Impact of climate change on nickel supply, costs and real estate assets
First written in FY2023. 2 of 4 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RestatedAnnual report
「In the real estate business, the impact of physical risks such as wind and flood damage may be significant because Japan is particularly prone to natural disasters. In such cases, because real estate is located in place and is difficult to relocate, these risks may directly damage real estate assets and have other impacts.」
The supply and cost risks for nickel, physical damage to real estate from natural disasters, and emissions-regulation risks associated with construction and electricity use continue to be disclosed. - FY2025WorsenedAnnual report
「In the real estate business, the impact of physical risks such as wind and flood damage may be significant because Japan is particularly prone to natural disasters. In such cases, because real estate is located in place and is difficult to relocate, these risks may directly damage real estate assets and have other impacts. Real estate construction also uses substantial equipment and building materials, and significant amounts of electricity are consumed after construction, making the business susceptible to regulations on greenhouse gas emissions and other matters.」
In addition to the existing supply and cost risks arising from climate change, the effects of direct physical damage to real estate, building materials and electricity use, and regulations on greenhouse gas emissions were described in greater detail. - FY2024RestatedAnnual report
「In the Group's metals business, nickel may see a sharp increase in demand because it is an important metal for the transition to renewable energy. At the same time, the overseas mines and plants from which we procure nickel may be affected by climate change, potentially causing production to fall short of demand and costs to increase.」
The potential increase in nickel demand and the supply and cost risks at overseas production sites, as well as the physical risks to real estate, continue to be disclosed. - FY2023First statedAnnual report
「In the Group's metals business, nickel may see a sharp increase in demand because it is an important metal for the transition to renewable energy. At the same time, the overseas mines and plants from which we procure nickel may be affected by climate change, potentially causing production to fall short of demand and costs to increase. In the real estate business, the impact of physical risks such as wind and flood damage may be significant because Japan is particularly prone to natural disasters.」
The potential increase in nickel demand, supply and cost risks at overseas production sites, and physical risks such as wind and flood damage to real estate were disclosed for the first time in relation to climate change.