Branch Disruptions and Rising Credit Costs Due to Climate Change and Natural Disasters
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 6 of 35 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Occurrence of natural disasters and an increase in the frequency of severe disasters Disruption of the functions of operating stores due to natural disasters in the areas where we operate Higher credit costs if customers suffer disaster-related damage that affects their businesses or results Higher credit costs due to impairment of the value of real estate collateral caused by natural disasters An increase in infectious diseases and other conditions attributable to climate change Disruption of the functions of our operating stores due to a pandemic」
Natural disasters and infectious diseases associated with climate change continue to pose risks that could lead to disruption of store operations, deterioration in customers' business performance, impairment of collateral values, and higher credit costs. - FY2024RestatedAnnual report
「Occurrence of natural disasters and an increase in the frequency of severe disasters Disruption of the functions of operating stores due to natural disasters in the areas where we operate Higher credit costs if customers suffer disaster-related damage that affects their businesses or results Higher credit costs due to impairment of the value of real estate collateral caused by natural disasters」
Natural disasters and infectious diseases associated with climate change continue to pose risks that could lead to disruption of store operations, deterioration in customers' business performance, impairment of collateral values, and higher credit costs. - FY2023First statedAnnual report
「Occurrence of natural disasters and an increase in the frequency of severe disasters Disruption of the functions of operating stores due to natural disasters in the areas where we operate Higher credit costs if customers suffer disaster-related damage that affects their businesses or results Higher credit costs due to impairment of the value of real estate collateral caused by natural disasters An increase in infectious diseases and other conditions attributable to climate change Disruption of the functions of our operating stores due to a pandemic」
The company has for the first time systematically organized natural disasters and infectious diseases associated with climate change as risks that could lead to disruption of store operations, deterioration in customers' business performance, impairment of collateral values, and higher credit costs.