Overseas Investment Risks Related to Australia’s Whitehaven Coal and Peabody Energy
First written in FY2017. 8 of 33 entries say "Worsened", first in FY2021-Q2. Latest entry: 2026-10-09.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「Ordinary profit for the current consolidated fiscal year was ¥2,794 million, down ¥1,917 million from the previous fiscal year and down 40.7% year on year, mainly due to a decrease in dividends received from Wambo Coal Pty Ltd (Wambo Coal in Australia). Net income for the fiscal year attributable to owners of the parent was similarly ¥2,638 million, down ¥1,557 million and 37.1% year on year.」
The decrease in dividends received from Wambo Coal became a factor behind the declines in ordinary profit and net income for the fiscal year attributable to owners of the parent, with the volatility associated with reliance on overseas investment income reflected in full-year results. - FY2026-H1WorsenedAnnual report
「Meanwhile, due to a decrease in dividends received from Wambo Coal Pty (Wambo Coal in Australia), ordinary profit was ¥1,303 million, down 43.8% year on year, and interim net income attributable to owners of the parent was ¥1,254 million, down 45.7%, resulting in lower profit.」
The continued decrease in dividends received from Wambo Coal in Australia became a factor behind the declines in ordinary profit and interim net income attributable to owners of the parent. - FY2025WorsenedAnnual report
「Profit distributions from Wambo Coal in Australia, recorded as dividend income under non-operating income, decreased by ¥3,556 million from the previous consolidated fiscal year to ¥4,626 million, resulting in lower profit.」
Profit distributions from Wambo Coal in Australia decreased by ¥3,556 million from the previous consolidated fiscal year, reducing the contribution of overseas investments to earnings. - FY2025-H1WorsenedAnnual report
「During the first half of the fiscal year, transaction volumes declined due to a shift in the timing of coal sales, while lower coal prices and reduced dividends received from the Wambo coal mine in Australia also contributed to the decline. Net sales fell 61.8% year on year to ¥5,806 million, and segment profit declined 55.3% to ¥2,540 million, resulting in lower revenue and profit.」
Decreased dividends received from the Wambo coal mine in Australia reduced the coal business's contribution to earnings from the previous year's level. - FY2024RestatedAnnual report
「The company's consolidated subsidiary 住石マテリアルズ株式会社 holds Class B shares of Wambo Coal (Wambo Coal Pty Ltd) in Australia. The business conditions of Peabody in the United States, which operates the company, and other factors could affect the financial position and operating results of the company's group.」
The company continues to disclose the overseas investment risk that the business conditions of Wambo Coal and its operator, Peabody, among others, could affect its financial position and operating results. - FY2024-Q3RestatedAnnual report
「During the first nine months of the fiscal year, coal sales volumes declined, but higher dividends received from the Wambo coal mine in Australia and other factors lifted segment profit. Net sales fell 50.1% year on year to ¥16,219 million, while segment profit rose 431.0% to ¥5,659 million, resulting in lower revenue but higher profit.」
While coal sales volumes declined, the company again reported that increased dividends received from the Wambo coal mine in Australia contributed to segment profit. - FY2024-Q2Increase in dividend incomeAnnual report
「During the first half of the fiscal year, coal sales volumes declined, but higher dividends received from the Wambo coal mine in Australia and other factors lifted segment profit. Net sales fell 37.1% year on year to ¥15,201 million, while segment profit rose 559.2% to ¥5,677 million, resulting in lower revenue but higher profit.」
While coal sales volumes declined, increased dividends received from the Wambo coal mine in Australia contributed to coal business profit. - FY2023MitigatedAnnual report
「Dividends of ¥3,570 million received from Wambo Coal in Australia, an investee (Wambo Coal Pty Ltd), also made a significant contribution」
Dividends received from Wambo Coal increased from ¥2,128 million in the previous fiscal year to ¥3,570 million, expanding the contribution of overseas investments to earnings. - FY2023-Q3RestatedAnnual report
「Dividends of ¥536 million received from Wambo Coal in Australia, an investee, also contributed」
The ¥536 million in dividends received from Wambo Coal in Australia continues to be shown as contributing to the coal business's results. - FY2023-Q2MitigatedAnnual report
「Dividends of ¥536 million received from Wambo Coal in Australia, an investee, also contributed. Revenue was ¥24,173 million, up 599.5% year on year, and segment profit was ¥861 million, up 32.5%, resulting in higher revenue and profit.」
