Komori
Toho Gas (9533) · RiskAnnual Guarantee Amount Update

Non-recovery of overseas gas field development investments

First written in FY2016. 3 of 33 entries say "Restated". Latest entry: FY2026.

33entries
11years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseOtherFY2018-Q1 – FY2020-Q3OtherFY2022-Q1 – FY20262016: 320162017: 420172018: 320182019: 420192020: 420202021: 420212022: 420222023: 320232024: 220242025: 120252026: 12026
Same theme, other companies
Impairment and Bad Debt Risk from Investments in and Loans to AffiliatesA theme 44 companies write about · 43 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2022: 11 of 19 companies on the "Worse" side.

5 other companies' latest entry also says "Other".

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 44 companies compared. The sentences above are computed from all 44.
Full recordFilings, disclosures and news, newest first
  1. FY2026Annual Guarantee Amount UpdateAnnual report

    「Ichthys LNG Pty Ltd ¥816 million ¥806 million MEET Europe Natural Gas, Lda. ¥3,888 million ¥4,402 million TSTエナジー インベストメント株式会社 ¥309 million ¥341 million Total ¥5,014 million ¥5,550 million」

    Guarantees related to overseas investments totaled ¥5,550 million at the end of the fiscal year, up from ¥5,014 million at the end of the previous fiscal year.
  2. FY2026-H1Interim update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥816 million ¥812 million MEET Europe Natural Gas, Lda. ¥3,888 million ¥4,188 million TSTエナジー インベストメント株式会社 ¥309 million ¥323 million Total ¥5,014 million ¥5,324 million」

    Guarantees related to overseas investments totaled ¥5,324 million at the end of the interim period, comprising ¥812 million for Ichthys LNG Pty Ltd, ¥4,188 million for MEET Europe Natural Gas, Lda. and ¥323 million for TSTエナジーインベストメント株式会社.
  3. FY2025-H1Interim update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥794 million ¥749 million MEET Europe Natural Gas, Lda. ¥3,918 million ¥3,828 million TSTエナジー インベストメント株式会社 ¥291 million ¥309 million Total ¥5,005 million ¥4,887 million Mitsubishi Corporation ¥7,060 million ¥6,108 million Kellogg Brown & Root LLC. ¥52 million ¥23 million Maxis Advisors LLC ¥12 million ¥42 million T.K. LNG Shipping Pte. Ltd. ¥26,484 million ¥24,983 million Total ¥33,609 million ¥31,159 million」

    Guarantees related to overseas investments totaled ¥4,887 million at the end of the interim period. Guarantees for the performance of other contracts totaled ¥31,159 million, including ¥24,983 million for T.K. LNG Shipping Pte. Ltd.
  4. FY2024-Q3Third-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥644 million ¥744 million MEET Europe Natural Gas,Lda. ¥3,497 million ¥3,770 million TSTエナジー インベストメント株式会社 ¥273 million ¥289 million Total ¥4,416 million ¥4,804 million Mitsubishi Corporation ¥8,085 million ¥7,087 million DIAMOND LNG CANADA LTD. ¥31 million — T.K. LNG Shipping Pte. Ltd. — ¥24,808 million Total ¥8,116 million ¥31,896 million」

    Guarantees related to overseas investments increased from ¥4,416 million at the end of the previous fiscal year to ¥4,804 million. Guarantees for the performance of other contracts totaled ¥31,896 million, including the additional ¥24,808 million guarantee for T.K. LNG Shipping Pte. Ltd.
  5. FY2024-Q2Second-quarter update to guarantee amountsAnnual report

    「Mitsubishi Corporation ¥8,116 million ¥7,883 million DIAMOND LNG CANADA LTD. ¥31 million ¥35 million T.K. LNG Shipping Pte. Ltd. — ¥29,890 million Total ¥8,116 million ¥37,810 million」

    A new guarantee of ¥29,890 million for T.K. LNG Shipping Pte. Ltd. was reported under guarantees for the performance of other contracts, increasing the total from ¥8,116 million at the end of the previous fiscal year to ¥37,810 million. Guarantees related to overseas investments also increased to ¥4,800 million in total.
  6. FY2024-Q1First-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥644 million ¥700 million MEET Europe Natural Gas, Lda. ¥3,497 million ¥3,781 million TSTエナジー インベストメント株式会社 ¥273 million ¥284 million Total ¥4,416 million ¥4,766 million Mitsubishi Corporation ¥8,085 million ¥8,070 million DIAMOND LNG CANADA LTD. ¥31 million ¥35 million Total ¥8,116 million ¥8,106 million」

