Risk of production stoppages caused by large-scale natural disasters
First written in FY2017. 3 of 7 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2021.
The whole theme swung hardest in 2018: 35 of 131 companies on the "Worse" side.
30 other companies' latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「Development of a BCP incorporating a system of mutual support among group companies in preparation for natural disasters」
To address the risk of operating stoppages caused by natural disasters, accidents and infectious diseases, the company is developing a BCP incorporating mutual support, a crisis response manual and an infectious disease BCP. - FY2020MaterialisedAnnual report
「Our group is facing the spread of the novel coronavirus at all locations. Under these circumstances, some factories experienced temporary operating stoppages」
Regarding the risk of operating stoppages caused by natural disasters, epidemics and other events, temporary stoppages at some factories due to the spread of the novel coronavirus have actually occurred. - FY2019WorsenedAnnual report
「If a major earthquake or other natural disaster, power outage, fire or explosion, infectious disease outbreak, conflict, terrorism or riot occurs, production stoppages and other operating disruptions are expected」
In addition to conventional natural disasters, the company explicitly identifies power outages, fires, explosions, infectious diseases, conflicts, terrorism and riots as risks that could stop production. - FY2019-Q3MitigatedAnnual report
「During the nine-month period of the current third quarter of the consolidated fiscal year, the impact of natural disasters, which had temporarily raised concerns in Japan, diminished from October onward」
Although the impact of natural disasters was reported to have diminished from October onward, disaster-related losses of ¥499 million from the Northern Osaka Earthquake were recorded, with the impact of the risk weakening after its occurrence. - FY2019-Q2MaterialisedAnnual report
「In connection with the Northern Osaka Earthquake in June 2018, losses and other costs incurred at a contract warehouse of our consolidated subsidiary, FUJI OIL CO.,LTD., were recorded as extraordinary losses.」
Losses and other costs of ¥474 million at a contract warehouse following the Northern Osaka Earthquake were recorded as extraordinary losses, confirming again that natural disaster risk has materialized. - FY2019-Q1MaterialisedAnnual report
「Sales of chocolate fats in the Americas declined slightly due in part to the impact of factory stoppages caused by a cold wave at the beginning of the year. In connection with the Northern Osaka Earthquake in June 2018, losses incurred mainly at a contract warehouse of our consolidated subsidiary, FUJI OIL CO.,LTD., were recorded as extraordinary losses.」
Factory stoppages in the Americas caused by the cold wave led to lower sales, while losses of ¥460 million at a contract warehouse following the Northern Osaka Earthquake were recorded as extraordinary losses, indicating that natural disaster risk has materialized. - FY2017First statedAnnual report
「If a major earthquake or other natural disaster occurs in any region where we have production facilities, damage to those facilities and disruption to logistics functions are expected to result in production stoppages and other operating disruptions, which may adversely affect the group’s business results and financial position.」
The company explicitly identifies the risks of facility damage, logistics disruption and production stoppages caused by earthquakes and other events at production facilities in Japan and overseas.