Maximizing Profitability in the Environmental Business and Building New Business Models
First written in FY2016. 10 of 35 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2024: 3 of 11 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Although sewage sludge treatment remained sluggish, port transshipment operations for soil generated by linear railway construction and coal ash treatment progressed steadily. As a result, revenue was ¥39.909 billion, up ¥1.536 billion year on year, and operating income was ¥4.516 billion, up ¥692 million.」
Although sewage sludge treatment remained sluggish, port transshipment operations for soil generated by linear railway construction and coal ash treatment progressed steadily, resulting in higher revenue and operating income in the environmental business. - FY2025Lower revenue but higher profitAnnual report
「Although fuel sales and waste plastics treatment remained weak, coal ash treatment, desulfurization limestone sales and biomass fuel sales progressed steadily. Treatment of disaster waste from the Noto Peninsula earthquake also progressed smoothly.」
Although fuel sales and waste plastics treatment were weak, coal ash treatment, desulfurization limestone, biomass fuel and treatment of disaster waste from the Noto Peninsula were steady, resulting in lower revenue but higher operating income in the environmental business. - FY2025-H1Mixed sales trends and a slight decline in operating incomeAnnual report
「Although sales of desulfurization limestone and coal ash treatment progressed steadily, gypsum and fuel sales remained weak. Market conditions for biomass fuel improved, and treatment of disaster waste from the Noto Peninsula progressed steadily. As a result, revenue was ¥32.511 billion, up ¥5 million year on year, and operating income was ¥2.987 billion, down ¥50 million.」
Although sales of desulfurization limestone, coal ash treatment and treatment of disaster waste from the Noto Peninsula were steady, gypsum and fuel sales were weak, and operating income declined despite improved market conditions for biomass fuel. - FY2024RaisedAnnual report
「We will sustain growth by expanding the competitive advantages of our existing businesses, advancing carbon neutrality and the circular economy simultaneously, and creating new value.」
The policy was expanded from maximizing environmental business profitability and developing new business models to a growth strategy that advances carbon neutrality and the circular economy simultaneously. - FY2024-Q3RestatedAnnual report
「Although sales of desulfurization limestone and gypsum progressed steadily, coal ash treatment, fuel sales and waste treatment remained weak. As a result, revenue was ¥51.571 billion, down ¥7.603 billion year on year, and operating income was ¥4.790 billion, up ¥331 million.」
The pattern of lower revenue but higher operating income continued, as steady sales of desulfurization limestone and gypsum were offset by weak coal ash treatment, fuel sales and waste treatment. - FY2024-Q2Higher operating income despite lower revenueAnnual report
「Although gypsum sales progressed steadily, coal ash treatment, fuel sales and waste treatment remained weak. Biomass fuel sales were also affected by foreign exchange fluctuations. As a result, revenue was ¥32.505 billion, down ¥6.998 billion year on year, and operating income was ¥3.036 billion, up ¥188 million.」
Although gypsum sales were steady, coal ash treatment, fuel sales and waste treatment were weak, while biomass fuel sales were affected by foreign exchange fluctuations. Operating income increased year on year despite lower revenue. - FY2024-Q1Continued lower revenue and operating income in the environmental businessAnnual report
「Although waste treatment, including sludge, progressed steadily, fuel sales and coal ash treatment remained sluggish. Biomass fuel was also affected by international foreign exchange fluctuations. As a result, revenue was ¥15.225 billion, down ¥2.392 billion year on year, and operating income was ¥1.206 billion, down ¥146 million.」
Although waste treatment, including sludge, remained steady, sluggish fuel sales and coal ash treatment, together with foreign exchange effects, resulted in lower revenue and operating income in the environmental business. - FY2023RestatedAnnual report
「We will accurately assess changes in the external environment and seek to develop new businesses in line with the trends of the times, using climate change response, digital, materials and energy as keywords. At the same time, we will establish a new resource-circulation model and work to contribute to the realization of a carbon-neutral society.」
The policy of building new businesses and a resource-circulation model centered on climate change, digital, materials and energy continued. - FY2023-Q3RestatedAnnual report
「Although sales of desulfurization limestone and fuel progressed steadily, coal ash treatment remained weak. Biomass fuel was also affected by international foreign exchange fluctuations. As a result, revenue was ¥59.174 billion, up ¥5.619 billion year on year, and operating income was ¥4.458 billion, down ¥461 million.」
