Komori
Yondenko (1939) · InitiativeAdvanced

Expansion and Monetization of the Solar Power Generation Business

First written in FY2016. 23 of 34 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.

34entries
11years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q1 – FY2020-Q1OtherFY2023 – FY2024-Q3AdvancedFY2025-H1 – FY20262016: 320162017: 420172018: 420182019: 420192020: 420202021: 420212022: 320222023: 420232024: 220242025: 120252026: 12026
Same theme, other companies
Growth in the Performance of the Solar Power Generation and Green Energy BusinessA theme 17 companies write about · 0 as a headwind · 16 as a tailwind

The whole theme swung hardest in 2019: 2 of 11 companies on the "Worse" side.

3 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 17 companies compared. The sentences above are computed from all 17.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「The start-up of newly constructed power plants and facility upgrades to mitigate the impact of output curtailment improved capacity utilization. Revenue was ¥2,259 million, up ¥149 million, or 7.1%, and segment profit was ¥938 million, up ¥137 million, or 17.2%.」

    Improved capacity utilization following the start-up of newly constructed power plants and facility upgrades to address output curtailment resulted in higher revenue and profit in the solar power generation business.
  2. FY2026-H1AdvancedAnnual report

    「Due mainly to the start-up of newly constructed power plants, revenue was ¥1,280 million, up 1.4%, and segment profit was ¥619 million, up 3.3%.」

    Newly constructed power plants began operations in the solar power generation business, lifting both revenue and segment profit above the previous year. The disclosure describes the start-up of new facilities and progress toward monetization.
  3. FY2025-H1AdvancedAnnual report

    「Due mainly to improved capacity utilization, revenue was ¥1,261 million, up 3.9%, and segment profit was ¥599 million, up 19.9%.」

    Improved capacity utilization in the solar power generation business lifted both revenue and segment profit above the previous year's interim consolidated accounting period. The disclosures of lower revenue and profit due to output curtailment and other factors indicate an improvement in earnings.
  4. FY2024-Q3Continued decline in revenue and profit due to output curtailmentAnnual report

    「Due mainly to lower capacity utilization resulting from output curtailment, revenue was ¥1,679 million, down 5.3%, and segment profit was ¥635 million, down 15.8%.」

    In the solar power generation business, lower capacity utilization due to output curtailment continued, leaving revenue and segment profit below the same quarter of the previous year.
  5. FY2024-Q2Continued decline in revenue and profit due to output curtailmentAnnual report

    「Due mainly to lower capacity utilization resulting from output curtailment, revenue was ¥1,214 million, down 7.8% year on year, and segment profit was ¥500 million, down 21.5%.」

    In the solar power generation business, lower capacity utilization due to output curtailment continued, leaving revenue and segment profit below the same quarter of the previous year.
  6. FY2024-Q1Decline in earnings due to output curtailment and fewer hours of sunshineAnnual report

    「Due mainly to lower capacity utilization resulting from output curtailment and fewer hours of sunshine, revenue was ¥558 million, down 18.5%, and segment profit was ¥210 million, down 39.4%.」

    In the solar power generation business, lower capacity utilization resulting from output curtailment and fewer hours of sunshine was cited as a factor behind the decline in revenue and profit in the current quarter.
  7. FY2023Decline in full-year earnings performanceAnnual report

    「Due mainly to lower capacity utilization caused by adverse weather, revenue was ¥2,287 million, down ¥25 million, or 1.1%, and segment profit was ¥857 million, down ¥76 million, or 8.2%.」

    The solar power generation business was affected by lower capacity utilization caused by adverse weather for the second consecutive year, resulting in lower full-year revenue and segment profit.
  8. FY2023-Q3AdvancedAnnual report

    「Due mainly to an increase in electricity sales volume, revenue was ¥1,773 million, up 0.4%, and segment profit was ¥755 million, up 4.1%.」