    Guarantees related to overseas investments totaled ¥4,766 million at the end of the first quarter. Guarantees for the performance of other contracts totaled ¥8,106 million.
  7. FY2023-Q3Third-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥642 million ¥640 million MEET Europe Natural Gas,Lda. ¥3,282 million ¥3,394 million TSTエナジー インベストメント株式会社 — ¥267 million Total ¥3,925 million ¥4,303 million」

    Guarantees related to overseas investments comprised ¥640 million for Ichthys LNG Pty Ltd, ¥3,394 million for MEET Europe Natural Gas,Lda. and ¥267 million for TSTエナジーインベストメント株式会社, for a total of ¥4,303 million.
  8. FY2023-Q2Second-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥642 million ¥760 million MEET Europe Natural Gas, Lda. ¥3,282 million ¥3,415 million TSTエナジー インベストメント株式会社 — ¥271 million Total ¥3,925 million ¥4,447 million」

    Guarantees related to overseas investments comprised ¥760 million for Ichthys LNG Pty Ltd and ¥3,415 million for MEET Europe Natural Gas, Lda. A new guarantee of ¥271 million for TSTエナジーインベストメント株式会社 was reported, bringing the total to ¥4,447 million.
  9. FY2023-Q1First-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥642 million ¥717 million MEET Europe Natural Gas, Lda. ¥3,282 million ¥3,423 million Total ¥3,925 million ¥4,141 million」

    Guarantees related to overseas investments totaled ¥4,141 million at the end of the first quarter, comprising ¥717 million for Ichthys LNG Pty Ltd and ¥3,423 million for MEET Europe Natural Gas, Lda.
  10. FY2022Annual Guarantee Amount UpdateAnnual report

    「Mitsubishi Corporation　—　¥7,096 million　DIAMOND LNG CANADA LTD.　—　¥31 million　Total　—　¥7,128 million」

    Guarantees for the performance of other contracts totaled ¥7,128 million, comprising ¥7,096 million for Mitsubishi Corporation and ¥31 million for DIAMOND LNG CANADA LTD.
  11. FY2022-Q3Third-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥698 million ¥603 million MEET Europe Natural Gas,Lda. ¥3,114 million ¥3,132 million Total ¥3,813 million ¥3,736 million (4) Guarantees for the performance of other contracts were as follows. Mitsubishi Corporation — ¥6,750 million DIAMOND LNG CANADA LTD. — ¥29 million Total — ¥6,779 million」

    Guarantees related to overseas investments totaled ¥3,736 million. In addition, guarantees for the performance of other contracts were newly reported for Mitsubishi Corporation at ¥6,750 million and DIAMOND LNG CANADA LTD. at ¥29 million, for a total of ¥6,779 million.
  12. FY2022-Q2Second-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥698 million ¥706 million MEET Europe Natural Gas, Lda. ¥3,114 million ¥3,117 million Total ¥3,813 million ¥3,824 million」

    Guarantees related to overseas investments totaled ¥3,824 million at the end of the second quarter, comprising ¥706 million for Ichthys LNG Pty Ltd and ¥3,117 million for MEET Europe Natural Gas, Lda.
  13. FY2022-Q1First-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥698 million ¥698 million MEET Europe Natural Gas, Lda. ¥3,114 million ¥3,159 million ¥3,813 million ¥3,857 million」

    Guarantees related to overseas investments totaled ¥3,857 million at the end of the first quarter, comprising ¥698 million for Ichthys LNG Pty Ltd and ¥3,159 million for MEET Europe Natural Gas, Lda.
  14. FY2021MaterialisedAnnual report

    「For property, plant and equipment and other assets related to the development and investment business involving natural gas and other resources in Australia, the business value was reassessed in light of the impact of falling crude oil prices and other factors. The carrying amounts were reduced to their recoverable amounts, and the reductions were recognized as impairment losses under extraordinary losses.」

