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Corona (5909) · InitiativeRestated

Launch of Models Designed for Electricity Retail Deregulation and Peak Demand Reduction

First written in FY2017-Q1. 5 of 11 entries say "Restated". Latest entry: FY2024-Q2.

11entries
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q2RestatedFY2020-Q1AdvancedFY2021 – FY20222016: 220162017: 420172018: 020182019: 220192020: 020202021: 120212022: 120222023: 12023
Same theme, other companies
Deployment of equipment addressing electricity retail liberalization and peak suppressionA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2024-Q2RestatedAnnual report

    「EcoCute products with improved energy efficiency and comfort, including integration with Corona Comfortable Home App to use surplus solar-generated electricity, and」

    It continues to promote the integration of EcoCute with Corona Comfortable Home App to use surplus solar-generated electricity as part of its sales activities.
  2. FY2022AdvancedAnnual report

    「For the EcoCute natural-refrigerant CO2 residential heat-pump water heater, we newly added Solar Mode App to the dedicated smartphone app Corona Comfortable Home App, enabling automatic optimization of water-heating operation based on cloud weather forecasts and the use of surplus solar-generated electricity without requiring the installation of a HEMS.」

    The use of surplus solar-generated electricity has taken concrete form in Solar Mode App, which operates automatically based on cloud weather forecasts without requiring a HEMS.
  3. FY2021AdvancedAnnual report

    「A model that enabled more active self-consumption of generated electricity by increasing the maximum proportion of hot-water heating conducted during the day from the previous 50% to 80%.」

    Measures to reduce peaks and use surplus solar-generated electricity have taken concrete form in Solar Mode Plus, which allows up to 80% of water heating to take place during the daytime.
  4. FY2020-Q1RestatedAnnual report

    「As a result of promoting functions that actively use surplus solar-generated electricity, sales exceeded those in the same quarter of the previous year, and residential equipment overall also exceeded the same quarter of the previous year.」

    It continues to promote the function of using surplus solar-generated electricity as a selling point for EcoCute.
  5. FY2019AdvancedAnnual report

    「The Company equipped all EcoCute models with a Solar Mode function that enables even households without HEMS to consume generated electricity themselves in a simple way. When the next day's forecast is sunny, users can manually reduce part of nighttime operation and run EcoCute during the following day using electricity generated by solar power.」

    In addition to the existing functions for reducing peaks in electricity consumption and lowering electricity costs, it equipped all models with a solar mode that uses solar-generated electricity for self-consumption.
  6. FY2018-Q2RestatedAnnual report

    「The Company's core product, EcoCute, exceeded the same quarter of the previous year, as the Company highlighted its industry-leading energy efficiency and peak electricity consumption suppression functions and worked to propose combinations with other products.」

    It continues to promote EcoCute's peak-demand reduction function and performance that contributes to lower electricity costs as selling points.
  7. FY2018-Q1AdvancedAnnual report

    「The Company's core product, EcoCute, exceeded the same quarter of the previous year after the Company introduced a model with improved functions for suppressing peak electricity consumption and reducing electricity costs, worked to propose combinations with other products, and benefited from a recovery in new housing starts.」

    The Company introduced an EcoCute model with improved functions for suppressing peak electricity consumption and reducing electricity costs.
  8. FY2017AdvancedAnnual report

    「For NeoCute heat-pump water heaters designed for smaller households, we developed 2 models equipped with functions that flexibly accommodate increasingly diverse electricity rate plans in line with the liberalization of retail electricity sales that began on 1 April 2016.」

    The response to retail electricity liberalization has taken concrete form in the development of 2 models equipped with functions that flexibly accommodate electricity rate plans.
  9. FY2017-Q3RestatedAnnual report

    「For EcoCute, our core product, we highlighted its industry-leading energy-saving performance and compatibility with retail electricity liberalization, pursued expanded sales through bundled proposals with other products, and exceeded the same quarter of the previous year.」

    It continues to address retail electricity liberalization as part of its sales promotion for EcoCute and its bundled proposals.
  10. FY2017-Q2RestatedAnnual report

    「For EcoCute, its flagship product, we promote its industry-leading energy efficiency and compatibility with the liberalization of retail electricity sales, while working to expand sales through bundled proposals with other products,」

    It continues to address retail electricity liberalization as part of its sales promotion for EcoCute and its bundled proposals.
  11. FY2017-Q1First statedAnnual report

    「We launched models equipped with a function for setting new electricity rate plans in response to the liberalization of retail electricity sales, as well as a function for reducing peaks in electricity consumption, and」

    As a response to the liberalization of retail electricity sales, it describes for the first time in concrete terms the launch of models equipped with functions for setting rate plans and reducing peaks in electricity consumption.
Moved together

"Expansion of the Residential Equipment Business in Response to Environmental and Energy Changes" moved the same way as this thread, in the same document, in 5 of its 11 moves.

555433★123456
  1. ★This thread
  2. 1Expansion of the Residential Equipment Business in Response to Environmental and Energy Changes5×
  3. 2Development of One-of-a-Kind and First-of-Their-Kind Products5×
  4. 3Improved Energy-Saving and Environmental Performance5×
  5. 4Strengthening growth businesses through sales capabilities and sales strategies4×
  6. 5Transforming Manufacturing Capabilities and Maximizing Productivity3×
  7. 6Use of Retained Earnings for Research and Development, Product Development and Capital Investment3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Corona's next results are scheduled for 2026-10-29. Read the earnings preview
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Launch of Models Designed for Electricity Retail Deregulation and Peak Demand Reduction | CORONA CORPORATION (5909) | Komori