Climate Change Response Costs and Impacts on Agricultural and Fishery Products
First written in FY2022. 3 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 4 of 17 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If stricter environmental regulations or heightened social expectations result in energy expenses or mitigation costs exceeding expectations, or if climate change causes significant changes in the quality or yields of agricultural and fishery products, our results of operations may be affected.」
The company is reaffirming the risks associated with climate change, including mitigation costs, energy expenses, and changes in the quality and yields of agricultural and fishery products. - FY2025RestatedAnnual report
「Because our store operations consume substantial energy and our frozen and refrigerated cases use large quantities of alternative fluorocarbon refrigerants, we have addressed global warming, which has a significant negative impact on the global environment, from an early stage. Based on the “AEON Decarbonization Vision 2050,” which aims to achieve a decarbonized society, we are promoting energy conservation and the transition to renewable energy. However, if stricter environmental regulations or heightened social expectations result in energy expenses or mitigation costs exceeding expectations, or if climate change causes significant changes in the quality or yields of agricultural and fishery products, our results of operations may be affected.」
The company is reaffirming the risks associated with climate change, including mitigation costs, energy expenses, and changes in the quality and yields of agricultural and fishery products. - FY2025-Q1MaterialisedAnnual report
「By business line, apparel sales were 95.5% of the previous year's level (95.5% on an existing-store basis), as spring and early-summer merchandise underperformed due to unsettled weather and an increasingly frugal consumer mindset.」
Unsettled weather became evident in actual segment performance through weak sales of spring and early-summer merchandise. - FY2024MaterialisedAnnual report
「We actively replaced equipment with high-efficiency units and worked to reduce electricity consumption to promote energy conservation, but consumption increased due to the extremely hot summer, reaching 97.7% of the previous fiscal year's level against the target of a 4% reduction.」
Higher electricity consumption due to the extremely hot summer materialized, with consumption decreasing only 2.3% from the previous fiscal year's level and falling short of the 4% reduction target. - FY2024-Q3MaterialisedAnnual report
「We actively replaced equipment with high-efficiency units and worked to reduce electricity consumption to promote energy conservation, but consumption increased due to the extremely hot summer. Against the target of a 4% reduction from the previous fiscal year's level, consumption decreased only 2.5% year on year.」
The impact of climate and weather factors became evident in the form of higher electricity consumption due to the extremely hot summer. - FY2023RestatedAnnual report
「Based on the “AEON Decarbonization Vision 2050,” which aims to achieve a decarbonized society, we are promoting energy conservation and the transition to renewable energy. However, if stricter environmental regulations or heightened social expectations result in energy expenses or mitigation costs exceeding expectations, or if climate change causes significant changes in the quality or yields of agricultural and fishery products, our business, financial condition and results of operations may be affected.」
The company is reaffirming the risks of higher energy expenses and mitigation costs associated with climate change, and changes in the quality and yields of agricultural and fishery products. - FY2022First statedAnnual report
「Based on the “AEON Decarbonization Vision 2050,” which aims to achieve a decarbonized society, we are promoting energy conservation and the transition to renewable energy. However, if stricter environmental regulations or heightened social expectations result in energy expenses or mitigation costs exceeding expectations, or if climate change causes significant changes in the quality or yields of agricultural and fishery products, our business, financial condition and results of operations may be affected.」
For climate change, the company disclosed for the first time, as a standalone risk item, the risk that higher energy expenses and mitigation costs resulting from environmental regulations and social expectations, and changes in the quality and yields of agricultural and fishery products, could affect its business, financial condition and results of operations.