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Hokkaido Gas (9534) · FactDropped

Boost to Ordinary Profit from Gain on Reversal of Provision for Repairs

First written in FY2020-Q2. 3 of 6 entries say "Restated". Latest entry: FY2021.

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ProgressHeldSoftenedWorseRestatedFY2020-Q2 – FY20212019: 120192020: 420202021: 12021
Same theme, other companies
Extraordinary income from reversal of provision for repairsA theme 4 companies write about · 0 as a headwind · 3 as a tailwind

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Full recordFilings, disclosures and news, newest first
  1. FY2021DroppedAnnual report

    「Reversal gain on repair provision 316,518 -」

    The ¥316,518 thousand reversal gain on a repair provision recorded in the previous year was not recorded in the current fiscal year.
  2. FY2021-Q2RestatedAnnual report

    「Ordinary income fell 18.0% to ¥954 million due to the absence of the ¥316 million reversal gain on a repair provision at a consolidated subsidiary recorded in the second quarter of the previous fiscal year, as well as the recording of valuation losses on securities, among other factors,」

    The absence of the ¥316 million reversal gain on a repair provision recorded in the same period of the previous year continued to be described as a factor contributing to the decrease in ordinary income for the current quarter.
  3. FY2021-Q1DroppedAnnual report

    「Ordinary income fell 13.6% to ¥2,169 million due to the decrease in net sales, the absence of the ¥147 million reversal gain on a repair provision at a consolidated subsidiary recorded in the first quarter of the previous fiscal year, and the recording of valuation losses on securities, among other factors,」

    The ¥147 million reversal gain on a repair provision recorded in the same period of the previous year was not recorded in the current quarter, and its absence was described as a factor contributing to the decrease in ordinary income.
  4. FY2020RestatedAnnual report

    「Although expenses related to the relocation to the new head office increased, ordinary income rose 23.0% to ¥5,194 million, mainly due to higher profits from equipment sales and the recording of a ¥316 million reversal gain on a repair provision at a consolidated subsidiary.」

    The recording of a ¥316 million reversal gain on a repair provision was described as a factor contributing to the increase in ordinary income for the full fiscal year.
  5. FY2020-Q3RestatedAnnual report

    「Although expenses related to the relocation to the new head office increased, ordinary income rose 310.3% to ¥721 million, mainly due to higher profits from equipment sales and the heat supply business, as well as the recording of a ¥316 million reversal gain on a repair provision at a consolidated subsidiary.」

    The recording of a ¥316 million reversal gain on a repair provision continued to be described as a factor contributing to the increase in ordinary income.
  6. FY2020-Q2First statedAnnual report

    「In addition, ordinary income increased 61.9% year on year to ¥1,163 million, despite an increase in costs related to the relocation to the new headquarters, among other factors, due to the recognition of a ¥316 million reversal gain on the provision for repairs at a consolidated subsidiary.」

    A reversal gain of ¥316 million on a repair provision at a consolidated subsidiary was recorded and described as a factor contributing to the increase in ordinary income.
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Hokkaido Gas's next results are scheduled for 2026-10-29. Read the earnings preview
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Boost to Ordinary Profit from Gain on Reversal of Provision for Repairs | HOKKAIDO GAS CO.,LTD. (9534) | Komori