Fluctuations in Gas Demand Due to Weather and Economic Conditions
First written in FY2016. 30 of 30 entries say "Materialised", first in FY2016. Latest entry: 2026-11-05.
Hokuriku Gas moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
The whole theme swung hardest in 2019: 7 of 14 companies on the "Worse" side.
7 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Gas sales volumes totaled 416,639 thousand m³, up 2.7% year on year. Although commercial customers reduced operation of their equipment and higher winter temperatures reduced hot-water and heating demand, the acquisition of the gas business in Ojiya City increased gas sales volumes.」
Although lower operation of commercial equipment and higher winter temperatures reduced demand, the acquisition of the Ojiya City business increased total gas sales volumes by 2.7%. - FY2026-H1MaterialisedAnnual report
「Although commercial customers reduced operation of their equipment and higher summer temperatures reduced hot-water demand, gas sales volumes were broadly unchanged year on year because the company’s acquisition of the gas business in Ojiya City increased volumes.」
Lower operation of commercial equipment and higher summer temperatures reduced hot-water demand, but the acquisition of the Ojiya City business offset these effects, leaving gas sales volumes broadly unchanged year on year. - FY2025-H1MaterialisedAnnual report
「Gas sales volumes increased 0.4% year on year to 172,918 thousand m³. Although temperatures in summer remained lower than the previous year, reducing air-conditioning demand, commercial customers increased operation of their equipment.」
Although air-conditioning demand declined, city gas sales volumes increased 0.4% year on year as commercial customers increased operation of their equipment. Weather- and demand-related risks continued to be reflected in results. - FY2024-Q3MaterialisedAnnual report
「For the nine-month period ended December 2023 (April–December 2023), revenue decreased by ¥2,843 million year on year to ¥41,167 million, as temperatures remained high, particularly in early spring, reducing hot-water and heating demand, while lower operation of commercial customers’ equipment also reduced gas sales volumes.」
The decline in hot-water and heating demand caused by higher temperatures and lower operation of commercial equipment was reflected in lower gas sales volumes and a ¥2,843 million year-on-year decline in revenue. - FY2024-Q2MaterialisedAnnual report
「For the six-month period ended September 2023 (April–September 2023), revenue increased by ¥845 million year on year to ¥26,832 million. Although hot-water and heating demand declined as temperatures in early spring remained higher than the previous year and commercial customers reduced operation of their equipment, gas tariff rates remained high following the fuel cost adjustment.」
The decline in hot-water and heating demand caused by higher temperatures in early spring was reflected in results, compounded by lower operation of commercial customers’ equipment. Higher tariff rates increased revenue by ¥845 million year on year. - FY2024-Q1MaterialisedAnnual report
「For the three-month period ended June 2023 (April–June 2023), revenue increased by ¥1,054 million year on year to ¥14,621 million. Although hot-water and heating demand declined as temperatures in early spring remained higher than the previous year and commercial customers reduced operation of their equipment, gas tariff rates remained high following the fuel cost adjustment.」
Higher temperatures in early spring reduced hot-water and heating demand, and commercial customers also reduced operation of their equipment. Weather- and demand-related risks were reflected in first-quarter results. - FY2023MaterialisedAnnual report
「Gas sales volumes totaled ¥69,634 million, up 33.0% year on year. Although hot-water and air-conditioning demand declined as temperatures in early spring and winter of the previous year remained high, gas tariff rates were raised following the fuel cost adjustment.」
The decline in hot-water and air-conditioning demand caused by higher temperatures in early spring and winter was reflected in the annual results, and city gas sales volumes decreased 6.8% year on year. - FY2023-Q3MaterialisedAnnual report
「Gas sales volumes decreased 3.7% year on year to 284,833 thousand m³, as hot-water and air-conditioning demand declined because temperatures in early spring and early winter remained higher than the previous year, and commercial customers reduced operation of their equipment.」
The decline in hot-water and air-conditioning demand caused by higher temperatures in early spring and early winter was reflected in a 3.7% year-on-year decrease in gas sales volumes. - FY2023-Q2MaterialisedAnnual report
「Gas sales volumes decreased 3.2% year on year to 181,585 thousand m³, as hot-water and air-conditioning demand declined due to higher temperatures in early spring and commercial customers reduced operation of their equipment.」
The decline in hot-water and air-conditioning demand caused by higher temperatures in early spring was reflected in a 3.2% year-on-year decrease in gas sales volumes. - FY2023-Q1MaterialisedAnnual report
