Komori
Hokkaido Gas (9534) · RiskMitigated

Customer Attrition and Price Declines Resulting from National Policy and Regulatory Changes

First written in FY2018. 15 of 21 entries say "Restated". Latest entry: FY2026.

21entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018 – FY2020-Q3RestatedFY2021-Q2 – FY2022-Q3RestatedFY2025-H1 – FY2026-H12018: 320182019: 420192020: 320202021: 120212022: 320222023: 220232024: 320242025: 120252026: 12026
Same theme, other companies
Intensifying Competition from the Liberalization of Electricity and Gas RetailingA theme 30 companies write about · 35 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2024: 8 of 21 companies on the "Worse" side.

0 other companies' latest entry also says "Mitigated".

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.
Showing 14 of the 30 companies compared. The sentences above are computed from all 30.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「With an eye to the future carbon-neutral era, our group is working to be chosen by customers by developing comprehensive energy services that reflect society’s needs. These services include maintaining close dialogue with customers and relevant organizations to accurately understand customer needs and changes in government policy, systems and industry trends; promoting energy conservation through advanced use of digital technologies and collaboration with customers; expanding the introduction of renewable energy sources such as solar and wind power; utilizing local resources through cooperation with local governments; and pursuing next-generation technologies such as hydrogen and methanation.」

    Measures to address the risk of declining competitiveness resulting from regulatory changes and delays in responding to decarbonization continued to comprise a combination of dialogue, digitalization, energy conservation, renewable energy, cooperation with local governments and next-generation technologies.
  2. FY2026-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes regarding the principal risks, including customer attrition and price declines resulting from government policy and regulatory changes.
  3. FY2025-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes regarding the principal risks, including customer attrition and price declines resulting from government policy and regulatory changes.
  4. FY2024MitigatedAnnual report

    「With an eye to the future carbon-neutral era, our group is working to be chosen by customers by developing comprehensive energy services that reflect society’s needs. These services include maintaining close dialogue with customers and relevant organizations to accurately understand customer needs and changes in government policy, systems and industry trends; promoting energy conservation through advanced use of digital technologies and collaboration with customers; expanding the introduction of renewable energy sources such as solar and wind power; utilizing local resources through cooperation with local governments; and pursuing next-generation technologies such as hydrogen and methanation.」

    Measures to address the risk of customer attrition and declining competitiveness resulting from regulatory changes and delays in responding to decarbonization were defined more specifically as the development of a comprehensive energy services business.
  5. FY2024-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It was stated that there had been no material changes regarding the principal risks, including customer attrition and price declines resulting from government policy and regulatory changes.
  6. FY2024-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It was stated that there had been no material changes regarding the principal risks, including customer attrition and price declines resulting from government policy and regulatory changes.
  7. FY2023WorsenedAnnual report

    「In addition, if the Group fails to respond appropriately to social trends toward decarbonization and customer needs, its competitiveness in the market may decline, potentially affecting business performance.」

    In addition to the existing risks of customer attrition and price declines resulting from regulatory changes, the disclosure explicitly identified the risk of declining competitiveness due to delays in responding to decarbonization and customer needs.
  8. FY2023-Q1RestatedAnnual report

    「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes regarding the principal risks, including customer attrition and price declines resulting from government policy and regulatory changes.
  9. FY2022WorsenedAnnual report

    「If changes in government policy or regulations lead to changes in regulations governing the energy industry, or if new environmental laws and regulations are introduced, intensified competition among energy sources may cause customer attrition and lower selling prices, while the costs of complying with regulations may also arise, potentially affecting business performance.」

    In addition to the existing risk of regulatory changes, the disclosure explicitly identified the impact of new environmental laws and regulations and regulatory compliance costs.
  10. FY2022-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It was stated that there had been no material changes regarding the principal risks, including customer attrition and price declines resulting from government policy and regulatory changes.
  11. FY2022-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It was stated that there had been no material changes regarding customer attrition and price declines resulting from government policy and regulatory changes.
  12. FY2021-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It was stated that there had been no material changes regarding customer attrition and price declines resulting from government policy and regulatory changes.
  13. FY2020MitigatedAnnual report

