Risk of Procurement Cost Fluctuations Due to Tight LNG Supply and Demand and Soaring Wholesale Electricity Market Prices
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2026.
3 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Fluctuations in electricity market and LNG prices may affect earnings. The Company is therefore working on market risk management on both the demand and supply sides.」
The Company continues to monitor the risk of fluctuations in electricity market and LNG prices and manage market risk on both the demand and supply sides. - FY2024MitigatedAnnual report
「The business has been significantly affected by market conditions, including the suppression of procurement costs in the electricity business as prices on the Japan Electric Power Exchange (JEPX) remained low and stable.」
Wholesale electricity market prices remained low and stable, which helped contain procurement costs in the electricity business. - FY2022RestatedAnnual report
「Fluctuations in electricity market and LNG prices may affect earnings. The Company is therefore working on market risk management on both the demand and supply sides.」
The Company continues to recognise the risk of fluctuations in LNG and electricity market prices and presents market risk management on both the demand and supply sides as a response measure. - FY2021MaterialisedAnnual report
「The Group recognises that volatility in the LNG and electricity markets, which became evident due to tight LNG supply and demand and surging prices on the wholesale electricity market, will continue to have a significant impact, and will consider measures to stabilise its gas and electricity businesses.」
Tight LNG supply and demand and surging wholesale electricity market prices have materialised, and the risk has been newly presented separately as having affected procurement costs and earnings in the gas and electricity businesses.