Solar Power Plant Securitization Projects and Renewable Energy-Related Investments
First written in FY2018-Q1. 14 of 38 entries say "Advanced", first in FY2018. Latest entry: FY2027-H1.
The whole theme swung hardest in 2019: 2 of 11 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「The renewable energy-related investment business recorded revenue of ¥700 million from asset-securitisation sales of grid-scale battery storage facilities operated through joint ventures and other activities, compared with no revenue recorded in the same period of the previous year, and operating profit of ¥627 million, compared with an operating loss of ¥61 million in the same period of the previous year.」
For renewable energy-related investments, which had focused primarily on solar power plants, revenue from the securitization of grid-scale battery storage facilities was recognized. Revenue was ¥700 million and operating profit was ¥627 million, representing a return to profitability from an operating loss in the same period of the previous year. - FY2026AdvancedAnnual report
「In the renewable energy-related investment business, revenue from the liquidation projects for battery storage facilities, which we are actively developing through joint ventures, and distributions of electricity sales revenue from solar power plants were recorded. As a result, net sales were ¥331 million, compared with ¥19 million in the previous fiscal year, and operating income was ¥108 million, compared with an operating loss of ¥135 million in the previous fiscal year.」
In addition to the previous focus on solar power plants, it was stated that the company is actively developing securitization projects for battery storage facilities. Revenue of ¥331 million and operating profit of ¥108 million were recognized, representing a return to profitability from an operating loss in the previous fiscal year. - FY2026-H1Expansion into new grid-scale battery storage development projects; no revenue recognitionAnnual report
「The renewable energy-related investment business focused on selling solar power plants through joint ventures and procuring new battery storage development projects, but did not record revenue during the current interim consolidated accounting period, as in the same period of the previous year, and recorded an operating loss of ¥61 million, unchanged from the same period of the previous year.」
It is stated that, in addition to efforts to sell solar power plants, the company is acquiring new grid-scale battery storage development projects, indicating that the scope of its renewable energy-related investments is expanding. Meanwhile, no revenue was recognized during the interim period, resulting in an operating loss of ¥61 million. - FY2025Decline in renewable energy revenue and conversion to a lossAnnual report
「The renewable energy-related investment business recorded revenue of ¥19 million, down 88.7% year on year, and an operating loss of ¥135 million, compared with operating profit of ¥129 million in the previous fiscal year, as a result of recording distributions of electricity sales revenue related to jointly operated solar power plants and other items.」
Although distributions of electricity sales revenue related to solar power plants and similar items were recognized, the renewable energy investment business experienced a significant decline in revenue and turned to an operating loss. - FY2025-H1Renewable energy revenue not recorded; moved into the redAnnual report
「The renewable energy-related investment business focused on selling solar power plants through joint ventures and procuring new projects, but did not record revenue during the current interim consolidated accounting period (revenue was ¥157 million in the same period of the previous year), and recorded an operating loss of ¥61 million (compared with operating profit of ¥132 million in the same period of the previous year).」
Although efforts to sell solar power plants and acquire new projects continued, no revenue was recognized for the interim period, resulting in an operating loss of ¥61 million. Actual earnings from renewable energy-related investments declined from the same period of the previous year. - FY2025-Q1No revenue recognition; acquisition activities continuedAnnual report
「The renewable energy-related investment business focused on selling solar power plants through joint ventures and procuring new projects, but did not record revenue during the cumulative first quarter of the current consolidated fiscal year (revenue was ¥21 million in the same period of the previous year), and recorded an operating loss of ¥18 million (compared with operating profit of ¥8 million in the same period of the previous year).」
Although efforts to sell solar power plants and acquire new projects continued, no revenue was recognized during the quarter, resulting in an operating loss of ¥18 million. Actual earnings from renewable energy-related investments declined from the same period of the previous year. - FY2024Decline in earnings resultsAnnual report
「In the renewable energy investment business, revenue was ¥175 million, down 84.6% from the previous fiscal year, and operating profit was ¥129 million, down 77.0%, as a result of settling a joint venture related to a solar power plant, among other transactions.」
Settlement of the joint venture related to the solar power plant and similar transactions continued, but revenue declined significantly from ¥1,135 million in the previous fiscal year to ¥175 million, and operating profit declined from ¥564 million to ¥129 million. - FY2024-Q3Decline in earnings resultsAnnual report
