Physical, Transition and Disclosure Risks Related to Climate Change
First written in FY2021. 5 of 11 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
14 other companies' latest entry also says "Other".
- FY2026Update to climate change scenario analysisAnnual report
「Based on an analysis of each scenario, physical risk over the analysis period through 2050 was ¥7–8 billion and transition risk was up to ¥31 billion. In light of the Bank's performance, including consolidated net income attributable to owners of the parent of ¥94.0 billion, the Bank recognizes that these risks do not currently pose a material concern regarding the sustainability of its business.」
The climate change scenario analysis through 2050 was updated, with physical risk set at ¥7–8 billion and transition risk at up to ¥31 billion. - FY2026-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no material changes to the matters concerning "Business and Other Risks" described in the annual securities report for the previous fiscal year, nor any events relating to those matters.」
The disclosure states that there have been no material changes or risk events relating to physical, transition or disclosure risks arising from climate change. - FY2025Update to climate change scenario analysisAnnual report
「Based on an analysis of each scenario, physical risk over the analysis period through 2050 was ¥8–9 billion and transition risk was up to ¥30 billion. In light of the Bank's performance, including consolidated net income attributable to owners of the parent of ¥74.2 billion, the Bank recognizes that these risks do not currently pose a material concern regarding the sustainability of its business.」
The climate change scenario analysis was updated, quantifying physical risk through 2050 at ¥8–9 billion and transition risk at up to ¥30 billion. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no material changes to the matters concerning "Business and Other Risks" described in the annual securities report for the previous fiscal year, nor any events relating to those matters.」
The disclosure states that there have been no material changes or risk events relating to physical, transition or disclosure risks arising from climate change. - FY2024WorsenedAnnual report
「Analysis period Through 2050 Through 2050 Analysis results Increase in credit-related expenses: ¥7–8 billion Increase in credit-related expenses: up to ¥31 billion」
The maximum increase in credit-related expenses under the transition-risk scenario in the climate change scenario analysis was updated from the previous maximum of ¥30 billion to ¥31 billion. Physical risk was stated as ¥7–8 billion. - FY2023AdvancedAnnual report
「Analysis period Through 2050 Through 2050 Analysis results Increase in credit-related expenses: ¥7–8 billion Increase in credit-related expenses: up to ¥30 billion」
Scenario analysis of physical and transition risks related to climate change was conducted through 2050, quantifying the increase in credit-related expenses at ¥7–8 billion and up to ¥30 billion, respectively. - FY2023-Q3RestatedAnnual report
「During the first nine months of the current fiscal year, there were no material changes to the matters concerning "Business and Other Risks" described in the annual securities report for the previous fiscal year, nor any events relating to those matters.」
The disclosure states that there have been no material changes or risk events relating to physical, transition or disclosure risks arising from climate change. - FY2023-Q2RestatedAnnual report
「During the first six months of the current fiscal year, there were no material changes to the matters concerning "Business and Other Risks" described in the annual securities report for the previous fiscal year, nor any events relating to those matters.」
The disclosure states that there have been no material changes or risk events relating to physical, transition or disclosure risks arising from climate change. - FY2023-Q1RestatedAnnual report
「During the first three months of the current fiscal year, there were no material changes to the matters concerning "Business and Other Risks" described in the annual securities report for the previous fiscal year, nor any events relating to those matters.」
The disclosure states that there have been no material changes or risk events relating to physical, transition or disclosure risks arising from climate change. - FY2022Identified as a top riskAnnual report
「・Climate change (TCFD) and carbon neutrality initiatives」
Climate change risk was explicitly identified as a top risk, and the Bank positioned its TCFD and carbon neutrality initiatives as an integrated key issue for management. - FY2021First statedAnnual report
「Specific risks include business disruptions affecting customers and the Bank, and impairment of the value of collateral assets held by the Bank due to the intensification and increase of natural disasters and extreme weather events (physical risk); increased credit-related expenses resulting from deterioration in customers' business performance due to policy, regulatory and market changes associated with the transition to a decarbonized society (transition risk); and a decline in corporate value if the Chiba Bank Group's efforts and disclosures regarding climate change are deemed insufficient.」
Newly categorized climate change risks include physical risks from natural disasters and other events, transition risks associated with decarbonization, and the risk of a decline in corporate value due to insufficient initiatives and disclosures.