Komori
Iwatani (8088) · RiskRestated

Fluctuations in LP gas sales volumes due to seasonal and weather variations

First written in FY2016. 17 of 23 entries say "Restated". Latest entry: FY2025.

23entries
10years
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q3 – FY20252016: 320162017: 420172018: 420182019: 320192020: 320202021: 320212022: 120222023: 120232024: 020242025: 12025
Same theme, other companies
Seasonality of performance due to the concentration of gas demand in winterA theme 8 companies write about · 6 as a headwind · 1 as a tailwind

Iwatani moved to the "Worse" side of this theme in 2016.

The whole theme swung hardest in 2018: 1 of 8 companies on the "Worse" side.

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

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「Because LP gas consumption is affected by air and water temperatures, sales volumes of the Group's main product, LP gas, decrease in summer and increase in winter. As a result, the Group has an earnings structure in which profits are concentrated in the second half.」

    The seasonality of LP gas sales and the concentration of profits in the second half continue to be identified as key risks.
  2. FY2024-Q1RestatedAnnual report

    「The Group's business is centered on energy-related products and is therefore significantly affected by seasonal fluctuations. Because LP gas consumption is affected by air and water temperatures, sales volumes decrease in summer and increase in winter. As a result, revenue tends to be higher in the second half than in the first half of the consolidated fiscal year.」

    The seasonality of LP gas sales and the tendency for revenue to be higher in the second half are reconfirmed in the notes to the quarterly financial statements.
  3. FY2022-Q3RestatedAnnual report

    「The Group's business is centered on energy-related products and is therefore significantly affected by seasonal fluctuations. Because LP gas consumption is affected by air and water temperatures, sales volumes decrease in summer and increase in winter. As a result, the Group has an earnings structure in which profits are concentrated in the second half.」

    The seasonality of LP gas sales and the concentration of profits in the second half continue to be explained.
  4. FY2022-Q2RestatedAnnual report

    「The Group's business is centered on energy-related products and is therefore significantly affected by seasonal fluctuations. Because LP gas consumption is affected by air and water temperatures, sales volumes decrease in summer and increase in winter. As a result, the Group has an earnings structure in which profits are concentrated in the second half.」

    The seasonality of LP gas sales and the concentration of profits in the second half continue to be explained.
  5. FY2022-Q1RestatedAnnual report

    「The Group's business is centered on energy-related products and is therefore significantly affected by seasonal fluctuations. Because LP gas consumption is affected by air and water temperatures, sales volumes decrease in summer and increase in winter. As a result, the Group has an earnings structure in which profits are concentrated in the second half.」

    The seasonality of LP gas sales and the concentration of profits in the second half continue to be explained.
  6. FY2021-Q3RestatedAnnual report

    「The Group's business is centered on energy-related products and is therefore significantly affected by seasonal fluctuations. Because LP gas consumption is affected by air and water temperatures, sales volumes decrease in summer and increase in winter. As a result, the Group has an earnings structure in which profits are concentrated in the second half.」

    The seasonality of LP gas sales and the earnings structure in which profits are concentrated in the second half are reiterated.
  7. FY2021-Q2RestatedAnnual report

    「The Group's business is centered on energy-related products and is therefore significantly affected by seasonal fluctuations. Because LP gas consumption is affected by air and water temperatures, sales volumes decrease in summer and increase in winter. As a result, the Group has an earnings structure in which profits are concentrated in the second half.」

    The seasonality of LP gas sales and the concentration of profits in the second half are reiterated.
  8. FY2020RestatedAnnual report

    「Because LP gas consumption is affected by air and water temperatures, sales volumes of the Group's main product, LP gas, decrease in summer and increase in winter. As a result, the Group has an earnings structure in which profits are concentrated in the second half. Unusual weather fluctuations may also affect the Group's LP gas sales volumes.」

    In addition to seasonality, the potential impact of unusual weather fluctuations on LP gas sales volumes is reiterated.
  9. FY2020-Q3RestatedAnnual report

    「The Group's business is centered on energy-related products and is therefore significantly affected by seasonal fluctuations. Because LP gas consumption is affected by air and water temperatures, sales volumes decrease in summer and increase in winter. As a result, the Group has an earnings structure in which profits are concentrated in the second half.」

    The seasonality of LP gas sales and the concentration of profits in the second half continue to be explained.
  10. FY2020-Q2RestatedAnnual report

    「The Group's business is centered on energy-related products and is therefore significantly affected by seasonal fluctuations. Because LP gas consumption is affected by air and water temperatures, sales volumes decrease in summer and increase in winter. As a result, the Group has an earnings structure in which profits are concentrated in the second half.」

    The seasonality of LP gas sales and the earnings structure in which profits are concentrated in the second half are reiterated.
  11. FY2020-Q1RestatedAnnual report

