Policy and Regulatory Changes and Intensifying Competition in the Energy Business
First written in FY2016. 15 of 30 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2026-H1.
Osaka Gas 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 2024: 8 of 21 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「No new business or other risks arose during the six months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Group has reconfirmed that there have been no newly arising risks or material changes concerning business and other risks, including policy and regulatory changes and intensifying competition in the energy business. - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the six months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Group states that there have been no newly arising risks or material changes concerning business and other risks, including policy and regulatory changes and intensifying competition in the energy business. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Group states that there have been no newly arising risks or material changes concerning business and other risks, including policy and regulatory changes and intensifying competition in the energy business. - FY2024-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Group states that there have been no newly arising risks or material changes concerning business and other risks, including policy and regulatory changes and intensifying competition in the energy business. - FY2023-Q3MaterialisedAnnual report
「The number of gas supply customers was 4.997 million, down 0.8% from the end of the third quarter of the previous fiscal year. Gas sales volume was 4.931 billion m3, down 0.8% from the same quarter of the previous fiscal year. Of this, residential gas sales volume was 1.096 billion m3, down 5.2% due to the impact of air and water temperatures, switching to other companies and other factors.」
The impact of intensifying competition resulting from switching to other companies and other factors was reflected in results as a decline of 0.8% in the number of gas supply customers and a 5.2% year-on-year decline in residential gas sales volume. - FY2023-Q2MaterialisedAnnual report
「The number of gas supply customers was 4.989 million, down 1.2% from the end of the second quarter of the previous fiscal year. Of this, residential gas sales volume was 589 million m3, down 7.6% from the same quarter of the previous fiscal year due to the impact of air and water temperatures, switching to other companies and other factors.」
The impact of intensifying competition resulting from switching to other companies and other factors was reflected in results as a decline of 1.2% in the number of gas supply customers and a 7.6% year-on-year decline in residential gas sales volume. - FY2023-Q1MaterialisedAnnual report
「The number of gas supply customers was 5.004 million, down 1.6% from the end of the first quarter of the previous fiscal year. Residential gas sales volume was 390 million m3, down 3.6% from the same quarter of the previous fiscal year due to the impact of air and water temperatures, switching to other companies and other factors.」
The impact of intensifying competition resulting from switching to other companies and other factors was reflected in results as a decline of 1.6% in the number of gas supply customers and a 3.6% year-on-year decline in residential gas sales volume. - FY2022MaterialisedAnnual report
「The number of gas supply customers was 5.026 million, down 2.3% from the end of the previous fiscal year, and residential gas sales volume was 1.854 billion m3, down 2.6% from the previous fiscal year due to competitive pressure and other factors.」
The impact of intensifying competition and consumers' choice of operator was reflected in full-year results as declines in the number of gas supply customers and residential gas sales volume. - FY2022-Q3MaterialisedAnnual report
「The number of gas supply customers was 5.038 million, down 2.8% from the end of the third quarter of the previous fiscal year. Gas sales volume was 4.867 billion m3, down 1.2% from the same quarter of the previous fiscal year. Of this, residential gas sales volume was 1.071 billion m3, down 4.1%, due to switching to other companies, the impact of air and water temperatures and other factors.」
Switching to other companies and other factors emerged in results as factors behind the decline in residential gas sales volume, and the number of gas supply customers also fell to 5.038 million. - FY2022-Q2MaterialisedAnnual report
「The number of gas supply customers was 5.05 million, down 3.1% from the end of the second quarter of the previous fiscal year. Gas sales volume was 3.235 billion m3, up 1.8% from the same quarter of the previous fiscal year. Of this, residential gas sales volume was 674 million m3, down 5.3%, due to switching to other companies, the impact of air and water temperatures and other factors.」
Switching to other companies emerged in results as a factor behind the decline in residential gas sales volume, and the number of gas supply customers also fell to 5.05 million. - FY2022-Q1MaterialisedAnnual report
「Residential gas sales volume was 438 million m3, down 8.5% from the same quarter of the previous fiscal year, due to the impact of air and water temperatures and switching to other companies.」
Switching to other companies was reflected in results as a factor behind the decline in residential gas sales volume, which was down 8.5% year on year. - FY2021WorsenedAnnual report
