Physical and transition risks from climate change

「Under the below-2°C/1.5°C scenarios, the company assumes that carbon taxes will be introduced and government environmental policies and regulations aimed at decarbonization will be strengthened. Under the 4°C scenario, meanwhile, it assumes that global warming will cause natural disasters to become more frequent and severe, potentially causing physical damage to the Group's plants through flooding, while damage to suppliers could disrupt the supply chain and temporarily halt the Group's production.」