Risk of Feed-in Tariff and Declining Solar Power Purchase Prices
First written in FY2016. 13 of 16 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2025: 5 of 14 companies on the "Worse" side.
3 other companies' latest entry also says "Dropped".
- FY2021DroppedAnnual report
「In addition, from the current consolidated fiscal year, the Company changed its reportable segments to a single segment.」
This fiscal year's business and other risks and business description no longer include the previous risk disclosures concerning the feed-in tariff scheme and declines in solar power purchase prices. The company states that this reflects the transition to a single segment focused solely on the energy-saving-related business following the exclusion of the renewable energy business from consolidation. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the business and other risks described in the previous fiscal year, including the risk of the fixed-price purchase system and lower solar power purchase prices. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the business and other risks described in the previous fiscal year, including the risk of the fixed-price purchase system and lower solar power purchase prices. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the business and other risks described in the previous fiscal year, including the risk of the fixed-price purchase system and lower solar power purchase prices. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the business and other risks described in the previous fiscal year, including the risk of the fixed-price purchase system and lower solar power purchase prices. - FY2019-Q3RestatedAnnual report
「In the renewable energy sector, changes to business models are being demanded as a result of lower feed-in tariffs and electricity deregulation.」
Lower feed-in tariffs and electricity market liberalization continue to be identified as external factors affecting the renewable energy business. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the business and other risks described in the previous fiscal year, including the risk of the fixed-price purchase system and lower solar power purchase prices. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the risks described in the previous fiscal year, including the fixed-price purchase system and the risk of declining purchase prices for solar power. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the risks described in the previous fiscal year, including the fixed-price purchase system and the risk of declining purchase prices for solar power. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the risks described in the previous fiscal year, including the fixed-price purchase system and the risk of declining purchase prices for solar power. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the business and other risks described in the previous fiscal year, including the risk of the fixed-price purchase system and lower solar power purchase prices. - FY2017WorsenedAnnual report
「With respect to the introduction of solar power generation facilities, which had previously been the main source of our revenue and profit, purchase prices under the feed-in tariff system continue to decline, and we believe it will be difficult to generate revenue and profit at levels comparable to those through the current fiscal year.」
The annual outlook clarifies that, as the purchase price under the Feed-in Tariff Scheme continues to decline, it will be difficult to record solar-related revenue and profit at levels comparable to those in the past. The business combination disclosures also cite intensifying competition resulting from an increase in participating companies, in addition to lower purchase prices. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the risks described in the previous fiscal year, including the fixed-price purchase system and the risk of declining purchase prices for solar power. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the risks described in the previous fiscal year, including the fixed-price purchase system and the risk of declining purchase prices for solar power. - FY2017-Q1RestatedAnnual report
「There have been no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the business and other risks described in the previous fiscal year, including the risk of the fixed-price purchase system and lower solar power purchase prices. - FY2016First statedAnnual report
「With respect to the introduction of solar power generation facilities, which had previously been the main source of our revenue and profit, purchase prices under the feed-in tariff system continue to decline, and we believe it will be difficult to generate revenue and profit at levels comparable to those through the current fiscal year.」
The Group states that fluctuations in purchase prices, changes to or abolition of the system could affect sales prices, electricity sales revenue and customers' decisions to install equipment.