Upfront R&D losses in floating offshore wind power generation
First written in FY2019. 16 of 26 entries say "Worsened", first in FY2020-Q2. Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- 2026-08-07WorsenedEarnings
「Revenue was ¥1.2 billion, up 247.7% year on year, while segment loss (operating loss) was ¥0.4 billion, compared with a segment loss of ¥0.3 billion in the same period of the previous year.」
Revenue increased in the environmental and energy business, while the segment loss widened from the same period of the previous year. - FY2026WorsenedAnnual report
「The segment loss was ¥1.2 billion.」
Revenue from the Environment and Energy business increased to ¥3.3 billion, while the segment loss widened from ¥1.1 billion in the previous year to ¥1.2 billion. Losses incurred ahead of the commercialisation and monetisation of floating offshore wind power and other businesses remain. - 2026-05-15WorsenedEarnings
「(Environment and Energy) Revenue was ¥3.3 billion, up 261.5% year on year, while segment loss (operating loss) was ¥1.2 billion, compared with a segment loss of ¥1.1 billion in the previous fiscal year. The increase in revenue was due to the commencement of operations at the offshore wind power generation project off the coast of Goto City and the onshore wind power business in the Federative Republic of Brazil.」
Revenue increased following the commencement of offshore and onshore wind power operations, while the environmental and energy business's loss widened from ¥1.1 billion to ¥1.2 billion. - FY2026-H1WorsenedAnnual report
「Revenue from the Environment and Energy segment was ¥800 million, up 89.0% year on year, while the segment loss (operating loss) was ¥800 million, compared with a ¥600 million segment loss in the same interim period of the previous year.」
The Environment and Energy business reported higher revenue, while the segment loss widened from ¥600 million in the previous period to ¥800 million. Losses incurred ahead of commercialisation and monetisation also worsened during the interim period. - FY2025WorsenedAnnual report
「A segment loss was recognised due to lower revenue and profit resulting from lower electricity sales prices in the onshore wind power business being developed in the Federative Republic of Brazil, as well as front-loaded costs related to the floating offshore wind power business off Goto City, Nagasaki Prefecture.」
The Environment and Energy business saw its segment loss widen from ¥400 million to ¥1 billion due to lower electricity sales prices and front-loaded costs for floating offshore wind power. The provision for losses in the Environment and Energy business also rose to ¥1.474 billion. - FY2025-H1WorsenedAnnual report
「Revenue from the Environment and Energy segment was ¥400 million, down 31.9% year on year, while the segment loss (operating loss) was ¥500 million, compared with a ¥100 million segment loss in the same interim period of the previous year.」
The Environment and Energy business reported lower revenue, and the segment loss widened from ¥100 million in the previous period to ¥500 million. Losses associated with front-loaded commercialisation and monetisation worsened during the interim period. - FY2024WorsenedAnnual report
「Revenue declined due to lower electricity sales income, while a segment loss was recognised because costs related to the onshore wind power business in the Federative Republic of Brazil and the floating offshore wind power business off Goto City, Nagasaki Prefecture, were incurred ahead of revenue.」
The Environment and Energy business reported revenue of ¥1.3 billion and a segment loss of ¥400 million, swinging from a ¥48 million profit in the previous year to a loss. A provision of ¥821 million for losses in the Environment and Energy business was also recognised. - FY2024-Q3WorsenedAnnual report
「For construction in progress in the Environment and Energy segment, the carrying amount was reduced to the memorandum value following an assessment of recoverability that took into account the outlook for future income and expenditure, and the reduction was recognised as an impairment loss under extraordinary losses.」
The Environment and Energy business recognised an impairment loss of ¥2.173 billion on construction in progress during the cumulative third quarter. It also recognised a provision of ¥3.193 billion for losses in the Environment and Energy business to cover future losses, resulting in an expansion of losses associated with front-loaded commercialisation and monetisation. - FY2024-Q2MitigatedAnnual report
「Revenue from the Environment and Energy segment was ¥600 million, down 9.5% year on year, while the segment loss (operating loss) was ¥100 million, compared with a ¥200 million segment loss in the same quarter of the previous year.」
