Expansion from a Flow-Based Business to a Recurring-Revenue Business
First written in FY2016-Q3. 13 of 29 entries say "Advanced", first in FY2017. Latest entry: 2026-10-15.
2 other companies' latest entry also says "Restated".
- 2026-10-15RestatedEarnings
「ウエストエスコ事業は、LED照明では５年から７年、空調設備では10年から12年にわたり収益が見込まれるストック型の事業であります。」
ストック型事業の期間と、既存LED契約の満期による収益資産・売上高の減少傾向を改めて記載している。 - FY2026-H1ESCO business: lower revenue and earnings; preparation of new productsAnnual report
「Many LED lighting contracts are currently reaching maturity, and revenue-generating assets and net sales are both trending downward. However, we are preparing initiatives involving new energy-saving products to firmly offset the decline going forward. The business will remain a key business, and we will focus on cross-selling as part of our solution proposals to customers associated with solar power plants. As a result, net sales were ¥549 million, down 10.1% year on year, and operating profit was ¥55 million, down 70.3% year on year.」
The decline in revenue-generating assets and net sales due to maturing LED lighting contracts continued, resulting in net sales of ¥549 million and operating profit of ¥55 million. The company is also preparing new energy-saving products and continuing cross-selling to solar power plant customers. - FY2025-H1ESCO contracts reaching maturity; new product launchAnnual report
「Many LED lighting contracts are currently reaching maturity, and revenue-generating assets and sales are both trending downward. However, the temperature-control system for refrigeration and cold-storage equipment, a new product, has been launched, and we will firmly offset the decline going forward.」
Revenue-generating assets and sales are trending down as LED lighting contracts mature, while the temperature-control system for refrigeration and cold-storage equipment is being launched to offset the decline. - FY2024-Q3ESCO Business: Continued Revenue and Profit DeclineAnnual report
「As installation results for the West ESCO business increase, it becomes a stock business generating stable future income over 5 to 7 years for LED lighting and 10 to 12 years for air-conditioning equipment. We will continue to focus on the business, including cross-selling to existing customers. As a result, net sales were ¥1.240 billion, down 9.4% year on year, and operating profit was ¥275 million, down 24.5% year on year.」
Continues the 5- to 12-year stock-based model and cross-selling to existing customers, while revenue and operating profit declined year on year to ¥1.240 billion and ¥275 million, respectively. - FY2024-Q2ESCO Business: Lower Revenue and ProfitAnnual report
「As installation results for the West ESCO business increase, it becomes a stock business generating stable future income over 5 to 7 years for LED lighting and 10 to 12 years for air-conditioning equipment. We will continue to focus on the business, including cross-selling to existing customers. As a result, net sales were ¥886 million, down 3.8% year on year, and operating profit was ¥209 million, down 16.5% year on year.」
Continues the 5- to 12-year stock-based model and cross-selling to existing customers; cumulative second-quarter revenue and operating profit declined year on year to ¥886 million and ¥209 million, respectively. - FY2024-Q1ESCO Business: Lower Revenue, Higher ProfitAnnual report
「As installation results for the West ESCO business increase, it becomes a stock business generating stable future income over 5 to 7 years for LED lighting and 10 to 12 years for air-conditioning equipment. We will continue to focus on the business, including cross-selling to existing customers. As a result, net sales were ¥423 million, down 9.5% year on year, while operating profit was ¥102 million, up 4.6% year on year.」
Continues the 5- to 12-year stock-based model and cross-selling to existing customers; quarterly revenue declined 9.5% while operating profit increased 4.6%. - FY2023ESCO Business: Full-Year Revenue and Profit DeclineAnnual report
「As a result, net sales were ¥1.832 billion, down 5.8% year on year, and operating profit was ¥532 million, down 26.2% year on year.」
The 5- to 12-year stock-based model and focus on expanding orders continued, but full-year revenue and operating profit declined year on year to ¥1.832 billion and ¥532 million, respectively. - FY2023-Q2ESCO Business: Lower Revenue and ProfitAnnual report
「As a result, net sales were ¥921 million, down 8.8% year on year, and operating profit was ¥250 million, down 16.3% year on year.」
The ESCO business continued its 5- to 12-year stock-based model and focus on expanding orders, but revenue and operating profit declined year on year to ¥921 million and ¥250 million, respectively. - FY2022-Q3ESCO Business: Lower Revenue and ProfitAnnual report
「The ESCO business remains a stock-based business that generates future stable income over five to seven years for LED lighting and 10 to 12 years for air-conditioning equipment as the number of completed projects increases. As a result, revenue was ¥1,534 million, down 6.3% year on year, and operating profit was ¥453 million, down 10.5%.」
The five- to 12-year stock-based model continues, but revenue and operating profit declined year on year. - FY2022-Q2RestatedAnnual report
