Resumption of the parent company’s electricity retail business and sales using non-fossil certificates
First written in FY2020. 7 of 18 entries say "Advanced", first in FY2021. Latest entry: FY2026.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「For the current consolidated fiscal year, this business segment reported revenue of ¥7,407 million, up 105.5% year on year, and a segment loss of ¥289 million, compared with segment profit of ¥130 million in the previous consolidated fiscal year.」
While contracted electricity volumes doubled revenue in the electricity retailing business, the segment swung to a loss due to an increase in fixed-price contracts and higher market prices. Gains on electricity futures transactions and valuation gains were recorded as non-operating income. - FY2026-H1AdvancedAnnual report
「During the current interim consolidated accounting period, new sales contracts acquired in October contributed to a doubling of revenue. As a result, this segment returned to profitability.」
In the electricity retailing business, it states that new sales contracts acquired in October contributed to a doubling of revenue, resulting in the segment's return to profitability. - FY2025AdvancedAnnual report
「During the current consolidated fiscal year, we worked to expand the volume of electricity contracted for sale to customers and substantially increased revenue. Electricity supply-and-demand contracts commonly run from April through March of the following year, making it difficult to acquire contracts during the contract period. As a result, selling, general and administrative expenses, including personnel expenses, increased ahead of revenue as staffing for this business segment was expanded, causing profit to decline. However, we secured a certain number of contracts in the final quarter of the current consolidated fiscal year and achieved profitability.」
In the electricity retailing business, it states that the company expanded contracted electricity volumes, absorbed the initial increase in staffing and selling, general and administrative expenses associated with strengthening sales, and achieved profitability through contract acquisitions in the final quarter. - FY2025-H1ReframedAnnual report
「During the current interim consolidated accounting period, we worked to expand contracted electricity sales and increased revenue, but profit declined because higher selling, general and administrative expenses associated with increased staffing to strengthen sales outweighed the revenue growth.」
The electricity retailing business increased revenue by expanding the volume of electricity under sales contracts, while profit declined due to increased staffing and higher selling, general and administrative expenses associated with strengthening sales. - FY2024-Q3RestatedAnnual report
「Our electricity retailing business promotes the sale to customers of electricity generated at Group power plants as green electricity combined with traceable non-fossil certificates. During the current quarterly accounting period, we focused on market-linked electricity sales and maintained profitability for the second consecutive quarter.」
It states that green electricity sales using non-fossil certificates and market-linked sales continued, maintaining profitability for the second consecutive quarter. - FY2024-Q2RestatedAnnual report
「During the current quarterly accounting period, we focused on market-linked electricity sales and achieved a return to profitability.」
Regarding green electricity sales using non-fossil certificates, it continues to state that the company focused on market-linked sales and maintained the electricity retailing business's return to profitability. - FY2024-Q1AdvancedAnnual report
「Our electricity retailing business has been promoting the sale to customers of electricity generated at Group power plants as green electricity combined with traceable non-fossil certificates. During the current quarterly accounting period, we focused on acquiring sales contracts linked to stabilizing electricity market prices and achieved a return to profitability.」
Regarding green electricity sales using non-fossil certificates, it states that the company focused on acquiring sales contracts linked to stabilizing market prices and achieved a return to profitability in the electricity retailing business. - FY2023-Q3ReframedAnnual report
「The electricity retailing business in the Other segment focused on acquiring market-linked electricity supply contracts and achieved a certain level of results. It sells to customers electricity generated at Group power plants as green electricity combined with traceable non-fossil certificates, with an extremely low carbon dioxide emission factor. Operating profit has been improving compared with the same period of the previous year, and the Group will continue to contribute to society through the sale of carbon dioxide-free renewable electricity generated by its power plants.」
In the electricity retailing business, the focus shifted from refraining from aggressive contract expansion in response to persistently high market prices to acquiring market-linked electricity supply contracts, and the company reported a certain level of results and an improving trend in operating profit. - FY2023-Q2ReframedAnnual report
「Under these circumstances, our electricity retailing business sells to customers electricity generated at Group power plants as green electricity combined with traceable non-fossil certificates, with an extremely low carbon dioxide emission factor. In the electricity retailing business in the Other segment, revenue decreased from the same period of the previous year as the company pursued a review of contracts for external sales, but profitability has been improving.」
While continuing green electricity sales using non-fossil certificates, the electricity retailing business has shifted toward reducing revenue through a review of external sales contracts and prioritizing improved profitability. - FY2023-Q1RestatedAnnual report
「Under these circumstances, our electricity retailing business has been promoting the sale to customers of electricity generated at Group power plants as green electricity combined with traceable non-fossil certificates, but the suspension of aggressive contract expansion due to persistently high market prices has continued.」
While green electricity sales using non-fossil certificates have continued, the suspension of aggressive contract expansion due to persistently high market prices has also continued. - FY2022-Q3RestatedAnnual report
「Under these circumstances, our electricity retailing business has been promoting the sale to customers of electricity generated at Group power plants as green electricity combined with traceable non-fossil certificates, but the suspension of aggressive contract acquisition due to persistently high market prices has continued.」
While promoting green electricity sales using non-fossil certificates, the suspension of aggressive contract acquisition due to persistently high market prices has continued. - FY2022-Q2SoftenedAnnual report
「Under these circumstances, our electricity retailing business has been promoting the sale to customers of electricity generated at Group power plants as green electricity combined with traceable non-fossil certificates. However, due to persistently high market prices, we decided to temporarily suspend the aggressive acquisition of contracts.」
While the initiative to sell green electricity using non-fossil certificates continues, it has been scaled back to the stage of temporarily suspending aggressive contract acquisition in response to persistently high market prices. - FY2022-Q1AdvancedAnnual report
「We have entered into specified wholesale supply agreements with our subsidiary power plants for use in EF-ON's retail electricity business not only in Kyushu but also in the Kanto and Tohoku regions, and by purchasing traceable non-fossil certificates, we have established the framework to sell electricity generated by our group as 100% renewable energy.」
In the electricity retailing business, the target area was expanded from Kyushu to Kanto and Tohoku, and an environment was established for selling 100% renewable electricity using specified wholesale supply contracts and non-fossil certificates. - FY2021AdvancedAnnual report
「The Company Group has launched a business selling to customers electricity generated at the Group's woody biomass power plants with added environmental value.」
Electricity retailing leveraging the environmental value of FIT electricity has progressed from the policy and restart-planning stage to the stage of launching a business selling to customers. - FY2020First statedAnnual report
「All electricity generated by the Group's power plants is renewable electricity under FIT. As a new strategy to further enhance its value by leveraging its carbon-free characteristics, the parent company will resume its electricity retail business and focus on selling electricity using non-fossil certificates from the subsidiary power plants.」
The Company sets out a new strategy to resume electricity retailing at the parent company and focus on sales using non-fossil certificates to capitalize on the environmental value of FIT electricity.