Transition and Physical Risks Associated with Climate Change
First written in FY2022. 3 of 5 entries say "Worsened", first in FY2023. Latest entry: FY2026.
Yokohama Financial Group moved to the "Worse" side of this theme in 2023, 3 years before the typical company in this theme (2026).
The whole theme swung hardest in 2024: 6 of 35 companies on the "Worse" side.
13 other companies' latest entry also says "Other".
- FY2026Updated climate scenario analysisAnnual report
「Analysis results Credit-related expenses: ¥50.8 billion–¥113 billion※ Net Zero 2050: ¥263.6 billion Below ２℃: ¥201.4 billion ※Difference from the Current Policies scenario Credit-related expenses: ¥21.1 billion–¥56.2 billion」
Updated the scenario analysis as of the end of March 2026 and estimated the impact on credit-related expenses at ¥50.8 billion–¥113 billion for transition risk and ¥21.1 billion–¥56.2 billion for physical risk. - FY2025WorsenedAnnual report
「Analysis results Credit-related expenses: ¥23.8 billion–¥114.1 billion Credit-related expenses: ¥24 billion–¥59.7 billion」
Climate change scenario analysis as of the end of March 2025 estimated credit-related expenses of ¥23.8 billion–¥114.1 billion for transition risk and ¥24 billion–¥59.7 billion for physical risk. - FY2024WorsenedAnnual report
「Analysis results Credit-related expenses: ¥10.3 billion–¥75.4 billion* Credit-related expenses: ¥18.2 billion–¥40.9 billion」
Climate change scenario analysis for fiscal 2023 estimated credit-related expenses of ¥10.3 billion–¥75.4 billion for transition risk and ¥18.2 billion–¥40.9 billion for physical risk. The estimated impact was greater than the range disclosed for the previous fiscal year. - FY2023WorsenedAnnual report
「Analysis results Credit-related expenses: cumulative ¥9 billion–¥17 billion Credit-related expenses: ¥3 billion–¥7 billion」
Conducted scenario analysis of transition and physical risks from climate change and estimated the increase in credit-related expenses through 2050 at ¥9 billion–¥17 billion and ¥3 billion–¥7 billion, respectively. - FY2022First statedAnnual report
「The transition to a decarbonized society may turn businesses into stranded assets, while damage to buildings and business interruptions caused by natural disasters intensified by extreme weather may affect the businesses and financial condition of our group's customers and their collateral, potentially affecting our group's performance and financial position through increased credit-related expenses.」
For climate change, explicitly identified stranded assets arising from the transition to a decarbonized economy and the physical impacts of extreme weather and natural disasters as separate major risks.