Natural Disaster Risk Associated with Concentration of Dominant-Format Store Openings in the Tokai Region
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2020: 11 of 26 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「The Group operates funeral halls in the Tokai, Kanto and Kansai regions. Natural disasters such as earthquakes, typhoons, floods and tsunamis could suspend business activities or result in substantial costs for renovating facilities, affecting the Group’s operating results and financial position. In particular, a major disaster in the Tokai region, where the Group’s funeral halls are concentrated, is expected to have a greater impact.」
Continued to disclose natural disaster risks affecting locations in the Tokai, Kanto and Kansai regions, and the potentially greater impact resulting from the concentration in the Tokai region. - FY2018RestatedAnnual report
「The Group operates funeral halls in the Tokai, Kanto and Kansai regions. Natural disasters such as earthquakes, typhoons, floods and tsunamis could suspend business activities or result in substantial costs for renovating facilities, affecting the Group’s operating results and financial position. In particular, a major disaster in the Tokai region, where the Group’s funeral halls are concentrated, is expected to have a greater impact.」
Continued to disclose natural disaster risks affecting locations in the Tokai, Kanto and Kansai regions, and the potentially greater impact resulting from the concentration in the Tokai region. - FY2017WorsenedAnnual report
「The Group operates funeral halls in the Tokai, Kanto and Kansai regions. Natural disasters such as earthquakes, typhoons, floods and tsunamis could suspend business activities or result in substantial costs for renovating facilities, affecting the Group’s operating results and financial position.」
Disclosed natural disasters generally, including typhoons, floods and tsunamis, in addition to the previously identified earthquake risk, together with the risks of business suspension and renovation costs. - FY2016First statedAnnual report
「A major natural disaster such as an earthquake in the Tokai region, where the funeral halls are particularly concentrated, is expected to have a substantial impact.」
Disclosed that, while the dominant-format strategy raises awareness, the concentration of funeral halls in the Tokai region creates exposure to natural disasters.