Climate-Change Risks from Carbon Taxes, Floral-Material Procurement and Natural Disasters
First written in FY2024. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
The whole theme swung hardest in 2021: 4 of 17 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「The system was installed and operational at 10 halls under a PPA (Power Purchase Agreement) arrangement, based on actual results for March 2024. In FY2024, installation was expanded to 10 of the existing halls, bringing the total to 20 halls, based on actual results for March 2025.」
As a response to climate change risks, solar power generation was expanded from 10 to 20 halls. The company also presented estimates of the impact of a carbon-tax burden of approximately ¥230 million and higher electricity prices of approximately ¥90 million. - FY2024First statedAnnual report
「However, the review of individual scenarios identified poor growth of floral materials due to rising temperatures and changing precipitation patterns, leading to higher procurement costs under the 4°C scenario, and increased tax burdens from the introduction of a carbon tax under the 1.5°C scenario as the key risks that could have financial impacts.」
A TCFD scenario analysis with 2050 as the time horizon identified higher floral-material procurement costs and carbon-tax burdens as major risks, and estimated the impact of the carbon tax at approximately ¥330 million.