Revenue and operating profit growth in the green energy business
First written in FY2017-Q1. 12 of 33 entries say "Reframed", first in FY2019-Q1. Latest entry: FY2026.
Ef-On moved to the "Worse" side of this theme in 2024, 1 year after the typical company in this theme (2023).
The whole theme swung hardest in 2019: 2 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「For the current consolidated fiscal year, this business segment recorded net sales of ¥16,912 million, up 4.3% year on year, and segment profit of ¥722 million, down 40.5%.」
Although the Green Energy business maintained revenue growth, segment profit declined sharply due to higher maintenance, materials and labor, ash-treatment, and forestry business costs. - FY2026-H1ReframedAnnual report
「For the six months ended during the current interim consolidated accounting period, this business segment recorded revenue of ¥8,416 million, up 1.9% year on year, and segment profit of ¥431 million, down 32.6%.」
Although the Green Energy business maintained revenue growth, segment profit declined 32.6% year on year, reflecting lower profit due to maintenance and ash-treatment costs, among other factors. - FY2025ReframedAnnual report
「For the current fiscal year, the business segment reported revenue of ¥16,218 million, down 3.4% year on year, and segment profit of ¥1,214 million, up 93.5%.」
Although revenue declined, segment profit increased 93.5% due to improvements in the procurement of unused timber and lower maintenance and long-distance procurement costs, among other factors. The business has shifted from a pattern of declining revenue and profit to declining revenue but higher profit. - FY2025-H1ReframedAnnual report
「For the first six months of the current fiscal year, the business segment reported revenue of ¥8,256 million, down 3.7% year on year, and segment profit of ¥640 million, up 26.9%.」
The Green Energy business shifted to a pattern of lower revenue but higher segment profit, with revenue down 3.7% year on year while segment profit increased 26.9%. - FY2024-Q3WorsenedAnnual report
「For the first nine months of the current fiscal year, the business segment reported revenue of ¥12,616 million, down 0.8% year on year, and segment profit of ¥547 million, down 66.1%.」
Revenue in the Green Energy business declined 0.8% year on year and segment profit declined 66.1%, with the income decline seen through the previous quarter widening further. - FY2024-Q2RestatedAnnual report
「For the first six months of the current fiscal year, the business segment reported revenue of ¥8,572 million, up 2.3% year on year, and operating income of ¥504 million, down 54.0%.」
While the Green Energy business maintained higher revenue, operating income declined 54.0%, continuing the pattern of higher revenue but lower operating income caused by higher costs. - FY2024-Q1ReframedAnnual report
「For the first quarter of the current fiscal year, the business segment reported revenue of ¥4,379 million, up 5.7% year on year, and segment profit of ¥182 million, down 60.6%.」
While the Green Energy business maintained higher revenue, segment profit declined 60.6%, making the higher-revenue-but-lower-operating-income pattern caused by higher costs increasingly clear. - FY2023-Q3AdvancedAnnual report
「For the first nine months of the current fiscal year, the business segment reported revenue of ¥12,717 million, up 30.5% year on year, and segment profit of ¥1,615 million, up 18.6%.」
For the Green Energy business, the Company reports new cumulative results with revenue and segment profit above the previous year's levels, against a backdrop of increased income from operation of the Shingu power plant and lower related cost burdens. Electricity revenue reached a record high. - FY2023-Q2AdvancedAnnual report
「For the first six months of the current fiscal year, the business segment reported revenue of ¥8,381 million, up 29.5% year on year, and operating income of ¥1,096 million, up 14.8%.」
For the Green Energy business, the Company reports new cumulative results of revenue of ¥8,381 million and operating income of ¥1,096 million, up 29.5% and 14.8% year on year, respectively, against a backdrop of operation of the Shingu power plant and lower cost burdens. - FY2023-Q1ReframedAnnual report
「For the first quarter of the current fiscal year, the business segment reported revenue of ¥4,144 million, up 24.2% year on year, and operating income of ¥464 million, down 6.6%.」
While the Green Energy business generated higher revenue, operating income declined because of higher fuel, logistics, personnel and depreciation expenses, including the full-scale operation of the Shingu power plant. - FY2022WorsenedAnnual report
