Intensifying energy competition following the liberalization of electricity and city gas retailing
First written in FY2017. 2 of 4 entries say "Worsened", first in FY2020. Latest entry: FY2024.
TOKAI Holdings moved to the "Worse" side of this theme in 2018, the same year as the typical company in this theme.
The whole theme swung hardest in 2024: 8 of 21 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「In recent years, competition has continued to intensify, driven by the liberalization of the retail markets for city gas and electricity and the provision of wholesale fiber-optic services by NTT East and NTT West.」
The continuing trend toward intensifying competition in energy and telecommunications, driven by liberalization and the provision of wholesale services, was described. - FY2020WorsenedAnnual report
「In recent years, competition has continued to intensify, driven by the liberalization of the retail markets for city gas and electricity and the provision of wholesale fiber-optic services by NTT East and NTT West.」
The trend toward further intensification of competition, driven by the liberalization of city gas and electricity and wholesale fiber-optic line services, was described. - FY2018ReframedAnnual report
「The liberalization of the retail market for households resulting from electricity and city gas system reforms, together with the provision of wholesale fiber-optic line services by NTT East and NTT West in the telecommunications industry, is leading to new entrants from other industries and the expansion of service areas and offerings by large operators. If sales and price competition intensify beyond the Group's expectations, this may affect the Group's operating results and financial position.」
The risk heading and categorization were broadened from electricity and city gas liberalization to the “impact of deregulation,” including telecommunications. - FY2017First statedAnnual report
「The liberalization of the retail market for households resulting from electricity and city gas system reforms, together with the provision of wholesale fiber-optic line services by NTT East and NTT West in the telecommunications industry, is expected to encourage new entrants from other industries and the expansion of service areas and offerings by large operators. If sales and price competition intensify beyond the Group's expectations, this may affect the Group's operating results and financial position.」
The liberalization of electricity, city gas and telecommunications was identified as a risk that could lead to entry by companies from other industries and price competition.