Overseas Dependence and Risks of Operational Accidents and Labor Disputes at Suppliers
First written in FY2018. 1 of 3 entries say "Restated". Latest entry: FY2022.
Mitsui Matsushima Holdings moved to the "Worse" side of this theme in 2022.
0 other companies' latest entry also says "Reframed".
- FY2022ReframedAnnual report
「The Riddell coal mine, a core asset of the Group's coal production business, is located in New South Wales, Australia. Accordingly, if production, sales or other activities are disrupted by unforeseen events, such as major changes in Australia's political or economic environment, labor disputes, or changes in laws and regulations, the Group's operating results and financial position may be affected.」
The disclosure has shifted from a general description of overseas dependence on Australia, Indonesia and other countries to a focus on risks related to Australia's political and economic environment, labor disputes and legislative changes, centered on the Riddell coal mine. - FY2019RestatedAnnual report
「The Group's coal sales business depends entirely on imports from foreign countries, including Australia and Indonesia. In its coal production business, the Group is addressing this risk, including through investments in suppliers, with the aim of ensuring a stable supply.」
The Group reiterates its 100% dependence on overseas procurement and the resulting supply risks from political and economic changes overseas, operational accidents, labor disputes and legislative changes. - FY2018First statedAnnual report
「The Group's coal sales business depends entirely on imports from foreign countries, including Australia and Indonesia. In its coal production business, the Group is addressing this risk, including through investments in suppliers, with the aim of ensuring a stable supply. If production, sales or other activities are disrupted by unforeseen events, such as major changes in the political or economic environment in these countries, operational accidents or labor disputes at suppliers, or changes in laws and regulations, the Group's operating results and financial position may be affected.」
Given its 100% dependence on overseas coal procurement, the Group identifies disruptions to supply and sales caused by political or economic changes overseas, operational accidents, labor disputes and legislative changes as new risks.