Risk of fluctuations in electricity supply and prices associated with high electricity consumption
First written in FY2016. 6 of 12 entries say "Restated". Latest entry: FY2026.
OSAKA Titanium technologies moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2017: 3 of 9 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The situation in the Middle East may also affect the electricity supply and tariffs, and consequently the Company's performance.」
In addition to the risks of supply restrictions and tariff fluctuations associated with high power consumption, the possibility that the situation in the Middle East could affect electricity supply and tariffs was newly disclosed. - FY2024WorsenedAnnual report
「The Company consumes large amounts of electricity in its manufacturing processes and works every day to improve the efficiency of its electricity use through equipment upgrades. However, its performance may be affected if the electricity supply is restricted or if electricity tariffs are substantially revised due to changes in power companies' generation mix, fluctuations in crude oil prices or other factors.」
Measures to improve electricity efficiency were disclosed, while higher electricity prices remained an adverse factor affecting full-year earnings. Electricity costs in manufacturing expenses were ¥8,684 million. - FY2023WorsenedAnnual report
「There were adverse factors, including higher titanium ore and electricity prices.」
Higher titanium ore and electricity prices continued to be disclosed as adverse factors affecting full-year earnings. Electricity costs in the manufacturing cost statement were ¥7,781 million, quantifying the pressure on electricity costs, including the impact of higher prices. - FY2023-Q2RestatedAnnual report
「There were adverse factors, including higher titanium ore and electricity prices.」
Higher electricity prices continued to be disclosed as an adverse factor affecting operating income and loss. No actual supply restriction was disclosed. - FY2022WorsenedAnnual report
「As also disclosed under “(1) Risks from fluctuations in demand, etc.,” Russia's invasion of Ukraine has pushed up already elevated resource and energy prices further, leaving the outlook uncertain.」
In addition to the existing risks of electricity supply restrictions and tariff fluctuations, it was disclosed that the invasion of Ukraine has pushed up resource and energy prices further. - FY2021RestatedAnnual report
「The Company's manufacturing processes consume large amounts of electricity. Accordingly, its performance may be affected if the electricity supply is restricted or if electricity tariffs are substantially revised due to changes in power companies' generation mix, fluctuations in crude oil prices or other factors.」
The risks of supply restrictions and electricity tariff fluctuations associated with high power consumption continued to be disclosed. - FY2020RestatedAnnual report
「The Company's manufacturing processes consume large amounts of electricity. Accordingly, its performance may be affected if the electricity supply is restricted or if electricity tariffs are substantially revised due to changes in power companies' generation mix, fluctuations in crude oil prices or other factors.」
The risks of supply restrictions and electricity tariff fluctuations associated with high power consumption were disclosed again. - FY2019RestatedAnnual report
「The Company's manufacturing processes consume large amounts of electricity. Accordingly, its performance may be affected if the electricity supply is restricted or if electricity tariffs are substantially revised due to changes in power companies' generation mix, fluctuations in crude oil prices or other factors.」
The risks of electricity supply restrictions and tariff fluctuations associated with high power consumption continued to be disclosed. - FY2018RestatedAnnual report
「The Company's manufacturing processes consume large amounts of electricity. Accordingly, its performance may be affected if the electricity supply is restricted or if electricity tariffs are substantially revised due to changes in power companies' generation mix, fluctuations in crude oil prices or other factors.」
The risks of supply restrictions and tariff fluctuations associated with high power consumption were disclosed again. - FY2017RestatedAnnual report
「Last October, a fire near a Kansai Electric Power high-voltage transmission tower caused a sudden, widespread power outage, including at the Kishiwada Plant. The polysilicon plant was shut down, and despite efforts to restore operations promptly, production and shipments declined.」
The risk of supply interruptions associated with high power consumption was again disclosed in the form of the polysilicon plant shutdown caused by the sudden power outage. - FY2017-Q3MaterialisedAnnual report
「Last October, a fire near a Kansai Electric Power high-voltage transmission tower caused a sudden, widespread power outage, including at the Kishiwada Plant. The polysilicon plant was shut down, and despite efforts to restore operations promptly, production and shipments declined.」
The electricity supply risk associated with high power consumption materialized as a sudden power outage caused by a fire and the shutdown of the polysilicon plant. - FY2016First statedAnnual report
「The Company's manufacturing processes consume large amounts of electricity. Accordingly, its performance may be affected if the electricity supply is restricted or if electricity tariffs are substantially revised due to changes in power companies' generation mix, fluctuations in crude oil prices or other factors.」
Restrictions on electricity supply and substantial revisions to electricity tariffs are identified as major risks.