The pattern of higher revenue but lower operating income continued, as steady sales of desulfurization limestone and fuel were offset by weak coal ash treatment and foreign exchange effects on biomass fuel. - FY2023-Q2Lower operating income due to weak coal ash treatment and foreign exchange effectsAnnual report
「Although sales of desulfurization limestone and fuel progressed steadily, coal ash treatment remained weak. Biomass fuel was also affected by international foreign exchange fluctuations. As a result, revenue was ¥39.504 billion, up ¥5.667 billion year on year, and operating income was ¥2.848 billion, down ¥218 million.」
Although sales of desulfurization limestone and fuel were steady, weak coal ash treatment and foreign exchange effects on biomass fuel resulted in higher revenue but lower operating income. - FY2023-Q1Continued steady environmental business sales and higher operating incomeAnnual report
「Steady performance centered on waste treatment, including sludge, and fuel sales resulted in revenue of ¥17.618 billion, up ¥2.440 billion year on year, and operating income of ¥1.352 billion, up ¥19 million.」
Steady waste treatment, including sludge, and fuel sales resulted in higher revenue and operating income in the environmental business. - FY2022Continued steady environmental business sales and higher operating incomeAnnual report
「Although the spread of COVID-19 had an impact, coal ash treatment and sales of fuel, gypsum and desulfurization limestone progressed steadily.」
Although the pandemic had an impact, coal ash treatment and sales of fuel, gypsum and desulfurization limestone progressed steadily. Operating income was ¥6.647 billion, up ¥200 million year on year. - FY2022-Q3Continued steady environmental business sales and higher operating incomeAnnual report
「Although the spread of COVID-19 had an impact, coal ash treatment and fuel sales progressed steadily. The application of the revenue recognition accounting standards and other standards reduced revenue by ¥10.829 billion. As a result, revenue was ¥53.555 billion, down ¥4.235 billion year on year, and operating income was ¥4.920 billion, up ¥162 million.」
Although the pandemic and the application of the revenue recognition accounting standards reduced revenue, coal ash treatment and fuel sales remained steady, and operating income increased year on year. - FY2022-Q2Steady environmental business sales and higher operating incomeAnnual report
「Although the spread of COVID-19 had an impact, coal ash treatment and sales of fuel and gypsum progressed steadily. The application of the revenue recognition accounting standards and other standards reduced revenue by ¥6.536 billion. As a result, revenue was ¥33.837 billion, down ¥3.885 billion year on year, and operating income was ¥3.066 billion, up ¥240 million.」
Although the pandemic had an impact, coal ash treatment and sales of fuel and gypsum remained steady. While the application of the accounting standards reduced revenue, operating income increased year on year. - FY2022-Q1AdvancedAnnual report
「Treatment of disaster waste from damage caused by Typhoon Hagibis two years earlier and the Kyushu torrential rains the previous year was completed, while fuel sales declined. Although the impact of COVID-19 continued, coal ash treatment, gypsum and other businesses progressed steadily. The application of the revenue recognition accounting standards and other standards reduced revenue by ¥2.004 billion. As a result, revenue was ¥15.178 billion, down ¥2.638 billion year on year, and operating income was ¥1.333 billion, up ¥150 million.」
Treatment of disaster waste related to Typhoon Hagibis and the Kyushu torrential rains was completed and fuel sales declined, while coal ash treatment, gypsum and other businesses remained steady. Operating income increased year on year despite lower revenue. - FY2021RaisedAnnual report
「We will accurately assess changes in the external environment and seek to develop new businesses in line with the trends of the times, using climate change response, digital, materials and energy as keywords. We will establish a new resource-circulation model and work to contribute to the realization of a carbon-neutral society.」
The company clearly identified the establishment of new businesses and a resource-circulation model centered on climate change, digital, materials and energy, building on its conventional waste treatment and recycling businesses. - FY2021-Q3Continued disaster waste treatment, with lower revenue and operating incomeAnnual report
「Although biomass fuel sales increased following the start of the 大船渡発電 business and the company worked on treating disaster waste from damage caused by Typhoon Hagibis two years earlier and the Kyushu torrential rains the previous year, lower electricity demand due to COVID-19 and reduced coal-fired power plant operating rates led to lower coal ash treatment and sales of fuel and desulfurization limestone. As a result, revenue was ¥57.791 billion, down ¥5.622 billion year on year, and operating income was ¥4.757 billion, down ¥955 million.」
