Belluna (9997) · RiskMaterialised
Failure to Achieve Planned Heat Output and Impairment in the Geothermal Power Generation Business
First written in FY2024. 2 of 2 entries say "Materialised", first in FY2024. Latest entry: FY2026.
2entries
3years
0from disclosures
How it moved
Same theme, other companies
Impairment risk for real estate and fixed assets due to land prices, profitability, and deteriorating market conditionsA theme 405 companies write about · 420 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2020: 51 of 96 companies on the "Worse" side.
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 189 companies compared. The sentences above are computed from all 189.Comparing 200 of the theme's 420 threads.Full recordFilings, disclosures and news, newest first
- FY2026MaterialisedAnnual report
「In the current consolidated fiscal year, based on the review of each grouping described above, the recoverable amount of operating assets was measured using value in use, and impairment losses were recognized because future cash flows were expected to be negative.」
An impairment loss of ¥333 million in construction in progress was recognized in the property business, including the geothermal power generation business, following the failure to achieve planned heat output in the previous fiscal year. - FY2024MaterialisedAnnual report
「In the geothermal power generation business operated by 合同会社最上ジオエナジー, a consolidated subsidiary, we recognized an impairment loss because the planned heat output could not be secured and the outlook for the business could not be established.」
The geothermal power generation business failed to secure planned heat output, making its outlook uncertain, and an impairment loss including ¥3,380 million in construction in progress was recognized.