Sumasapo (9342) · RiskDropped
Losses in the New Electricity Retail Business Due to Surging JEPX Procurement Prices and Credit Risk at Intermediary Counterparties
First written in FY2022. 1 of 2 entries say "Materialised", first in FY2022. Latest entry: FY2023.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Risk of higher procurement costs due to volatility in wholesale electricity market pricesA theme 22 companies write about · 23 as a headwind · 1 as a tailwind
Sumasapo moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2021: 4 of 15 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
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.
Showing 14 of the 22 companies compared. The sentences above are computed from all 22.Full recordFilings, disclosures and news, newest first
- FY2023DroppedAnnual reportThis filing’s business risks contain no specific description of losses from higher JEPX procurement prices or credit risk relating to intermediaries in the new electricity business.
- FY2022MaterialisedAnnual report
「Because we recorded a substantial loss as a result of higher trading prices on JEPX in 2021, in January 2022 we changed the business structure to an agency agreement between 香川電力株式会社 and consumers, under which we earn referral fees from 香川電力株式会社 based on consumers’ electricity usage.」
The company records that substantial losses actually arose from higher prices and that the business was changed to an agency model in January 2022.