Feed-in Tariff Scheme and Fluctuations in Purchase Prices
First written in FY2016. 7 of 10 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2025: 5 of 14 companies on the "Worse" side.
3 other companies' latest entry also says "Dropped".
- FY2022DroppedAnnual report
「During the current consolidated fiscal year, we were able to substantially complete the restructuring of unprofitable businesses in which we had invested in the past without producing results, an initiative pursued since the previous consolidated fiscal year. These businesses included the renewable energy-related business operated by ZEエナジー, the overseas financial instruments trading business operated by PJB, and overseas investment projects of Traders Investment, among others.」
As the premise of owning and operating ZEエナジー's business no longer applies, risks relating to renewable energy businesses under the feed-in tariff system are no longer treated as major business risks for the group. - FY2022-Q3RestatedAnnual report
「During the consolidated cumulative third quarter period under review, there were no material additions or changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material additions or changes regarding the feed-in tariff system and changes in purchase prices. - FY2021-Q3RestatedAnnual report
「During the consolidated cumulative third quarter period under review, there were no material additions or changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material additions or changes regarding the feed-in tariff system and changes in purchase prices. - FY2018-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the feed-in tariff system and changes in purchase prices. - FY2018-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding the feed-in tariff system and changes in purchase prices. - FY2017MitigatedAnnual report
「The amendment primarily strengthened regulations on solar power generation and lowered fixed purchase prices. However, no particular regulatory tightening applied to the woody biomass power generation operated by ZEエナジー, and purchase prices remained unchanged, so a favorable business environment has continued compared with power generation using other renewable energy sources.」
Regarding the amended FIT Act, it explained that woody biomass power generation was not subject to any particular regulatory tightening and that purchase prices remained unchanged, and disclosed that the current impact of the risk of system changes on that business was limited. - FY2017-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
Regarding the feed-in tariff system and changes in purchase prices, the company states that there have been no material changes. - FY2017-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
Regarding the feed-in tariff system and changes in purchase prices, the company states that there have been no material changes. - FY2017-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
Regarding the feed-in tariff system and changes in purchase prices, the company states that there have been no material changes. - FY2016First statedAnnual report
「If the purchase price under the system is reduced or the system is abolished, the group's profits could deteriorate, adversely affecting its performance.」
It identifies changes to or the abolition of the feed-in tariff system as risks that could affect customers' installation of equipment, construction contract prices, revenue from electricity sales and group profits.