Pressure on heat supply earnings from higher electricity and gas prices and rising repair costs
First written in FY2018-Q2. 9 of 24 entries say "Mitigated", first in FY2019-Q1. Latest entry: 2026-05-08.
No other company in this theme has enough history to compare yet.
- 2026-05-08MitigatedRevision of earnings forecasts
「Due to the revision of base charges for heating and cooling in the thermal energy supply business and an increase in water supply and drainage usage in the water supply and drainage operations business, net sales were ¥7,459 million, up 5.3% year on year, and segment income was ¥1,154 million, up 33.3%.」
The revision of base charges for heating and cooling was identified as a factor behind the increase in net sales and segment income in the airport infrastructure business. - FY2026-H1MitigatedAnnual report
「Revision of basic charges for cooling and heating in the heat-supply business」
The basic charges in the heat-supply business were revised, implementing a pricing measure to address fluctuations in costs such as energy prices. This is identified as a factor behind higher revenue in the airport infrastructure business. - FY2024MitigatedAnnual report
「Operating profit was ¥527 million, up 134.2% year on year, due in part to lower raw material expenses as electricity and gas unit prices remained below the previous year's level. In addition, from the second half of fiscal 2023, the pricing structure was revised to link charges to raw material expenses in order to address future fluctuations in energy prices.」
Regarding pressure on heat-supply earnings from higher energy prices, operating profit increased as raw material expenses declined, and the pricing structure was revised to link charges to raw material expenses. - FY2024-Q3RestatedAnnual report
「In addition to the recognition of scheduled maintenance expenses for refrigeration equipment and boilers, operating profit was ¥428 million, up 11.8% year on year, due in part to lower raw material expenses as gas unit prices remained below the previous year's level.」
Although scheduled maintenance expenses for refrigeration equipment and boilers were incurred, operating profit in the heat-supply business increased year on year due in part to lower raw material expenses resulting from lower gas unit prices, reaffirming the easing of pressure on earnings from higher costs. - FY2024-Q2MitigatedAnnual report
「In addition to the recognition of scheduled maintenance expenses for refrigeration equipment and boilers, operating profit was ¥265 million, up 3.5% year on year, due in part to lower raw material expenses as gas unit prices remained below the previous year's level.」
Although scheduled maintenance expenses for refrigeration equipment and boilers were incurred, operating profit increased year on year due in part to lower raw material expenses resulting from lower gas unit prices, easing the pressure on earnings from higher costs. - FY2024-Q1WorsenedAnnual report
「Meanwhile, operating profit was ¥204 million, down 15.6% year on year, due to the recognition of scheduled maintenance expenses for refrigeration equipment and boilers.」
In the heat-supply business, scheduled maintenance expenses for refrigeration equipment and boilers emerged as a new factor pressuring earnings, rather than electricity and gas charges, reducing operating profit by 15.6% year on year. - FY2023-Q3WorsenedAnnual report
「Meanwhile, raw material expenses increased significantly due to higher electricity and gas unit prices, and operating profit was ¥383 million, down 27.9% year on year.」
The significant increase in raw material expenses resulting from higher electricity and gas unit prices reduced operating profit in the heat-supply business by 27.9% year on year, and pressure on earnings from higher costs continues. - FY2023-Q2WorsenedAnnual report
「In the heat-supply business of the consolidated subsidiary 東京空港冷暖房㈱, sales increased 19.3% year on year to ¥1,769 million, due in part to the absence of heat-charge reductions for airlines and other customers as a COVID-19 measure and an upward trend in sales volume for both cooling and heating compared with the previous year. However, operating profit was ¥256 million, down 27.1% year on year, as raw material expenses increased significantly due to higher electricity and gas unit prices.」
Although sales increased due to higher sales volume and the absence of heat-charge reductions, operating profit declined 27.1% year on year because raw material expenses increased significantly as electricity and gas unit prices rose, indicating greater pressure on earnings from higher costs. - FY2023-Q1RestatedAnnual report
