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The Okinawa Electric Power Company (9511) · InitiativeCited as achieved

Specific consideration of broad-based electricity tariff increases in April 2023

First written in FY2023-Q2. 4 of 7 entries say "Cited as achieved", first in FY2024-Q1. Latest entry: FY2024.

7entries
3years
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2023-Q2AdvancedFY2023-Q3 – FY2023Cited as achievedFY2024-Q1 – FY20242022: 120222023: 420232024: 22024
Same theme, other companies
Electricity tariff increases and revisions in response to surging fuel pricesA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2024Cited as achievedAnnual report

    「The company decided to review all electricity tariffs, including a regulated-tariff increase for the first time in 43 years.」

    The company restated the liberalized-sector tariff review implemented in the previous fiscal year and the introduction of new regulated-sector tariffs from June 2023 as prerequisites for improving business performance and restoring its financial base in the current fiscal year.
  2. FY2024-Q3Cited as achievedAnnual report

    「Although this was an extremely difficult decision, the company decided to review all electricity tariffs, including a regulated-tariff increase for the first time in 43 years, on the premise of thorough management rationalization.」

    The company restated the tariff review, including a regulated-tariff increase for the first time in 43 years, as the background to introducing new regulated-sector tariffs and reviewing liberalized-sector tariffs.
  3. FY2024-Q2Cited as achievedAnnual report

    「For the cumulative second quarter of the current consolidated fiscal year, revenue (operating revenue) from the electricity business increased by ¥11.763 billion, or 9.9%, from the same period of the previous year to ¥130.501 billion, owing mainly to electricity tariff revisions.」

    Electricity tariff revisions implemented in the previous fiscal year continued to be cited as a factor behind higher electricity business revenue in the second quarter.
  4. FY2024-Q1Cited as achievedAnnual report

    「Revenue (operating revenue) from the electricity business increased by ¥5.326 billion, or 11.0%, from the same period of the previous year to ¥53.778 billion, owing mainly to electricity tariff revisions.」

    After introducing new tariffs in the regulated sector and reviewing tariffs in the liberalized sector in the previous fiscal year, the company cited electricity tariff revisions as a factor behind higher electricity business revenue for the quarter.
  5. FY2023AchievedAnnual report

    「The company applied for an increase in regulated-sector electricity tariffs, and implemented new tariffs from June 2023 following government review. It also reviewed electricity tariffs in the liberalized sector from April 2023.」

    Moving beyond the specific consideration and planned application reported in the previous quarter, the company reviewed tariffs in the liberalized sector from April 2023 and introduced new tariffs in the regulated sector from June 2023.
  6. FY2023-Q3AdvancedAnnual report

    「In light of these circumstances, to maintain a stable power supply, the company plans to apply for an increase in regulated-sector electricity tariffs from April 2023* and to review electricity tariffs in the liberalized sector from around the same time.」

    Moving beyond the specific consideration initiated in the previous quarter, the company applied for a regulated-sector tariff increase from April 2023 and planned to review tariffs in the liberalized sector from around the same time.
  7. FY2023-Q2First statedAnnual report

    「To maintain a stable power supply, the company has begun specific consideration of implementing tariff increases in April 2023* for all electricity tariffs, including regulated tariffs.」

    As rising fuel prices created costs that could not be fully passed through to customers, the company began specific consideration of implementing tariff increases in April 2023 for all tariffs, including regulated tariffs. It also noted that implementation of regulated tariffs could be delayed due to government review and other procedures.
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The Okinawa Electric Power Company's next results are scheduled for 2026-10-30. Read the earnings preview
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