Selection and movement into the secondary market in the solar power generation market following the review of the Feed-in Tariff system
First written in FY2017-Q1. 15 of 26 entries say "Restated". Latest entry: FY2026-H1.
Asulina moved to the "Worse" side of this theme in 2025, 6 years after the typical company in this theme (2019).
The whole theme swung hardest in 2025: 5 of 14 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2026-H1ReframedAnnual report
「In the renewable energy industry, the Group's principal business, policy support and technological innovation in Japan and overseas toward achieving a decarbonized society are advancing, accelerating the deployment of diverse power sources such as solar power and grid-scale batteries. In Japan, the Seventh Basic Energy Plan approved by the Cabinet in February 2025 set a target of reducing greenhouse gas emissions by 73% by FY2040 and presented a policy of maximizing the deployment of renewable energy as a primary power source.」
The focus of the renewable energy market description broadened from FIT and the secondary market to the policy and technology environment, including grid-scale batteries, technological innovation and the Seventh Basic Energy Plan's target of reducing greenhouse gas emissions by 73% by FY2040. - FY2025-H1WorsenedAnnual report
「In addition, the market for secondary sales of solar power plants is shrinking following the end of the FIT scheme, while contracts connecting producers with power consumers through PPAs are expected to advance in the future.」
The description changed from expectations for the formation and expansion of the secondary market to a contraction in the secondary sales market following the end of the FIT scheme. At the same time, the potential shift to contracts connecting producers with power consumers through PPAs was noted. - FY2024-Q3RestatedAnnual report
「In the renewable energy industry, the Group's principal business, COP28 adopted an agreement to further strengthen the goals of the Paris Agreement adopted at COP26, accelerating climate change measures. The renewable energy market is expected to continue expanding steadily both in Japan and globally.」
The expectation of domestic and overseas renewable energy market expansion against the backdrop of COP28 and strengthened Paris Agreement goals continues to be cited. - FY2024-Q2RestatedAnnual report
「In the renewable energy industry, the Group's principal business, COP28 adopted an agreement to further strengthen the goals of the Paris Agreement adopted at COP26, accelerating climate change measures. The renewable energy market is expected to continue expanding steadily both in Japan and globally.」
The expectation of domestic and overseas renewable energy market expansion against the backdrop of COP28 and strengthened Paris Agreement goals continues to be cited. - FY2024-Q1ReframedAnnual report
「In the renewable energy industry, the Group's principal business, COP28 was held in Dubai, United Arab Emirates, from 30 November 2023. At the conference, an agreement was adopted to further strengthen the goals of the Paris Agreement adopted at COP26 in Glasgow in November 2021, accelerating climate change measures. For the first time, a goal of promoting the phased elimination of coal-fired power generation was also presented. Accordingly, the renewable energy market is expected to continue expanding steadily both in Japan and globally.」
The explanation of the factors driving renewable energy market expansion broadened from its previous focus on domestic systems and carbon neutrality targets to international climate change measures, including the strengthening of the Paris Agreement goals and the goal of phasing out coal-fired power generation presented at COP28. - FY2023ReframedAnnual report
「In addition to the existing feed-in tariff scheme (the FIT scheme), the Feed-in Premium scheme (the FIP scheme), which replaces the FIT scheme, was introduced from FY2022, and purchases with a certain premium have commenced. However, as of 2021, renewable energy accounted for only around 20% of Japan's energy mix. There remains substantial room for the investment environment for renewable energy aimed at decarbonization to expand across a broad range of sectors in Japan, including local governments and private companies.」
The market expansion description now includes the introduction of the FIP scheme in addition to FIT, the fact that renewable energy accounts for only around 20% of the energy mix, and the significant room for investment. - FY2023-Q3AdvancedAnnual report
「Amid these developments, in the renewable energy sector, the Group's core business, the Ministry of Economy, Trade and Industry has raised its target for renewable energy's share of the power mix to 36%–38% by 2030, while the government's declaration of its aim to achieve carbon neutrality by reducing greenhouse gas emissions to zero overall by 2050 has led to various measures promoting the installation of renewable energy facilities. Japan's domestic renewable energy market is therefore expected to continue expanding steadily.」