    Impairment losses were recognized on overseas natural gas development and investments following a reassessment in light of falling crude oil prices and other factors, turning the risk of unrecovered investments resulting from changes in the investment environment into an actual loss.
  15. FY2021-Q3Third-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥686 million ¥653 million MEET Europe Natural Gas,Lda. ¥2,871 million ¥3,047 million Total ¥3,558 million ¥3,701 million」

    Guarantees related to overseas investments totaled ¥3,701 million at the end of the third quarter, comprising ¥653 million for Ichthys LNG Pty Ltd and ¥3,047 million for MEET Europe Natural Gas,Lda.
  16. FY2021-Q2Second-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥686 million ¥667 million MEET Europe Natural Gas, Lda. ¥2,871 million ¥2,979 million Total ¥3,558 million ¥3,647 million」

    Guarantees related to overseas investments totaled ¥3,647 million at the end of the second quarter, comprising ¥667 million for Ichthys LNG Pty Ltd and ¥2,979 million for MEET Europe Natural Gas, Lda.
  17. FY2021-Q1First-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥686 million ¥680 million MEET Europe Natural Gas, Lda. ¥2,871 million ¥2,905 million ¥3,558 million ¥3,585 million」

    Guarantees related to overseas investments totaled ¥3,585 million at the end of the first quarter, comprising ¥680 million for Ichthys LNG Pty Ltd and ¥2,905 million for MEET Europe Natural Gas, Lda.
  18. FY2020RaisedAnnual report

    「Depending on changes in market conditions, such as falling crude oil prices, and economic trends, domestic and overseas investments may not be properly recovered due to declines in future profitability or other factors, potentially affecting the performance of the Group. Overseas investments may also be affected by delays or disruptions in operations and increased costs resulting from changes in laws, regulations and business practices in the countries where the businesses operate.」

    The scope was expanded from the previous description, which focused on overseas investments, to domestic and overseas investments generally. Meanwhile, guarantees related to overseas investments declined to ¥3,558 million at fiscal year-end.
  19. FY2020-Q3Third-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥6,676 million ¥691 million MEET Europe Natural Gas,Lda. ¥2,989 million ¥2,940 million Total ¥9,666 million ¥3,631 million」

    Guarantees related to overseas investments totaled ¥3,631 million at the end of the third quarter, comprising ¥691 million for Ichthys LNG Pty Ltd and ¥2,940 million for MEET Europe Natural Gas,Lda.
  20. FY2020-Q2Second-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥6,676 million ¥6,166 million MEET Europe Natural Gas, Lda. ¥2,989 million ¥2,832 million Total ¥9,666 million ¥8,999 million」

    Guarantees related to overseas investments totaled ¥8,999 million at the end of the second quarter, comprising ¥6,166 million for Ichthys LNG Pty Ltd and ¥2,832 million for MEET Europe Natural Gas, Lda.
  21. FY2020-Q1First-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥6,676 million ¥6,154 million MEET Europe Natural Gas, Lda. ¥2,989 million ¥2,939 million ¥9,666 million ¥9,093 million」

    Guarantees related to overseas investments totaled ¥9,093 million at the end of the first quarter, comprising ¥6,154 million for Ichthys LNG Pty Ltd and ¥2,939 million for MEET Europe Natural Gas, Lda.
  22. FY2019Annual Guarantee Amount UpdateAnnual report

    「Ichthys LNG Pty Ltd　¥6,676 million　MEET Europe Natural Gas, Lda.　¥2,989 million　Total　¥9,666 million」

    Guarantees related to overseas investments totaled ¥9,666 million at the end of the fiscal year, comprising ¥6,676 million for Ichthys LNG Pty Ltd and ¥2,989 million for MEET Europe Natural Gas, Lda.
  23. FY2019-Q3Third-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd　¥7,141 million　¥6,670 million　MEET Europe Natural Gas,Lda.　¥3,133 million　¥3,045 million　Total　¥10,275 million　¥9,715 million」

    Guarantees related to overseas investments totaled ¥9,715 million at the end of the third quarter, comprising ¥6,670 million for Ichthys LNG Pty Ltd and ¥3,045 million for MEET Europe Natural Gas,Lda.
  24. FY2019-Q2Second-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥7,141 million ¥7,632 million MEET Europe Natural Gas, Lda. ¥3,133 million ¥3,171 million Total ¥10,275 million ¥10,804 million」

