Consideration of Early Monetization Through the Sale of Utility-Scale Solar Projects
First written in FY2017-Q1. 11 of 34 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「We sold 3 mega-solar projects during the previous consolidated fiscal year, but made no such sales during the current consolidated fiscal year.」
While 3 megasolar projects were sold in the previous fiscal year, there were no project sales during the fiscal year, and no implementation of early monetization was identified. - FY2026-H1SoftenedAnnual report
「Although dividend income from project sales was recorded in the same period of the previous year, there were no project sales accompanied by gains during the six-month period.」
Dividend income from project sales recorded in the same period of the previous year was absent in the six-month period, and no evidence of early monetization through project sales was identified. - FY2025AdvancedAnnual report
「Of these project sales, the number of megasolar projects sold increased from 1 in the previous fiscal year to 3.」
The number of megasolar projects sold increased from 1 in the previous fiscal year to 3, advancing monetization through project sales. - FY2025-H1RestatedAnnual report
「During the six-month period, we received as dividends the gain on the sale of a facility sold in March 2024 by a distribution center project.」
We received the gain on the sale of a distribution center facility as dividends, and proceeds from project sales were reflected in revenue for the six-month period. - FY2024-Q2RestatedAnnual report
「In project investments, we sold 1 megasolar project in the same period of the previous year, but there were no sales during the six-month period ended 30 September.」
While 1 megasolar project was sold in the same period of the previous year, there were no sales during the six-month period, and implementation of early monetization through sales remained limited. - FY2024-Q1No sales; partial recoveryAnnual report
「There were also projects during the three-month period ended 30 June from which part of the investment was recovered through bond redemptions and receipt of distributions.」
There was no disclosure of project sales during the quarter, while partial recovery was carried out through bond redemptions and receipt of distributions. - FY2023-Q3AdvancedAnnual report
「Regarding investment recovery during the nine-month period ended 31 December, we sold 1 megasolar project, 1 healthcare project and 1 distribution center project.」
We sold 1 megasolar project, 1 healthcare project and 1 distribution center project, implementing early monetization through project sales. - FY2023-Q2AdvancedAnnual report
「In project investments, we sold 1 megasolar project.」
During the six-month period ended 30 September, we sold 1 megasolar project and implemented early monetization. - FY2023-Q1AdvancedAnnual report
「During the three-month period ended 30 June, a fund in which our group invests sold facilities in 1 healthcare project and 1 distribution center project.」
Outside megasolar projects, 1 healthcare facility and 1 distribution center facility were sold. - FY2022AdvancedAnnual report
「During the fiscal year, we sold 1 megasolar project and a partial interest in 1 distribution center.」
While sales had been limited through the previous fiscal year, during the fiscal year we sold 1 megasolar project and a partial interest in 1 distribution center. - FY2022-Q3AdvancedAnnual report
「Meanwhile, 2 projects, including partial sales, were sold during the nine-month period ended 31 December.」
While there had been no sales through the previous quarter, during the six-month period we sold 1 megasolar project and a partial interest in a distribution center. - FY2022-Q2RestatedAnnual report
「There were also no project sales during the six-month period ended 30 September.」
There were no project sales during the six-month period, and implementation of early monetization through sales remained limited. - FY2022-Q1RestatedAnnual report
「There were no project sales during the first quarter cumulative period of the current consolidated fiscal year.」
There were no project sales during the quarter, and implementation of early monetization through sales remained limited. - FY2021ReframedAnnual report
「The new investment policy is to expand investments in projects premised on sale within the short term, 2–3 years after investment, and thereby increase the outstanding balance and gains on sale from such projects.」
The policy was reorganized from early monetization through conventional megasolar project sales to a broader project investment policy premised on sale 2–3 years after investment. - FY2021-Q3AdvancedAnnual report
「Meanwhile, during the nine-month period ended 31 December, we recovered the invested principal from 1 megasolar project under construction because its profitability had declined. We also sold 1 megasolar project in operation.」
Early monetization through sales was implemented through the sale of 1 operating megasolar project. The invested principal was also recovered from 1 project under construction whose profitability had declined. - FY2021-Q2Recovered underperforming projects instead of selling themAnnual report
「Meanwhile, during the six-month period ended 30 September, we recovered the invested principal from 1 project under construction because its profitability had declined.」
Rather than selling the project, the invested principal was recovered from 1 project under construction whose profitability had declined. - FY2021-Q1RestatedAnnual report
「There were no project sales during the first quarter cumulative period of the current consolidated fiscal year.」
As in the periods through the previous quarter, there were no project sales during the current quarter, leaving execution of early monetization through sales at a low level. - FY2020-Q2RestatedAnnual report
