Supply-demand balance and imbalance charge risk
First written in FY2020. 13 of 18 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2021: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「We currently outsource supply-demand management for our retail electricity business. If simultaneous balancing cannot be achieved in supply-demand management, imbalance charges will be settled.」
The company continues to identify the outsourcing of supply-demand management, the 30-minute simultaneous balancing obligation based on planned values, and the risk of imbalance charges arising from supply-demand discrepancies. - FY2025-H1RestatedAnnual report
「During the interim accounting period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in supply-demand balance and imbalance charge risk. - FY2024RestatedAnnual report
「If simultaneous balancing cannot be achieved in supply-demand management, imbalance charges will be settled. Accordingly, if supply-demand management is not properly performed, resulting in a substantial discrepancy in supply-demand balancing and significant imbalance charges, this may affect the company's business performance and financial position.」
The company continues to identify the 30-minute simultaneous balancing obligation based on planned values and the risk of imbalance charges arising from supply-demand discrepancies. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in supply-demand balance and imbalance charge risk. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in supply-demand balance and imbalance charge risk. - FY2023WorsenedAnnual report
「The company plans to outsource supply-demand management to another external provider if the provider currently engaged becomes unable to continue its business. However, if switching providers takes time and results in substantial imbalance charges, this may affect the company's business performance and financial position.」
In addition to the existing supply-demand discrepancy and imbalance charge risks, the company identifies the risk that an outsourced provider may be unable to continue its business and that switching providers may be delayed. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in supply-demand balance and imbalance charge risk. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in supply-demand balance and imbalance charge risk. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in supply-demand balance and imbalance charge risk. - FY2022RestatedAnnual report
「When supplying electricity through the transmission network of a general transmission and distribution utility, our electricity retail business is required under the utility’s wheeling supply terms and other rules to match forecast demand and actual demand every 30 minutes under the simultaneous balancing system. The difference between planned and actual demand is settled with the general transmission and distribution utility as an imbalance charge.」
The company continues to disclose the 30-minute simultaneous balancing obligation based on planned values and the risk of imbalance charges arising from supply-demand discrepancies. - FY2022-Q3Recognition of income from the return of imbalance settlement surplusesAnnual report
「Imbalance settlement rebate income ― 54,522」
The company recognized ¥54.522 million as extraordinary income from the return of imbalance settlement surpluses in the income statement for the cumulative third quarter. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in supply-demand balance and imbalance charge risk. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in supply-demand balance and imbalance charge risk. - FY2021MaterialisedAnnual report
「Meanwhile, soaring trading prices on JEPX from mid-December 2020 to late January 2021 caused power purchase procurement prices to rise, and shortage imbalance charges for January 2021 to surge beyond expectations, affecting the performance of the Energy business.」
The company states that imbalance charges for shortages arising from supply-demand discrepancies rose more than expected, with an actual impact on the energy business. - FY2021-Q3MaterialisedAnnual report
「In addition, the surge in procurement prices from the Japan Electric Power Exchange between mid-December 2020 and late January 2021 caused electricity purchasing and procurement prices to rise. The resulting-than-expected surge in imbalance charges for January 2021 also affected the energy business.」
The company states that imbalance charges for shortages rose more than expected, with an actual impact on the energy business. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in supply-demand balance and imbalance charge risk. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company comprehensively states that there have been no material changes in supply-demand balance and imbalance charge risk. - FY2020First statedAnnual report
「The company is subject to the simultaneous balancing requirement based on planned values, and the difference between planned demand and actual demand is settled with the general transmission and distribution utility as an imbalance charge.」
The company identifies the obligation to match supply and demand every 30 minutes and the risk of additional charges if supply-demand management outsourced to an external provider is not properly performed.