Declining Domestic Electricity Demand and Intensifying Price Competition in the Electricity Market
First written in FY2020-Q2. 6 of 10 entries say "Worsened", first in FY2020. Latest entry: FY2025-H1.
Topy Industries,Limited moved to the "Worse" side of this theme in 2020, 2 years after the typical company in this theme (2018).
The whole theme swung hardest in 2024: 5 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2025-H1DroppedAnnual report
「In addition, from the current interim consolidated accounting period, the reporting segment previously presented as “Power Generation” has been included in “Other” because the business was discontinued in the previous consolidated fiscal year.」
The power generation business was discontinued in the previous fiscal year, so declining domestic electricity demand and intensifying price competition in the power market were no longer described as risks to the power generation business. - FY2024-Q3WorsenedAnnual report
「Although the volume of electricity sold declined due to planned shutdowns for inspections and maintenance associated with legally required periodic inspections conducted during the first quarter and lower electricity demand this summer than in the same period of the previous year, revenue was ¥10,447 million, down 29.2% year on year. However, the operating loss improved to ¥432 million from the same period of the previous year because electricity sales prices were successfully optimised and coal costs, the fuel used for power generation, also declined.」
Electricity demand this summer was below the same period of the previous year, and scheduled shutdowns also reduced the volume of electricity sold, resulting in a 29.2% year-on-year decline in revenue in the power generation segment. - FY2024-Q2WorsenedAnnual report
「Although the volume of electricity sold declined due to planned shutdowns for inspections and maintenance associated with legally required periodic inspections and lower electricity demand this summer than in the same period of the previous year, revenue was ¥6,892 million, down 15.6% year on year. However, as electricity sales prices were successfully optimised, the operating loss improved to ¥639 million from ¥1,066 million in the same period of the previous year.」
Electricity demand this summer was below the same period of the previous year, and scheduled shutdowns also reduced the volume of electricity sold, resulting in a 15.6% year-on-year decline in revenue. - FY2022-Q1WorsenedAnnual report
「The challenging operating environment continued due to the movement to curb coal-fired power generation against the backdrop of global warming concerns, rising coal fuel prices and other factors. In this environment, we worked to ensure a stable supply of electricity in line with our business plan. Revenue was ¥1,414 million, up 4.5% year on year, while the operating loss was ¥429 million, compared with an operating loss of ¥184 million in the same period of the previous year.」
The impacts of efforts to curb coal-fired power generation and rising coal fuel prices continued, and the operating loss in the power generation business widened from the same period of the previous year. - FY2021-Q3WorsenedAnnual report
「The challenging operating environment continued due to the movement to curb coal-fired power generation against the backdrop of global warming concerns, intensifying price competition and other factors. In this environment, although we worked to ensure a stable supply of electricity in line with our business plan, revenue was ¥5,520 million, down 19.4% year on year, and operating profit was ¥175 million, down 63.3%.」
As the movement to curb coal-fired power generation and intensifying price competition continued, revenue from the power generation business fell 19.4% year on year and operating profit fell 63.3%, indicating a greater impact on results. - FY2021-Q2RestatedAnnual report
「The challenging operating environment continued due to the movement to curb coal-fired power generation against the backdrop of global warming concerns, intensifying price competition and other factors. In this environment, we worked to ensure a stable supply of electricity in line with our business plan. Revenue was ¥3,647 million, down 20.9% year on year, while operating profit was ¥146 million, up 13.2%, partly because repair costs were kept under control.」
The challenging operating environment, including lower electricity demand and intensifying price competition, continued. Revenue fell 20.9% year on year, while operating profit increased as repair costs were kept under control. - FY2021-Q1WorsenedAnnual report
「The challenging operating environment continued due to the movement to curb coal-fired power generation against the backdrop of global warming concerns, intensifying price competition and other factors.」
In addition to the existing decline in domestic electricity demand and intensifying price competition, the movement to curb coal-fired power generation against the backdrop of global warming concerns was described as a new challenging operating environment. - FY2020WorsenedAnnual report
「We worked to ensure a stable supply of electricity in line with our business plan. Amid a challenging operating environment resulting from declining demand and intensifying price competition, revenue was ¥9,326 million, down 11.7% from the previous fiscal year, and operating profit was ¥852 million, down 30.6%.」
The challenging environment driven by declining electricity demand and intensifying price competition continued, and the full-year decline in revenue and operating profit was stated. - FY2020-Q3RestatedAnnual report
「In line with its business plan, the company worked to provide a stable electricity supply. Amid a challenging business environment due to declining demand and intensifying price competition, revenue was ¥6,849 million, down 8.8% year on year, and operating income was ¥478 million, down 30.3%.」
The challenging operating environment for the power business, driven by declining demand and intensifying price competition, continued and was cited as a factor behind lower revenue and operating profit. - FY2020-Q2First statedAnnual report
「Amid a challenging operating environment resulting from declining domestic electricity demand and intensifying price competition in the power market, revenue was ¥4,609 million, down 6.1% year on year, and operating profit was ¥129 million, down 64.9%.」
Declining domestic electricity demand and intensifying price competition in the power market were described as a newly challenging operating environment, and were reflected in lower revenue and operating profit.