Future risks from concentration in and heavy reliance on the electricity sector
First written in FY2021-Q2. 3 of 4 entries say "Restated". Latest entry: FY2023-Q2.
The whole theme swung hardest in 2025: 22 of 57 companies on the "Worse" side.
47 other companies' latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「Institutional investors are directing substantial funds toward ESG investment not only in Europe and the United States but also in Japan, making efforts to address the SDGs increasingly important for companies, while competition is expected to intensify as a result of new entrants and other factors.」
The Company continues to identify intensifying competition due to the increasing number of new entrants into the renewable energy sector as a future risk associated with concentration in that sector. - FY2022RestatedAnnual report
「While positioning the renewable energy business at the center of our business operations, we recognize that specializing in this business could, amid the intensifying competition expected in the future, represent both an opportunity and a risk.」
The Company continues to explain that, while renewable energy remains central, specialization in and concentration on that business also poses a risk amid intensifying competition. - FY2021-Q3RestatedAnnual report
「However, in order to achieve sustainable corporate growth, we believe that specializing in and concentrating on power-related fields could become a future risk due to the excessive competition expected in the years ahead, and we have considered the need to establish a third business pillar at an early stage.」
The Company continues to state that it views specialization in and concentration on the power sector as a future risk and explains the need to establish a third business pillar. - FY2021-Q2First statedAnnual report
「However, in order to achieve sustainable corporate growth, we believe that specializing in and concentrating on power-related fields could become a future risk due to the excessive competition expected in the years ahead,」
The Company has stated for the first time that specializing in and concentrating on power-related fields poses a risk of leading to excessive competition expected in the future.