Tightening of Regulations on Exhaust Emissions, Energy Efficiency, Recycling and Environmentally Hazardous Substances
First written in FY2017. 2 of 4 entries say "Mitigated", first in FY2021. Latest entry: FY2025.
Mikuni moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2025: 5 of 20 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2025From environmental regulation risks to business changes, including the response to carbon neutralityAnnual report
「Unexpected changes in these laws and regulations may affect the Group’s development, production and sales activities, and may affect its financial position and operating results. The Group may also be affected by regulations on the sale of new vehicles with internal combustion engines as the global shift toward decarbonisation progresses.」
The company has organised the risks to include regulations on emissions, fuel economy and pollutants, as well as regulations on the sale of new internal-combustion-engine vehicles associated with decarbonisation. - FY2022MitigatedAnnual report
「To address these risks, the Group is promoting initiatives aimed at achieving carbon minimisation, monitoring progress in discussions across a range of areas, scrutinising regulatory changes, and seeking to maintain and develop systems capable of developing and producing products ahead of such changes.」
As responses to environmental regulation and climate change risks, the company has specified carbon minimisation, scrutiny of regulatory changes, and proactive product development and production systems. - FY2021MitigatedAnnual report
「To address these risks, the Group is promoting initiatives aimed at achieving carbon minimisation, monitoring progress in discussions across a range of areas, scrutinising regulatory changes, and seeking to maintain and develop systems capable of developing and producing products ahead of such changes.」
While continuing to identify changes in environmental regulations as a risk, the company has specified responses including carbon minimisation, scrutiny of regulatory changes, and proactive product development and production systems. - FY2017First statedAnnual report
「Tightening environmental regulations in various areas, including emissions regulations in each country, energy conservation, recycling, emission standards for pollutants from manufacturing plants and standards for environmentally hazardous substances contained in products, may affect the Group’s operating results and financial position.」
The company explicitly identifies tighter environmental regulations in various countries, including those affecting the automotive industry, as a risk that could affect operating results and financial position.