Risk of business interruption due to natural disasters and infectious diseases
First written in FY2023. 1 of 3 entries say "Restated". Latest entry: FY2026.
Pickles Holdings moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 20 of 38 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「However, if business locations or nearby social infrastructure suffer severe damage from a major earthquake, typhoon or other natural disaster, or if an infectious disease spreads, procurement from suppliers may be delayed or suspended, production at the Group's plants may be delayed or suspended, and sales opportunities may be lost due to closures or changes in operating hours at customers' locations and changes in consumer behavior, which could affect the operating results and financial condition of the Group.」
The wording has changed from specific references to COVID-19 to wording describing the impact of infectious diseases generally on procurement, production and sales. - FY2024RestatedAnnual report
「However, if business locations or nearby social infrastructure suffer severe damage from a major earthquake, typhoon or other natural disaster, or if an infectious disease such as COVID-19 spreads, procurement from suppliers may be delayed or suspended, production at the Group's plants may be delayed or suspended, and sales opportunities may be lost due to closures or changes in operating hours at customers' locations and changes in consumer behavior, which could affect the operating results and financial condition of the Group.」
In addition to the impact of natural disasters and infectious diseases on procurement, production and sales, closures at customers' locations and changes in consumer behavior continue to be identified as risk factors. - FY2023First statedAnnual report
「The Group has business locations, including plants, throughout Japan and has formulated a business continuity plan (BCP) in preparation for emergencies. However, if business locations or nearby social infrastructure suffer severe damage from a major earthquake, typhoon or other natural disaster, or if an infectious disease such as COVID-19 spreads, procurement from suppliers may be delayed or suspended, production at the Group's plants may be delayed or suspended, and sales opportunities may be lost.」
Against the backdrop of nationwide locations and a BCP, risks of suspension or delays in procurement, production and sales due to earthquakes, typhoons and infectious diseases are disclosed.