Expansion of business operations into environmental services, including inspection, reuse and recycling

「For solar panel recycling equipment, we sold 3 frame and J-Box separation units to domestic companies and 1 to an overseas company, as well as 2 glass separation units to domestic companies and 1 to an overseas company.」

「In the environmental business, the Company sold 4 solar panel dismantling units to 4 domestic companies and 4 units to 3 overseas companies. It also had 2 large-scale projects involving sales of reused panels, while revenue from solar power plant inspection services and the plant factory business was recognized as scheduled.」

「In the environmental business, revenue was ¥239 million, down ¥179 million year on year, and the operating loss was ¥4 million, compared with operating profit of ¥77 million in the same period of the previous year. This was due to the recognition of revenue from 3 semi-automatic solar panel dismantling units (frame and J-Box removal equipment) sold to domestic companies involved in industrial waste processing and 1 unit sold to an overseas company, as well as steady revenue from existing customers through solar power plant inspection services and the plant factory business. The operating loss arose because a large project is scheduled to be recognized in the fourth quarter.」

「In the environmental business, revenue was broadly in line with plan at ¥176 million, down ¥68 million from the same period of the previous year, while operating profit was ¥3 million, down ¥20 million. Although part of an overseas panel dismantling equipment project was postponed at the customer’s request, the Company recognized revenue from the sale of 3 semi-automatic solar panel dismantling units (frame removal equipment) to domestic companies involved in industrial waste processing. It also secured steady revenue from existing customers through solar power plant inspection services and the plant factory business.」

「In the environmental business, revenue was ¥93 million, up ¥36 million from the previous fiscal year, and operating profit was ¥7 million, up ¥4 million. Revenue from planned projects, including solar power plant inspection services, solar panel reuse and recycling, the plant factory business, and solar panel dismantling equipment (frame removal equipment) for domestic customers, was broadly in line with plan, as were revenue and operating profit.」

「In the environmental business, revenue was ¥418 million, up ¥176 million year on year, and operating profit was ¥77 million, compared with an operating loss of ¥1 million in the same period of the previous year. This was due to the contribution from the solar panel dismantling line, as well as steady revenue recognition from solar power plant inspection services and the plant factory business.」

「As solar power plants certified under the Feed-in Tariff (FIT) scheme are installed successively, the scope of the Company’s inspection services has expanded from pre-completion inspections to periodic inspections of operating plants. In addition, the adoption of solar power generation for self-consumption by companies and local governments is progressing, increasing the number of generating facilities covered by the Company’s inspection services.」

「In the environmental business, revenue was ¥57 million, down ¥41 million from the previous fiscal year, and operating profit was ¥2 million, down ¥1 million. This was due to the scheduled recognition of revenue from solar power plant inspection services and the plant factory business, as well as sales of panel dismantling equipment (frame removal equipment) to an industrial waste processor in the United States.」

「In the environmental business, the Company carried out solar power plant inspection services as scheduled and recognized revenue from reuse and recycling and panel dismantling equipment. However, for an overseas panel dismantling equipment project, the timing of customer acceptance was pushed back due to a delay in ocean shipping, resulting in revenue recognition being deferred to the next fiscal year, ending August 2023. Consequently, revenue was ¥288 million, down ¥23 million from the previous fiscal year, and the operating loss was ¥25 million, compared with operating profit of ¥29 million in the previous fiscal year, both below plan.」

「In the environmental business, revenue was ¥241 million, down ¥5 million year on year, and the operating loss was ¥1 million, compared with operating profit of ¥45 million in the same period of the previous year. This was due to the scheduled implementation of solar power plant inspection services, as well as revenue from panel reuse and recycling, panel dismantling equipment, and the plant factory business.」

「This was due to the scheduled recognition of revenue from solar power plant inspection services, as well as revenue from panel recycling, the provision of panel dismantling equipment (frame removal equipment) to Europe, and the plant factory business.」

「In the environmental business, the company recorded revenue from solar power plant inspection services as scheduled, as well as revenue from reused panel sales, recycling processing, provision of panel dismantling equipment and the plant factory business. As a result, revenue was ¥311 million, a decrease of ¥141 million from the previous fiscal year, and operating income was ¥29 million, a decrease of ¥113 million.」

「(Environmental business) In the environmental business, revenue was ¥246 million, a decrease of ¥143 million year on year, and operating income was ¥45 million, a decrease of ¥92 million year on year. This was due to the scheduled recording of revenue from solar power plant inspection services, as well as reused panel sales, recycling processing and the provision of panel dismantling equipment.」

「In the environmental business, revenue was ¥173 million, a decrease of ¥157 million year on year, and operating income was ¥39 million, a decrease of ¥89 million year on year. This was due to the scheduled recording of revenue from inspection services at a large-scale solar power plant, along with reused panel sales, recycling processing and sales of panel dismantling equipment.」

「In the environmental business, revenue was ¥49 million, a decrease of ¥91 million year on year, and the operating loss was ¥7 million, a deterioration of ¥44 million year on year. This reflected the provision of solar power plant inspection services, panel reuse sales and recycling processing. Although revenue and operating income declined year on year, the results were broadly in line with the initial plan. Revenue from large-scale inspection projects is scheduled from the second quarter onward.」