In addition to previous factors such as 2050 carbon neutrality, the specific government target of raising renewable energy's share of the power mix to 36%–38% by 2030 was presented. - FY2023-Q2RestatedAnnual report
「Against this economic backdrop, Japan's renewable energy sector, the Group's core business, is subject to the government's target of reducing greenhouse gas emissions to net zero overall by 2050 (2050 carbon neutrality). In response, consideration has begun of deregulation and measures to promote wider adoption with a view to making renewable energy a primary power source in the future. Institutional investors are directing substantial funds toward ESG investment not only in Europe and the United States but also in Japan, increasing the importance for companies of initiatives related to the SDGs, while competition is expected to intensify as new entrants emerge.」
The market description centered on 2050 carbon neutrality, deregulation and wider adoption, making renewable energy a primary power source, and demand growth driven by ESG investment continues, with intensifying competition due to new entrants also noted. - FY2022RestatedAnnual report
「In June 2021, the Ministry of Economy, Trade and Industry published the Green Growth Strategy Through Achieving Carbon Neutrality in 2050, which presented a reference value of increasing the share of power generated from renewable energy to 50%–60% of the total by 2050. In addition, the Sixth Basic Energy Plan, approved by the Cabinet in October of the same year, substantially raised the planned share of power generated from renewable energy in the FY2030 power mix compared with the Fifth Basic Energy Plan.」
The 50%–60% share of power generation targeted for 2050 and the higher share in the FY2030 power mix continue to be cited as factors driving renewable energy market expansion. - FY2022-Q3ReframedAnnual report
「In June 2021, the Ministry of Economy, Trade and Industry published the Green Growth Strategy Through Achieving Carbon Neutrality in 2050. The strategy identified a reference value of increasing the share of power generated from renewable energy to 50%–60% of the total by 2050. In addition, the Sixth Basic Energy Plan, approved by the Cabinet in October of the same year, substantially raised the planned share of power generated from renewable energy in the FY2030 power mix compared with the Fifth Basic Energy Plan. The government's policy of strongly supporting the deployment of renewable energy therefore remains firmly in place, and Japan's domestic renewable energy market is expected to continue expanding steadily.」
Newly identified factors driving renewable energy market expansion were the reference value of a 50%–60% share of power generation in 2050 and the higher share in the FY2030 power mix. - FY2022-Q1RestatedAnnual report
「In Japan's renewable energy sector, the Group's core business, the government has set a target of reducing greenhouse gas emissions to net zero overall by 2050 (2050 carbon neutrality). Against this backdrop, consideration has begun of deregulation and measures to promote wider adoption with a view to making renewable energy a primary power source in the future. Interest in ESG investment is also increasing, and demand for clean energy is expected to rise further, while competition is expected to intensify as new entrants emerge.」
The market description centered on 2050 carbon neutrality, deregulation and wider adoption, making renewable energy a primary power source, and demand growth driven by ESG investment continues. Intensifying competition due to new entrants was also noted. - FY2021ReframedAnnual report
「As the number of FIT projects declines, development of business models that do not use FIT (Non-FIT) is accelerating. Among these, models such as PPA (Power Purchase Agreement) arrangements, in which a third party owns the solar power plant to reduce the initial investment, are attracting attention.」
In addition to the previous market description centered on the review of the feed-in tariff scheme and expansion of the secondary market, declining FIT projects, non-FIT projects, the PPA model and intensifying competition became key issues in the market environment. - FY2021-Q3RestatedAnnual report
「In Japan's renewable energy sector, which the Group positions as a core business, the Japanese government has set a target of reducing greenhouse gas emissions to net zero overall by 2050. To promote the active use of renewable energy, changes to the institutional framework aimed at deregulation and wider adoption are expected, and consideration has begun in the Basic Energy Plan of making renewable energy a primary power source. Social demand is expected to continue increasing further.」