    The solar power generation business recorded revenue of ¥1,773 million and segment profit of ¥755 million, both above the same quarter of the previous year, due to higher electricity sales volume.
  9. FY2023-Q2AdvancedAnnual report

    「Due mainly to an increase in electricity sales volume, revenue was ¥1,317 million, up 3.8% year on year, and segment profit was ¥637 million, up 12.4%.」

    In the solar power generation business, higher electricity sales volume lifted both revenue and segment profit above the same quarter of the previous year, with progress toward monetization continuing.
  10. FY2023-Q1AdvancedAnnual report

    「Due mainly to an increase in electricity sales volume, revenue was ¥685 million, up 3.5%, and segment profit was ¥346 million, up 11.3%.」

    In the solar power generation business, higher electricity sales volume lifted revenue and segment profit above the same quarter of the previous year, indicating progress toward monetization.
  11. FY2022Continued decline in earnings due to adverse weatherAnnual report

    「Due mainly to lower capacity utilization caused by adverse weather, revenue was ¥2,312 million, down ¥101 million, or 4.2%, and segment profit was ¥933 million, down ¥63 million, or 6.4%.」

    The solar power generation business posted lower revenue and profit for the full year, mainly due to lower capacity utilization caused by adverse weather.
  12. FY2022-Q2Continued declines in sales and profit due to adverse weatherAnnual report

    「Due mainly to lower capacity utilization caused by adverse weather, revenue was ¥1,269 million, down 8.4% year on year, and segment profit was ¥566 million, down 15.2%.」

    In the solar power generation business, lower capacity utilization caused by adverse weather continued from the previous quarter to weigh on revenue and profit.
  13. FY2022-Q1Lower sales and profit due to adverse weatherAnnual report

    「Due in part to lower capacity utilisation resulting from unfavourable weather, revenue was ¥661 million, down 10.4%, and segment profit was ¥311 million, down 18.1%.」

    After revenue and profit increased in the previous fiscal year due to the expanded consolidation scope and higher capacity utilization, revenue and profit declined in the current quarter as adverse weather reduced capacity utilization.
  14. FY2021AdvancedAnnual report

    「In addition to the expanded scope of consolidation, higher capacity utilisation resulted in revenue of ¥2,413 million, up ¥459 million, or 23.5%, and segment profit of ¥997 million, up ¥265 million, or 36.3%.」

    The solar power generation business generated revenue of ¥2,413 million and segment profit of ¥997 million, with both increasing year on year due to the expanded scope of consolidation and higher capacity utilisation.
  15. FY2021-Q3AdvancedAnnual report

    「As a result of including 2 solar power generation subsidiaries within the scope of consolidation, among other factors, revenue was ¥1,874 million (up 23.4% year on year) and segment profit was ¥805 million (up 34.2%).」

    Against a backdrop of consolidating 2 solar power generation subsidiaries, the solar power generation business recorded higher revenue and segment profit than in the same quarter of the previous year, with progress toward monetisation continuing.
  16. FY2021-Q2AdvancedAnnual report

    「Following the inclusion of 2 solar power generation subsidiaries in the scope of consolidation and other factors, revenue was ¥1,386 million, up 20.4% year on year, and segment profit was ¥668 million, up 26.1%.」

    Against a backdrop of consolidating 2 solar power generation subsidiaries, the solar power generation business recorded higher revenue and segment profit than in the same quarter of the previous year, with progress toward monetisation continuing.
  17. FY2021-Q1AdvancedAnnual report

    「As a result of including 2 solar power generation subsidiaries within the scope of consolidation, among other factors, revenue was ¥738 million (up 17.4% year on year) and segment profit was ¥380 million (up 19.1%).」

    Following the consolidation of 2 solar power generation subsidiaries, the solar power generation business generated revenue of ¥738 million and segment profit of ¥380 million, up 17.4% and 19.1%, respectively, year on year.
  18. FY2020Continued decline in earnings performanceAnnual report

