Credit and operational impacts of physical and transition risks from climate change
First written in FY2022. 2 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 6 of 35 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Analysis results Increase in credit-related expenses: up to approximately ¥9.6 billion In addition, if an infectious disease such as COVID-19 occurs and spreads, credit-related expenses are expected to increase by approximately ¥500 million as an unexpected expense.」
The maximum increase in credit-related expenses under the transition-risk analysis was updated from approximately ¥11.7 billion to approximately ¥9.6 billion, and the estimate for an infectious disease outbreak was revised to approximately ¥500 million. The physical-risk analysis also continued. - FY2024WorsenedAnnual report
「Analysis results Increase in credit-related expenses: up to approximately ¥11.7 billion In addition, if an infectious disease such as COVID-19 occurs and spreads, credit-related expenses are expected to increase by approximately ¥800 million as an unexpected expense.」
The transition-risk analysis was expanded to the tourism, electricity, gas and water industries, and the increase in credit-related expenses through 2050 was quantified at up to approximately ¥11.7 billion, with approximately ¥800 million expected in the event of an infectious disease outbreak. For physical risks, credit-related expenses were estimated at approximately ¥500 million and damage to branch equipment at approximately ¥700 million to ¥1.8 billion. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no material changes or newly arising risks from those described in the annual securities report for the previous fiscal year regarding business and other risks that could materially affect investors' decisions.」
The company reconfirmed that there have been no material changes or new risks since the previous year's disclosure regarding the credit and operational impacts of the physical and transition risks of climate change. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no material changes or newly arising risks from those described in the annual securities report for the previous fiscal year regarding business and other risks that could materially affect investors' decisions.」
The company reconfirmed that there have been no material changes or new risks since the previous year's disclosure regarding the credit and operational impacts of the physical and transition risks of climate change. - FY2022First statedAnnual report
「Risk exposure Additional credit costs included in credit-related expenses: approximately ¥400 million Cumulative damage to branch equipment and other assets: approximately ¥500 million to ¥1.1 billion Increase in credit-related expenses: up to approximately ¥5.1 billion」
For the physical and transition risks of climate change, the analysis period runs through 2050, and additional credit costs, damage to branch equipment, and credit costs related to transition risks were quantified.