Risk of Business Disruption and Facility Damage Caused by Earthquakes, Typhoons and Other Natural Disasters
First written in FY2017. 4 of 7 entries say "Materialised", first in FY2019. Latest entry: FY2022.
Key Coffee Inc 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 2018: 32 of 131 companies on the "Worse" side.
90 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Our Group has established sales and production bases in various locations throughout Japan and has a system in place for formulating business continuity plans to prepare for unforeseen events. However, earthquakes, typhoons and other natural disasters may affect business performance and financial position through the suspension of business activities and damage to production facilities, inventories and other assets.」
While maintaining business continuity plans for domestic bases, the risks of business interruption and damage to facilities caused by earthquakes, typhoons and other natural disasters continue to be disclosed. - FY2020MaterialisedAnnual report
「Loss from natural disasters: ¥7 million」
We recognized a ¥7 million loss from natural disasters in the fiscal year, and the risk associated with natural disasters has been reflected in actual losses. - FY2020-Q3MaterialisedAnnual report
「Losses from natural disasters」
We recognized a ¥4 million loss from natural disasters in the cumulative third quarter, and the risk associated with natural disasters has been reflected in actual losses. - FY2020-Q2MaterialisedAnnual report
「Losses from natural disasters」
We recognized a ¥4 million loss from natural disasters in the cumulative second quarter, and the risk associated with natural disasters continues to be reflected in actual losses. - FY2019MaterialisedAnnual report
「In terms of business performance, we worked to acquire new customers in the foodservice market, but this did not fully offset the decline in the number of existing general foodservice customers, and sales fell below the previous year due in part to lower customer sales resulting from repeated natural disasters.」
The decline in customer sales caused by repeated natural disasters is disclosed as an event that affected sales in the coffee-related business. - FY2018RestatedAnnual report
「If a major earthquake, typhoon or other natural disaster occurs, our Group may experience an adverse impact on business performance and financial position due to the suspension of business activities and damage to production facilities, inventories and other assets.」
The risks of business interruption and damage to facilities and inventories caused by earthquakes, typhoons and other natural disasters continue to be disclosed. - FY2017First statedAnnual report
「A major earthquake, typhoon or other natural disaster could adversely affect business performance and financial position through the suspension of business activities and damage to production facilities, inventories and other assets.」
Business interruption and damage to production facilities and inventories caused by natural disasters are disclosed as risks.