Declining appetite for solar installations following a review of the renewable energy feed-in tariff scheme
First written in FY2017-Q2. 10 of 22 entries say "Restated". Latest entry: FY2022.
Super Tool moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
1 other company's latest entry also says "Restated".
- FY2022RestatedAnnual report
「Although the business environment has changed as a result of revisions to the feed-in tariff scheme (FIT) and other factors, including the transition to the new Feed-in Premium (FIP) scheme,」
The company has reaffirmed the change in the renewable energy business environment resulting from the transition from FIT to FIP. - FY2022-Q2Response to FIP, including a shift to a fee-based businessAnnual report
「In addition to enhancing related products in anticipation of the transition from the feed-in tariff scheme (FIT) to the new scheme (FIP), the company sought to secure earnings by shifting to a fee-based business that leverages its expertise in the solar power generation business, and as a result, performance remained solid.」
In addition to responding to the transition from FIT to FIP, the company explicitly identifies a shift to a fee-based business leveraging its expertise in solar power generation as a measure to address regulatory changes. - FY2022-Q1Expansion of areas requiring a response in anticipation of the transition to FIPAnnual report
「Expansion of related products and other measures in anticipation of the transition from the feed-in tariff scheme (FIT) to the new scheme, FIP」
In addition to changes in the environment following revisions to and the end of FIT, the company explicitly identifies measures in anticipation of the transition from FIT to FIP. - FY2021RestatedAnnual report
「Accordingly, the company will respond to changes such as regulatory revisions, quickly identify customer needs, focus on winning orders for higher-margin projects and seek to build a more robust business structure.」
The company continues to recognize changes in the renewable energy market resulting from regulatory revisions and other factors as business headwinds. - FY2021-Q3Explicit response to regulatory and market changes following the end of FITAnnual report
「In order to respond to changes in the business environment following the end of FIT,」
In addition to its existing recognition of revisions to FIT and declining feed-in tariffs, the company explicitly identifies changes in the business environment following the end of FIT as a new area requiring a response. - FY2021-Q2RestatedAnnual report
「Amid continuing difficult business conditions and weak capital investment resulting from the impact of the COVID-19 pandemic,」
In addition to difficult conditions resulting from the regulatory and market environment for renewable energy, weak capital investment caused by the infectious disease has continued. - FY2021-Q1RestatedAnnual report
「Amid a continuing difficult business environment,」
Difficult conditions resulting from the regulatory and market environment for renewable energy have continued. - FY2020WorsenedAnnual report
「Amid increasingly difficult business conditions as a result of legal revisions,」
The company identifies legal revisions to the renewable energy system as a factor strengthening headwinds in the environmental business. - FY2020-Q3RestatedAnnual report
「Although the business environment remains difficult following revisions to the feed-in tariff scheme,」
The company explains that the difficult environment following revisions to the feed-in tariff scheme has continued. - FY2020-Q2WorsenedAnnual report
「Although the business environment is difficult, partly because of further declines in feed-in tariffs,」
The company indicates that feed-in tariffs are expected to decline further, specifying regulatory and pricing headwinds in the renewable energy sector. - FY2020-Q1WorsenedAnnual report
「With the deadline for a fundamental review of the FIT Act approaching at the end of fiscal 2020 and the market tending to stagnate, the company faces a difficult business environment.」
The company indicates that the deadline for a fundamental review of the FIT Act is approaching at the end of fiscal 2020 and that market growth is stagnating, specifying regulatory and market headwinds. - FY2019RestatedAnnual report
「The market has tended to stagnate following revisions to the renewable energy feed-in tariff scheme, resulting in a difficult business environment.」
The company has reaffirmed the market stagnation and difficult environment resulting from revisions to the FIT scheme. - FY2019-Q3WorsenedAnnual report
「Expecting further declines in feed-in tariffs」
In the renewable energy business, the company indicates that feed-in tariffs are expected to decline further, specifying the regulatory and pricing headwinds. - FY2019-Q2RestatedAnnual report
「Amid a continuing decline in willingness to adopt renewable energy following revisions to the Feed-in Tariff (FIT) scheme,」
The company has reaffirmed the regulatory risk that revisions to the FIT scheme will weaken installation interest. - FY2019-Q1RestatedAnnual report
「In the domestic market for renewable energy, which has continued to trend downward since the regulatory revisions,」
The business environment risk of market contraction following revisions to the renewable energy system has continued. - FY2018RestatedAnnual report
「Amid a difficult business environment resulting from regulatory revisions and a continuing decline in suitable sites for solar power generation,」
Difficult conditions resulting from revisions to the renewable energy system and a decline in suitable sites for projects have continued. - FY2018-Q3RestatedAnnual report
「The business environment has been placed in a difficult situation amid the impact of regulatory revisions,」
The difficult business environment resulting from revisions to the renewable energy system has continued. - FY2018-Q2WorsenedAnnual report
「Performance struggled because of declining installation interest caused by further reductions in feed-in tariffs and a decrease in suitable sites for construction.」
Further reductions in feed-in tariffs, declining installation interest and a decrease in suitable construction sites have emerged as factors behind sluggish performance in the environmental business. - FY2018-Q1WorsenedAnnual report
「As revisions to the facility certification system promote stable, long-term power generation, the company has proposed emphasizing the environmental value of renewable energy and optimal system plans.」
The company indicates that regulatory revisions have created a difficult business environment and that the market is expected to contract, with headwinds continuing in the solar-related market. - FY2017WorsenedAnnual report
「With the revision of the renewable energy feed-in tariff scheme and the launch of an auction system approaching, power generators are taking a cautious approach to constructing new large-scale solar power plants.」
The cautious approach to constructing new large-scale solar power plants has continued against the backdrop of the revised feed-in tariff scheme and the launch of the auction system. - FY2017-Q3WorsenedAnnual report
「Severe market changes resulting from a shift in energy policy, including further reductions in renewable energy feed-in tariffs」
The company explains that the solar-related market is becoming more difficult because of further reductions in feed-in tariffs and a shift in energy policy. - FY2017-Q2First statedAnnual report
「Although interest in solar power generation facilities remains, installation plans have lost the momentum seen for a time and have remained relatively firm amid, among other factors, the review of the operation of the renewable energy feed-in tariff scheme.」
The review of the feed-in tariff scheme is cited as a factor weakening the willingness to install solar power generation facilities.