Shift from mega-solar projects to regional power sales and electricity retailing
First written in FY2016. 16 of 31 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-14.
2 other companies' latest entry also says "Worsened".
- 2026-08-14WorsenedResults
「増収となりましたが、仕入単価の増加により、減益となりました。」
電力小売事業では仕入単価の上昇が利益面に表れた。 - FY2026AdvancedAnnual report
「In the environmental business, we mainly operate an electricity retail business. Revenue declined, but lower procurement unit costs resulted in profit growth. Accordingly, revenue was ¥2,014 million (84.7% of the prior fiscal year) and segment profit was ¥303 million (156.2% of the prior fiscal year).」
Continued to operate mainly in electricity retail, with lower procurement unit costs resulting in segment profit of ¥303 million, or 156.2% of the prior fiscal year, despite lower revenue. - FY2026-H1AdvancedAnnual report
「In the environmental business, we mainly operate an electricity retail business. Revenue declined, but lower procurement unit costs resulted in profit growth. Accordingly, revenue was ¥1,015 million (81.6% of the prior-year period) and segment profit was ¥158 million (148.1% of the prior-year period).」
While continuing to expand mainly through the electricity retail business, lower procurement unit costs resulted in segment profit reaching 148.1% of the prior-year period despite lower revenue. - FY2025-H1Lower profit due to higher procurement unit costsAnnual report
「In the environmental business, we mainly operate an electricity retail business. Revenue increased, but higher procurement unit costs resulted in lower profit. Accordingly, revenue was ¥1,244 million (101.5% of the prior-year period) and segment profit was ¥106 million (38.2% of the prior-year period).」
Continued to operate mainly in electricity retail, but higher procurement unit costs resulted in revenue growth and lower profit, with segment profit declining to 38.2% of the prior-year period. - FY2024-Q3AdvancedAnnual report
「In the environmental business, we mainly operate an electricity retail business. Revenue declined, but lower procurement unit costs resulted in profit growth. Accordingly, revenue was ¥1,807 million (91.9% of the prior-year period) and segment profit was ¥364 million (513.8% of the prior-year period).」
Continued to expand mainly through the electricity retail business. Although revenue declined due to lower procurement unit costs, segment profit was ¥364 million, or 513.8% of the prior-year period. - FY2024-Q2AdvancedAnnual report
「In the environmental business, we mainly operate an electricity retail business. Revenue declined, but lower procurement unit costs resulted in profit growth. Accordingly, revenue was ¥1,226 million (97.7% of the prior-year period) and segment profit was ¥279 million (1,232.0% of the prior-year period).」
Continued to operate mainly in electricity retail, with lower procurement unit costs resulting in segment profit of ¥279 million, or 1,232.0% of the prior-year period. This also improved from profit of ¥152 million in the previous quarter. - FY2024-Q1AdvancedAnnual report
「In the environmental business, we mainly operate an electricity retail business. Revenue declined, but lower procurement unit costs resulted in profit growth. Accordingly, revenue was ¥514 million (85.3% of the prior-year period) and segment profit was ¥152 million (compared with a ¥57 million loss in the prior-year period).」
Continued to operate mainly in electricity retail, with revenue declining to 85.3% of the prior-year period, while lower procurement unit costs resulted in a shift from a ¥57 million loss in the prior-year period to profit of ¥152 million. - FY2023-Q3AdvancedAnnual report
「In the environmental business, we mainly operate an electricity retail business. Higher selling prices resulted in revenue and profit growth. Accordingly, revenue was ¥1,966 million (116.6% of the prior-year period) and segment profit was ¥70 million (compared with a ¥11 million loss in the prior-year period).」
Continued to operate mainly in electricity retail, with higher selling prices driving revenue to 116.6% of the prior-year period and segment profit turning from a loss in the prior-year period to a profit of ¥70 million. - FY2023-Q2Revenue growth and a return to profitability, but lower profit year on yearAnnual report
「In the environmental business, we mainly operate an electricity retail business. Higher selling prices resulted in revenue growth, but higher procurement unit costs resulted in lower profit. Accordingly, revenue was ¥1,255 million (117.4% of the prior-year period) and segment profit was ¥22 million (29.0% of the prior-year period).」
Continued to expand mainly through the electricity retail business, with higher selling prices resulting in revenue growth. Profit declined year on year due to higher procurement unit costs, but the business returned to profit from the segment loss in FY2023-Q1. - FY2023-Q1Returned to a loss as higher procurement unit costs outweighed higher selling pricesAnnual report
「In the environmental business, we mainly operate an electricity retail business. Higher selling prices resulted in revenue growth, but higher procurement unit costs resulted in lower profit. Accordingly, revenue was ¥602 million (132.2% of the prior-year period) and segment loss was ¥57 million (compared with profit of ¥64 million in the prior-year period).」
Continued to operate mainly in electricity retail. Higher selling prices increased revenue, while higher procurement unit costs resulted in a shift from profit of ¥64 million in the prior-year period to a loss of ¥57 million. - FY2022-Q3Returned to a loss due to higher unit procurement costsAnnual report