「In the renewable energy investment business, revenue was ¥157 million, down 86.1% year on year, and operating profit was ¥184 million, down 82.3%, as a result of recording dividends related to the company's interest in a joint venture for a solar power plant.」
Although dividends related to the company's interest in a joint venture for a solar power plant were recognized, revenue was ¥157 million and operating profit was ¥184 million, representing significant year-on-year declines in both revenue and profit. Actual earnings from renewable energy-related investments declined. - FY2024-Q2Decline in earnings resultsAnnual report
「In the renewable energy investment business, revenue was ¥157 million, down 85.1% year on year, and operating profit was ¥132 million, down 86.9%, as a result of recording dividends related to the company's interest in a joint venture for a solar power plant.」
Although dividends related to the company's interest in a joint venture for a solar power plant were recognized, revenue was ¥157 million and operating profit was ¥132 million, representing significant year-on-year declines in both revenue and profit. Actual earnings from renewable energy-related investments declined. - FY2024-Q1Decline in earnings resultsAnnual report
「In the renewable energy investment business, revenue was ¥21 million, down 98.0% year on year, and operating profit was ¥8 million, down 99.1%, as a result of recording dividends related to the company's interest in a joint venture for a solar power plant.」
Although dividends related to the company's interest in a joint venture for a solar power plant were recognized, revenue was ¥21 million and operating profit was ¥8 million, representing significant year-on-year declines in both revenue and profit. Actual earnings from renewable energy-related investments declined. - FY2023Decline in earnings resultsAnnual report
「In the renewable energy investment business, revenue was ¥1,135 million, down 42.6% year on year, and operating profit was ¥564 million, down 69.8%, as a result of settling a joint venture related to the construction of solar power plants and recognizing an inventory write-down for projects experiencing delays in some aspects of their progress.」
Revenue recognition through the settlement of the joint venture related to the construction of solar power plants continued, but revenue declined 42.6% from the previous fiscal year and operating profit declined 69.8%. The business remained profitable, but actual earnings declined significantly from the previous fiscal year. - FY2023-Q3Decline in earnings resultsAnnual report
「In the renewable energy investment business, revenue was ¥1,135 million, down 41.2% year on year, and operating profit was ¥1,045 million, down 43.5%, as a result of settling a joint venture related to the construction of solar power plants.」
Revenue from the settlement of the joint venture for the construction of a solar power plant continued to be recorded, but net sales and operating profit declined year on year. - FY2023-Q2Decline in earnings resultsAnnual report
「In the renewable energy-related investment business, settlement of the joint venture for the construction of a solar power plant resulted in net sales of ¥1,061 million, down 45.0% year on year, and operating profit of ¥1,005 million, down 46.3%.」
Monetization through the settlement of the joint venture related to the construction of solar power plants continued, but both revenue and operating profit declined from the same period of the previous year. - FY2023-Q1Decline in earnings resultsAnnual report
「In the renewable energy-related investment business, settlement of the joint venture for the construction of a solar power plant resulted in net sales of ¥1,061 million, down 45.0% year on year, and operating profit of ¥1,035 million, down 45.6%.」
Monetization through the settlement of the joint venture related to the construction of solar power plants continued, but both revenue and operating profit declined from the same period of the previous year. - FY2022AdvancedAnnual report
「In the renewable energy investment business, revenue was ¥1,979 million, up 252.9% from the previous fiscal year, and operating profit was ¥1,872 million, compared with an operating loss of ¥2,474 million in the previous fiscal year, as a result of settling a joint venture related to the construction of solar power plants.」
The joint venture related to the construction of solar power plants was settled, and revenue of ¥1,979 million and operating profit of ¥1,872 million were recognized in the renewable energy investment business. The business returned to profitability from an operating loss in the previous fiscal year, demonstrating full-year earnings. - FY2022-Q3RestatedAnnual report
「In the renewable energy-related investment business, settlement of the joint venture for the construction of a solar power plant resulted in net sales of ¥1,930 million, compared with no sales recorded in the same period of the previous year, and operating profit of ¥1,850 million, compared with an operating loss of ¥99 million in the same period of the previous year.」
Revenue recognition from the settlement of a joint venture related to the construction of solar power plants continued, with revenue of ¥1,930 million and operating profit of ¥1,850 million recognized. Monetization of the same settlement project as in the previous quarter has been confirmed. - FY2022-Q2AdvancedAnnual report
「In the renewable energy-related investment business, settlement of the joint venture for the construction of a solar power plant resulted in net sales of ¥1,930 million, compared with no sales recorded in the same period of the previous year, and operating profit of ¥1,872 million, compared with an operating loss of ¥66 million in the same period of the previous year.」
