Operational interruptions caused by natural disasters and water-related issues
First written in FY2016. 9 of 14 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2024.
Ishii Food 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 2018: 33 of 131 companies on the "Worse" side.
91 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「If a major earthquake or other natural disaster occurs in an area containing factories that manufacture the Group's products or factories housing infrastructure such as servers, and production facilities or infrastructure networks are damaged, this may affect the Group's operating results and financial condition.」
The Company continues to identify the risk of operational disruptions caused by damage to infrastructure such as factories and servers. - FY2023MaterialisedAnnual report
「The Company recorded ¥9 million in gains on sales of non-current assets and ¥78 million in insurance proceeds received under extraordinary income, and ¥4 million in losses on disposal of non-current assets, ¥15 million in impairment losses and ¥40 million in losses from disasters under extraordinary losses. As a result, profit before income taxes was ¥284 million, an increase of ¥200 million year on year.」
Insurance proceeds received in connection with natural disasters and other events, along with losses from disasters, were reflected in full-year profit and loss, with losses from disasters totaling ¥40 million. - FY2023-Q3MaterialisedAnnual report
「After taking into account extraordinary income, including insurance proceeds received in connection with a fire at a Company factory and losses from disasters, as well as extraordinary losses and income taxes, quarterly net income attributable to owners of the parent was ¥87 million, an increase of ¥14 million year on year.」
Insurance proceeds received in connection with a fire at a Company factory and losses from disasters were reflected in profit and loss. The fire itself is being established as a separate thread, while this thread records the occurrence of losses from disasters. - FY2023-Q2MaterialisedAnnual report
「Losses from disasters - 4,766」
The Company recorded ¥4.766 million in losses from disasters as extraordinary losses for the six-month period ended the second quarter, reflecting the impact of natural disaster risks in its profit and loss. - FY2021RestatedAnnual report
「Because water is used in food manufacturing processes, if a water-related problem arises that could affect human health, the Group may have to suspend food manufacturing operations.」
The Company continues to describe the risk of factory and infrastructure shutdowns caused by natural disasters or water quality problems. - FY2020MaterialisedAnnual report
「During the fiscal year, natural disasters, including torrential rain, extreme heat and earthquakes, occurred one after another and caused damage in various regions. In the food industry, they affected some production and sales activities through difficulties in procuring raw materials, disruptions to distribution networks and damage to factory equipment.」
Natural disasters again affected raw material procurement, distribution, and production and sales activities during the fiscal year, and the Company recorded ¥8.063 million in losses from disasters. - FY2020-Q3MaterialisedAnnual report
「Losses from disasters 5,301」
The Company recorded ¥5.301 million in losses from natural disasters as extraordinary losses for the nine-month period ended the third quarter. - FY2020-Q2MaterialisedAnnual report
「Natural disasters, including typhoons, also had a major impact on agricultural products and daily life.」
The Company describes the impact of natural disasters on agricultural crops and continues to confirm the occurrence of natural disaster risks. - FY2019MaterialisedAnnual report
「During the fiscal year, natural disasters, including torrential rain, extreme heat and earthquakes, occurred one after another and caused damage in various regions. In the food industry, they affected some production and sales activities through difficulties in procuring raw materials, disruptions to distribution networks and damage to factory equipment.」
Natural disasters actually affected raw material procurement, distribution, and production and sales activities, and the Company also recorded ¥5.319 million in losses from disasters. - FY2019-Q3MaterialisedAnnual report
「Losses from disasters - 5,319」
The Company recorded ¥5.319 million as losses from disasters under extraordinary losses in the nine-month quarterly consolidated income statement. - FY2019-Q2MaterialisedAnnual report
「Natural disasters, including torrential rain, extreme heat and typhoons, occurred frequently and caused damage in various regions. In the food industry, production and sales activities were also affected by impacts on agricultural crops, disruptions to distribution networks and damage to factory equipment.」
The Company explains that natural disasters, including torrential rain, extreme heat and typhoons, actually affected agricultural crops, distribution networks, and production and sales activities. - FY2018RestatedAnnual report
「Because water is used in food manufacturing processes, if a water-related problem arises that could affect human health, the Group may have to suspend food manufacturing operations.」
The Company continues to describe the risk of factory and infrastructure shutdowns caused by natural disasters or water quality problems. - FY2017RestatedAnnual report
「If a major earthquake or other natural disaster occurs and damages production facilities or infrastructure networks, this may affect the Group's operating results and financial condition.」
The Company continues to indicate the possibility of operational disruptions caused by damage to factories and infrastructure from natural disasters or water-related issues. - FY2016First statedAnnual report
「If a major earthquake or other natural disaster occurs and damages production facilities or infrastructure networks, this may affect the Group's operating results and financial condition.」
Disruptions to or damage affecting infrastructure, including factories, servers and production water supplies, are identified as business continuity risks.