「In the environmental business, we mainly operate an electricity retail business. With the acquisition of new customers, revenue was ¥1,686 million (103.1% of the prior-year period), while higher unit procurement costs and other factors resulted in a segment loss of ¥11 million (compared with profit of ¥109 million in the prior-year period).」
Revenue reached 103.1% of the prior-year period due to the acquisition of new customers, while higher unit procurement costs and other factors resulted in a shift from profit in the prior-year period to a ¥11 million loss. - FY2022-Q2Revenue growth but lower profit amid new-customer acquisitionAnnual report
「In the environmental business, we mainly operate an electricity retail business. With the acquisition of new customers, revenue was ¥1,068 million (101.0% of the prior-year period) and segment profit was ¥78 million (66.6% of the prior-year period).」
Continued to operate mainly in electricity retail and acquire new customers, with revenue reaching 101.0% of the prior-year period. Segment profit, however, declined to 66.6% of the prior-year period. - FY2022-Q1AdvancedAnnual report
「In the environmental business, we mainly operate an electricity retail business. With the acquisition of new customers, revenue was ¥456 million (99.5% of the prior-year period) and segment profit was ¥64 million (401.9% of the prior-year period).」
Continued to operate mainly in electricity retail, with segment profit reaching 401.9% of the prior-year period against the backdrop of new-customer acquisition. - FY2021Lower revenue and profit due to higher electricity procurement costsAnnual report
「In the environmental business, we mainly operate an electricity retail business. From December 2020 onward, electricity procurement costs rose due to the surge in JEPX spot market prices caused by increased electricity demand during a cold spell and other factors, resulting in lower revenue and profit. Accordingly, revenue was ¥2,266 million (97.3% of the prior fiscal year) and segment loss was ¥704 million (compared with profit of ¥147 million in the prior fiscal year).」
While continuing to operate mainly in electricity retail, procurement costs rose due to the surge in JEPX spot market prices from December 2020 onward, resulting in a shift from segment profit to a ¥704 million loss. - FY2021-Q2Continued revenue declines and profit growth amid the impact of the pandemicAnnual report
「In the environmental business, we mainly operate an electricity retail business. Despite the impact of COVID-19, a review of the power procurement mix and other measures resulted in profit growth despite lower revenue. Accordingly, revenue was ¥1,058 million (88.1% of the prior-year period) and segment profit was ¥117 million (174.6% of the prior-year period).」
While continuing to operate mainly in electricity retail, revenue declined due to the impact of COVID-19, but profit growth continued through a review of the power procurement mix and other measures. - FY2021-Q1Lower revenue and profit due to sluggish new-customer acquisitionAnnual report
「In the environmental business, we mainly operate an electricity retail business. Due to sluggish new-customer acquisition and other factors, revenue was ¥458 million (80.9% of the prior-year period) and segment profit was ¥15 million (39.5% of the prior-year period).」
While continuing the electricity retail business, revenue declined to 80.9% of the prior-year period and segment profit declined to 39.5% due to sluggish new-customer acquisition and other factors. - FY2020-Q3Continued profit growth through a review of power procurement amid sluggish customer acquisition and customer attritionAnnual report
「In the environmental business, we mainly operate an electricity retail business. Despite sluggish new-customer acquisition and the loss of existing customers, a review of the power procurement mix and other measures resulted in profit growth despite lower revenue. Accordingly, revenue was ¥1,769 million (77.1% of the prior-year period) and segment profit was ¥103 million (230.3% of the prior-year period).」
While sluggish new-customer acquisition and the loss of existing customers continued, a review of the power procurement mix and other measures resulted in segment profit reaching 230.3% of the prior-year period despite lower revenue. - FY2020-Q2Profit growth through a review of the power procurement mix amid sluggish customer acquisition and customer attritionAnnual report
「In the environmental business, we mainly operate an electricity retail business. Despite sluggish new-customer acquisition and the loss of existing customers, a review of the power procurement mix and other measures resulted in profit growth despite lower revenue. Accordingly, revenue was ¥1,201 million (75.7% of the prior-year period) and segment profit was ¥67 million (413.1% of the prior-year period).」
While continuing the electricity retail business, we faced sluggish new-customer acquisition and the loss of existing customers. A review of the power procurement mix and other measures resulted in segment profit reaching 413.1% of the prior-year period despite lower revenue. - FY2019-Q3AdvancedAnnual report
「In the environmental business, we mainly operate an electricity retail business. The acquisition of new customers and other factors resulted in revenue of ¥2,292 million (138.5% of the prior-year period) and segment profit of ¥44 million (108.9% of the prior-year period).」
Continued the electricity retail business, with revenue reaching 138.5% of the prior-year period and segment profit reaching 108.9% due to the acquisition of new customers and other factors. - FY2019-Q2AdvancedAnnual report
「In the environmental business, we mainly operate an electricity retail business. The acquisition of new customers and other factors resulted in revenue of ¥1,585 million (133.9% of the prior-year period) and segment profit of ¥16 million (60.8% of the prior-year period).」
