Downside to earnings due to major maintenance of power generation facilities
First written in FY2024-Q1. 8 of 13 entries say "Materialised", first in FY2024-Q2. Latest entry: FY2027-H1.
Ichigo moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「The segment benefited from favorable weather and stable earnings through portfolio diversification, but higher maintenance costs and other factors resulted in segment revenue of ¥3,452 million, up 1.7% year on year, and segment profit (business profit) of ¥1,211 million, down 1.1%.」
Interim profit in the clean energy business declined 1.1% year on year due to higher maintenance costs for power generation facilities and other factors. - FY2026MaterialisedAnnual report
「Favorable weather and portfolio diversification helped stabilize earnings, but higher maintenance costs and other factors resulted in segment revenue of ¥6,192 million, up 0.9% year on year, and segment profit (business profit) of ¥1,648 million, down 4.5%.」
In the clean energy business, weather and portfolio diversification contributed to stability, while higher maintenance costs and other factors resulted in a 4.5% year-on-year decline in business profit. - FY2026-H1Stable earnings from favorable weather and portfolio diversification, despite higher maintenance costsAnnual report
「The segment benefited from favorable weather and stable earnings through portfolio diversification, but higher maintenance costs and other factors resulted in segment revenue of ¥3,452 million, up 1.7% year on year, and segment profit (business profit) of ¥1,211 million, down 1.1%.」
In the clean energy business, favorable weather and portfolio diversification helped stabilize earnings, while higher maintenance costs and other factors resulted in a 1.1% year-on-year decline in segment profit. - FY2025MaterialisedAnnual report
「In addition to power utilities implementing output curtailment more frequently than expected, increased regular maintenance costs resulted in segment revenue of ¥6,137 million, up 3.4% year on year, and segment profit of ¥1,725 million, down 11.4%.」
Clean energy business profit fell below expectations in the full-year results due to higher maintenance costs for power generation facilities and output curtailment. - FY2024MaterialisedAnnual report
「Despite temporary operating suspensions due to facility maintenance and other factors, segment revenue was ¥5,935 million, up 4.1% from the previous fiscal year, and segment profit was ¥1,946 million, down 3.5%.」
Temporary operating suspensions associated with major maintenance occurred, and clean energy business profit declined 3.5% year on year. - FY2024-Q3Impact of major maintenance continuesAnnual report
「Although revenue from electricity sales at this power plant is scheduled to be recognized in the fourth quarter, earnings are expected to fall below the previous year on a full-year basis due to the impact of major maintenance on the facilities. From the following fiscal year onward, earnings from the いちごえびの末永ECO発電所 are expected to contribute to growth as a more stable business that is less affected by market conditions.」
While the outlook for lower earnings due to major maintenance continues, the company has added a statement that recovery and growth are expected from the following fiscal year onward through earnings contributions from the new power plant. - FY2024-Q2MaterialisedAnnual report
「Segment revenue declined 1.8% year on year to ¥3,147 million and segment profit declined 13.8% to ¥1,189 million, mainly due to temporary operating shutdowns for equipment maintenance.」
Temporary operating suspensions associated with scheduled major maintenance of the facilities occurred, resulting in year-on-year declines in clean energy business revenue and segment profit. - FY2024-Q1First statedAnnual report
「Major maintenance of the facilities is scheduled for the current fiscal year, and full-year earnings are expected to fall below the previous year, although」
It newly states that earnings from the clean energy business are expected to fall below the previous year due to scheduled major maintenance.