A joint venture related to the construction of solar power plants was settled, and revenue of ¥1,930 million and operating profit of ¥1,872 million were recognized in the renewable energy investment business. Compared with the absence of revenue recognition and the operating loss in the same period of the previous year, settlement of the business projects and monetization have progressed. - FY2022-Q1AdvancedAnnual report
「In the renewable energy-related investment business, settlement of the joint venture for the construction of a solar power plant resulted in net sales of ¥1,930 million, compared with no sales recorded in the same period of the previous year, and operating profit of ¥1,904 million, compared with an operating loss of ¥34 million in the same period of the previous year.」
A joint venture related to the construction of solar power plants was settled, and revenue of ¥1,930 million and operating profit of ¥1,904 million were recognized in the renewable energy-related securitization and investment business. Compared with the absence of revenue recognition and the operating loss in the same period of the previous year, settlement of the business projects and monetization have progressed. - FY2021Conversion to a loss due to an inventory write-downAnnual report
「In the renewable energy-related investment business, although revenue from securitization projects undertaken with joint venture partners was recorded, the Group discussed with its audit firm projects in which consultations with government authorities and other parties involved in the businesses had taken substantially longer than expected due to the spread of COVID-19 and other factors. As a result of recording an inventory valuation loss, net sales were ¥561 million, down 50.4% from the previous fiscal year, and the operating loss was ¥2,474 million, compared with operating profit of ¥989 million in the previous fiscal year.」
Solar power plant and similar securitization projects continue, but prolonged discussions and an inventory write-down caused operating profit to turn into an operating loss of ¥2,474 million. - FY2021-Q3Decline in earnings resultsAnnual report
「In the renewable energy-related investment business, no business projects were delivered or otherwise completed during the nine-month consolidated cumulative period of the current fiscal year, resulting in an operating loss of ¥99 million, compared with operating profit of ¥1,035 million in the same period of the previous year.」
Solar power plant and other renewable energy-related securitization projects continue, but there were no deliveries or similar transactions during the cumulative period of the current quarter, resulting in an operating loss of ¥99 million. Actual earnings declined significantly from operating profit of ¥1,035 million in the same period of the previous year. - FY2021-Q2Decline in earnings resultsAnnual report
「In the renewable energy investment business, the operating loss was ¥66 million, compared with operating profit of ¥474 million in the same period of the previous year, as no business projects were delivered during the first 6 months of the current consolidated fiscal year.」
Renewable energy-related securitization projects continue, but there were no deliveries during the quarter, resulting in an operating loss of ¥66 million. Actual earnings declined significantly from operating profit of ¥474 million in the same period of the previous year. - FY2021-Q1RestatedAnnual report
「Because the Group's normal operating model is to recognize revenue upon delivery, no revenue was recognized in the renewable energy investment business during the first quarter of the current consolidated fiscal year because there were no projects to deliver.」
Renewable energy-related securitization projects continue, but no revenue was recognized during the quarter because there were no deliveries. This reflects performance fluctuations attributable to delivery timing, and no business withdrawal or plan cancellation has been disclosed. - FY2020AdvancedAnnual report
「In the renewable energy-related investment business, revenue from the securitization projects for solar power plants and other assets undertaken with joint venture partners was recorded, resulting in net sales of ¥1,131 million, down 2.4% from the previous fiscal year, and operating profit of ¥989 million, up 0.7%.」
Full-year revenue was recognized from solar power plant and similar securitization projects. Management's analysis also states that 2 projects were delivered in this business. - FY2020-Q3Decline in earnings resultsAnnual report
「In the renewable energy-related investment business, revenue from renewable energy-related securitization projects undertaken with joint venture partners was recorded, resulting in net sales of ¥1,131 million, down 2.4% year on year, and operating profit of ¥1,035 million, down 2.1%.」
Revenue continued to be recognized from renewable energy-related securitization projects, but both revenue and operating profit declined year on year. - FY2020-Q2Decline in earnings resultsAnnual report
「In the renewable energy-related investment business, revenue from renewable energy-related securitization projects undertaken with joint venture partners was recorded, resulting in net sales of ¥540 million, down 42.7% year on year, and an operating profit of ¥474 million, down 45.9%.」
Revenue continued to be recognized from renewable energy-related securitization projects, including solar and biomass power plants, but both revenue and operating profit declined year on year. - FY2020-Q1RestatedAnnual report
