Acquisition of Solar Power Generation Facilities and Electricity Sales Income
First written in FY2019-Q2. 10 of 12 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2026.
2 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In the environmental energy business, we conducted a tender offer for Japan Infrastructure Fund, Inc. to create new business opportunities. We also expanded our business scope and earnings opportunities by securing renewable energy power sources through subsidiaries including ML Power Co., Ltd. and commencing commercial operation of the Takeo battery storage facility in the grid-scale battery storage business.」
In addition to investing in renewable energy generation facilities, efforts were expanded to the acquisition of an infrastructure fund and the start of commercial operations at a grid-scale battery storage facility. - FY2025AdvancedAnnual report
「In the grid-scale battery storage business, we expanded the scope of services provided across the supply chain by focusing on initiatives in new fields, including the start of operations at our group's first grid-scale battery storage facility in March 2025.」
In renewable energy, operations began at our group's first grid-scale battery storage facility, expanding from ownership of power generation facilities into storage and supply. - FY2024AdvancedAnnual report
「In the environmental energy business, we expanded beyond equipment leasing into the businesses themselves by entering the grid-scale battery storage business to promote the wider adoption of renewable energy and stabilize electricity supply and demand, and by investing in projects for 6 extra-high-voltage solar power plants in Japan. We also began a demonstration project aimed at shifting domestic last-mile transport to EVs, thereby supporting customers' decarbonization and sustainability initiatives.」
Efforts in renewable energy were expanded to grid-scale battery storage, investments in 6 domestic solar power plants, and a demonstration project for the shift to EVs. - FY2024-Q2AdvancedAnnual report
「Mirai Soden Kuma Nishikimachi Godo Kaisha and Mirai Soden Tsu Hakusan Godo Kaisha have been included in the scope of consolidation during the second quarter of the fiscal year under review following the acquisition of their equity interests.」
A new investment interest related to renewable energy was acquired, and the 2 Mirai Soden companies were added to the scope of consolidation. - FY2023AdvancedAnnual report
「Alongside an investment in a company working to promote commercial electric vehicles and energy management systems, we are contributing to the expansion of renewable energy and supporting customers' decarbonization and sustainability initiatives by improving the convenience of electric vehicles and developing new solutions using in-vehicle storage batteries.」
In addition to renewable energy, efforts were expanded to commercial EVs, energy management, and the development of solutions using in-vehicle storage batteries. - FY2021AdvancedAnnual report
「In the environment and energy field, we strengthened our efforts in renewable energy, expanding beyond equipment leasing into the businesses themselves through financing for wind power projects, participation in biomass power generation businesses, and the launch of operations at solar power plants.」
The launch of solar power plant operations, financing for wind power projects, and participation in biomass power generation businesses were disclosed, indicating an expansion from equipment leasing into business operations. - FY2020Sale of solar power generation facilities; operating assets reduced to zeroAnnual report
「Revenue in Other increased 321.9% year on year to ¥8,747 million following the sale during the period of a solar power generation facility developed as a bridge project. However, operating profit decreased 11.5% to ¥584 million owing to a corresponding increase in the cost of sales and other factors. At the end of the fiscal year, the balance of operating assets decreased ¥6,311 million from the end of the previous fiscal year to zero as a result of the sale of the solar power generation facility.」
A solar power generation facility was sold during the period, reducing the balance of operating assets in the Other segment to zero. Revenue increased, but operating profit decreased. - FY2019AdvancedAnnual report
「Revenue in Other increased 69.8% year on year to ¥2,073 million, owing to higher electricity sales revenue from solar power generation and other factors, while operating profit increased 67.9% to ¥660 million.」
Revenue and operating profit in the Other segment increased substantially owing to higher electricity sales revenue from solar power generation and other factors. - FY2019-Q3AdvancedAnnual report
「In Other, solar power generation facilities were acquired again, as in the same period of the previous year, but the contract execution value decreased 26.3% year on year to ¥2,608 million. Revenue in Other increased 89.9% to ¥1,626 million, owing to higher electricity sales revenue from solar power generation and other factors, while operating profit increased 97.7% to ¥555 million.」
The acquisition of solar power generation facilities continued and the contract execution value decreased, while revenue and operating profit in Other increased substantially owing to electricity sales revenue and other factors. - FY2019-Q2First statedAnnual report
「In addition, the acquisition of solar power generation facilities brought the contract execution value in Other to ¥2,593 million. Revenue in Other increased 101.4% year on year to ¥1,169 million, owing to higher electricity sales revenue from solar power generation and other factors, while operating profit increased 93.4% to ¥434 million.」
The acquisition of solar power generation facilities and increased electricity sales revenue were recorded for the first time as results for the Other segment's contract execution value, revenue, and operating profit.