Impact of Climate Change on Production, Logistics and Energy Costs
First written in FY2022. 1 of 3 entries say "Restated". Latest entry: FY2025.
15 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Assuming the realization of a decarbonized society and various situations that may arise in the future due to climate change, the Group conducts scenario analysis of physical risks, taking into account the business activities, periods, assets, and other factors expected to be affected, in order to understand the validity of its strategy and the issues involved.」
For climate change risks, scenario analysis was conducted with the period through 2030 defined as short term, through 2035 as medium term, and through 2050 as long term, and the financial impacts were assessed. - FY2024RestatedAnnual report
「Assuming the realization of a decarbonized society and various situations that may arise in the future due to climate change, the Group conducts scenario analysis of physical risks, taking into account the business activities, periods, assets, and other factors expected to be affected, in order to understand the validity of its strategy and the issues involved.」
For climate change risks, scenario analysis and an assessment of financial impacts were conducted for the target years 2025, 2030, and 2050. - FY2022First statedAnnual report
「Because the Group outsources product manufacturing to suppliers in Asian countries, including China, if natural disasters exceeding expectations caused by climate change occur in those countries or regions, it may become difficult to maintain a stable supply of products due to disruptions in product procurement and logistics and interruptions in energy supplies, potentially affecting the Group's operating results. In addition, if new laws and regulations are introduced or existing ones strengthened as a result of global measures to address climate change, higher operating costs may affect the Group's operating results and financial position.」
Climate change was organized for the first time as an independent external environmental risk, with impacts on procurement, logistics, and energy supplies from natural disasters and cost increases from tighter regulations identified as key issues.