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Ef-On (9514) · FactReframed

Expansion of renewable energy and wood biomass power generation

First written in FY2017-Q2. 15 of 17 entries say "Reframed", first in FY2017-Q3. Latest entry: FY2026-H1.

17entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseReframedFY2017-Q3 – FY2019-Q2ReframedFY2020-Q2 – FY2026-H12017: 320172018: 420182019: 220192020: 220202021: 120212022: 120222023: 020232024: 220242025: 120252026: 1
Same theme, other companies
Growing demand for renewable energy driven by climate change measuresA theme 13 companies write about · 0 as a headwind · 14 as a tailwind

Ef-On moved to the "Worse" side of this theme in 2018.

The whole theme swung hardest in 2025: 2 of 7 companies on the "Worse" side.

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

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. FY2026-H1ReframedAnnual report

    「In this industry, local consent was obtained for the restart of Tokyo Electric Power Company's Kashiwazaki-Kariwa Nuclear Power Station, marking the first step toward a stable supply of electricity to the Tokyo metropolitan area. Trading prices on the Japan Electric Power Exchange also remained relatively low and stable.」

    In the renewable energy and power generation industries, the focus of the industry environment is shifting beyond renewable energy expansion and regulatory changes toward progress in stable supply through the restart of nuclear power plants and stability in wholesale electricity market prices.
  2. FY2025-H1ReframedAnnual report

    「In addition, the draft of the Seventh Strategic Energy Plan was published. In view of the need to make maximum use of decarbonized power sources to increase the energy self-sufficiency rate, the Cabinet will consider a proposal to change the policy on nuclear power generation from reduction to utilization.」

    Discussion of the industry environment surrounding renewable energy and woody biomass has expanded to include the draft Seventh Basic Energy Plan and consideration of energy policy, including the use of decarbonized power sources and nuclear power.
  3. FY2024-Q3ReframedAnnual report

    「The increase in the renewable energy surcharge and the launch of the capacity market, in which future electricity supply capacity is traded, have increased the burden on electricity consumers following the introduction of a system requiring electricity retailers to bear the cost of maintaining power plants.」

    The focus of the industry environment surrounding renewable energy is shifting from expansion and carbon neutrality toward the increased surcharge and the burden of maintenance costs through the capacity market.
  4. FY2024-Q2ReframedAnnual report

    「In this industry, trading prices on the Japan Electric Power Exchange remained relatively low and stable during the current quarter, when weather conditions were stable. With regard to electricity rates for ordinary consumers, demand for the Electricity and Gas Price Amelioration Program, introduced from bills for January 2023 as a measure to mitigate rate increases caused by the weaker yen and higher energy fuel prices, remained strong, and the program has been extended through electricity used in April 2024.」

    The focus of the industry environment surrounding renewable energy is shifting from expansion and regulatory changes toward stable wholesale electricity prices and the continuation of measures to ease electricity rates amid higher fuel prices and yen depreciation.
  5. FY2022-Q2ReframedAnnual report

    「In this industry, crude oil and natural gas prices continued to rise, while trading prices on the Japan Electric Power Exchange also remained high. As in the previous year, this severely worsened the performance of electricity retailers that use wholesale market power. Although efforts to achieve "2050 Carbon Neutrality" are spreading among ordinary companies, the search for effective specific measures continues. In the use of electricity from renewable energy sources, initiatives have been implemented under which ordinary companies, as well as electricity providers, use non-fossil certificates, and interest is beginning to grow.」

    The focus of the industry environment surrounding renewable energy is shifting toward the impact of soaring crude oil, natural gas and wholesale electricity prices on retailers, and the expanding use of non-fossil certificates by ordinary companies.
  6. FY2021-Q2ReframedAnnual report

    「In this industry, government agencies have begun formulating policies for specific initiatives aimed at achieving the new administration's "2050 Carbon Neutrality" goal announced in October, while private-sector interest in using electricity from renewable energy sources is beginning to grow.」

    Industry perceptions surrounding the expansion of renewable energy use are shifting toward the government's development of specific measures for achieving 2050 carbon neutrality and growing private-sector interest in renewable energy use.
  7. FY2020-Q3ReframedAnnual report

    「In this industry, overall electricity demand has been trending lower due to the spread of COVID-19, which has led manufacturers to curtail operations, various events to be cancelled or discouraged, and the impact of an unusually mild winter. In addition, special measures were introduced to prevent the spread of infection, including postponements in the release of business results and deferred payment of electricity bills for people facing financial hardship.」

    The industry's environment surrounding renewable energy has expanded beyond the spread of renewable energy and institutional changes to include lower electricity demand caused by COVID-19, postponements in the release of business results and special measures such as deferred payment of electricity bills.
  8. FY2020-Q2ReframedAnnual report

    「Reporting at the UN Climate Action Summit on greenhouse gas emissions related to climate change attracted attention, leading to heightened focus on whether Japan should permit power generation using fossil fuels.」

    The industry's focus on the expansion of renewable energy and woody biomass has broadened to include public concern over climate change, greenhouse gas emissions and whether power generation using fossil fuels should be permitted.
  9. FY2019-Q3RestatedAnnual report

    「In this industry, discussions are taking place on issues including costs, securing stable business operators and building next-generation power networks in order to make renewable energy a major power source, based on the contents of the Fifth Strategic Energy Plan approved by the Cabinet in July.」

    The company continues to identify costs, business operators and next-generation power network issues related to making renewable energy a major power source.
  10. FY2019-Q2ReframedAnnual report