    「The Group is promoting a comprehensive energy business, including the introduction of energy systems offering sustainability, environmental performance and economic efficiency through the optimal use of gas, electricity, heat and renewable energy and the advanced application of digital technologies, as well as local production and consumption of energy. At the same time, it is working to be chosen by customers by strengthening safety and improving services, with safety and security as its top priorities.」

    The measures cited for addressing competition risk resulting from liberalization and regulatory changes were the comprehensive energy business, local production and consumption, and improvements in safety and services.
  14. FY2020-Q3RestatedAnnual report

    「During the cumulative third quarter, there were no material changes in the financial position, operating results or cash flows, including any unusual fluctuations, or in the risks related to the business described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes regarding customer attrition and price declines resulting from government policy and regulatory changes.
  15. FY2020-Q2RestatedAnnual report

    「During the cumulative second quarter, there were no material changes in the financial position, operating results or cash flows, including any unusual fluctuations, or in the risks related to the business described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes regarding customer attrition and price declines resulting from government policy and regulatory changes.
  16. FY2020-Q1RestatedAnnual report

    「During the cumulative first quarter, there were no material changes in the financial position, operating results or cash flows, including any unusual fluctuations, or in the risks related to the business described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes from the previous fiscal year regarding customer attrition and price declines resulting from government policy and regulatory changes.
  17. FY2019RestatedAnnual report

    「If changes in government policy or regulations lead to changes in regulations governing the gas industry, intensified competition among energy sources may cause customer attrition and lower selling prices, potentially affecting business performance.」

    The risks of customer attrition, price declines and intensified competition resulting from government policy and regulatory changes continue to be disclosed.
  18. FY2019-Q3RestatedAnnual report

    「During the cumulative third quarter, there were no material changes in the financial position, operating results or cash flows, including any unusual fluctuations, or in the risks related to the business described in the annual securities report for the previous fiscal year.」

    It was explicitly stated that there had been no material changes from the previous fiscal year regarding customer attrition and price declines resulting from government policy and regulatory changes.
  19. FY2019-Q2RestatedAnnual report

    「During the cumulative second quarter, there were no material changes in the financial position, operating results or cash flows, including any unusual fluctuations, or in the risks related to the business described in the annual securities report for the previous fiscal year.」

    It was explicitly stated that there had been no material changes from the previous fiscal year regarding customer attrition and price declines resulting from government policy and regulatory changes.
  20. FY2019-Q1RestatedAnnual report

    「During the cumulative first quarter, there were no material changes in the financial position, operating results or cash flows, including any unusual fluctuations, or in the risks related to the business described in the annual securities report for the previous fiscal year.」

    It was explicitly stated that there had been no material changes from the previous fiscal year regarding customer attrition and price declines resulting from government policy and regulatory changes.
  21. FY2018First statedAnnual report

    「If changes in government policy or regulations lead to changes in regulations governing the gas industry, intensified competition among energy sources may cause customer attrition and lower selling prices, potentially affecting business performance.」

    The disclosure covered intensified competition, customer attrition and lower selling prices resulting from regulatory changes.
Moved together

"Expansion into the Comprehensive Energy Services Business" moved the same way as this thread, in the same document, in 4 of its 21 moves.

433333★123456
  1. ★This thread
  2. 1Expansion into the Comprehensive Energy Services Business4×
  3. 2Expansion of Gas Sales3×
  4. 3Increase in Urban Gas Sales Volumes and Customer Numbers3×
  5. 4Occurrence of lower revenue and profit3×
  6. 5Payment of Year-End Dividend3×
  7. 6Increase in cash flow used in investing activities3×

★ 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
Hokkaido Gas's next results are scheduled for 2026-10-29. Read the earnings preview
News
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