「For the current fiscal year, the business segment reported revenue of ¥12,950 million, up 2.4% year on year, and operating income of ¥1,716 million, down 35.7%.」
While the Green Energy business maintained higher revenue, operating income declined 35.7% because of higher fuel, logistics and personnel costs, widening the extent of the higher-revenue-but-lower-operating-income pattern. - FY2022-Q2RestatedAnnual report
「For the first six months of the current fiscal year, the business segment reported revenue of ¥6,473 million, up 1.9% year on year, and operating income of ¥955 million, down 36.3%.」
Revenue in the Green Energy business increased 1.9% year on year, while operating income declined 36.3%, continuing the pattern of higher revenue but lower operating income. - FY2022-Q1RestatedAnnual report
「For the first quarter of the current fiscal year, the business segment reported revenue of ¥3,338 million, up 2.3% year on year, and operating income of ¥497 million, down 38.7%.」
The Green Energy business continues to show higher revenue but lower operating income. - FY2021ReframedAnnual report
「For the current fiscal year, the business segment reported revenue of ¥12,642 million, up 7.7% year on year, and operating income of ¥2,670 million, down 9.9%.」
While year-round contributions from the Mibu power plant increased revenue, the business posted lower operating income because of the removal of premiums at existing power plants and higher personnel and forestry-equipment-related costs, demonstrating a pattern of higher revenue but lower operating income in the full-year results as well. - FY2021-Q3ReframedAnnual report
「For the first nine months of the current fiscal year, the business segment reported revenue of ¥9,510 million, up 9.5% year on year, and operating income of ¥2,109 million, down 10.5%.」
While the Green Energy business generated higher revenue through operation of the Mibu power plant, operating income declined because of factors including lower premium prices at existing power plants, continuing the shift in performance focus from higher revenue and operating income to higher revenue but lower operating income. - FY2021-Q2AdvancedAnnual report
「For the first six months of the current fiscal year, the business segment reported revenue of ¥6,355 million, up 22.3% year on year, and operating income of ¥1,500 million, up 11.4%.」
For the Green Energy business, the Company reports new cumulative results with both revenue and operating income above the previous year's levels, helped by the contribution from the Mibu power plant. - FY2021-Q1AdvancedAnnual report
「For the first quarter of the current fiscal year, the business segment reported revenue of ¥3,264 million, up 25.2% year on year, and operating income of ¥811 million, up 10.5%.」
For the Green Energy business, the Company reports new quarterly results with both revenue and operating income above the previous year's levels. - FY2020AdvancedAnnual report
「For the current fiscal year, the business segment reported revenue of ¥11,740 million, up 13.7% year on year, and operating income of ¥2,964 million, up 1.5%.」
For the Green Energy business, the Company reports full-year revenue and operating income both above the previous year's levels, helped by the operation of the Mibu power plant. - FY2020-Q3ReframedAnnual report
「For the first nine months of the current fiscal year, the business segment reported revenue of ¥8,688 million, up 11.2% year on year, and operating income of ¥2,358 million, up 9.7%.」
The Green Energy business has shifted from a pattern of declining income in the first and second quarters to year-on-year increases in both revenue and operating income, helped by the start-up of the Mibu power plant. - FY2020-Q2ReframedAnnual report
「For the first six months of the current fiscal year, the business segment reported revenue of ¥5,195 million, up 0.9% year on year, and operating income of ¥1,347 million, down 5.0%.」
The Green Energy business has shifted from year-on-year declines in both revenue and operating income in the first quarter to higher revenue but lower operating income for the cumulative period through the current quarter. - FY2020-Q1ReframedAnnual report
「For the first quarter of the current fiscal year, the business segment reported revenue of ¥2,607 million, down 3.9% year on year, and operating income of ¥734 million, down 10.1%.」
