Increase in depreciation and amortization associated with asset retirement obligations in the wind power business
First written in FY2022-Q1. 4 of 8 entries say "Materialised", first in FY2022-Q1. Latest entry: FY2026.
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- FY2026RestatedAnnual report
「The Group's wind power generation business faces the risk of wind farms being damaged by earthquakes, lightning strikes and other events. In addition to natural disasters, there is also a risk that wind turbines may stop if an unexpected and sudden mechanical or electrical failure occurs.」
Risks relating to equipment failures, natural disasters and fluctuations in power generation in the wind power generation business continue to be disclosed. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The summary states that there have been no significant changes relating to the increase in depreciation and amortization associated with asset retirement obligations in the wind power business. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The summary states that there have been no significant changes relating to the increase in depreciation and amortization associated with asset retirement obligations in the wind power business. - FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The summary states that there have been no significant changes in the key risk relating to the increase in depreciation and amortization associated with asset retirement obligations in the wind power business. - FY2022MaterialisedAnnual report
「Factors behind the decline included the difficulty of passing higher costs through to prices in the energy business as petroleum product prices rose, the end of demand for Hokuriku Shinkansen construction work, the absence this period of the special demand from GIGA School, which ended during the previous period, and higher depreciation costs in the wind power business following the recognition of asset retirement obligations associated with the removal of wind turbines after the end of the FIT period.」
Recognition of asset retirement obligations and the resulting increase in depreciation and amortization associated with removing wind turbines after the end of the FIT period have materialized as a factor behind the decline in full-year profit. - FY2022-Q3MaterialisedAnnual report
「Depreciation and amortization increased in the wind power business following recognition of asset retirement obligations.」
The increase in depreciation and amortization associated with recognition of asset retirement obligations in the wind power business continues to be a factor behind the decline in profit for the cumulative third quarter. - FY2022-Q2MaterialisedAnnual report
「Depreciation and amortization increased in the wind power business following recognition of asset retirement obligations.」
The increase in depreciation and amortization associated with recognition of asset retirement obligations in the wind power business continues to be a negative factor for profit in the second quarter. - FY2022-Q1MaterialisedAnnual report
「Depreciation and amortization increased in the wind power business following recognition of asset retirement obligations.」
The increase in depreciation and amortization associated with recognition of asset retirement obligations in the wind power business was a factor weighing on profit in the first quarter.