Concentration of Head Office Functions and Shutdowns Caused by Disasters and Epidemics
First written in FY2016. 11 of 20 entries say "Restated". Latest entry: FY2024.
E-Supportlink moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 3 of 12 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Group has formulated a business continuity plan (BCP) covering the safety measures required and measures for business continuity and early recovery, based on the assumption of disasters, including large-scale earthquakes such as a Nankai Trough mega-earthquake and an earthquake directly beneath the Tokyo metropolitan area, as well as outbreaks of infectious diseases such as novel influenza.」
The disclosure continues to address the recognition of risks and measures concerning large-scale disasters, infectious diseases and the BCP. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no new business risks and no material changes to the business risks described in the securities report for the previous fiscal year.」
It is stated that there has been no new occurrence or material change in the risk of functions being disrupted by the concentration of functions at headquarters and by disasters or epidemics. - FY2023-Q3RestatedAnnual report
「During the nine-month consolidated period, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure that there are no newly arising risks or material changes concerning the concentration of functions at headquarters and the risk of operational disruption caused by disasters and infectious diseases continues. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no new business risks and no material changes to the business risks described in the securities report for the previous fiscal year.」
The disclosure that there are no newly arising risks or material changes concerning the concentration of functions at headquarters and the risk of operational disruption caused by disasters and infectious diseases continues. - FY2022-Q3RestatedAnnual report
「During the nine-month consolidated period, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It has been stated that there are no newly arising risks or material changes concerning the concentration of functions at headquarters and the risk of operational disruption caused by disasters and infectious diseases. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year's securities report.」
It has been stated that there are no newly arising risks or material changes concerning the concentration of functions at headquarters and the risk of operational disruption caused by disasters and infectious diseases. - FY2021WorsenedAnnual report
「Although the timing of the end of the COVID-19 pandemic cannot be reasonably estimated, the Group is currently preparing accounting estimates related to impairment of fixed assets and the recoverability of deferred tax assets based on the assumption that the impact will continue to a certain extent during the fiscal year ending November 2022.」
The assumptions were updated to reflect that the impact of the infectious disease would continue to a certain extent during the fiscal year ending November 2022, and this was reflected in estimates of fixed-asset impairment and the recoverability of deferred tax assets. - FY2021-Q3WorsenedAnnual report
「Based on recent developments, the Group has changed the assumptions described in the annual securities report for the previous consolidated fiscal year under Additional Information (Accounting Estimates Related to the Spread of COVID-19), including assumptions concerning how COVID-19 will spread in the future and when it will subside. The assumptions following the change are as follows. Accounting estimates have been prepared on the assumption that the impact of the spread of COVID-19 will continue beyond September 2021.」
The accounting estimates were changed to assume that the impact of COVID-19 would continue beyond September 2021. - FY2021-Q2RestatedAnnual report
「If lockdown measures are imposed in the production areas of imported fruits and vegetables due to the global spread of COVID-19, or if such measures continue for an extended period, delays in the arrival of imported fruits and vegetables from each region may affect the Group's financial position, operating results and cash flows.」
The risk of delays in the arrival of imported fruits and vegetables due to lockdowns in production areas and their prolongation continues to be disclosed on the premise that there have been no material changes. - FY2021-Q1RestatedAnnual report
「There have been no material changes from the previous consolidated fiscal year in the assumptions described in the annual securities report for that year under Additional Information (Accounting Estimates Related to the Spread of COVID-19), including assumptions concerning how COVID-19 will spread in the future and when it will subside.」
It has been stated that there have been no material changes from the previous fiscal year in the assumptions underlying accounting estimates concerning the future spread of COVID-19 and when it will subside. - FY2020WorsenedAnnual report
「The Group withdrew the numerical targets in its medium-term management plan on 14 January 2021 because the spread of COVID-19 had significantly affected the development of new businesses, particularly due to restrictions on sales activities, and because it had become difficult to reasonably calculate medium-term management figures given the inability to foresee when the spread of COVID-19 would end or the extent of its impact on the Group, including the government's declaration of a state of emergency on 7 January 2021.」
Restrictions on sales activities due to the infectious disease affected the development of new businesses, and the numerical targets in the medium-term management plan were withdrawn because the outlook for its impact was uncertain. - FY2020-Q3Assumption that the impact of infectious diseases is immaterial for accounting estimatesAnnual report
「The Group believes that the impact of the spread of COVID-19 is immaterial. Accordingly, it has prepared accounting estimates, including impairment accounting for fixed assets and the recoverability of deferred tax assets, on the assumption that COVID-19 will have no material impact on business activities. However, the impact of the spread of COVID-19 is highly uncertain, and depending on developments going forward, it may affect the Group's financial position and operating results.」
While accounting estimates are prepared on the assumption that the impact of infectious diseases is immaterial and will have no material effect, it has additionally been disclosed that the impact remains highly uncertain and may affect the financial position and operating results depending on future developments. - FY2020-Q2WorsenedAnnual report
「There have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year. However, if lockdown measures are imposed in the production areas of imported fruits and vegetables due to the global spread of COVID-19, or if such measures continue for an extended period, delays in the arrival of imported fruits and vegetables from each region may affect the Group's financial position, operating results and cash flows.」
The risk of delays in the arrival of imported fruits and vegetables due to prolonged COVID-19 outbreaks and lockdowns in production areas has been specified. - FY2020-Q1MaterialisedAnnual report
「Close attention must be paid to the impact of COVID-19 on domestic and overseas economies.」
For infectious diseases, which had previously been described as an assumed infectious disease risk, the disclosure now addresses the actual outbreak of COVID-19 and its economic impact. No specific damage to the business is described. - FY2019Re-listed disaster and infectious disease risksAnnual report
「The Group has formulated a business continuity plan (BCP) covering the safety measures required and measures for business continuity and early recovery, based on the assumption of disasters, including large-scale earthquakes such as a Nankai Trough mega-earthquake and an earthquake directly beneath the Tokyo metropolitan area, as well as outbreaks of infectious diseases such as novel influenza. However, it is difficult to avoid all risks associated with disasters and infectious diseases, and the increasing scale of disasters due to recent climate change could result in events occurring on an unanticipated scale. In such cases, the Group's operating results and financial position may be affected, including through a reduction in business activities.」
Risks related to disasters and infectious diseases concentrated at headquarters, which could not be explicitly confirmed in the previous fiscal year, have been re-listed, including large-scale earthquakes, infectious diseases, the increasing scale of disasters associated with climate change, and the BCP. - FY2017DroppedAnnual reportThe risk of functions being disrupted by the concentration of functions at headquarters and by disasters or epidemics, which had been disclosed through the previous period, cannot be explicitly confirmed in the list of business and other risks for the fiscal year concerned.
- FY2017-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It is stated that there has been no new occurrence or material change in the risk of functions being disrupted by the concentration of functions at headquarters and by disasters or epidemics. - FY2017-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It is stated that there has been no new occurrence or material change in the risk of functions being disrupted by the concentration of functions at headquarters and by disasters or epidemics. - FY2017-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The disclosure states that there has been no new occurrence or material change in the risk of functions being disrupted by the concentration of functions at headquarters and by disasters or epidemics. - FY2016First statedAnnual report
「Management and core functions are concentrated at headquarters. If an earthquake or other disaster in the Tokyo metropolitan area, or an epidemic or other event, causes these functions to cease operating, the Group's operating results may be affected.」
Although the Group operates multiple server and business operation sites, the disclosure identifies a business continuity risk arising from the concentration of management and core functions at headquarters.