Climate Change Risks Associated with EV Adoption, Stricter Environmental Regulations and Other Factors
First written in FY2023. 1 of 2 entries say "Materialised", first in FY2024-Q2. Latest entry: FY2024-Q2.
Park24 moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
The whole theme swung hardest in 2026: 5 of 9 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- FY2024-Q2MaterialisedAnnual report
「In response to persistently high crude oil prices and rising prices, the company revised its distance-based fees and the enrollment fee for its peace-of-mind coverage service in February 2024.」
The disclosure explicitly identifies persistently high crude oil prices and rising prices as factors that may lead to fee revisions for mobility services. - FY2023First statedAnnual report
「If the large-scale introduction of EVs and EV chargers becomes necessary, capital investment costs and EV-specific management costs may increase. In addition, if fuel prices rise sharply in the future due to changes in energy demand or other factors, operating costs in the mobility business may increase, adversely affecting the Group's operating results and financial position.」
Investment and management costs associated with introducing EVs and chargers, higher fuel prices, and tighter environmental regulations are categorized as climate change and environmental risks.