Damage to Store Operations Caused by Natural Disasters such as Earthquakes
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2020-Q3.
Horiifoodservice moved to the "Worse" side of this theme in 2020.
1 other company's latest entry also says "Materialised".
- FY2020-Q3MaterialisedAnnual report
「However, the impact on operations from typhoon damage that occurred frequently in autumn (September and October) was extremely significant and was not sufficient to offset the lost revenue from stores closed during the previous fiscal year and the year-to-date period of the current quarter.」
The natural-disaster risk previously described is stated to have materialised as a significant impact on operations and lost revenue from typhoon damage in autumn. - FY2019RestatedAnnual report
「A major earthquake directly beneath the Tokyo metropolitan area is also expected, and these natural disasters could make it difficult or impossible for our stores to operate, which could affect our business performance.」
The risk that earthquakes and other natural disasters could suspend store operations and affect business performance has been reiterated. - FY2017RestatedAnnual report
「A major earthquake directly beneath the Tokyo metropolitan area is also expected, and these natural disasters could make it difficult or impossible for our stores to operate, which could affect our business performance.」
The risk of damage to store operations from earthquakes directly beneath the Tokyo metropolitan area and other events continues. - FY2017-Q1RestatedAnnual report
「Following an earthquake that caused extensive damage, particularly in Kumamoto, growing concern about future large-scale natural disasters has heightened consumers' focus on protecting their livelihoods, and the recovery in personal consumption has stalled.」
Concern about large-scale natural disasters prompted by the Kumamoto earthquake and the impact on personal consumption are described, reiterating the recognition of natural-disaster risks. - FY2016First statedAnnual report
「A major earthquake directly beneath the Tokyo metropolitan area is also expected, and these natural disasters could make it difficult or impossible for our stores to operate, which could affect our business performance.」
The disclosure indicates that earthquakes and other events affecting the location of the head office and areas where stores operate could lead to business suspensions and affect performance.