Intensifying Competition Following the Full Liberalization of Electricity and Gas Retailing
First written in FY2017-Q1. 6 of 12 entries say "Restated". Latest entry: FY2020-Q3.
Itochu Enex moved to the "Worse" side of this theme in 2017, 1 year before the typical company in this theme (2018).
The whole theme swung hardest in 2024: 8 of 21 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「The domestic energy industry is also undergoing significant changes in its operating environment, including the integration of oil refiners, entry by companies from other industries following the full liberalization of electricity and gas retailing, collaboration across industry boundaries, and growing global environmental awareness of climate change.」
The disclosure reiterates changes in competition and the business environment in the domestic energy industry, including the integration of oil refiners, entry by companies from other industries following the full liberalization of electricity and gas retailing, and cross-industry collaboration. - FY2020-Q2RestatedAnnual report
「The domestic energy industry is also undergoing significant changes in its operating environment, including the integration of oil refiners, entry by companies from other industries following the full liberalization of electricity and gas retailing, collaboration across industry boundaries, and growing global environmental awareness of climate change.」
The disclosure continues to identify changes in the domestic energy industry, including the integration of oil refiners, entry by companies from other industries following the liberalization of electricity and gas retailing, and cross-industry collaboration, as business-environment factors. - FY2020-Q1RestatedAnnual report
「The domestic energy industry is undergoing significant changes in its operating environment, including the integration of oil refiners, entry by companies from other industries following the full liberalization of electricity and gas retailing, collaboration across industry boundaries, and growing global environmental awareness of climate change.」
The disclosure reiterates changes in the competitive environment, including the integration of oil refiners, entry by companies from other industries following the liberalization of electricity and gas retailing, and cross-industry collaboration. - FY2019-Q3WorsenedAnnual report
「Profit and loss fell substantially below the previous year's level due to soaring wholesale market prices in the Hokkaido area and intensifying price competition.」
Regarding the electricity market, the disclosure states that, in addition to intensifying price competition, soaring wholesale market prices in the Hokkaido area substantially depressed profit and loss. - FY2019-Q2WorsenedAnnual report
「Retail electricity sales volumes exceeded those of the same period of the previous year, but profit and loss fell below the previous year's level due to sharp fluctuations in wholesale market prices and intensifying price competition.」
Regarding the electricity market, the disclosure explicitly identifies intensifying price competition in addition to the previously cited intensifying competition, explaining it as a factor behind the deterioration in profit and loss. - FY2018-Q3RestatedAnnual report
「In the electricity industry, new power retailers are gradually expanding their market share, including in the low-voltage segment liberalized in the previous fiscal year, but the outlook remains uncertain due to intensifying competition among operators and issues such as the restart of nuclear power plants by major electric utilities.」
The disclosure reiterates the uncertainty arising from the expanding share of new power retailers, including in the low-voltage segment, competition among operators and issues surrounding the restart of nuclear power plants. - FY2018-Q2WorsenedAnnual report
「In the electricity industry, new power retailers are gradually expanding their market share, including in the low-voltage segment liberalized in the previous fiscal year, but the outlook remains uncertain due to intensifying competition among operators and issues such as the restart of nuclear power plants by major electric utilities.」
While new power retailers are expanding their share in the low-voltage segment, the disclosure cites intensifying competition among operators and issues surrounding the restart of nuclear power plants by major electric utilities, heightening uncertainty in the electricity industry. - FY2018-Q1Explicit recognition of competition and stagnant demand in the LPG industryAnnual report
「The domestic LPG industry faces a challenging business environment amid sluggish demand due to the declining number of households and competition from other energy sources, making it an urgent priority to improve productivity by expanding the business base and strengthening cost competitiveness.」
In addition to competition in electricity retailing, the disclosure explicitly describes the challenging environment for LPG arising from the declining number of households and competition from other energy sources. - FY2017WorsenedAnnual report
「Approximately 1 year after the start of full liberalization of electricity retailing, the electricity market has become a challenging environment due to new entrants from other industries and the counteroffensive by major electric utilities.」
In addition to the previous references to entry from other industries and intensifying competition, the disclosure cites the counteroffensive by major electric utilities and describes the electricity market as a challenging environment. - FY2017-Q3RestatedAnnual report
「Against the backdrop of persistently declining oil demand and the resulting industry consolidation, as well as changes in the business environment following the full liberalization of electricity and gas retailing, we are accelerating strategic initiatives to achieve sustainable growth.」
Changes in the business environment following the full liberalization of electricity and gas retailing continue to serve as a premise for accelerating the strategy. - FY2017-Q2RestatedAnnual report
「As a result of promoting increased household electricity demand and electricity sales to corporate customers following the full liberalization of electricity retailing that began in April this year」
The disclosure continues to treat increased market transaction volumes following the full liberalization of electricity retailing, the entry of companies from other industries and intensifying competition with existing competitors as business-environment factors. - FY2017-Q1First statedAnnual report
「Against the backdrop of persistently declining oil demand and the resulting industry consolidation, as well as changes in the business environment following the full liberalization of electricity and gas retailing」
The disclosure identifies the entry of companies from other industries and intensifying competition with existing competitors triggered by the full liberalization of electricity retailing in April 2016 as premises for organizational restructuring and stronger sales.