Entry into Electricity Retailing for Households and Expansion of Power Generation Capacity
First written in FY2016. 7 of 9 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2024.
1 other company's latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「• Domestic retail electricity business performed well due to contract renewals and stable electricity procurement prices」
The domestic retail electricity business progressed from a recovery driven by contract renewals to strong performance and improved profitability, including the benefit of stable procurement prices. - FY2024-Q3RestatedAnnual report
「• Domestic retail electricity business performed well due to contract renewals and stable electricity procurement prices」
The company continues to explain that the domestic retail electricity business performed well due to contract renewals and stable electricity procurement prices. - FY2024-Q2AdvancedAnnual report
「Domestic retail electricity business performed well due to contract renewals and stable electricity procurement prices」
The company stated that the domestic retail electricity business performed well due to contract renewals and stable electricity procurement prices. The factors supporting performance have been added and made more specific, moving beyond the recovery from contract renewals described in the previous period. - FY2024-Q1AdvancedAnnual report
「This was due to factors including a recovery in performance in the domestic retail electricity business following contract renewals and improved wind conditions in the European offshore wind power generation business.」
The company stated that performance in the domestic retail electricity business recovered following contract renewals. This represents specific progress in improving profitability in the retail electricity business. - FY2022-Q1AdvancedAnnual report
「Cash flow from investing activities was an outflow of ¥2.9 billion, reflecting approximately ¥60 billion recovered through asset rotation, including the sale of domestic real estate projects and textile-related businesses, while approximately ¥110 billion was invested or lent, including for participation in the Ethiopian telecommunications business and construction progress in the domestic biomass power generation business.」
Construction progress was reported for the domestic biomass power generation business, and measures to expand power sources continue to advance. - FY2021AdvancedAnnual report
「In the infrastructure business segment, we commenced construction of a dedicated biomass-fired power plant through a domestic subsidiary.」
Measures to expand power sources for domestic biomass power generation advanced to the start of construction. - FY2019AdvancedAnnual report
「In developed countries, we focused on environmentally conscious infrastructure development and promoted renewable energy generation businesses. In addition to participating in offshore wind power generation businesses in Belgium and France, in Japan we completed construction of Phase 2 of a biomass power plant in Sakata, Yamagata Prefecture, and a solar power plant in Minamisoma, Fukushima Prefecture, and commenced operations.」
Phase 2 construction of the domestic biomass power plant and the Minamisoma solar power plant was completed, and operations commenced. - FY2019-Q2AdvancedAnnual report
「Cash flow from investing activities was an outflow of ¥13.7 billion, reflecting approximately ¥110 billion recovered through asset rotation, including the restructuring of the US tire business and the sale of cross-shareholdings, while approximately ¥130 billion was invested or lent, including for participation in the Indian specialty steel business and construction progress in the domestic biomass power generation business.」
Progress was reported on construction of domestic biomass power generation facilities, advancing measures to expand power sources for retail electricity sales. - FY2016First statedAnnual report
「Our group is seeking to expand its business in this new field and provide services that support daily life through close cooperation between Summit Energy, a power business company with extensive experience in retail electricity sales, and Jupiter Telecommunications, a cable television company with a sales network reaching individual households. Summit Energy is also proceeding with construction of biomass power plants in Handa, Aichi Prefecture, and Sakata, Yamagata Prefecture, as new power sources to support the expansion of its retail electricity business.」
The policy is to combine an electric utility with a media company that has customer touchpoints, prompted by deregulation, and proceed with household sales and construction of biomass power plants.