Impact of the Policy to Phase Out Inefficient Coal-Fired Power Generation on Coal Businesses
First written in FY2021. 2 of 7 entries say "Worsened", first in FY2023-Q1. Latest entry: FY2025.
Sumiseki Holdings moved to the "Worse" side of this theme in 2025, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 4 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「The introduction of a carbon tax will accelerate customers’ efforts to decarbonize and reduce coal demand.」
The risk of declining coal demand due to decarbonization policies was defined as a high-priority transition risk in the TCFD analysis. - FY2023ReframedAnnual report
「In the coal business division, based on the impact of domestic and international policies aimed at achieving carbon neutrality (decarbonisation), the company will respond to the needs of existing customers while also working to enhance its functions as a logistics base handling biomass and other renewable energy sources.」
The response to policies aimed at phasing out inefficient coal-fired power generation and other measures was reframed as the transformation and enhancement of logistics-base functions in light of the carbon-neutrality policy. - FY2023-Q3RestatedAnnual report
「Coal market prices remained elevated due in part to the prolonged Russia-Ukraine situation.」
The Company states that the impact of the prolonged Russia-Ukraine situation on coal market conditions is continuing. - FY2023-Q2RestatedAnnual report
「Coal market prices remained elevated due in part to the prolonged Russia-Ukraine situation.」
The Company states that the impact of the prolonged Russia-Ukraine situation on energy supplies and coal market conditions is continuing. - FY2023-Q1WorsenedAnnual report
「During the first quarter of the fiscal year, coal prices rose sharply amid increasing global energy demand, as growing supply concerns stemming from Russia's invasion of Ukraine and the impact of extreme weather on coal production and logistics in coal-producing countries compounded one another. Net sales rose 267.3% year on year to ¥7,256 million, and segment profit increased 8.6% to ¥127 million, resulting in higher revenue and profit.」
As the Russia-Ukraine situation became protracted, supply concerns intensified, while abnormal weather also affected coal production and logistics and led to a sharp rise in coal prices, reflecting the actual business environment. - FY2022Additional risk of restrictions on Russian coal importsAnnual report
「In the coal business division, the company will assess the impact of policies aimed at phasing out inefficient coal-fired power generation and the tightening of energy demand resulting from restrictions on imports of Russian coal, while working to respond flexibly to changing customer needs.」
In addition to the phase-out policy for inefficient coal-fired power generation, the Company added the issue of assessing the tightening of energy demand caused by restrictions on Russian coal imports and other factors. - FY2021First statedAnnual report
「In the coal business segment, the Company will work to respond flexibly to changes in customer needs while assessing the impact of policies and other measures aimed at phasing out inefficient coal-fired power generation.」
The Company identified the need to assess the impact of policies and other measures aimed at phasing out inefficient coal-fired power generation on the coal business as a new external-environment issue.