Reputational and cost risks arising from environmental incidents and amendments to environmental laws and regulations
First written in FY2017. 4 of 6 entries say "Restated". Latest entry: FY2022.
Yakult Honsha moved to the "Worse" side of this theme in 2022.
The whole theme swung hardest in 2022: 2 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2022ReframedAnnual report
「For the Group, continued global warming could create various risks, including the worsening of adverse effects on dairy cattle and crops, making it difficult to procure important raw materials, as well as risks involving water, which is extremely important to business activities, such as water-related disasters associated with global warming, restrictions on available water withdrawals due to uncontrolled water use, and water pollution.」
The scope has been expanded from the previous risks of environmental incidents and regulatory amendments to environmental risks including climate change impacts on raw material procurement, water-related disasters, water resources and water quality. - FY2021RestatedAnnual report
「Nevertheless, despite these considerations and measures, if response costs increase due to environmental incidents or amendments to relevant laws and regulations, this could have a significant impact on the Group’s reputation and financial position.」
The company continues to disclose the risks to its reputation and response costs arising from environmental incidents and amendments to environmental regulations. - FY2020RestatedAnnual report
「Nevertheless, despite these considerations and measures, if response costs increase due to environmental incidents or amendments to relevant laws and regulations, this could have a significant impact on the Group’s reputation and financial position.」
The company continues to disclose the risks to its reputation and response costs arising from environmental incidents and amendments to environmental regulations. - FY2019RestatedAnnual report
「Nevertheless, despite these considerations and measures, if response costs increase due to environmental incidents or amendments to relevant laws and regulations, this could have a significant impact on the Group’s reputation and financial position.」
The company continues to disclose the risks to its reputation and response costs arising from environmental incidents and amendments to environmental regulations. - FY2018RestatedAnnual report
「Nevertheless, despite these considerations and measures, if response costs increase due to environmental incidents or amendments to relevant laws and regulations, this could have a significant impact on the Group’s reputation and financial position.」
The company continues to disclose the risks to its reputation and response costs arising from environmental incidents and amendments to environmental regulations. - FY2017First statedAnnual report
「Nevertheless, despite these considerations and measures, if response costs increase due to environmental incidents or amendments to relevant laws and regulations, this could have a significant impact on the Group’s reputation and financial position.」
The company newly states that higher response costs associated with environmental incidents and amendments to environmental regulations could affect its reputation and financial position.