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Ajinomoto Co. (2802) · RiskWorsened

Operational Risks from Climate Change, Water Scarcity and Natural Disasters

First written in FY2016. 16 of 22 entries say "Restated". Latest entry: FY2025.

22entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019-Q1RestatedFY2020-Q1 – FY2022-Q32016: 320162017: 220172018: 220182019: 320192020: 220202021: 220212022: 220222023: 320232024: 220242025: 12025
Same theme, other companies
Difficulty sourcing raw materials and water resources due to climate changeA theme 16 companies write about · 16 as a headwind · 0 as a tailwind

Ajinomoto Co. moved to the "Worse" side of this theme in 2022, 3 years before the typical company in this theme (2025).

The whole theme swung hardest in 2025: 3 of 10 companies on the "Worse" side.

1 other company's latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 16 companies compared. The sentences above are computed from all 16.
Full recordFilings, disclosures and news, newest first
  1. FY2025WorsenedAnnual report

    「●Risk that environmental initiatives such as decarbonisation will be delayed because policy changes in some major countries lead to expanded fossil-fuel use and make renewable-energy procurement more difficult ●Risk that securing global sustainability will become impossible as climate change, the degradation of natural capital, water shortages and animal-resource depletion issues, including the protein crisis and livestock infectious diseases, become more pronounced, making it difficult to procure raw materials and provide food to consumers」

    Climate change risk was defined as an extremely material risk encompassing delays in decarbonisation caused by policy changes, natural capital and water shortages, animal-resource depletion, and difficulties in procuring raw materials and providing food.
  2. FY2025-H1RestatedAnnual report

    「No new business or other risks arose during the six months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no new developments or material changes to operating risks from climate change, water shortages and natural disasters.
  3. FY2024WorsenedAnnual report

    「●Risk that securing global sustainability will become impossible as climate change, the degradation of natural capital, water shortages and animal-resource depletion issues, including the protein crisis and livestock infectious diseases, become more pronounced, making it difficult to procure raw materials and provide food to consumers」

    Climate change risk was defined as an extremely material risk, expanded to include natural capital, biodiversity, water shortages, animal-resource depletion, and difficulties in procuring raw materials and providing food.
  4. FY2024-Q2RestatedAnnual report

    「No new business or other risks arose during the cumulative second-quarter period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no new developments or material changes to operating risks from climate change, water shortages and natural disasters.
  5. FY2024-Q1RestatedAnnual report

    「There were no newly arising business or other risks during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no new developments or material changes to operating risks from climate change, water shortages and natural disasters.
  6. FY2023WorsenedAnnual report

    「Climate change can affect the Group's business in various ways, including disruptions to business activities caused by large-scale natural disasters, impacts on the procurement of raw materials such as agricultural products and fuel, and changes in product consumption.」

    The impacts of climate change were analysed under 1.5°C and 4°C scenarios, including flooding and water shortages, raw-material yields, carbon taxes and fuel costs, and risk identification was made more specific through disclosures of potential financial impacts for 2030 and 2050.
  7. FY2022WorsenedAnnual report

    「The Ajinomoto Group regards climate change as a material risk and opportunity for the entire Group and is considering responses from four perspectives: governance, strategy, risk management, and metrics and targets.」

    Climate change was explicitly identified as a material risk for the entire company, and analyses based on 2°C and 4°C scenarios were conducted for 2030 and 2050. Financial impacts from flooding and water shortages, lower raw-material yields, carbon taxes and higher fuel costs were also estimated.
  8. FY2022-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third-quarter period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no new developments or material changes to operating risks from climate change, water shortages and natural disasters.
  9. FY2022-Q2RestatedAnnual report

    「No new business or other risks arose during the cumulative second-quarter period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no new developments or material changes to operating risks from climate change, water shortages and natural disasters.
  10. FY2021-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third-quarter period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no new developments or material changes to operating risks from climate change, water shortages and natural disasters.
  11. FY2021-Q2RestatedAnnual report

    「No new business or other risks arose during the cumulative second-quarter period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no new developments or material changes to operating risks from climate change, water shortages and natural disasters.
  12. FY2020-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third-quarter period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no new developments or material changes to operating risks from climate change, water shortages and natural disasters.
  13. FY2020-Q2RestatedAnnual report

    「No new business or other risks arose during the cumulative second-quarter period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no new developments or material changes to operating risks from climate change, water shortages and natural disasters.
  14. FY2020-Q1RestatedAnnual report

    「No new business or other risks arose during the cumulative first-quarter period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no new developments or material changes to operating risks from climate change, water shortages and natural disasters.
  15. FY2019WorsenedAnnual report

    「● Increased risk of disruptions to raw material procurement due to climate change」

    In addition to the existing risks of water shortages and natural disasters, disruptions to raw material procurement caused by climate change were identified as an increasing risk and explicitly included among the material issues.
  16. FY2019-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It is stated that there have been no new developments or material changes to operating risks from climate change, water shortages and natural disasters.
  17. FY2018-Q3RestatedAnnual report

    「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes to operating risks from climate change, water shortages and natural disasters.
  18. FY2018-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It is stated that there have been no material changes to operating risks from climate change, water shortages and natural disasters.
  19. FY2017-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It is stated that there have been no material changes to operating risks from climate change, water shortages and natural disasters.
  20. FY2017-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It is stated that there have been no material changes to operating risks from climate change, water shortages and natural disasters.
  21. FY2017-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It is stated that there have been no material changes to the overall risks relating to climate change, water shortages and natural disasters.
  22. FY2016First statedAnnual report

    「① Production declines and other effects resulting from water shortages caused by climate change and other factors」

    Earthquakes, typhoons, hurricanes and cyclones, floods, large-scale power outages, and infectious diseases are also listed as factors that could interrupt operations.
Moved together

"Foreign Exchange Risk from Increasing Overseas Exposure" moved the same way as this thread, in the same document, in 5 of its 22 moves.

555544★123456
  1. ★This thread
  2. 1Foreign Exchange Risk from Increasing Overseas Exposure5×
  3. 2Uncertainty in the Political, Economic and Legal Environment Overseas5×
  4. 3Fluctuations in Fuel, Energy and Raw Material Prices and the Risk of Inability to Pass Through Costs5×
  5. 4Impairment Risk in Fixed Assets and Goodwill Becomes Apparent5×
  6. 5Risk of Personal Information Leaks, Unauthorized Access and System Disruptions4×
  7. 6Environmental Law and Regulatory Compliance and Supply-Chain Environmental Risk4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Operational Risks from Climate Change, Water Scarcity and Natural Disasters | Ajinomoto Co.,Inc. (2802) | Komori