Transition and Physical Risks Associated with Climate Change and Supply Chain Disruptions
First written in FY2023. 1 of 3 entries say "Worsened", first in FY2024. Latest entry: FY2025.
27 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「In addition, business costs may increase due to higher energy prices resulting from changes in supply and demand and geopolitical impacts, additional capital investment for decarbonisation, the introduction of carbon taxes and tighter regulations on chemical substance management.」
The company continues to disclose as climate change risks the loss of business opportunities resulting from energy prices, additional capital investment, carbon taxes, chemical substance management regulations and insufficient compliance with customer and tender requirements. - FY2024WorsenedAnnual report
「In addition, business costs may increase due to higher energy prices resulting from changes in supply and demand and geopolitical impacts, additional capital investment for decarbonisation, the introduction of carbon taxes and tighter regulations on chemical substance management.」
Regarding climate change risks, the company explicitly disclosed not only higher costs from energy prices, additional capital investment, carbon taxes and chemical substance management regulations, but also the possibility of customers suspending transactions or restricting participation in tenders if requirements cannot be met. - FY2023First statedAnnual report
「The group’s business activities may be affected by stricter future environmental regulations resulting from rising temperatures and increased risks of natural disasters.」
For the first time, the company quantified by scenario transition risks such as decarbonisation regulations, carbon taxes and higher raw material prices, and physical risks such as supply chain disruption and plant shutdowns caused by floods, typhoons and rising sea levels. It indicated potential impacts of approximately ¥900 million, ¥2.1 billion and ¥30.3 billion, among others.