Risk of increased moisture content in wood chips and higher fuel consumption due to torrential rain and typhoons
First written in FY2019-Q1. 8 of 12 entries say "Restated". Latest entry: FY2024-Q3.
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- FY2024-Q3RestatedAnnual report
「In addition to persistently high moisture content in the logs in circulation, rising procurement prices have prolonged the difficult operating environment.」
It continues to state that persistently high log moisture content and rising procurement prices have increased wood-chip consumption and fuel costs. - FY2024-Q2RestatedAnnual report
「In addition to persistently high moisture content in the logs in circulation, rising procurement prices have prolonged the difficult operating environment.」
The high moisture content of logs has persisted, continuing to increase fuel consumption and costs. - FY2023-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It concludes that there have been no material changes in the risk of increased wood-chip moisture and fuel consumption due to torrential rain and typhoons. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It concludes that there have been no material changes in the risk of increased wood-chip moisture and fuel consumption due to torrential rain and typhoons. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It concludes that there have been no material changes in the risk of increased wood-chip moisture and fuel consumption due to torrential rain and typhoons. - FY2021-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It concludes that there have been no material changes in the risk of increased wood-chip moisture and fuel consumption due to torrential rain and typhoons. The main text states that fuel consumption at the 2 power plants in Kyushu tended to be lower than in the previous year. - FY2020WorsenedAnnual report
「The moisture content of all types of fuel chips remained generally high, and difficulty in determining efficient moisture adjustment meant that we were unable to reduce fuel consumption by more than the decline in the electricity sales price resulting from increased use of recycled wood.」
It states that elevated moisture levels in fuel chips caused by torrential rain, typhoons and other factors continued throughout the fiscal year, and that efforts to reduce fuel consumption did not achieve the targeted results. - FY2020-Q3RestatedAnnual report
「During the second quarter, Typhoon No. 19 directly hit the Kanto region and areas to its north, and the moisture content of the wood chips procured by エフオン Shirakawa remained relatively high.」
It continues to describe the increase in the moisture content of エフオン Shirakawa’s wood chips due to Typhoon No. 19 as a past impact during the quarter. - FY2020-Q2MaterialisedAnnual report
「During the quarter, Typhoon No. 19 directly hit the Kanto region and areas to its north, and the moisture content of the wood chips procured by エフオン Shirakawa remained relatively high.」
It states that the moisture content of the wood chips procured by エフオン Shirakawa remained relatively high during the quarter due to the impact of Typhoon No. 19. - FY2020-Q1MaterialisedAnnual report
「Because rainfall increases from the rainy season through summer, the company had changed its procurement approach during the first quarter to focus on relatively dry recycled wood, which resulted in a decline in the unit price of electricity sold.」
The issues involving wood-chip moisture and the fuel mix arising from increased rainfall again materialized during the quarter as a decline in the unit price of electricity sold and deteriorating profitability. - FY2019-Q3RestatedAnnual report
「Meanwhile, regarding wood chips as fuel, the company sought to increase the proportion of unused wood, while record rainfall in western Japan during the first half of the period and typhoons increased moisture levels, resulting in higher consumption and contributing to higher fuel costs.」
It continues to state that increased wood-chip moisture and consumption due to torrential rain and typhoons pushed up fuel costs. - FY2019-Q1MaterialisedAnnual report
「Moisture levels in the wood chips used as fuel increased because of heavy rain and typhoons, and fuel consumption increased as a result, causing operating profit to decline.」
The Company states that heavy rain and typhoons increased the moisture content of wood chips, leading to higher consumption and an actual decline in operating profit. This is treated as an operating and earnings impact arising from fuel moisture, distinct from the existing risk of supply disruption or price spikes.