Risks from fluctuations in coal prices, sales volumes and foreign exchange rates
First written in FY2017-Q1. 14 of 30 entries say "Worsened", first in FY2017-Q2. Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1DroppedAnnual report
「Revenue decreased by ¥10,389 million, or 26.2%, year on year to ¥29,238 million, mainly because the coal production and sales businesses, which comprised the Energy segment, ended in the fiscal year ended March 2024.」
The coal production and sales businesses ended, and the conventional performance risks of the Energy business arising from coal price and sales volume fluctuations are no longer reported as part of current business performance. - FY2024-Q3WorsenedAnnual report
「(Energy segment) Revenue decreased by ¥4,454 million, or 13.1%, year on year to ¥29,545 million, mainly due to lower coal prices in the coal production business, while segment profit decreased by ¥3,414 million, or 14.8%, to ¥19,600 million.」
The impact of lower coal prices became apparent in the Energy segment during the first nine months, with revenue down 13.1% and segment profit down 14.8%. - FY2024-Q2MitigatedAnnual report
「(Energy segment) Revenue increased by ¥4,100 million, or 23.0%, year on year to ¥21,895 million, mainly due to higher coal prices in the coal production business, while segment profit increased by ¥4,694 million, or 43.0%, to ¥15,622 million.」
Higher coal prices resulted in both Energy segment revenue and segment profit exceeding the previous year's levels. The adverse impact of price fluctuation risk was mitigated during the first six months of the current consolidated fiscal year. - FY2024-Q1MitigatedAnnual report
「(Energy segment) Revenue increased by ¥8,426 million, or 147.6%, year on year to ¥14,135 million, mainly due to higher coal prices in the coal production business, while segment profit increased by ¥6,693 million, or 240.0%, to ¥9,482 million.」
Higher coal prices significantly increased Energy segment revenue and segment profit, mitigating the conventional adverse impact of price fluctuations during the quarter. - FY2023-Q3MitigatedAnnual report
「(Energy segment) Revenue increased by ¥21,291 million, or 167.5%, year on year to ¥33,999 million, mainly due to higher coal prices in the coal production business, while segment profit increased by ¥19,726 million, or 599.9%, to ¥23,014 million.」
Higher coal prices significantly increased Energy segment revenue and segment profit, mitigating the conventional adverse impact of price fluctuations during the first nine months. - FY2023-Q2MitigatedAnnual report
「(Energy segment) Revenue increased by ¥10,617 million, or 147.9%, year on year to ¥17,794 million, mainly due to higher coal prices in the coal production business, while segment profit increased by ¥9,393 million, or 612.0%, to ¥10,927 million.」
Higher coal prices resulted in Energy segment revenue increasing 147.9% and segment profit increasing 612.0% year on year, mitigating the conventional adverse impact of price fluctuations during the first six months. - FY2023-Q1MitigatedAnnual report
「(Energy segment) Revenue increased by ¥1,750 million, or 44.2%, year on year to ¥5,708 million, mainly due to higher coal prices in the coal production business, while segment profit increased by ¥2,227 million, or 396.9%, to ¥2,788 million.」
Higher coal prices significantly increased Energy segment revenue and segment profit, mitigating the adverse impact of price fluctuations during the quarter. However, an ¥69 million foreign exchange loss was also recorded in ordinary profit. - FY2022WorsenedAnnual report
「The selling prices and sales volumes of the coal handled by the Group are strongly affected by political conditions in various countries, including wars and conflicts and efforts to decarbonize, economic conditions, international market trends, and competition with other companies. Contract structures for coal transactions between buyers and suppliers are also becoming more diverse, with pricing methods linked to benchmark index prices becoming increasingly prevalent, and coal contract prices therefore tend to fluctuate more than in the past.」
In addition to the conventional risks of price and sales volume fluctuations, the company explicitly identifies wars and conflicts, decarbonization efforts, and increased volatility in contract prices arising from the spread of contracts linked to index prices. - FY2022-Q3MitigatedAnnual report
「Segment profit increased by ¥2,061 million, or 168.1%, year on year to ¥3,288 million, mainly due to higher coal prices in the coal production business and a weaker yen against the Australian dollar in the exchange rate used for financial reporting (A$/yen).」
Higher coal prices and the weaker yen resulted in Energy segment profit increasing 168.1% year on year, mitigating the adverse impact of price and foreign exchange fluctuations during the first six months. - FY2022-Q2MitigatedAnnual report
「Segment profit increased by ¥360 million, or 30.7%, year on year to ¥1,534 million, mainly due to higher coal prices in the coal production business and a weaker yen against the Australian dollar in the exchange rate used for financial reporting (A$/yen).」
