The Kansai Electric Power Company (9503) · InitiativeAdvanced
Cancellation of the Wakayama Power Plant Construction Plan and Recognition of Loss on Cancellation of Power Plant Construction
First written in FY2024-Q3. 1 of 2 entries say "Dropped", first in FY2024-Q3. Latest entry: FY2024.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Fixed-asset impairment following cancellation of a thermal power station construction planA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2024AdvancedAnnual report
「Following the decision to cancel the Wakayama Power Station construction plan, we recognized an impairment loss of ¥126,495 million on fixed assets as a loss on cancellation of power station construction.」
The decision to cancel the construction plan in December 2023 was reflected in the full-year financial statements, and an impairment loss of ¥126,495 million was recognized. - FY2024-Q3DroppedAnnual report
「Following the decision on 19 December 2023 to cancel the Wakayama Power Station construction plan, we recognized an impairment loss of ¥122,691 million on fixed assets as a loss on cancellation of power station construction.」
The decision to cancel the Wakayama Power Station construction plan was made on 19 December 2023. The plan had a maximum output of 3,700 MW, and an impairment loss of ¥122,691 million on fixed assets was recognized as an extraordinary loss.