「In addition to declining demand resulting from population decline and the relocation of factories overseas, competition in the market is intensifying as a result of the full liberalization of retail electricity and gas markets」
The Group describes intensifying competition driven by the full liberalization of retail electricity and gas markets, in addition to declining demand resulting from population decline and other factors, as a more challenging business environment. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Group states that there have been no newly arising risks or material changes concerning business and other risks, including policy and regulatory changes and intensifying competition in the energy business. - FY2021-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Group states that there have been no newly arising risks or material changes concerning business and other risks, including policy and regulatory changes and intensifying competition in the energy business. - FY2020MaterialisedAnnual report
「The number of gas supply customers was 5.345 million, down 4.2% from the end of the previous fiscal year, and gas sales volume was 7.362 billion m3, down 7.2% from the previous fiscal year. Residential gas sales volume was 1.841 billion m3, down 3.1%, due to the impact of a warm winter in the second half and switching to other companies. Gas sales volume for commercial and other customers was 5.522 billion m3, down 8.5%, despite an increase from demand development and other factors, due to competitive pressure and reduced operation of certain customers' facilities.」
Switching to other companies and competitive pressure were reflected in full-year results as declines in the number of gas supply customers and residential and commercial and other gas sales volumes. - FY2020-Q3MaterialisedAnnual report
「The number of gas supply customers was 5.411 million, down 4.3% from the end of the third quarter of the previous fiscal year. Gas sales volume was 5.220 billion m3, down 6.8% from the same quarter of the previous fiscal year. Residential gas sales volume was 1.105 billion m3, down 0.6%, as the increase in demand for hot water and heating resulting from lower air and water temperatures in early spring and summer was offset by the impact of switching to other companies and other factors. Gas sales volume for commercial and other customers was 4.116 billion m3, down 8.3%, despite an increase from demand development and other factors, due to switching to other companies and reduced operation of facilities at customers' sites.」
Switching to other companies has continued to emerge in results as a factor behind declines in the number of gas supply customers and residential, commercial and other gas sales volumes, and the impact of intensifying competition is continuing. - FY2020-Q2MaterialisedAnnual report
「The number of gas supply customers was 5.456 million, down 5.0% from the end of the second quarter of the previous fiscal year. Gas sales volume was 3.525 billion m3, down 6.1% from the same quarter of the previous fiscal year. Of this, residential gas sales volume was 701 million m3, broadly unchanged from the same quarter of the previous fiscal year, as the increase in demand for hot water and heating resulting from lower air and water temperatures offset the impact of switching to other companies and other factors. Gas sales volume for commercial and other customers was 2.824 billion m3, down 7.8%, despite an increase from demand development and other factors, due to switching to other companies and reduced operation of facilities at customers' sites.」
Switching to other companies has continued to emerge in results as a factor behind the decline in the number of gas supply customers and commercial and other gas sales volumes, and the impact of intensifying competition is continuing. - FY2020-Q1MaterialisedAnnual report
「The number of gas supply customers was 5.554 million, down 5.4% from the end of the first quarter of the previous fiscal year. Gas sales volume was 1.812 billion m3, down 4.0% from the same quarter of the previous fiscal year. Of this, residential gas sales volume was 471 million m3, broadly unchanged from the same quarter of the previous fiscal year, as the increase in demand for hot water and heating resulting from lower air and water temperatures offset the impact of switching to other companies and other factors. Gas sales volume for commercial and other customers was 1.341 billion m3, down 5.7%, due to switching to other companies and reduced operation of facilities at customers' sites.」
Switching to other companies has continued to emerge in results as a factor behind the decline in the number of gas supply customers and commercial and other gas sales volumes. - FY2019MaterialisedAnnual report
「The number of gas supply customers was 5.579 million, down 6.9% from the end of the previous fiscal year, and gas sales volume was 7.935 billion m3, down 7.5% from the previous fiscal year. Residential gas sales volume was 1.9 billion m3, down 12.4%, due to higher air and water temperatures, which reduced demand for hot water and heating, and switching to other companies. For commercial and other customers, the decline caused by competitive pressure and reduced operation of facilities at certain customers' sites exceeded the increase resulting from demand development and other factors.」
Switching to other companies and competitive pressure were reflected in full-year results as factors behind declines in the number of gas supply customers and residential and commercial gas sales volumes. - FY2019-Q3MaterialisedAnnual report
