Decline in LNG Sales Volume
First written in FY2017-Q3. 3 of 7 entries say "Mitigated", first in FY2018. Latest entry: FY2023.
The whole theme swung hardest in 2022: 2 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「Total gas revenue increased 51.3% to ¥112,853 million, driven by higher city gas sales volume and higher selling prices under the raw-material cost adjustment system and other factors.」
Total gas revenue increased substantially due to higher city gas and LNG sales volumes and higher selling prices. - FY2022AdvancedAnnual report
「Total gas revenue increased 22.3% to ¥74,605 million, driven by higher sales volumes of both city gas and LNG, as well as higher selling prices under the raw-material cost adjustment system and other factors.」
As in the previous fiscal year, higher LNG sales volume, together with higher city gas sales volume, contributed to increased total gas revenue. - FY2021MitigatedAnnual report
「Total gas revenue fell 10.7% to ¥61,009 million. Sales volumes of both city gas and LNG increased, but this was more than offset by lower selling prices under the raw-material cost adjustment system and other factors.」
Although lower revenue from LNG sales was cited in the previous fiscal year, sales volumes of both city gas and LNG increased this fiscal year. - FY2020WorsenedAnnual report
「Total gas revenue fell 0.2% to ¥68,348 million. Although the city gas business posted higher revenue due to increased sales volume, this was offset by lower revenue from LNG sales.」
Although city gas sales volume increased, total gas revenue declined due to lower revenue from LNG sales. - FY2019MitigatedAnnual report
「In addition, higher LNG sales volume resulting from the operation of new customer facilities and higher selling prices under the raw-material cost adjustment system helped lift total gas revenue 14.4% to ¥68,506 million, while segment profit increased 27.1% to ¥4,383 million.」
Higher LNG sales volume resulting from the operation of new customer facilities contributed to higher revenue and profit in the gas business. - FY2018MitigatedAnnual report
「In addition, higher LNG sales volume from acquiring new customers and higher selling prices under the raw-material cost adjustment system helped lift total gas revenue 10.4% to ¥59,907 million.」
The previous reference to lower LNG sales volume changed this fiscal year to higher LNG sales volume due to new customer acquisitions. - FY2017-Q3First statedAnnual report
「Meanwhile, revenue fell 20.5% to ¥35,328 million, due mainly to the impact of the raw-material cost adjustment system and lower LNG sales volume.」
Lower LNG sales volume was cited for the first time as a factor behind lower gas revenue.