    「As unfavourable weather continued, revenue was ¥1,954 million, down ¥64 million, or 3.2%, and segment profit was ¥731 million, down ¥120 million, or 14.2%.」

    The solar power generation business recorded lower revenue and segment profit than in the previous fiscal year due to continued unfavourable weather.
  19. FY2020-Q3Continued decline in earnings performanceAnnual report

    「Due to unfavourable weather and other factors, revenue was ¥1,519 million, down 3.7%, and segment profit was ¥600 million, down 13.1%.」

    Due to the impact of unfavourable weather and other factors, the solar power generation business has continued to record lower revenue and segment profit than in the same quarter of the previous year.
  20. FY2020-Q2Decline in earnings performanceAnnual report

    「Due to unfavourable weather and other factors, revenue was ¥1,151 million, down 1.7% year on year, and segment profit was ¥530 million, down 8.7%.」

    The solar power generation business recorded lower revenue and segment profit than in the same quarter of the previous year due to unfavourable weather and other factors.
  21. FY2020-Q1AdvancedAnnual report

    「As electricity sales volumes remained strong, revenue was ¥628 million, up 4.9%, and segment profit was ¥319 million, up 4.9%.」

    Against a backdrop of strong electricity sales volumes, the solar power generation business generated revenue of ¥628 million and segment profit of ¥319 million, both up 4.9% year on year.
  22. FY2019AdvancedAnnual report

    「As a large-scale power plant commenced operations at the end of the previous consolidated fiscal year, revenue was ¥2,019 million, up 29.9%, and segment profit was ¥852 million, up 47.6%.」

    The large-scale power plant's operations contributed for the full fiscal year, with the solar power generation business generating revenue of ¥2,019 million and segment profit of ¥852 million.
  23. FY2019-Q3AdvancedAnnual report

    「As a large-scale power plant commenced operations at the end of the previous consolidated fiscal year, revenue was ¥1,577 million, up 35.0%, and segment profit was ¥691 million, up 54.8%.」

    The large-scale power plant that commenced operations at the end of the previous consolidated fiscal year contributed to revenue and segment profit in the solar power generation business exceeding the levels recorded in the same quarter of the previous year, indicating further progress toward monetisation.
  24. FY2019-Q2AdvancedAnnual report

    「As a large-scale power plant commenced operations at the end of the previous consolidated fiscal year, revenue was ¥1,171 million, up 28.3% year on year, and segment profit was ¥580 million, up 34.4%.」

    The large-scale power plant that commenced operations at the end of the previous consolidated fiscal year contributed to revenue and segment profit in the solar power generation business exceeding the levels recorded in the same quarter of the previous year, indicating progress toward monetisation.
  25. FY2019-Q1AdvancedAnnual report

    「As a large-scale power plant commenced operations at the end of the previous consolidated fiscal year, revenue was ¥599 million, up 24.7%, and segment profit was ¥304 million, up 28.0%.」

    The large-scale power plant that commenced operations at the end of the previous consolidated fiscal year contributed to revenue and segment profit in the solar power generation business exceeding the levels recorded in the same quarter of the previous year.
  26. FY2018AdvancedAnnual report

    「As electricity sales volumes remained strong, revenue was ¥1,554 million, up 7.5%, and segment profit was ¥577 million, up 13.1%.」

    The solar power generation business generated revenue of ¥1,554 million, up 7.5% year on year, and segment profit of ¥577 million, up 13.1%, marking further progress toward monetisation.
  27. FY2018-Q3AdvancedAnnual report

    「As electricity sales volumes remained strong, revenue was ¥1,168 million, up 5.3%, and segment profit was ¥446 million, up 11.4%.」

    The solar power generation business generated revenue of ¥1,168 million, up 5.3% year on year, and segment profit of ¥446 million, up 11.4%, with progress toward monetisation continuing.
  28. FY2018-Q2AdvancedAnnual report

