Expanding renewable energy generation and retail electricity sales
First written in FY2016. 7 of 29 entries say "Advanced", first in FY2017. Latest entry: 2026-08-07.
1 other company's latest entry also says "Advanced".
- FY2026MitigatedAnnual report
「Segment profit or loss was a loss of ¥1.8 billion (an improvement of ¥10.5 billion from the previous fiscal year), due to improved earnings following the resolution of power plant operational issues that occurred the previous year and lower amortisation expenses associated with impairment losses on biomass power generation facilities, among other factors.」
The power and renewable energy segment loss narrowed from ¥12.3 billion to ¥1.8 billion as a result of the resolution of power plant operational issues and lower amortisation expenses. - FY2026-H1MitigatedAnnual report
「Segment profit or loss was a loss of ¥700 million (an improvement of ¥5.1 billion year on year), due to the resolution of operational issues that occurred last year and lower amortisation expenses associated with impairment losses on biomass power generation facilities, among other factors.」
The power and renewable energy segment loss narrowed from ¥5.8 billion in the same period of the previous year to ¥700 million, due to the resolution of operational issues that occurred the previous year and lower amortisation expenses associated with impairment losses. - FY2025Losses widened due to operational issues and biomass feedstock costsAnnual report
「In the power and renewable energy segment, revenue was ¥127.6 billion (down 9.9% year on year), while segment profit or loss was a loss of ¥12.3 billion (a year-on-year deterioration of ¥4.7 billion), due to higher procurement costs associated with operational issues and higher biomass feedstock costs, among other factors.」
The segment loss widened from the previous fiscal year due to higher procurement costs associated with operational issues and higher biomass feedstock costs. - FY2025-H1Losses widened due to operational issues and raw material costsAnnual report
「Segment profit or loss was a loss of ¥5.8 billion (a year-on-year deterioration of ¥5.4 billion), due to higher procurement costs associated with operational issues and higher biomass feedstock costs, among other factors.」
In the power and renewable energy business, the segment loss widened due to higher procurement costs associated with operational issues and higher biomass feedstock costs. - FY2024AdvancedAnnual report
「The company has decided to enter the grid-scale battery storage business by using the sites of its former refineries. Operations are scheduled to begin in 2025, and the company will strengthen initiatives aimed at achieving a carbon-neutral society, including balancing electricity supply and demand on the power grid.」
The company decided to enter the grid-scale battery storage business using former refinery sites and indicated that operations are scheduled to begin in 2025. - FY2024-Q3Losses continued as selling prices declinedAnnual report
「Segment profit or loss was a loss of ¥2.3 billion (a year-on-year deterioration of ¥3.5 billion), as the impact of lower selling prices and other factors outweighed progress in improving earnings through initiatives centred on the supply and sale of power generated by the company.」
Although earnings improved through the supply and sale of power centred on the company's own generation capacity, the impact of lower selling prices and other factors outweighed the improvement, and the segment moved from a ¥1.1 billion profit in the same period of the previous year to a ¥2.3 billion loss. - FY2024-Q2MitigatedAnnual report
「Segment profit or loss was a loss of ¥400 million, an improvement of ¥2.4 billion year on year, despite progress in improving earnings through initiatives centered on supplying and selling electricity from in-house power sources in the power business.」
Earnings improved through supply and sales centered on in-house power sources, and the segment loss narrowed from ¥2.9 billion in the previous corresponding period to ¥400 million. However, the segment remained loss-making. - FY2024-Q1MitigatedAnnual report
「Segment profit or loss was a loss of ¥500 million, an improvement of ¥3.2 billion year on year, despite improvements in earnings from initiatives centered on supplying and selling electricity from in-house power sources in the power business.」
Earnings improved through supply and sales centered on in-house power sources, and the segment loss narrowed from ¥3.7 billion in the previous corresponding period to ¥500 million. However, the segment remained loss-making. - FY2023AdvancedAnnual report
「In Japan, commercial operations began at the Tokuyama biomass power plant, which had been under development. The company also began providing the "idemitsu CN support service" and launched initiatives to support the transition to carbon neutrality of electricity used by local governments and companies, as well as EV adoption. Overseas, a large-scale solar power plant under development in the United States was successfully completed.」
The power and renewable energy business advanced through the start of commercial operations at the Tokuyama biomass power plant, the launch of the CN support service, and the completion of a large-scale U.S. solar power plant. - FY2023-Q3MitigatedAnnual report
「Segment profit or loss was a profit of ¥1.1 billion, up ¥8.7 billion year on year, due mainly to improved earnings from initiatives centered on supplying and selling electricity from in-house power sources.」
The power and renewable energy segment improved from a loss in the previous corresponding period to a profit of ¥1.1 billion through supply and sales centered on in-house power sources. - FY2023-Q2Profitability improves but losses continueAnnual report
「Segment profit or loss was a loss of ¥2.9 billion, down ¥100 million year on year, as profitability improved in the power business through initiatives centered on supplying and selling electricity from in-house power sources, but the renewable energy business continued to post a loss.」
Profitability improved in the power business, which is centered on supply and sales from in-house power sources, but the segment as a whole remained loss-making due to the results of the renewable energy business. - FY2023-Q1Power business loss widensAnnual report
「Segment profit or loss was a loss of ¥3.7 billion, down ¥2.7 billion year on year, due mainly to higher procurement costs accompanying the rise in wholesale market prices in the power business.」
The loss in the power and renewable energy segment widened from ¥1.0 billion in the previous corresponding period to ¥3.7 billion due to higher procurement costs accompanying the rise in wholesale market prices. - FY2022AdvancedAnnual report
