Komori
Mitani Sangyo (8285) · RiskRestated

Decline in LP Gas Sales Volumes Due to Lower Occupancy Rates and Unit Consumption in Multi-Unit Residential Buildings

First written in FY2020-Q1. 4 of 8 entries say "Restated". Latest entry: FY2024-Q2.

8entries
5years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2020-Q1 – FY2020-Q3MitigatedFY2021-Q1 – FY2022-Q12019: 220192020: 220202021: 120212022: 020222023: 32023
Same theme, other companies
Decline in Gas Sales Volumes Due to Competition from Other Energy Sources and Lower DemandA theme 8 companies write about · 11 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 3 of 7 companies on the "Worse" side.

2 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. FY2024-Q2RestatedAnnual report

    「Although new customer acquisitions progressed, sales volumes fell below the same period of the previous year as demand from commercial and household customers declined.」

    The situation continued in which declining commercial and household demand constrained LP gas sales volume despite continued new customer acquisition.
  2. FY2024-Q1RestatedAnnual report

    「Although new customer acquisitions progressed, sales volumes fell below the same period of the previous year as demand from commercial and household customers declined.」

    While new customer acquisition progressed, lower demand, including weaker household demand, constrained LP gas sales volume.
  3. FY2023-Q3WorsenedAnnual report

    「Sales volume was slightly below that of the same period of the previous year because per-unit consumption in detached and multi-unit housing declined, despite steady growth in new customer acquisition.」

    While new customer acquisition remained steady, the decline in per-unit consumption in detached and multi-unit housing again emerged as a year-on-year decline in LP gas sales volume.
  4. FY2022-Q1MitigatedAnnual report

    「Sales volumes exceeded the year-earlier period due to growth in new customer acquisitions, as well as increased unit consumption by commercial customers and apartment buildings.」

    Conditions changed from the previous situation, in which lower occupancy rates and per-unit consumption in multi-unit housing had been reported, to one in which per-unit consumption increased in the commercial and multi-unit housing sectors.
  5. FY2021-Q1MitigatedAnnual report

    「Sales volume exceeded that of the same period of the previous year because the number of customers increased in both multi-unit and detached housing, and per-unit consumption rose as people refrained from going out following the declaration of a state of emergency in response to the spread of COVID-19.」

    The number of customers and per-unit consumption increased, easing the volume constraints caused by lower occupancy rates and per-unit consumption in multi-unit housing, which had been noted through the previous quarter.
  6. FY2020-Q3RestatedAnnual report

    「For residential LP gas, sales prices remained at approximately the same level as in the same period of the previous year, while sales volume also remained at approximately the same level because occupancy rates in multi-unit housing declined, despite an increase in the number of customers.」

    Occupancy rates in multi-unit housing continued to decline, and LP gas sales volume remained approximately at the same level as in the same period of the previous year despite an increase in the number of customers.
  7. FY2020-Q2RestatedAnnual report

    「For residential LP gas, sales prices remained at approximately the same level as in the same period of the previous year, while sales volume also remained at approximately the same level because occupancy rates in multi-unit housing declined, despite growth in new customer acquisition.」

    Occupancy rates in multi-unit housing continued to decline, and LP gas sales volume remained approximately at the same level as in the same period of the previous year despite growth in new customer acquisition.
  8. FY2020-Q1First statedAnnual report

    「Sales volume declined mainly because occupancy rates and per-unit consumption in multi-unit housing fell from the same period of the previous year, despite growth in new customer acquisition.」

    Occupancy rates and per-unit consumption in multi-unit housing actually declined, and LP gas sales volume fell despite growth in new customer acquisition.
Moved together

"Expansion of Prime-Contracting and Renovation Orders in Hokuriku" moved the same way as this thread, in the same document, in 2 of its 8 moves.

2★1
  1. ★This thread
  2. 1Expansion of Prime-Contracting and Renovation Orders in Hokuriku2×

★ 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.

When this could move next
Mitani Sangyo's next results are scheduled for 2026-10-30. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.