The Green Energy business has shifted from higher revenue but lower operating income to a situation in which both revenue and operating income are below the previous year's levels. The Company cites lower fuel prices, failure to achieve fuel-efficiency improvements and higher personnel costs incurred before operations began. - FY2019-Q3RestatedAnnual report
「For the first nine months of the current fiscal year, the business segment reported revenue of ¥7,815 million, up 7.0% year on year, and operating income of ¥2,149 million, down 12.6%.」
The Green Energy business continues to show higher revenue but lower operating income because of fuel costs, personnel expenses and unplanned outages. - FY2019-Q2RestatedAnnual report
「For the first six months of the current fiscal year, the business segment reported revenue of ¥5,149 million, up 8.5% year on year, and operating income of ¥1,418 million, down 10.5%.」
The Green Energy business continues to show higher revenue but lower operating income because of higher moisture content and increased consumption of woody chips, higher personnel expenses and unplanned outages. - FY2019-Q1ReframedAnnual report
「For the first quarter of the current fiscal year, the business segment reported revenue of ¥2,711 million, up 10.0% year on year, and operating income of ¥816 million, down 9.2%.」
While revenue in the Green Energy business increased, operating income declined because of higher moisture content and increased consumption of woody chips, shifting the performance focus from higher revenue and operating income to higher revenue but lower operating income. - FY2018AdvancedAnnual report
「For the current fiscal year, the business segment reported revenue of ¥9,736 million, up 15.2% year on year, and operating income of ¥3,175 million, up 17.0%.」
For the Green Energy business, the Company recorded full-year revenue of ¥9,736 million and operating income of ¥3,175 million, against a backdrop of full-year operations, sustained high utilization and a higher proportion of unused wood used as fuel. - FY2018-Q3AdvancedAnnual report
「For the first nine months of the current fiscal year, the business segment reported revenue of ¥7,303 million, up 18.7% year on year, and operating income of ¥2,460 million, up 26.7%.」
For the Green Energy business, the Company reports new cumulative results of revenue of ¥7,303 million and operating income of ¥2,460 million, up 18.7% and 26.7% year on year, respectively. - FY2018-Q2AdvancedAnnual report
「For the first six months of the current fiscal year, the business segment reported revenue of ¥4,745 million, up 25.7% year on year, and operating income of ¥1,583 million, up 52.8%.」
For the Green Energy business, the Company reports new cumulative results, with revenue up 25.7% and operating income up 52.8%. - FY2018-Q1AdvancedAnnual report
「For the first quarter of the current fiscal year, the business segment reported revenue of ¥2,464 million, up 52.2% year on year, and operating income of ¥899 million, up 94.3%.」
For the Green Energy business, the Company reports substantial year-on-year increases in both revenue and operating income. - FY2017-Q3AdvancedAnnual report
「For the first nine months of the current fiscal year, the business segment reported revenue of ¥6,155 million, up 77.5% year on year, and operating income of ¥1,941 million, up 78.6%.」
For the Green Energy business, the Company reports new cumulative results, with revenue up 77.5% and operating income up 78.6% year on year. - FY2017-Q2AdvancedAnnual report
「For the first six months of the current fiscal year, the business segment reported revenue of ¥3,776 million, up 73.0% year on year, and operating income of ¥1,036 million, up 60.2%.」
For the Green Energy business, the Company reports measurable performance progress, with revenue up 73.0% and operating income up 60.2% year on year. - FY2017-Q1First statedAnnual report
「The wood biomass power plant of EF-ON Bungo-Ono, which began commercial operations in August, operated smoothly and contributed to sales, while the existing EF-ON Shirakawa and EF-ON Hita power plants also maintained high utilization without problems. As a result, sales rose substantially year on year, and operating profit increased alongside the rise in sales. For the first quarter of the current consolidated cumulative period, this business segment reported sales of ¥1,619 million, up 42.6% year on year, and operating profit of ¥463 million, up 31.0%.」
The start of operations at the Bungo-Ono Power Plant and high utilization at existing plants led to the first separate disclosure of measurable revenue and operating profit growth in the Green Energy business.