Impact of Weather and Natural Disasters on Operations
First written in FY2016. 11 of 13 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2023-Q3.
Toyo Suisan moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
1 other company's latest entry also says "Materialised".
- FY2023-Q3MaterialisedAnnual report
「Losses from disasters － 71」
The company recognized ¥71 million in losses from disasters as an extraordinary loss for the cumulative third quarter. - FY2023-Q2MaterialisedAnnual report
「Losses from disasters － 68」
The company recognized ¥68 million in losses from disasters as an extraordinary loss for the cumulative second quarter. - FY2023-Q1MaterialisedAnnual report
「Sales of prepared rice products declined due to some products being temporarily withdrawn from sale following damage to manufacturing equipment caused by the earthquake off the coast of Fukushima Prefecture in March, among other factors. Losses from disasters － 57」
Damage to manufacturing equipment caused by the earthquake off the coast of Fukushima Prefecture led to some products being temporarily withdrawn from sale and to lower sales, and the company also recognized ¥57 million in losses from disasters. - FY2022MaterialisedAnnual report
「The consolidated fiscal year (1 April 2021 to 31 March 2022) These were mainly costs to restore facilities to their original condition following the earthquake off the coast of Fukushima Prefecture in March 2022.」
The earthquake off the coast of Fukushima Prefecture occurred in March 2022, and the company recognized ¥250 million in losses from disasters. - FY2022-Q2MaterialisedAnnual report
「In the refrigerated logistics business, stored inventory fell below the previous fiscal year amid difficult conditions due to the spread of COVID-19 and unseasonable weather. However, demand for products consumed at home during calls to refrain from going out supported increased handling of retail frozen foods and steady handling of delivered products.」
The company states that unseasonable weather affected actual operations in the refrigerated logistics business by reducing stored inventory. - FY2021MaterialisedAnnual report
「These were mainly costs to restore facilities to their original condition following the earthquake off the coast of Fukushima Prefecture in February 2021.」
A natural disaster occurred, and the company recognized ¥297 million in losses from disasters as costs to restore facilities to their original condition and other costs resulting from the earthquake off the coast of Fukushima Prefecture. - FY2021-Q2MaterialisedAnnual report
「In the refrigerated logistics business, the movement of stored products was sluggish due to the spread of COVID-19 and unseasonable weather. However, in addition to the operating contribution from the Ishikari Shinko Logistics Center, completed in May 2020, handling of customs clearance, transportation and other services remained solid.」
The company states that unseasonable weather affected actual operations by causing sluggish movement of stored products. No damage to facilities or operational stoppages caused by natural disasters are described. - FY2019MaterialisedAnnual report
「These were mainly costs to restore facilities to their original condition following Typhoon No. 21 and the Hokkaido Eastern Iburi Earthquake, which occurred in September 2018.」
Natural disasters occurred, and the company recognized ¥130 million in disaster-related losses resulting from Typhoon No. 21, the Hokkaido Eastern Iburi Earthquake and other events. - FY2019-Q3MaterialisedAnnual report
「Losses from disasters － 128」
The quarterly consolidated statement of income for the cumulative third quarter recognized ¥128 million in losses from disasters as an extraordinary loss. - FY2019-Q2MaterialisedAnnual report
「The company states that attention should also be paid to the economic impact of the succession of natural disasters. Losses from disasters － 123」
The company notes the succession of natural disasters and recognized ¥123 million in losses from disasters in the quarterly consolidated statement of income for the cumulative second quarter. - FY2019-Q1MaterialisedAnnual report
「Losses from disasters － 32」
The quarterly consolidated statement of income recognized ¥32 million in losses from disasters as an extraordinary loss. The details of the disaster and its impact on operations are not explained in the main text. - FY2017RestatedAnnual report
「If production facilities at manufacturing sites are damaged by large-scale earthquakes, typhoons or other natural disasters, or if operations are affected by restrictions on infrastructure use, such as reduced power supply caused by these events, the Group's business performance and financial condition may be affected by lower sales resulting from reduced manufacturing capacity due to operational interruptions and higher costs to restore facilities, among other factors.」
The company continues to disclose the risk of operational interruptions and lower manufacturing capacity caused by natural disasters, weather and power restrictions. - FY2016First statedAnnual report
「If production facilities at manufacturing sites are damaged by large-scale earthquakes, typhoons or other natural disasters, or if operations are affected by restrictions on infrastructure use, such as reduced power supply caused by these events, the Group's business performance and financial condition may be affected by lower sales resulting from reduced manufacturing capacity due to operational interruptions and higher costs to restore facilities, among other factors.」
The company identifies demand fluctuations caused by weather, and production stoppages and restoration costs caused by earthquakes, typhoons and power restrictions as risks.