Komori
Hokkaido Electric Power Company (9509) · RiskWorsenedLatest Earnings presentation (2026-07-30): "Restated"

Decline in Electricity Sales Volumes Due to Competition, Economic Conditions and Energy Conservation

First written in FY2016. 16 of 36 entries say "Worsened", first in FY2017-Q2. Latest entry: 2026-07-30.

36entries
11years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2021-Q3 – FY2022-Q2MitigatedFY2023-Q1 – FY2024-Q2WorsenedFY2024-Q3 – FY2025-H12016: 320162017: 420172018: 320182019: 420192020: 220202021: 320212022: 320222023: 420232024: 320242025: 120252026: 62026
Same theme, other companies

Hokkaido Electric Power Company moved to the "Worse" side of this theme in 2016, 2 years before the typical company in this theme (2018).

The whole theme swung hardest in 2023: 4 of 6 companies on the "Worse" side.

1 other company's latest entry also says "Restated".

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. 2026-07-30RestatedEarnings presentation

    「Retail electricity sales volume totaled 4.837 billion kWh, down 2.9% year on year, due to the highly competitive environment and lower heating demand resulting from warm temperatures in early spring.」

    The quarterly results reaffirmed the decline in retail electricity sales volume against a backdrop of a highly competitive environment and lower heating demand.
  2. FY2026WorsenedAnnual report

    「Retail sales volume for the current consolidated fiscal year decreased △3.0% from the previous fiscal year, mainly because low wholesale electricity market prices and fuel prices resulted in a severe competitive environment.」

    Retail sales volume decreased 3.0% from the previous fiscal year, widening from the 2.8% decline in FY2026-H1 on a full-year basis.
  3. FY2026-H1MitigatedAnnual report

    「Retail sales volume for the six months ended September 30 decreased △2.8% year on year. Although cooling demand increased due to high summer temperatures, the decrease reflected the severe competitive environment and other factors, as wholesale electricity market prices and fuel prices remained low.」

    Retail sales volume decreased 2.8% year on year, but the decline narrowed from 4.3% in the previous interim period. Although lower sales volume due to the competitive environment continued, its impact was alleviated from the previous period.
  4. FY2025-H1WorsenedAnnual report

    「Retail sales volume for the six months ended September 30 decreased △4.3% year on year, due to lower cooling demand as summer temperatures were not as high as in the same period of the previous year, as well as lower industrial demand and other factors.」

    Retail sales volume decreased 4.3% year on year due to lower cooling and industrial demand. The risks of lower sales volume due to competition, economic conditions, energy conservation and other factors are reflected in actual results.
  5. FY2024WorsenedAnnual report

    「Retail sales volume for the current consolidated fiscal year decreased △0.6% from the previous fiscal year. Although the number of customers who had entered into contracts with us increased and cooling demand rose due to high summer temperatures, the decrease reflected the impact of power conservation, energy efficiency measures and other factors.」

    Retail sales volume increased 8.0% in the previous fiscal year but turned to a 0.6% decline in the current fiscal year due to the impact of power conservation, energy efficiency measures and other factors, with the risk of lower sales volume again reflected in actual results.
  6. FY2024-Q3WorsenedAnnual report

    「Retail electricity sales volumes declined 0.3% from the same period of the previous year, as the decline in demand from industrial customers and other factors outweighed the increase in the number of customers under contract with the company.」

    After increasing 8.0% year on year in the previous full fiscal year and 7.6% in the previous quarter, retail sales volume decreased 0.3% in the first nine months of the current fiscal year due to lower industrial demand and other factors. The risk of lower sales volume has re-emerged in the actual results.
  7. FY2024-Q2MitigatedAnnual report

    「Retail electricity sales volumes for the first six months increased 2.1% from the same period of the previous year, due to an increase in the number of customers under contract with the company and higher cooling demand resulting from high summer temperatures.」

    Although the risk of lower sales volume due to the competitive environment, energy conservation and other factors remains, retail sales volume increased 2.1% year on year due to an increase in contracted customers and cooling demand, alleviating the impact of the decline during the current quarter.
  8. FY2024-Q1MitigatedAnnual report

    「Retail electricity sales volumes for the first quarter increased 1.0% from the same period of the previous year, due in part to an increase in the number of customers under contract with the company, despite lower heating demand due to high temperatures in early spring.」

    Although heating demand declined, retail sales volume increased 1.0% year on year due to an increase in contracted customers and other factors, alleviating the impact of lower sales volume due to competition, energy conservation and other factors during the current quarter.
  9. FY2023MitigatedAnnual report

    「Retail sales volume for the current consolidated fiscal year increased 8.0% from the previous fiscal year, mainly due to an increase in customers who had entered into contracts with us.」

    Retail sales volume increased 8.0% year on year due to an increase in contracted customers and other factors, alleviating the impact of lower sales volume due to competition and other factors during the current fiscal year.
  10. FY2023-Q3MitigatedAnnual report

    「Retail electricity sales volumes for the first nine months increased 9.1% from the same period of the previous year, due in part to an increase in the number of customers under contract with the company.」