Dividends received from Wambo Coal in Australia totaled ¥536 million, exceeding the previous year's level. The recovery in dividend income following the absence of dividends in the previous fiscal year has continued. - FY2022MitigatedAnnual report
「In the coal business segment, coal prices rose sharply during the current consolidated fiscal year in response to increased energy demand accompanying the global economic recovery from COVID-19. Dividends of ¥2,128 million from Wambo Coal in Australia, an investee, also contributed, resulting in revenue of ¥11,721 million, up 34.0% year on year, and segment profit of ¥2,629 million, up 773.5%.」
Wambo Coal, which had paid no dividends in the previous fiscal year, paid ¥2,128 million in dividends, restoring the contribution of overseas investments to earnings along with the recovery in coal prices. - FY2022-Q3RestatedAnnual report
「The resumption of dividend payments by Wambo Coal in Australia, an investee, at ¥431 million also contributed. Revenue was ¥7,498 million, up 17.5% year on year, and segment profit was ¥761 million, up 278.4%, resulting in higher revenue and profit.」
The ¥431 million resumption of dividend payments by Wambo Coal in Australia continues to be shown as contributing to coal business profit. - FY2022-Q2MitigatedAnnual report
「The resumption of dividend payments by Wambo Coal in Australia, an investee, at ¥431 million also contributed. Revenue was ¥3,455 million, down 16.6% year on year, while segment profit was ¥649 million, up 409.3%, resulting in lower revenue but higher profit.」
Wambo Coal in Australia, which had paid no dividends in the previous fiscal year, resumed dividend payments of ¥431 million, restoring the contribution of overseas investments to earnings. - FY2021Explicit disclosure of the estimated valuation of Wambo Coal sharesAnnual report
「The company's consolidated subsidiary 住石マテリアルズ株式会社 holds 25 million Class B shares of Wambo Coal, the operator of an Australian coal mine. As of the end of the current consolidated fiscal year, ¥2,108 million is recorded under investment securities as foreign-currency-denominated shares without residual asset distribution rights.」
For Wambo Coal's Class B shares, the company disclosed 25 million shares and a carrying amount of ¥2,108 million, and explained that Wambo Coal's financial position, operating results and future dividend-paying capacity could affect the valuation from the following fiscal year onward. - FY2021-Q3RestatedAnnual report
「Dividends from Wambo Coal in Australia, an investee, were zero because the company recognized an impairment loss amid a sharp drop in coal prices and substantial production adjustments. Dividend income in the cumulative same quarter of the previous consolidated fiscal year was ¥948 million.」
The absence of dividends has continued as a result of the sharp drop in coal prices and Wambo Coal's substantial production adjustments and recognition of an impairment loss. - FY2021-Q2WorsenedAnnual report
「Dividends from Wambo Coal in Australia, an investee, were zero because the company recognized an impairment loss amid a sharp drop in coal prices and substantial production adjustments. Dividend income in the same quarter of the previous year was ¥948 million.」
Wambo Coal's recognition of an impairment loss following the sharp drop in coal prices and substantial production adjustments resulted in no dividend being paid, eliminating the contribution of overseas investments to earnings. - FY2020Full-year decrease in dividends received from AustraliaAnnual report
「Ordinary profit was ¥1,262 million, down 40.7% year on year, due in part to a decrease in dividends received from Wambo Coal in Australia compared with the previous consolidated fiscal year.」
Dividends received from Wambo Coal in Australia decreased year on year, becoming a factor behind the decline in ordinary profit. - FY2020-Q2Increase in dividends received from AustraliaAnnual report
「Meanwhile, ordinary profit exceeded the previous year at ¥889 million, up 120.4% year on year, due in part to increased dividends received from Wambo Coal in Australia.」
Increased dividends received from Wambo Coal in Australia became a factor behind the increase in ordinary profit. While a decline in overseas investment income had been reported for the same quarter of the previous year, it turned upward in the current quarter. - FY2019Full-year results reflecting decreased dividends received from AustraliaAnnual report
「Due in part to dividends received from an Australian coal mining company being lower than in the previous fiscal year,」
Dividends received from Wambo Coal in Australia and other sources decreased by ¥544 million year on year, becoming a factor behind the decline in ordinary profit. - FY2019-Q3RestatedAnnual report
