New business combining electricity retailing and residential solar power generation
First written in FY2019. 6 of 8 entries say "Advanced", first in FY2020. Latest entry: FY2022-Q3.
No other company in this theme has enough history to compare yet.
- FY2022-Q3Third-party-owned solar power generation model declinesAnnual report
「The third-party-owned solar power generation model for detached houses developed in cooperation with other companies decreased 17.6% year on year. As a result, sales amounted to ¥6,120 million, down 9.9% year on year.」
The third-party-owned solar power generation model developed in cooperation with other companies has continued under a policy of expansion, but declined 17.6% year on year, while sales across the energy business decreased 9.9%. - FY2022-Q2AdvancedAnnual report
「The third-party-owned solar power generation model for detached houses developed in cooperation with other companies increased 7.7% year on year. As a result, sales amounted to ¥3,386 million, down 23.1% year on year. Operating loss amounted to ¥124 million, compared with an operating loss of ¥33 million in the same period of the previous fiscal year, as costs increased due to higher electricity procurement prices from the power market and other sources in the new electricity business, as well as expenses associated with expanding the workforce to grow the third-party-owned solar power generation model.」
The third-party-owned solar power generation model increased 7.7% year on year, and the collaborative model continued to expand. Across the energy business, however, lower revenue and an operating loss resulted from changes in the distribution structure and higher procurement prices. - FY2022-Q1AdvancedAnnual report
「The third-party-owned solar power generation model for detached houses developed in cooperation with other companies increased 30.9% year on year. As a result, sales amounted to ¥1,312 million, down 33.1% year on year. Although expenses increased as the workforce was expanded to grow the third-party-owned solar power generation model, operating income amounted to ¥35 million, compared with an operating loss of ¥80 million in the same period of the previous fiscal year, due to lower electricity procurement costs for the new electricity business.」
The third-party-owned solar power generation model increased 30.9% year on year, and the collaborative model continued to expand. The energy business posted lower revenue due to changes in the distribution structure and the application of accounting standards, but improved to operating profitability. - FY2021AdvancedAnnual report
「In addition to increased retail volumes resulting from growth in the number of contracts in the new electricity business and increased wholesale volumes to retail electricity suppliers, the third-party-owned solar power generation model for detached houses developed in cooperation with other companies began to take shape. As a result, sales in the Energy Business Division amounted to ¥10,475 million, up 14.7% from the previous fiscal year.」
The third-party-owned solar power generation model began to take shape, making the collaborative model with electricity retailing more concrete. Sales in the energy business amounted to ¥10,475 million, up 14.7% from the previous fiscal year. - FY2021-Q3AdvancedAnnual report
「Although personnel expenses and other costs increased due to an expansion of the sales workforce to promote the third-party-owned solar power generation model for detached houses, profitability in the new electricity business improved as a result of reducing the volume of electricity procured through bilateral transactions. Consequently, the business recorded operating income of ¥28 million, up 180.0% year on year.」
The sales workforce was expanded to promote the third-party-owned solar power generation model, while profitability also improved through reduced electricity procurement volumes. The energy business consequently returned to operating profitability. - FY2021-Q2AdvancedAnnual report
「Although the profitability of the new electricity business improved following the partial cancellation of bilateral procurement arrangements, personnel expenses and other costs increased significantly as staffing was expanded to promote the third-party-owned solar power generation model for detached houses developed in cooperation with other companies. As a result, the business recorded an operating loss of ¥33 million, compared with an operating loss of ¥30 million in the same period of the previous fiscal year.」
Staffing was expanded to promote the third-party-owned model combining electricity retailing and residential solar power generation. While business development became more concrete, higher personnel expenses resulted in an operating loss in the energy business. - FY2020AdvancedAnnual report
「Meanwhile, the company launched a business with another company combining solar power generation and electricity retailing, but it was not sufficient to offset the decline in revenue, and sales amounted to ¥9,132 million, down 13.9% from the previous fiscal year.」
The company launched a collaborative business with another company combining electricity retailing and solar power generation. However, it was not sufficient to offset the decline in revenue in the energy business. - FY2019First statedAnnual report
「The company is preparing a new business combining its electricity retailing business with the sale of residential solar power generation systems.」
Sanix Solar Denki Co., Ltd. is preparing a new business combining electricity retailing with the sale of residential solar power generation systems.