「In the environmental business, inspection services performed strongly, significantly exceeding the initial forecast, while planned domestic sales of panel dismantling equipment were deferred to the following fiscal year. As a result, revenue was ¥453 million, a decrease of ¥23 million from the previous fiscal year, while operating income was ¥143 million, an increase of ¥72 million.」

「(Environmental business) Revenue was ¥390 million, an increase of ¥61 million year on year. This was due to strong performance in solar power plant inspection services, including inspections that had been delayed and periodic inspections, as well as sales of an automated solar panel dismantling line to a domestic industrial waste processing company. Operating income was ¥138 million, an increase of ¥51 million year on year.」

「(Environmental business) Revenue was ¥330 million, an increase of ¥89 million year on year. This was due to strong performance in solar power plant inspection services, including inspections that had been delayed and periodic inspections, as well as sales of an automated solar panel dismantling line to a domestic industrial waste processing company. Operating income was ¥129 million, an increase of ¥59 million year on year.」

「In the environmental business, revenue was ¥140 million, an increase of ¥67 million year on year, and operating income was ¥37 million, an increase of ¥32 million year on year. This was due to the performance of inspection services at solar power plants where construction had been delayed, as well as periodic inspections, and was broadly in line with the initial plan.」

「In the environmental business, some inspection services could not be performed because of delays in solar power plant construction. However, reused panel sales significantly exceeded expectations, and revenue from the first line of panel dismantling equipment was recorded as scheduled, resulting in revenue of ¥476 million, an increase of ¥198 million from the previous fiscal year. Although personnel expenses increased, securing high margins through high-value-added services resulted in operating income of ¥70 million, an increase of ¥47 million from the previous fiscal year.」

「(Environmental business) Revenue was ¥329 million, an increase of ¥89 million year on year. This was due to revenue from a dismantling line for solar panel recycling and steady accumulation of results from panel reuse and recycling. Operating income was ¥87 million, an increase of ¥50 million year on year. Panel inspection services continued to generate high margins, as before, while increased panel reuse and recycling results lifted the margin.」

「(Environmental business) Revenue was ¥241 million, an increase of ¥61 million year on year. This was due to the recording of revenue from a dismantling line for solar panel recycling, as well as reused panel sales exceeding the initial forecast. Operating income was ¥69 million, an increase of ¥27 million year on year. While panel inspection services maintained their previous margin, increased-than-expected reuse and recycling results for panels lifted the margin.」

「In the environmental business, strong revenue from solar power plant inspection services and reused panels and other activities resulted in revenue of ¥73 million, an increase of ¥5 million year on year. This was broadly in line with the initial forecast. On the earnings side, the company’s proprietary, high-margin inspection services contributed to performance, resulting in operating income of ¥4 million, an increase of ¥4 million year on year.」

「In the environmental business, rising market demand for the company’s services supported strong performance in large-scale power plant inspection services and solar panel reuse, resulting in revenue of ¥278 million, an increase of ¥34 million year on year. The company also improved work efficiency and reduced costs through appropriate labor-hour management, while securing high margins through high-value-added services, resulting in operating income of ¥23 million, an increase of ¥79 million year on year.」

「In the environmental business, continued solar power plant inspection services and sales of reused panels resulted in revenue of ¥239 million, an increase of ¥72 million year on year. Although the third-quarter consolidated accounting period included many low-margin projects, operating income was ¥36 million, compared with an operating loss of ¥16 million in the same period of the previous year, allowing the business to remain profitable at the operating level.」

「In the environmental business, inspection equipment sales were slightly weak, but inspections at large-scale solar power plants progressed smoothly and sales of reused panels also contributed to revenue, which was broadly in line with the plan.」

「In the environmental business, inspections at solar power plants progressed smoothly, while sales of reused panels and new inspection equipment also contributed to revenue, which was broadly in line with the plan.」

「In the environmental business, sales of solar panel inspection equipment were weaker than planned, but panel inspection services, including completion inspections at large-scale power plants, progressed smoothly, resulting in revenue of ¥243 million. Inspection hours increased due partly to the prolonged rainfall in August, resulting in an operating loss of ¥56 million.」

「In the environmental business, sales of solar panel inspection equipment were weaker than planned, but panel inspection services, including completion inspections at large-scale power plants, progressed smoothly, resulting in revenue of ¥167 million. The business recorded an operating loss of ¥16 million.」

「In the environmental business, sales of solar panel inspection equipment were weaker than initially forecast, but revenue from inspection services and other activities progressed smoothly, resulting in revenue of ¥98 million. The business recorded an operating loss of ¥4 million.」

「In the environmental business, inspections at solar power plants progressed smoothly and were broadly in line with the plan. Revenue was ¥35 million, supported by strong revenue from solar power plant inspection services and other services, while the business recorded an operating loss of ¥14 million.」

「The company provides solar panel inspection equipment and inspection services, as well as services related to the reuse and recycling of solar panels. It has also established a nationwide network for solar panel inspections and is working to promote the adoption of its inspection methods.」