Production Concentration at the Shodoshima Plant and the Risk of Business Interruption from Natural Disasters
First written in FY2016. 6 of 15 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2020: 21 of 75 companies on the "Worse" side.
23 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The Company has also prepared a Natural Disaster, Accident and Other Incident Response Manual specifying guidelines for action and the allocation of responsibilities when a natural disaster occurs, thereby working to control and mitigate disaster damage. In addition, to prepare for losses, it maintains insurance covering earthquake damage at the Shodoshima, Sodegaura, and Neyagawa plants, as well as flood damage to raw materials and other risks.」
In addition to the 3-base structure and insurance coverage, the Company prepared a Natural Disaster, Accident and Other Incident Response Manual, specifying responses through action guidelines and the allocation of responsibilities. - FY2023MitigatedAnnual report
「The Sodegaura Plant in Chiba Prefecture has been newly operational since February 2020, giving the Group multiple production bases, including the Shodoshima Plant in Kagawa Prefecture and the Neyagawa Plant in Osaka Prefecture, to prepare for large-scale disasters. In addition, to prepare for losses, the Group maintains insurance covering earthquake damage at the Shodoshima, Sodegaura, and Neyagawa plants, as well as flood damage to raw materials and other risks.」
The Company continues its 3-base structure comprising Shodoshima, Sodegaura, and Neyagawa and its insurance coverage, maintaining its response to production concentration at a single plant and natural disaster risks. - FY2022RestatedAnnual report
「The Sodegaura Plant in Chiba Prefecture has been newly operational since February 2020, giving the Group multiple production bases, including the Shodoshima Plant in Kagawa Prefecture and the Neyagawa Plant in Osaka Prefecture, to prepare for large-scale disasters. In addition, to prepare for losses, the Group maintains insurance covering earthquake damage at the Shodoshima, Sodegaura, and Neyagawa plants, as well as flood damage to raw materials and other risks.」
The Company continues to operate a 3-base structure comprising Shodoshima, Sodegaura, and Neyagawa and to maintain insurance covering earthquake damage at the plants and flood damage to raw materials and other risks. - FY2021Raw material flood damage added to the insurance coverageAnnual report
「The Sodegaura Plant in Chiba Prefecture has been newly operational since February 2020, giving the Group multiple production bases, including the Shodoshima Plant in Kagawa Prefecture and the Neyagawa Plant in Osaka Prefecture, to prepare for large-scale disasters. In addition, to prepare for losses, the Group maintains insurance covering earthquake damage at the Shodoshima, Sodegaura, and Neyagawa plants, as well as flood damage to raw materials and other risks.」
The response to single-plant concentration risk through a 3-base structure continues, and the insurance coverage was expanded to explicitly include flood damage to raw materials in addition to earthquake damage at the plants. - FY2020MitigatedAnnual report
「In February 2020, the Group built a new plant in Sodegaura, Chiba Prefecture, and now has multiple production bases, including the Shodoshima Plant in Kagawa Prefecture and the Neyagawa Plant in Osaka Prefecture, to prepare for large-scale disasters. It also maintains earthquake insurance covering the Shodoshima, Sodegaura, and Neyagawa plants in preparation for earthquake damage.」
The response to the risk of production concentration at the Shodoshima Plant progressed to completion of the Sodegaura Plant, the establishment of a 3-base production structure comprising Shodoshima, Sodegaura, and Neyagawa, and the acquisition of earthquake insurance. - FY2020-Q3AdvancedAnnual report
「Net cash used in investing activities was ¥4,123 million, an increase of ¥204 million in expenditure from the same period of the previous year. This was mainly due to ¥4,008 million in expenditure for the acquisition of property, plant and equipment in connection with construction of the Sodegaura Plant and other projects.」
As a response to production concentration at the Shodoshima Plant and the single-plant risk associated with natural disasters, construction of the Sodegaura Plant progressed, and expenditure on the acquisition of property, plant and equipment reached ¥4,008 million. - FY2020-Q2AdvancedAnnual report
「Net cash used in investing activities was ¥3,837 million, an increase of ¥1,325 million in expenditure from the same period of the previous year. This was mainly due to ¥3,788 million in expenditure for the acquisition of property, plant and equipment in connection with construction of the Sodegaura Plant and other projects.」
