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Ichigo (2337) · RiskMitigated

Changing Investment Conditions for Solar Power Due to Declining FIT Purchase Prices

First written in FY2017. 3 of 6 entries say "Restated". Latest entry: FY2025.

6entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2019-Q2MitigatedFY2022RestatedFY2024-Q12017: 120172018: 220182019: 020192020: 020202021: 020212022: 120222023: 120232024: 020242025: 12025
Same theme, other companies
Changes in Renewable Energy Policy and FIT SchemeA theme 38 companies write about · 49 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 5 of 14 companies on the "Worse" side.

4 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 38 companies compared. The sentences above are computed from all 38.
Full recordFilings, disclosures and news, newest first
  1. FY2025MitigatedAnnual report

    「In addition to considering wholesale electricity customers other than power utilities and the retail electricity business, we are working to diversify our customer base. We are also promoting diversification into renewable energy sources other than solar power, including wind and biomass, to stabilise the business.」

    To address changes to the FIT scheme and other factors, the company is diversifying its customer base and power sources, including wind, biomass and battery storage.
  2. FY2024-Q1RestatedAnnual report

    「Against this backdrop, the importance of the clean energy business is increasing. We are focusing on further developing renewable energy that is friendly to local communities and the planet, as well as diversifying our power sources beyond solar and wind to include planned biomass power generation.」

    The company continues to diversify its power sources by adding wind power and planned biomass power generation to solar power, and is working to stabilise the clean energy business.
  3. FY2022MitigatedAnnual report

    「In addition to considering wholesale electricity customers other than power utilities and the retail electricity business, we are working to diversify our customer base. We are also promoting diversification into renewable energy sources other than solar power, including wind and biomass, to stabilise the business.」

    To address changes to the FIT scheme and other factors, the company is diversifying its customer base and power sources, including wind and biomass.
  4. FY2019-Q2RestatedAnnual report

    「While changes to the Renewable Energy Feed-in Tariff (FIT) scheme are accelerating the淘汰 of power producers,」

    The company continues to describe changes in the environment for commercialising the solar power business against the backdrop of FIT changes.
  5. FY2018RestatedAnnual report

    「While changes to the Renewable Energy Feed-in Tariff (FIT) scheme are driving the selection of projects based on their viability as businesses,」

    The company continues to explain changes in the environment for commercialising solar power projects against the backdrop of FIT changes.
  6. FY2017First statedAnnual report

    「We believe that the purchase prices under the Feed-in Tariff (FIT) scheme will continue to decline.」

    The outlook for FIT purchase prices to decline going forward is identified as a challenge for the clean energy business.
Moved together

"Business Model Combining Rental Income During the Holding Period with Gains on Sale After Enhancing Asset Values" moved the same way as this thread, in the same document, in 2 of its 6 moves.

222222★123456
  1. ★This thread
  2. 1Business Model Combining Rental Income During the Holding Period with Gains on Sale After Enhancing Asset Values2×
  3. 2Advancing the Clean Energy Business, Including Solar Power Generation2×
  4. 3Improving Borrowing Terms by Extending Maturities and Reducing Interest Costs2×
  5. 4Recovery of Funds and Realization of Gains Through Asset Sales2×
  6. 5Flexible capital policy through share buybacks2×
  7. 6Entry into the hotel operations business through the establishment of 「博多ホテルズ」2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Ichigo yet.
News
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Changing Investment Conditions for Solar Power Due to Declining FIT Purchase Prices | Ichigo Inc. (2337) | Komori