「We recovered 1 mega-solar project with capacity of 1.2 MW in the same period of the previous year, but there were no project sales or recoveries during the second quarter cumulative period of the current consolidated fiscal year.」
Compared with the sales and recoveries through the previous fiscal year, there were again no project sales or recoveries during the current cumulative period, leaving execution of early monetization at a low level. - FY2020-Q1SoftenedAnnual report
「There were no project sales or recoveries either in the same period of the previous year or during the first quarter cumulative period of the current consolidated fiscal year.」
Although 4 projects with capacity of 8.2 MW were sold in the previous fiscal year, albeit on a limited basis, there were no sales or recoveries during the current quarter, leaving execution of early monetization at a low level. - FY2019SoftenedAnnual report
「Project sales were limited to 4 projects with capacity of 8.2 MW.」
Compared with the sale or recovery of 9 projects with capacity of 81.8 MW in the previous fiscal year, sales or recoveries in the current fiscal year were limited to 4 projects with capacity of 8.2 MW, restraining early monetization through sales. - FY2019-Q3SoftenedAnnual report
「Regarding project sales, we sold 4 projects with total capacity of 36.0 MW in the same period of the previous year, but during the third quarter cumulative period of the current consolidated fiscal year, recoveries were limited to 1 project with capacity of 1.2 MW and 1 project for short-term holding with capacity of 20.0 MW.」
Compared with the sale of 4 projects with capacity of 36.0 MW in the same period of the previous year, recoveries during the current cumulative period were limited to projects with capacity of 1.2 MW and 20.0 MW, keeping early monetization through sales at a low level. - FY2019-Q2SoftenedAnnual report
「Regarding project sales, we sold 4 projects with total capacity of 36.0 MW in the same period of the previous year, but during the second quarter cumulative period of the current consolidated fiscal year, recoveries were limited to 1 project with capacity of 1.2 MW.」
Compared with the sale of 4 projects with capacity of 36.0 MW in the same period of the previous year, recoveries during the current cumulative period totaled only 1 project with capacity of 1.2 MW, indicating a policy of limiting sales and building the project balance. - FY2019-Q1SoftenedAnnual report
「Regarding project sales, we sold 2 projects with total capacity of 3.0 MW in the same period of the previous year, but made no sales or recoveries during the first quarter cumulative period of the current consolidated fiscal year.」
Unlike the previous fiscal year, when early monetization through project sales continued, there were no sales or recoveries during the current quarter, interrupting the track record of execution. - FY2018AdvancedAnnual report
「Meanwhile, we sold or recovered 9 mega-solar projects with total capacity of 81.8 MW, of which our share was 51.9 MW.」
The company continued early monetization through project sales, selling or recovering 9 projects with capacity of 81.8 MW during the year. - FY2018-Q3RestatedAnnual report
「Meanwhile, we sold 4 mega-solar projects with total capacity of 36.0 MW, of which our share was 22.0 MW.」
The sale of 4 projects with capacity of 36.0 MW, reported through the previous quarter, was also confirmed in the current quarterly report. - FY2018-Q2AdvancedAnnual report
「Meanwhile, we sold 4 projects with total capacity of 36.0 MW, of which our share was 22.0 MW.」
The company continued early monetization through project sales, selling 4 projects with capacity of 36.0 MW on a cumulative basis through the second quarter. - FY2018-Q1AdvancedAnnual report
「During the first quarter of the consolidated accounting period, we sold 2 projects with total capacity of 3.0 MW.」
After selling 5 projects with capacity of 17.7 MW in the previous fiscal year, the company sold 2 projects with capacity of 3.0 MW during the current quarter, continuing early monetization through project sales. - FY2017AchievedAnnual report
「In the renewable energy investment business, we sold 5 mega-solar projects with total capacity of 17.7 MW to Japan Renewable Energy Infrastructure Fund, Inc., which is listed on the Tokyo Stock Exchange's infrastructure fund market.」
The company executed the previously planned sale of 5 projects with capacity of 17.7 MW, achieving monetization through a sale to an infrastructure fund. - FY2017-Q3DroppedAnnual report
「As of the end of the third quarter of the consolidated accounting period, the total number of projects invested in, including projects already sold and projects under planning, had expanded to 29 projects with capacity of 138.7 MW.」
The specific plan previously announced to sell 5 projects with capacity of 17.7 MW in the fourth quarter of the fiscal year was not included in this filing, which only described the total number of projects, including those already sold. - FY2017-Q2AdvancedAnnual report
「During the consolidated fiscal year, we plan to sell 5 projects with total capacity of 17.7 MW in the fourth quarter.」
The company moved from considering sales depending on the terms and conditions to a specific plan to sell 5 projects with capacity of 17.7 MW in the fourth quarter of the fiscal year. - FY2017-Q1First statedAnnual report
「As projects have been steadily accumulated and the external environment has improved, including the opening of the Tokyo Stock Exchange's infrastructure fund market, we will consider obtaining earlier revenue opportunities by selling projects, depending on the terms and conditions.」
The company indicated that, rather than holding projects until power sales begin, it would also consider early monetization through project sales depending on the terms and conditions.