The Environment and Energy business reported lower revenue, while the segment loss narrowed from ¥200 million in the same period of the previous year to ¥100 million. Although losses associated with front-loaded commercialisation and monetisation remain, performance improved year on year. - FY2024-Q1MitigatedAnnual report
「Revenue from the Environment and Energy segment was ¥300 million, down 8.1% year on year, while the segment loss (operating loss) was ¥18 million, compared with a ¥100 million segment loss in the same quarter of the previous year.」
The Environment and Energy business reported lower revenue, while the segment loss narrowed from ¥100 million in the same period of the previous year to ¥18 million. - FY2023WorsenedAnnual report
「The group as a whole reported revenue of ¥10.9 billion, down 40.8% year on year, due to impairment losses on fixed assets in the Environment and Energy business.」
The Environment and Energy business recognised an impairment loss on fixed assets of ¥1,034.5 million. For construction in progress in Goto City, the impairment loss was ¥9.534 billion, not ¥95.34 billion. The risks associated with front-loaded commercialisation and monetisation in the New Businesses segment became substantially evident for the full fiscal year. - FY2023-Q3MaterialisedAnnual report
「For construction in progress in the Environment and Energy segment, the carrying amount was reduced to the recoverable amount following an assessment of recoverability that took into account the outlook for future income and expenditure, and the reduction was recognised as an impairment loss under extraordinary losses. The impairment loss recognised for the cumulative third quarter of the current consolidated fiscal year was ¥2,784 million.」
An assessment of the recoverability of the Environment and Energy business based on its outlook for future income and expenditure resulted in cumulative impairment losses of ¥2.784 billion on construction in progress. The recognised amount increased from ¥2.042 billion in the cumulative second quarter of the previous fiscal year, and losses associated with front-loaded commercialisation and monetisation expanded. - FY2023-Q2MaterialisedAnnual report
「For construction in progress in the Environment and Energy segment, the carrying amount was reduced to the recoverable amount following an assessment of recoverability that took into account the outlook for future income and expenditure, and the reduction was recognised as an impairment loss under extraordinary losses. The impairment loss recognised for the cumulative second quarter of the current consolidated fiscal year was ¥2,042 million.」
In the Environment and Energy business, an impairment loss of ¥2.042 billion was recognised on construction in progress based on a review of future income and expenditure. The loss increased from ¥760 million in the first quarter of the previous fiscal year to ¥2.042 billion on a cumulative basis through the second quarter of the current fiscal year. - FY2023-Q1MaterialisedAnnual report
「For construction in progress in the Environment and Energy segment, the carrying amount was reduced to the recoverable amount following an assessment of recoverability that took into account the outlook for future income and expenditure, and the reduction was recognised as an impairment loss under extraordinary losses. The impairment loss recognised for the cumulative first quarter of the current consolidated fiscal year was ¥760 million.」
In the Environment and Energy business, an impairment loss of ¥760 million was recognised on construction in progress following an assessment of recoverability based on the outlook for future income and expenditure. While the New Businesses segment's loss level had improved in the previous fiscal year, the decline in asset values has emerged again. - FY2022MitigatedAnnual report
「Revenue from the New Businesses segment increased 48.6% from the previous consolidated fiscal year to ¥2.9 billion, and the segment posted a loss of ¥200 million.」
The New Businesses segment loss narrowed from ¥1 billion in the previous fiscal year to ¥200 million. Although research and development spending remains front-loaded in floating offshore wind power, the deficit narrowed due in part to the recognition of revenue from the Brazilian wind power business. - FY2022-Q3MitigatedAnnual report
「Revenue from the New Businesses segment was ¥2.1 billion, up 47.5% year on year, while the segment posted a loss of ¥200 million, compared with a ¥500 million segment loss in the same quarter of the previous year.」
Revenue from the New Businesses segment increased, while the segment loss narrowed from ¥500 million in the same period of the previous year to ¥200 million. Although losses attributable to front-loaded research and development and commercialisation costs remain, the loss level improved. - FY2022-Q2MitigatedAnnual report
