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Hokkaido Electric Power Company (9509) · RiskWorsened

Unplanned Outages and Supply Disruptions at Aging Thermal Power Generation Facilities

First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2023.

7entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018RestatedFY2019 – FY20222016: 120162017: 120172018: 120182019: 220192020: 020202021: 020212022: 120222023: 12023
Same theme, other companies
Risk of Unplanned Outages Due to Failures or Damage to Power Generation FacilitiesA theme 5 companies write about · 5 as a headwind · 0 as a tailwind

Hokkaido Electric Power Company moved to the "Worse" side of this theme in 2023, 3 years after the typical company in this theme (2020).

0 other companies' latest entry also says "Worsened".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2023WorsenedAnnual report

    「The company is working to maintain the reliability of power generation and distribution facilities through thorough inspections and maintenance, and to secure a stable fuel supply and maintain and manage the supply chain for equipment and materials. However, if facilities are damaged by natural disasters, equipment failures or other events, or if disruptions to fuel supplies or the equipment and materials supply chain make it difficult to operate or maintain facilities, costs could increase due to recovery work and increased generation at other power plants following a plant outage, potentially affecting operating performance.」

    In addition to conventional facility failure risks, the company explicitly identified the possibility that disruptions to fuel supplies or the equipment and materials supply chain could make operation and maintenance difficult, thereby expanding the scope of the risks.
  2. FY2022RestatedAnnual report

    「The company is working to maintain the reliability of power generation and distribution facilities through thorough inspections and maintenance. However, if facilities are damaged by natural disasters, equipment failures or other events, costs could increase due to recovery work and increased generation at other power plants following a plant outage.」

    The company continues to identify the risks of failures at power generation and distribution facilities, recovery work costs and alternative power generation costs.
  3. FY2019RestatedAnnual report

    「The company is working to maintain the reliability of power generation and distribution facilities through thorough inspections and maintenance. However, if facilities are damaged by natural disasters, equipment failures or other events, costs could increase due to recovery work and increased generation at other power plants following a plant outage.」

    The company continues to identify the risks of recovery costs and alternative power generation costs arising from facility failures.
  4. FY2019-Q3MaterialisedAnnual report

    「The 2018 Hokkaido Eastern Iburi Earthquake caused a blackout across Hokkaido, excluding the outlying islands, significantly affecting residents' lives and economic activity.」

    The earthquake actually caused a blackout and supply disruptions across Hokkaido, bringing the risks of facility failures and supply disruptions to the fore.
  5. FY2018RestatedAnnual report

    「The company is working to maintain the reliability of power generation and distribution facilities through thorough inspections and maintenance. However, if facilities are damaged by natural disasters, equipment failures or other events, recovery costs could increase.」

    The company continues to identify the risks of facility failures caused by natural disasters or equipment failures and the resulting recovery costs.
  6. FY2017RestatedAnnual report

    「The company is advancing research and development to address the rapid aging of power generation and distribution facilities and the high utilization of thermal power plants.」

    The company is reaffirming its response to facility failure risks on the assumption that power generation and distribution facilities are aging and thermal power plants are operating at high utilization rates.
  7. FY2016First statedAnnual report

    「The risk of unplanned outages and supply disruptions at thermal power plants is increasing because the facilities are aging and the plants continue to operate at high utilization rates while periodic inspections and major repairs are being deferred. The company will work to strengthen facility maintenance and patrols to secure supply capacity.」

    The company states that dependence on thermal power facilities continues while the Tomari Nuclear Power Station is suspended, and that risks are increasing against a backdrop of aging facilities, high utilization and deferred repairs.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
Hokkaido Electric Power Company's next results are scheduled for 2026-10-30. Read the earnings preview
News
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Unplanned Outages and Supply Disruptions at Aging Thermal Power Generation Facilities | Hokkaido Electric Power Company,Incorporated (9509) | Komori