「As installation results for the West ESCO business increase, it becomes a stock business generating revenue over 5 to 7 years for LED lighting and 10 to 12 years for air-conditioning equipment.」
Continues to position the ESCO business as a stock business generating revenue over 5 to 12 years. - FY2022-Q1RestatedAnnual report
「As installation results for the West ESCO business increase, it becomes a stock business generating revenue over 5 to 7 years for LED lighting and 10 to 12 years for air-conditioning equipment.」
Continues to position the ESCO business as a stock business generating recurring revenue over 5 to 12 years. - FY2021ReframedAnnual report
「Pursuing flow revenue from power plant sales and stock revenue from O&M and securing green power sources at the same time」
Reframes the existing objective of balancing flow and stock businesses as a combination of power plant sales, O&M and securing green power sources. - FY2021-Q3AdvancedAnnual report
「As installation results for the West ESCO business increase, the business generates future stable income over 5 to 7 years for LED lighting and 10 to 12 years for air-conditioning equipment. Steady accumulation of installation results has increased net sales and operating profit. As a result, net sales were ¥1.637 billion, up 15.4% year on year, and operating profit was ¥507 million, up 29.8% year on year.」
The ESCO business maintained its 5- to 12-year recurring-revenue model and delivered higher revenue of ¥1.637 billion and operating profit of ¥507 million. - FY2021-Q2AdvancedAnnual report
「As installation results for the West ESCO business increase, the business generates future stable income over 5 to 7 years for LED lighting and 10 to 12 years for air-conditioning equipment. Steady accumulation of installation results has increased net sales and operating profit. As a result, net sales were ¥1.167 billion, up 24.4% year on year, and operating profit was ¥334 million, up 38.2% year on year.」
The ESCO business maintained its 5- to 12-year recurring-revenue model and recorded cumulative second-quarter revenue of ¥1.167 billion and operating profit of ¥334 million. - FY2021-Q1AdvancedAnnual report
「As installation results for the West ESCO business increase, the business generates future stable income over 5 to 7 years for LED lighting and 10 to 12 years for air-conditioning equipment. Steady accumulation of installation results has increased net sales and operating profit. As a result, net sales were ¥580 million, up 16.4% year on year, and operating profit was ¥119 million, up 7.2% year on year.」
The ESCO business maintained its 5- to 12-year recurring-revenue model and recorded first-quarter cumulative revenue of ¥580 million and operating profit of ¥119 million. - FY2020-Q3AdvancedAnnual report
「As installation results for the West ESCO business increase, the business generates future stable income over 5 to 7 years for LED lighting and 10 to 12 years for air-conditioning equipment. Steady accumulation of installation results has increased net sales and operating profit. As a result, net sales were ¥1.418 billion, up 17.4% year on year, and operating profit was ¥390 million, up 56.7% year on year.」
The ESCO business maintained its 5- to 12-year recurring-revenue model and delivered higher revenue and profit. - FY2020-Q2AdvancedAnnual report
「As installation results for the West ESCO business increase, the business generates future stable income over 5 to 7 years for LED lighting and 10 to 12 years for air-conditioning equipment. Steady accumulation of installation results has increased net sales and operating profit. As a result, net sales were ¥938 million, up 18.2% year on year, and operating profit was ¥242 million, up 69.1% year on year.」
The ESCO business maintained its recurring-revenue model, with cumulative second-quarter revenue of ¥938 million and operating profit of ¥242 million, both up year on year. - FY2020-Q1AdvancedAnnual report
「As installation results for the West ESCO business increase, the business generates revenue over 5 to 7 years for LED lighting and 10 to 12 years for air-conditioning equipment. Steady accumulation of installation results has increased net sales and operating profit. As a result, net sales were ¥499 million, up 23.7% year on year, and operating profit was ¥111 million, up 103.5% year on year.」
The ESCO business maintained its recurring-revenue model, with revenue up 23.7% and operating profit up 103.5%. - FY2019-Q3AdvancedAnnual report
「As installation results for the West ESCO business increase, the business is a stock-based business that generates revenue over 5 to 7 years for LED lighting and 10 to 12 years for air-conditioning equipment. Steady accumulation of installation results has increased net sales and operating profit. As a result, net sales were ¥1.208 billion, up 36.4% year on year, and operating profit was ¥249 million, compared with an operating loss of ¥19 million in the same quarter of the previous year.」
The ESCO business continued its recurring-revenue model, with revenue up 36.4% and operating profit improving to ¥249 million from an operating loss of ¥19 million in the previous year. - FY2019-Q2AdvancedAnnual report
