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The Okinawa Electric Power Company (9511) · RiskMaterialised

Fluctuations in Electricity Sales Volume Due to Energy Conservation, Weather, Economic Conditions and Competition

First written in FY2018. 16 of 25 entries say "Materialised", first in FY2019-Q2. Latest entry: 2026-07-31.

25entries
9years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2022-Q2 – FY2023-Q1MaterialisedFY2023 – 2026-07-312018: 220182019: 420192020: 320202021: 420212022: 220222023: 320232024: 220242025: 120252026: 42026
Same theme, other companies

The Okinawa Electric Power Company moved to the "Worse" side of this theme in 2018, the same year as the typical company in this theme.

The whole theme swung hardest in 2021: 5 of 8 companies on the "Worse" side.

3 other companies' latest entry also says "Materialised".

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. 2026-07-31MaterialisedResults presentation

    「小売 計 1,604 1,575 △29 △1.8」

    小売販売電力量は前年同期比1.8%減となった。一方、卸売を含む総販売電力量は1.0%増となっている。
  2. FY2026MaterialisedAnnual report

    「As a result, combined lighting and power sales volume fell 1.8% from the previous fiscal year to 7.206 billion kWh.」

    The risk of fluctuations in electricity sold due to temperatures, customers switching contracts to other providers, energy conservation and other factors materialised as a 1.8% full-year decline.
  3. FY2026-H1MaterialisedAnnual report

    「During the interim consolidated fiscal period under review, electricity sold for lighting fell below the same period of the previous year because the decline in demand resulting from temperatures remaining lower than in the previous year outweighed the increase in demand from the growth in new customers. Electricity sold for power also fell below the same period of the previous year due to lower demand resulting from temperatures and lower demand from the water utility industry in the industrial-use segment.」

    The risk of fluctuations in electricity sold due to weather conditions and changes in industrial demand has materialised as electricity sold for both lighting and power falling below the same period of the previous year.
  4. FY2024MaterialisedAnnual report

    「During the fiscal year under review, electricity sold for lighting fell below the previous consolidated fiscal year due to lower demand resulting from energy conservation and customers switching contracts to other providers.」

    The risk of demand fluctuations due to energy conservation and customers switching contracts to other providers materialised as a 1.5% full-year decline in electricity sold.
  5. FY2024-Q3MaterialisedAnnual report

    「As a result, combined lighting and power sales volume fell 2.1% year on year to 5.503 billion kWh.」

    The risk of fluctuations in electricity sold due to weather, energy conservation, competition and other factors has materialised as a 2.1% decline in total electricity sold for the cumulative third-quarter period.
  6. FY2024-Q2WorsenedAnnual report

    「As a result, combined lighting and power sales volume fell 3.5% year on year to 3.743 billion kWh.」

    The risk of fluctuations in electricity sold due to weather, energy conservation, competition and other factors materialised as a 3.5% decline in total electricity sold in the second quarter.
  7. FY2023MaterialisedAnnual report

    「During the fiscal year under review, electricity sold for lighting fell below the previous consolidated fiscal year because the decline in demand resulting from customers switching contracts to other providers outweighed the increase in demand caused by summer temperatures remaining higher than in the previous year. Electricity sold for power exceeded the previous consolidated fiscal year due to increased demand resulting from the recovery from the impact of COVID-19 and temperature-related factors.」

    Demand fluctuations resulting from weather conditions, contract switching, and the recovery from the impact of infectious diseases were reflected in full-year electricity sold for lighting and power.
  8. FY2023-Q3Demand fluctuation factors continue.Annual report

    「As a result, combined lighting and power sales volume rose 0.9% year on year to 5.621 billion kWh.」

    A decline in demand for lighting due to contract switching and an increase in demand for electricity as the impact of COVID-19 waned occurred simultaneously, resulting in a 0.9% increase in total electricity sold.
  9. FY2023-Q1MaterialisedAnnual report

