Hokkaido Electric Power Company (9509) · RiskDropped
Uncertainty over approval and the timing of electricity rate increases
First written in FY2023-Q3. 1 of 2 entries say "Dropped", first in FY2023. Latest entry: FY2023.
2entries
1years
0from disclosures
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Uncertainty over approval and implementation timing for electricity tariff increasesA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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Full recordFilings, disclosures and news, newest first
- FY2023DroppedAnnual report
「The company obtained approval from the Minister of Economy, Trade and Industry to raise retail electricity tariffs in the regulated segment and implemented tariff increases from June, including for low-voltage customers on market-based tariffs.」
The uncertainty over the approval and implementation timing of the regulated tariff increase described in the previous fiscal year is not presented as a separate risk in this filing because approval was obtained and the tariff increase was implemented. - FY2023-Q3First statedAnnual report
「Because revisions to regulated tariffs are formally decided after a national review and other procedures and approval by the Minister of Economy, Trade and Industry, the tariff increases may take effect on or after 1 June 2023.」
The disclosure stated that the planned timing of the low-voltage regulated tariff increase could be delayed because it required a national review and approval from the Minister of Economy, Trade and Industry before being formally decided.