Although biomass fuel sales associated with 大船渡発電 and treatment of disaster waste from Typhoon Hagibis and the Kyushu torrential rains contributed, lower electricity demand and reduced coal-fired power plant operating rates resulted in lower revenue and operating income. - FY2021-Q2RestatedAnnual report
「Although biomass fuel sales increased following the start of the 大船渡発電 business and the company worked on treating disaster waste from damage caused by Typhoon Hagibis the previous year, lower electricity demand due to COVID-19 and reduced coal-fired power plant operating rates led to lower coal ash treatment and sales of fuel and desulfurization limestone. As a result, revenue was ¥37.723 billion, down ¥3.814 billion year on year, and operating income was ¥2.826 billion, down ¥720 million.」
Although biomass fuel sales associated with 大船渡発電 and disaster waste treatment contributed, lower electricity demand and reduced coal-fired power plant operating rates resulted in lower revenue and operating income in the environmental business. - FY2021-Q1Lower revenue and operating income in the environmental business due to COVID-19 and other factorsAnnual report
「Although biomass fuel sales increased following the start of the 大船渡発電 business and the company worked on treating disaster waste from damage caused by Typhoon Hagibis the previous year, declining electricity demand due to COVID-19 and lower coal-fired power plant operating rates reduced sales of fuel, coal ash treatment and desulfurization limestone. As a result, revenue was ¥17.816 billion, down ¥2.614 billion year on year, and operating income was ¥1.182 billion, down ¥223 million.」
Although 大船渡発電 was in operation and disaster waste was treated, lower electricity demand due to COVID-19 and reduced coal-fired power plant operating rates resulted in lower revenue and operating income in the environmental business. - FY2020AdvancedAnnual report
「Although sales of fuel, desulfurization limestone and gypsum declined, revenue was ¥84.422 billion, down ¥8.271 billion year on year, and operating income was ¥7.707 billion, up ¥1.093 billion, due to expanded waste plastics treatment, increased biomass fuel sales following the start of the 大船渡発電 business, and efforts to treat disaster waste resulting from the damage caused by Typhoon Hagibis.」
Expanded waste plastics treatment, biomass fuel sales following the start of the 大船渡発電 business, and treatment of disaster waste from Typhoon Hagibis were specifically identified, resulting in higher operating income despite lower revenue. - FY2020-Q3AdvancedAnnual report
「Although sales of fuel, desulfurization limestone and gypsum declined, expanded waste plastics treatment, continued disaster waste treatment and increased biomass fuel sales following the start of operations at 大船渡発電 resulted in revenue of ¥63.413 billion, down ¥7.331 billion year on year, and operating income of ¥5.712 billion, up ¥710 million.」
In addition to expanded waste plastics treatment and continued disaster waste treatment, biomass fuel sales increased following the start of operations at 大船渡発電. Operating income increased year on year despite lower revenue. - FY2020-Q2Lower revenue but higher operating income due to increased waste plastics and disaster waste treatmentAnnual report
「Although sales of fuel, desulfurization limestone and gypsum declined, increased waste plastics and disaster waste treatment resulted in revenue of ¥41.537 billion, down ¥4.556 billion year on year, and operating income of ¥3.546 billion, up ¥137 million.」
Revenue declined due to lower sales of fuel, desulfurization limestone and gypsum, while operating income increased year on year as waste plastics and disaster waste treatment increased. - FY2020-Q1Lower revenue and operating income due to declining sales of related productsAnnual report
「Although waste treatment, including waste plastics, progressed steadily, lower sales of fuel, desulfurization limestone and gypsum resulted in revenue of ¥20.431 billion, down ¥1.942 billion year on year, and operating income of ¥1.406 billion, down ¥272 million.」
In the environmental business, waste treatment, including waste plastics, progressed steadily, but lower sales of fuel, desulfurization limestone and gypsum resulted in lower revenue and operating income. - FY2019Lower profit due to reduced coal ash and higher expensesAnnual report
「Although fuel sales and waste treatment, including waste plastics and sludge, progressed steadily, the operating rate of coal-fired power plants declined due to the expansion of renewable energy and other factors, reducing the volume of coal ash. In addition, logistics expenses and new business development costs increased. As a result, revenue was ¥92.693 billion, up ¥248.6 million year on year, and operating income was ¥6.614 billion, down ¥848 million.」
Revenue increased but operating income declined, as steady waste treatment was offset by lower coal ash volumes and higher logistics and new business development costs. - FY2019-Q3RestatedAnnual report
「Fuel sales and waste treatment, including waste plastics and sludge, progressed smoothly, but treatment of disaster waste generated by the Kumamoto Earthquake was largely complete. As a result, net sales were ¥70.745 billion, up ¥3.654 billion year on year, and operating income was ¥5.002 billion, down ¥577 million.」
