Passing through power market procurement costs to electricity charges through fuel cost and other adjustments
First written in FY2022-Q3. 10 of 16 entries say "Restated". Latest entry: 2026-09-11.
The whole theme swung hardest in 2022: 2 of 9 companies on the "Worse" side.
7 other companies' latest entry also says "Advanced".
- FY2026-H1RestatedAnnual report
「By introducing our proprietary fuel-cost adjustment (a mechanism that reflects electricity market procurement costs in electricity rates), we are addressing the risk of market price fluctuations. This reduces the impact on earnings even when prices surge, enabling us to pursue stable business operations.」
It continues to address market price fluctuations through the fuel cost and other adjustment charge and mitigate the impact on earnings during periods of soaring prices. - FY2025RestatedAnnual report
「In addition, by introducing the Company's proprietary fuel-cost adjustment charge, a mechanism that reflects electricity market procurement costs in electricity bills, the Company hedged the risk of surging prices on the Japan Electric Power Exchange, addressed the capacity market and capacity contributions implemented from 1 April 2024, and pursued stable earnings growth and initiatives toward a decarbonized society.」
In addition to addressing soaring JEPX prices through the fuel cost and other adjustment charge, it continues to address the capacity market and capacity contribution payments. - FY2025-H1RestatedAnnual report
「By introducing our proprietary fuel-cost adjustment charge, a mechanism that reflects electricity market procurement costs in electricity bills, we have worked toward stable growth in operating results, including by seeking to hedge the risk of soaring prices on the Japan Electric Power Exchange.」
It continues to hedge the risk of soaring Japan Electric Power Exchange prices through its proprietary fuel cost and other adjustment charge. - FY2024RestatedAnnual report
「In addition, by introducing our proprietary fuel cost and other adjustment charge, a mechanism for passing power market procurement costs through to electricity charges, we have sought to hedge the risk of soaring Japan Electric Power Exchange prices while pursuing stable earnings growth and initiatives toward a decarbonized society, including purchases of power generated by post-FIT facilities and sales of storage batteries and solar panels.」
It continues measures to address procurement prices and promote decarbonization by combining the fuel cost and other adjustment charge with purchases of power generated by post-FIT facilities and sales of storage batteries and solar panels. - FY2024-Q3AdvancedAnnual report
「By introducing our proprietary fuel-cost adjustment charge, a mechanism that reflects electricity market procurement costs and the cost of maintaining stable supply in the capacity market in electricity bills, we have sought to hedge the risk of soaring prices on the Japan Electric Power Exchange. While responding to the capacity market implemented from 1 April 2024, we have also worked toward stable growth in operating results and a decarbonized society by promoting purchases of surplus electricity from post-FIT facilities and sales of storage batteries and solar panels.」
It explicitly describes the response to the capacity market implemented from 1 April 2024 by adding the cost of maintaining stable supply for the capacity market to the scope of the fuel cost and other adjustment charge. - FY2024-Q2RestatedAnnual report
「We have pursued stable earnings growth and initiatives toward a decarbonized society by introducing our proprietary fuel-cost adjustment charge mechanism, which reflects electricity market procurement costs in electricity rates, to hedge the risk of price spikes on the Japan Electric Power Exchange, while promoting the purchase of post-FIT electricity and the sale of storage batteries and solar panels.」
It continues to hedge the risk of soaring JEPX prices through the introduction of a fuel cost and other adjustment charge. - FY2024-Q1RestatedAnnual report
「By introducing our proprietary fuel-cost adjustment charge, a mechanism that reflects electricity market procurement costs in electricity bills, and securing power sources through active bilateral transactions, we have sought to hedge the risk of soaring prices on the Japan Electric Power Exchange. We have also worked toward stable growth in operating results and a decarbonized society by promoting purchases of surplus electricity from post-FIT facilities and sales of storage batteries and solar panels.」
It continues to hedge the risk of soaring JEPX prices through the introduction of a fuel cost and other adjustment charge and the securing of power supplies through bilateral transactions. - FY2023AdvancedAnnual report
「The effects of hedging through the introduction of market-linked contracts and the use of bilateral contracts stabilized profits, resulting in a substantial V-shaped recovery from the previous fiscal year.」
It describes the effects of hedging through the fuel cost and other adjustment charge, the introduction of market-linked contracts and the use of bilateral contracts, explaining that these measures led to stabilized profits and a substantial recovery. - FY2023-Q3RestatedAnnual report
「By introducing our proprietary fuel-cost adjustment charge, a mechanism that reflects electricity market procurement costs in electricity bills, and securing power sources through active bilateral transactions, we have sought to hedge the risk of soaring prices on the Japan Electric Power Exchange. We have also worked toward stable growth in operating results and a decarbonized society by promoting purchases of surplus electricity from post-FIT facilities and sales of storage batteries and solar panels.」
In addition to introducing a fuel cost and other adjustment charge, it continues to hedge the risk of soaring JEPX prices by securing power supplies through bilateral transactions. - FY2023-Q2RestatedAnnual report
「In response to the continuing rise in electricity procurement prices since the year before last, we have sought to hedge the risk of soaring prices on the Japan Electric Power Exchange by introducing our proprietary fuel-cost adjustment charge, a mechanism that reflects electricity market procurement costs in electricity bills.」
It continues to hedge the risk of soaring electricity procurement prices through its proprietary fuel cost and other adjustment charge, which passes power market procurement costs through to electricity charges. - FY2023-Q1RestatedAnnual report
「In response to the continuing rise in electricity procurement prices since last year, we have sought to hedge the risk of soaring prices on the Japan Electric Power Exchange by introducing our proprietary fuel-cost adjustment charge, a mechanism that reflects electricity market procurement costs in electricity bills.」
It continues to hedge the risk of soaring electricity procurement prices through its proprietary fuel cost and other adjustment charge, which passes power market procurement costs through to electricity charges. - FY2022RestatedAnnual report
「Although earnings were challenging due to the surge in electricity procurement prices that has continued since last year, the Company is hedging the risk of rising prices on the Japan Electric Power Exchange by introducing its proprietary fuel-cost adjustment charge, a mechanism that reflects electricity market procurement costs in electricity bills.」
It continues to hedge the risk of soaring electricity procurement prices through its proprietary fuel cost and other adjustment charge. - FY2022-Q3First statedAnnual report
「By introducing our proprietary fuel-cost adjustment charge, which reflects electricity market procurement costs in electricity bills, we are hedging the risk of price spikes on the Japan Electric Power Exchange, while promoting the purchase of post-FIT electricity and sales of storage batteries and solar panels as part of our efforts to achieve stable earnings growth and a decarbonized society.」
For the first time, it explicitly describes a measure to hedge the risk of soaring Japan Electric Power Exchange prices by introducing a proprietary fuel cost and other adjustment charge that passes power market procurement costs through to electricity charges.