As a response to production concentration at the Shodoshima Plant and the single-plant risk associated with natural disasters, construction of the Sodegaura Plant progressed, and expenditure on the acquisition of property, plant and equipment totaled ¥3,788 million. - FY2020-Q1AdvancedAnnual report
「Cash flow from investing activities was an outflow of ¥1,648 million, an increase in outflows of ¥1,175 million year on year. This was mainly due to ¥1,633 million in expenditure for the acquisition of property, plant and equipment associated with construction of the Sodegaura Plant and other projects.」
As a response to production concentration at the Shodoshima Plant and the single-plant risk associated with natural disasters, construction of the Sodegaura Plant progressed, and first-quarter expenditure on acquisitions was ¥1,633 million. - FY2019AdvancedAnnual report
「The Group has production plants in Shodoshima District, Kagawa Prefecture, and Neyagawa, Osaka Prefecture. As sesame oil production is conducted at only one plant in Shodoshima District, Kagawa Prefecture, the Group acquired land for a plant in Sodegaura, Chiba Prefecture, and began construction of a new plant with completion targeted for the second half of FY2019.」
As a response to the single-plant risk arising from production concentration at the Shodoshima Plant, construction of the new Sodegaura Plant had commenced, with completion targeted for the second half of FY2019. - FY2019-Q3AdvancedAnnual report
「Company: Sodegaura Plant (Sodegaura, Chiba Prefecture) Sesame oil Sesame oil production equipment 8,000 3,932 Internal funds 2018.9 Second half of FY2019」
As a response to production concentration at the Shodoshima Plant, aging facilities, site constraints, and the single-plant risk associated with natural disasters, the production equipment plan for the Sodegaura Plant progressed, and the amount already paid reached ¥3,932 million. - FY2019-Q2AdvancedAnnual report
「Company's Sodegaura Plant (Sodegaura, Chiba Prefecture) Sesame oil Sesame oil production equipment 8,000 1,573 Internal funds 2018.9 FY2019 Second half」
As a response to production concentration at the Shodoshima Plant, aging facilities, site constraints, and the single-plant risk associated with natural disasters, the plan for sesame oil production equipment at the Sodegaura Plant was finalized. Total planned investment was ¥8,000 million, the amount already paid was ¥1,573 million, and completion was scheduled for the second half of FY2019. - FY2019-Q1MitigatedAnnual report
「The Company has a plant in Shodoshima, Kagawa Prefecture, which serves as a major production base. However, in light of the aging of its facilities in recent years, increasingly limited site capacity due to rising sesame oil production, and the single-plant risk associated with natural disasters, the Company decided to acquire land for a new plant.」
The land acquisition project for a new plant, undertaken to address production concentration at the Shodoshima Plant, aging facilities, site constraints, and the single-plant risk associated with natural disasters, progressed to the execution of a purchase and sale agreement. - FY2018MitigatedAnnual report
「The Company has a plant in Shodoshima, Kagawa Prefecture, which serves as a major production base. However, in light of the aging of its facilities in recent years, increasingly limited site capacity due to rising sesame oil production, and the single-plant risk associated with natural disasters, the Company decided to acquire land for a new plant.」
After identifying the risks of production concentration at the Shodoshima Plant, aging facilities, and site constraints, the Company is addressing them by acquiring land for a new plant in Sodegaura, Chiba Prefecture. - FY2017RestatedAnnual report
「The Company has only one production plant for its products. If a large-scale disaster such as an earthquake occurs, damage to production facilities or business interruption could affect the Company's operating results and financial condition.」
The risk of business interruption due to production concentration at the single Shodoshima Plant and natural disasters continues to be disclosed. - FY2016First statedAnnual report
「The Company has only one production plant for its products. If a large-scale disaster such as an earthquake occurs, damage to production facilities or business interruption could affect the Company's operating results and financial condition.」
Although the Company maintains a certain level of product inventories, production is concentrated at the Shodoshima Plant.