Komori
Osaka Gas (9532) · RiskMaterialised

Risk of failing to recover growth investments

First written in FY2020. 8 of 14 entries say "Restated". Latest entry: FY2026.

14entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020 – FY2022-Q2MaterialisedFY2022 – FY2023RestatedFY2024-Q1 – FY2026-H12020: 220202021: 320212022: 220222023: 420232024: 120242025: 120252026: 12026
Same theme, other companies
Impairment Risk Arising from Divergence Between Business Investment Decisions and Investment ResultsA theme 76 companies write about · 77 as a headwind · 0 as a tailwind

Osaka Gas moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.

The whole theme swung hardest in 2019: 10 of 27 companies on the "Worse" side.

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

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 76 companies compared. The sentences above are computed from all 76.
Full recordFilings, disclosures and news, newest first
  1. FY2026MaterialisedAnnual report

    「In the consolidated fiscal year under review, we recorded impairment losses of ¥23,396 million, mainly on operating assets related to the Australian upstream business and thermal power generation.」

    The risk of failing to recover growth investments crystallised as ¥23.396 billion in impairment losses on the Australian upstream business and thermal power generation assets.
  2. 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 material changes regarding the risk of failing to recover growth investments.
  3. 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.」

    The company has determined that there have been no new occurrences or material changes regarding the risk of failing to recover growth investments.
  4. 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.」

    The company has determined that there have been no new occurrences or material changes regarding the risk of failing to recover growth investments.
  5. FY2024-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.」

    The company has determined that there have been no new occurrences or material changes regarding the risk of failing to recover growth investments.
  6. FY2023MaterialisedAnnual report

    「As we decided to withdraw from the business in light of the uncertainty surrounding the undeveloped project, we reduced its carrying amount to the recoverable amount and recorded the resulting impairment loss as an extraordinary loss.」

    Following the withdrawal from the undeveloped Australian upstream project, the risk of failing to recover growth investments crystallised as a ¥3.82 billion impairment loss.
  7. FY2023-Q3MaterialisedAnnual report

    「In the overseas energy segment, we recorded an impairment loss of ¥3,719 million in the Australian upstream business as an extraordinary loss during the cumulative third-quarter consolidated period.」

    A ¥3.719 billion impairment loss was incurred on the Australian upstream business, crystallising the risk of failing to recover growth investments.
  8. FY2023-Q2MaterialisedAnnual report

    「Recorded a ¥3.5 billion impairment loss on the Australian upstream business as an extraordinary loss.」

    Regarding the risk of failing to recover growth investments, a ¥3.5 billion impairment loss was incurred on the Australian upstream business, crystallising the decline in investment value.
  9. FY2022MaterialisedAnnual report

    「The company recorded an impairment loss of ¥5,295 million because the recoverable amount fell below the carrying amount.」

    An impairment loss arose on overseas energy-related investments due to uncertainty surrounding undeveloped projects and other factors, crystallising the risk of failing to recover growth investments.
  10. 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.」

    The company has determined that there have been no new occurrences or material changes regarding the risk of failing to recover growth investments.
  11. 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.」

    The company has determined that there have been no new occurrences or material changes regarding the risk of failing to recover growth investments.
  12. 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.」

    The company has determined that there have been no new occurrences or material changes regarding the risk of failing to recover growth investments.
  13. 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.」

    The company has determined that there have been no new occurrences or material changes regarding the risk of failing to recover growth investments.
  14. FY2020First statedAnnual report

    「The group makes various growth investments based on evaluations of projects by its Investment Evaluation Committee and comprehensive management decisions. However, if investments cannot be appropriately recovered due to changes in economic conditions in Japan or overseas, the group's operating results and financial position may be affected.」

    The risk that growth investments cannot be appropriately recovered due to changes in economic conditions and other factors has been disclosed as an independent item.
Moved together

"Delays and Cancellations of Overseas Projects and Deterioration in Profitability" moved the same way as this thread, in the same document, in 5 of its 14 moves.

554444★123456
  1. ★This thread
  2. 1Delays and Cancellations of Overseas Projects and Deterioration in Profitability5×
  3. 2Impairment losses in the upstream business due to falling crude oil prices and other factors5×
  4. 3Fluctuations in raw material and fuel costs due to crude oil prices, foreign exchange rates and other factors4×
  5. 4Procurement Disruptions Involving Raw Materials and Fuel and Uncertainty in the LNG Procurement Environment4×
  6. 5Impact of changes in air and water temperatures on energy demand4×
  7. 6Guarantees of indebtedness and guarantee-like transactions for non-consolidated companies4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Osaka Gas's next results are scheduled for 2026-10-29. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.