    Despite the competitive environment, retail sales volume increased 9.1% year on year due to an increase in contracted customers and other factors, alleviating the impact of lower sales volume during the current cumulative period.
  11. FY2023-Q2MitigatedAnnual report

    「Retail electricity sales volumes for the first six months increased 7.6% from the same period of the previous year, due in part to an increase in the number of customers under contract with the company.」

    Despite the competitive environment, retail sales volume increased 7.6% year on year due to an increase in contracted customers and other factors, temporarily easing the impact of the risk of lower sales volume.
  12. FY2023-Q1MitigatedAnnual report

    「Retail electricity sales volumes for the first nine months increased 5.1% from the same period of the previous year, due in part to an increase in the number of customers under contract with the company.」

    Despite the competitive environment, retail sales volume increased 5.1% year on year due to an increase in contracted customers and other factors, temporarily easing the impact of the risk of lower sales volume.
  13. FY2022WorsenedAnnual report

    「Despite active sales efforts, retail sales volume decreased △2.3% from the previous fiscal year due to the continued severe competitive environment and lower heating demand resulting from temperature conditions.」

    Retail sales volume decreased 2.3% year on year, with lower sales volume due to the competitive environment and lower heating demand reflected in actual results.
  14. FY2022-Q2MitigatedAnnual report

    「Although active sales efforts continued, retail sales volume decreased △1.9% year on year due to the impact of customers switching contracts to other providers and other factors.」

    Although the decline in retail sales volume due to customers switching contracts to other providers continued, the decline rate narrowed from △2.2% year on year in the previous period to △1.9%.
  15. FY2022-Q1MitigatedAnnual report

    「Retail electricity sales volumes declined 1.3% year on year. Although there was an increase as the impact of COVID-19 diminished, lower heating demand due in part to higher temperatures in early spring than in the same period of the previous year weighed on sales.」

    Retail sales volume decreased 1.3% year on year, a slight improvement from the 1.4% decrease in the previous disclosure. Although volume increased as the impact of infectious disease diminished, the impact of lower heating demand due to temperatures remained.
  16. FY2021-Q3MitigatedAnnual report

    「Retail electricity sales volumes declined 1.4% from the same period of the previous year, despite a steady increase in high-voltage and extra-high-voltage customers switching to the company as a result of sales activities addressing customer needs. The decline reflected lower operating rates among commercial customers and reduced production by industrial customers, due in part to the impact of COVID-19.」

    Although the decline in retail sales volume continued, the decline rate narrowed from △2.2% year on year in the previous disclosure to △1.4%. Meanwhile, the impact of lower commercial and industrial demand due to infectious disease continued.
  17. FY2021-Q2WorsenedAnnual report

    「Retail electricity sales volumes declined 2.2% from the same period of the previous year, despite a steady increase in high-voltage and extra-high-voltage customers switching to the company as a result of sales activities addressing customer needs. The decline reflected lower operating rates among commercial customers and reduced production by industrial customers, due in part to the impact of COVID-19.」

    Although sales to high-voltage and extra-high-voltage customers increased through sales activities, the decline in operating rates and production in commercial and industrial demand due to infectious disease resulted in an actual decrease in retail sales volume.
  18. FY2020-Q3MitigatedAnnual report

    「Retail electricity sales volumes turned to growth, increasing 0.3% from the same period of the previous year, as sales volumes in the high-voltage and extra-high-voltage segments increased due to the company’s sales activities addressing customer needs.」

    Retail sales volume increased 0.3% year on year, turning upward from the decline recorded as of FY2020-Q2. The impact of lower sales volume due to competition and other factors was further alleviated.
  19. FY2020-Q2MitigatedAnnual report

    「Retail electricity sales volumes declined 1.7% from the same period of the previous year due in part to growing awareness of power conservation and energy efficiency. However, continued sales activities addressing customer needs turned sales volumes in the high-voltage and extra-high-voltage segments to growth, significantly narrowing the decline in total retail electricity sales volumes from 7.6% in the same period of the previous year.」

    Although the decline in retail sales volume continued, the decline rate narrowed from 7.6% year on year in the previous period to 1.7%, and sales volume in the high-voltage and extra-high-voltage segments turned upward. The impact of lower sales volume due to competition, energy conservation and other factors was partially alleviated.
  20. FY2020-Q1MitigatedAnnual report

    「Retail sales volume decreased 4.7% from the same cumulative period of the previous fiscal year, mainly due to the impact of customers switching contracts to other providers.」

    Although the decline in retail sales volume continued, the decline rate narrowed from 6.2% year on year in the previous period to 4.7%.
  21. FY2019WorsenedAnnual report

    「Total sales volume decreased 8.2% from the previous consolidated fiscal year.」

    The year-on-year decline in annual sales volume widened from 7.5% in the previous fiscal year to 8.2% due to contract switching, cooperation in power conservation following the earthquake and lower heating demand resulting from higher temperatures.
  22. FY2019-Q3WorsenedAnnual report

    「Sales volume decreased 8.7% from the same cumulative period of the previous fiscal year.」

