% utilization rate. Also, due to severe declines in crude oil price since late Q1/2020 which continued into Q2/2020, especially in April. Resulting in this quarter, the refinery business recording Inventory Loss
severe damage or a negative impact on public interest, or when a chance to clarify cannot be given to the alleged offender per se. If the gathered evidence presents a sufficient ground for enforcement, the
from both domestic and international demand which were impacted by the coronavirus (COVID-19) pandemic and various severe measures for controlling the outbreak. Therefore it affected to the economic
an important first sign to consider whether or not a prespective company is worth investing. The SEC therefore requires immediate disclosure and reporting in case of severe damage, business
revealed to the public are liable to criminal sanctions. More severe penalties will be imposed in case the act is done with an aim to deceive investors or general public. The SEC thus urges executives and
environmental issues, for example, global warming, and degradation of natural resources, more severe nature disasters, social disparities, and corruption. Any one of these issues could bring about damage to
and assets as well as guidance on the tracking of eligibility status during the term of the bond. Their draft recommendations are refined through engagement with finance industry experts in convened
emanating from climate change can be event-driven (acute) such as increased severity of extreme weather events (e.g., cyclones, droughts, floods, and fires). They can also relate to longer-term shifts
the launch of new projects in the latter half of 2019. However, the impacts of LTV measures and overall situation are far more severe than expected. It affects not only the Company but the whole