• Obsolescence of existing business models resulting from the emergence of new technologies, such as IoT and AI.
• Labor shortage in developed countries, loss of excellent human resources in businesses in which efficiency improvement is delayed.

• Creation of new markets and provision of innovative services.
• Utilizing new technologies for optimizing human resources and logistics, increasing competitiveness by promoting work style reform.

Transition Risk

• Reduction in demand for fossil fuels due to business restrictions on greenhouse gas emissions.

Physical Risk

• Damage to business due to the increase in abnormal weather (e.g., droughts, flooding, typhoons and hurricanes).

• Increase in renewable energy and other business opportunities which will contribute to alleviating climate change.
• Retention and acquisition of customers by strengthening supply structures that can adapt to abnormal weather.

• Decline in labor productivity, loss of excellent human resources, missed business opportunities, increase in health-related expenses, and other events that would result from failure to take appropriate measures.

• Improvement of labor productivity, health and motivation, securing of excellent human resources, enhanced capability of responding to changes and business opportunities, and other events that will result from providing a motivating workplace environment.

• Business delay or business continuity risk resulting from the occurrence of a human rights problem in business activities that expands (geographically).
• Decline in credibility that may result from defects in the social infrastructure services we provide.

• Stabilization of business or securing of excellent human resources resulting from harmonious coexistence with local communities.
• Establishment of safe, stable supply system for product enabled by the consideration of human rights and improvement of work environment in the supply chain.

• Decline in credibility that would result from the occurrence of consumers and service users' safety or health issues.
• Impact on business of destabilization of the market or social security system based on policy change.

• Increase in demand for food safety and security and health improvement.
• Expansion of information, financial and logistics services resulting from an increase in consumer spending or penetration of the internet.

• Impact of opposition movement resulting from the occurrence of an environmental problem and worsening relationship with local communities.
• Structural exhaustion of the overall industry caused by the occurrence of price competition, mainly in the consumer-related sector.

• Increase in resource demand attributed to an increase in population and improvement of living standard in emerging countries.
• Winning customer trust or creating new businesses with a stable supply of environmentally friendly resources and materials.

• Occurrence of business continuity risk or unexpected loss resulting from the malfunction of corporate governance or internal control.

• Improvement of transparency in decision-making, appropriate response to changes and establishment of a stable basis of growth enabled by the establishment of a firm governance system.