    「Electricity sales volume during the first quarter of the current consolidated cumulative period was below the same period of the previous year for lighting, owing to lower demand resulting from customers switching contracts to other operators and temperatures remaining lower than in the previous year. For electricity, although demand increased as the impact of COVID-19 weakened, lower demand resulting from temperatures remaining lower than in the previous year and customers switching contracts to other operators caused sales volume to fall below the same period of the previous year.」

    Fluctuations in electricity sold due to temperatures, competition with other providers, and contract switching are reflected in a 4.0% year-on-year decline in total electricity sold.
  10. FY2022-Q3MaterialisedAnnual report

    「As a result, combined lighting and power sales volume fell 1.1% year on year to 5.572 billion kWh.」

    Demand fluctuations caused by temperatures, customers switching contracts to other providers, and the fading impact of infectious diseases are reflected in a 1.1% year-on-year decline in total electricity sold.
  11. FY2022-Q2MaterialisedAnnual report

    「As a result, combined lighting and power sales volume fell 1.9% year on year to 3.823 billion kWh.」

    The risks of fluctuations in electricity sales volume due to customers switching contracts to other operators, temperatures and the impact of infectious diseases emerged as a 1.9% year-on-year decline in total electricity sales volume in the second quarter.
  12. FY2022-Q1Demand growth from higher temperatures outweighed the impact of competitionAnnual report

    「Electricity sales volume during the first quarter of the current consolidated cumulative period was approximately unchanged from the same period of the previous year for lighting, as an increase in demand resulting from temperatures remaining higher than in the previous year offset a decline in demand due to customers switching contracts to other operators and other factors. Electricity sales volume exceeded the same period of the previous year, owing to increased demand as the impact of COVID-19 weakened compared with the previous year and temperatures remained relatively high.」

    Although demand declined due to competition with other operators, electricity sales volume exceeded the year-earlier period because demand increased as temperatures rose and the impact of COVID-19 weakened.
  13. FY2021MaterialisedAnnual report

    「Electricity sales volume fluctuates depending on weather conditions, including temperatures and typhoons, economic trends, progress in energy conservation, competition with other operators and other factors. Accordingly, the Group’s business performance may be affected by these conditions.」

    The risks of fluctuations in electricity sales volume due to weather, economic conditions, energy conservation and competition continued to be reflected in a full-year decline in electricity sales volume and fluctuations in business performance.
  14. FY2021-Q3RestatedAnnual report

    「During the first nine months of the fiscal year, electricity sales volume for lighting exceeded the year-earlier period because higher demand resulting from summer temperatures remaining higher than in the previous year outweighed the decline in demand due to customers switching contracts to other operators. Sales volume for power was below the year-earlier period due to lower demand resulting from the impact of the spread of COVID-19 and customers switching contracts to other operators.」

    While higher temperatures led to increased demand for lighting, lower demand for power due to the spread of COVID-19 and customers switching contracts to other operators continued, resulting in actual fluctuations in electricity sales volume.
  15. FY2021-Q2MaterialisedAnnual report

    「During the first six months of the fiscal year, electricity sales volume for lighting exceeded the year-earlier period due to higher demand resulting from temperatures remaining higher than in the previous year. Sales volume for power was below the year-earlier period due to lower demand resulting from the impact of the spread of COVID-19 and customers switching contracts to other operators.」

    While weather conditions led to higher demand, fluctuations in electricity sales volume due to the spread of COVID-19 and competition with other operators and contract switching actually occurred.
  16. FY2021-Q1RestatedAnnual report

    「Electricity sales volume during the current first-quarter consolidated cumulative period was below the year-earlier level for both lighting and power. Lighting sales were lower owing in part to a decline in demand as customers switched contracts to other providers, while power sales were lower owing in part to the impact of the spread of COVID-19 and a decline in demand as customers switched contracts to other providers.」

    Fluctuations in electricity sales volume due to competition with other operators, contract switching and the spread of COVID-19 continued to emerge as first-quarter sales volume falling below the year-earlier period.
  17. FY2020-Q3RestatedAnnual report

    「Electricity sales volume during the current third-quarter consolidated cumulative period was below the year-earlier level for both lighting and power, despite increased demand from new customers, owing in part to a decline in demand as customers switched contracts to other providers.」