「Gas sales volumes decreased 1.1% year on year to 94,841 thousand m³, as temperatures in early spring remained higher than the previous year, reducing hot-water and air-conditioning demand.」
The decline in hot-water and air-conditioning demand caused by higher temperatures in early spring was reflected in a 1.1% year-on-year decrease in gas sales volumes. - FY2022-Q3MaterialisedAnnual report
「Gas sales volumes increased 0.8% year on year to 295,840 thousand m³. Although hot-water and air-conditioning demand declined due to temperatures in early spring, commercial sales volumes recovered partly from their COVID-19-related decline.」
Although the rise in early-spring temperatures continued to reduce hot-water and air-conditioning demand, total gas sales volumes increased 0.8% year on year as commercial demand partly recovered. - FY2022-Q2MaterialisedAnnual report
「Meanwhile, revenue from the city gas business, including related contract construction and appliance sales, decreased by ¥959 million year on year to ¥18,438 million, due to lower gas tariff rates following the fuel cost adjustment and lower sales volumes for hot-water and air-conditioning use resulting from temperatures in early spring.」
The decline in hot-water and air-conditioning demand caused by higher temperatures in early spring was reflected in lower city gas business revenue. - FY2022-Q1MaterialisedAnnual report
「For the three-month period ended June 2021 (April–June 2021), revenue decreased by ¥809 million year on year to ¥10,481 million. Although gas sales volumes recovered partly from the previous year’s decline, mainly in commercial demand, gas tariff rates were reduced following the fuel cost adjustment, and hot-water and air-conditioning demand declined as temperatures in early spring remained higher than the previous year.」
Higher temperatures in early spring reduced hot-water and air-conditioning demand, contributing to a ¥809 million year-on-year decline in revenue. Weather-driven demand fluctuations continued to be reflected in results. - FY2021MaterialisedAnnual report
「Gas sales volumes totaled 445,054 thousand m³, up 1.9% year on year. Although demand, particularly commercial demand, declined due to the spread of COVID-19, hot-water and air-conditioning demand increased because the company acquired the gas business in Mitsuke City and winter temperatures remained lower than in the previous fiscal year, which had been mild.」
The increase in hot-water and air-conditioning demand caused by lower winter temperatures was reflected in higher sales volumes, with weather-driven demand fluctuations continuing to show up in results. - FY2020MaterialisedAnnual report
「Gas sales volumes totaled 436,796 thousand m³, up 3.0% year on year, as increased operation by large-volume customers more than offset the decline in hot-water and heating demand caused by the mild winter.」
The mild winter reduced hot-water and heating demand, and weather-driven demand fluctuations were reflected in the year’s results. Meanwhile, total sales volumes increased as large-volume customers increased their operations. - FY2019-Q3MaterialisedAnnual report
「Gas sales volumes increased 14.6% year on year to 275,563 thousand m³. By application, residential gas sales volumes totaled 99,130 thousand m³, down 2.8% year on year, despite the acquisition of the gas business in Kashiwazaki City, as temperatures during the period remained higher than the previous year, reducing hot-water and heating demand. Commercial gas sales volumes, comprising commercial, industrial and other uses, increased 27.4% to 176,433 thousand m³, owing mainly to the start-up of operations by new large-volume customers and the acquisition of the gas business in Kashiwazaki City.」
Higher temperatures during the period reduced residential hot-water and heating demand, resulting in a 2.8% year-on-year decline in residential gas sales volumes. Weather-driven demand fluctuations were reflected in results. - FY2019-Q2MaterialisedAnnual report
「By application, residential gas sales volumes totaled 61,665 thousand m³, down 1.6% year on year. This was despite the acquisition of the gas business in Kashiwazaki City, as temperatures in early spring and summer remained higher than the previous year, reducing hot-water and heating demand.」
Higher temperatures in early spring and summer reduced residential hot-water and heating demand, resulting in a 1.6% year-on-year decline in residential gas sales volumes. - FY2018MaterialisedAnnual report
「Due mainly to increased hot-water and heating demand as temperatures in early spring, summer and winter remained lower than the previous year, sales volumes totaled 167,713 thousand m³, up 6.1% year on year.」
Lower temperatures increased residential gas sales volumes by 6.1% year on year, while commercial sales also increased 2.9%. Weather-driven demand fluctuations were reflected in the year’s higher sales volumes and revenue. - FY2018-Q3MaterialisedAnnual report