「Overseas, the large-scale solar power plants under development in the United States and the Philippines were successfully completed. In Southeast Asia, a growth market, the company is working not only on large-scale solar power plants but also on installing solar power facilities on the rooftops of customer facilities.」
Large-scale solar power plants in the United States and the Philippines were completed, while in Southeast Asia the company expanded into rooftop facilities at customer sites in addition to large-scale power plants. - FY2022-Q3Power business loss widensAnnual report
「Segment profit or loss was a loss of ¥7.6 billion, down ¥5.8 billion year on year, due mainly to higher procurement costs accompanying the rise in wholesale market prices in the power business.」
The loss in the power and renewable energy segment widened from ¥1.7 billion in the previous corresponding period to ¥7.6 billion. The disclosure identifies higher procurement costs accompanying the rise in wholesale market prices as a factor. - FY2022-Q1Power business moves into lossAnnual report
「Segment profit or loss was a loss of ¥1.0 billion, down ¥1.0 billion year on year, due mainly to higher costs in the power business.」
The power and renewable energy segment posted a ¥1.0 billion loss due to higher costs in the power business. - FY2021ReframedAnnual report
「In the solar cell business, we aim to achieve business growth by shifting from conventional panel sales to becoming a system integrator that sells power generation systems.」
The policy for expanding the solar business was redefined as a shift from a focus on panel sales to becoming a system integrator selling power generation systems. The 3 U.S. solar power projects were also completed. - FY2021-Q3Solar business loss widensAnnual report
「Segment profit or loss was a loss of ¥1.7 billion, down ¥1.2 billion year on year, due mainly to lower sales volume and lower selling prices in the solar business.」
The loss in the power and renewable energy segment widened year on year due to lower sales volume and lower selling prices in the solar business. - FY2021-Q2Solar business moves into lossAnnual report
「Segment profit or loss was a loss of ¥500 million, down ¥900 million year on year, due mainly to lower sales volume and lower selling prices in the solar business.」
The power and renewable energy segment posted a loss due to lower sales volume and lower selling prices in the solar business. - FY2020AdvancedAnnual report
「The company completed a mega-solar power plant in Vietnam, launched 3 solar power projects in the United States, participated in a solar power project in the Philippines, and decided to commercialize a biomass power generation business at its Tokuyama site in Japan, making steady progress in these initiatives.」
Progress was made through the completion of the Vietnam solar power plant, the launch of 3 U.S. projects, participation in a project in the Philippines, and the decision to commercialize Tokuyama biomass power generation. - FY2020-Q3RaisedAnnual report
「Total renewable energy and other power generation development capacity to reach 5 GW by 2030」
For its renewable energy and power businesses, the company set targets of total power generation development capacity of at least 5 GW by 2030, including at least 4 GW overseas, expanding the scale and overseas scope of its previous policy focused mainly on domestic growth. - FY2019-Q3RestatedAnnual report
「We will supply electricity to customers by optimizing external procurement while using our competitive in-house power sources developed in Japan as the foundation. We also have diverse renewable energy sources, including wind, solar, biomass and geothermal power, and will continue to actively develop them while offering sales plans adapted to the needs of a low-carbon society.」
The company has reaffirmed its approach of supplying electricity by combining in-house power sources with external procurement, developing diverse renewable energy sources, and offering sales plans suited to the transition to a low-carbon society. - FY2019-Q2ReframedAnnual report
「We will supply electricity to customers by optimizing external procurement while using our competitive in-house power sources developed in Japan as the foundation. We also have diverse renewable energy sources, including wind, solar, biomass and geothermal power, and will continue to actively develop them while offering sales plans adapted to the needs of a low-carbon society. In addition, we will pursue overseas gas-fired power generation, renewable energy and biomass businesses. We will also develop next-generation energy management businesses, including microgrids.」
The strategy has expanded from a policy centered on domestic renewable energy sources and retail electricity sales to an integrated new-company electricity and energy management strategy covering overseas power generation, distributed power sources and microgrids. - FY2018AdvancedAnnual report
「As part of its renewable energy initiatives, the company operates solar power plants, or mega-solar facilities, in Moji Ward, Kitakyushu, Himeji, Hyogo Prefecture, and Iwaki, Fukushima Prefecture, with total generating capacity of 15,210 kW. Its biomass power facilities in operation are Tosa Green Power Co., Ltd. (the company's equity interest: 50%; generating capacity: 6,250 kW) and Fukui Green Power Co., Ltd. (the company's equity interest: 10%; generating capacity: approximately 7,000 kW). Its wind power facility in operation is Futamata Wind Development Co., Ltd. (the company's equity interest: 40%; generating capacity: 51,000 kW).」
In addition to solar and biomass power, wind power generation is also listed as being in operation, expanding the renewable energy facilities in operation. - FY2017AdvancedAnnual report
「As part of its renewable energy initiatives using idle land, the company operates solar power plants, or mega-solar facilities, in Moji Ward, Kitakyushu, Himeji, Hyogo Prefecture, and Iwaki, Fukushima Prefecture. Its biomass power generation facilities currently in operation are Tosa Green Power Co., Ltd. (the company's equity interest: 50%; generating capacity: 6,250 kW) and Fukui Green Power Co., Ltd. (the company's equity interest: 10%; generating capacity: 7,000 kW).」
In addition to solar power plants, the Tosa and Fukui biomass power plants are listed as being in operation, indicating an expansion of operating facilities. - FY2016First statedAnnual report
「In the renewable energy business, the company is considering the development of power sources including wind, biomass, solar, and geothermal power, including binary generation, while expanding its electricity retail business through the active use of renewable energy power sources.」
The disclosure covers the operation of solar power plants, the expansion of the Moji facility, the start of operations at the Tosa power plant, and the planned start of operations at Fukui Green Power.