Climate Change Risks to Raw Material Procurement and Damage to Stores

「The Group has expressed its support for the recommendations of the TCFD. As a mitigation measure for the effects of climate change, it has set CO2 emissions as an environmental management target and is pursuing initiatives to reduce them. As an adaptation measure, it is also analyzing risks and opportunities in accordance with the TCFD recommendations and pursuing response measures.」

「The Group operates businesses that depend on natural resources and recognizes that addressing climate change has a significant impact on management. If the Group’s measures to mitigate and adapt to the effects of climate change are insufficient, this may affect its performance through difficulties in securing the required quantities of raw materials, responding to fluctuations in purchasing prices and dealing with store damage caused by abnormal weather.」