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Nippon Concrete Industries (5269) · InitiativeHigher revenue but lower profit in the company-owned land utilization business

Effective Use of Company-Owned Land Through Solar Power Generation and Other Initiatives

First written in FY2016. 22 of 35 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.

35entries
11years
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ProgressHeldSoftenedWorseAdvancedFY2017-Q1 – FY20192016: 320162017: 420172018: 420182019: 420192020: 320202021: 420212022: 320222023: 320232024: 420242025: 220252026: 12026
Same theme, other companies
Solar Power Generation Using Idle Assets and Subsequent Business ContractionA theme 2 companies write about · 0 as a headwind · 1 as a tailwind

0 other companies' latest entry also says "Other".

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Full recordFilings, disclosures and news, newest first
  1. FY2026Higher revenue but lower profit in the company-owned land utilization businessAnnual report

    「Stable rental income was recorded, and power was generated and sold. Revenue was ¥313 million, up 2.0% from the previous fiscal year, while segment profit was ¥185 million, down 2.4%.」

    Real estate leasing and solar power generation using company-owned land continued, with revenue increasing while profit declined.
  2. FY2026-H1Higher revenue but lower profit in the company-owned land utilization businessAnnual report

    「Stable rental income was recorded and electricity continued to be generated and sold, resulting in revenue of ¥151 million, up 4.6% year on year, and segment profit of ¥79 million, down 10.9%.」

    For real estate leasing and solar power generation using company-owned land, revenue increased 4.6% year on year, while segment profit declined 10.9%.
  3. FY2025AdvancedAnnual report

    「Stable rental income was recorded and electricity continued to be generated and sold, resulting in revenue of ¥307 million, up 1.7% year on year, and segment profit of ¥190 million, up 3.1%.」

    The real estate leasing and solar power generation business using company-owned land continued to operate, resulting in higher revenue and profit for the full fiscal year.
  4. FY2025-H1Decline in revenue and profit from the company-owned land utilization businessAnnual report

    「Stable rental income was recorded and electricity continued to be generated and sold, resulting in revenue of ¥144 million, down 3.6% from the previous interim consolidated accounting period, and segment profit of ¥89 million, down 6.7%.」

    Although real estate leasing and solar power generation using company-owned land continued, revenue declined 3.6% and segment profit declined 6.7% year on year.
  5. FY2024AdvancedAnnual report

    「Stable rental income was recorded and electricity continued to be generated and sold, resulting in revenue of ¥302 million, up 3.2% year on year, and segment profit of ¥184 million, up 0.2%.」

    The real estate leasing and solar power generation business using company-owned land operated for the full fiscal year, and both revenue and segment profit exceeded the previous fiscal year.
  6. FY2024-Q3AdvancedAnnual report

    「Stable rental income was recorded and electricity continued to be generated and sold, resulting in revenue of ¥227 million, up 5.6% year on year, and segment profit of ¥139 million, up 3.8%.」

    Real estate leasing and solar power generation and sales using company-owned land continued, resulting in a 5.6% increase in revenue and a 3.8% increase in segment profit year on year.
  7. FY2024-Q2Marginal increases in revenue and profit in the company-owned land utilization businessAnnual report

    「Stable rental income was recorded and electricity continued to be generated and sold, resulting in revenue of ¥150 million, up 0.3% year on year, and segment profit of ¥95 million, up 1.4%.」

    For real estate leasing and solar power generation using company-owned land, rental income and power generation and sales continued, resulting in a 0.3% increase in revenue and a 1.4% increase in segment profit year on year.
  8. FY2024-Q1Continued declines in revenue and profit in the company-owned land utilization businessAnnual report

    「Stable rental income was recorded and electricity continued to be generated and sold, resulting in revenue of ¥65 million, down 17.8% year on year, and segment profit of ¥38 million, down 25.4%.」

    Leasing and solar power generation using company-owned land continued, but revenue fell 17.8% year on year and segment profit fell 25.4%.
  9. FY2023Lower revenue but marginally higher profit in the company-owned land utilization businessAnnual report

    「In the real estate business, stable rental income from nursing care facilities and other properties was recorded. In the solar power generation business, NC Kanto Power Plant in Koga, Ibaraki Prefecture, and NC Tagawa Power Plant in Chikusei, Ibaraki Prefecture, continued to generate and sell electricity steadily, resulting in revenue of ¥292 million, down 6.0% year on year, and segment profit of ¥184 million, up 0.8%.」

    Real estate leasing and solar power generation using company-owned land continued to operate steadily, but revenue declined while profit increased slightly.
  10. FY2023-Q3Lower revenue but slightly higher profit in the real estate and solar power generation businessesAnnual report

    「Stable rental income was recorded and electricity continued to be generated and sold, resulting in revenue of ¥215 million, down 5.6% year on year, and segment profit of ¥134 million, up 1.2%.」

    Rental income from the use of company-owned land and power generation and sales continued, but revenue declined 5.6% year on year while profit increased 1.2%.
  11. FY2023-Q2Lower revenue and profit in the real estate and solar power generation businessesAnnual report

