Risk of High Dependence on the Power Generation Equipment Business and Electric Power Industry
First written in FY2016. 21 of 28 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「No new business or other risks arose during the current interim consolidated accounting period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company stated that there were no new occurrences or material changes to existing risks, including its high dependence on the power generation equipment business and electricity industry. - FY2024RestatedAnnual report
「The Group’s sales are highly dependent on the power generation equipment business and may be affected by trends in the electricity industry, serious accidents or disasters, sluggish growth in electricity demand, cost-cutting pressures on electric utilities resulting from electricity liberalization, and other factors. If these factors resulted in the cancellation or suspension of construction at numerous power plants, business performance could be adversely affected.」
The Company continued to describe the risk that its dependence on the power generation equipment business, accidents and disasters, weak demand and electricity liberalization could lead to the cancellation or suspension of power plant construction. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended the third quarter, there were no major risks that management recognized as potentially having a material impact on the Group’s financial position, business performance or cash flows among the matters concerning the business and accounting conditions described in this quarterly report. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company stated that there were no new occurrences or material changes to major risks, including the high dependence on the power generation equipment business and electricity industry. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company stated that there were no new occurrences or material changes to existing risks, including its high dependence on the power generation equipment business and electricity industry. - FY2023-Q3WorsenedAnnual report
「Amid issues involving fuel procurement and tight electricity supply and demand, the electricity industry is working to achieve both a stable power supply and carbon neutrality.」
Regarding the environment surrounding the electricity industry, the Company specifically identified tight electricity supply and demand as an issue in addition to fuel procurement. - FY2023-Q2WorsenedAnnual report
「In the electricity industry, the Group’s core business, the Company is making maximum efforts to secure fuel for thermal power plants, maintain and manage facilities, and restart nuclear power plants in order to ensure a stable power supply amid concerns over fuel procurement and rising prices due to the situation in Ukraine. It is also promoting the wider adoption of demand response to adjust the balance between electricity supply and demand.」
Regarding the environment surrounding the electricity industry, the Company newly identified concerns over fuel procurement and rising prices resulting from the situation in Ukraine, clarifying the challenges involved in ensuring a stable power supply. - FY2023-Q1RestatedAnnual report
「The Group’s sales are highly dependent on the power generation equipment business and may be affected by trends in the electricity industry. In the power generation equipment business, if the construction or operation of a large number of power plants were cancelled or suspended due to serious accidents or disasters, sluggish growth in electricity demand, cost-cutting pressures on electric utilities resulting from electricity liberalization, or other factors, business performance could be adversely affected.」
The Company continued to describe the risk that its high dependence on the power generation equipment business, accidents and disasters, weak demand and cost reductions resulting from electricity liberalization could lead to the cancellation or suspension of power plant construction. - FY2022RestatedAnnual report
「The Group’s sales are highly dependent on the power generation equipment business and may be affected by trends in the electricity industry. In the power generation equipment business, if the construction or operation of a large number of power plants were cancelled or suspended due to serious accidents or disasters, sluggish growth in electricity demand, cost-cutting pressures on electric utilities resulting from electricity liberalization, or other factors, business performance could be adversely affected.」
The Company continued to describe the risk that its high dependence on the power generation equipment business, accidents and disasters, weak demand and electricity liberalization could lead to the cancellation or suspension of power plant construction. - FY2022-Q3RestatedAnnual report
「During the nine-month period ended the third quarter, there were no major risks that management recognized as potentially having a material impact on the Group’s financial position, business performance or cash flows among the matters concerning the business and accounting conditions described in this quarterly report. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company stated that there were no new occurrences or material changes to major risks, including the high dependence on the power generation equipment business and electricity industry. - FY2022-Q1RestatedAnnual report
「The Group’s sales are highly dependent on the power generation equipment business and may be affected by trends in the electricity industry. In the power generation equipment business, if the construction or operation of a large number of power plants were cancelled or suspended due to serious accidents or disasters, sluggish growth in electricity demand, cost-cutting pressures on electric utilities resulting from electricity liberalization, or other factors, business performance could be adversely affected.」
The Company continued from the previous quarter to describe the risk that its high dependence on the power generation equipment business, serious accidents and disasters, sluggish demand and cost reductions resulting from electricity liberalization could lead to the cancellation or suspension of power plant construction. - FY2021WorsenedAnnual report
「In the power generation equipment business, if the construction or operation of a large number of power plants were cancelled or suspended due to serious accidents or disasters, sluggish growth in electricity demand, cost-cutting pressures on electric utilities resulting from electricity liberalization, or other factors, business performance could be adversely affected.」
Regarding the risk arising from the Group’s high dependence on the power generation equipment business, the Company explicitly identified the occurrence of “disasters,” in addition to serious accidents, as a factor that could lead to the cancellation or suspension of construction. - FY2021-Q3RestatedAnnual report
「During the nine-month period ended the third quarter, there were no major risks that management recognized as potentially having a material impact on the Group’s financial position, business performance or cash flows among the matters concerning the business and accounting conditions described in this quarterly report. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company stated that there were no new occurrences or material changes to major risks, including the high dependence on the power generation equipment business and electricity industry. - FY2021-Q1WorsenedAnnual report
「The Group’s sales are highly dependent on the power generation equipment business and may be affected by trends in the electricity industry. In the power generation equipment business, if the construction or operation of a large number of power plants were cancelled or suspended due to serious accidents, sluggish growth in electricity demand, cost-cutting pressures on electric utilities resulting from electricity liberalization, the spread of COVID-19 infections or other factors, business performance could be adversely affected.」
Regarding the risk arising from the Group’s high dependence on the power generation equipment business, the Company added the spread of COVID-19 infections to the previously identified factors of accidents, weak demand and electricity liberalization that could lead to the cancellation or suspension of power plant construction. - FY2020MitigatedAnnual report
