Expansion of the renewable energy market and pressure to reduce costs
First written in FY2020-Q2. 9 of 13 entries say "Reframed", first in FY2020-Q3. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024RestatedAnnual report
「In addition, the surge in energy and resource prices has also begun to ease.」
The annual report reconfirms the previous quarter's view that the surge in energy and resource prices was easing. - FY2024-Q3ReframedAnnual report
「In addition, the surge in energy and resource prices has also begun to ease.」
The view has changed from the uncertainty caused by surging energy and resource prices in the previous quarter to recognition in the third quarter that the price surge is easing. - FY2024-Q2ReframedAnnual report
「However, the outlook for the economy remains uncertain due to inflation resulting from the yen's depreciation and surging energy and resource prices, as well as concerns about China's economic trends and prolonged monetary tightening in the United States.」
The current quarter again identifies inflation caused by the yen's depreciation and surging energy and resource prices as an uncertainty factor, compared with the previous quarter's view that the surge in resource and energy prices was easing. - FY2024-Q1ReframedAnnual report
「Personal consumption and corporate performance have shown a gradual recovery, while the surge in resource, energy and raw-material prices has also begun to ease.」
The market outlook, underpinned by interest in decarbonisation and renewable energy, now also reflects a short-term easing in the surge in resource, energy and raw-material prices. - FY2023ReframedAnnual report
「From the perspective of the importance of climate change risk management, we will pursue CO2 reduction initiatives for Scope 1 and 2 emissions based on the TCFD framework.」
The company has moved from recognizing renewable energy market expansion to an implementation and management framework encompassing the TCFD, Scope 1 and 2 reduction targets, and expansion of renewable energy installations. - FY2022-Q2RestatedAnnual report
「As initiatives toward a decarbonized society accelerate, interest in renewable energy is increasing further.」
The company has reconfirmed the transition to a decarbonized society and growing interest in renewable energy as assumptions underlying the environmental energy market. - FY2022-Q1RestatedAnnual report
「Interest in renewable energy is increasing further as initiatives toward an accelerating decarbonized society advance.」
The transition to a decarbonized society and growing interest in renewable energy remain assumptions underlying the environmental energy market. - FY2021ReframedAnnual report
「Energy Market The global shift toward a decarbonized society is advancing, and the Japanese government has also set a target of achieving net-zero greenhouse gas emissions by 2050, drawing attention to the use of diverse energy sources. In the wholesale electricity market, power shortages occurred due in part to the cold wave at the start of the year and insufficient LNG procurement, resulting in soaring transaction prices.」
The company has added the government's 2050 net-zero target, power shortages caused by the cold wave and LNG shortages, and higher wholesale prices to its previous view of renewable energy market expansion and growing interest in decarbonization. - FY2021-Q3ReframedAnnual report
「Energy Market The government has set a target of achieving net-zero greenhouse gas emissions by 2050, drawing attention to the use of diverse energy sources, including renewable energy and hydrogen. Power shortages occurred due in part to a recent cold wave and insufficient LNG procurement, and wholesale electricity prices remained elevated.」
The company has added the 2050 net-zero target, interest in hydrogen use, power shortages and higher wholesale electricity prices to its previous view of renewable energy market expansion and pressure to reduce costs. - FY2021-Q2ReframedAnnual report
「Energy Market Electricity demand declined as factory and office operating rates fell, but demand for large facilities is now beginning to recover as factory operating rates improve. In addition, companies are increasingly pursuing substantial CO2 reductions and the transition to a decarbonized, low-carbon society, and the use of renewable energy is also trending upward as electricity demand recovers.」
The company has updated its view from a decline in electricity demand caused by COVID-19 to a recovery driven by improving factory operating rates, and has added the transition to a decarbonized, low-carbon society and the rising trend in renewable energy use. - FY2021-Q1ReframedAnnual report
「Interest in renewable energy remains high, and offshore wind power in particular is attracting significant attention, with promotion zones designated in Japan. Electricity demand has recently declined due to lower operating rates at factories and offices, but is expected to recover toward the second half of the fiscal year. Over the longer term, the government's new Basic Energy Plan indicates an increase in the target share of renewable energy in the energy mix by 2030.」
The company has added interest in offshore wind power, a short-term decline in electricity demand due to the COVID-19 pandemic, and the target renewable energy share by 2030 to its previous view of renewable energy market expansion and pressure to reduce costs. - FY2020-Q3ReframedAnnual report
「Customer needs in the retail electricity industry are shifting toward price, environmental performance and stable supply, creating business opportunities. Following the ratification of the Paris Agreement and adoption of the Sustainable Development Goals at a UN summit, interest in corporate initiatives such as SDGs and ESG, particularly those addressing environmental issues, is also rising rapidly.」
The company has added changing customer needs and demand for corporate responses to SDGs and ESG to its view of market expansion and pressure to reduce costs in the renewable energy market. - FY2020-Q2First statedAnnual report
「Interest in renewable energy remains high, and its share of the power industry is trending upward. Although the increase in the number of players in the retail electricity market appears to have paused, pressure to reduce costs in both power generation and procurement is intensifying.」
The company identifies rising interest in and share of renewable energy as a market opportunity, while noting that pressure to reduce generation and procurement costs is intensifying in the competitive retail electricity market.