Hokkaido Gas (9534) · FactMitigated
Decrease in gas business profit due to scheduled inspections of manufacturing equipment
First written in FY2020-Q2. 1 of 3 entries say "Worsened", first in FY2020-Q3. Latest entry: FY2020.
3entries
2years
0from disclosures
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Earnings decline caused by periodic inspections of gas production facilitiesA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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- FY2020MitigatedAnnual report
「Segment profit fell 12.1% to ¥3,853 million due to periodic inspections of manufacturing facilities and increased expenses related to the relocation to the new head office, among other factors.」
The downward pressure on gas business profit from periodic inspections of manufacturing facilities and other factors also occurred for the full fiscal year, but was less pronounced than the quarterly decline in profit in the previous fiscal year. - FY2020-Q3WorsenedAnnual report
「Segment profit decreased 73.9% year on year to ¥179 million, mainly due to higher raw-material unit prices, periodic inspections of production facilities and higher costs related to the relocation to a new head office.」
Periodic inspections of manufacturing facilities, together with higher raw material unit prices and other factors, continued to contribute to the 73.9% year-on-year decrease in gas segment profit. - FY2020-Q2First statedAnnual report
「Segment profit decreased 64.6% year on year to ¥411 million, mainly due to higher raw-material unit prices and periodic inspections of production facilities.」
Periodic inspections of manufacturing facilities were described for the first time as a factor contributing to the decrease in gas segment profit.