Revenue from the electricity retail business reached 133.9% of the prior-year period due to the acquisition of new customers and other factors. Segment profit, however, declined to 60.8% of the prior-year period. - FY2019-Q1AdvancedAnnual report
「In the environmental business, we mainly operate an electricity retail business. The acquisition of new customers and other factors resulted in revenue of ¥638 million (111.2% of the prior-year period) and segment profit of ¥47 million (78.4% of the prior-year period).」
Continued to expand mainly through the electricity retail business, with revenue reaching 111.2% of the prior-year period due to the acquisition of new customers. Segment profit, however, was below the prior-year period. - FY2018RestatedAnnual report
「In the environmental business, we mainly operate an electricity retail business. The termination of transactions with major customers and other factors resulted in revenue of ¥2,286 million (98.1% of the prior fiscal year) and segment profit of ¥38 million (85.4% of the prior fiscal year).」
Continued to operate mainly in electricity retail after separating the mega-solar business, but revenue and profit declined due to the termination of transactions with major customers and other factors. - FY2018-Q3AdvancedAnnual report
「In the environmental business, we mainly operate an electricity retail business. Despite the termination of a transaction with a major customer, the impact of stability in the wholesale electricity trading market and other factors resulted in revenue of ¥1,655 million (98.5% of the prior-year period) and segment profit of ¥41 million (compared with a ¥0 million loss in the prior-year period).」
Continued to expand mainly through the electricity retail business. Revenue declined following the termination of a transaction with a major customer, while segment profit became a profit of ¥41 million, compared with a loss in the prior-year period. - FY2018-Q2AdvancedAnnual report
「In the environmental business, we mainly operate an electricity retail business. The increase in electricity supplied, stability in the wholesale electricity trading market and other factors resulted in revenue of ¥1,183 million (102.2% of the prior-year period) and segment profit of ¥26 million (compared with a ¥0 million loss in the prior-year period).」
Continued to expand mainly through the electricity retail business. Revenue was 102.2% of the prior-year period, while segment profit turned from a loss in the prior-year period to a profit of ¥26 million. - FY2018-Q1Electricity retail business returned to profitability despite the loss of a major customerAnnual report
「In the environmental business, we mainly operate an electricity retail business focused on renewable energy. Despite the loss of a major customer, the impact of stability in the wholesale electricity trading market and other factors resulted in revenue of ¥573 million (93.2% of the prior-year period) and segment profit of ¥61 million (compared with a ¥10 million loss in the prior-year period).」
Continued to operate mainly in electricity retail after separating the mega-solar business. Revenue declined following the loss of a major customer, while segment profit turned positive from a loss in the prior-year period. - FY2017-Q3AdvancedAnnual report
「The environmental business is primarily engaged in electricity retailing centered on renewable energy. As electricity supply volumes increased, revenue from electricity retailing rose by ¥897 million year on year. However, following the separation of the mega-solar business in the previous fiscal year, revenue was ¥1,901 million (118.9% year on year), and the segment loss was ¥0 million (versus segment profit of ¥270 million in the same period of the previous year).」
Continued to expand mainly in electricity retail after separating the mega-solar business, with revenue from this business increasing by ¥897 million year on year. - FY2017-Q2AdvancedAnnual report
「The environmental business is primarily engaged in electricity retailing centered on renewable energy. As electricity supply volumes increased, revenue from electricity retailing rose by ¥768 million year on year. However, following the separation of the highly profitable mega-solar business in the previous fiscal year, revenue was ¥1,303 million (135.4% year on year), and the segment loss was ¥0 million (versus segment profit of ¥210 million in the same period of the previous year).」
Following the separation of the mega-solar business, the Company continued to focus on electricity retailing, with electricity retailing revenue increasing by ¥768 million year on year. - FY2017-Q1SoftenedAnnual report
「In the environmental segment, the Company recognized impairment losses on fixed assets for which recovery of the investment was no longer expected following the decision to withdraw from the business.」
The Company states that the environmental business is developing an electricity retailing business centered on renewable energy, while also disclosing impairment losses associated with the decision to withdraw from the business, indicating that the scope of its previous strategy has narrowed. - FY2016First statedAnnual report
「In anticipation of the liberalization of the electricity market in April 2016, the Company decided to shift the primary business area of its environmental segment from renewable energy projects involving large-scale investment in mega-solar facilities to selling electricity to local communities, and to concentrate its management resources there.」
The Company explains the sale of its mega-solar holding company and its concentration on the electricity retailing business as the result of a review of its business areas.