「In conducting business, the Group monitors economic and social conditions while pursuing orders, and seeks to achieve an optimal allocation of risks with customers and business partners. It also endeavors to avoid or minimize these risks by thoroughly investigating the circumstances of business partners, determining whether to conduct transactions, confirming transaction terms and securing alternative business partners, among other measures.」
Although dependence on the power generation equipment business and electricity industry remains a risk, the Company specifically described measures including monitoring economic and social conditions, investigating business partners, confirming terms and securing alternative business partners. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, 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 stated that there were no new occurrences or material changes to existing risks, including its high dependence on the power generation equipment business and electricity industry. - FY2020-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company stated that there were no new occurrences or material changes to existing risks, including its high dependence on the power generation equipment business and electricity industry. - FY2020-Q1RestatedAnnual report
「The Group’s sales are highly dependent on the power generation equipment business and may be affected by trends in the electricity industry. In the power generation equipment business, if the construction or operation of a large number of power plants were cancelled or suspended due to serious accidents, sluggish growth in electricity demand, cost-cutting pressures on electric utilities resulting from electricity liberalization, or other factors, business performance could be adversely affected.」
The Company continued to describe its high dependence on the power generation equipment business and the risk that serious accidents, sluggish demand and cost reductions resulting from electricity liberalization could lead to the cancellation or suspension of power plant construction. - FY2019RestatedAnnual report
「The Group’s sales are highly dependent on the power generation equipment business and may be affected by trends in the electricity industry. In the power generation equipment business, if the construction or operation of a large number of power plants were cancelled or suspended due to serious accidents, sluggish growth in electricity demand, cost-cutting pressures on electric utilities resulting from electricity liberalization, or other factors, business performance could be adversely affected.」
The Company reiterated, in the same format as in the previous fiscal year, its high dependence on the power generation equipment business and the risk that serious accidents, weak demand and electricity liberalization could lead to the cancellation or suspension of power plant construction. - FY2019-Q3RestatedAnnual report
「The Group’s sales are highly dependent on the power generation equipment business and may be affected by trends in the electricity industry. In the power generation equipment business, if the construction or operation of a large number of power plants were cancelled or suspended due to serious accidents, sluggish growth in electricity demand, cost-cutting pressures on electric utilities resulting from electricity liberalization, or other factors, business performance could be adversely affected.」
The Company reiterated, in the same form as previously, its high dependence on the power generation equipment business and the risk that serious accidents, sluggish electricity demand and electricity liberalization could lead to the cancellation or suspension of power plant construction. - FY2019-Q2RestatedAnnual report
「The Group’s sales are highly dependent on the power generation equipment business and may be affected by trends in the electricity industry. In the power generation equipment business, if the construction or operation of a large number of power plants were cancelled or suspended due to serious accidents, sluggish growth in electricity demand, cost-cutting pressures on electric utilities resulting from electricity liberalization, or other factors, business performance could be adversely affected.」
The Company reiterated, in the same form as previously, its high dependence on the power generation equipment business and the risk that serious accidents, sluggish electricity demand and electricity liberalization could lead to the cancellation or suspension of power plant construction. - FY2019-Q1RestatedAnnual report
「The Group’s sales are highly dependent on the power generation equipment business and may be affected by trends in the electricity industry. In the power generation equipment business, if the construction or operation of a large number of power plants were cancelled or suspended due to serious accidents, sluggish growth in electricity demand, cost-cutting pressures on electric utilities resulting from electricity liberalization, or other factors, business performance could be adversely affected.」
The Company reiterated, in the same form as previously, its high dependence on the power generation equipment business and the risk that serious accidents, sluggish electricity demand and cost reductions resulting from electricity liberalization could lead to the cancellation or suspension of power plant construction. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, 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 stated that there were no new occurrences or material changes to existing risks, including its high dependence on the power generation equipment business and electricity industry. - FY2018-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company stated that there were no material changes to existing risks, including its high dependence on the power generation equipment business and electricity industry. - FY2018-Q1WorsenedAnnual report
「The Group’s sales are highly dependent on the power generation equipment business and may be affected by trends in the electricity industry. In the power generation equipment business, if the construction or operation of a large number of power plants were cancelled or suspended due to serious accidents, sluggish growth in electricity demand, cost-cutting pressures on electric utilities resulting from electricity liberalization, or other factors, business performance could be adversely affected.」
The Company reconfirmed its high dependence on the power generation equipment business and described the specific risk transmission channels through which serious accidents, sluggish electricity demand and cost reductions resulting from electricity liberalization could lead to the cancellation or suspension of construction at numerous power plants. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, 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 stated that there were no material changes to existing risks, including dependence on the power generation equipment business and electricity industry. - FY2017-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company explicitly stated that there were no material changes to the risks described in the previous fiscal year and continued to identify dependence on the power generation equipment business and electricity industry as a risk. - FY2017-Q1RestatedAnnual report
「The electricity industry, in which the Group’s core business operates, is expected to remain challenging, following the full liberalization of electricity retailing, competition among electricity companies, including new power providers, for customers, the need for a stable power supply, and efforts to reduce greenhouse gas emissions.」
The Company reiterated the challenging environment in the electricity industry, where its core business operates, in relation to the full liberalization of electricity retailing, competition for customers, stable supply and emissions reductions. - FY2016First statedAnnual report
「The Group’s sales are highly dependent on the power generation equipment business and may be affected by trends in the electricity industry.」
The Company identified its very high dependence on the power generation equipment business as a major risk affecting business performance.