Leveraging resources and pursuing synergies with the environmental energy business
First written in FY2019-Q2. 17 of 21 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026New solar power plants commence operations, but Eco Solutions sales declineAnnual report
「Although the Eco-Solutions business benefited from higher revenue following the start of operations at new solar power plants, revenue declined due to lower revenue from the retail electricity business in the new electricity sector and intensified competition in the balancing market.」
While advancing the start of operations at new solar power plants, the company reported Eco-Solutions revenue of ¥17,367 million, down 15.9% year on year, due to lower retail electricity revenue and intensified competition in the balancing market. - 2026-05-14AdvancedRevision to earnings forecast
「・系統用蓄電池のＥＰＣ事業（設計・調達・建設）とＯ＆Ｍ事業の一体展開 ・アグリゲーションビジネスによる電力市場収益の獲得」
環境エネルギー事業について、系統用蓄電池のEPC・O&M一体展開とアグリゲーションによる収益獲得を重点取り組みとして具体化している。 - FY2026-H1AdvancedAnnual report
「Although the Eco-Solutions business benefited from higher revenue following the start of operations at new solar power plants and from stronger maintenance, including repowering, revenue declined amid intensified competition in the balancing market in the new electricity sector.」
It states that the company started operating new solar power plants and strengthened maintenance, including repowering. - FY2025-H1AdvancedAnnual report
「Revenue in the Eco-Solutions business increased, partly due to the expansion of electricity sales destinations in the new electricity business, the expansion of solar power plants in Japan and overseas, and an increase in new PPA (power purchase agreement) contracts.」
The resource utilization and synergy policy for the environmental energy business has advanced through the expansion of electricity sales destinations, the expansion of solar power plants in Japan and overseas, and an increase in new PPA contracts. - FY2024AdvancedAnnual report
「The period under the feed-in tariff system (up to 20 years from the start of power generation at each plant)」
It lists 63 solar power plants in Japan, 68 wind power plants in Japan, and 88 solar power plants in Taiwan as contracted facilities, expanding the renewable energy generation base. Segment profit in the environmental energy business was ¥4,757 million. - FY2024-Q3AdvancedAnnual report
「Although power generation at overseas solar power plants remained firm, revenue from the energy business declined slightly due to lower sales of equipment and machinery. The new electricity business remained firm in both the public- and private-sector markets, resulting in higher revenue. Segment profit increased, mainly due to the earnings contribution from stable electricity procurement prices in the new electricity business, as well as higher profit in the energy business and improved profitability in the plant factory business.」
In the environmental energy business, segment profit turned from a loss of ¥345 million in the same period of the previous year to a profit of ¥3,339 million, due to stable procurement prices in the new electricity business, higher profit in the energy business, and improved profitability in the plant factory business. - FY2024-Q2AdvancedAnnual report
「The energy business remained firm due to power generation at overseas solar power plants and the expansion of the domestic PPA (power purchase agreement) business.」
In the environmental energy business, overseas solar power generation and the domestic PPA business expanded, resulting in a 0.4% year-on-year increase in energy business revenue. - FY2023AdvancedAnnual report
「The period under the feed-in tariff system (up to 20 years from the start of power generation at each plant)」
For the environmental energy business, it lists 61 solar power plants in Japan, 62 wind power plants in Japan, and 81 solar power plants in Taiwan as operated or contracted facilities, while increasing power generation through new plant construction and advancing capital investment. - FY2023-Q3AdvancedAnnual report
「With the aim of creating an environmentally friendly society, one of our materiality priorities, we are working to expand renewable energy facilities through financing using green loans.」
The expansion of the environmental energy business has been translated into the specific initiative of expanding renewable energy facilities through financing using green loans. - FY2023-Q2AdvancedAnnual report
「Revenue increased in the energy business as power generation rose following the construction of new solar and wind power plants in Japan and overseas.」
Higher power generation from newly established solar and wind power plants in Japan and overseas led to higher revenue in the energy business. - FY2022-Q2AdvancedAnnual report
「Going forward, we will actively expand our renewable energy-related business and promote regional revitalization initiatives using microgrids (small-scale power grids), while working to develop new products and improve production efficiency in the plant factory business.」
In the environmental energy field, regional revitalization using microgrids has been added as a specific initiative alongside the expansion of the renewable energy business. - FY2022-Q1AdvancedAnnual report
