Physical and Transition Risks of Climate Change
First written in FY2023. 2 of 3 entries say "Mitigated", first in FY2024. Latest entry: FY2025.
5 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Climate change risks affect the Group's strategy and financial plans, but the company estimates that the degree of impact is relatively small. For example, regarding physical risks, the company has confirmed that its own factories are located in areas with low exposure to typhoons and other physical risks, and each location has prepared a business continuity plan so that operations can continue in the event of an emergency.」
The company assessed the financial impact of climate change risks as relatively small and continues to address them through location-specific BCPs and alternative suppliers. - FY2024MitigatedAnnual report
「Climate change risks affect the Group's strategy and financial plans, but the company estimates that the degree of impact is relatively small. For example, regarding physical risks, the company has confirmed that its own factories are located in areas with low exposure to typhoons and other physical risks, and each location has prepared a business continuity plan so that operations can continue in the event of an emergency.」
The company assessed the financial impact of climate change risks as relatively small and described measures including location-specific BCPs, alternative suppliers, and the development of environmentally considerate products. - FY2023First statedAnnual report
「In the short term (1–5 years), the company identifies operational shutdowns caused by natural disasters and supply chain disruptions as its main issues. Over the medium to long term (10–20 years), it identifies higher business costs resulting from the introduction of carbon taxes and tighter greenhouse gas reduction regulations as its main issues.」
Based on the 2°C and 4°C scenarios, the company identified short-term risks from natural disasters and supply chain disruptions, and medium- to long-term risks from higher costs resulting from carbon taxes and tighter regulations, as the main climate-related risks. It also described impacts such as the temporary closure of sales locations.