    「The company and its consolidated subsidiary ㈱ヨンコーソーラー sell electricity generated through the solar power generation business. As electricity sales volumes remained strong, revenue was ¥912 million, up 9.0% year on year, and segment profit was ¥431 million, up 16.2%.」

    The solar power generation business generated revenue of ¥912 million, up 9.0% year on year, and segment profit of ¥431 million, up 16.2%, with progress toward monetisation continuing.
  29. FY2018-Q1AdvancedAnnual report

    「The company and its consolidated subsidiary ㈱ヨンコーソーラー operate a solar power generation business. As electricity sales volumes remained strong, revenue was ¥480 million, up 19.1% year on year, and segment profit was ¥237 million, up 37.5%.」

    The solar power generation business continued to make progress toward monetisation, with revenue up 19.1% year on year and segment profit up 37.5%.
  30. FY2017AdvancedAnnual report

    「As electricity sales volumes remained strong, revenue was ¥1,446 million, up 124.3%, and segment profit was ¥510 million, up 442.8%.」

    The solar power generation business generated revenue of ¥1,446 million, up 124.3% year on year, and segment profit of ¥510 million, indicating further progress toward monetisation.
  31. FY2017-Q3AdvancedAnnual report

    「The company and its consolidated subsidiary ㈱ヨンコーソーラー sell electricity generated through the solar power generation business. As electricity sales volumes remained strong, revenue was ¥1,109 million, up 175.5%, and segment profit was ¥400 million, compared with segment profit of ¥18 million in the same quarter of the previous year.」

    The solar power generation business generated revenue of ¥1,109 million, up 175.5% year on year, and segment profit of ¥400 million, with profit increasing from ¥18 million in the same quarter of the previous year. The disclosure shows measurable progress toward monetisation.
  32. FY2017-Q2AdvancedAnnual report

    「As electricity sales volumes remained strong, revenue was ¥837 million, up 266.6% year on year, and segment profit was ¥371 million, compared with segment profit of ¥0 million in the same quarter of the previous year.」

    The solar power generation business generated revenue of ¥837 million, up 266.6% year on year, and segment profit of ¥371 million. In addition, the Sunshine Park Kamo facility, with a generating capacity of 1,371 kW, was completed in August 2016, demonstrating concrete progress in expanding capacity.
  33. FY2017-Q1AdvancedAnnual report

    「As electricity sales volumes remained firm, revenue was ¥403 million, up 368.7% year on year, and segment profit was ¥173 million, compared with a segment loss of ¥31 million in the same quarter of the previous year.」

    In the first quarter, the solar power generation business generated revenue of ¥403 million, up 368.7% year on year, and swung from a segment loss to segment profit of ¥173 million. The disclosure shows measurable progress toward monetisation.
  34. FY2016First statedAnnual report

    「The company and its consolidated subsidiary ㈱ヨンコーソーラー operate a solar power generation business. As electricity sales volumes remained firm, revenue was ¥644 million, up 276.2% from the previous consolidated fiscal year, and segment profit was ¥94 million, compared with a segment loss of ¥142 million in the previous consolidated fiscal year.」

    The solar power generation business generated revenue of ¥644 million, up 276.2% year on year, and segment profit of ¥94 million. The company is also planning the 12,005 kW Sagawa project and the 1,371 kW Kamo project.
Moved together

"Profit improvement and return to profitability in the first quarter" moved the same way as this thread, in the same document, in 14 of its 34 moves.

14106655★123456
  1. ★This thread
  2. 1Profit improvement and return to profitability in the first quarter14×
  3. 2Balancing Retained Earnings with Stable Shareholder Returns10×
  4. 3Expansion and Renewal of Offices and Construction Equipment6×
  5. 4Exploring New Business Areas6×
  6. 5Improving Profit Margins Through Streamlining, Rationalization and Efficiency5×
  7. 6Price Fluctuations in Investment Securities5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Yondenko's next results are scheduled for 2026-10-30. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Expansion and Monetization of the Solar Power Generation Business | YONDENKO CORPORATION (1939) | Komori