Expansion of Solar Power Generation Business and Acquisition of Solar Power Plants
First written in FY2020-Q3. 3 of 11 entries say "Advanced", first in FY2020. Latest entry: FY2026.
2 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The principal items were the acquisition of rental apartments in the real estate business for ¥181 million and the acquisition of solar power generation facilities through repairs for ¥51 million.」
The company disclosed ¥51 million of acquisition through repairs following heavy-snowfall damage at the solar power plant as capital expenditure. - 2026-05-14OtherEarnings
「In the real estate business, although some damage occurred at a solar power generation facility due to heavy snowfall, revenue was ¥244 million, up 11.9% year on year, and operating income was ¥93 million, up 54.3%, partly because recovery from theft damage in the fiscal year before last was completed.」
The company records both recovery from theft damage and partial damage caused by heavy snowfall, with the real estate business reporting higher revenue and profit. - FY2026-H1Recovery from theft damage coincided with damage from heavy snowfallAnnual report
「In the real estate business, some damage occurred at a solar power plant due to heavy snowfall, although recovery from theft damage sustained two fiscal years earlier also took place」
In the solar power generation business, recovery from past theft damage progressed, while some damage was caused by heavy snowfall. - FY2025-H1Power generation halted due to cable theft at solar power plantAnnual report
「The halt in power generation caused by cable theft at a solar power plant late last year continued until late May」
At the solar power plant acquired and brought into operation, cable theft caused a halt in power generation, affecting real estate business earnings in the current interim period. - FY2023-Q2RestatedAnnual report
「In the real estate business, increased power generation and lower depreciation expenses at the solar power plant」
For the solar power plant in operation since its acquisition, increased power generation and lower depreciation expenses are contributing to higher revenue and profit in the real estate business. - FY2023-Q1Increased solar power generation contributed to earningsAnnual report
「Increased power generation and lower depreciation expenses at the solar power plant」
For the solar power plant in operation since its acquisition, increased power generation was cited as a factor driving higher revenue and profit in the real estate business. - FY2021RestatedAnnual report
「The real estate business recorded higher revenue due in part to the operation of solar power generation facilities acquired in the previous fourth quarter」
The acquired solar power generation facilities continue to operate and are contributing to higher revenue in the real estate business. - FY2021-Q3RestatedAnnual report
「In the Real Estate business, the operation of the solar power generation facilities acquired in the fourth quarter of the previous fiscal year and other factors resulted in higher revenue, with net sales of ¥169 million, up 62.5% year on year, and operating profit of ¥44 million, up 6.4%.」
Continued operation of the acquired solar power generation facilities is contributing to higher revenue in the real estate business. - FY2021-Q1AdvancedAnnual report
「The real estate business recorded higher revenue due in part to the operation of solar power generation facilities acquired in the previous fourth quarter」
The plan to acquire solar power generation facilities disclosed in the previous third quarter progressed, and operation of the acquired facilities was confirmed as a factor driving higher revenue in the real estate business. - FY2020AdvancedAnnual report
「Capital expenditure for the current consolidated fiscal year amounted to ¥1,085 million. The principal items were the acquisition of solar power generation facilities in the real estate business for ¥555 million and the acquisition of rental apartments for ¥412 million.」
The plan to acquire a solar power plant progressed, and the acquisition of solar power generation facilities for ¥555 million was confirmed as part of full-year capital expenditure. - FY2020-Q3First statedAnnual report
「At a meeting of its Board of Directors held on 22 January 2020, 株式会社共栄システムズ resolved to acquire the fixed asset described below, a solar power plant. 株式会社共栄システムズ operates a solar power generation business that contributes to a clean environment and is expected to generate stable income. The company decided to acquire the solar power plant to further expand the business. The plant is already selling electricity. Generating capacity (kW) 1,750.00 kW Acquisition price ¥550 million Board resolution date 22 January 2020 Contract date 10 February 2020 Scheduled property delivery date 14 February 2020」
The company disclosed for the first time a plan to acquire an operating solar power plant to contribute to a clean environment, generate stable income and further expand the business. The plant has a generating capacity of 1,750 kW and an acquisition price of ¥550 million; the contract has been signed and delivery is scheduled.