「In the heat-supply business of the consolidated subsidiary 東京空港冷暖房㈱, sales increased 20.2% year on year to ¥789 million and operating profit increased 29.2% to ¥242 million, due in part to the absence of heat-charge reductions for airlines and other customers as a COVID-19 measure and higher sales volume, despite increased raw material expenses resulting from higher electricity and gas unit prices.」
Although higher electricity and gas unit prices continue to increase raw material expenses, sales and operating profit in the heat-supply business have increased because heat-charge reductions were not provided and sales volume rose. - FY2022WorsenedAnnual report
「In the heat-supply business, sales volume increased slightly. However, sales were ¥2,957 million, down 12.5% year on year, due in part to deductions from sales for heat-charge reductions provided to airlines and other customers. Operating profit was ¥452 million, down 58.8% year on year, due in part to higher raw material expenses, including electricity and gas.」
In addition to deductions from sales for heat-charge reductions, higher raw material expenses, including electricity and gas, reduced operating profit in the heat-supply business by 58.8% year on year, with pressure from higher costs becoming significant. - FY2022-Q3WorsenedAnnual report
「In the heat-supply business of the consolidated subsidiary 東京空港冷暖房㈱, sales volume declined slightly. However, sales were ¥2,152 million, down 13.9% year on year, due in part to deductions from sales for heat-charge reductions provided to airlines and other customers in the first half and deductions for the estimated amount for the third quarter in the second half. Operating profit was ¥532 million, down 44.2% year on year, due in part to higher raw material expenses, including electricity and gas.」
In addition to deductions from sales for heat-charge reductions, higher raw material expenses, including electricity and gas, reduced operating profit in the heat-supply business by 44.2% year on year, with pressure from higher costs again becoming significant. - FY2021-Q2MitigatedAnnual report
「In addition, on the cost side, electricity and gas fuel expenses and repair expenses declined, and operating profit was ¥575 million, up 21.1% year on year.」
Lower electricity and gas fuel expenses and repair expenses increased operating profit in the heat-supply business by 21.1% year on year, easing the pressure on earnings from higher costs during the quarter. - FY2021-Q1MitigatedAnnual report
「In the heat-supply business of the consolidated subsidiary 東京空港冷暖房㈱, sales increased slightly to ¥756 million, up 0.6% year on year, despite lower demand caused by the impact of COVID-19 and falling outdoor temperatures, although new facilities began operating at some customer sites. On the cost side, operating profit was ¥323 million, up 40.9% year on year, as repair and raw material expenses declined.」
Although demand declined due to COVID-19 and lower outdoor temperatures, operating profit in the heat-supply business increased 40.9% year on year as repair and raw material expenses declined, easing the pressure on earnings from higher costs during the quarter. - FY2020MitigatedAnnual report
「In the heat-supply business of the consolidated subsidiary 東京空港冷暖房㈱, sales were ¥3,274 million, broadly in line with the previous fiscal year and up 0.9% year on year. Despite higher depreciation expenses associated with the boiler replacement carried out in the previous fiscal year, operating profit was ¥849 million, up 7.8% year on year, as repair and raw material expenses declined.」
Although higher depreciation expenses resulting from boiler replacement remained, operating profit increased 7.8% year on year due to lower repair and raw material expenses, easing the pressure on earnings from higher costs. - FY2020-Q3MitigatedAnnual report
「In the heat-supply business of the consolidated subsidiary 東京空港冷暖房㈱, sales were ¥2,433 million, essentially in line with the previous year and up 0.1% year on year. Despite higher depreciation expenses associated with the boiler replacement carried out in the previous fiscal year, operating profit was ¥751 million, up 9.9% year on year, as repair and raw material expenses declined.」
Although higher depreciation expenses associated with boiler replacement continued, operating profit increased 9.9% year on year due to lower repair and raw material expenses, easing the pressure on earnings from higher costs during the quarter. - FY2020-Q2MaterialisedAnnual report
「In the heat supply business of the consolidated subsidiary 東京空港冷暖房㈱, sales were essentially flat at ¥1,685 million, down 1.0% year on year, partly because temperatures were low in July. Although electricity and gas usage declined accordingly, operating income was ¥475 million, down 1.9%, due in part to higher depreciation expense for boiler replacement equipment installed in the previous fiscal year.」
