Reputational damage due to unclear environmental targets and direction
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2024-Q1.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the risk of reputational damage due to unclear environmental targets and direction. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the risk of reputational damage due to unclear environmental targets and direction. - FY2021First statedAnnual report
「If we are unable to present quantitative targets and a clear corporate direction underlying them with respect to environmental management, this could cause significant loss of credibility not only in product markets but also in capital markets, potentially affecting the Group’s business performance and financial position through lost order opportunities, constraints on capital procurement and a stagnant share price.」
The company has identified loss of credibility in product and capital markets resulting from the inability to present quantitative targets or a clear direction for environmental management as a new risk.