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West Holdings (1407) · RiskRestated

Risk of Delays to, or Changes in, Electricity System Reform

First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2021.

5entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2017-Q1RestatedFY2017 – FY20212016: 12017: 220172018: 120182019: 020192020: 020202021: 12021
Same theme, other companies
Business impact of electricity system reforms and changes in energy policyA theme 18 companies write about · 17 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2024: 5 of 7 companies on the "Worse" side.

6 other companies' latest entry also says "Restated".

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 18 companies compared. The sentences above are computed from all 18.
Full recordFilings, disclosures and news, newest first
  1. FY2021RestatedAnnual report

    「これらの改革時期の遅れや方針の変更等により、業績に影響を与える可能性があります。」

    電力システム改革の時期遅延・方針変更による業績影響リスクを継続して開示している。
  2. FY2018RestatedAnnual report

    「Our group's electricity business is subject to the policy for electricity system reform, including (1) expansion of wide-area grid operation, (2) full liberalization of retailing and generation, and (3) further ensuring the neutrality of the transmission and distribution business through legal separation. Delays to these reforms or changes in policy could affect operating results.」

    電力システム改革の時期遅延・方針変更による業績影響リスクを継続して開示している。
  3. FY2017RestatedAnnual report

    「Our group's electricity business is subject to the policy for electricity system reform, including (1) expansion of wide-area grid operation, (2) full liberalization of retailing and generation, and (3) further ensuring the neutrality of the transmission and distribution business through legal separation. Delays to these reforms or changes in policy could affect operating results.」

    電力システム改革の時期遅延・方針変更が業績に影響する可能性を引き続き記載している。
  4. FY2017-Q1MaterialisedAnnual report

    「回避可能費用の算定方法の見直しがあり、4月1日以降は回避可能費用単価の算出方法を原則、市場価格連動に移行させるなどの制度変更に対する体制整備に時間を要したことにより、受注活動の開始が遅れました。」

    回避可能費用単価の算出方法の市場価格連動への移行など制度変更への対応に時間を要し、電力事業の受注活動開始が遅延した。
  5. FY2016First statedAnnual report

    「Our group's electricity business is subject to the policy for electricity system reform, including (1) expansion of wide-area grid operation, (2) full liberalization of retailing and generation, and (3) further ensuring the neutrality of the transmission and distribution business through legal separation. Delays to these reforms or changes in policy could affect operating results.」

    Identifies delays to, or changes in, the three electricity system reforms as a risk to the electricity business.
Moved together

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When this could move next
West Holdings's next results are scheduled for 2026-10-15. Read the earnings preview
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Risk of Delays to, or Changes in, Electricity System Reform | West Holdings Corporation (1407) | Komori