Business impact of natural disasters, fires and accidents
First written in FY2016. 2 of 5 entries say "Worsened", first in FY2020. Latest entry: FY2025.
Kyowanissei moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 75 of 117 companies on the "Worse" side.
103 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If natural disasters or extreme weather events such as earthquakes, heavy rain and flooding, or a pandemic occur, our company or business partners may suffer damage to business continuity resources, including employees and owned buildings and equipment, and business activities may be suspended.」
Business continuity risks from natural disasters, extreme weather and pandemics continue to be identified as major risks. - FY2022WorsenedAnnual report
「In response to the increasing severity and frequency of weather-related disasters resulting from climate change in recent years, and the growing likelihood of a Nankai Trough earthquake or an earthquake directly beneath the Tokyo metropolitan area」
Regarding natural disaster risk, the increasing severity and frequency of weather-related disasters and the imminent risk of major earthquakes were explicitly identified as business environment factors. - FY2020WorsenedAnnual report
「If natural disasters or extreme weather events such as earthquakes, heavy rain and flooding, or a pandemic occur, our company or business partners may suffer damage to business continuity resources, including employees and owned buildings and equipment, and business activities may be suspended.」
Pandemics were explicitly added to the scope of natural disaster risks, and the filing described the mechanisms through which business continuity resources could be damaged and business operations suspended. - FY2019-Q3MaterialisedAnnual report
「In irrigation construction at golf courses and other sites, namely landscaping and irrigation equipment construction, the volume of construction declined because customer companies prioritized repair work on courses damaged by the July 2018 heavy rains and successive typhoons.」
Damage to customer companies caused by heavy rains and typhoons, and their prioritization of repair work, actually resulted in a decline in our irrigation construction volume. - FY2016First statedAnnual report
「Our company or business partners may suffer damage from natural disasters such as earthquakes, as well as fires and accidents.」
The filing described the potential impact on sales and the resulting costs of restoring or replacing facilities.