    「Stable rental income was recorded and electricity continued to be generated and sold, resulting in revenue of ¥149 million, down 3.2% year on year, and segment profit of ¥94 million, down 1.4%.」

    Rental income from the use of company-owned land and power generation and sales continued, but cumulative second-quarter revenue and segment profit were below the same period of the previous fiscal year.
  12. FY2022AdvancedAnnual report

    「In the solar power generation business, NC Kanto Power Plant in Koga, Ibaraki Prefecture, and NC Tagawa Power Plant in Chikusei, Ibaraki Prefecture, generated and sold power steadily. Revenue was ¥311 million, up 2.9% from the previous fiscal year, while segment profit was ¥182 million, up 4.1%.」

    Stable generation and sales at the 2 power plants continued and contributed to full-year revenue and profit growth in the real estate and solar power generation businesses, including the use of company-owned land.
  13. FY2022-Q3AdvancedAnnual report

    「Revenue from the business was ¥228 million, up 0.6% from the same quarter of the previous fiscal year, while segment profit was ¥132 million, up 0.3%.」

    The real estate and solar power generation businesses recorded cumulative third-quarter revenue of ¥228 million and segment profit of ¥132 million, resulting in higher revenue and profit year on year.
  14. FY2022-Q2AdvancedAnnual report

    「In the real estate and solar power generation businesses, revenue was ¥154 million, up 0.5% year on year, and segment profit was ¥95 million, up 6.2%.」

    The real estate and solar power generation businesses using company-owned land recorded year-on-year increases in both revenue and segment profit.
  15. FY2022-Q1Revenue down, earnings upAnnual report

    「In the real estate and solar power generation businesses, revenue was ¥79 million, down 1.3% from the same quarter of the previous fiscal year, while segment profit was ¥50 million, up 4.6%.」

    The real estate and solar power generation businesses reported lower revenue year on year, while segment profit increased.
  16. FY2021AdvancedAnnual report

    「NC Kanto Power Plant in Koga, Ibaraki Prefecture, and NC Tagawa Power Plant in Chikusei, Ibaraki Prefecture, generated and sold power steadily. Revenue was ¥302 million, up 1.4% from the previous fiscal year, while segment profit was ¥175 million, up 11.2%.」

    Stable generation and sales at the 2 power plants continued throughout the fiscal year, resulting in higher revenue and profit together with real estate leasing.
  17. FY2021-Q3AdvancedAnnual report

    「Revenue in this business was ¥226 million, up 0.5% year on year, and segment profit was ¥132 million, up 8.8%.」

    Both revenue and segment profit in the real estate and solar power generation businesses using company-owned land exceeded the same period of the previous fiscal year, and the businesses continued to operate as an earnings base.
  18. FY2021-Q2AdvancedAnnual report

    「In the real estate and solar power generation businesses, revenue was ¥153 million, up 1.7% year on year, and segment profit was ¥89 million, up 8.9%.」

    The real estate and solar power generation businesses using company-owned land recorded higher revenue and profit for the cumulative second quarter, with revenue of ¥153 million and segment profit of ¥89 million.
  19. FY2021-Q1AdvancedAnnual report

    「In the real estate and solar power generation businesses, revenue was ¥80 million, up 1.2% year on year, and segment profit was ¥48 million, up 8.9%.」

    Both revenue and segment profit in the real estate and solar power generation businesses using company-owned land exceeded the same period of the previous fiscal year.
  20. FY2020-Q3Lower Sales, Higher ProfitAnnual report

    「In the real estate and solar power generation businesses, revenue was ¥225 million, down 2.3% year on year, while segment profit was ¥121 million, up 3.1%.」

    The real estate and solar power generation businesses using company-owned land continued to recognize revenue, but revenue declined while segment profit increased.
  21. FY2020-Q2Lower revenue and profit in the businessAnnual report

    「In the real estate and solar power generation businesses, revenue was ¥151 million, down 6.5% year on year, and segment profit was ¥82 million, down 2.2%.」

    The real estate and solar power generation businesses using company-owned land continued, but cumulative second-quarter revenue and segment profit declined year on year.
  22. FY2020-Q1Slight decline in business revenueAnnual report

    「In the real estate and solar power generation businesses, revenue was ¥79 million, down 1.2% year on year, and segment profit was ¥44 million, down 2.8%.」

    The real estate and solar power generation businesses using company-owned land continued, but first-quarter revenue and segment profit declined slightly year on year.
  23. FY2019AdvancedAnnual report

    「NC Kanto Power Plant in Koga, Ibaraki Prefecture, and NC Tagawa Power Plant in Chikusei, Ibaraki Prefecture, continued to generate and sell power steadily.」

    Supported by stable generation and sales at the 2 power plants and real estate leasing, the business recorded full-year revenue of ¥303 million and segment profit of ¥153 million.
  24. FY2019-Q3AdvancedAnnual report

    「In the real estate and solar power generation businesses, revenue was ¥231 million, up 12.1% year on year, and segment profit was ¥118 million, up 9.8%.」

