Establishment of the Sustainability Committee and Management of Climate-Related Risks and Opportunities
First written in FY2023. 4 of 5 entries say "Advanced", first in FY2024. Latest entry: FY2026.
35 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Group owns 43 income-producing properties nationwide. To reflect the uncertainties expected to arise as climate change progresses in its strategy, it is identifying risks and opportunities and conducting scenario analysis.」
The number of income-producing properties covered increased from 42 to 43. The Company continues to operate the Sustainability Committee quarterly and analyze transition risks, physical risks and opportunities in the real estate business. - 2026-05-29AdvancedGeneral Meetings of Shareholders
「The Internal Management System Enhancement Committee met 12 times and, for new projects and other matters requiring deliberation, obtained opinions from external committee members who were attorneys and certified public accountants, confirming that there were no issues before proceeding.」
The Company specified the Committee's annual number of meetings and its practice of proceeding with projects only after obtaining the views of external professionals. - FY2025AdvancedAnnual report
「The Group owns 42 income-producing properties nationwide. To reflect the uncertainties expected to arise as climate change progresses in its strategy, the Sustainability Committee is identifying risks and opportunities and conducting scenario analysis for the real estate business, currently the Group's core business, taking into account the magnitude of the financial impact on the Group. The committee is considering the financial impact on the Company and its responses by category: transition risks, physical risks and opportunities.」
The Company continued to operate the Sustainability Committee and made more concrete its scenario analysis of transition risks, physical risks and opportunities for the real estate business covering 42 properties nationwide. - FY2024AdvancedAnnual report
「In line with the framework advocated by the TCFD, the Group is using scenario analysis to forecast changes in the external environment as of 2050 and is analyzing the risks and opportunities that climate change may pose to its business.」
The Company established a Sustainability Committee and set its meeting frequency at quarterly. It made more concrete its scenario analysis as of 2050 in line with the TCFD, selection of materiality, and analysis of risks and opportunities. - FY2023First statedAnnual report
「The Company plans to establish a Sustainability Committee in May this year. Members of the Committee for Strengthening Internal Management, which deliberates and verifies matters concerning the Company's overall risks from an objective perspective, are also expected to participate as observers. The Sustainability Committee will meet semiannually to formulate the basic sustainability policy, select materiality (priority issues) to be addressed as a priority in climate-related matters, identify, analyze and address risks and opportunities, and deliberate on and approve overall sustainability management policies. By receiving reports from the Board of Directors on the progress of these initiatives, the Company will establish a system for overseeing the policies and action plans for addressing climate change risks and opportunities across the Group.」
The Company planned to establish a Sustainability Committee chaired by the Representative Director and President in May, and disclosed for the first time a framework under which the committee would deliberate on materiality, climate-related risks and opportunities, and action plans semiannually, with oversight by the Board of Directors.