

    「Interest-bearing debt amounted to ¥1.6484 trillion, of which ¥279.3 billion was non-recourse loans for overseas operations (borrowings subject to limited recourse to specific assets). Net assets increased by ¥6.3 billion to ¥863.7 billion, mainly due to the recognition of quarterly net income attributable to owners of the parent, despite decreases in the foreign currency translation adjustment account and deferred hedge gains and losses. As a result, the equity ratio increased from 28.8% at the end of the previous consolidated fiscal year to 29.1%.」

    Interest-bearing debt amounted to ¥1.6484 trillion, of which ¥279.3 billion was non-recourse loans for overseas operations. Net assets increased by ¥6.3 billion, and the equity ratio rose from 28.8% at the end of the previous consolidated fiscal year to 29.1%.
  16. FY2021-Q2Higher Interest-Bearing Debt and Lower Equity RatioAnnual report

    「Interest-bearing debt increased by ¥13.6 billion from the end of the previous consolidated fiscal year to ¥1.6621 trillion. Of this amount, ¥272.7 billion was non-recourse loans for overseas operations (borrowings subject to limited recourse to specific assets).」

    Interest-bearing debt increased by ¥13.6 billion from the end of the previous consolidated fiscal year to ¥1.6621 trillion, and the equity ratio fell from 28.8% at the end of the previous consolidated fiscal year to 28.6%.
  17. FY2021-Q1Higher Interest-Bearing Debt and Lower Equity RatioAnnual report

    「Liabilities increased by ¥40.6 billion from the end of the previous consolidated fiscal year to ¥1.9886 trillion. Of this amount, interest-bearing debt increased by ¥24.5 billion to ¥1.6729 trillion. Of the interest-bearing debt, ¥265.4 billion was non-recourse loans for overseas operations (borrowings subject to limited recourse to specific assets).」

    Interest-bearing debt increased by ¥24.5 billion to ¥1.6729 trillion, and the equity ratio fell from 28.8% at the end of the previous consolidated fiscal year to 27.5%.
  18. FY2020-Q3Higher Interest-Bearing Debt and Lower Equity RatioAnnual report

    「Interest-bearing debt increased by ¥20.6 billion from the end of the previous consolidated fiscal year to ¥1.6634 trillion. Of this amount, ¥263.5 billion was non-recourse loans for overseas operations (borrowings subject to limited recourse to specific assets). Net assets amounted to ¥845.4 billion, as the increase from the recognition of quarterly net income attributable to owners of the parent was offset by a decrease in deferred hedge gains and losses and other factors. As a result, the equity ratio decreased from 28.8% at the end of the previous consolidated fiscal year to 28.5%.」

    Interest-bearing debt increased by ¥20.6 billion from the end of the previous consolidated fiscal year to ¥1.6634 trillion, and the equity ratio fell from 28.8% to 28.5%.
  19. FY2020-Q2Increase in interest-bearing debt and maintenance of the equity ratioAnnual report

    「Interest-bearing debt increased by ¥19.6 billion from the end of the previous consolidated fiscal year to ¥1.6625 trillion. Of this amount, ¥262.9 billion was non-recourse loans for overseas operations (borrowings subject to limited recourse to specific assets).」

    Interest-bearing debt increased by ¥19.6 billion from the end of the previous consolidated fiscal year to ¥1.6625 trillion. The equity ratio was 28.8%, at the same level as at the end of the previous consolidated fiscal year.
  20. FY2020-Q1Higher Interest-Bearing Debt and Lower Equity RatioAnnual report

    「Interest-bearing debt increased by ¥11.3 billion from the end of the previous consolidated fiscal year to ¥1.6541 trillion. Of this amount, ¥255.7 billion was non-recourse loans for overseas operations (borrowings subject to limited recourse to specific assets). Net assets increased by ¥8.1 billion to ¥853.7 billion, mainly due to the recognition of quarterly net income attributable to owners of the parent. As a result, the equity ratio decreased from 28.8% at the end of the previous consolidated fiscal year to 28.7%.」

    Interest-bearing debt increased by ¥11.3 billion to ¥1.6541 trillion, and the equity ratio fell from 28.8% to 28.7%.
  21. FY2019Higher Interest-Bearing Debt and Lower Equity RatioAnnual report

    「Interest-bearing debt increased by ¥81.5 billion from the end of the previous consolidated fiscal year to ¥1.6428 trillion. Of this amount, ¥255.8 billion was non-recourse loans for overseas operations (borrowings subject to limited recourse to specific assets). Net assets increased by ¥9.4 billion to ¥845.5 billion, mainly due to the recognition of net income attributable to owners of the parent, despite a decrease in the foreign currency translation adjustment account due to the stronger yen. As a result, the equity ratio decreased from 29.7% at the end of the previous consolidated fiscal year to 28.8%.」

    Against the backdrop of investment in offshore wind power projects in the United Kingdom and other factors, interest-bearing debt increased by ¥81.5 billion, and the equity ratio fell from 29.7% to 28.8%.
  22. FY2019-Q3Higher Interest-Bearing Debt and Lower Equity RatioAnnual report