    Customers switching contracts to other providers, power outages caused by the earthquake and cooperation in power conservation resulted in an 8.7% year-on-year decline in sales volume.
  23. FY2019-Q1MitigatedAnnual report

    「Sales volume decreased 6.2% from the same cumulative period of the previous fiscal year, mainly due to the impact of customers switching contracts to other providers.」

    Although the decline in sales volume due to customers switching contracts to other providers continued, the decline rate narrowed from 8.3% year on year in the previous period to 6.2%.
  24. FY2018WorsenedAnnual report

    「Sales volume decreased 7.5% from the previous consolidated fiscal year, mainly due to the impact of customers switching contracts to other providers.」

    The year-on-year decline in annual sales volume widened from 6.2% in the previous fiscal year to 7.5% due to contract switching and other factors.
  25. FY2018-Q3RestatedAnnual report

    「Sales volume for the first nine months of the current consolidated fiscal year decreased 8.6% from the same cumulative period of the previous fiscal year, mainly due to the impact of customers switching contracts to other providers.」

    Sales volume decreased 8.6% year on year due to customers switching contracts to other providers and other factors. The decline rate was unchanged from the previous quarter, indicating that the risk of lower sales volume due to competition and other factors remains.
  26. FY2018-Q2WorsenedAnnual report

    「Sales volume for the first six months of the current consolidated fiscal year decreased 8.6% from the same cumulative period of the previous fiscal year, mainly due to the impact of customers switching contracts to other providers.」

    The year-on-year decline in sales volume due to customers switching contracts to other providers widened to 8.6%, from the 8.3% decrease in FY2018-Q1.
  27. FY2018-Q1WorsenedAnnual report

    「Sales volume for the first three months of the current consolidated fiscal year decreased 8.3% from the same cumulative period of the previous fiscal year, mainly due to the impact of customers switching contracts to other providers.」

    The year-on-year decline in sales volume due to customers switching contracts to other providers widened to 8.3%, worsening from the 5.0% decrease in the first quarter of the previous fiscal year.
  28. FY2017RestatedAnnual report

    「Sales volume for the current consolidated fiscal year decreased 6.2% from the previous consolidated fiscal year. Although heating demand increased as temperatures in early spring and winter remained lower than in the previous year, the decrease was due to the impact of customers switching contracts to other providers and a decline in our electricity sales resulting from increased operation of some customers’ own power-generation facilities.」

    Annual sales volume decreased 6.2% year on year due to the impact of customers switching contracts and increased operation of their own power-generation facilities.
  29. FY2017-Q3RestatedAnnual report

    「Sales volume for the first nine months of the current consolidated fiscal year decreased 6.0% from the same cumulative period of the previous fiscal year. Although heating demand increased as temperatures in early spring and winter remained lower than in the previous year, the decrease was due to the impact of customers switching contracts to other providers and a decline in our electricity sales resulting from increased operation of some customers’ own power-generation facilities.」

    The decline in sales volume due to customers switching contracts to other providers and increased operation of their own power-generation facilities continued, resulting in a 6.0% year-on-year decrease.
  30. FY2017-Q2WorsenedAnnual report

    「Sales volume for the first six months of the current consolidated fiscal year decreased 6.3% from the same cumulative period of the previous fiscal year. Although heating demand increased as temperatures in early spring remained lower than in the previous year, the decrease was due to the impact of customers switching contracts to other providers and a decline in our electricity sales resulting from increased operation of some customers’ own power-generation facilities.」

    The decline in sales volume due to customers switching contracts to other providers and increased operation of their own power-generation facilities continued, with the year-on-year decline widening from 5.0% in the previous quarter to 6.3%.
  31. FY2017-Q1MaterialisedAnnual report

    「Sales volume decreased 5.0% from the same cumulative period of the previous fiscal year, due to the impact of customers switching contracts to other providers and a decline in our electricity sales resulting from increased operation of some customers’ own power-generation facilities.」

    Sales volume decreased 5.0% year on year due to customers switching contracts to other providers and increased operation of their own power-generation facilities, confirming that competition and customer-owned generation had reduced sales volume.
  32. FY2016First statedAnnual report

    「If electricity sales volumes decline because of intensifying competition with other operators, lower economic and production activity due to economic conditions, progress in energy conservation, temperature effects or other factors, operating performance could be affected.」

    The company identifies competition under retail liberalization, economic conditions, energy conservation and temperature as factors affecting electricity sales volumes.
Moved together

"Fluctuations in Fuel Prices and Foreign Exchange Rates" moved the same way as this thread, in the same document, in 16 of its 36 moves.

16111110108★123456
  1. ★This thread
  2. 1Fluctuations in Fuel Prices and Foreign Exchange Rates16×
  3. 2Return to ordinary profitability and resumption of dividend payments11×
  4. 3Interest-bearing debt and fluctuations in market interest rates11×
  5. 4Improving Earnings and Strengthening the Financial Base10×
  6. 5Sales Strategies and Value-Added Services Tailored to Customer Needs10×
  7. 6Changes in Fuel Costs Due to Fluctuations in Rainfall and Snowfall8×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Hokkaido Electric Power Company's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Earnings presentation of 2026-07-30: "Restated".
News
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