Impact on business performance from intensifying competition and changes in supply and demand
First written in FY2016. 20 of 27 entries say "Materialised", first in FY2018-Q1. Latest entry: 2026-07-29.
Chubu Electric Power Company 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 2023: 4 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- 2026-07-29MaterialisedEarnings presentation
「Impact of competition: approximately -21; impact of temperature, economic conditions and other factors: approximately -1」
ミライズ’s electricity sales volume in the first quarter of fiscal 2026 decreased year on year, with the impact of competition shown as approximately 2.1 billion kWh. - FY2024-Q1MaterialisedAnnual report
「Chubu Electric Power Miraiz Co., Inc.'s electricity sales volume decreased by 900 million kWh from the cumulative first quarter of the previous fiscal year to 23.2 billion kWh, due to lower production of electrical machinery and other products and reduced operation of air-conditioning equipment caused by temperature conditions, despite an increase in contracts following the resumption of applications for standard rate plans in the Chubu area.」
While the resumption of applications for standard rate plans increased contracts, MIRAIZ's electricity sales volume decreased by 900 million kWh year on year due to lower production of electrical machinery and other products and temperature-related factors. The impact of competition, changes in the supply-demand structure and demand fluctuations continues to be reflected in the results. - FY2023-Q3WorsenedAnnual report
「Chubu Electric Power Miraiz Co., Inc.'s electricity sales volume decreased by 3.7 billion kWh from the cumulative third quarter of the previous fiscal year to 75.5 billion kWh, due to the impact of shifts to other providers following efforts to revise sales prices to reflect supply costs for each customer, as well as the impact of lower industrial production and other factors.」
Regarding the competitive environment, shifts to other providers following the revision of sales prices to reflect supply costs are identified as a factor behind the 3.7 billion kWh year-on-year decrease in MIRAIZ's electricity sales volume. - FY2023-Q2WorsenedAnnual report
「Chubu Electric Power Miraiz Co., Inc.'s electricity sales volume decreased by 2.0 billion kWh from the cumulative consolidated period of the previous second quarter to 51.6 billion kWh. This was despite increased operation of air-conditioning equipment due to temperature conditions, as the review of sales prices based on the supply costs for each customer led to an increase in customers switching to other providers.」
Regarding the competitive environment, shifts to other providers increased after sales prices were revised to reflect supply costs for each customer, and MIRAIZ's electricity sales volume decreased by 2.0 billion kWh year on year. - FY2023-Q1MaterialisedAnnual report
「Chubu Electric Power Miraiz Co., Inc.'s electricity sales volume decreased by 1.3 billion kWh due to shifts to other providers and other factors, to 24.1 billion kWh.」
Shifts to other providers materialized as a 1.3 billion kWh year-on-year decrease in MIRAIZ's electricity sales volume, showing that the impact of the competitive environment continues to be reflected in the results. - FY2022-Q3MaterialisedAnnual report
「Ordinary income and loss deteriorated by ¥58.0 billion from the cumulative third quarter of the previous fiscal year, resulting in an ordinary loss of ¥26.0 billion, due to the deterioration in the balance of income and expenses caused by competitive pressure and higher power procurement costs resulting from soaring prices in the wholesale electricity market, despite improved earnings from the rebound from the impact of COVID-19 and other factors.」
The deterioration in the balance of income and expenses as competition progressed, together with higher power procurement costs resulting from soaring prices in the wholesale electricity market and other factors, materialized as MIRAIZ's ¥26.0 billion ordinary loss. - FY2022-Q2MaterialisedAnnual report
「Ordinary profit decreased by ¥18.7 billion from the cumulative second quarter of the previous fiscal year to ¥23.0 billion, due to the deterioration in the balance of income and expenses caused by competitive pressure and higher power procurement costs resulting from rising prices in the wholesale electricity market, despite improved earnings from the rebound from the impact of COVID-19 and other factors.」
At MIRAIZ, the deterioration in the balance of income and expenses due to competitive pressure and higher procurement costs resulting from rising prices in the wholesale electricity market materialized as an ¥18.7 billion year-on-year decrease in ordinary profit. - FY2022-Q1MaterialisedAnnual report
「Ordinary profit decreased by ¥12.2 billion from the cumulative first quarter of the previous fiscal year to ¥4.5 billion, due to the deterioration in the balance of income and expenses caused by competitive pressure and higher power procurement costs resulting from rising prices in the wholesale electricity market, despite increased electricity sales volume due to the rebound from the impact of COVID-19 and other factors.」
At MIRAIZ, ordinary profit decreased by ¥12.2 billion year on year as the increase in electricity sales volume was outweighed by the deterioration in the balance of income and expenses due to competitive pressure and higher power procurement costs resulting from rising prices in the wholesale electricity market. - FY2021WorsenedAnnual report
「Competition is intensifying in the energy business, including electricity, against a backdrop of expanded electricity trading through JEPX (Japan Electric Power Exchange) at prices equivalent to variable costs and lower prices resulting from the large-scale introduction of renewable energy.」