    「Interest-bearing debt increased by ¥114.1 billion from the end of the previous consolidated fiscal year to ¥1.6754 trillion. Of this amount, ¥268.3 billion was non-recourse loans for overseas operations (borrowings subject to limited recourse to specific assets). Net assets increased by ¥41.4 billion to ¥877.5 billion, mainly due to the recognition of quarterly net income attributable to owners of the parent. As a result, the equity ratio decreased from 29.7% at the end of the previous consolidated fiscal year to 29.5%.」

    Against the backdrop of investment in offshore wind power generation projects in the United Kingdom and other factors, interest-bearing debt increased by ¥114.1 billion, and the equity ratio fell from 29.7% to 29.5%.
  23. FY2019-Q2Higher Interest-Bearing Debt and Lower Equity RatioAnnual report

    「Interest-bearing debt increased by ¥76.2 billion from the end of the previous consolidated fiscal year to ¥1.6376 trillion. Of this amount, ¥261.8 billion was non-recourse loans for overseas operations (borrowings subject to limited recourse to specific assets). Net assets increased by ¥16.4 billion to ¥852.5 billion, mainly due to the recognition of quarterly net income attributable to owners of the parent. As a result, the equity ratio decreased from 29.7% at the end of the previous consolidated fiscal year to 29.5%.」

    Against the backdrop of investment in offshore wind power generation projects in the United Kingdom and other factors, interest-bearing debt increased by ¥76.2 billion, and the equity ratio fell from 29.7% to 29.5%.
  24. FY2019-Q1AdvancedAnnual report

    「Liabilities decreased by ¥32.6 billion from the end of the previous consolidated fiscal year to ¥1.7782 trillion. Of this amount, interest-bearing debt decreased by ¥2.9 billion to ¥1.5584 trillion. Of the interest-bearing debt, ¥265.8 billion was non-recourse loans for overseas operations (borrowings subject to limited recourse to specific assets). Net assets increased by ¥15.4 billion to ¥851.5 billion, mainly due to the recognition of quarterly net income attributable to owners of the parent. As a result, the equity ratio increased from 29.7% at the end of the previous consolidated fiscal year to 30.3%.」

    Interest-bearing debt decreased by ¥2.9 billion, net assets increased by ¥15.4 billion, and the equity ratio rose from 29.7% to 30.3%.
  25. FY2018-Q3AdvancedAnnual report

    「Interest-bearing debt decreased by ¥29.0 billion from the end of the previous consolidated fiscal year to ¥1.5910 trillion. Of this amount, ¥281.5 billion was non-recourse loans for overseas operations (borrowings subject to limited recourse to specific assets). Net assets increased by ¥68.3 billion from the end of the previous consolidated fiscal year to ¥832.3 billion, mainly due to the recognition of quarterly net income attributable to owners of the parent. As a result, the equity ratio increased from 27.8% at the end of the previous consolidated fiscal year to 29.5%.」

    Interest-bearing debt decreased by ¥29.0 billion, net assets increased by ¥68.3 billion, and the equity ratio rose from 27.8% to 29.5%.
  26. FY2018-Q2AdvancedAnnual report

    「Interest-bearing debt decreased by ¥65.3 billion from the end of the previous consolidated fiscal year to ¥1.5546 trillion. Of this amount, ¥279.8 billion was non-recourse loans for overseas operations (borrowings subject to limited recourse to specific assets). Net assets increased by ¥41.5 billion from the end of the previous consolidated fiscal year to ¥805.5 billion, mainly due to the recognition of quarterly net income attributable to owners of the parent. As a result, the equity ratio increased from 27.8% at the end of the previous consolidated fiscal year to 29.4%.」

    Interest-bearing debt decreased by ¥65.3 billion, net assets increased by ¥41.5 billion, and the equity ratio rose from 27.8% to 29.4%.
  27. FY2017RestatedAnnual report

    「Because the Company places importance on the balance between interest-bearing debt and cash flow and needs to pursue growth while maintaining financial soundness, it uses interest-bearing debt divided by J-POWER EBITDA as a soundness indicator.」

    The Company has indicated a policy of continuing investment to build its facilities while placing importance on the balance between interest-bearing debt and cash flow.
  28. FY2016First statedAnnual report

    「The Company is steadily working to maintain financial soundness to support these businesses and other initiatives.」

    The Company has set out the maintenance of a continuous financial base to support domestic and overseas capital investment and business expansion.
Moved together

"Ensuring Equipment Reliability and Stable Operations at Power Generation Facilities" moved the same way as this thread, in the same document, in 3 of its 28 moves.

3222★1234
  1. ★This thread
  2. 1Ensuring Equipment Reliability and Stable Operations at Power Generation Facilities3×
  3. 2Growth in overseas power generation operations and expansion of overseas equity-method generation capacity2×
  4. 3Development and Expansion of the Wind Power Generation Business2×
  5. 4Expansion of the Power Generation Business in the United States2×

★ 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
Electric Power Development's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Earnings of 2026-07-31: "Other".
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