Standardisation following the unbundling of power generation and transmission, and competition across regions
First written in FY2017. 10 of 18 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2019: 1 of 11 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「In the power industry, a major customer of the Company, investment in the expansion and renewal of transmission and distribution facilities to ensure a stable electricity supply is expected to continue, against a backdrop of increased electricity demand resulting from the expanded adoption of renewable energy and the construction of new facilities such as data centres.」
The outlook that investment in the expansion and renewal of transmission and distribution facilities will continue was reaffirmed, against a backdrop of increased electricity demand resulting from the expanded adoption of renewable energy and the construction of new facilities such as data centres. - FY2026Midpoint of the revenue cap regime's regulatory period and expected increase in electricity demandAnnual report
「The power industry, a major customer of the Company, is at the midpoint of the first regulatory period under the revenue cap system. However, power demand is expected to increase going forward, partly due to the construction and expansion of data centers and semiconductor plants.」
The revenue cap regime has progressed from the introduction stage to the midpoint of its first regulatory period, and an outlook for increased electricity demand was indicated in addition to progress in the regulatory environment. - FY2025RestatedAnnual report
「In the power industry, a major customer of the Company, the revenue cap regime (new transmission charge regime) has been introduced with the aim of promoting cost efficiency while securing the investment needed to accommodate the expanded adoption of renewable energy and address the aging of transmission and distribution facilities.」
Following the introduction of the revenue cap regime, transformation in the power industry continues, involving the adoption of renewable energy, measures to address aging transmission and distribution facilities, securing investment, and improving cost efficiency. - FY2025-H1RestatedAnnual report
「In the power industry, a major customer of the Company, the revenue cap regime (new transmission charge regime) has been introduced since last year with the aim of promoting cost efficiency while securing the investment needed to accommodate the expanded adoption of renewable energy and address the aging of transmission and distribution facilities built during the period of rapid economic growth.」
Following the introduction of the revenue cap regime, regulatory transformation in the power industry continues, involving the adoption of renewable energy, measures to address aging transmission and distribution facilities, securing investment, and improving cost efficiency. - FY2024RestatedAnnual report
「The power industry, one of our major customers, is entering a period of major transformation, including the introduction of the revenue-cap system (new wheeling charge system) from the current fiscal year.」
The recognition that the industry of the Company's customers is undergoing transformation due to power-sector regulatory reform, including the introduction of the revenue cap regime following the unbundling of power generation and transmission, continues. - FY2024-Q3RestatedAnnual report
「The revenue cap regime (new transmission charge regime) was introduced in the power industry, a major customer of the Company, from the current fiscal year, bringing the industry into a period of major transformation.」
The recognition that the power industry, where the revenue cap regime has been introduced, is in a period of major transformation continues. - FY2024-Q2RestatedAnnual report
「The revenue cap regime (new transmission charge regime) was introduced in the power industry, a major customer of the Company, from the current fiscal year, bringing the industry into a period of major transformation.」
As in the previous quarter, the power industry, where the revenue cap regime has been introduced, is described as being in a period of major transformation. - FY2024-Q1AdvancedAnnual report
「The revenue-cap system (new wheeling charge system) was introduced in the current fiscal year in the power industry, one of our major customers, which is entering a period of major transformation.」
The revenue cap regime, which was described in FY2023 as scheduled for introduction from FY2023, has been introduced from the current fiscal year. Power-sector regulatory changes following the unbundling of power generation and transmission have progressed to the implementation stage. - FY2023New regulatory framework addedAnnual report
「The power industry, one of our major customers, is entering a period of major transformation as electricity-system reforms have brought about the full liberalization of retail electricity sales and the legal separation of the power generation and transmission businesses, and as the revenue-cap system (new wheeling charge system) is being introduced from fiscal 2023.」
In addition to the regulatory environment following implementation of the legal unbundling of the power generation and transmission divisions, the introduction of a revenue cap regime from FY2023 was indicated. The description of changes in the regulatory environment affecting the power industry has been expanded. - FY2021RestatedAnnual report
「In the power industry, the legal unbundling of the power generation and transmission divisions began in April 2020, energy conservation initiatives were promoted, materials procurement was reviewed, and repair expenses were reduced, while transaction volumes declined.」
The legal unbundling of the power generation and transmission divisions since April 2020 is described as having been implemented, followed by a decline in transaction volumes and reviews of materials procurement and repair expenses. - FY2021-Q1RestatedAnnual report
「Since April 2020, the power industry has implemented the legal unbundling of its power generation and transmission divisions and has been reviewing materials procurement and repair expenses.」
The implementation of the legal unbundling of the power generation and transmission divisions since April 2020 continues to be stated in the first-quarter report. - FY2020Legal unbundling implementedAnnual report
「The power industry, a major customer of the Company, has undergone the legal unbundling of its power generation and transmission divisions since April 2020 and is undergoing major change.」
The wording changed from a description of the planned implementation or pre-implementation status to a description stating that the legal unbundling of the power generation and transmission divisions had been implemented since April 2020. - FY2020-Q3RestatedAnnual report
「In the power industry, the legal separation of the power generation and transmission businesses is scheduled for 2020. As energy conservation initiatives and electricity-system reforms progress, a comprehensive review of materials procurement and reductions in repair costs have been undertaken, while both selling prices and volumes have declined.」
The planned legal unbundling of the power generation and transmission divisions in 2020 remains stated, and the recognition that the power industry is undergoing major change, including changes in product specifications and the competitive environment as power system reform progresses, continues. - FY2020-Q2RestatedAnnual report
「In the power industry, with the legal separation of the power generation and transmission businesses scheduled for 2020 and energy conservation initiatives and electricity-system reforms progressing, a comprehensive review of materials procurement and reductions in repair costs have been undertaken, while both selling prices and volumes have declined.」
The planned legal unbundling of the power generation and transmission divisions in 2020 continues to be stated. There has been no substantive change from the timeframe indicated in the previous full-year report and the first-quarter report. - FY2020-Q1SoftenedAnnual report
「The power industry is undergoing major change as power system reform progresses, including the implementation of the legal unbundling of the power generation and transmission divisions in 2020.」
The planned implementation of the legal unbundling of the power generation and transmission divisions in 2020 remains unchanged, but the month-specific timing of “April 2020” stated in the previous full-year report is no longer included, making the wording less specific. - FY2019Timing of the unbundling of power generation and transmission specifiedAnnual report
「The power industry is undergoing major change as power system reform progresses, with the legal unbundling of the power generation and transmission divisions scheduled for April 2020.」
The wording changed from the previous expression, “2 years from now,” to a specific implementation timeframe, stating that the legal unbundling of the power generation and transmission divisions was scheduled for April 2020. - FY2018The unbundling of power generation and transmission is approachingAnnual report
「In particular, the unbundling of power generation and transmission scheduled for 2 years from now is expected to result in standardised product specifications and competition across regions.」
The timeframe changed from “3 years from now” in the previous fiscal year to “2 years from now,” while standardisation and competition across regions associated with the unbundling of power generation and transmission continue to be identified as risks. - FY2017First statedAnnual report
「In particular, the unbundling of power generation and transmission scheduled for 3 years from now is expected to result in standardised product specifications and competition across regions.」
As power system reform progresses, the unbundling of power generation and transmission scheduled for 3 years from now was identified as a risk, owing to standardised product specifications and competition across regions.