Dependence on Imported Fuel, Energy Price Volatility and Supply Disruption Risk
First written in FY2023. 1 of 3 entries say "Mitigated", first in FY2024. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025RestatedAnnual report
「Our Group requires energy, primarily electricity and gas, to manufacture and produce its principal products, including seafood-based processed products and mushrooms, and depends on imports from overseas for much of this energy.」
The company continues to disclose the risks of dependence on imported fuel, energy price fluctuations, supply disruptions and changes in environmental laws and regulations, and identifies energy conservation and the adoption of renewable energy as countermeasures. - FY2024MitigatedAnnual report
「Converted the electricity used at the Seiro and Yamakido Plants to 100% renewable energy. April 2024: Converted the electricity used at the Hokkaido Plant to 100% renewable energy.」
The company has converted the electricity used at the Seiro, Yamakido and Hokkaido Plants to 100% renewable energy and is implementing measures to address its dependence on imported fuel and the risk of energy price fluctuations. - FY2023First statedAnnual report
「Our Group requires a considerable amount of electricity and gas to manufacture and produce its principal products, including seafood-based processed products and mushrooms, and depends on imports from overseas for much of this fuel. There is a risk that supply could be disrupted by factors such as political instability or conflicts in fuel-supplying countries, or that a breakdown in the supply-demand balance could cause sharp fluctuations in energy prices.」
For the first time, the company has separately disclosed the risks of supply disruptions, price fluctuations and changes in environmental laws and regulations associated with its high electricity and gas consumption and dependence on overseas fuel imports.