Uncertainty Surrounding Electricity System Reform and Changes in Laws and Regulations
First written in FY2020. 1 of 3 entries say "Restated". Latest entry: FY2025.
Enechange moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2024: 5 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2025ReframedAnnual report
「The company recognizes that failure to adapt quickly to changes in the trading market or unexpected institutional design could affect the group's operating results and financial position.」
The company identified the Seventh Strategic Energy Plan, the simultaneous market, and the full-scale introduction of carbon pricing as new institutional changes, specifying delays in implementation and uncertainty over institutional design as risks. - FY2021RestatedAnnual report
「These institutional changes are measures intended to strengthen fairness in the market's competitive environment and promote market revitalization, and the company considers them a tailwind for the group. However, if regulatory deregulation or institutional reforms affecting this business environment do not proceed as planned, or if laws and regulations are changed in an unexpected manner, this could affect the group's operating results and financial position.」
While viewing institutional reforms, including promoting the use of electricity data and distributed power generation, as opportunities, the company continues to identify implementation delays and unexpected regulatory changes as risks. - FY2020First statedAnnual report
「However, if regulatory deregulation or institutional reforms affecting this business environment do not proceed as planned, or if laws and regulations are changed in an unexpected manner, this could affect the group's operating results and financial position.」
While viewing institutional reforms as a tailwind, the company identifies delays in their implementation and unexpected regulatory changes as risks.