Business Continuity Risk from Concentration of Head Office Functions
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 3 of 11 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Group's principal business is the sale of products throughout Japan, while the head-office functions supporting that business are concentrated in Nagoya, Aichi Prefecture, where Alpen Co.,Ltd.'s head office is located.」
The Company continues to disclose the business continuity risks arising from the concentration of head-office functions in Nagoya, including risks from natural disasters, fires, power outages and communications failures. - FY2023RestatedAnnual report
「The Group's principal business is the sale of products throughout Japan, while the head-office functions supporting that business are concentrated in Nagoya, Aichi Prefecture, where Alpen Co.,Ltd.'s head office is located.」
The Company continues to disclose the business continuity risks arising from the concentration of head-office functions in Nagoya, including risks from natural disasters, fires, power outages and communications failures. - FY2022First statedAnnual report
「The Group's principal business is the sale of products throughout Japan, while the head-office functions supporting that business are concentrated in Nagoya, Aichi Prefecture, where Alpen Co.,Ltd.'s head office is located. If a major earthquake, typhoon or other natural disaster, or a fire, power outage or communications network failure causes damage to head-office facilities and suspends head-office functions, the Group's business performance may be affected.」
The concentration in Nagoya of head-office functions supporting nationwide sales was newly identified as a business continuity risk in the event of natural disasters, fires, power outages or communications failures.