Property damage from natural disasters, accidents and other events
First written in FY2022. 1 of 3 entries say "Worsened", first in FY2024. Latest entry: FY2025.
The whole theme swung hardest in 2018: 4 of 19 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「<Measures> We minimize the risk of damage through comprehensive property insurance coverage and geographic diversification.」
The company continues to describe the risk of property damage from natural disasters, including the trend toward increasingly severe damage, while explicitly identifying insurance coverage and geographic diversification as countermeasures. - FY2024WorsenedAnnual report
「In recent years, weather-related disasters such as wind and flood damage, believed to be attributable to global warming, and major earthquakes exceeding seismic intensity 5 have occurred in various parts of Japan, and damage from natural disasters has tended to become more severe.」
The company newly states that damage from natural disasters has tended to become more severe, against the backdrop of weather-related disasters believed to be attributable to global warming and major earthquakes. - FY2022First statedAnnual report
「Natural disasters such as earthquakes, wind and flood damage, and human-caused events such as accidents, fires, war, riots and terrorism could damage, destroy or deteriorate properties under management and properties owned by the company.」
The company identifies declines in management and rental income and remediation costs resulting from property damage or destruction as risks.