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Renova (9519) · RiskMaterialised

Kiangan Hydropower Project Scale-Down and Loss on Equity Interests

First written in FY2024-Q3. 1 of 1 entries say "Materialised", first in FY2024-Q3. Latest entry: FY2024-Q3.

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Impairment risk for fixed assets and equity-method investmentsA theme 2 companies write about · 3 as a headwind · 0 as a tailwind

Renova moved to the "Worse" side of this theme in 2024.

0 other companies' latest entry also says "Materialised".

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  1. FY2024-Q3MaterialisedAnnual report

    「The project scale of the Kiangan hydropower project was reduced following a design change. Accordingly, the company recognized a full loss on the interest invested by its subsidiary.」

    For the existing overseas hydropower project, the business was actually scaled down following a design change, and a full loss was recognized on the equity investment in the subsidiary.
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Kiangan Hydropower Project Scale-Down and Loss on Equity Interests | RENOVA,Inc. (9519) | Komori