The 2050 net-zero target, deregulation and wider adoption, and consideration of making renewable energy a primary power source continue to be cited as factors driving market expansion. - FY2021-Q2RestatedAnnual report
「In Japan's renewable energy sector, which the Group positions as a core business, the government has set a target of reducing greenhouse gas emissions to net zero overall by 2050. To promote the further use of renewable energy, changes to the institutional framework aimed at deregulation and wider adoption are expected, and consideration has begun in the Basic Energy Plan of making renewable energy a primary power source. Social demand is expected to continue increasing further.」
The 2050 net-zero target, deregulation and wider adoption, and consideration of making renewable energy a primary power source continue to be cited as factors driving market expansion. - FY2021-Q1ReframedAnnual report
「In Japan's renewable energy sector, the government has set a target of reducing greenhouse gas emissions to net zero overall by 2050. To promote the active use of renewable energy, changes to the institutional framework aimed at deregulation and wider adoption are expected, and consideration has begun in the Basic Energy Plan of making renewable energy a primary power source. Social demand is expected to continue increasing.」
New factors driving renewable energy market expansion were identified in addition to the previous review of the feed-in tariff scheme and the secondary market: the 2050 net-zero target, deregulation and wider adoption, and consideration of making renewable energy a primary power source. - FY2020-Q1RestatedAnnual report
「Regarding the environment surrounding the Group, the environmental businesses operated by the Company and エコ・テクノサービス are expected to see further market expansion based on infrastructure investment. Following the Ministry of Economy, Trade and Industry's review of the renewable energy feed-in tariff scheme, the淘汰 of solar power producers is progressing, while the formation of a secondary market for solar power plants is advancing.」
The淘汰 of producers against the backdrop of the review of the feed-in tariff scheme, and expectations for the formation of a secondary market for solar power plants and market expansion continue. - FY2019-Q3RestatedAnnual report
「Regarding the environment surrounding the Group, the environmental businesses operated by the Company and エコ・テクノサービス are expected to see further market expansion based on infrastructure investment. Following the Ministry of Economy, Trade and Industry's review of the feed-in tariff scheme, the selection and淘汰 of solar power producers is progressing, while the formation of a secondary market for solar power plants is advancing.」
The expectations of producer selection and淘汰 against the backdrop of the review of the feed-in tariff scheme, the formation of a secondary market for solar power plants and market expansion continue. - FY2019-Q1ReframedAnnual report
「Regarding the environment surrounding the Group, the environmental businesses operated by the Company and エコ・テクノサービス are expected to see future market expansion based on infrastructure investment. Following the Ministry of Economy, Trade and Industry's review of the feed-in tariff scheme, the selection and淘汰 of solar power producers is progressing, and the formation of a secondary market for solar power plants is advancing.」
The market description for the environmental businesses changed from listing acquisition demand for unstarted and operating power plants to focusing on the formation of a secondary market for solar power plants and the selection and淘汰 of producers. - FY2018RestatedAnnual report
「Regarding the environment surrounding the Group, the environmental businesses operated by the Company, エコ・ボンズ and エコ・テクノサービス are expected to see future market expansion based on infrastructure investment. Following the Ministry of Economy, Trade and Industry's review of the feed-in tariff scheme, the selection and淘汰 of solar power producers is progressing, demand for the acquisition of unstarted and operating solar power plants is increasing, and the formation of a secondary market is advancing.」
The review of the feed-in tariff scheme, producer selection and淘汰, demand for the acquisition of unstarted and operating power plants, and expectations for the formation of a secondary market continue to be cited. - FY2018-Q3RestatedAnnual report
「Regarding the environment surrounding the Group, the environmental businesses operated by the Company, エコ・ボンズ and エコ・テクノサービス are expected to see future market expansion based on infrastructure investment. Following the Ministry of Economy, Trade and Industry's review of the feed-in tariff scheme, the selection and淘汰 of solar power producers is progressing, demand for the acquisition of unstarted and operating solar power plants is increasing, and the formation of a secondary market is advancing.」
