Addressing Transition and Physical Risks Associated with Climate Change
First written in FY2023. 3 of 5 entries say "Restated". Latest entry: FY2026.
9 other companies' latest entry also says "Other".
- FY2026Scope including biodiversity risks explicitly identifiedAnnual report
「The Company identifies risks and opportunities related to the business environment, climate change and biodiversity by comprehensively considering business challenges, assessments of environmental impacts, and the requests and expectations of stakeholders. It will identify specifically the risks and opportunities anticipated across the Company and in each business and promote initiatives company-wide.」
In addition to existing climate change risks, risks and opportunities related to biodiversity were explicitly included in scope, and a policy of identifying them across the Company and in each business was described. - FY2025RestatedAnnual report
「Transition risks identified as having a significant impact include higher costs if a carbon tax is introduced and delays in responding to changes in stakeholder behavior. These risks will be managed through measures such as introducing renewable energy and developing and designing environmentally friendly products. Physical risks include concerns that extreme weather could disrupt the supply chain.」
Descriptions of carbon taxes, changes in behavior, supply chain disruption caused by extreme weather, and response measures such as renewable energy continue. - FY2025-H1RestatedAnnual report
「During the current interim accounting period, there were no new occurrences of the major risks that management recognizes as potentially having a material impact on the company's financial position, operating results or cash flows, among the matters relating to the business and accounting conditions described in the interim report, nor were there any 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 major risks, including transition and physical risks associated with climate change. - FY2024-Q2RestatedAnnual report
「During the second quarter cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in 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 the major risks, including transition and physical risks associated with climate change. - FY2023First statedAnnual report
「Transition risks identified as having a significant impact include higher costs if a carbon tax is introduced and delays in responding to changes in stakeholder behavior. These risks will be managed through measures such as introducing renewable energy and developing and designing environmentally friendly products. Physical risks include concerns that extreme weather could disrupt the supply chain.」
Carbon taxes, delays in responding to changes in stakeholder behavior, and supply chain disruption caused by extreme weather were described specifically for the first time as climate-related risks.