Decline in Electricity Selling Prices Due to a Sharp Drop in Crude Oil and LNG Prices
First written in FY2017-Q2. 7 of 20 entries say "Worsened", first in FY2021-Q1. Latest entry: FY2025-H1.
Topy Industries,Limited moved to the "Worse" side of this theme in 2019.
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.」
Following the discontinuation of the power generation business, descriptions tracking fluctuations in electricity sales prices linked to crude oil and LNG prices and other factors as performance in the power generation segment were discontinued. - FY2024-Q3MitigatedAnnual 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.」
Although revenue fell 29.2% year on year due to the decline in the volume of electricity sold, optimisation of electricity sales prices and lower coal costs improved the operating loss from ¥802 million to ¥432 million. - FY2024-Q2MitigatedAnnual 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.」
Planned shutdowns and lower electricity demand reduced the volume of electricity sold and revenue, but optimisation of electricity sales prices improved the operating loss from ¥1,066 million to ¥639 million. - FY2024-Q1Transition from easing coal price inflation to the burden of scheduled inspections and repairsAnnual report
「Although the sharp rise in coal prices, the fuel used for power generation, eased, planned shutdowns for inspections and maintenance associated with legally required periodic inspections, in addition to the usual annual scheduled repairs, and higher repair expenses had an impact. Revenue was ¥2,663 million, down 13.8% year on year, and the operating loss was ¥761 million, compared with an operating loss of ¥557 million in the same period of the previous year.」
Although the sharp rise in coal prices eased, planned shutdowns associated with legally required periodic inspections and higher repair expenses affected revenue and the operating loss in the power generation segment. - FY2023-Q3WorsenedAnnual report
「In addition to elevated coal prices, the rise in costs resulting from the yen's depreciation caused improvements in electricity sales prices to lag behind, resulting in a more challenging business environment than anticipated. Under these circumstances, although the Company worked to optimise electricity sales prices, they failed to keep pace with rising costs, resulting in revenue of ¥14,746 million, up 132.3% year on year, and an operating loss of ¥802 million, compared with an operating loss of ¥1,463 million in the same period of the previous year.」
Higher costs due to the combination of elevated coal prices and the yen's depreciation continued to outpace improvements in electricity sales prices. The operating loss narrowed from the same period of the previous year, but the business remained in the red. - FY2023-Q2WorsenedAnnual report
「The challenging business environment continued as coal prices, the fuel used for power generation, continued to rise. Under these circumstances, although the Company worked to optimise electricity sales prices, they failed to keep pace with rising costs, resulting in revenue of ¥8,166 million, up 111.9% year on year, and an operating loss of ¥1,066 million, compared with an operating loss of ¥783 million in the same period of the previous year.」
As coal prices continued to rise, the situation in which optimisation of electricity sales prices failed to keep pace with rising costs continued. The operating loss increased from ¥783 million in the same period of the previous year to ¥1,066 million. - FY2023-Q1WorsenedAnnual report
「As the rise in coal prices, the fuel used for power generation, continued, improvements in electricity sales prices lagged behind. The challenging business environment continued, resulting in revenue of ¥3,089 million, up 118.4% year on year, and an operating loss of ¥557 million, compared with an operating loss of ¥429 million in the same period of the previous year.」
As coal prices continued to rise, improvements in electricity sales prices lagged behind, resulting in a larger operating loss than in the same period of the previous year. - FY2022-Q3WorsenedAnnual report
「The challenging business environment continued due to higher coal fuel prices, the fuel used for power generation. Under these circumstances, although the Company worked to provide a stable supply of electricity in line with its business plan, higher costs resulted in revenue of ¥6,348 million, up 15.0% year on year, and an operating loss of ¥1,463 million, compared with operating profit of ¥175 million in the same period of the previous year.」
The impact of higher coal fuel prices and increased costs continued, and the power generation business swung from operating profit in the same period of the previous year to an operating loss. - FY2022-Q2WorsenedAnnual report
「The challenging business environment continued due to a sharp rise in coal fuel prices, the fuel used for power generation. Under these circumstances, although the Company worked to provide a stable supply of electricity in line with its business plan, higher costs resulted in revenue of ¥3,854 million, up 5.7% year on year, and an operating loss of ¥783 million, compared with operating profit of ¥146 million in the same period of the previous year.」
The rise in coal fuel prices was described as a "sharp rise," and the power generation business swung from operating profit in the same period of the previous year to an operating loss. - FY2022-Q1WorsenedAnnual report
「The challenging business environment continued due to measures to curb coal-fired power generation against the backdrop of global warming concerns and higher coal fuel prices, the fuel used for power generation, among other factors.」
