Climate Change Impacts on Cooling Costs, Procurement Costs and Supply
First written in FY2020. 3 of 8 entries say "Mitigated", first in FY2021. Latest entry: 2026-07-23.
Yokorei moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- 2026-07-23MaterialisedOccurring Fact
「Due to changes in the external environment, including the recent decline in catches associated with climate change and other factors, our results fell below the initial plan.」
The impact of climate change on supply materialized as hub results falling short of the initial plan through a decline in catches. - FY2025AdvancedAnnual report
「※ Based on current performance, if reductions in GHG emissions continue, GHG emissions in fiscal 2030 are expected to be 47.9% lower than in fiscal 2015, as shown in the graph below, compared with the target of a 40% reduction.」
Regarding measures addressing climate change risks, the Company explained that, based on performance as of 2025, GHG emissions are expected to be reduced by 47.9% in fiscal 2030. It also disclosed a natural refrigerant adoption rate of 75% and solar power generation capacity of 13 megawatts. - FY2023MitigatedAnnual report
「As specific measures currently under way, the refrigerated warehousing business has established quantitative targets of reducing greenhouse gas emissions by 40% by 2030 from 2015 levels and raising the adoption rate of natural refrigerants to at least 85%, by reducing energy consumption, increasing the use of renewable energy and further promoting the transition to refrigeration equipment using natural refrigerants.」
Specific measures addressing climate change and electricity cost risks were established, including energy reduction, renewable energy, the transition to natural refrigerants, a 40% reduction in GHG emissions by 2030 and a natural refrigerant adoption rate of at least 85%. - FY2023-Q3MaterialisedAnnual report
「On the other hand, profit declined slightly due to higher electricity charges and increased one-time start-up costs for the Chiba Research Park Distribution Center, which was newly built in March this year.」
Surging electricity rates continued to materialize in the nine months ended [the third quarter] as a factor reducing operating income in the refrigerated warehousing business. - FY2023-Q2MaterialisedAnnual report
「Although the easing of restrictions on activities related to COVID-19 led to increases in inbound volume, outbound volume and inventory volume compared with the previous fiscal year, resulting in higher revenue, earnings declined because electricity prices rose more than expected and temporary start-up expenses increased when the Chiba Research Park Distribution Center, newly established in March this year, began operations.」
Surging electricity rates have materialized as a factor reducing profit in the refrigerated warehousing business, with the previously identified risk of higher electricity costs reflected in performance. - FY2022MitigatedAnnual report
「We have switched all refrigerated warehouses in the Hokkaido region to 100% renewable electricity.」
As a measure addressing climate change and electricity cost risks, all refrigerated warehouses in the Hokkaido region have been switched to renewable electricity. - FY2021MitigatedAnnual report
「With reference to the recommendations of the TCFD (Task Force on Climate-related Financial Disclosures), we assess the impacts of climate change in terms of risks and opportunities. We have positioned “coexistence with the global environment” as one of our materiality themes, which are key to achieving the Company’s sustainable growth, and are further expanding our activities to support future business growth.」
For climate change risks, the Company assesses risks and opportunities with reference to the TCFD recommendations and is expanding measures such as the use of natural refrigerants and energy reduction. - FY2020First statedAnnual report
「Climate change, including global warming, could affect performance in the refrigerated warehousing business through higher electricity costs for cooling warehouse interiors as temperatures rise and higher electricity rates associated with global warming regulations. In the food sales business, changes in the natural environment and the emergence of viruses and pests could reduce catches and production and raise feed costs, increasing the procurement costs of farmed marine products and livestock products, disrupting the procurement and supply of products and affecting performance.」
Climate change was identified for the first time as an independent material business risk, including higher electricity costs for refrigerated warehouses, lower production and catches of food resources, and higher feed and procurement costs.