Komori
Tokyo Sangyo (8070) · RiskRestated

Risk of lower profitability due to regulatory changes and equipment damage in power generation businesses

First written in FY2020. 8 of 10 entries say "Restated". Latest entry: FY2024-Q1.

10entries
4years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2020 – FY2022-Q3RestatedFY2023-Q2 – FY2024-Q12020: 320202021: 120212022: 320222023: 32023
Same theme, other companies

2 other companies' latest entry also says "Restated".

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  1. FY2024-Q1RestatedAnnual report

    「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」

    It stated that there had been no material changes regarding the risk of lower profitability due to regulatory changes and equipment damage in power generation businesses.
  2. FY2023RestatedAnnual report

    「The group has implemented measures including selecting business sites that are resilient to wind and flood damage, taking out insurance on power generation facilities and appropriately managing those facilities. However, if power generation businesses become difficult to continue or their profitability deteriorates substantially due to factors beyond the group's control, the group's performance and financial condition could be adversely affected.」

    It continues to identify regulatory change and equipment damage risks in power generation businesses and measures including site selection, insurance and facility management.
  3. FY2023-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.」

    It stated that there had been no material changes regarding the risk of lower profitability due to regulatory changes and equipment damage in power generation businesses.
  4. FY2023-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It stated that there had been no material changes regarding the risk of lower profitability due to regulatory changes and equipment damage in power generation businesses.
  5. FY2022MitigatedAnnual report

    「The group has implemented measures including selecting business sites that are resilient to wind and flood damage, taking out insurance on power generation facilities and appropriately managing those facilities. However, if power generation businesses become difficult to continue or their profitability deteriorates substantially due to factors beyond the group's control, the group's performance and financial condition could be adversely affected.」

    It explicitly described site selection, insurance and facility management as measures against regulatory and equipment risks in power generation businesses.
  6. FY2022-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It stated that there had been no material changes regarding the risk of lower profitability due to regulatory changes and equipment damage in power generation businesses.
  7. FY2021-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It stated that there had been no material changes regarding the risk of lower profitability due to regulatory changes and equipment damage in power generation businesses.
  8. FY2021-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It stated that there had been no material changes regarding the risk of lower profitability due to regulatory changes and equipment damage in power generation businesses.
  9. FY2021-Q1RestatedAnnual report

    「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」

    It stated that there had been no material changes regarding the risk of lower profitability due to regulatory changes and equipment damage in power generation businesses.
  10. FY2020First statedAnnual report

    「These businesses could become difficult to continue, or their profitability could deteriorate substantially, as a result of major changes in laws and regulations, including revisions to the FIT (Feed-in Tariff) scheme, national energy policy and output curtailment by electric utilities, or damage to or failure of power generation facilities caused by natural disasters such as earthquakes and typhoons.」

    For power generation businesses, including solar power, it identified the FIT scheme, policy changes, output curtailment, and equipment failure or damage caused by natural disasters as risks.
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