Komori
Hokuriku Gas (9537) · InitiativeAdvanced

Joint Participation in the Transfer of Myoko City's Gas Business and Comprehensive Outsourcing of Water Supply and Sewerage Services

First written in FY2021. 2 of 5 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2023.

5entries
3years
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021RestatedFY2023-Q2 – FY2023-Q32021: 120212022: 220222023: 22023
Same theme, other companies
Participation in the joint operation of Myoko City's gas, water supply and sewerage businessesA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2023AdvancedAnnual report

    「妙高グリーンエナジー株式会社, an equity-method affiliate, acquired Myoko City's gas business and received the comprehensive outsourcing contract for its water and sewerage businesses, commencing operations in April 2022.」

    Following the commencement of operations in April 2022, the gas business and comprehensive water and sewerage outsourcing contract from Myoko City have been incorporated into the business as operations of an equity-method affiliate.
  2. FY2023-Q3RestatedAnnual report

    「From the first-quarter consolidated accounting period, 妙高グリーンエナジー株式会社, previously an equity-method non-affiliate, was included in the scope of equity-method application because its materiality had increased.」

    The company continues to account for 妙高グリーンエナジー株式会社 as an equity-method investee.
  3. FY2023-Q2RestatedAnnual report

    「From the first-quarter consolidated accounting period, 妙高グリーンエナジー株式会社, previously an equity-method non-affiliate, was included in the scope of equity-method application because its materiality had increased.」

    The company continues to account for 妙高グリーンエナジー株式会社 as an equity-method investee. For the cumulative second quarter, it recorded equity in earnings of ¥89.727 million.
  4. FY2023-Q1AdvancedAnnual report

    「From the first-quarter consolidated accounting period, 妙高グリーンエナジー株式会社, previously an equity-method non-affiliate, was included in the scope of equity-method application because its materiality had increased.」

    Following its establishment in connection with participation in Myoko City's business, 妙高グリーンエナジー株式会社 was moved from a company not accounted for under the equity method to an equity-method investee as its materiality increased. Equity in earnings of ¥102.665 million was also included in ordinary profit.
  5. FY2021First statedAnnual report

    「A consortium formed by the company, JFE Engineering Corporation and INPEX CORPORATION was selected by Myoko City as the preferred negotiating party for the transfer of the gas business and the comprehensive private-sector outsourcing of the water and sewerage businesses. The consortium and Myoko City signed a basic agreement. The parties will proceed with detailed discussions with Myoko City toward establishing a new company in August 2021 and commencing operations in April 2022.」

    The consortium of 3 companies became the preferred negotiating party for the transfer of Myoko City's gas business and the comprehensive water and sewerage outsourcing contract, and plans to establish a new company in August 2021 and commence operations in April 2022.
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Hokuriku Gas's next results are scheduled for 2026-11-05. Read the earnings preview
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