Profit decline in the solar power generation business due to large-scale periodic inspections
First written in FY2020-Q1. 3 of 7 entries say "Materialised", first in FY2020-Q1. Latest entry: FY2021.
1 other company's latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「In the solar power generation business, revenue amounted to ¥174 million, unchanged year on year, while operating profit amounted to ¥76 million, up 25.4%, because expenses including inspection costs declined.」
The impact of major periodic inspections on profit is easing due to lower expenses such as inspection costs following the inspections. - FY2021-Q3RestatedAnnual report
「In the solar power generation business, revenue amounted to ¥133 million, down 2.1% year on year, while operating profit amounted to ¥61 million, up 21.8%, because expenses including inspection costs declined.」
Operating profit in the solar power generation business increased 21.8% year on year due to lower expenses such as inspection costs, with the impact of major periodic inspections on profit continuing to ease. - FY2021-Q2MitigatedAnnual report
「In the solar power generation business, revenue amounted to ¥102 million, down 3.3% year on year, while operating profit amounted to ¥52 million, up 13.7%, because expenses including inspection costs declined.」
Operating profit in the solar power generation business increased 13.7% year on year due to lower expenses such as inspection costs, mitigating the impact of major periodic inspections on profit. - FY2021-Q1MitigatedAnnual report
「In the solar power generation business, revenue was ¥55 million, down 3.7% year on year, but operating profit was ¥28 million, up 23.0%, due to a decline in expenses such as inspection costs.」
Despite the continued cost burden associated with major periodic inspections, operating profit in the solar power generation business increased 23.0% year on year due to lower expenses such as inspection costs. - FY2020-Q3MaterialisedAnnual report
「In the solar power generation business, revenue and operating profit declined due to the effects of unfavorable weather and the implementation of a major periodic inspection. As a result, revenue from this business was ¥136 million, down 2.2% year on year, and operating profit was ¥50 million, down 10.4%.」
Operating profit in the solar power generation business declined 10.4% year on year due to the implementation of a major periodic inspection. - FY2020-Q2MaterialisedAnnual report
「In the solar power generation business, revenue was broadly in line with the previous year, but operating profit declined due to the implementation of a major periodic inspection. As a result, revenue from this business was ¥105 million, down 0.9% year on year, and operating profit was ¥46 million, down 8.5%.」
Operating profit in the solar power generation business declined 8.5% year on year due to the implementation of a major periodic inspection. - FY2020-Q1MaterialisedAnnual report
「In the solar power generation business, revenue was ¥57 million, up 3.4% year on year, but operating profit was ¥23 million, down 13.9%, due to the implementation of a major periodic inspection.」
The company states that operating profit in the solar power generation business fell 13.9% year on year due to the implementation of a major periodic inspection.