Environmental impact assessment, policy and power market risks in the power generation business
First written in FY2017-Q2. 4 of 5 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2024: 5 of 7 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The company has entered into long-term sales contracts with multiple customers, primarily retail electricity providers, for a substantial portion of the electricity it takes in-house. However, if a decline in electricity sales volume or a fall in selling prices occurs in the future due to the procurement of replacement electricity following equipment problems at power plants or intensifying competition among power sources, this may adversely affect the operating results of the group.」
The company continues to identify risks to electricity sales arising from equipment problems at the Fukushima Natural Gas Power Plant, the procurement of replacement electricity and competition among power sources. - FY2020RestatedAnnual report
「If a decline in electricity sales volume or a fall in selling prices occurs in the future due to the procurement of replacement electricity following equipment problems at power plants or intensifying competition among power sources, this may adversely affect the operating results of the group.」
The company continues to specifically disclose the risks of power plant equipment problems, competition among power sources, and declines in electricity sales volume and unit prices. - FY2017RestatedAnnual report
「In the electricity business, the government is also advancing power system reforms aimed at securing a stable supply, containing electricity rates as much as possible, and expanding the options available to residential and other customers and the business opportunities available to companies. Reviews of policies relating to the electricity business and associated changes in market conditions may adversely affect the company's electricity sales in the future.」
The company continues to identify risks to electricity sales arising from power system reforms, policy reviews and changes in market conditions. - FY2017-Q3RestatedAnnual report
「Our company is pursuing the power generation business through a jointly funded company with another company, but if procedures required under the Environmental Impact Assessment Act for construction of the power plant are delayed, or additional measures become necessary based on the assessment results, the amount of funding required may increase. In addition, revisions to policies concerning the electricity business and changes in market conditions could adversely affect future electricity sales.」
For the power generation business, the company continues to identify delays in and additional measures relating to environmental impact assessment procedures, policy reviews and changes in market conditions as risks. - FY2017-Q2First statedAnnual report
「Our company is pursuing the power generation business through a jointly funded company with another company, but if procedures required under the Environmental Impact Assessment Act for construction of the power plant are delayed, or additional measures become necessary based on the assessment results, the amount of funding required may increase. In addition, revisions to policies concerning the electricity business and changes in market conditions could adversely affect future electricity sales.」
For the power generation business, the company has identified as new risks the potential effects of environmental impact assessment procedures, reviews of electricity industry policy and changes in wholesale electricity market conditions on its financial burden and sales.