Higher depreciation expenses and other costs associated with boiler replacement reduced operating profit in the heat-supply business by 1.9% year on year, indicating that replacement costs continue to pressure earnings. - FY2020-Q1MaterialisedAnnual report
「In the heat supply business of the consolidated subsidiary 東京空港冷暖房㈱, sales were essentially flat at ¥751 million, down 0.5% year on year, despite somewhat low temperatures in April. Operating income was ¥229 million, down 20.5%, partly because electricity and gas charges for fuel costs remained high.」
Electricity and gas charges remained high, and operating profit in the heat-supply business declined 20.5% year on year, indicating that higher costs are putting actual pressure on earnings. - FY2019WorsenedAnnual report
「On the cost side, higher electricity and gas fuel prices increased costs, and operating profit was ¥787 million, down 23.9% year on year.」
Higher electricity and gas charges pushed up costs in the heat-supply business, widening the year-on-year decline in operating profit to 23.9%. - FY2019-Q3WorsenedAnnual report
「In the heat-supply business, heat supply in the Tokyo International Airport offshore area by the consolidated subsidiary 東京空港冷暖房㈱ remained strong amid the summer heat, and sales totaled ¥2,429 million, up 1.6% year on year. However, operating profit was ¥683 million, down 23.1% year on year, due in part to higher electricity and gas fuel expenses.」
Although heat-supply sales increased, higher electricity and gas fuel expenses reduced operating profit by 23.1% year on year, with pressure from higher costs appearing more significantly than in the previous quarter. - FY2019-Q2MaterialisedAnnual report
「In the heat-supply business, the district heating and cooling business in the Tokyo International Airport offshore area operated by the consolidated subsidiary 東京空港冷暖房㈱ remained strong amid the summer heat, and sales totaled ¥1,702 million, up 2.1% year on year. However, operating profit was ¥484 million, down 13.8% year on year, due in part to higher fuel expenses.」
Higher fuel expenses and other factors reduced operating profit in the heat-supply business by 13.8% year on year, demonstrating again that higher costs are putting pressure on earnings. - FY2019-Q1MitigatedAnnual report
「In the heat-supply business, sales in the Tokyo International Airport offshore area by the consolidated subsidiary 東京空港冷暖房㈱ totaled ¥755 million, up 1.0% year on year, partly because temperatures were relatively high in April. Despite higher electricity and gas prices and increased depreciation expenses associated with boiler replacement, operating profit was ¥289 million, up 19.5% year on year, due to lower repair expenses.」
Although higher electricity and gas prices and increased depreciation expenses associated with boiler replacement continued, operating profit increased due to lower repair expenses, offsetting the impact of higher costs on earnings during the quarter. - FY2018MaterialisedAnnual report
「Due in part to higher electricity and gas prices and increased repair expenses, operating profit was ¥1,034 million, down 9.5% year on year.」
Higher electricity and gas prices and increased repair expenses reduced operating profit in the heat-supply business by 9.5% year on year in FY2018, demonstrating that pressure on earnings had materialized. - FY2018-Q3MaterialisedAnnual report
「In the heat supply business, sales were ¥2,390 million, down 0.1% year on year, as regional heating and cooling sales in the offshore area of Tokyo International Airport by the consolidated subsidiary 東京空港冷暖房㈱ were affected by unsettled weather, among other factors. Although depreciation expense declined, operating income was ¥889 million, down 3.0%, due in part to higher electricity and gas prices and increased repair costs.」
It is explained that higher electricity and gas prices and increased repair expenses reduced operating profit in the heat-supply business by 3.0% year on year, indicating that higher costs are putting actual pressure on earnings. - FY2018-Q2MaterialisedAnnual report
「In the heat supply business, sales were ¥1,667 million, down 0.1% year on year, as regional heating and cooling sales in the offshore area of Tokyo International Airport by the consolidated subsidiary 東京空港冷暖房㈱ were affected by unsettled weather, among other factors. Operating income was ¥562 million, down 9.7%, due in part to higher electricity and gas prices and increased repair costs.」
It is explained that higher electricity and gas prices and increased repair expenses reduced operating profit in the heat-supply business by 9.7% year on year, indicating that higher costs are putting actual pressure on earnings.