Higher Compliance Costs Due to Environmental Changes and Changes in Environmental Laws
First written in FY2017. 9 of 12 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 10 of 42 companies on the "Worse" side.
13 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「However, the Group has prepared for various risks, including large-scale disasters, in its normal operations and has established a backup system under which deliveries can be supplemented from other logistics centers even if one logistics center is unable to supply products. Accordingly, the Group believes that the impact of risks from natural disasters caused by climate change will be minor.」
For the risk of natural disasters and logistics center shutdowns caused by climate change, the company explicitly identified inter-center backup arrangements as a countermeasure and assessed the impact as minor. At the same time, it continues to anticipate risks such as carbon taxes and renewable energy procurement costs. - FY2022WorsenedAnnual report
「However, if costs such as capital expenditures for disaster preparedness and carbon taxes arise in the future, or if extreme weather events intensify, causing damage to sales and logistics sites or suspending operations, this could affect the Group's operating performance and financial condition.」
In addition to the existing risk of higher compliance costs due to environmental changes and changes in laws and regulations, the company specified investment in disaster preparedness, carbon taxes, intensifying extreme weather events, damage to sites and operational suspensions as climate change risks. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there has been no material change in the risk of higher compliance costs due to environmental changes and changes in environmental regulations. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there has been no material change in the risk of higher compliance costs due to environmental changes and changes in environmental regulations. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there has been no material change in the risk of higher compliance costs due to environmental changes and changes in environmental regulations. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there has been no material change in the risk of higher compliance costs due to environmental changes and changes in environmental regulations. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there has been no material change in the risk of higher compliance costs due to environmental changes and changes in environmental regulations. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there has been no material change in the risk of higher compliance costs due to environmental changes and changes in environmental regulations. - FY2018RestatedAnnual report
「Further environmental changes or changes in laws and regulations in the future could affect operating performance through higher environmental compliance costs and other factors.」
The company continues to identify the risk of higher compliance costs due to environmental changes and changes in environmental regulations. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there has been no material change in the risk of higher compliance costs due to environmental changes and changes in environmental regulations. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there has been no material change in the risk of higher compliance costs due to environmental changes and changes in environmental regulations. - FY2017First statedAnnual report
「The Group promotes resource reuse and carbon dioxide reduction and conducts its business with consideration for the natural environment while complying with applicable laws and regulations. However, further environmental changes or changes in laws and regulations could affect operating performance through higher environmental compliance costs and other factors.」
In addition to its policies on resource reuse and carbon dioxide reduction, the company disclosed higher environmental compliance costs resulting from future environmental changes and changes in laws and regulations as a performance risk.