Financial Review

Consolidated Balance Sheets

 Total assets amounted to ¥1,509.3 billion, up ¥29.9 billion from the end of the previous consolidated fiscal year (ratio to the figure at the end of previous term: 102.0%). This is due to an increase in fixed assets suspense account and other factors.
 Total liabilities amounted to ¥1,175.3 billion, up ¥40.1 billion from the end of the previous consolidated fiscal year (ratio to the figure at the end of previous term: 103.5%). This is due to an increase in liabilities with interest and other factors.
 Total net assets amounted to ¥334 billion, down ¥10.2 billion from the end of the previous consolidated fiscal year (ratio to the figure at the end of previous term: 97.0%). This is due to an increase in accumulated other comprehensive income and other factors.

Consolidated Statements of Operations

 Operating revenues in FY2015 amounted to ¥544.5 billion, up ¥11.8 billion from the previous year (ratio to the figure of previous term:102.2%). Operating revenue grew thanks to consolidation of Hokuriku Electric Construction Company and other factors in spite of falling electricity sales.
 Ordinary income came to ¥28 billion, up ¥5.7 billion from the previous year (ratio to the figure of previous term: 125.6%). This increase was realized by the increased amount of hydroelectric power generated and the reduced equipment cost in the face of the falling electricity sales and the reduced operation of our coal-fired power plants.
 As a result of adding ¥8.8 billion of income taxes and ¥4.8 billion of drought reserves to this, profit attributable to owners of parent amounted to ¥12.8 billion, up ¥3.9 billion from the previous year.
Moreover, net income per share was ¥61.74, up ¥18.69 from ¥43.05 in the previous term.

Consolidated Statements of Cash Flow

 The balance of cash and cash equivalents at the end of FY2015 totalled ¥193.1 billion, up ¥18.7 billion from the end of previous term (ratio to the figure at the end of previous term: 110.8%).
 Revenue from "operating activities" reached ¥69.7 billion, down ¥43.3 billion from the previous term (ratio to the figure of the previous term: 61.7%). This is due to enterprise tax payable and consumption tax payable as well as reduced trade payables.
 Expenditure from "investing activities" amounted to ¥85 billion, down ¥19 billion from the previous term (ratio to the figure of the previous term: 81.7%). This is due to lowered expenditure for acquisition of fixed assets and other factors.
 Cash inflow from "financing activities" was ¥33.9 billion (cash expenditure of ¥19.3 billion in the previous term). This is due to reduced expenditure for bond redemption.




Financial Review INDEX

Consolidated Financial Statements

Notes to Consolidated Financial Statements

Independent Auditor's Report

Six-Year Summary

IR Information

IR Presentation

IR Calendar

Financial Review

Rating Information

Enhance Competitiveness

IR library

Stock Information

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