Higher coal prices and the weaker yen resulted in Energy segment profit increasing 30.7% year on year, mitigating the adverse impact of price fluctuations during the quarter. - FY2022-Q1WorsenedAnnual report
「Segment profit decreased by ¥68 million, or 10.9%, year on year to ¥561 million, mainly due to lower coal prices in the coal production business.」
The decline in Energy segment profit due to lower coal prices continued, with segment profit down 10.9% year on year. - FY2021WorsenedAnnual report
「Revenue decreased by ¥8,025 million, or 19.6%, year on year to ¥32,985 million, mainly due to lower coal prices in the coal sales business. Segment profit decreased by ¥1,679 million, or 51.0%, to ¥1,612 million, mainly due to lower coal prices in the coal production business.」
The impact of lower coal prices became apparent over the full year, with Energy segment revenue down 19.6% and segment profit down 51.0%. - FY2021-Q3WorsenedAnnual report
「(Energy segment) Revenue decreased by ¥6,717 million, or 22.6%, year on year to ¥22,968 million, mainly due to lower coal prices in the coal sales business. Segment profit decreased by ¥945 million, or 43.5%, to ¥1,226 million, mainly due to lower coal prices in the coal production business.」
Coal prices continued to fall, with Energy segment revenue down 22.6% and segment profit down 43.5% year on year. The adverse impact of price fluctuation risk is increasing. - FY2021-Q2WorsenedAnnual report
「(Energy segment) Revenue decreased by ¥2,087 million, or 10.4%, year on year to ¥17,998 million, mainly due to lower coal prices in the coal production business, while segment profit decreased by ¥505 million, or 30.1%, to ¥1,173 million.」
Lower coal prices were reflected in the Energy segment results, with revenue down 10.4% and segment profit down 30.1% year on year. The adverse impact of price fluctuation risk continues. - FY2021-Q1WorsenedAnnual report
「Revenue decreased by ¥923 million, or 8.5%, year on year to ¥9,934 million, mainly due to lower coal prices in the coal production business, while segment profit decreased by ¥490 million, or 43.8%, to ¥629 million.」
Lower coal prices were reflected in an 8.5% year-on-year decrease in Energy segment revenue and a 43.8% decrease in segment profit, indicating that the adverse impact of price fluctuation risk is increasing. - FY2020WorsenedAnnual report
「Revenue decreased by ¥15,711 million, or 27.7%, year on year to ¥41,010 million, mainly due to a decline in coal sales volumes and lower coal prices in the coal sales business within the Energy segment. Segment profit decreased by ¥2,095 million, or 38.9%, to ¥3,291 million, mainly due to lower coal prices in the coal production business.」
The decline in coal sales volumes and prices was reflected in the full-year results, with Energy segment revenue down 27.7% and segment profit down 38.9%. - FY2020-Q3WorsenedAnnual report
「Revenue decreased by ¥12,441 million, or 29.5%, year on year to ¥29,685 million, mainly due to a decline in coal sales volumes and lower coal prices in the coal sales business. Segment profit decreased by ¥1,384 million, or 38.9%, to ¥2,171 million, mainly due to a decline in coal sales volumes in the coal production business.」
In the Energy segment, lower coal sales volumes and prices resulted in revenue down 29.5% and segment profit down 38.9% year on year. - FY2020-Q3WorsenedAnnual report
「For the first nine months of the current consolidated fiscal year, revenue decreased by ¥8,080 million, or 14.3%, year on year to ¥48,497 million, mainly due to a decline in coal sales volumes and lower coal prices in the Energy segment, while operating profit decreased by ¥1,927 million, or 53.5%, to ¥1,675 million.」
In addition to the decline in sales volumes that had become apparent through the previous quarter, coal prices also fell, resulting in consolidated revenue down 14.3% year on year and operating profit down 53.5%. The adverse impact of volume and price fluctuation risks is increasing. - FY2020-Q2WorsenedAnnual report
「For the first six months of the current consolidated fiscal year, revenue decreased by ¥5,272 million, or 14.0%, year on year to ¥32,509 million, mainly due to a decline in coal sales volumes in the coal sales business within the Energy segment.」
The decline in coal sales volumes was reflected in the results, with consolidated revenue down 14.0% year on year and Energy segment revenue down 29.0%. The adverse impact of volume fluctuation risk has become apparent again. - FY2020-Q1WorsenedAnnual report
「For the first quarter of the current consolidated fiscal year, revenue decreased by ¥1,755 million, or 9.5%, year on year to ¥16,722 million, mainly due to a decline in coal sales volumes in the coal sales business within the Energy segment.」
Although coal prices rose, the decline in sales volumes was reflected in a 9.5% year-on-year decrease in revenue, indicating that the adverse impact of volume fluctuations had become apparent. - FY2019RestatedAnnual report
「The selling prices and sales volumes of coal handled by the Group are affected by economic conditions, international market trends and competition with competitors, and fluctuations in these factors may affect the Group's operating results and financial position.」
The company continues to identify fluctuations in coal selling prices and sales volumes as major risks affecting business performance and financial position, reaffirming them in its annual report. - FY2019-Q2MitigatedAnnual report
