Facility shutdown and business-impact risk from natural disasters, diseases, war and terrorism
First written in FY2017. 5 of 6 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2020-Q3.
Asmo moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 68 of 111 companies on the "Worse" side.
13 other companies' latest entry also says "Materialised".
- FY2020-Q3MaterialisedAnnual report
「Japan's economy stagnated amid an unstable global environment, as well as an increase in the consumption tax rate and a series of major typhoons, with indicators such as production and shipments deteriorating across the board.」
The company stated that the increase in the consumption tax rate coincided with major typhoons, resulting in deterioration in production and shipment indicators and economic stagnation. - FY2020-Q2MaterialisedAnnual report
「As a result, products could not be received into external warehouses, and the company was also affected when discount sales intended to reduce inventory disrupted the supply-demand balance. However, it was able to minimize the damage by adjusting its forward purchases.」
Typhoons and heavy rain made it impossible to receive products into external warehouses, disrupted the supply-demand balance and led to discount sales, bringing the logistics and sales impacts of natural disasters to the surface. - FY2019-Q3MaterialisedAnnual report
「The effects of natural disasters remain, and consumption continues to stagnate because of damage from the Northern Osaka Earthquake, heavy rain caused by Typhoon No. 7 in early July, and the heavy rain, power outages and flooding caused by Typhoon No. 21 in early September. Typhoon No. 21 in particular damaged the product storage warehouse, leaving products unsellable. Because the company could not store additional products, inventory was damaged and sales opportunities were lost, preventing sales from meeting plan in September.」
Earthquakes, heavy rain and typhoons caused power outages and flooding, resulting in warehouse damage, inventory damage, products becoming unsellable, lost sales opportunities and weak consumption. - FY2019-Q2MaterialisedAnnual report
「However, numerous natural disasters caused damage, and consumption stagnated as a result of damage from the Northern Osaka Earthquake, flooding caused by Typhoon No. 7 in early July, and power outages and flooding caused by Typhoon No. 21 in early September. Typhoon No. 21 in particular damaged the warehouse where products were stored, leaving the company unable to sell products and unable to store additional products. This caused damage to the products themselves and lost sales opportunities, preventing the company from selling according to plan in September.」
The Northern Osaka Earthquake, heavy rain and typhoons caused power outages and flooding, resulting in damage to storage warehouses, product damage, lost sales opportunities and weak consumption. - FY2019-Q1MaterialisedAnnual report
「The impact of the Northern Osaka Earthquake is expected to emerge going forward, but the company will maintain its current policy and continue working to steadily increase production of chilled beef products from Mexico.」
The Northern Osaka Earthquake occurred, and the company disclosed that impacts could emerge going forward, indicating that natural disaster risk has materialized as an actual event. - FY2017First statedAnnual report
「In other businesses as well, large-scale natural disasters such as earthquakes and tsunamis, disease, war or terrorism could render facilities operated by the Group or its supply destinations inoperable. This could result in lower sales and extraordinary expenses, affecting the Group's performance.」
The company newly disclosed the possibility that natural disasters, disease, war or terrorism could render its own facilities or those of its supply destinations inoperable, resulting in lower sales and extraordinary expenses.