Risk from Emissions, Safety and Climate Change Regulations in Various Countries
First written in FY2016. 5 of 13 entries say "Worsened", first in FY2021. Latest entry: FY2026.
Honda Motor moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2024: 6 of 15 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Changes in policies relating to exports and imports, environmental regulations and other matters in each country may result in production disruptions or delays and response costs associated with business activities such as development, procurement and sales, and may adversely affect the Group's business and results of operations.」
Changes in trade and environmental policies, including US tariffs, the abolition of EV tax incentives and the easing of emissions regulations, have emerged as risks affecting the EV strategy, production, development, procurement and sales. - FY2026-H1WorsenedAnnual report
「In addition, policy shifts in the United States, including tariffs, the abolition of tax incentives for EV purchases and the easing of emissions regulations, are expected to further slow the expansion of the US EV market.」
Policy changes surrounding electrification and environmental regulations, including US tariffs, the abolition of EV purchase incentives and the easing of emissions regulations, have emerged as specific risk factors. - FY2025AdvancedAnnual report
「• Fines for failing to meet fuel-economy regulations • Decrease in ICE (internal-combustion-engine) new-vehicle sales due to tighter fuel-economy regulations and other factors ¥100,000 million or more」
Quantified the impact of failing to meet fuel-economy regulations and declining ICE sales under the 1.5°C scenario at ¥100,000 million or more, and the impact of carbon taxes, emissions trading and other factors at ¥10,000 million or more but less than ¥100,000 million, and outlined responses including electrification and the use of renewable energy. - FY2024AdvancedAnnual report
「In its scenario analysis, the Group examined climate-related risks and opportunities in line with the TCFD recommendations, quantified the financial impact as of 2030 under the scenarios to the extent possible, and conducted an assessment and review.」
Conducts analysis of climate-change risks using 1.5°C and 4°C scenarios and is proceeding with the quantification and assessment of the financial impact as of 2030. - FY2023ReframedAnnual report
「The Group operates businesses around the world and recognises the potential for various environmental risks, including climate change, resource depletion, air pollution, water pollution and biodiversity loss. It is also subject to various related regulations.」
Organises the former emissions, safety and climate-change regulatory risks as environmental risks generally, including resource depletion, air and water pollution, and biodiversity loss. - FY2021WorsenedAnnual report
「These matters also have a significant impact on the Group's further medium- to long-term efforts to promote electrification, increasing the importance of countermeasures. This trend is expected to accelerate further.」
States that environmental regulations, including fuel-economy and emissions regulations, are being revised, increasing the impact on medium- to long-term electrification initiatives and the importance of countermeasures. - FY2020ReframedAnnual report
「Future developments surrounding trade-agreement negotiations, particularly those involving the United States, may adversely affect the Group's business and results of operations. …The United States-Mexico-Canada Agreement (USMCA) is expected to enter into force in July 2020.」
Reorganises the former emissions, safety and climate-change regulatory risks as risks associated with regional systems generally, including trade agreements, environmental regulations and personal-information protection rules. - FY2019RestatedAnnual report
「The Group operates businesses around the world, and changes to the systems, agreements, laws and other frameworks of each region and country, including tariffs, import regulations and taxes, may adversely affect the Group's business and results of operations.」
Continues to identify regulatory risks, including tariffs, import regulations and taxes, in addition to the risk of changes to the systems, agreements and laws of each country. - FY2018RestatedAnnual report
「The Group operates businesses around the world, and changes to the systems, agreements, laws and other frameworks of each region and country may adversely affect the Group's business, financial position and results of operations.」
Continues to identify the impact of changes to the systems, agreements, laws and other frameworks of each country on the business, financial position and results of operations as a risk. - FY2017RestatedAnnual report
「The Group operates in countries around the world, and changes in regulations concerning exhaust emissions, fuel economy, noise, vehicle safety, pollutant emissions from production facilities and climate change could adversely affect the Group’s business, financial position and performance.」
Reiterates the risk of changes to emissions, safety, factory-environment and climate-change regulations in each country. - FY2016First statedAnnual report
「The Group operates in countries around the world, and changes in regulations concerning exhaust emissions, fuel economy, noise, vehicle safety, pollutant emissions from production facilities and climate change could adversely affect the Group’s business, financial position and performance.」
Both product regulations and factory regulations are identified as risks to operating the business in countries around the world.