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Klass (6233) · RiskMitigated

Deteriorating Solar Business Environment Due to Feed-in Tariff Price Cuts

First written in FY2018. 2 of 6 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2020.

6entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2019-Q1 – FY2019-Q2RestatedFY2019-Q3MitigatedFY2019 – FY20202018: 12019: 420192020: 12020
Same theme, other companies
Changes in Renewable Energy Policy and FIT SchemeA theme 38 companies write about · 49 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 5 of 14 companies on the "Worse" side.

4 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 38 companies compared. The sentences above are computed from all 38.
Full recordFilings, disclosures and news, newest first
  1. FY2020MitigatedAnnual report

    「Although electricity purchase prices continued to decline, we steadily secured orders for small-scale industrial solar projects using idle real estate, and sales amounted to ¥351 million, up 2.7% year on year.」

    Amid continued declines in feed-in tariff prices, sales increased 2.7% year on year through expansion into small-scale industrial projects, and the full-year effect of measures addressing the deteriorating environment was confirmed.
  2. FY2019MitigatedAnnual report

    「Amid continued reductions in electricity purchase prices, which made it difficult to secure orders for large-scale solar power generation system projects, the company focused on proposing small-scale industrial solar installations using idle real estate and selling peripheral equipment such as storage batteries and IH systems. As a result, it was able to halt the decline in sales.」

    Although the impact of lower purchase prices continues, the company halted the decline in sales by expanding into small-scale projects and peripheral equipment.
  3. FY2019-Q3RestatedAnnual report

    「Although lower electricity purchase prices had an impact, permits and approvals for equipment installation, which had been delayed, progressed, and sales advanced.」

    The impact of lower electricity purchase prices continues, while sales advanced as permits and approvals progressed.
  4. FY2019-Q2MaterialisedAnnual report

    「Sales in the Solar Energy segment stagnated because of the impact of lower electricity purchase prices and the prolonged period required to obtain permits and approvals for equipment installation.」

    In addition to the impact of lower feed-in tariff prices, the lengthening approval period for equipment installation also materialized as stagnant sales.
  5. FY2019-Q1MaterialisedAnnual report

    「Sales in the Solar Energy segment declined because of lower electricity purchase prices.」

    The impact of lower purchase prices under the feed-in tariff system emerged as a decline in Solar Energy segment sales during the quarter.
  6. FY2018First statedAnnual report

    「The lower purchase price for electricity generated by solar power under the renewable energy feed-in tariff system made the sales environment for solar power generation systems more difficult.」

    The report states that the deterioration in the sales environment for the solar energy business materialized as a risk during the period.
Moved together

"Expansion of Addressable Markets Through the Use of Core Technologies" moved the same way as this thread, in the same document, in 2 of its 6 moves.

2222★1234
  1. ★This thread
  2. 1Expansion of Addressable Markets Through the Use of Core Technologies2×
  3. 2Expanding the Business Scope through Specialty-Function Tatami Mats, Renovations and Content2×
  4. 3Solar Energy Business and Company-Owned Utility-Scale Solar Power Plants2×
  5. 4Quarterly earnings fluctuations caused by delays in revenue recognition for orders received2×

★ 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.

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Deteriorating Solar Business Environment Due to Feed-in Tariff Price Cuts | KLASS Corporation (6233) | Komori