Responding to electricity system reform and creating distinctive businesses in the retail electricity business
First written in FY2019. 10 of 21 entries say "Advanced", first in FY2020-Q1. Latest entry: 2026-06-04.
No other company in this theme has enough history to compare yet.
- FY2026-H1WorsenedAnnual 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 intensifying competition in the balancing market was a factor behind lower revenue in the eco-solutions business in connection with the retail electricity business. - 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.」
In the retail electricity business, the environmental energy business posted higher revenue due to an expansion in customers, growth in domestic and overseas solar power plants, and an increase in new PPA contracts. - FY2024AdvancedAnnual report
「The retail electricity business performed steadily, mainly in the public-sector market, resulting in higher revenue. Segment profit increased substantially, mainly due to stable electricity procurement prices in the retail electricity business and contributions from the company’s owned power generation assets.」
The use of owned power generation assets and stable electricity procurement prices, pursued in response to soaring electricity market prices, led to improved profitability in the environmental energy business. - FY2024-Q3AdvancedAnnual report
「The retail electricity business performed steadily in both the public- and private-sector markets, resulting in higher revenue. Segment profit increased, mainly because stable electricity procurement prices in the retail electricity business made a significant contribution to earnings, as well as due to higher profit in the energy business and improved profitability in the vertical farming business.」
In the retail electricity business, higher revenue from the public- and private-sector markets, together with stable electricity procurement prices and earnings contributions from the environmental energy business, including owned power generation assets, turned segment profit from a loss in the same period of the previous year into a profit. - FY2024-Q2AdvancedAnnual report
「Revenue in the retail electricity business increased, mainly in the public-sector market. In the vertical farming business, the company worked on high-value-added vegetables and sought to increase yields of existing varieties, but revenue declined slightly. Segment profit increased, reflecting contributions from the owned power generation assets in the retail electricity business, steady performance in the energy business, and improved profitability in the vertical farming business.」
In the retail electricity business, demand from the public-sector market and contributions from the company’s owned power generation assets led to higher revenue and profit. The results include the benefits of using owned power generation assets, an initiative pursued in response to soaring electricity procurement prices. - FY2024-Q1AdvancedAnnual report
「Revenue increased in the retail electricity business, partly due to contributions from the company’s owned power generation assets.」
It states that operating the retail electricity business through the operation and contribution of the company’s owned power generation assets led to higher revenue. - FY2023AdvancedAnnual report
「The retail electricity business reported a substantial increase in revenue owing to higher fuel adjustment charges. Segment profit increased despite losses in the plant factory business caused by lower revenue and higher electricity costs, supported by the solid performance of the energy business and the contribution from operating the thermal power plants owned by the retail electricity business.」
Although the impact of higher electricity procurement costs remained, the environmental energy business reported higher profit owing to the contribution from operating its thermal power plants and the solid performance of the energy business. - FY2023-Q3WorsenedAnnual report
「The retail electricity business reported lower profit owing to losses from soaring electricity procurement prices since the beginning of the period, as well as losses resulting from higher electricity costs in the plant factory business.」
Losses from soaring electricity procurement prices continued, and segment earnings in the environmental energy business turned from a profit in the previous year into a loss of ¥345 million. - FY2023-Q2WorsenedAnnual report
「Segment earnings increased in the energy business owing to the expansion of solid-performing operations, but declined overall because the retail electricity business was significantly affected by soaring electricity procurement prices resulting from higher resource costs.」
Revenue in the retail electricity business increased owing to higher public-sector demand, while profit declined owing to the impact of soaring electricity procurement prices resulting from higher resource costs. - FY2023-Q1WorsenedAnnual report
「Segment profit increased in the energy business but declined overall, as the retail electricity business was significantly affected by soaring procurement prices.」
In the retail electricity business, the impact of soaring procurement prices continued to weigh on profit. - FY2022-Q2WorsenedAnnual report
「The retail electricity business reported lower revenue owing in part to declining private-sector demand as remote work became established.」
The company reported that declining private-sector demand, including as a result of the normalization of remote work, continued to weigh on revenue in the retail electricity business. - FY2022-Q1WorsenedAnnual report
「The retail electricity business reported lower revenue owing to declining demand and soaring procurement prices.」
Declining demand and soaring procurement prices in the retail electricity business contributed to lower revenue. - FY2021AdvancedAnnual report
「Sales in the retail electricity business declined, mainly among government agencies and other public-sector customers. In response to higher spot prices, the company is pursuing a strategy to minimize exposure to market fluctuations by operating its gas-fired power plants and procuring electricity outside the spot market.」
The annual results show a response to higher wholesale electricity prices by combining operation of the company's gas-fired power plants with procurement outside the spot market. - FY2021-Q3AdvancedAnnual report
「Revenue in the retail electricity business declined mainly owing to lower electricity demand related to public-sector demand. Although spot prices increased, the company is pursuing a profitability-focused strategy by operating its gas-fired power plants and increasing procurement outside the spot market.」
In response to lower electricity demand and higher spot prices, the company reported operating its gas-fired power plants and increasing procurement outside the spot market. - FY2021-Q2Lower revenue owing to reduced electricity demandAnnual report
「Revenue in the retail electricity business declined slightly owing in part to lower electricity demand related to private-sector offices.」
The company reported a slight decline in retail electricity business revenue owing in part to lower electricity demand related to private-sector offices. - FY2021-Q1RestatedAnnual report
「Revenue in the retail electricity business declined owing in part to lower office-related electricity demand, but the company continues to promote a new local production-for-local-consumption electricity scheme using post-FIT power (a mechanism for purchasing electricity after the end of the feed-in tariff system).」
Revenue declined owing to lower office demand, but the company continues to promote a regional local production-for-local-consumption electricity scheme using post-FIT power. - FY2020-Q2AdvancedAnnual report
「The retail electricity business acquired new customers while reducing its reliance on the wholesale electricity market and fixing procurement costs.」
The company reported acquiring new customers, reducing its reliance on the wholesale electricity market and fixing procurement costs. - FY2020-Q1AdvancedAnnual report
「In the retail electricity business, the company reduced its reliance on the wholesale electricity market and implemented measures to lower procurement costs. It also began rolling out a business model using post-FIT power as a new framework for a local production-for-local-consumption model.」
For the retail electricity business, the company reported reduced reliance on the wholesale market, lower procurement costs and the launch of a local production-for-local-consumption model using post-FIT power. - FY2019First statedAnnual report
「Retail electricity Responding to electricity system reform Creating distinctive businesses」
The key priorities for the retail electricity business are responding to electricity system reform and creating distinctive businesses.