Impact of Adverse Weather on the Solar Power Generation Business
First written in FY2020-Q2. 8 of 12 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2026.
Yondenko moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2018: 3 of 8 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Capacity utilisation improved due to the start-up of newly constructed power plants and facility upgrades to mitigate the impact of output curtailment, among other factors.」
Capacity utilisation improved through the start-up of newly constructed power plants and facility upgrades, offsetting the decline caused by output curtailment through the previous fiscal year, and revenue and profit in the solar power generation business increased. - FY2025-H1MitigatedAnnual report
「Due mainly to improved capacity utilization, revenue was ¥1,261 million, up 3.9%, and segment profit was ¥599 million, up 19.9%.」
Capacity utilisation in the solar power generation business improved, increasing revenue and segment profit. The impact of lower capacity utilisation due to output curtailment and other factors through the previous fiscal year is described as having improved during the current interim consolidated accounting period. - FY2024-Q3MaterialisedAnnual 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%.」
Lower capacity utilisation due to output curtailment actually occurred during the cumulative period through the third quarter as lower revenue and profit in the solar power generation business. - FY2024-Q2MaterialisedAnnual 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%.」
Lower capacity utilisation due to output curtailment has been reflected in actual performance as lower revenue and profit in the solar power generation business. - FY2024-Q1MaterialisedAnnual 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%.」
Lower capacity utilisation due to output curtailment and reduced sunshine hours actually resulted in lower revenue and profit in the solar power generation business. - FY2022MaterialisedAnnual 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%.」
Lower capacity utilisation due to adverse weather actually resulted in lower full-year revenue and profit in the solar power generation business. - FY2022-Q2MaterialisedAnnual 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%.」
Lower capacity utilisation due to adverse weather was reflected in actual performance as lower revenue and profit in the solar power generation business. - FY2022-Q1MaterialisedAnnual 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%.」
Lower capacity utilisation due to adverse weather was reflected in actual performance as lower revenue and profit in the solar power generation business. - FY2021DroppedAnnual 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 FY2021 annual performance explanation did not identify adverse weather as a cause of lower revenue in the solar power generation business. It described higher revenue and profit resulting from the expanded scope of consolidation and improved capacity utilisation. - FY2020MaterialisedAnnual 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%.」
A decline in revenue from the solar power generation business due to adverse weather occurred in the full fiscal year, following the second and third quarters. - FY2020-Q3MaterialisedAnnual 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%.」
Adverse weather and other factors continue to be described as actual impacts on performance and causes of declines in revenue and segment profit in the solar power generation business. - FY2020-Q2First statedAnnual 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%.」
Adverse weather and other factors were identified for the first time as causes of declines in revenue and segment profit in the solar power generation business, with revenue volatility in the power generation business described as an event that actually occurred.