Structural changes in the energy sector driven by renewable energy, shale gas and other factors
First written in FY2017-Q1. 13 of 18 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 7 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「In the medium-term management plan disclosed on 9 November 2018, the company stated its long-term policy of fully withdrawing from its founding coal production business. It has worked to establish an earnings base independent of coal-related businesses by restructuring its business portfolio, primarily through M&A. All coal-related businesses in the coal production and coal sales fields ended in the fiscal year ended March 2024, completing the company's full withdrawal. The company believes this strategy enabled it to reduce the impact of climate-related risks on the Group over the medium to long term, particularly transition risks arising from declining coal demand.」
The company explicitly identifies its full withdrawal from coal-related businesses and portfolio restructuring through M&A as measures that reduced climate-related transition risks arising from declining coal demand. - FY2022WorsenedAnnual report
「In recent years in particular, the environment surrounding coal-related businesses has become increasingly difficult as efforts to achieve a decarbonized society accelerate across national, corporate and investor boundaries against a backdrop of growing environmental awareness worldwide. At the same time, global affairs surrounding efforts by countries to secure energy supplies have become complex, exerting a significant influence on energy markets.」
In addition to accelerating decarbonization, the company describes the increasing complexity of global affairs surrounding energy security and their impact on energy markets, emphasizing the challenging external environment. - FY2021RestatedAnnual report
「In recent years in particular, the environment surrounding coal-related businesses has become increasingly difficult as efforts to achieve a decarbonized society accelerate across national, corporate and investor boundaries against a backdrop of growing environmental awareness worldwide.」
The company continues to describe accelerating decarbonization and the difficult environment surrounding coal-related businesses as major external factors, as before. - FY2020RestatedAnnual report
「The company's basic management policy is to steadily execute its five-year medium-term management plan through the fiscal year ending March 2024, which aims to diversify the business portfolio through active investment in business areas other than coal production in order to respond flexibly to the global trend toward decarbonization arising from growing environmental awareness worldwide.」
The company continues to recognize the trend toward decarbonization as part of the external environment and to identify portfolio diversification through investment outside coal production as its response policy. - FY2020-Q3RestatedAnnual report
「Meanwhile, the performance of the coal production business is heavily influenced by changes in external factors such as coal prices and foreign exchange rates. In recent years, coal consumption in developed countries is expected to contract as CO2 emissions regulations are tightened, while signs of structural change in the energy resources sector have emerged with the rise of renewable energy, shale gas and other sources.」
The company continues to describe fluctuations in coal prices and foreign exchange rates, declining coal consumption resulting from tighter CO2 emissions regulations, and structural changes driven by the rise of renewable energy and shale gas. - FY2020-Q2RestatedAnnual report
「Meanwhile, the performance of the coal production business is heavily influenced by changes in external factors such as coal prices and foreign exchange rates. In recent years, coal consumption in developed countries is expected to contract as CO2 emissions regulations are tightened, while signs of structural change in the energy resources sector have emerged with the rise of renewable energy, shale gas and other sources.」
The company continues to describe fluctuations in coal prices and foreign exchange rates, declining coal consumption resulting from tighter CO2 emissions regulations, and structural changes driven by the rise of renewable energy and shale gas. - FY2020-Q1RestatedAnnual report
「Meanwhile, the performance of the coal production business is heavily influenced by changes in external factors such as coal prices and foreign exchange rates. In recent years, coal consumption in developed countries is expected to contract as CO2 emissions regulations are tightened, while signs of structural change in the energy resources sector have emerged with the rise of renewable energy, shale gas and other sources.」
The company continues to describe fluctuations in coal prices and foreign exchange rates, declining coal consumption resulting from tighter CO2 emissions regulations, and structural changes driven by the rise of renewable energy and shale gas. - FY2019WorsenedAnnual report
「The Group fully recognizes as a management challenge that the environment surrounding coal-related businesses is becoming increasingly difficult, as efforts to achieve a decarbonized society accelerate across national, corporate and investor boundaries against a backdrop of growing environmental awareness worldwide.」
The company explicitly presents the acceleration of efforts toward a decarbonized society and the increasingly difficult environment surrounding coal-related businesses as more significant risks than the conventional structural-change risks. - FY2019-Q3RestatedAnnual report
「Meanwhile, the performance of the coal production business is heavily influenced by changes in external factors such as coal prices and foreign exchange rates. In recent years, coal consumption in developed countries is expected to contract as CO2 emissions regulations are tightened, while signs of structural change in the energy resources sector have emerged with the rise of renewable energy, shale gas and other sources.」