「As installation results for the West ESCO business increase, the business generates future stable income over 5 to 7 years for LED lighting and 10 to 12 years for air-conditioning equipment. Steady accumulation of installation results has increased net sales and operating profit. As a result, net sales were ¥794 million, up 39.7% year on year, and operating profit was ¥143 million, compared with an operating loss of ¥46 million in the same quarter of the previous year.」
The ESCO business continued its recurring-revenue model, with revenue up 39.7% and operating profit improving to ¥143 million from an operating loss of ¥46 million in the previous year. - FY2019-Q1AdvancedAnnual report
「As installation results have increased, this West ESCO business has generated stable future income over five to seven years for LED lighting and 10 to 12 years for air-conditioning equipment, and revenue and operating profit have risen steadily as installation results have accumulated. As a result, revenue was ¥403 million, up 49.8% year on year, and operating profit was ¥54 million, compared with an operating loss of ¥101 million in the same quarter of the prior year.」
The ESCO business reported 49.8% revenue growth and turned from an operating loss into operating profit of ¥54 million. - FY2018AdvancedAnnual report
「The West ESCO business generated an installation track record of ¥3,870 million for the consolidated fiscal year, and is expected to provide stable future income as its installation record grows.」
Annual ESCO installations reached ¥3,870 million, demonstrating progress in the recurring-revenue model of 5 to 7 years for LED lighting and 10 to 12 years for air-conditioning equipment. - FY2018-Q2AdvancedAnnual report
「The ESCO business generated an installation track record of ¥1,823 million in the cumulative second-quarter period, and is expected to provide stable future income as its installation record grows.」
Cumulative second-quarter ESCO installations reached ¥1,823 million, demonstrating progress in the stock-based business expected to generate stable future income. - FY2018-Q1AdvancedAnnual report
「The ESCO business is a stock-based business that generates revenue and profit over five to seven years for LED lighting and 10 to 12 years for air-conditioning equipment, and is expected to provide stable future income as installation results accumulate. (Cumulative installations: 1,383 projects totaling ¥9,946 million.)」
Shows the recurring revenue periods of the ESCO business and cumulative installation results of 1,383 projects totaling ¥9,946 million. - FY2017AdvancedAnnual report
「As part of our medium- to long-term management strategy of strengthening our stock business, we made 株式会社日本メガソーラー発電, which owns 25 MW of solar power generation facilities, a wholly owned subsidiary in order to secure stable future earnings.」
Made a company owning 25 MW of solar power generation facilities a wholly owned subsidiary to strengthen the stock business and secure stable future earnings. - FY2017-Q3RestatedAnnual report
「Against this backdrop, while advancing our existing business of procuring materials for, constructing, selling and providing O&M (operation and maintenance) services for solar power generation systems, our group has expanded into the total energy business, including energy-efficiency services using LED lighting and air-conditioning equipment and the electricity retail business.」
Expands recurring businesses such as O&M, energy-saving services and retail electricity sales alongside the flow business of installing and selling solar power systems. - FY2017-Q1RestatedAnnual report
「Against this backdrop, while advancing our existing business of procuring materials for, constructing, selling and providing O&M (operation and maintenance) services for solar power generation systems, our group has expanded into the total energy business, including energy-efficiency services using LED lighting and air-conditioning equipment and the electricity retail business.」
Continues to operate ongoing businesses such as O&M, energy-saving services and electricity retailing alongside construction and sales. - FY2016RestatedAnnual report
「Our group, comprising the Company and its affiliates, consists of the Company, 42 consolidated subsidiaries, 2 unconsolidated subsidiaries and 1 equity-method affiliate. Its principal businesses are the design, construction and sale of public- and industrial-use solar power generation systems, O&M (operations and maintenance), ESCO energy-saving services, and electricity sales to companies and local governments.」
Operates recurring-revenue businesses such as O&M, ESCO services and electricity sales alongside solar power plant construction and sales. - FY2016-Q3First statedAnnual report
「In addition to expanding our flow-based business centered on the construction of solar power plants, we are expanding recurring-revenue businesses, including solar power plant management and maintenance, energy-saving and ESCO services, electricity retailing and electricity sales from our own power plants.」
Describes the expansion of recurring-revenue businesses, including maintenance, ESCO services, electricity retailing and sales from owned power plants, alongside the construction-centered flow business.