「In the renewable energy investment business, the operating loss was ¥31 million, compared with operating profit of ¥879 million in the same period of the previous year, as no business projects were delivered during the first quarter of the current consolidated fiscal year.」
The renewable energy investment business recorded an operating loss because there were no deliveries during the quarter, but there is no indication that the business itself was withdrawn; it continues within the range of performance fluctuations attributable to delivery timing. - FY2019RestatedAnnual report
「In the renewable energy investment business, revenue was ¥1,158 million, down 49.6% year on year, and operating profit was ¥982 million, up 1.3%, as a result of recording revenue from securitization projects involving solar power plants and similar assets undertaken with joint venture partners, among other items.」
Full-year revenue of ¥1,158 million and operating profit of ¥982 million were recognized from solar power plant and similar securitization projects. Although revenue declined from the previous year, operating profit increased, and the projects continued to generate business revenue. - FY2019-Q3AdvancedAnnual report
「In the renewable energy-related investment business, revenue from the securitization projects for solar power plants and other assets undertaken with joint venture partners was recorded, resulting in net sales of ¥1,158 million, down 49.6% year on year, and operating profit of ¥1,058 million, up 9.1%.」
Revenue of ¥1,158 million and operating profit of ¥1,058 million were recognized from solar power plant and similar securitization projects. This continues to indicate that the projects have progressed from descriptions of business opportunities to a stage accompanied by actual revenue and profit. - FY2019-Q2AdvancedAnnual report
「In the renewable energy-related investment business, revenue from the securitization projects for solar power plants and other assets undertaken with joint venture partners was recorded, resulting in net sales of ¥943 million, down 58.9% year on year, and operating profit of ¥876 million, down 9.6%.」
Revenue of ¥943 million and operating profit of ¥876 million were recognized from solar power plant and similar securitization projects as part of the renewable energy investment business. This indicates that the projects have progressed from descriptions of business opportunities to a stage accompanied by actual revenue and profit. - FY2019-Q1AdvancedAnnual report
「In the renewable energy investment business, revenue of ¥913 million and operating profit of ¥879 million were recognized as a result of recording revenue from securitization projects involving solar power plants and similar assets undertaken with joint venture partners, among other items.」
Revenue of ¥913 million and operating profit of ¥879 million were recognized from solar power plant and similar securitization projects as part of the renewable energy investment business. Compared with the descriptions of business opportunities through the previous quarter, this indicates that the business has reached a stage accompanied by actual revenue and profit for the quarter. - FY2018AdvancedAnnual report
「Revenue related to renewable energy 2,297,128」
Revenue of ¥2,297 million related to renewable energy was recognized from solar power plant securitization projects and similar projects. The business has progressed from descriptions of business opportunities through the previous quarter to a stage accompanied by actual revenue. - FY2018-Q3RestatedAnnual report
「With regard to the Group's new investments related to renewable energy, including its solar power plant securitisation projects, the formation of energy funds and similar vehicles has been active against a backdrop of low interest rates and the Government's economic policies, creating a significant business opportunity by making use of the favourable financing environment.」
It is stated that the company continues to undertake renewable energy-related investments, including solar power plant securitization projects. No new quantitative results or project completion have been indicated. - FY2018-Q2RestatedAnnual report
「With regard to the Group's new investments related to renewable energy, including its solar power plant securitisation projects, the formation of energy funds and similar vehicles has been active against a backdrop of low interest rates and the Government's economic policies, creating a significant business opportunity by making use of the favourable financing environment.」
Solar power plant securitization projects and similar projects continue to be described as opportunities for renewable energy-related investment. No new quantitative results or project completion have been indicated. - FY2018-Q1First statedAnnual report
「With regard to the Group's new investments related to renewable energy, including its solar power plant securitisation projects, the formation of energy funds and similar vehicles has been active against a backdrop of low interest rates and the Government's economic policies, creating a significant business opportunity by making use of the favourable financing environment.」
It is stated for the first time in specific terms that the company has newly undertaken investments related to renewable energy, including solar power plant securitization projects. Total assets increased by ¥357 million from the end of the previous consolidated fiscal year, primarily due to an increase in contributions to joint ventures and other investments related to these projects.