Impact of Climate Change Regulations and Other Factors on the LP Gas Business
First written in FY2023. 1 of 2 entries say "Worsened", first in FY2025. Latest entry: FY2025.
Iwatani moved to the "Worse" side of this theme in 2025, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 6 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「Policies and regulations, including fossil fuel levies and emissions trading, are introduced, consumer attitudes change, and demand for fossil fuels declines significantly.」
Regarding climate change risks, the company assessed the financial impact of declining fossil fuel demand as “large” under the 2°C scenario and disclosed quantitative assessments of risks and opportunities, including under the 4°C scenario. - FY2023First statedAnnual report
「While the group's principal product is LP gas, a fossil fuel, it is also focusing on expanding the adoption of products that contribute to decarbonization, such as hydrogen. Depending on future developments in climate-related regulations and other factors, the group's results may be affected.」
The company has identified as a new major risk its business structure, in which LP gas is the principal product and a fossil fuel, and the possibility that climate-related regulations and other factors may affect its results.