The company continues to identify, as before, tighter CO2 emissions regulations, declining coal consumption in developed countries, and energy-sector structural changes driven by the rise of renewable energy and shale gas as risks in the external environment. - FY2019-Q2RestatedAnnual report
「Meanwhile, the performance of the coal production business is heavily influenced by changes in external factors such as coal prices and foreign exchange rates. In recent years, coal consumption in developed countries is expected to contract as CO2 emissions regulations are tightened, while signs of structural change in the energy resources sector have emerged with the rise of renewable energy, shale gas and other sources.」
The company continues to identify fluctuations in coal prices and foreign exchange rates, declining coal consumption in developed countries resulting from tighter CO2 emissions regulations, and the rise of renewable energy and shale gas as risks in the external environment. - FY2019-Q1RestatedAnnual report
「Meanwhile, the performance of the coal production business is heavily influenced by changes in external factors such as coal prices and foreign exchange rates. In recent years, coal consumption in developed countries is expected to contract as CO2 emissions regulations are tightened, while signs of structural change in the energy resources sector have emerged with the rise of renewable energy, shale gas and other sources.」
The company continues to describe tighter CO2 emissions regulations, declining coal consumption in developed countries, and energy-sector structural changes driven by the rise of renewable energy and shale gas. - FY2018RestatedAnnual report
「The performance of the coal production business is heavily influenced by changes in external factors such as coal prices and foreign exchange rates. In addition, signs of declining coal consumption in developed countries have emerged as CO2 emissions regulations have tightened, while the energy resources sector is also undergoing structural change amid the rise of renewable energy and other sources.」
The company continues to describe coal prices and foreign exchange rates, tighter CO2 emissions regulations, declining coal consumption in developed countries, and structural changes driven by the rise of renewable energy as risks. - FY2018-Q3RestatedAnnual report
「Meanwhile, the performance of the coal production business is heavily influenced by changes in external factors such as coal prices and foreign exchange rates. In recent years, coal consumption in developed countries is expected to contract as CO2 emissions regulations are tightened, while signs of structural change in the energy resources sector have emerged with the rise of renewable energy, shale gas and other sources.」
The company continues to identify, as risks in the same terms as previously, tighter CO2 emissions regulations, declining coal consumption in developed countries, and structural changes driven by the rise of renewable energy and shale gas. - FY2018-Q2RestatedAnnual report
「Meanwhile, the performance of the coal production business is heavily influenced by changes in external factors such as coal prices and foreign exchange rates. In recent years, coal consumption in developed countries is expected to contract as CO2 emissions regulations are tightened, while signs of structural change in the energy resources sector have emerged with the rise of renewable energy, shale gas and other sources.」
The company continues to identify, as risks in the same terms as previously, tighter CO2 emissions regulations, declining coal consumption in developed countries, and structural changes driven by the rise of renewable energy and shale gas. - FY2018-Q1WorsenedAnnual report
「Meanwhile, the performance of the coal production business is heavily influenced by changes in external factors such as coal prices and foreign exchange rates. In recent years, coal consumption in developed countries is expected to contract as CO2 emissions regulations are tightened, while signs of structural change in the energy resources sector have emerged with the rise of renewable energy, shale gas and other sources.」
In addition to the conventional structural changes driven by renewable energy and shale gas, the company explicitly identifies tighter CO2 emissions regulations and the expected contraction of coal consumption in developed countries as risks. - FY2017-Q3RestatedAnnual report
「The performance of the fuel business is heavily affected by fluctuations in external factors such as coal prices and foreign exchange rates. In addition, structural changes surrounding energy resources, including renewable energy and shale gas, have been progressing in recent years.」
The company continues to describe structural changes in the energy resources sector driven by renewable energy, shale gas and other factors as part of the external environment. - FY2017-Q2RestatedAnnual report
「The performance of the fuel business is heavily affected by fluctuations in external factors such as coal prices and foreign exchange rates. In addition, structural changes surrounding energy resources, including renewable energy and shale gas, have been progressing in recent years.」
The company continues to describe structural changes in the energy resources sector driven by renewable energy, shale gas and other factors as part of the external environment. - FY2017-Q1First statedAnnual report
「In recent years, structural changes have also progressed in the energy resources sector, driven by renewable energy, shale gas and other factors.」
The company identifies structural changes in the energy resources sector as part of the external environment surrounding the fuel business.