「Due in part to dividends received from Wambo Coal in Australia and the share of profit or loss of equity-method investees being lower than in the cumulative third quarter of the previous consolidated fiscal year」
Dividends received from Wambo Coal in Australia and the share of profit or loss of equity-method investees were lower than in the same period of the previous year, and the reduction in the contribution of overseas investments to earnings continued. - FY2019-Q2Decrease in dividends received from AustraliaAnnual report
「Due in part to dividends received from Wambo Coal in Australia and the share of profit or loss of equity-method investees being lower than in the cumulative second quarter of the previous consolidated fiscal year」
Dividends received from Wambo Coal in Australia and the share of profit or loss of equity-method investees were lower than in the same period of the previous year, reducing the contribution of overseas investments to earnings compared with the previous year. - FY2019-Q1No Australian dividend incomeAnnual report
「In addition, although no dividends were received from an Australian coal mining company during the cumulative first quarter of the current consolidated fiscal year, operating results for the period were revenue of ¥4,040 million, up 22.5% year on year, an ordinary loss of ¥16 million, compared with ordinary profit of ¥750 million in the same quarter of the previous year, and net income attributable to owners of the parent of ¥661 million, down 10.7% year on year, due in part to the recognition of ¥807 million in gains on the sale of investment securities.」
The dividends received from the Australian coal mining company in the same quarter of the previous year were absent in the current quarter, resulting in an ordinary loss of ¥16 million. At the same time, the company recognized ¥807 million in gains on the sale of investment securities. - FY2018Full-year results reflecting increased Australian dividendsAnnual report
「Due in part to a ¥2,125 million increase in dividends received from an Australian coal mining company, revenue was ¥14,402 million, up 14.8% year on year, operating profit was ¥131 million, down 2.1%, and ordinary profit was ¥2,626 million, up 417.7%.」
Although the increase in dividends received from the Australian coal mining company is cited as a major factor behind the increase in full-year ordinary profit, the risks of overseas investments continue to be disclosed. - FY2018-Q3Continued increase in the impact of dividend income received from AustraliaAnnual report
「Due in part to a ¥1,450 million increase in the impact of dividends received from an Australian coal mining company, results for the cumulative third quarter of the current consolidated fiscal year were revenue of ¥11,659 million, up 44.1% year on year, ordinary profit of ¥1,985 million, up 387.6%, and net income attributable to owners of the parent of ¥1,797 million, up 464.3%.」
The increase in dividends received from an Australian coal mining company continues to be cited as a factor supporting consolidated results. - FY2018-Q2Increase in dividend receiptsAnnual report
「Due in part to receiving ¥1,128 million in dividends from an Australian coal mining company on 28 September 2017, results for the cumulative second quarter of the current consolidated fiscal year were revenue of ¥7,255 million, up 39.8% year on year, ordinary profit of ¥1,923 million, up 447.0%, and net income attributable to owners of the parent of ¥1,752 million, up 517.5%.」
The company received ¥1,128 million in dividends from an Australian coal mining company, an increase from the ¥716 million received in FY2018-Q1. - FY2018-Q1Dividend receiptsAnnual report
「Due in part to the receipt of ¥716 million in dividends from an Australian coal mining company on 1 May 2017, results for the first quarter of the current consolidated cumulative period were revenue of ¥3,299 million, up 7.1% year on year, ordinary profit of ¥750 million, up 196.1%, and net income attributable to owners of the parent of ¥740 million, up 196.5%.」
The company cited the receipt of ¥716 million in dividends from an Australian coal mining company as a factor affecting results. It did not present a new assessment of the investment risk itself. - FY2017First statedAnnual report
「Our consolidated subsidiary 住石マテリアルズ株式会社 holds Class B shares in Australia's Wambo company. Its parent company, US-based Peabody, filed for Chapter 11 bankruptcy protection in April 2016, equivalent to civil rehabilitation proceedings in Japan, and completed the proceedings in April 2017. It has already been relisted on the New York market.」
In connection with the investment in Wambo, the company disclosed that the Chapter 11 filing by its parent, Peabody, had actually occurred, as well as the completion of the proceedings and the relisting. It explained that the Australian subsidiaries and Wambo continue to operate and that their performance remains solid.