Komori
Traders Holdings (8704) · RiskMitigated

Deterioration in Renewable Energy Business Profitability Due to Rising Construction Material Prices

First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2022.

4entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2022-Q32017: 120172018: 020182019: 020192020: 020202021: 120212022: 22022
Same theme, other companies
Difficulty Passing Increases in Construction Materials and Labor Costs Through to Contract PricesA theme 56 companies write about · 57 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2022: 32 of 49 companies on the "Worse" side.

14 other companies' latest entry also says "Mitigated".

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.
Showing 14 of the 56 companies compared. The sentences above are computed from all 56.
Full recordFilings, disclosures and news, newest first
  1. FY2022MitigatedAnnual report

    「During the current consolidated fiscal year, we were able to substantially complete the restructuring of unprofitable businesses in which we had invested in the past without producing results, an initiative pursued since the previous consolidated fiscal year. These businesses included the renewable energy-related business operated by ZEエナジー, the overseas financial instruments trading business operated by PJB, and overseas investment projects of Traders Investment, among others.」

    The restructuring of ZEエナジー's business reduced our group's direct exposure to the construction material price increase risk specific to the renewable energy business.
  2. FY2022-Q3RestatedAnnual report

    「During the consolidated cumulative third quarter period under review, there were no material additions or changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    States that there have been no significant additions or changes regarding the deterioration in renewable energy business profitability due to rising construction material prices.
  3. FY2021-Q3RestatedAnnual report

    「During the consolidated cumulative third quarter period under review, there were no material additions or changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    States that there have been no significant additions or changes regarding the deterioration in renewable energy business profitability due to rising construction material prices.
  4. FY2017First statedAnnual report

    「In the renewable energy-related business, if construction material prices and other costs rise significantly beyond expectations after the execution of a construction contract due to market conditions and it is difficult to reflect the increases in the contract price, this may increase construction costs, reduce the profits of our group, and adversely affect our group's business and results.」

    Newly discloses the risk that increases in construction material prices and other costs after the execution of construction contracts may lead to higher costs and lower profits.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
Traders Holdings's next results are scheduled for 2026-10-30. Read the earnings preview
News
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