「Revenue from the New Businesses segment was ¥1.2 billion, up 33.2% year on year, while the segment posted a loss of ¥100 million, compared with a ¥300 million segment loss in the same quarter of the previous year.」
Revenue from the New Businesses segment increased 33.2% year on year to ¥1.2 billion, while the segment loss narrowed from ¥300 million in the same period of the previous year to ¥100 million. Although losses attributable to front-loaded research and development and commercialisation costs remain, the loss level improved. - FY2022-Q1MitigatedAnnual report
「Revenue from the New Businesses segment was ¥600 million, up 37.2% year on year, while the segment posted a loss of ¥61 million, compared with a ¥100 million segment loss in the same quarter of the previous year.」
Revenue from the New Businesses segment increased, while the segment loss narrowed from ¥100 million in the same period of the previous year to ¥61 million. Although losses attributable to front-loaded research and development and commercialisation costs remain, the loss level improved year on year. - FY2021WorsenedAnnual report
「The long-term business income and expenditure plan was reviewed because the full-scale development of floating offshore wind power projects in Japan is taking longer than initially expected.」
The delay in the full-scale development of floating offshore wind power resulted in an impairment loss of ¥1,021 million, including ¥933 million related to Offshore Wind Farm Construction assets. The New Businesses segment loss also widened from ¥300 million in the previous year to ¥1 billion. - FY2021-Q3WorsenedAnnual report
「Revenue from the New Businesses segment was ¥1.4 billion, up 3.0% year on year, while the segment posted a loss of ¥500 million, compared with a ¥100 million segment loss in the same quarter of the previous year.」
Revenue from the New Businesses segment increased, while the segment loss widened from ¥100 million in the same quarter of the previous year to ¥500 million. Losses attributable to front-loaded research and development and commercialisation costs continued into the third quarter. - FY2021-Q2WorsenedAnnual report
「Revenue from the new-area business was ¥900 million, up 15.3% year on year, and the segment loss was ¥300 million, compared with a segment loss of ¥100 million in the same period of the previous year.」
Revenue from the new-area business increased, while the segment loss widened from ¥100 million in the same period of the previous year to ¥300 million. Losses from front-loaded R&D and commercialization costs worsened in the second quarter as well. - FY2021-Q1WorsenedAnnual report
「Revenue from the new-area business was ¥400 million, up 16.3% year on year, and the segment loss was ¥100 million, compared with a segment loss of ¥44 million in the same period of the previous year.」
Revenue from the new-area business increased, while the segment loss widened from ¥44 million in the same period of the previous year to ¥100 million. Losses from front-loaded R&D and commercialization costs continued into the first quarter. - FY2020WorsenedAnnual report
「The segment loss was ¥1.1 billion in the floating offshore wind power generation business, as spending on research and development was incurred ahead of electricity sales revenue.」
The new-area business's loss widened from ¥800 million in the previous year to ¥1.1 billion, as R&D spending continued to precede electricity sales revenue. - FY2020-Q3WorsenedAnnual report
「Revenue from the new-area business was ¥200 million, up 142.1% year on year, and the segment loss was ¥700 million, compared with a segment loss of ¥500 million in the same period of the previous year.」
Revenue from the new-area business increased, while the segment loss widened from ¥500 million in the same period of the previous year to ¥700 million. The risk of losses from front-loaded R&D and commercialization costs continued to worsen. - FY2020-Q2WorsenedAnnual report
「Revenue from the new-area business was ¥55 million, down 16.9% year on year, and the segment loss was ¥500 million, compared with a segment loss of ¥300 million in the same period of the previous year.」
Revenue from the new-area business decreased 16.9% year on year, while the segment loss widened from ¥300 million in the same period of the previous year to ¥500 million. - FY2019MaterialisedAnnual report
「The segment loss was ¥800 million for the consolidated fiscal year, as spending on research and development in the floating offshore wind power generation business was incurred ahead of electricity sales revenue.」
In the new-area business, R&D spending preceded electricity sales revenue, resulting in a segment loss of ¥800 million. This was identified as a materialized risk related to the commercialization and monetization of the new-area business, separate from the existing overseas construction losses.