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Marubeni (8002) · TargetRestated

Curbing New Coal-Fired Power Generation and Reducing Net Generation Capacity

First written in FY2020. 3 of 6 entries say "Restated". Latest entry: FY2025.

6entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020RaisedFY2021RestatedFY2022AdvancedFY2023RestatedFY2024 – FY20252020: 120202021: 120212022: 120222023: 120232024: 120242025: 12025
Same theme, other companies
Phased withdrawal from the coal-fired power generation businessA theme 3 companies write about · 3 as a headwind · 1 as a tailwind

1 other company's latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「• The Company will not undertake new coal-fired power generation projects, and will halve net generating capacity from coal-fired power generation by 2025 versus the end of fiscal 2018 and reduce it to zero by 2050」

    The Company reiterated its policy of not undertaking new coal-fired power generation, halving capacity by 2025 and reducing it to zero by 2050. It continues not to acquire new assets involving thermal coal interests.
  2. FY2024RestatedAnnual report

    「• The Company will not undertake new coal-fired power generation projects, and will halve net generating capacity from coal-fired power generation by 2025 versus the end of fiscal 2018 and reduce it to zero by 2050」

    The Company reiterated its policy of not undertaking new coal-fired power generation, halving capacity by 2025 and reducing it to zero by 2050, and not acquiring new assets involving thermal coal interests.
  3. FY2023AdvancedAnnual report

    「• Halve net generating capacity from coal-fired power generation from approximately 3 GW at the end of the fiscal year ended March 2019 by 2025, reduce it to approximately 1.3 GW by 2030 and to zero by 2050 • Increase the share of renewable energy sources to approximately 20% of net generating capacity by 2023」

    The Company disclosed targets of halving coal-fired power generation capacity by 2025, reducing it to approximately 1.3 GW by 2030 and to zero by 2050, and additionally disclosed a target of increasing the share of renewable energy sources to approximately 20% by 2023.
  4. FY2022RestatedAnnual report

    「The Company will not undertake new coal-fired power generation projects, and will halve net generating capacity from coal-fired power generation by 2025 versus the end of fiscal 2018 and reduce it to zero by 2050.」

    The Company reiterated its policy of limiting new coal-fired power generation and halving capacity by 2025 and reducing it to zero by 2050. It also stated that it would not acquire new assets involving thermal coal interests.
  5. FY2021RaisedAnnual report

    「The Company will not pursue new coal-fired power generation projects, will halve net generation capacity from coal-fired power generation projects by 2025 compared with the level at the end of fiscal 2018, and will reduce it to zero by 2050.」

    The target was brought forward and expanded from the previous policy of halving by 2030 to halving by 2025 and reaching zero by 2050.
  6. FY2020First statedAnnual report

    「As a general rule, the Company will not pursue new coal-fired power generation projects and has established a policy of halving net generation capacity from coal-fired power generation projects by 2030 compared with the level at the end of fiscal 2018, among other initiatives.」

    As a response to climate change risks, the Company disclosed for the first time a specific policy of, as a general rule, restricting new coal-fired power generation projects and halving net generation capacity by 2030.
Moved together

"Expansion of New Investments and Loans" moved the same way as this thread, in the same document, in 2 of its 6 moves.

222222★123456
  1. ★This thread
  2. 1Expansion of New Investments and Loans2×
  3. 2Three-year cumulative positive free cash flow after dividends2×
  4. 3Strengthening the Financial Base and Using Retained Earnings for Existing Businesses and New Investments2×
  5. 4Maximizing Operating Cash Flow and Reinvestment in Growth Businesses2×
  6. 5Strengthening oversight functions, including through outside officers2×
  7. 6Improving the net D/E ratio to approximately 1.3x2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Marubeni's next results are scheduled for 2026-11-04. Read the earnings preview
News
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Curbing New Coal-Fired Power Generation and Reducing Net Generation Capacity | Marubeni Corporation (8002) | Komori