Declining demand for LP gas due to competition from energy-saving products, other fuels and city gas
First written in FY2016. 22 of 24 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 3 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Climate change, particularly global warming, is reducing household LP gas consumption and affecting the Group's performance, although household LP gas revenue accounts for approximately 20% of the Group's consolidated revenue.」
The company continues to identify declining household LP gas consumption due to global warming as a risk and states that household LP gas revenue accounts for approximately 20% of consolidated revenue. - FY2026-H1RestatedAnnual report
「However, the LP gas sales environment remains challenging, with shipments declining due to the liberalization of electricity and city-gas retailing, the spread of energy-saving equipment, and a population shift to areas served by city gas.」
The company continues to describe the liberalization of electricity and city-gas retailing, the spread of energy-saving equipment, and declining LP gas shipments due to a population shift to areas served by city gas as a challenging business environment. - FY2023WorsenedAnnual report
「Climate change, particularly global warming, is reducing household LP gas consumption and affecting the Group's performance, although household LP gas revenue accounts for slightly less than 20% of the Group's consolidated revenue.」
In addition to the previously cited shift to other energy sources, the company explicitly identifies declining household LP gas consumption due to global warming as a factor affecting performance. It states that household LP gas revenue accounts for slightly less than 20% of consolidated revenue. - FY2023-Q3RestatedAnnual report
「However, the LP gas sales environment remains challenging, with shipments declining due to the liberalization of electricity and city-gas retailing, the spread of energy-saving equipment, and a population shift to areas served by city gas.」
The company continues to describe the liberalization of electricity and city-gas retailing, the spread of energy-saving equipment, and declining LP gas shipments due to a population shift to areas served by city gas as a challenging business environment. - FY2023-Q1RestatedAnnual report
「However, the LP gas sales environment remains challenging, with shipments declining due to the liberalization of electricity and city-gas retailing, the spread of energy-saving equipment, and a population shift to areas served by city gas.」
The company continues to describe the liberalization of electricity and city-gas retailing, the spread of energy-saving equipment, and declining LP gas shipments due to a population shift to areas served by city gas as a challenging business environment. - FY2022-Q2RestatedAnnual report
「However, the LP gas sales environment remains challenging, with shipments declining due to the liberalization of electricity and city-gas retailing, the spread of energy-saving equipment, and a population shift to areas served by city gas.」
The company continues to identify the liberalization of electricity and city-gas retailing, the spread of energy-saving equipment, and declining LP gas shipments due to a population shift to areas served by city gas as business-environment risks. - FY2021-Q3RestatedAnnual report
「However, the LP gas sales environment remains challenging, as shipments are declining due to the spread of energy-saving equipment and a decline in the user population, although LP gas has begun to spread in some areas, particularly in educational facilities, as a backup energy source during disasters.」
The company continues to describe declining LP gas shipments due to the spread of energy-saving equipment and a decline in the user population as a challenging business environment. - FY2021-Q2RestatedAnnual report
「However, the LP gas sales environment remains challenging, as shipments are declining due to the spread of energy-saving equipment and a decline in the user population, although LP gas has begun to spread in some areas, particularly in educational facilities, as a backup energy source during disasters.」
The company continues to describe declining LP gas shipments due to the spread of energy-saving equipment and a decline in the user population as a challenging business environment. - FY2021-Q1RestatedAnnual report
「However, the LP gas sales environment remains challenging, as shipments are declining due to the spread of energy-saving equipment and a decline in the user population, although LP gas has begun to spread in some areas, particularly in educational facilities, as a backup energy source during disasters.」
The company continues to identify declining LP gas shipments due to the spread of energy-saving equipment and a decline in the user population as a business-environment risk. - FY2020RestatedAnnual report
「Accordingly, if the Group's approximately 69,000 LP gas users decline as a result of switching to other energy sources, this could affect the Group's performance.」
The company continues to identify competition with all-electric systems and city gas, among others, and declining demand due to users switching energy sources as risks. The number of users subject to the risk has been updated from approximately 68,000 to approximately 69,000. - FY2020-Q3RestatedAnnual report
「The business environment surrounding the Group is extremely competitive, and LP gas, its core product, faces competition from all-electric systems and city gas, among others. LP gas is also mainly dependent on imports from overseas. Accordingly, the Group faces factors that may reduce its approximately 68,000 LP gas users as they switch to other energy sources, as well as factors that may increase procurement prices due to changes in the international situation.」
The company continues to identify competition from all-electric systems and city gas, declining users due to switching to other energy sources, and higher procurement prices resulting from import dependence as risks. - FY2020-Q2RestatedAnnual report
「The business environment surrounding the Group is extremely competitive, and LP gas, its core product, faces competition from all-electric systems and city gas, among others. LP gas is also mainly dependent on imports from overseas. Accordingly, the Group faces factors that may reduce its approximately 68,000 LP gas users as they switch to other energy sources, as well as factors that may increase procurement prices due to changes in the international situation.」
The company continues to identify competition from all-electric systems and city gas, declining users due to switching to other energy sources, and higher procurement prices resulting from import dependence as risks. - FY2020-Q1RestatedAnnual report
