Business risks associated with the transition to a decarbonized society
First written in FY2021. 5 of 9 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Company forecast social and regulatory trends in 2030 and 2050, identified business risks and opportunities through scenario analysis, analyzed the business impacts of the items with the greatest effects, considered responsive strategies, and promoted the planning and implementation of specific measures.」
For decarbonization transition risks, the Company has progressed to the planning and implementation stage for 2030 and 2050, including estimated financial impacts such as ¥100 million–¥500 million, timing of emergence ranging from less than 3 years to 10 years, and response measures. - FY2025AdvancedAnnual report
「The Company forecast social and regulatory trends in 2030 and 2050, identified business risks and opportunities through scenario analysis, analyzed the business impacts of the items with the greatest effects, considered responsive strategies, and promoted the planning and implementation of specific measures.」
For decarbonization transition risks, the Company has progressed from scenario analysis covering 2030 and 2050 to specific risk management and implementation plans that include financial impacts, timing of emergence, and response measures. - FY2023AdvancedAnnual report
「Transition risks associated with decarbonization (primarily under the 1.5°C scenario): policies and regulations; higher costs due to the introduction of a carbon tax; 5–10 years; cost reductions through energy conservation and productivity improvements; use of renewable energy such as solar power generation」
For decarbonization transition risks, the Company has categorized carbon taxes, delays in keeping pace with technology, increases in EVs, and higher raw material and energy prices, and has presented the timing of their emergence and response measures by scenario. - FY2023-Q3RestatedAnnual report
「Under these circumstances, the Company worked to pass higher raw material and energy costs on to product prices, strengthen competitiveness through productivity improvements, enhance profitability by reviewing its product strategy, and develop new customers and secure orders for new components in anticipation of the transition to a decarbonized society.」
The Company continues its policy of assuming the transition to a decarbonized society as a change in the business environment and responding by developing new customers and new components. - FY2023-Q2RestatedAnnual report
「We worked to develop new customers and secure orders for new parts in anticipation of the transition to a decarbonized society.」
Assuming business risks associated with the transition to a decarbonized society, the Company continues to respond by developing new customers and new components. - FY2022-Q3RestatedAnnual report
「Under these circumstances, the Company worked to improve profitability by strengthening cooperation among production sites in Japan and overseas and improving productivity through automation, while considering ways to address business challenges, including identifying business opportunities and risks associated with the transition to a decarbonized society and developing high-value-added materials.」
The Company continues to identify business opportunities and risks arising from the transition to a decarbonized society. - FY2022-Q2RestatedAnnual report
「We have examined ways to address business issues, including identifying business opportunities and risks arising from the transition to a decarbonized society and developing high-value-added materials.」
The Company continues to identify business opportunities and risks arising from the transition to a decarbonized society and continues to recognize transition risks. - FY2022-Q1RestatedAnnual report
「We have examined ways to address business issues, including identifying business opportunities and risks arising from the transition to a decarbonized society and developing high-value-added materials.」
The Company continues to identify business opportunities and risks arising from the transition to a decarbonized society and continues to recognize the business risks associated with the transition. - FY2021First statedAnnual report
「As the transition to a decarbonized society accelerates, the Group, guided by its corporate vision, will work to strengthen its business foundation for sustainable growth by enhancing the profitability of its existing businesses while developing new demand arising from a decarbonized society and improving operations through digital transformation.」
For the first time, the Company explicitly identified the transition to a decarbonized society as a new business risk that could affect demand and the earnings structure of its existing businesses, and stated that it would respond by developing new demand and through other measures.