Tightening Environmental Laws and Regulations and Environmental Liability Costs
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2026.
Saxa moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
6 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The Group evaluates the impact of climate change on corporate management over the short, medium and long term, assuming transition risks under the 1.5°C scenario and physical risks under the 4°C scenario, and assesses the impact on its business and finances.」
The framework has been expanded from the previous focus on tighter environmental regulations and the cost of removing hazardous substances to include the assessment of transition risks, physical risks, supply chain disruptions and carbon costs based on the 1.5°C and 4°C scenarios. - FY2019RestatedAnnual report
「The Group has established an environmental management system across the Group based on ISO 14001 and engages in environmental conservation activities. However, if environmental regulations become more stringent in the future and additional obligations to remove hazardous substances and other materials are imposed, related costs may arise and adversely affect the Group's operating results and financial position.」
While operating an environmental management system, the risk of costs arising from tighter environmental regulations and obligations to remove hazardous substances is reconfirmed. - FY2018RestatedAnnual report
「The Group has established an environmental management system across the Group based on ISO 14001 and engages in environmental conservation activities. However, if environmental regulations become more stringent in the future and additional obligations to remove hazardous substances and other materials are imposed, related costs may arise and adversely affect the Group's operating results and financial position.」
While operating an environmental management system, the risk of costs arising from tighter environmental regulations and obligations to remove hazardous substances is reconfirmed. - FY2017RestatedAnnual report
「The Group has established an environmental management system across the Group based on ISO 14001 and engages in environmental conservation activities. However, if environmental regulations become more stringent in the future and additional obligations to remove hazardous substances and other materials are imposed, related costs may arise and adversely affect the Group's operating results and financial position.」
While establishing an environmental management system, the risk of costs arising from tighter environmental regulations and obligations to remove hazardous substances is reconfirmed. - FY2016First statedAnnual report
「The Group's business activities are subject to various environmental laws and regulations governing air pollution, water pollution, the use and handling of hazardous substances, waste disposal, product recycling and other matters, and the Group faces environmental liability risks in connection with its past, present and future business activities.」
The application of environmental laws and regulations, and the risk of costs arising from tighter future regulations and obligations to remove hazardous substances, are identified as risks.