Impact of Climate Change on Counterparties, Collateral Values and Business Continuity
First written in FY2021. 4 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 6 of 35 companies on the "Worse" side.
13 other companies' latest entry also says "Other".
- FY2026Update of analysis scope and impact estimatesAnnual report
「Cumulative increase in credit-related costs through 2050: ¥26.6 billion」
Expanded the sectors covered by its transition risk analysis for climate change and quantified the cumulative increase in credit-related costs through 2050 at ¥26.6 billion. For physical risks, the maximum increase in credit-related costs was estimated at ¥4.3 billion and the percentage of affected locations at 19%. - FY2025MitigatedAnnual report
「Analysis results Maximum increase in credit-related costs through 2050: ¥4.3 billion Maximum damages through 2050: ¥200 million Percentage of locations affected by flooding: 19%」
Quantified the impact of climate change risks on credit-related costs, damage to business facilities and the percentage of affected locations through scenario analysis, and linked the results to risk management and customer engagement. - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the interim consolidated accounting period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
Discloses that there have been no new developments or material changes in the impact of climate change on customers, collateral values or business continuity. - FY2024-Q3RestatedAnnual report
「There were no newly arising business or other risks during the third quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
Comprehensively discloses that there have been no new developments or material changes in the impact of climate change on customers, collateral values or business continuity. - FY2024-Q1RestatedAnnual report
「There were no newly arising business or other risks during the first quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
Comprehensively discloses that there have been no new developments or material changes in the impact of climate change on customers, collateral values or business continuity. - FY2023MitigatedAnnual report
「The analysis indicates that the maximum increase in credit-related costs through 2050 will be ¥5.3 billion.」
Conducted scenario analysis of the physical risks of climate change and estimated the maximum increase in credit-related costs through 2050 at ¥5.3 billion. The cumulative impact of transition risks was estimated at ¥7.1 billion, and the results indicate that the financial impact is limited in both cases. - FY2022MitigatedAnnual report
「The analysis indicates that the impact on the Bank's finances is limited in all cases.」
Conducted short-, medium- and long-term analyses of the physical and transition risks of climate change and assessed the financial impact as limited. Responses through the Sustainability Committee and the existing risk management framework have also been established. - FY2022-Q3RestatedAnnual report
「There were no newly arising business or other risks during the third quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
Continues to disclose that there have been no new developments or material changes in the impact of climate change on customers, collateral values or business continuity. - FY2021First statedAnnual report
「If a large-scale disaster occurs as a result of extreme weather, direct damage to our officers, employees or branches could disrupt our business continuity. It could also adversely affect the financial condition of our customers and the value of collateral assets, potentially increasing our credit-related costs.」
Newly identified physical risks from climate change and risks of customer deterioration associated with the transition to a low-carbon society as major risks.