Risk of fluctuations in demand for heat supply, water supply and drainage services due to weather conditions
First written in FY2016. 10 of 14 entries say "Materialised", first in FY2018-Q2. Latest entry: 2026-07-30.
No other company in this theme has enough history to compare yet.
- 2026-07-30MaterialisedEarnings
「In the airport infrastructure business, net sales were ¥1,735 million, down 1.3% year on year, and segment income was ¥233 million, down 23.4%, due mainly to a decline in the supply volume of chilled water and other factors in the thermal energy supply business, as well as a slight decrease in water usage in the water supply operations business.」
Declines in chilled water supply volumes and water usage were reflected in the results and affected net sales and segment income in the airport infrastructure business. - FY2024MaterialisedAnnual report
「In the heat supply business, sales were ¥3,461 million, up 1.4% year on year, as sales volumes of cooling services increased from the previous year due to an exceptionally hot summer and other factors.」
The weather condition of an exceptionally hot summer actually occurred, affecting the heat supply business through higher cooling-service sales volumes. - FY2024-Q2MaterialisedAnnual report
「In the heat supply business, sales were ¥1,839 million, up 3.9% year on year, as sales volumes of cooling and heating services increased from the previous year due to an exceptionally hot summer and other factors.」
The weather condition of an exceptionally hot summer actually occurred, affecting the heat supply business through higher sales volumes of cooling and heating services. - FY2022RestatedAnnual report
「The heat supply business and water and wastewater operations tend to be affected by seasonal factors, such as rising temperatures, including their operating and financial conditions. Cool summers and mild winters lead to lower demand for cooling, heating, and water and sewerage services, causing sales to fall below the initial forecast, while exceptionally hot summers and severe winters can also result in sales exceeding expectations.」
The Company continues to explicitly identify the risk of fluctuations in heat supply and water and wastewater demand due to temperature and seasonal factors. - FY2022-Q2MaterialisedAnnual report
「In the heat supply business of the consolidated subsidiary 東京空港冷暖房㈱, sales were ¥1,482 million, down 14.0% year on year, and operating income was ¥351 million, down 38.8%. Average summer temperatures were slightly lower than in the previous year, resulting in a slight decline in sales, and sales were also reduced by heat-charge exemptions granted to airlines and others.」
Average summer temperatures were lower than in the previous year, and demand fluctuations due to weather conditions materialized in the form of a slight decline in heat supply sales. - FY2021-Q3MitigatedAnnual report
「On the cost side, fuel costs for electricity and gas and repair costs declined, resulting in operating income of ¥955 million, up 27.0% year on year.」
In the heat supply business, electricity and gas fuel costs and repair costs declined, and operating income increased 27.0% year on year, easing the pressure on earnings from rising costs during the quarter. - FY2021-Q1MaterialisedAnnual 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. This was despite lower demand resulting from the impact of COVID-19 and lower outdoor temperatures, although some customers began operating new facilities.」
The Company explains that lower outdoor temperatures caused a decline in heat supply demand during the quarter as well. - 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.」
Low temperatures in July contributed to a 1.0% year-on-year decline in heat supply sales, demonstrating that demand fluctuations due to seasonal and weather conditions have materialized. - 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.」
The seasonal factor of somewhat low temperatures in April occurred, and heat supply sales were essentially flat, down 0.5% year on year. - FY2019MaterialisedAnnual report
「In the heat supply business of the consolidated subsidiary 東京空港冷暖房㈱, sales were essentially flat at ¥3,242 million, up 1.0% year on year, as the summer was exceptionally hot but the winter was mild.」
The seasonal factors of an exceptionally hot summer and mild winter actually occurred, and heat supply sales were essentially flat. - FY2018RestatedAnnual report
「The heat supply business and water and wastewater operations tend to be affected by seasonal factors during the year, including their operating and financial conditions. Cool summers and mild winters lead to lower demand for cooling, heating, and water and sewerage services, causing sales to fall below the initial forecast, while exceptionally hot summers and severe winters can also result in sales exceeding expectations.」
The Company continues to explicitly identify the risk of fluctuations in heat supply and water and wastewater demand and earnings due to seasonal and weather conditions. - 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.」
Unsettled weather affected regional heating and cooling sales, resulting in a year-on-year decline in revenue, demonstrating that the risk of demand fluctuations due to weather conditions has materialized. - 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.」
Unsettled weather affected regional heating and cooling sales, resulting in a year-on-year decline in revenue, demonstrating that the risk of demand fluctuations due to weather conditions has materialized. - FY2016First statedAnnual report
「The heat supply business and water and wastewater operations tend to be affected by seasonal factors during the year, including their operating and financial conditions. Cool summers and mild winters lead to lower demand for cooling, heating, and water and sewerage services, causing sales to fall below the initial forecast, while exceptionally hot summers and severe winters can also result in sales exceeding expectations.」
The Company explains that both cool summers and mild winters, as well as exceptionally hot summers and severe winters, can cause earnings to fluctuate.