Intensifying Competition Driven by Energy Market Liberalization
First written in FY2018. 15 of 20 entries say "Restated". Latest entry: FY2026-H1.
Hokkaido Gas moved to the "Worse" side of this theme in 2021, 3 years after the typical company in this theme (2018).
The whole theme swung hardest in 2024: 8 of 21 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- 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 in the major risks, including intensifying competition due to energy liberalization. - 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 in the major risks, including intensifying competition due to energy liberalization. - 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.」
As responses to competitive risks associated with liberalization and decarbonization, the company listed dialogue with customers and relevant organizations, digitalization, energy conservation, renewable energy, cooperation with local governments and next-generation technologies. - 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 in the major risks, including intensifying competition due to energy liberalization. - 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 in the major risks, including intensifying competition due to energy liberalization. - 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 in the major risks, including intensifying competition due to energy liberalization. - FY2022WorsenedAnnual report
「During the consolidated fiscal year, the business environment surrounding our group changed significantly, as competition resulting from energy liberalization became increasingly intense and efforts toward achieving carbon neutrality in 2050 accelerated further.」
The company recognized that competition due to energy liberalization had become increasingly intense and added the response to carbon neutrality as a change in the business environment. - 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 in the major risks, including intensifying competition due to energy liberalization. - 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 intensifying competition due to energy liberalization. - FY2021MaterialisedAnnual report
「Since energy liberalization, new entrants into the electricity business have become increasingly active. In the gas business as well, competition with new entrants began last year within our gas supply area, and the business environment surrounding our group has become increasingly challenging.」
With regard to intensifying competition, which had previously been recognized as a risk, it was stated that competition with new entrants had actually begun within the company’s gas supply area. - 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 intensifying competition due to energy liberalization. - FY2020WorsenedAnnual report
「As electricity and gas retailing become fully liberalized, reciprocal entry between energy businesses across regional boundaries and entry by companies from other industries are progressing. In Hokkaido, signs of new entrants into the gas business have also become apparent, and we expect the environment surrounding our group to become increasingly challenging.」
The emergence of new entrants into the gas business in Hokkaido was noted, together with the recognition that the competitive environment would become increasingly challenging. - 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 intensifying competition due to energy liberalization. - 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 intensifying competition due to energy liberalization. - 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 since the previous fiscal year regarding intensifying competition due to energy liberalization. - FY2019RestatedAnnual report
「The full liberalization of electricity and gas retailing is leading to reciprocal entry between energy businesses and new entry by companies from other industries.」
The continued disclosure described reciprocal entry and entry by companies from other industries following the full liberalization of electricity and gas retailing, as well as the increasingly severe competitive environment. - 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 expressly stated that there had been no material changes since the previous fiscal year regarding intensifying competition due to energy liberalization. - 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 expressly stated that there had been no material changes since the previous fiscal year regarding intensifying competition due to energy liberalization. - 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 expressly stated that there had been no material changes since the previous fiscal year regarding intensifying competition due to energy liberalization. - FY2018First statedAnnual report
「In Japan, full liberalization of the energy sector has brought competition across the boundaries between different forms of energy into full swing.」
The intensification of competition between energy sources following the full liberalization of electricity and city gas retailing was described.