    The real estate and solar power generation businesses using company-owned land recorded revenue of ¥231 million and segment profit of ¥118 million, with earnings continuing to increase.
  25. FY2019-Q2AdvancedAnnual report

    「In the real estate and solar power generation businesses, revenue was ¥161 million, up 14.5% year on year, and segment profit was ¥84 million, up 11.4%.」

    Revenue and segment profit in the first half of the real estate and solar power generation businesses using company-owned land exceeded the same period of the previous fiscal year.
  26. FY2019-Q1AdvancedAnnual report

    「In the real estate and solar power generation businesses, revenue was ¥80 million, up 9.8% year on year, and segment profit was ¥45 million, up 13.1%.」

    The real estate and solar power generation businesses using company-owned land recorded revenue of ¥80 million and segment profit of ¥45 million in the first quarter.
  27. FY2018AdvancedAnnual report

    「NC Kanto Power Plant in Koga, Ibaraki Prefecture, and NC Tagawa Power Plant in Chikusei, Ibaraki Prefecture, continued to generate and sell power steadily, although there were periods of unsettled weather.」

    Stable generation and sales at the 2 power plants continued throughout the fiscal year, resulting in revenue of ¥273 million and segment profit of ¥142 million in the real estate and solar power generation businesses.
  28. FY2018-Q3AdvancedAnnual report

    「In the real estate and solar power generation businesses, there was no new real estate income or power sales income, but solar power generation facilities continued to generate electricity steadily, resulting in revenue of ¥206 million, up 5.3% year on year, and segment profit of ¥107 million, up 11.4%.」

    The company reported stable power generation by its solar power facilities and revenue results for the cumulative third quarter in its real estate and solar power generation businesses using company-owned land.
  29. FY2018-Q2AdvancedAnnual report

    「In the real estate and solar power generation businesses, there was no new real estate income or installation of power generation facilities. Although there was a period of unfavorable weather, its impact was minor, resulting in revenue of ¥141 million, up 6.3% year on year, and segment profit of ¥75 million, up 5.9%.」

    The company reported first-half results for revenue and segment profit from its real estate and solar power generation businesses using company-owned land.
  30. FY2018-Q1AdvancedAnnual report

    「In the real estate and solar power generation businesses, there was no new real estate income or power sales income, but generation time was longer than in the same quarter of the previous year, resulting in revenue of ¥72 million, up 10.3% year on year, and segment profit of ¥40 million, up 21.3%.」

    The solar power generation business using company-owned land recorded quarterly revenue and segment profit, supported by longer generation hours.
  31. FY2017AdvancedAnnual report

    「NC Tagawa Power Plant in Chikusei, Ibaraki Prefecture, began generating electricity during the current fiscal year and has been selling power steadily. In the real estate business, stable rental income from care facilities and other properties was recorded. Revenue was ¥264 million, up 32.6% from the previous fiscal year, while segment profit was ¥132 million, up 0.1%.」

    Solar power generation facilities using company-owned land began operating, and together with real estate leasing, revenue was recorded for the full fiscal year.
  32. FY2017-Q3AdvancedAnnual report

    「Beginning in the cumulative first quarter, revenue from real estate leasing and solar power generation has been recognized as sales. Revenue was ¥195 million, up 35.8% year on year, and segment profit was ¥96 million, down 4.1%.」

    Real estate leasing and solar power generation using company-owned land continued to generate revenue, with year-on-year figures for the same quarter also reported.
  33. FY2017-Q2AdvancedAnnual report

    「Beginning in the cumulative first quarter of the current consolidated fiscal year, revenue from real estate leasing and solar power generation has been recognized as sales. Revenue was ¥133 million, up 66.2% year on year, and segment profit was ¥71 million, up 27.9%.」

    Real estate leasing and solar power generation using company-owned land continued to generate revenue, with actual financial results reported.
  34. FY2017-Q1AdvancedAnnual report

    「The effective use of company-owned land was positioned as an important earnings base through the real estate and solar power generation businesses, new leasing was launched, and major solar power generation facilities began operating from the first quarter of the current consolidated fiscal period.」

    The use of company-owned land has progressed from the policy stage to the stage of recognizing revenue from real estate leasing and solar power generation and operating the facilities.
  35. FY2016First statedAnnual report

    「Realization of “Environmental Nichicon” through the effective use of company-owned land, including for solar power generation」

    The policy is to use company-owned land for solar power generation and other purposes as part of the environmental energy business.
Moved together

"Commercialization of the Environmental Energy Business" moved the same way as this thread, in the same document, in 21 of its 35 moves.

211814111110★123456
  1. ★This thread
  2. 1Commercialization of the Environmental Energy Business21×
  3. 2Expansion of the Civil Engineering Business Centered on the Segment Business18×
  4. 3Deepening expertise and differentiation in the Foundations business, and improving construction quality14×
  5. 4Expansion of Production Capacity at the Kyushu and Kanto Plants11×
  6. 5Company-wide revenue and profit growth in the first quarter11×
  7. 6Balancing Shareholder Returns and Retained Earnings10×

★ 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.

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Nippon Concrete Industries's next results are scheduled for 2026-11-13. Read the earnings preview
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