Full Liberalization of Gas Retailing and Intensifying Competition with Companies from Other Industries and Electric Power Companies
First written in FY2016. 19 of 21 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2024: 8 of 23 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business risks and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing risks, including the full liberalization of gas retailing and intensifying competition with companies from other industries and electric utilities. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」
The company states that there have been no material changes to existing business and other risks, including the full liberalization of gas retailing and intensifying competition with companies from other industries and electric utilities. - FY2023RestatedAnnual report
「The number of customers and gas sales volume may decline as the emergence of new entrants following the full liberalization of retailing and changes to various laws, including the Gas Business Act, and the gas business system further intensify competition among energy providers.」
The company continues to identify as risks intensifying competition resulting from the full liberalization of retailing, new entrants, and changes in laws and systems, as well as declines in the number of customers and gas sales volume. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no occurrence of any new business or other risk, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing risks, including the full liberalization of gas retailing and intensifying competition with companies from other industries and electric utilities. - FY2023-Q2RestatedAnnual report
「During the six-month period ended [current second quarter], there were no new business risks and no material changes to the business risks described in the prior fiscal year's annual securities report.」
The company states that there have been no material changes to existing business and other risks, including the full liberalization of gas retailing and intensifying competition with companies from other industries and electric utilities. The filing does not quantify the risk or indicate that it has actually materialized. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」
The company states that there have been no material changes to existing business and other risks, including the full liberalization of gas retailing and intensifying competition with companies from other industries and electric utilities. - FY2022-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no occurrence of any new business or other risk, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing risks, including the full liberalization of gas retailing and intensifying competition with companies from other industries and electric utilities. - FY2022-Q2RestatedAnnual report
「During the six-month period ended [current second quarter], there were no new business risks and no material changes to the business risks described in the prior fiscal year's annual securities report.」
The company states that there have been no material changes to existing risks, including the full liberalization of gas retailing and intensifying competition with companies from other industries and electric utilities. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」
The company states that there have been no material changes to existing risks, including the full liberalization of gas retailing and intensifying competition with companies from other industries and electric utilities. - FY2021RestatedAnnual report
「The energy industry is seeing continued progress toward the full liberalization of electricity and gas retailing. Although there have so far been no signs of new entry into the city-gas supply areas of the Group (the Company and its consolidated subsidiaries), competition among operators across industry and regional boundaries is expected to intensify further.」
Although the company states that there has been no new entry in its supply area, it continues to recognize intensifying competition across industries and regions against the backdrop of electricity and gas liberalization. - FY2021-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no occurrence of any new business or other risk, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing business and other risks, including the full liberalization of gas retailing and intensifying competition with companies from other industries and electric utilities. - FY2021-Q2RestatedAnnual report
「During the six-month period ended [current second quarter], there were no new business risks and no material changes to the business risks described in the prior fiscal year's annual securities report.」
The company states that there have been no material changes to existing business and other risks, including the full liberalization of gas retailing and intensifying competition with companies from other industries and electric utilities. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」
The company states that there have been no material changes to existing business and other risks, including the full liberalization of gas retailing and intensifying competition with companies from other industries and electric utilities. - FY2020RestatedAnnual report
「The number of customers and gas sales volume may decline as the emergence of new entrants following the full liberalization of retailing, changes in energy policy and new environmental regulations, changes to various laws including the Gas Business Act, and changes to the gas business system further intensify competition among energy providers.」
The company continues to identify the full liberalization of retailing, new entrants, and intensifying competition among energy providers resulting from changes in laws and systems as risks. - FY2020-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no occurrence of any new business or other risk, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing business and other risks, including the full liberalization of gas retailing and intensifying competition with companies from other industries and electric utilities. - FY2020-Q2RestatedAnnual report
「During the six-month period ended [current second quarter], there were no new business risks and no material changes to the business risks described in the prior fiscal year's annual securities report.」
The company states that there have been no material changes to existing business and other risks, including the full liberalization of gas retailing and intensifying competition with companies from other industries and electric utilities. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」
The company states that there have been no material changes to the business and other risks described in the previous fiscal year, including the full liberalization of gas retailing and intensifying competition with companies from other industries and electric utilities. - FY2019-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no occurrence of any new business or other risk, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
States that no new business or other risks arose and that there were no material changes to existing risks. - FY2018RestatedAnnual report
「Changes to laws and systems, including the Gas Business Act, resulting from the full liberalization of retailing may intensify competition with new entrants and affect business performance. In addition, the expansion of electric utilities into the kitchen and hot-water supply markets and the resulting push for all-electric homes may force the Company to accept a decline in market share, including a decrease in the number of customers.」
The company continues to identify new entrants, expansion by electric utilities, and competition and market-share declines resulting from all-electric homes as risks even after the full liberalization of gas retailing. It also states that there are currently no signs of new entry in its supply area. - FY2017WorsenedAnnual report
「The energy industry has entered a major period of transformation, with the full liberalization of electricity retailing in April 2016 followed by the full liberalization of gas retailing in April 2017, increasing moves toward reciprocal entry across the boundaries between energy sectors and new entry by companies from other industries.」
Previously, the company treated the full liberalization of gas retailing in 2017 as a future competitive factor, but this filing states that full liberalization began in April 2017 and describes reciprocal entry and entry by companies from other industries in greater detail. - FY2016First statedAnnual report
「Following the full liberalization of electricity retailing, gas retailing was fully liberalized in 2017, and the business environment surrounding the Company has entered a period of transformation. Going forward, competition is expected to become increasingly intense as new entrants appear and alliances with companies from other industries become more active.」
The company identifies the full liberalization of gas retailing in 2017 as a timeline and describes new entrants, cross-industry alliances, and competition and market-share declines resulting from the push for all-electric homes as risks.