「The number of gas supply customers was 5.651 million, down 6.6% from the end of the third quarter of the previous fiscal year. Gas sales volume was 5.602 billion m3, down 7.1% from the same quarter of the previous fiscal year. Of this, residential gas sales volume was 1.111 billion m3, down 13.3%, due to switching to other companies and the impact of higher air and water temperatures, which reduced demand for hot water and heating. Gas sales volume for commercial and other customers was 4.490 billion m3, down 5.5%, due to switching to other companies and reduced operation of certain customers' facilities.」
Switching to other companies has continued to emerge as a factor behind the decline in residential, commercial and other gas sales volumes, indicating that the impact of intensifying competition is continuing. - FY2019-Q2MaterialisedAnnual report
「Residential gas sales volume was 691 million m3, down 10.3% from the same quarter of the previous fiscal year, due to switching to other companies and the impact of higher air and water temperatures in early spring, which reduced demand for hot water and heating. Gas sales volume for commercial and other customers was 3.062 billion m3, down 4.8%, due to switching to other companies and reduced operation of facilities at certain customers' sites.」
Switching to other companies has continued to emerge as a factor behind the decline in residential, commercial and other gas sales volumes, indicating that the impact of intensifying competition is continuing. - FY2019-Q1MaterialisedAnnual report
「The number of gas supply customers was 5.872 million, down 4.6% from the end of the first quarter of the previous fiscal year. Gas sales volume was 1.888 billion m3, down 9.1% from the same quarter of the previous fiscal year. Of this, residential gas sales volume was 466 million m3, down 11.7%, due to switching to other companies and the impact of higher air and water temperatures, which reduced demand for hot water and heating. Gas sales volume for commercial and other customers was 1.422 billion m3, down 8.2%, due to switching to other companies and reduced operation of certain customers' facilities.」
Switching to other companies has actually emerged as a factor behind the decline in residential, commercial and other gas sales volumes and the number of gas supply customers. - FY2018Clarification of the scopeAnnual report
「Intensifying competition with other operators and the resulting consumer choice of operator」
In addition to the existing risk of intensifying competition, the Group explicitly identifies competition in the domestic energy business involving consumers' choice of operator. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the nine-month period ended the third quarter. There have also been no material changes in the business and other risks described in the annual securities report for the previous fiscal year.」
The Group states that there have been no newly arising risks or material changes concerning business and other risks, including policy and regulatory changes and intensifying competition in the energy business. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period ended the second quarter. There have also been no material changes in the business and other risks described in the annual securities report for the previous fiscal year.」
The Group states that there have been no newly arising risks or material changes concerning business and other risks, including policy and regulatory changes and intensifying competition in the energy business. - FY2017RestatedAnnual report
「⑤ Intensifying competition Intensifying competition with other operators in all business areas」
The Group continues to disclose intensifying competition across all business areas as a risk amid changes in the business environment, including the full liberalization of retail electricity and gas markets. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the nine-month period ended the third quarter. There have also been no material changes in the business and other risks described in the annual securities report for the previous fiscal year.」
The Group states that there have been no newly arising risks or material changes concerning business and other risks, including policy and regulatory changes and intensifying competition in the energy business. - FY2017-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period ended the second quarter. There have also been no material changes in the business and other risks described in the annual securities report for the previous fiscal year.」
The Group states that there have been no newly arising risks or material changes concerning business and other risks, including policy and regulatory changes and intensifying competition in the energy business. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, no new Business and Other Risks arose. There were also no material changes to the Business and Other Risks described in the Annual Securities Report for the previous fiscal year.」
The Group states that there have been no newly arising risks or material changes from the previous year's disclosure concerning the risk of intensifying competition. - FY2016First statedAnnual report
「Intensifying competition with other operators in all business areas, including the gas and electricity businesses」
Intensifying competition across all business areas, including gas and electricity, is identified as a risk that could affect business performance and other matters.