The expectations of producer selection and淘汰, increased demand for the acquisition of unstarted and operating power plants, the formation of a secondary market and market expansion, against the backdrop of the review of the feed-in tariff scheme, continue. - FY2018-Q2RestatedAnnual report
「Regarding the environment surrounding the Group, the environmental businesses operated by the Company, エコ・ボンズ and エコ・テクノサービス are expected to see future market expansion based on infrastructure investment. Following the Ministry of Economy, Trade and Industry's review of the feed-in tariff scheme, the selection and淘汰 of solar power producers is progressing, demand for the acquisition of unstarted and operating solar power plants is increasing, and the formation of a secondary market is advancing.」
The expectations of producer selection and淘汰, increased demand for the acquisition of unstarted and operating power plants, the formation of a secondary market and market expansion, against the backdrop of the review of the feed-in tariff scheme, continue. - FY2018-Q1RestatedAnnual report
「Regarding the environment surrounding the Group, the environmental businesses operated by the Company, エコ・ボンズ and エコ・テクノサービス are expected to see future market expansion based on infrastructure investment. Following the Ministry of Economy, Trade and Industry's review of the feed-in tariff scheme, the selection and淘汰 of solar power producers is progressing, demand for the acquisition of unstarted and operating solar power plants is increasing, and the formation of a secondary market is advancing.」
The expectations of producer selection and淘汰, increased demand for the acquisition of unstarted and operating power plants, the formation of a secondary market and market expansion, against the backdrop of the review of the feed-in tariff scheme, continue. - FY2017ReframedAnnual report
「Following the Ministry of Economy, Trade and Industry's review of the feed-in tariff scheme, the selection and淘汰 of solar power producers is progressing, demand for the acquisition of unstarted and operating solar power plants is increasing, and the formation of a secondary market is advancing. Accordingly, future market expansion based on infrastructure investment is expected.」
Operating power plants, in addition to the previously mentioned unstarted plants, are now included as targets of acquisition demand, broadening the scope of the market description. - FY2017-Q3RestatedAnnual report
「Regarding the environment surrounding the Group, the environmental businesses operated by the Company, エコ・ボンズ and エコ・テクノサービス are expected to see future market expansion based on infrastructure investment. Following the Ministry of Economy, Trade and Industry's review of the feed-in tariff scheme, the selection and淘汰 of solar power producers is progressing, demand for the acquisition of unstarted solar power plants is increasing, and the formation of a secondary market is advancing.」
The expectations of producer selection and淘汰, increased demand for the acquisition of unstarted power plants, the formation of a secondary market and market expansion, against the backdrop of the review of the feed-in tariff scheme, have been reiterated. - FY2017-Q2RestatedAnnual report
「Regarding the environment surrounding the Group, the environmental businesses operated by the Company, エコ・ボンズ and エコ・テクノサービス are expected to see future market expansion based on infrastructure investment. Following the Ministry of Economy, Trade and Industry's review of the feed-in tariff scheme, the selection and淘汰 of solar power producers is progressing, demand for the acquisition of unstarted solar power plants is increasing, and the formation of a secondary market is advancing.」
The expectations of producer selection and淘汰, increased demand for the acquisition of unstarted power plants and the formation of a secondary market, against the backdrop of the review of the feed-in tariff scheme, have been reiterated. - FY2017-Q1First statedAnnual report
「Regarding the environment surrounding the Group, the environmental businesses operated by the Company, エコ・ボンズ and エコ・テクノサービス are expected to see future market expansion based on infrastructure investment. Following the Ministry of Economy, Trade and Industry's review of the feed-in tariff scheme, the selection and淘汰 of solar power producers is progressing, demand for the acquisition of unstarted solar power plants is increasing, and the formation of a secondary market is advancing.」
Against the backdrop of the review of the feed-in tariff scheme, the external environment is described in terms of the selection and淘汰 of solar power producers, increased demand for the acquisition of unstarted power plants, the formation of a secondary market and expectations for market expansion.