Physical and Transition Risks from Climate Change
First written in FY2022. 5 of 9 entries say "Restated". Latest entry: FY2026.
17 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company calculated the impact on revenue and ordinary income of introducing a carbon tax, whose financial impact can be forecast, and of floods and storm surges, which are considered likely to have a significant impact, among the material risks.」
The company updated its climate scenario analysis and quantitatively disclosed the financial impact of carbon taxes, floods and storm surges on revenue and ordinary income in 2030, 2040, 2050 or 2100. - FY2026-H1RestatedAnnual report
「During the current interim consolidated accounting period, there was no occurrence of any new business or other risk within our Group, comprising the Company and its consolidated subsidiaries, and no material changes were made to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrences or material changes were identified in the physical and transition risks arising from climate change. - FY2024AdvancedAnnual report
「Introduction of a carbon tax and other measures: 1.5°C: approximately 0.2% of revenue (approximately 2.6% of ordinary income); 2°C: approximately 0.1% of revenue (approximately 2.3% of ordinary income); 4°C: no impact. Flooding of sites due to floods and storm surges: 1.5°C: approximately 0.3% of revenue (approximately 4.5% of ordinary income); 2°C: approximately 0.4% of revenue (approximately 7.3% of ordinary income); 4°C: approximately 0.4% of revenue (approximately 7.3% of ordinary income).」
The company updated its climate scenario analysis and quantitatively disclosed the financial impact of carbon taxes, floods and storm surges on revenue and ordinary income in 2040. - FY2024-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, there was no occurrence of any new business or other risk within our Group, comprising the Company and its consolidated subsidiaries, and no material changes were made to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrences or material changes were identified in the physical and transition risks arising from climate change. - FY2024-Q2RestatedAnnual report
「During the second quarter of the current fiscal year on a consolidated cumulative basis, there were no new business or other risks at the group, comprising the company and its consolidated subsidiaries, and no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes were identified in the physical and transition risks arising from climate change. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there was no occurrence of any new business or other risk within our Group, comprising the Company and its consolidated subsidiaries, and no material changes were made to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified in the physical and transition risks arising from climate change. - FY2023AdvancedAnnual report
「Introduction of a carbon tax and other measures: 1.5°C: approximately 0.2% of revenue (approximately 2.5% of ordinary income); 2°C: approximately 0.1% of revenue (approximately 2.1% of ordinary income); 4°C: no impact. Flooding of sites due to floods and storm surges: 1.5°C: approximately 0.3% of revenue (approximately 4.8% of ordinary income); 2°C: approximately 0.5% of revenue (approximately 7.8% of ordinary income); 4°C: approximately 0.5% of revenue (approximately 7.8% of ordinary income).」
The company analyzed 1.5°C, 2°C and 4°C scenarios in line with the TCFD recommendations and quantified the financial impact of carbon taxes, floods and storm surges on revenue and ordinary income in 2040. - FY2023-Q2RestatedAnnual report
「During the second quarter of the current fiscal year on a consolidated cumulative basis, there were no new business or other risks at the group, comprising the company and its consolidated subsidiaries, and no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes were identified regarding the physical and transition risks arising from climate change. - FY2022First statedAnnual report
「Physical risks from climate change may affect the company’s operating performance and other matters through increased health risks at construction sites, including heatstroke and infectious diseases, as average summer temperatures rise; reduced production capacity resulting from damage to sites, employees and partner companies caused by increasingly severe and frequent natural disasters; supply disruptions and lower profitability resulting from damage to suppliers and higher material prices; and other factors. Transition risks associated with the shift to a decarbonized society may affect operating performance and other matters through higher costs resulting from the introduction of a carbon tax and other measures, and lost order opportunities resulting from delays by the group in responding to requests from customers and society concerning climate change countermeasures.」
For climate change, physical and transition risks relating to the health of construction-site workers, production capacity, the supply and price of materials, carbon taxes and order opportunities have been described for the first time as separate business and other risks.