    Guarantees related to overseas investments totaled ¥10,804 million at the end of the second quarter, comprising ¥7,632 million for Ichthys LNG Pty Ltd and ¥3,171 million for MEET Europe Natural Gas, Lda.
  25. FY2019-Q1First-quarter update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥7,141 million ¥7,428 million MEET Europe Natural Gas, Lda. ¥3,133 million ¥3,069 million ¥10,275 million ¥10,497 million」

    Guarantees related to overseas investments totaled ¥10,497 million at the end of the first quarter, comprising ¥7,428 million for Ichthys LNG Pty Ltd and ¥3,069 million for MEET Europe Natural Gas, Lda.
  26. FY2018-Q3Quarterly update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥7,541 million ¥7,596 million MEET Europe Natural Gas,Lda. ¥2,874 million ¥3,238 million Total ¥10,415 million ¥10,835 million」

    Guarantees related to overseas investments totaled ¥10,835 million at the end of the third quarter, comprising ¥7,596 million for Ichthys LNG Pty Ltd and ¥3,238 million for MEET Europe Natural Gas,Lda.
  27. FY2018-Q2Quarterly update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥7,541 million ¥7,577 million MEET Europe Natural Gas, Lda. ¥2,874 million ¥3,187 million Total ¥10,415 million ¥10,764 million」

    Guarantees related to overseas investments totaled ¥10,764 million at the end of the second quarter, comprising ¥7,577 million for Ichthys LNG Pty Ltd and ¥3,187 million for MEET Europe Natural Gas, Lda.
  28. FY2018-Q1Quarterly update to guarantee amountsAnnual report

    「Ichthys LNG Pty Ltd ¥7,541 million ¥7,532 million MEET Europe Natural Gas, Lda. ¥2,874 million ¥3,070 million ¥10,415 million ¥10,603 million」

    Guarantees related to overseas investments totaled ¥10,603 million at the end of the first quarter, comprising ¥7,532 million for Ichthys LNG Pty Ltd and ¥3,070 million for MEET Europe Natural Gas, Lda.
  29. FY2017RaisedAnnual report

    「Depending on changes in economic conditions and other factors, some or all overseas investments may not be appropriately recovered, which could affect earnings and financial results. Changes in laws, regulations and business practices in the countries where the Group operates could also cause delays or disruptions in operations and increase costs.」

    The scope expanded from the previous risk of failing to recover investments in overseas gas field development to cover overseas investments generally, as well as operational risks arising from laws, regulations and business practices in each country.
  30. FY2017-Q3RestatedAnnual report

    「There were no material changes in the risks relating to the Group's business and other matters during the nine months ended the third quarter.」

    No significant changes were identified in the risk of failing to recover investments in overseas gas field development.
  31. FY2017-Q2RestatedAnnual report

    「There were no material changes in the risks relating to the Group's business and other matters during the six months ended the second quarter.」

    No significant changes were identified in the risk of failing to recover investments in overseas gas field development.
  32. FY2017-Q1RestatedAnnual report

    「There were no material changes in the risks relating to the Group's business and other matters during the nine months ended the first quarter.」

    No significant changes were identified in the risk of failing to recover investments in overseas gas field development. The amount of guarantees provided for the debt of Ichthys LNG Pty Ltd is stated as ¥6,954 million.
  33. FY2016First statedAnnual report

    「Depending on changes in economic conditions and other factors, some or all investments related to overseas gas field development projects may not be appropriately recovered, which could affect earnings and financial results.」

    While holding an affiliate related to Ichthys in Australia, the Group discloses the risk of failing to recover investments in overseas gas field development.
Moved together

"Achieving a “Strong Gas Business” and “Further Growth”" moved the same way as this thread, in the same document, in 2 of its 33 moves.

2222★1234
  1. ★This thread
  2. 1Achieving a “Strong Gas Business” and “Further Growth”2×
  3. 2Expansion into new business areas through electricity retailing and smart towns2×
  4. 3Development and Expansion of a Stable Natural Gas Supply Framework2×
  5. 4Violations of Laws and Regulations, Terms and Conditions, and Corporate Ethics2×

★ 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
Toho 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.
Non-recovery of overseas gas field development investments | TOHO GAS CO.,LTD. (9533) | Komori