    「In this industry, discussions are taking place on issues including costs, securing stable business operators and building next-generation power networks in order to make renewable energy a major power source, based on the contents of the Fifth Strategic Energy Plan approved by the Cabinet in July.」

    The industry's view of the expansion of renewable energy has become more specific, focusing on costs, stable business operators and next-generation power network issues involved in making renewable energy a major power source.
  11. FY2019-Q1ReframedAnnual report

    「In July, the Cabinet approved the Fifth Strategic Energy Plan, which set out a direction toward making renewable energy a major power source by 2030. Growing concern over abnormal weather, including extreme heat, and the widespread power outage across almost the entire Hokkaido Electric Power service area following the Hokkaido Eastern Iburi Earthquake have also drawn renewed attention to the importance of distributed power sources that incorporate a diverse range of power sources. Moves by major companies to cover all of their business electricity needs with renewable energy have also been spreading.」

    The industry's focus on the expansion of renewable energy and woody biomass has developed to include making renewable energy a major power source under the Fifth Strategic Energy Plan, growing attention to distributed power sources and the increased use of renewable energy by companies.
  12. FY2018ReframedAnnual report

    「In the power generation business, solar FIT purchase prices have fallen further since fiscal 2018, and the introduction of a bidding system has also been decided for biomass power generation in the categories of general woody biomass and other fuels, and liquid biomass fuels, with output of 10,000kW or more. These changes are affecting the development plans of new entrants.」

    In addition to the industry's focus on the expansion of renewable energy, the decline in FIT rates and the biomass bidding system have been identified as institutional and competitive factors affecting new development plans.
  13. FY2018-Q3ReframedAnnual report

    「In the power generation business, solar FIT purchase prices have fallen further since fiscal 2018, and the introduction of a bidding system has also been decided for biomass power generation in the categories of general woody biomass and other fuels, and liquid biomass fuels, with output of 10,000kW or more. These changes are affecting the development plans of new entrants. The Group's power plant scheduled to be built in Shingu, Wakayama Prefecture, has already obtained business-plan certification at the fiscal 2017 rate and is therefore unaffected by the rate revision, but the company believes that caution is required when formulating future development plans.」

    The industry's focus on the expansion of renewable energy has broadened to include lower FIT purchase prices, the introduction of a biomass bidding system and the impact on new development plans.
  14. FY2018-Q2ReframedAnnual report

    「In the power generation business, efforts were made to reduce the industry's overreliance on solar power generation because the revised FIT law requires operators to submit business plans, adds equipment inspection and maintenance capabilities to the certification criteria, and feed-in tariff rates are gradually declining. For biomass power generation, the feed-in tariff rate for general woody biomass facilities with output of 20,000kW or more has fallen, making conditions increasingly difficult for the development of large-scale woody biomass power generation projects using so-called imported chips.」

    The industry's focus on the expansion of renewable energy and woody biomass has broadened to include the revised FIT law's business-plan and maintenance requirements, declining feed-in tariff rates and the increasing difficulty of developing large-scale imported-chip projects.
  15. FY2018-Q1ReframedAnnual report

    「In this industry, following the adoption of the Paris Agreement in 2015, the government is expected to further promote energy conservation, reduce reliance on nuclear power, expand the introduction of renewable energy and improve the efficiency of thermal power generation in order to achieve the target energy mix for 2030.」

    The industry's view of the expansion of renewable energy has been organized around policy issues including the Paris Agreement, achievement of the 2030 energy mix, energy conservation, reduced reliance on nuclear power and improved thermal power generation efficiency.
  16. FY2017-Q3ReframedAnnual report

    「As Japan faces the challenge of achieving an energy mix that makes maximum use of renewable energy while limiting the burden on the public, about five years have passed since the original FIT law was introduced. The revised FIT law came into force in April 2017 to address issues arising from the passage of time and changing circumstances. It changed the certification system from certification of facilities to certification of business plans and revised feed-in tariff rates, resulting in lower purchase prices for some forms of power generation, particularly solar power.」

    In addition to the industry's previous focus on the expansion of renewable energy, the discussion has shifted toward balancing expanded adoption with limiting the public burden, as well as changes to the certification system and feed-in tariff rates under the revised FIT law.
  17. FY2017-Q2First statedAnnual report

    「With support from the government and relevant ministries and agencies, awareness of renewable energy has increased. Wood biomass generation, a stable source of electricity, has spread rapidly after solar power, and the certification and operation of large facilities across Japan have brought the share of renewable energy in purchased electricity above 10%.」

    Against a backdrop of government and ministry support, the industry is describing the spread of woody biomass power generation and the expansion of renewable energy's share of purchased electricity as structural developments.
Moved together

"Dependence on Interest-Bearing Debt and Interest-Rate Risk" moved the same way as this thread, in the same document, in 10 of its 17 moves.

10107766★123456
  1. ★This thread
  2. 1Dependence on Interest-Bearing Debt and Interest-Rate Risk10×
  3. 2Political instability in the United States and Europe and geopolitical risks in East Asia10×
  4. 3Response to Full Deregulation of Retail Electricity Sales and Electricity System Reform7×
  5. 4Substantial growth in consolidated revenue and earnings led by the power-generation business7×
  6. 5Advancing operations, facility maintenance and fuel management6×
  7. 6Revenue and operating profit growth in the green energy business6×

★ 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
Ef-On's next results are scheduled for 2026-11-05. Read the earnings preview
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