The expansion of electricity trading through JEPX and lower prices resulting from the large-scale introduction of renewable energy are newly identified as specific factors behind intensifying competition. - FY2021-Q3MaterialisedAnnual report
「Ordinary profit decreased by ¥2.4 billion from the cumulative third quarter of the previous fiscal year to ¥32.0 billion, due to the decline in electricity sales volume caused by the impact of COVID-19 and other factors and the deterioration in the balance of income and expenses due to competitive pressure on sales, despite efforts to reduce power procurement costs.」
At MIRAIZ, the decline in electricity sales volume and the deterioration in the balance of income and expenses due to competitive pressure on sales materialized as a ¥2.4 billion year-on-year decrease in ordinary profit. - FY2021-Q2MaterialisedAnnual report
「Ordinary profit increased by ¥5.8 billion from the cumulative second quarter of the previous fiscal year to ¥41.7 billion, as efforts to reduce power procurement costs and other factors outweighed the decline in electricity sales volume caused by the impact of COVID-19 and other factors and the deterioration in the balance of income and expenses due to competitive pressure on sales.」
The deterioration in the balance of income and expenses due to competitive pressure on sales was reported in the results together with the decline in electricity sales volume caused by COVID-19. Meanwhile, MIRAIZ's ordinary profit increased by ¥5.8 billion year on year due to lower power procurement costs and other factors. - FY2021-Q1MaterialisedAnnual report
「Ordinary profit increased by ¥6.7 billion from the cumulative first quarter of the previous fiscal year to ¥16.7 billion, as efforts to reduce power procurement costs and other factors outweighed the decline in electricity sales volume caused by the impact of COVID-19 and other factors and the deterioration in the balance of income and expenses due to competitive pressure on sales.」
The deterioration in the balance of income and expenses due to competitive pressure on sales was reported together with the decline in electricity sales volume caused by COVID-19. Meanwhile, MIRAIZ's ordinary profit increased by ¥6.7 billion year on year due to lower power procurement costs and other factors. - FY2020-Q3MaterialisedAnnual report
「Our electricity sales volume decreased by 300 million kWh from the cumulative third quarter of the previous fiscal year to 86.9 billion kWh, due to lower industrial production and factors including the shift to other providers as competition progressed, despite expanded sales outside the Chubu area.」
The shift to other providers as competition progressed materialized as a factor behind the 300 million kWh year-on-year decrease in electricity sales volume, together with lower industrial production and other factors. - FY2020-Q2MaterialisedAnnual report
「The Company's electricity sales declined by 300 million kWh from the cumulative second quarter of the previous consolidated fiscal year to 59.1 billion kWh. This was despite expanded sales outside the Chubu area, owing to the impact of customers switching to other suppliers as competition intensified and reduced operation of cooling equipment as summer temperatures remained lower than in the previous year.」
The shift to other providers as competition progressed is identified as one reason for the 300 million kWh year-on-year decrease in electricity sales volume despite expanded sales outside the Chubu area, showing that the impact of the competitive environment has materialized in the results. - FY2020-Q1MaterialisedAnnual report
「Our electricity sales volume increased by 600 million kWh from the cumulative first quarter of the previous fiscal year to 27.9 billion kWh, due to expanded sales outside the Chubu area and other factors, despite the impact of shifts to other providers as competition progressed.」
While the impact of shifts to other providers continued, electricity sales volume increased by 600 million kWh year on year due to expanded sales outside the Chubu area. The impact of the competitive environment continues to be reflected in the results. - FY2019MaterialisedAnnual report
「The Company's electricity sales declined by 3.2 billion kWh from the previous consolidated fiscal year to 118.3 billion kWh, despite expanded sales outside the Chubu area, owing mainly to the impact of customers switching to other suppliers as competition intensified.」
The shift to other providers as competition progressed materialized as a factor behind the decrease in annual electricity sales volume, despite expanded sales outside the Chubu area. - FY2019-Q3MaterialisedAnnual report
「The Company's electricity sales declined by 1.6 billion kWh from the cumulative third quarter of the previous consolidated fiscal year to 87.2 billion kWh. This was despite expanded sales outside the Chubu area and increased semiconductor production, owing mainly to the impact of customers switching to other suppliers.」
The impact of shifts to other providers materialized as one reason for the 1.6 billion kWh year-on-year decrease in electricity sales volume, despite expanded sales outside the Chubu area and other factors. - FY2019-Q2MaterialisedAnnual report
「The Company's electricity sales declined by 500 million kWh from the cumulative second quarter of the previous consolidated fiscal year to 59.4 billion kWh. This was despite expanded sales outside the Chubu area, increased operation of cooling equipment as summer temperatures remained higher than in the previous year, and increased semiconductor production, owing mainly to the impact of customers switching to other suppliers.」
The impact of shifts to other providers materialized as one reason for the 500 million kWh year-on-year decrease in electricity sales volume, despite expanded sales outside the Chubu area and other factors. - FY2019-Q1MaterialisedAnnual report
