Risks from Tighter Environmental Regulations and Environmental Liabilities
First written in FY2017. 1 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 2 of 9 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026Specific risks by climate scenarioAnnual report
「Technology-related risks include delays in developing new products such as hydrogen gas turbines and the emergence of alternative technologies for CO2 capture equipment.」
Risks including delays in technology development, alternative technologies and tighter environmental regulations under decarbonization scenarios have been specified, and their business impact as of 2030 is being analyzed. - FY2020WorsenedAnnual report
「In businesses such as thermal power generation systems, chemical plants, steelmaking machinery and compressors, rising environmental awareness may reduce demand for products and services, shrink the scale of operations and make it difficult to recover invested capital.」
Environmental regulations and decarbonization are identified as risks that could reduce demand for thermal power generation and other products, shrink business scale and make recovery of invested capital difficult. - FY2019RestatedAnnual report
「The Group is subject to various environmental regulations in Japan and overseas concerning air pollution, water pollution, soil and groundwater contamination, waste disposal, the use of hazardous substances, energy conservation and measures to combat global warming.」
The risks related to tighter environmental regulations, environmental liability, and the costs of remediation and other measures continue to be disclosed. - FY2017First statedAnnual report
「The Group is subject to various environmental regulations in Japan and overseas concerning air pollution, water pollution, soil and groundwater contamination, waste disposal, the use of hazardous substances, energy conservation and measures to combat global warming. If these regulations are tightened in the future, or if the Group becomes liable for damages under applicable law in relation to its past, present or future business activities, … this may affect the Group's financial position and financial results.」
The tightening of environmental regulations, liability for damages arising from past, present and future business activities, and costs for remediation and other measures are explicitly identified as risks.