Recognition of Climate Change Risks and TCFD-Based Response
First written in FY2023. 3 of 5 entries say "Restated". Latest entry: FY2026-H1.
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
The company states that there have been no material changes regarding transition and physical risks related to climate change. - FY2025RestatedAnnual report
「The company recognizes, based on its assessment, that these risks will not have a material impact on its business, but will monitor changes in circumstances and continue conducting periodic assessments.」
The company continues to disclose its policy of assessing transition and physical risks related to climate change using multiple scenarios, monitoring circumstances, and conducting periodic assessments. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
The company states that there have been no material changes regarding transition and physical risks related to climate change. - FY2024AdvancedAnnual report
「The company recognizes, based on its assessment, that these risks will not have a material impact on its business, but will monitor changes in circumstances and continue conducting periodic assessments.」
The company conducted assessments of risks and opportunities using multiple climate change scenarios and specified a policy of monitoring and periodically assessing transition and physical risks. - FY2023First statedAnnual report
「There is a possibility of losses from transition risks, including changes in climate-related policies and regulations accompanying the transition to a low-carbon economy, the obsolescence of existing products and services due to changes in investor behaviour, and reputational damage resulting from an inability to respond to the transition to a low-carbon economy, as well as losses from physical risks, including damage to assets held and disruption to business activities caused by climate change.」
The company newly added climate change risks as a standalone item under business and other risks and classified them into transition risks and physical risks. It also discloses its support for the TCFD recommendations, scenario analysis, and management through the Risk Management Committee. The impact periods are classified as short term (0–3 years), medium term (4–10 years), and long term (more than 11 years).