「For the nine-month period ended December 2017 (April–December 2017), revenue increased by ¥2,551 million year on year to ¥30,494 million. This was due to higher gas sales volumes resulting from temperatures remaining lower than the previous year in early spring and winter, as well as increased operation of customers’ equipment, together with higher gas tariff rates following the fuel cost adjustment.」
Lower temperatures in early spring and winter increased gas sales volumes, and revenue rose by ¥2,551 million year on year. City gas sales volumes increased 4.9%, while residential sales increased 7.5%, with weather-driven demand fluctuations continuing to be reflected in results. - FY2018-Q2MaterialisedAnnual report
「Revenue for the first six months of the current fiscal year ended 30 September 2017 was ¥18,539 million, up ¥1,064 million from the same period of the previous year, due to increased gas sales volumes resulting from lower temperatures in early spring and summer and higher operating rates at customer facilities, as well as higher gas unit prices associated with the raw material cost adjustment.」
Lower temperatures in early spring and summer increased hot-water and heating demand, and weather-driven demand fluctuations were reflected in results through higher gas sales volumes and revenue. - FY2018-Q1MaterialisedAnnual report
「Revenue for the first quarter of the current fiscal year ended 30 June 2017 was ¥9,992 million, up ¥240 million from the same period of the previous year, due mainly to increased gas sales volumes as temperatures during the period remained lower than in the previous year.」
Lower temperatures than in the previous year increased gas sales volumes, and revenue rose by ¥240 million year on year. Weather-related demand fluctuations were reflected in the Company's results for the quarter. - FY2017MaterialisedAnnual report
「Household gas sales volume was 158,061 thousand m³, down 1.1% from the previous fiscal year, due mainly to lower demand for hot water supply and heating as temperatures in early spring and summer remained higher than in the previous year.」
Lower household demand for hot water supply and heating caused by high temperatures was reflected in results, with household gas sales volume down 1.1% from the previous fiscal year. Meanwhile, commercial sales volume increased 2.7% due in part to lower winter temperatures, and total city gas sales volume increased 1.0%. - FY2017-Q3MaterialisedAnnual report
「Revenue for the first nine months of the current fiscal year ended 31 December 2016 was ¥27,979 million, down ¥3,060 million from the same period of the previous year. Although gas sales volumes were roughly in line with the previous year as temperatures during the winter remained lower than in the previous year, gas unit prices were reduced under the raw material cost adjustment system.」
Although lower winter temperatures kept gas sales volumes roughly in line with the previous year, higher temperatures in early spring reduced demand for household hot water supply and heating, affecting household sales volumes. Weather-related demand fluctuations continued to be reflected in results. - FY2017-Q2MaterialisedAnnual report
「Revenue for the first six months of the current fiscal year ended 30 September 2016 was ¥17,502 million, down ¥2,508 million from the same period of the previous year, due to lower demand for hot water supply and heating as temperatures in early spring remained higher than in the previous year, lower operating rates at customer facilities, and consequently lower gas sales volumes, as well as lower gas unit prices under the raw material cost adjustment system, despite increased demand for summer cooling.」
Gas sales volumes declined due to lower demand for hot water supply and heating caused by high temperatures in early spring and lower operating rates at customer facilities, and revenue also decreased by ¥2,508 million year on year. Weather and demand fluctuation risks were reflected in results for the cumulative period. - FY2017-Q1MaterialisedAnnual report
「Revenue for the first quarter of the current fiscal year ended 30 June 2016 was ¥9,766 million, down ¥1,466 million from the same period of the previous year, due to lower gas sales volumes as temperatures during the period remained higher than in the previous year, as well as lower gas unit prices under the raw material cost adjustment system.」
Higher temperatures than in the same period of the previous year reduced gas sales volumes. By application, household sales volume decreased 3.6% and commercial sales volume decreased 4.0%, with weather-related demand fluctuations reflected in the decline in revenue and profit for the quarter. - FY2016MaterialisedAnnual report
「Because the Group has a particularly high share of household gas sales and is highly dependent on household heating demand, its business performance may fluctuate significantly depending on weather conditions.」
The Company explained that winter temperatures were higher than in the previous year, resulting in a 4.1% decrease in household sales volume and a 3.1% decrease in commercial sales volume, indicating that weather-related demand fluctuations were reflected in its results.