「For the first six months of the current consolidated fiscal year, revenue increased by ¥7,480 million, or 24.7%, year on year to ¥37,781 million, mainly due to higher coal prices and increased coal sales volumes in the coal sales business within the Energy segment.」
Higher coal prices and increased sales volumes continued to mitigate the adverse impact of price and volume fluctuations that had become apparent through the previous year. Foreign exchange gains were also recorded in ordinary profit. - FY2019-Q1MitigatedAnnual report
「For the first quarter of the current consolidated fiscal year, revenue increased by ¥2,651 million, or 16.8%, year on year to ¥18,478 million, mainly due to higher coal prices and increased coal sales volumes in the coal sales business within the Energy segment.」
Higher coal prices and increased sales volumes mitigated the adverse impact of price and volume fluctuations during the quarter, and revenue increased 16.8% year on year. - FY2018RestatedAnnual report
「The selling prices and sales volumes of coal handled by the Group are affected by economic conditions, international market trends and competition with competitors, and fluctuations in these factors may affect the Group's operating results and financial position.」
The company continues to identify fluctuations in coal selling prices and sales volumes as major risks affecting business performance and financial position, reaffirming them in its annual risk disclosures. - FY2018-Q3MitigatedAnnual report
「Regarding performance for the nine-month period ended in the third quarter, revenue increased to ¥49,037 million, up ¥10,868 million, or 28.5%, year on year, due mainly to higher coal prices and increased coal sales volumes in the coal sales business of the energy segment.」
Higher coal prices and increased sales volumes resulted in a 28.5% year-on-year increase in revenue. The adverse effects of fluctuations in prices and volumes that had emerged through the previous year remained mitigated in cumulative results for the current quarter. - FY2018-Q2MitigatedAnnual report
「Regarding performance for the six-month period ended in the second quarter, revenue increased to ¥30,301 million, up ¥7,704 million, or 34.1%, year on year, due mainly to higher coal prices and increased coal sales volumes in the coal sales business of the energy segment.」
In contrast to the effects of lower coal prices and lower sales volumes that had emerged through the previous fiscal year, cumulative revenue for the current quarter increased as prices and volumes rose, further mitigating the adverse effects of these risks. - FY2018-Q1MitigatedAnnual report
「Regarding performance for the three-month period ended in the first quarter, revenue increased to ¥15,826 million, up ¥4,388 million, or 38.4%, year on year, due mainly to higher coal prices and increased coal sales volumes in the coal sales business of the energy segment.」
The adverse effects of lower coal prices and lower sales volumes that had emerged through the previous quarter reversed during the current quarter, with prices and volumes rising and overall revenue increasing. Meanwhile, a foreign exchange loss of ¥118 million was recorded. - FY2017-Q3WorsenedAnnual report
「Regarding performance for the nine-month period ended in the third quarter, revenue declined to ¥38,169 million, down ¥7,365 million, or 16.2%, year on year, and the Company recorded an operating loss of ¥279 million, compared with operating profit of ¥1,012 million in the same period of the previous year, due mainly to lower coal prices and lower coal sales volumes in the energy business.」
The effects of lower coal prices and lower sales volumes became further apparent in cumulative results, with revenue falling 16.2% year on year and an operating loss of ¥279 million recorded. A foreign exchange loss of ¥173 million was also recorded. - FY2017-Q2WorsenedAnnual report
「Regarding performance for the six-month period ended in the second quarter, revenue declined to ¥22,597 million, down ¥7,879 million, or 25.9%, year on year, and the Company recorded an operating loss of ¥675 million, compared with operating profit of ¥442 million in the same period of the previous year, due mainly to lower coal prices and lower coal sales volumes in the energy business. Ordinary loss was ¥688 million, compared with ordinary profit of ¥760 million in the same period of the previous year.」
The effects of lower coal prices and lower sales volumes appeared in cumulative results, with revenue in the energy business falling 41.0% year on year and the segment recording a loss of ¥724 million. - FY2017-Q1First statedAnnual report
「The performance of the fuel business is heavily affected by fluctuations in external factors such as coal prices and foreign exchange rates. In addition, structural changes surrounding energy resources, including renewable energy and shale gas, have been progressing in recent years.」
During the current quarter, the effects of lower coal prices, lower sales volumes and foreign exchange losses were reflected in the results. Revenue fell 22.4% year on year, and the Company recorded an ordinary loss of ¥436 million.