Surging Resource and Electricity Market Prices Following Russia's Invasion of Ukraine
First written in FY2022. 4 of 7 entries say "Materialised", first in FY2022. Latest entry: FY2024-Q3.
Renova moved to the "Worse" side of this theme in 2022, 2 years before the typical company in this theme (2024).
The whole theme swung hardest in 2025: 45 of 80 companies on the "Worse" side.
9 other companies' latest entry also says "Materialised".
- FY2024-Q3MaterialisedAnnual report
「Although prices have recently shown some signs of stabilizing, earnings during the cumulative third quarter of the current consolidated fiscal year were affected by an increase in the biomass power generation business's fuel cost-to-sales ratio year on year.」
Although prices have shown some signs of stabilizing, the impact on earnings emerged during the current quarter through the higher biomass fuel cost ratio. - FY2024-Q2MaterialisedAnnual report
「Since Russia's invasion of Ukraine, resource prices and wholesale electricity prices have surged. Although the price increases have recently shown some signs of stabilizing, earnings for the six-month period ended September 2022 were affected by an increase in the fuel cost-to-sales ratio in the biomass power generation business compared with the previous year.」
The impact of surging commodity and electricity market prices emerged in earnings during the cumulative second quarter of the current consolidated fiscal year through a higher fuel cost ratio in the biomass power generation business. - FY2024-Q1MitigatedAnnual report
「Although commodity prices and electricity market prices surged following Russia's invasion of Ukraine, prices have recently shown some signs of stabilizing, and the impact on our group during the cumulative first quarter of the current consolidated fiscal year is limited.」
Although commodity and electricity market prices remain elevated, they have recently shown signs of stabilizing, and the impact during the current quarter was limited. - FY2023MaterialisedAnnual report
「During the current consolidated fiscal year, profitability was affected by higher fuel costs in the biomass power generation business.」
The impact of surging commodity and electricity market prices emerged during the current fiscal year through higher biomass fuel costs and its effect on profitability. - FY2023-Q3Clarification of direct impactAnnual report
「Although Russia has invaded Ukraine since February 2022, we have no business operations in Ukraine or Russia and therefore have not been directly affected. Although commodity prices and electricity market prices have surged, the impact on our group during the cumulative first three quarters of the current consolidated fiscal year is limited.」
It was expressly stated that the company has no business operations in Ukraine or Russia and therefore has not been directly affected, and that the impact of surging commodity and electricity market prices during the cumulative first three quarters of the current consolidated fiscal year was limited. - FY2023-Q1RestatedAnnual report
「Although commodity prices and electricity market prices have surged, the impact on our group during the cumulative first quarter of the current consolidated fiscal year is limited.」
Although the surge in commodity and electricity market prices following Russia's invasion of Ukraine has continued, it was reconfirmed that the impact during the first quarter was limited. - FY2022MaterialisedAnnual report
「Although commodity prices and electricity market prices have surged following Russia's invasion of Ukraine, the impact on our group during the current consolidated fiscal year is limited.」
It states that although commodity and electricity market prices surged following Russia's invasion of Ukraine, the impact on our group during the current fiscal year was limited.