    「The Group's business is centered on energy-related products and is therefore significantly affected by seasonal fluctuations. Because LP gas consumption is affected by air and water temperatures, sales volumes decrease in summer and increase in winter. As a result, the Group has an earnings structure in which profits are concentrated in the second half.」

    The seasonality of LP gas sales and the concentration of profits in the second half continue to be explained.
  12. FY2019-Q3RestatedAnnual report

    「The Group's business is centered on energy-related products and is therefore significantly affected by seasonal fluctuations. Because LP gas consumption is affected by air and water temperatures, sales volumes decrease in summer and increase in winter. As a result, the Group has an earnings structure in which profits are concentrated in the second half, with the fourth quarter accounting for a particularly large share of earnings.」

    The seasonality of LP gas sales and the earnings structure in which profits are concentrated in the second half, particularly the fourth quarter, are reiterated.
  13. FY2019-Q2MaterialisedAnnual report

    「In the comprehensive energy business, sales volumes of LP gas for residential use declined slightly due to higher-than-usual temperatures, but selling prices rose as LP gas import prices remained high, contributing to higher revenue.」

    Higher-than-usual temperatures were reflected in actual results through a slight decline in sales volumes of LP gas for residential use.
  14. FY2019-Q1MaterialisedAnnual report

    「For LP gas, retail sales declined due to higher-than-usual temperatures, while wholesale sales volumes increased.」

    It states that higher-than-usual temperatures were reflected in first-quarter results through lower retail LP gas sales.
  15. FY2018RestatedAnnual report

    「Because LP gas consumption is affected by air and water temperatures, sales volumes of the Group's main product, LP gas, decrease in summer and increase in winter. As a result, the Group has an earnings structure in which profits are concentrated in the second half.」

    The seasonality of LP gas sales and the concentration of profits in the second half are reiterated as risks.
  16. FY2018-Q3RestatedAnnual report

    「The Group's business is centered on energy-related products and is therefore significantly affected by seasonal fluctuations. Because LP gas consumption is affected by air and water temperatures, sales volumes decrease in summer and increase in winter. As a result, the Group has an earnings structure in which profits are concentrated in the second half.」

    The seasonality of LP gas sales and the concentration of profits in the second half are reiterated.
  17. FY2018-Q2RestatedAnnual report

    「The Group's business is centered on energy-related products and is therefore significantly affected by seasonal fluctuations. Because LP gas consumption is affected by air and water temperatures, sales volumes decrease in summer and increase in winter. As a result, the Group has an earnings structure in which profits are concentrated in the second half.」

    The seasonality of LP gas sales and the concentration of profits in the second half are reiterated.
  18. FY2018-Q1RestatedAnnual report

    「The Group's business is centered on energy-related products and is therefore significantly affected by seasonal fluctuations. Because LP gas consumption is affected by air and water temperatures, sales volumes decrease in summer and increase in winter. As a result, the Group has an earnings structure in which profits are concentrated in the second half.」

    The seasonality of LP gas sales and the concentration of profits in the second half are reiterated.
  19. FY2017RestatedAnnual report

    「LP gas consumption is affected by air and water temperatures, so sales volumes of LP gas, the Group’s main product, decline in summer and increase in winter.」

    The seasonality of LP gas sales and the earnings structure in which profits are concentrated in the second half are reiterated as risks.
  20. FY2017-Q3MaterialisedAnnual report

    「In the comprehensive energy business, retail LP gas sales volumes were in line with the previous year, but sales volumes of LP gas for residential use declined due to higher-than-usual temperatures and a review of the wholesale division.」

    Higher-than-usual temperatures continued, and seasonal and weather-related factors continued to affect results through lower sales volumes of LP gas for residential use.
  21. FY2017-Q2MaterialisedAnnual report

    「In the comprehensive energy business, LP gas sales volumes decreased year on year due to higher-than-usual temperatures and a review of the wholesale division.」

    It states that higher-than-usual temperatures and the decline in LP gas sales volumes were reflected in results for the first half.
  22. FY2017-Q1MaterialisedAnnual report

    「In the comprehensive energy business, sales volumes decreased year on year due to higher-than-usual temperatures and a review of the wholesale division.」

    As seasonal and weather-related factors, higher-than-usual temperatures and the decline in LP gas sales volumes are reflected in actual results.
  23. FY2016First statedAnnual report

    「LP gas consumption is affected by air and water temperatures, so sales volumes of LP gas, the Group’s main product, decline in summer and increase in winter.」

    The earnings structure, in which profits are concentrated in the second half due to seasonality, is also explained.
Moved together

"Decline in Sales of Functional Films for Smartphones in China" moved the same way as this thread, in the same document, in 3 of its 23 moves.

32★12
  1. ★This thread
  2. 1Decline in Sales of Functional Films for Smartphones in China3×
  3. 2Fluctuations in LP Gas Import Prices2×

★ 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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Iwatani's next results are scheduled for 2026-11-10. Read the earnings preview
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