Impact of soaring wholesale electricity market prices on Japan’s electricity retail business
First written in FY2022. 3 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 4 of 15 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2026Domestic electricity retail earnings declined following the strong performance in the previous fiscal yearAnnual report
「Although electricity demand remained solid in the domestic electricity retail business, partly due to the extremely hot summer, earnings declined following the strong performance in the previous fiscal year.」
Following the improvement from surging electricity procurement prices, domestic electricity retail earnings declined due to a reaction to the strong performance in the previous fiscal year. - FY2025Domestic electricity retail earnings declined following the strong performance in the previous fiscal yearAnnual report
「Although electricity demand remained solid in the domestic electricity retail business, partly due to the extremely hot summer, earnings declined following the strong performance in the previous fiscal year.」
While the business improved from the impact of surging electricity procurement prices, domestic electricity retail earnings declined following the strong performance in the previous fiscal year. - FY2024MitigatedAnnual report
「The domestic electricity retail business improved profitability as a result of strengthened market risk management, including the renewal of customer contracts, and the stable trend in electricity procurement prices throughout the fiscal year.」
In contrast to the impact of surging electricity procurement prices disclosed through the previous fiscal year, profitability in the domestic electricity retail business improved due to contract renewals, stronger market risk management and stable procurement prices. - FY2024-Q3RestatedAnnual report
「• Domestic retail electricity business performed well due to contract renewals and stable electricity procurement prices」
In contrast to the impact of surging electricity procurement prices disclosed through the previous fiscal year, the domestic electricity retail business has continued to perform well as electricity procurement prices stabilized and customer contracts were renewed. - FY2024-Q2MitigatedAnnual report
「• Domestic retail electricity business performed well due to contract renewals and stable electricity procurement prices」
In contrast to the impact of surging wholesale electricity procurement prices disclosed in the previous fiscal year, electricity procurement prices remained stable during the nine months ended the second quarter, and the domestic electricity retail business performed well. - FY2023-Q3RestatedAnnual report
「This was due, among other factors, to solid performance in the overseas power generation business and the recording of a non-recurring gain in the Electricity segment during the period, despite the impact of surging electricity procurement prices on the domestic electricity retail business.」
The impact of surging wholesale electricity procurement prices was stated to be ongoing in the domestic electricity retail business. - FY2023-Q2RestatedAnnual report
「This was due, among other factors, to higher profits despite the impact of surging wholesale electricity procurement prices on the domestic electricity retail business, as overseas power generation remained solid and the Electricity segment recorded a non-recurring gain during the period.」
The impact of surging wholesale electricity procurement prices on the domestic electricity retail business was stated to be ongoing. quantified: false, materialized: true. - FY2023-Q1MaterialisedAnnual report
「This was due, among other factors, to higher profits despite the impact of surging wholesale electricity procurement prices on the domestic electricity retail business, as overseas power generation remained solid and the Electricity segment recorded a non-recurring gain during the period.」
The domestic electricity retail business was stated to have actually been affected by surging wholesale electricity procurement prices. - FY2022First statedAnnual report
「In addition, the domestic electricity retail business has been affected by surging wholesale electricity market prices.」
The impact of surging wholesale electricity market prices on the domestic electricity retail business was explicitly disclosed for the first time.