In addition to measures to curb coal-fired power generation, higher coal prices, the fuel used for power generation, led to a larger operating loss in the power generation business. - FY2021-Q2RestatedAnnual report
「The challenging business environment continued due to measures to curb coal-fired power generation against the backdrop of global warming concerns, intensifying price competition and other factors.」
The challenging business environment caused by measures to curb coal-fired power generation and intensifying price competition continues. - FY2021-Q1WorsenedAnnual report
「The challenging business environment continued due to measures to curb coal-fired power generation against the backdrop of global warming concerns, intensifying price competition and other factors. Under these circumstances, although the Company worked to provide a stable supply of electricity in line with its business plan, lower selling prices resulted in revenue of ¥1,353 million, down 26.5% year on year.」
The earnings factors for the power generation business were described as including, in addition to coal prices and scheduled repairs, declining revenue due to measures to curb coal-fired power generation, intensifying price competition, and lower selling prices. - FY2020-Q1Operating loss due to higher coal prices and scheduled repairsAnnual report
「In line with its business plan, the company worked to provide a stable electricity supply. Revenue was ¥1,842 million, down 8.3% year on year. Operating loss was ¥206 million, reflecting higher coal prices, the fuel used for power generation, as well as the fact that the current quarter normally includes the power plant's scheduled maintenance.」
The description of earnings factors in the power generation business changed from the previous decline in electricity sales prices caused by a sharp drop in crude oil and LNG prices to an operating loss caused by higher coal prices and scheduled repairs. - FY2019-Q2RestatedAnnual report
「The Company worked to provide a stable supply of electricity in line with its business plan. Due to higher electricity sales prices, revenue was ¥4,908 million, up 6.0% year on year.」
Although the rise in electricity sales prices continued and the impact of the risk of declining prices was contained, a decline in profit due to higher repair expenses was reported. - FY2019-Q1MitigatedAnnual report
「The Company worked to provide a stable supply of electricity in line with its business plan. Due mainly to higher electricity sales prices, revenue was ¥2,008 million, up 5.6% year on year, and operating profit was ¥117 million, up 240.3% year on year.」
The impact of the decline in electricity sales prices was reduced because higher electricity sales prices increased revenue and operating profit in the power generation business. - FY2018-Q3MitigatedAnnual report
「The Company worked to provide a stable supply of electricity in line with its business plan. Due to higher electricity sales prices resulting from fluctuations in crude oil and LNG prices and other factors, revenue was ¥7,010 million, up 13.1% year on year. Although coal prices, the fuel used for power generation, rose, operating profit was ¥708 million, up 79.0% year on year, owing to reductions in repair and other expenses.」
The impact of the risk of declining electricity sales prices was reduced because higher electricity sales prices and reductions in repair expenses and other factors increased revenue and operating profit. - FY2018-Q2MitigatedAnnual report
「The Company worked to provide a stable supply of electricity in line with its business plan. Due to higher electricity sales prices, revenue was ¥4,628 million, up 10.9% year on year. Although coal prices, the fuel used for power generation, rose, operating profit was ¥482 million, up 74.6% year on year, owing to reductions in repair and other expenses.」
The impact of the risk of declining electricity sales prices was reduced because higher electricity sales prices increased revenue and operating profit in the power generation business. - FY2018-Q1ReframedAnnual report
「Although the rise in coal prices, the fuel used for power generation, exceeded the rise in electricity sales prices, lower repair expenses resulted in revenue of ¥1,902 million, up 3.1% year on year, and operating profit of ¥34 million, compared with an operating loss of ¥22 million in the same period of the previous year.」
The decline in electricity sales prices was described as resulting not from the previous sharp drop in crude oil and LNG prices, but from the rise in coal prices exceeding the rise in electricity sales prices. - FY2017-Q3RestatedAnnual report
「The Company continued to provide a stable supply of electricity from coal-fired power generation in line with its business plan. However, due to a substantial decline in electricity sales prices following the sharp drop in crude oil and LNG prices, revenue was ¥6,199 million, down 20.7% year on year. Meanwhile, because the decline in coal prices, the fuel used for power generation, was modest, operating profit was ¥395 million, down 77.6% year on year.」
The impact of the decline in electricity sales prices following the sharp drop in crude oil and LNG prices continued, with revenue from the power generation business down 20.7% year on year and operating profit down 77.6%. - FY2017-Q2First statedAnnual report
「Due to a substantial decline in electricity sales prices following the sharp drop in crude oil and LNG prices, revenue was ¥4,174 million, down 18.1% year on year.」
The sharp drop in crude oil and LNG prices led to a substantial decline in electricity sales prices, and revenue from the power generation business decreased 18.1% year on year.