Expansion into Renewable Energy Other Than Solar Power
First written in FY2016. 4 of 9 entries say "Restated". Latest entry: FY2020-Q2.
0 other companies' latest entry also says "Dropped".
- FY2020-Q2DroppedAnnual report
「Main reason for separating the business The decision to scale back the renewable energy business in light of changes in the business environment.」
The Group decided to scale back the renewable energy business and transferred all shares in Yell, which included the energy-saving-related and renewable energy businesses. The previous policy of expanding into renewable energy other than solar power was discontinued as a result of the business separation. - FY2020-Q1SoftenedAnnual report
「In the renewable energy business, we promote planning, design, sales, construction and consulting for the installation of renewable energy facilities, including solar power generation and biogas plants.」
The business scope for non-solar renewable energy includes biogas plants and other facilities. However, no specific launch plan for the former PKS business is presented, and the renewable energy business itself was ultimately slated for downsizing. - FY2019SoftenedAnnual report
「The renewable energy market has continued to expand rapidly, as demonstrated by the sharp increase in solar power generation facilities following the introduction of the feed-in tariff system in July 2012. Going forward, we expect this market expansion to continue not only for solar power but also for other renewable energy sources, including biomass and wind power.」
Biomass and wind power are mentioned as market prospects, but no specific measures such as launching the previously planned PKS import and sales business are cited. The concrete nature of the Group's expansion into non-solar renewable energy has weakened. - FY2019-Q3SoftenedAnnual report
「The renewable energy business, specifically the biomass fuel supply business, incurred expenditures of approximately ¥20 million between October 2016 and September 2018. The remaining ¥80 million was used as working capital.」
Of the initial ¥100 million allocated to the biomass fuel supply business, including PKS, approximately ¥20 million was spent, while the remaining ¥80 million was redirected to working capital. The supply source was also changed from Indonesia to SAID in Malaysia. - FY2019-Q1RestatedAnnual report
「We will also continue to build a structure capable of securing stable revenue and profit, including by promoting the biomass fuel business, or PKS business.」
The Group continued to cite measures related to renewable energy other than solar power, including the promotion of the PKS business. - FY2018-Q1RestatedAnnual report
「We will also continue to build a structure capable of securing stable revenue and profit, including by promoting the biomass fuel business, or PKS business.」
The Group continued to cite measures including the promotion of the PKS business. - FY2017RestatedAnnual report
「However, the launch of our planned PKS biomass fuel import and sales business was delayed because the completion of domestic biomass power plants was delayed. The launch is now expected to proceed, and we will continue to promote the installation of renewable energy equipment other than solar power facilities.」
The Group continued to cite the launch of the PKS import and sales business and the installation of renewable energy equipment other than solar facilities. The PKS business had been delayed by delays in completing domestic biomass power plants, but was described as expected to proceed. - FY2017-Q3RestatedAnnual report
「To make our future growth more certain, it is urgent that we build a renewable energy business based on energy sources other than solar power and establish an energy-saving business suited to the new business environment, strengthen these two pillars and create a more robust business structure.」
The Group reaffirmed its direction of strengthening a renewable energy business not dependent on solar power, together with its energy-saving business, as two core pillars. - FY2016First statedAnnual report
「However, we plan to launch the import and sale of palm kernel shell (PKS) biomass fuel, which we have been preparing as a new business, and will also promote the installation of renewable energy equipment other than solar power generation facilities.」
In light of the profitability environment for solar power generation under the feed-in tariff system, the Group cited the import and sale of PKS biomass fuel and the installation of renewable energy equipment other than solar facilities.