Factory Disasters, Earthquakes and Tsunamis, and System Downtime
First written in FY2016. 4 of 8 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2024.
Feed One moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 22 of 50 companies on the "Worse" side.
51 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Accordingly, at each plant, the Group has implemented measures including preparing BCPs (business continuity plans), promoting job rotation, establishing systems to confirm employees' safety, organizing volunteer fire brigades, and conducting disaster-preparedness drills.」
The Group continues to implement measures including BCPs, job rotation, employee safety confirmation and disaster-preparedness drills against the risk of operational stoppages caused by plant disasters, earthquakes and tsunamis, and employee infections. - FY2022RestatedAnnual report
「At each plant, the Group has implemented measures including preparing BCPs (business continuity plans), promoting job rotation, establishing systems to confirm employees' safety, organizing volunteer fire brigades, and conducting disaster-preparedness drills.」
The Group continues to implement measures including BCPs, employee safety confirmation and disaster-preparedness drills against the risk of operational stoppages caused by plant disasters, earthquakes and tsunamis, and employee infections. - FY2022-Q3MaterialisedAnnual report
「This represents insurance proceeds related to partial damage to aquaculture business facilities.」
The company disclosed that part of its aquaculture business facilities was damaged and insurance proceeds of ¥18 million were recorded. - FY2020-Q3RestatedAnnual report
「The Group has production companies for livestock products and farmed fish among its consolidated subsidiaries and affiliated companies. Significant fluctuations in commodity prices, shipment suspensions or forced large-scale disposals due to disease and other events, and damage from natural disasters such as typhoons and earthquakes could materially affect its operating results and financial position.」
The Group continues to disclose the risks of shipment suspensions or large-scale disposals caused by disease and natural disasters, and of impacts on the operating results and financial position of production companies. - FY2019-Q3MaterialisedAnnual report
「These are the costs of restoration work related to typhoon damage at the consolidated subsidiary ㈱東白川ファーム.」
Typhoon damage occurred at 東白川ファーム, resulting in a disaster-related loss of ¥22 million in connection with the plant and production-facility disaster risk. - FY2017MaterialisedAnnual report
「This represents the losses from the fire that occurred on 7 December 2016 at the consolidated subsidiary ㈱東白川ファーム. The breakdown is as follows: ¥118 million in losses on the disposal of inventories destroyed in the fire, ¥194 million in losses on the retirement of property, plant and equipment (¥190 million for buildings, ¥2 million for structures, ¥1 million for machinery and equipment, and ¥0 million for tools, furniture and fixtures), ¥12 million in industrial waste disposal costs, and ¥16 million in other expenses.」
The plant and production-facility disaster risk previously described actually materialized as a fire at 東白川ファーム and was recorded as a fire loss of ¥342 million. - FY2017-Q3MaterialisedAnnual report
「This represents the losses from the fire that occurred on 7 December 2016 at the consolidated subsidiary ㈱東白川ファーム. The breakdown is as follows: ¥118 million in disposal costs for the company's inventories destroyed in the fire, ¥194 million in losses on the retirement of property, plant and equipment (¥190 million for buildings, ¥2 million for structures, ¥1 million for machinery and equipment, and ¥0 million for tools, furniture and fixtures), ¥11 million in industrial waste disposal costs, and ¥7 million in other expenses.」
A fire of the type previously identified as a disaster risk at plants and production facilities actually occurred at a consolidated subsidiary and was recorded as a total fire loss of ¥332 million. - FY2016First statedAnnual report
「In addition to the possibility that buildings and machinery may collapse in a major earthquake, the Group's feed manufacturing plants are located in coastal areas. Buildings and machinery may be submerged or damaged by a tsunami, making it impossible to resume production until recovery work is completed.」
The Group identifies the risk of business interruptions caused by plant disasters, earthquakes and tsunamis, as well as operational disruptions caused by computer system outages.