Business interruption and recovery costs caused by natural disasters
First written in FY2016. 3 of 5 entries say "Materialised", first in FY2018. Latest entry: FY2020.
The whole theme swung hardest in 2018: 21 of 93 companies on the "Worse" side.
29 other companies' latest entry also says "Mitigated".
- FY2020MitigatedAnnual report
「Our group has formulated the Tsuchiya Group Business Continuity Plan (BCP) (Disaster Prevention Plan) and the Tsuchiya Group Disaster Prevention Manual, and has implemented measures including the introduction of a safety confirmation system, disaster prevention drills, stockpiling of necessary supplies, and redundant data storage in anticipation of the loss of head office functions due to a major power outage.」
To address natural disaster risks, it has implemented a BCP and disaster prevention manual, safety confirmation procedures, disaster prevention drills, stockpiling of supplies, and redundant data storage. - FY2019-Q3MaterialisedAnnual report
「Housing business net sales were ¥12.302 billion (up 6.3% year on year), as properties scheduled for handover in the previous fiscal year were handed over in the current fiscal year due to the effects of typhoons, earthquakes and other events that occurred in the fourth quarter of the previous fiscal year.」
The delay in handing over properties scheduled for the previous fiscal year due to typhoons, earthquakes and other events continued to have an actual impact on housing business sales in the third quarter. - FY2019-Q2MaterialisedAnnual report
「¥8.09 billion (up 9.2% year on year), as properties scheduled for handover in the previous fiscal year were handed over in the current fiscal year due to the effects of typhoons, earthquakes and other events」
The delay in handing over properties scheduled for the previous fiscal year due to typhoons, earthquakes and other events continued to have an actual impact on housing business sales in the current quarter. - FY2018MaterialisedAnnual report
「The scheduled completion and handover of custom-built homes was delayed because construction was delayed by the effects of typhoons, earthquakes and other events, and properties scheduled for handover in the previous fiscal year were handed over in the current fiscal year.」
Delays in construction and completion and handover caused by natural disasters appeared in the actual explanation of operating results. - FY2016First statedAnnual report
「If a major natural disaster occurs, our group's operating results and financial position may be affected by costs incurred to restore facilities such as factories and branches, losses from the interruption of business activities, inspection costs for customers' homes, shortages in the supply of raw materials, and other costs arising from unforeseen circumstances.」
It identifies as risks the impact of a major natural disaster on facilities, customers' homes, and the supply of raw materials.