Procurement Disruptions Involving Raw Materials and Fuel and Uncertainty in the LNG Procurement Environment
First written in FY2017. 13 of 24 entries say "Restated". Latest entry: 2026-07-30.
Osaka Gas moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 4 of 8 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- 2026-07-30RestatedEarnings presentation
「In preparation for the possibility that energy procurement may become more difficult globally, the company will identify risks related to the Daigas Group's businesses, assess their impact and deepen its consideration of countermeasures.」
Although no significant immediate impact on LNG procurement or city gas and electricity supplies is expected, the possibility that a prolonged situation could make global energy procurement difficult remains under ongoing consideration. - FY2026WorsenedAnnual report
「Risks, including uncertainty in the LNG procurement environment, have increased further due to instability in the supply-demand balance for energy resources and sharp price fluctuations.」
The disclosure states that uncertainty in the LNG procurement environment increased further against a backdrop of instability in energy resource supply and demand and price fluctuations. - 2026-05-08WorsenedEarnings presentation
「In preparation for the possibility that energy procurement may become more difficult globally, the company will deepen its identification of risks, assessment of their impact and consideration of countermeasures.」
Against the backdrop of instability in the Middle East, the company explicitly identified uncertainty in the energy procurement environment as a future risk and is strengthening its consideration of countermeasures. - FY2026-H1RestatedAnnual report
「No new business or other risks arose during the six months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
We have reconfirmed that there have been no new developments or significant changes in disruptions in feedstock and fuel procurement or uncertainty in the LNG procurement environment. - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the six months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
We have determined that there have been no new developments or significant changes in disruptions in feedstock and fuel procurement or uncertainty in the LNG procurement environment. - FY2024-Q3MitigatedAnnual report
「Due mainly to the reversal of the increase in costs associated with LNG procurement and other activities following the suspension of operations at the liquefaction facility of the Freeport LNG project in the previous fiscal year」
The reversal of the increase in LNG procurement costs resulting from the suspension of operations at the Freeport LNG facility in the previous fiscal year contributed to higher profit in the current quarter, reducing the cost impact of the disruption. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
We have determined that there have been no new developments or significant changes in disruptions in feedstock and fuel procurement or uncertainty in the LNG procurement environment. - FY2024-Q1MitigatedAnnual report
「Ordinary income increased by ¥69.2 billion from the same quarter of the previous year to ¥82.6 billion, due mainly to the positive impact of the time lag before changes in raw material prices and other factors in the domestic energy business were reflected in selling prices (*) and the reversal of higher costs associated with LNG procurement and other factors following the shutdown of the liquefaction facility at the Freeport LNG project in the previous fiscal year.」
The reversal of the increase in LNG procurement costs in the previous fiscal year resulting from the suspension of operations at the Freeport LNG facility reduced the impact on profit in the current quarter. Meanwhile, the impact of the suspension through February this year remained in the overseas energy business. - FY2023MitigatedAnnual report
「The project resumed operations at the facility in February 2023.」
The Freeport LNG facility resumed operations in February 2023. However, the disclosure does not state that the impact had been fully eliminated, as costs for alternative procurement during the suspension and restoration costs had been incurred. - FY2023-Q3MaterialisedAnnual report
「Costs related to restoring equipment and other facilities at the project have been incurred, and we have recognized those costs in proportion to our equity interest. We will continue working with the project toward the resumption of operations.」
In addition to alternative procurement resulting from the suspension of operations at the Freeport LNG facility, restoration costs were actually incurred, and the costs were recognized in proportion to our equity interest. - FY2023-Q2MaterialisedAnnual report
「Costs related to restoring equipment and other facilities at the project have been incurred, and we have recognized those costs in proportion to our equity interest.」
In addition to alternative LNG procurement resulting from the fire and suspension of operations at the Freeport LNG facility, restoration costs were actually incurred, and the costs were recognized in proportion to our equity interest. - FY2023-Q1WorsenedAnnual report
「In June this year, a fire occurred at the liquefaction facility of the Freeport LNG project, an investee of our group and one of our LNG procurement sources, and operations at the facility have been suspended. This has in fact disrupted the LNG procurement originally anticipated, and we are taking measures including securing alternative supplies. In addition, losses, including costs related to restoring the project's equipment and other facilities, have been incurred, and we may recognize a loss in proportion to our equity interest.」
The fire and suspension of operations at the Freeport LNG facility in fact disrupted the anticipated LNG procurement, and the possibility of alternative procurement, contract modifications and losses including restoration costs was explicitly disclosed. - FY2022MaterialisedAnnual report
「A fire occurred at the liquefaction facility of the Freeport LNG project, an investee of our group, and operations at the facility have been suspended. In addition to the impact on our group's LNG procurement, this may result in the cancellation or modification of related contracts, among other consequences.」
Following the fire and suspension of operations at the Freeport LNG liquefaction facility in June 2022 after the filing was submitted, the company disclosed that it was investigating the impact on LNG procurement and contracts. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
We have determined that there have been no new developments or significant changes in disruptions in feedstock and fuel procurement or uncertainty in the LNG procurement environment. - FY2022-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
We have determined that there have been no new developments or significant changes in disruptions in feedstock and fuel procurement or uncertainty in the LNG procurement environment. - FY2021WorsenedAnnual report
「Risks, including uncertainty in the LNG procurement environment arising from crude oil prices and global LNG supply and demand, are also increasing.」
The disclosure explicitly identifies the increased uncertainty in the procurement environment arising from crude oil prices and global LNG supply and demand as a change in the business environment. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
We have determined that there have been no new developments or significant changes in disruptions in feedstock and fuel procurement or uncertainty in the LNG procurement environment. - FY2021-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
We have determined that there have been no new developments or significant changes in disruptions in feedstock and fuel procurement or uncertainty in the LNG procurement environment. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period ended the second quarter. There have also been no material changes in the business and other risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no new developments or significant changes in disruptions in feedstock and fuel procurement or uncertainty in the LNG procurement environment. - FY2020-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no newly arising business or other risks. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
We have determined that there have been no new developments or significant changes in disruptions in feedstock and fuel procurement or uncertainty in the LNG procurement environment. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, no new Business and Other Risks arose. There were also no material changes to the Business and Other Risks described in the Annual Securities Report for the previous fiscal year.」
We have determined that there have been no new developments or significant changes in disruptions in feedstock and fuel procurement or uncertainty in the LNG procurement environment. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the nine-month period ended the third quarter. There have also been no material changes in the business and other risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no new developments or significant changes in disruptions in feedstock and fuel procurement or uncertainty in the LNG procurement environment. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period ended the second quarter. There have also been no material changes in the business and other risks described in the annual securities report for the previous fiscal year.」
We have determined that there have been no new developments or significant changes in disruptions in feedstock and fuel procurement or uncertainty in the LNG procurement environment. - FY2017First statedAnnual report
「Risks, including uncertainty in the LNG procurement environment arising from crude oil prices and global LNG supply and demand, are also increasing.」
The disclosure identifies uncertainty in the procurement environment arising from crude oil prices and global LNG supply and demand, as well as equipment and operational disruptions at procurement sources for LNG and other feedstocks and fuels, as risk items.