「Revenue increased in the energy business, mainly due to higher power generation from newly established solar power plants in Japan and overseas and wind power plants in Japan.」
In the environmental energy business, power generation increased following the construction of new solar power plants in Japan and overseas and wind power plants in Japan, resulting in higher revenue in the energy business. - FY2021AdvancedAnnual report
「In the energy business, power generation associated with the completion of new solar and wind power facilities in Japan and overseas remained firm, although sales of components such as panels and power conditioners declined.」
It states that new solar and wind power plants in Japan and overseas were completed and power generation remained firm. - FY2021-Q3AdvancedAnnual report
「In the energy business, power generation at new solar power plants in Japan and overseas remained firm, and wind power generation also commenced electricity sales smoothly, although component sales declined.」
For the renewable energy business, the company disclosed that power generation at new solar power facilities in Japan and overseas remained firm and that the commencement of electricity sales from wind power generation represented concrete progress. - FY2021-Q2RestatedAnnual report
「Going forward, the company will promote various initiatives to revitalise renewable energy by further strengthening synergies among its businesses, while expanding and diversifying its business areas.」
For the environmental energy business, the company continues to pursue the revitalisation of renewable energy through synergies among its businesses and the expansion and diversification of its business areas. - FY2021-Q1AdvancedAnnual report
「In the energy business, sales declined mainly due to lower demand for panel sales and the impact of adverse weather conditions. New wind power generation projects and the solar power generation business in Taiwan are progressing as planned.」
Although the environmental energy business reported lower sales, the company disclosed that its new wind power generation projects and solar power generation business in Taiwan were progressing as planned. - FY2020-Q3AdvancedAnnual report
「As part of the future development of the energy business, the company plans to establish an office for a local subsidiary in Taiwan in October 2019 and actively advance its overseas power generation business. It will also promote initiatives involving hybrid wind and solar power generation, a high-profitability power generation model that combines different generation methods to level output and stabilise electricity supply.」
For the environmental energy business, the company outlined plans to advance overseas power generation following the establishment of an office for a local subsidiary in Taiwan and specified its intention to pursue hybrid wind and solar power generation. - FY2020-Q2RaisedAnnual report
「The company will also actively pursue power generation businesses overseas.」
The company has explicitly expanded the scope of its environmental energy power generation business to overseas markets. - FY2019AdvancedAnnual report
「Under the keywords “The world, social contribution, co-creation and innovation,” we will fulfil the roles and responsibilities of expanding the scale of and pursuing earnings from our diverse businesses, with the aim of becoming a comprehensive electronics trading company.」
For the diverse businesses following the integration, including the environmental energy business, the company has set out objectives of expanding scale and pursuing earnings, while identifying expansion into new regions and fields and responding to changes in the FIT scheme as challenges. - FY2019-Q3AdvancedAnnual report
「More specifically, the two companies, which expect business synergies, agreed that their management integration would enable them to expand sales and profit and provide higher-value-added services to both customers and suppliers by further integrating and developing their respective strengths while preserving their individuality, rather than limiting the integration to mere efficiency gains. They also determined that they could pursue synergies in the environmental energy business by leveraging the management resources of both companies, and agreed to proceed with the management integration on an equal-footing basis.」
Following approval of the business integration at the shareholders’ meetings, the integration objectives of expanding sales and profit, developing high-value-added services and pursuing synergies in the environmental energy business have progressed to the implementation stage. - FY2019-Q2First statedAnnual report
「The companies agreed to pursue the business integration on an equal footing, having determined that they could leverage the resources of both companies and pursue synergies in the environmental energy business as well.」
The company disclosed for the first time its intention to leverage the resources of both companies and pursue synergies after the business integration in Vitec’s environmental energy business.