    Fluctuations in electricity sales volume due to competition with other operators and contract switching continued to emerge as third-quarter electricity sales volume falling below the year-earlier period.
  18. FY2020-Q2MaterialisedAnnual report

    「Electricity sales volume during the current second-quarter consolidated cumulative period was below the year-earlier level for both lighting and power, despite increased demand from new customers, owing in part to a decline in demand as customers switched contracts to other providers.」

    The risk of demand fluctuations due to competition with other operators and contract switching emerged as second-quarter electricity sales volume falling below the year-earlier period.
  19. FY2020-Q1RestatedAnnual report

    「Electricity sales volume during the current first-quarter consolidated cumulative period was below the year-earlier level for both lighting and power. Lighting sales were lower despite an increase in the number of customers, owing to lower temperatures than in the previous year and a decline in demand as customers switched contracts to other providers. Power sales were lower because temperatures were lower than in the previous year and demand declined as customers switched contracts to other providers.」

    Fluctuations in electricity sales volume due to temperatures, competition with other operators and contract switching continued to emerge as a decline in first-quarter electricity sales volume.
  20. FY2019MaterialisedAnnual report

    「For the fiscal year, electricity sales volume for lighting was below the previous fiscal year despite an increase in the number of customers, due to lower air-conditioning and heating demand resulting from summer temperatures being lower and winter temperatures higher than in the previous fiscal year. Sales volume for power was also below the previous fiscal year due to lower summer temperatures than in the previous fiscal year and lower demand resulting from customers switching contracts to other operators.」

    The risk of fluctuations in electricity sales volume due to temperatures, power saving and energy conservation, competition with other operators and contract switching emerged as a full-year decline in electricity sales volume.
  21. FY2019-Q3RestatedAnnual report

    「During the first nine months of the fiscal year, electricity sales volume for lighting was below the year-earlier period despite an increase in the number of customers, due to lower demand resulting from summer temperatures remaining lower than in the previous year, which experienced exceptionally hot weather. Sales volume for power was also below the year-earlier period due to lower summer temperatures than in the previous year and lower demand resulting from customers switching contracts to other operators.」

    Fluctuations in electricity sales volume due to temperatures, competition with other operators and contract switching continued to emerge as a decline in electricity sales volume in the third quarter.
  22. FY2019-Q2MaterialisedAnnual report

    「During the first six months of the fiscal year, electricity sales volume for lighting was below the year-earlier period despite an increase in the number of customers, due to lower demand resulting from summer temperatures remaining lower than in the previous year, which experienced exceptionally hot weather. Sales volume for power was also below the year-earlier period due to lower summer temperatures than in the previous year and lower demand resulting from customers switching contracts to other operators.」

    The risk of fluctuations in electricity sales volume due to temperatures, competition with other operators and contract switching emerged as a decline in electricity sales volume in the second quarter.
  23. FY2018First statedAnnual report

    「Electricity sales volume fluctuates depending on weather conditions, including temperatures and typhoons, economic trends, progress in energy conservation, competition with other operators and other factors. Accordingly, the Group’s business performance may be affected by these conditions.」

    Weather, economic conditions, energy conservation and competition with other operators are comprehensively identified as factors affecting fluctuations in electricity sales volume.
Moved together

"Changes in Interest-Bearing Debt, Interest Rates and Credit Ratings" moved the same way as this thread, in the same document, in 13 of its 25 moves.

1355543★123456
  1. ★This thread
  2. 1Changes in Interest-Bearing Debt, Interest Rates and Credit Ratings13×
  3. 2Free cash flow outflow5×
  4. 3Fluctuations in fuel prices and foreign exchange rates5×
  5. 4Decline in electricity demand due to customers switching contracts to other operators5×
  6. 5Stable annual dividend of ¥60 and maintenance of DOE of at least 2.0%4×
  7. 6Continuity of Management Policies and Strategies3×

★ 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
The Okinawa Electric Power Company's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Results presentation of 2026-07-31: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.