「Electricity sales declined by 3.7% from the cumulative first quarter of the previous consolidated fiscal year to 27.3 billion kWh. This was despite expanded sales mainly in the Tokyo metropolitan area and increased semiconductor production, owing to the impact of customers switching to other suppliers as competition intensified and reduced operation of heating equipment as temperatures in early spring remained higher than in the previous year.」
The shift to other providers as competition progressed materialized as one reason for the 3.7% year-on-year decrease in electricity sales volume, which exceeded the benefits of expanded sales in the Tokyo metropolitan area and other factors. - FY2018MaterialisedAnnual report
「The Company's electricity sales declined by 0.3% from the previous consolidated fiscal year to 121.4 billion kWh. This was despite expanded sales in the Tokyo metropolitan area, increased automotive-related and semiconductor production, and increased operation of heating equipment as winter temperatures remained lower than in the previous year, owing mainly to the impact of customers switching to other suppliers as competition intensified.」
The shift to other providers as competition progressed is identified as one reason for the annual decrease in electricity sales volume. - FY2018-Q3MaterialisedAnnual report
「Electricity sales declined by 500 million kWh from the cumulative third quarter of the previous consolidated fiscal year to 88.8 billion kWh. This was despite expanded sales in the Tokyo metropolitan area and increased automotive-related and semiconductor production, owing mainly to the impact of customers switching to other suppliers as competition intensified.」
The shift to other providers as competition progressed is identified as one reason for the year-on-year decrease of 500 million kWh in electricity sales volume. - FY2018-Q2MaterialisedAnnual report
「Electricity sales volume increased due to expanded sales in the Tokyo metropolitan area, higher production in the automotive and semiconductor industries, and increased operation of heating equipment due to temperature conditions. However, reflecting factors including the shift to other providers as competition progressed, it decreased by 500 million kWh from the cumulative second quarter of the previous fiscal year to 59.9 billion kWh.」
The shift to other providers as competition progressed is identified as one reason for the year-on-year decrease in electricity sales volume, showing that the impact of intensifying competition has materialized in the results. - FY2018-Q1MaterialisedAnnual report
「Electricity sales were broadly unchanged from the cumulative first quarter of the previous consolidated fiscal year at 28.3 billion kWh. Sales benefited from expansion in the Tokyo metropolitan area and increased operation of heating equipment as temperatures in early spring remained lower than in the previous year, despite the impact of customers switching to other suppliers as competition intensified.」
The shift to other providers as competition progressed affected electricity sales volume, and is identified as a factor in the first quarter results. - FY2017RestatedAnnual report
「Against this backdrop, the Group will pursue maximum improvements in management efficiency, provide services that exceed customer expectations by developing competitive rate plans and new services, and expand its business domains through the expansion of electricity and gas sales, particularly in the Tokyo metropolitan area. However, business performance may be affected by intensifying competition and changes in the supply-demand structure.」
The impact on business performance from intensifying competition and changes in the supply-demand structure, and the responses through efficiency improvements, service creation and expansion in the Tokyo metropolitan area, are reiterated. - FY2017-Q3RestatedAnnual report
「Against this backdrop, the group will pursue maximum improvements in operating efficiency, create new rate menus and services, provide services that exceed customer expectations, and expand its business areas, including electricity and gas sales centered on the Tokyo metropolitan area. However, financial performance may be affected by intensifying competition and changes in the supply-demand structure.」
The impact on business performance from intensifying competition and changes in the supply-demand structure, and the responses through efficiency improvements, service creation and expansion in the Tokyo metropolitan area, are reiterated. - FY2017-Q2RestatedAnnual report
「In addition, the energy mix outlined by the Ministry of Economy, Trade and Industry in its July 2015 Long-term Energy Supply and Demand Outlook could lead to significant changes in the supply-demand structure, including expanded use of renewable energy, greater adoption of natural gas and a fundamental strengthening of energy conservation, as efforts are made to achieve that energy mix.」
In addition to intensifying competition, changes in the supply-demand structure through renewable energy, natural gas and energy conservation are reiterated as business performance risks. - FY2016First statedAnnual report
「Against this backdrop, the group will pursue maximum improvements in operating efficiency, create new rate menus and services, provide services that exceed customer expectations, and expand its business areas, including electricity and gas sales centered on the Tokyo metropolitan area. However, financial performance may be affected by intensifying competition and changes in the supply-demand structure.」
The disclosure identifies intensifying competition and changes in the supply-demand structure as risks, and lists efficiency improvements, service creation and expansion in the Tokyo metropolitan area as responses.