Climate change, carbon tax and natural disaster risks based on TCFD scenario analysis
First written in FY2023. 5 of 6 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「Under the 4°C scenario, disruption to the supply chain and direct damage caused by extreme weather events are expected. The company has quantitatively analysed the direct damage from flooding and losses associated with business shutdowns, and assesses these as material risks that could put pressure on the Group's finances.」
The company continues to conduct TCFD-based 4°C and 1.5°C scenario analyses, quantitative analyses of flood damage and business shutdown losses, and assessments of carbon taxes, resource-circulation regulations and higher electricity prices. - FY2025-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company stated that there had been no new occurrence or material change in climate change, carbon tax or natural disaster risks based on its TCFD scenario analysis. - FY2024RestatedAnnual report
「Under the 4°C scenario, disruption to the supply chain and direct damage caused by extreme weather events are expected. The company has quantitatively analysed the direct damage from flooding and losses associated with business shutdowns, and assesses these as material risks that could put pressure on the Group's finances.」
The company continues to disclose TCFD-based 4°C and 1.5°C scenario analyses, quantitative analyses of flood damage and business shutdown losses, and assessments of carbon taxes, resource-circulation regulations and higher electricity prices. - FY2024-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The company stated that there had been no new occurrence or material change in climate change, carbon tax or natural disaster risks based on its TCFD scenario analysis. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company stated that there had been no new occurrence or material change in existing risks related to climate change, carbon taxes and natural disasters. - FY2023First statedAnnual report
「As the Group anticipates financial risks arising from climate change in the future, it is analysing climate-related risks based on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). Under the 1.5°C scenario, various policies and regulations are expected to be introduced to promote the transition to decarbonisation. For example, higher compliance costs are expected to arise from the strengthening of current recycling-related regulations. In particular, the Group has estimated and analysed the potential financial impact of the introduction of a carbon tax. Under the 4°C scenario, disruption to the supply chain and direct damage caused by extreme weather events are expected. The Group has quantitatively analysed the direct damage from flooding and losses associated with business shutdowns, and assesses these as material risks that could put pressure on the Group's finances.」
Based on the TCFD recommendations, the company analysed climate change risks under the 1.5°C and 4°C scenarios. It quantitatively analysed the financial risks of carbon taxes, regulatory compliance costs, direct damage from flooding and losses from business shutdowns.