Intensifying competition following the full liberalization of electricity and city-gas retailing
First written in FY2016. 15 of 18 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2018: 10 of 30 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Since the full liberalization of retail sales, cost-cutting efforts in both electricity and gas have continued as competition among energy providers has intensified.」
The intensifying competition among energy providers and continued cost-cutting pressure resulting from liberalization remain described. - FY2024RestatedAnnual report
「Cost-cutting efforts in both electricity and gas continued as competition among energy providers intensified.」
The intensifying competition among energy providers and continued cost-cutting pressure resulting from liberalization remain described. - FY2024-Q2RestatedAnnual report
「During the second-quarter cumulative period, there were no new major risks among the matters concerning the business and accounting conditions described in this quarterly report that management recognized as potentially having a material impact on the company's financial position, operating results or cash flows, and no material changes were made to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
It was stated that there were no material changes in the major risks, and the risk of intensified competition resulting from the full liberalization of retail electricity and city-gas sales, among other factors, remained classified as before. - FY2024-Q1RestatedAnnual report
「During the first-quarter cumulative period, there were no new major risks among the matters concerning the business and accounting conditions described in this quarterly report that management recognized as potentially having a material impact on the company's financial position, operating results or cash flows, and no material changes were made to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
No material changes were identified in the major risks, and the risk of intensified competition resulting from the full liberalization of retail electricity and city-gas sales remained classified as before. - FY2022WorsenedAnnual report
「As competition among energy providers has intensified further amid the full liberalization of retail sales, with providers expanding their business scope to offer various services beyond conventional energy supply, further cost-cutting efforts in both electricity and gas are expected to become increasingly evident.」
Competition and cost-cutting pressure resulting from liberalization are continuing, and the possibility of changes to transaction policies and ordering methods, including the separation of the pipeline business in April 2022, was indicated. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no new major risks that management recognizes could have a material impact on the financial condition, operating results or cash flows of the filing company, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes were identified in the major risks, and the previous classification, including the risk of intensified competition resulting from the full liberalization of retail electricity and city-gas sales, was maintained. - FY2021-Q3RestatedAnnual report
「During the first three quarters of the current fiscal year, there were no new occurrences of the major risks that management recognises could materially affect the filing company's financial position, operating results or cash flows among the matters relating to business conditions, financial conditions and other matters described in the quarterly report, and no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No material changes were identified in the major risks, and the risk of intensified competition resulting from the full liberalization of retail electricity and city-gas sales remained classified as before. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It was explicitly stated that there had been no significant changes to the risks related to the business and other matters, and the positioning of the existing risks, including the risk of intensified competition resulting from the full liberalization of electricity and city-gas retailing, was maintained. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It was explicitly stated that there had been no significant changes to the risks related to the business and other matters, and the positioning of the risk of intensified competition resulting from the full liberalization of electricity and city-gas retailing was maintained. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It was explicitly stated that there had been no significant changes to the risks related to the business and other matters, and the positioning of the risk of intensified competition resulting from liberalization and other factors was maintained. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It was explicitly stated that there had been no significant changes to the risks related to the business and other matters, and the positioning of the existing risks, including the risk of intensified competition resulting from liberalization and other factors, was maintained. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It was explicitly stated that there had been no significant changes to the risks related to the business and other matters, and the positioning of competitive-environment risks resulting from liberalization and other factors was maintained. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It was explicitly stated that there had been no significant changes to the risks related to the business and other matters, and the positioning of the risk of intensified competition resulting from liberalization and other factors was maintained. - FY2017SoftenedAnnual report
「Although only a limited number of companies have so far entered the city-gas business and pipeline operators are responsible for ensuring public safety, meaning that the threat from companies in other industries entering the gas construction field is considered low, the business models of electricity and gas companies have begun to change significantly, and our business environment is expected to be affected to a certain extent.」
While the impact of city-gas liberalization was anticipated, the assessment that the threat from companies in other industries entering the gas construction field was low was added. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It was explicitly stated that there had been no significant changes to the risks related to the business and other matters, and the positioning of the risk of intensified competition resulting from liberalization and other factors was maintained. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It was explicitly stated that there had been no significant changes to the risks related to the business and other matters, and the positioning of risks related to liberalization and intensified competition was maintained. - FY2017-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It was explicitly stated that there had been no significant changes to the risks related to the business and other matters, and the positioning of the risk of intensified competition following liberalization was maintained. - FY2016First statedAnnual report
「Our performance may be affected by fluctuations in order volumes and contract prices and the need to restructure our order composition resulting from intensifying competition in the energy sector, including the full liberalization of retail sales in the electricity and gas markets.」
The potential impact on order volumes, contract prices and order composition was identified as a major change in the business environment.