「The business environment surrounding the Group is extremely competitive, and LP gas, its core product, faces competition from all-electric systems and city gas, among others. LP gas is also mainly dependent on imports from overseas. Accordingly, the Group faces factors that may reduce its approximately 68,000 LP gas users as they switch to other energy sources, as well as factors that may increase procurement prices due to changes in the international situation.」
The company continues to identify competition from all-electric systems and city gas, declining users due to switching to other energy sources, and higher procurement prices resulting from import dependence as risks. The stated number of users has increased from approximately 67,000 to approximately 68,000. - FY2019-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to existing business and other risks, including competition from all-electric systems and city gas, declining users due to switching to other energy sources, and higher procurement prices resulting from import dependence. - FY2019-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to existing business and other risks, including competition from all-electric systems and city gas, declining users due to switching to other energy sources, and higher procurement prices resulting from import dependence. - FY2019-Q1RestatedAnnual report
「The business environment surrounding the Group is extremely competitive, and LP gas, its core product, faces competition from all-electric systems and city gas. LP gas is also mainly dependent on imports from overseas. Accordingly, the Group faces factors that may reduce its approximately 67,000 LP gas users as they switch to other energy sources, as well as factors that may increase procurement prices due to changes in the international situation.」
The company continues to identify competition from all-electric systems and city gas, declining users due to switching to other energy sources, and higher procurement prices resulting from import dependence as risks. - FY2018RestatedAnnual report
「The business environment surrounding the Group is extremely competitive, and LP gas, its core product, faces competition from all-electric systems and city gas. LP gas is also mainly dependent on imports from overseas. Accordingly, the Group faces factors that may reduce its approximately 67,000 LP gas users as they switch to other energy sources, as well as factors that may increase procurement prices due to changes in the international situation.」
The company continues to identify competition from all-electric systems and city gas, declining users due to switching to other energy sources, and higher procurement prices resulting from import dependence as risks. - FY2018-Q3RestatedAnnual report
「The business environment surrounding the Group is extremely competitive, and LP gas, its core product, faces competition from all-electric systems and city gas. LP gas is also mainly dependent on imports from overseas. Accordingly, the Group faces factors that may reduce its approximately 67,000 LP gas users as they switch to other energy sources, as well as factors that may increase procurement prices due to changes in the international situation.」
The company continues to identify competition from all-electric systems and city gas, declining users due to switching to other energy sources, and higher procurement prices resulting from import dependence as risks. - FY2018-Q2RestatedAnnual report
「The business environment surrounding the Group is extremely competitive, and LP gas, its core product, faces competition from all-electric systems and city gas. LP gas is also mainly dependent on imports from overseas. Accordingly, the Group faces factors that may reduce its approximately 67,000 LP gas users as they switch to other energy sources, as well as factors that may increase procurement prices due to changes in the international situation.」
The company continues to identify competition from all-electric systems and city gas, declining users due to switching to other energy sources, and higher procurement prices resulting from import dependence as risks. The number of users subject to the risk is stated as approximately 67,000. - FY2017RestatedAnnual report
「The business environment surrounding the Group is extremely competitive, and LP gas, its core product, faces competition from all-electric systems and city gas. LP gas is also mainly dependent on imports from overseas. Accordingly, the Group faces factors that may reduce its approximately 67,000 LP gas users as they switch to other energy sources, as well as factors that may increase procurement prices due to changes in the international situation.」
The company continues to identify competition from all-electric systems and city gas, declining users due to switching to other energy sources, and higher procurement prices resulting from import dependence as risks. The stated number of users has changed from approximately 66,000 to approximately 67,000. - FY2017-Q3RestatedAnnual report
「The business environment surrounding the Group is extremely competitive, and LP gas, its core product, faces competition from all-electric systems and city gas. LP gas is also mainly dependent on imports from overseas. Accordingly, the Group faces factors that may reduce its approximately 66,000 LP gas users as they switch to other energy sources, as well as factors that may increase procurement prices due to changes in the international situation.」
The company continues to identify competition from all-electric systems and city gas, declining users due to switching to other energy sources, and higher procurement prices resulting from import dependence as risks. - FY2017-Q2RestatedAnnual report
「The business environment surrounding the Group is extremely competitive, and LP gas, its core product, faces competition from all-electric systems and city gas. LP gas is also mainly dependent on imports from overseas. Accordingly, the Group faces factors that may reduce its approximately 66,000 LP gas users as they switch to other energy sources, as well as factors that may increase procurement prices due to changes in the international situation.」
The company continues to identify competition from all-electric systems and city gas, declining users due to switching to other energy sources, and higher procurement prices resulting from import dependence as risks. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company states that there were no material changes to the business and other risks described in the previous fiscal year's annual securities report. - FY2016First statedAnnual report
「LP gas is mainly dependent on imports from overseas. Accordingly, the Group faces factors that may reduce its approximately 66,000 LP gas users as they switch to other energy sources, as well as factors that may increase procurement prices due to changes in the international situation.」
While the company has a base of approximately 66,000 LP gas users, it identifies declining demand due to switching to energy-saving equipment, other fuels, city gas and all-electric systems, among others, as a risk.