Fuel sales and waste treatment progressed smoothly, but the business posted higher net sales and lower operating income due to the largely completed treatment of disaster waste from the Kumamoto Earthquake. - FY2019-Q2Lower profit following completion of disaster waste treatmentAnnual report
「Fuel sales and waste treatment, including waste plastics and sludge, progressed smoothly, but treatment of disaster waste generated by the Kumamoto Earthquake was largely complete. As a result, net sales were ¥46.094 billion, up ¥3.594 billion year on year, and operating income was ¥3.409 billion, down ¥253 million.」
Fuel sales and waste treatment progressed smoothly, but the environmental business posted higher net sales and lower operating income as treatment of disaster waste from the Kumamoto Earthquake was largely complete. - FY2019-Q1AdvancedAnnual report
「Treatment of disaster waste generated by the Kumamoto Earthquake was largely complete, but fuel sales and waste treatment, including waste plastics and sludge, progressed smoothly. As a result, net sales were ¥22.374 billion, up ¥2.766 billion year on year, and operating income was ¥1.679 billion, up ¥209 million.」
While treatment of disaster waste from the Kumamoto Earthquake was largely complete, fuel sales and waste treatment, including waste plastics and sludge, progressed smoothly, resulting in higher net sales and profit in the environmental business. - FY2018RaisedAnnual report
「In addition to our traditional role as a downstream industry, we will contribute further to society by taking on a new role in the circular use of resources, extracting and supplying useful resources from waste and by-products.」
In addition to existing waste treatment and recycling, the company newly identified a role in extracting and supplying useful resources from waste and by-products. - FY2018-Q3RestatedAnnual report
「Waste treatment, including waste plastics, and power-related businesses remained solid, and the company advanced the treatment of disaster waste generated by the Kumamoto Earthquake. As a result, net sales were ¥67.091 billion, up ¥10.410 billion year on year, and operating income was ¥5.579 billion, up ¥84 million.」
The company indicated continued waste treatment, power-related businesses and treatment of disaster waste from the Kumamoto Earthquake, along with higher net sales and profit in the environmental business. - FY2018-Q2RestatedAnnual report
「Waste treatment, including waste plastics, and power-related businesses remained solid, and the company advanced the treatment of disaster waste generated by the Kumamoto Earthquake. As a result, net sales were ¥42.499 billion, up ¥7.231 billion year on year, and operating income was ¥3.662 billion, up ¥197 million.」
The company indicated continued waste treatment, power-related businesses and treatment of disaster waste from the Kumamoto Earthquake, along with higher net sales and profit. - FY2018-Q1RestatedAnnual report
「Waste treatment and gypsum sales, among other businesses, remained solid, and the company advanced the treatment of disaster waste generated by the Kumamoto Earthquake. As a result, net sales were ¥19.607 billion, up ¥3.962 billion year on year, and operating income was ¥1.469 billion, up ¥64 million.」
The company indicated solid waste treatment and gypsum sales, as well as continued treatment of disaster waste from the Kumamoto Earthquake. - FY2017AdvancedAnnual report
「Waste treatment and gypsum sales, among other businesses, remained solid, and the company advanced the treatment of disaster waste generated by the Kumamoto Earthquake. As a result, net sales were ¥77.901 billion, up ¥4.440 billion year on year, and operating income was ¥7.666 billion, up ¥11 million.」
In addition to solid waste treatment and gypsum sales, the company specifically indicated progress in treating disaster waste from the Kumamoto Earthquake, and environmental business net sales increased year on year. - FY2017-Q3RestatedAnnual report
「Waste treatment and gypsum sales, among other businesses, remained solid. Net sales were ¥56.680 billion, up ¥2.209 billion year on year, and operating income was ¥5.494 billion, up ¥186 million.」
Waste treatment and gypsum sales in the environmental business were described as solid, but no new progress on building new business models was indicated. - FY2017-Q2RestatedAnnual report
「Waste treatment remained solid, but net sales and operating income were ¥35.267 billion and ¥3.464 billion, respectively, due mainly to weak sales of related products.」
While continued expansion of waste treatment was confirmed, sales of related products remained weak, and no new progress on building new business models was disclosed. - FY2016First statedAnnual report
「We will maximize the earnings power of existing businesses and build new business models by identifying changes in global environmental issues and energy policy as opportunities.」
The company indicated a dual focus on monetizing its existing environmental businesses and developing new businesses that capitalize on changes in environmental and energy policy.