Business and Financial Impact Risks Associated with the Transition to a Decarbonized Economy
First written in FY2023. 1 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 11 companies on the "Worse" side.
- FY2026Reassessment of the financial impact of climate risksAnnual report
「Changes in investors' views Decline in corporate value (market capitalization) due to a fall in the share price if the company is deemed ineligible for investment because its disclosure and response to climate change information are inadequate High ¥16.7 billion Medium term Enhanced disclosure」
In its TCFD scenario analysis, the company has reassessed the financial impact on corporate value from changes in investor assessments at ¥16.7 billion. It has also updated the financial impacts of restrictions on electricity supply, the shift to electric vehicles, extreme weather, and other factors. - FY2025AdvancedAnnual report
「Changes in investors' views: decline in corporate value (market capitalization) due to a fall in the share price if the company is deemed ineligible for investment because its disclosure and response to climate change information are inadequate; high; ¥10.2 billion; medium term; enhanced disclosure」
For the transition to decarbonization, the company has quantified multiple financial impacts, including ¥10.2 billion from changes in investor assessments of corporate value, ¥4.2 billion in lower sales resulting from the shift to electric vehicles, and impacts from carbon taxes and other factors. - FY2023First statedAnnual report
「Higher operating costs resulting from carbon tax payments if a carbon tax is introduced」
Under the 1.5°C and below-2°C scenarios, the company identifies carbon taxes, restrictions on electricity supply, delays in developing new technologies, the shift to electric vehicles, and changes in investor assessments as transition risks, and estimates financial impacts of up to ¥11.3 billion, among others.