Declining solar power generation due to weather, natural disasters and equipment failures
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2017.
The whole theme swung hardest in 2018: 3 of 8 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「The smart energy business may be affected by insufficient power generation due to adverse weather, equipment damage caused by natural disasters and other factors, and insufficient or declining performance due to malfunctions and deterioration over time. It may also be affected if equipment becomes difficult to maintain following major equipment failures, if power generation declines during the procurement and replacement of equipment, or if an electric utility’s distribution network is damaged by natural disasters or human causes.」
The company continues to identify risks including lower power generation due to weather, natural disasters, equipment failures, equipment procurement issues and damage to power distribution networks. - FY2016First statedAnnual report
「The smart energy business may be affected by insufficient power generation due to adverse weather, equipment damage caused by natural disasters and other factors, and insufficient or declining performance due to malfunctions and deterioration over time. It may also be affected if equipment becomes difficult to maintain following major equipment failures, if power generation declines during the procurement and replacement of equipment, or if an electric utility’s distribution network is damaged by natural disasters or human causes.」
The company lists multiple business risks relating to power generation, equipment maintenance, equipment procurement and power distribution networks.