Supply Chain Disruptions Caused by Natural Disasters and Accidents and the Limitations of BCPs
First written in FY2016. 5 of 11 entries say "Restated". Latest entry: FY2025.
Ochi Holdings 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 2020: 67 of 112 companies on the "Worse" side.
103 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If the Group's offices, factories or other facilities are affected by natural disasters such as earthquakes, storms and floods, or if a large-scale infectious disease outbreak occurs, the Group's business activities may be disrupted.」
The risks of facility damage from natural disasters and infectious diseases, manufacturers suspending operations and supply chain disruptions, and the recognition that these cannot be completely avoided even with a BCP, remain. - FY2025-H1MaterialisedAnnual report
「The interim consolidated accounting period produced a difficult result due to the decline in new housing starts, sluggish demand for plywood, one of our core products, and lower selling prices, prolonged summer rains mainly in western Japan, delays in construction and logistics caused by typhoons, and higher selling, general and administrative expenses resulting from soaring prices, among other factors.」
Delays in construction and logistics actually occurred due to prolonged rain and typhoons, making the impact of natural disasters on supply and business operations apparent. - FY2024ReframedAnnual report
「If the Group's offices, factories or other facilities are affected by natural disasters such as earthquakes, storms and floods, or if a large-scale infectious disease outbreak occurs, the Group's business activities may be disrupted.」
In addition to the existing risks of natural disasters and supply chain disruptions, large-scale infectious disease outbreaks and shutdowns at building materials manufacturers were explicitly identified, broadening the scope of the risk assessment. - FY2019-Q3MaterialisedAnnual report
「Although sales declined from July to September 2018 due to natural disasters including torrential rain and major typhoons, a rebound increase was seen from October onward, and the business environment was reasonably favorable toward year-end.」
Natural disasters including torrential rain and major typhoons actually caused sales in the building materials business to decline. - FY2019-Q2MaterialisedAnnual report
「From July to September, construction progress and logistics were delayed due to natural disasters including torrential rain and a succession of major typhoons, resulting in a business environment that was not necessarily favorable.」
Torrential rain and major typhoons actually caused delays in construction progress and logistics. In addition, a large-scale power outage caused by the Hokkaido Eastern Iburi earthquake disrupted procurement and sales in the environmental amenities business for several days. - FY2018RestatedAnnual report
「Although we have taken measures such as formulating a business continuity plan (BCP), these measures cannot completely prevent damage caused by natural disasters and may materially affect the Group's financial position and operating results.」
The risks of natural disasters, damage to manufacturers and supply chain disruptions, and the recognition that these cannot be completely avoided even with a BCP, remain. - FY2017RestatedAnnual report
「Although we have taken measures such as formulating a business continuity plan (BCP), these measures cannot completely prevent damage caused by natural disasters and may materially affect the Group's financial position and operating results.」
The risks of natural disasters, damage to manufacturers and supply chain disruptions, and the recognition that these cannot be completely avoided even with a BCP, remain. - FY2017-Q3RestatedAnnual report
「In the Kumamoto area, which suffered extensive damage from the major earthquake in April 2016, the Group had 7 locations but did not suffer any damage or other effects that materially affected its performance, and focused on supporting reconstruction, including the smooth supply of materials.」
Even after the Kumamoto earthquake, the 7 facilities suffered no damage that materially affected operating performance, and the Group continued supplying materials and supporting reconstruction. - FY2017-Q2RestatedAnnual report
「In the Kumamoto area, which suffered extensive damage from the major earthquake in April 2016, the Group had 7 facilities. However, it suffered no damage or other effects that materially affected operating performance and focused on supporting reconstruction, including the smooth supply of materials.」
The impact of the Kumamoto earthquake on the 7 facilities in the Kumamoto area was reaffirmed as not having materially affected operating performance, while reconstruction support continued. - FY2017-Q1MaterialisedAnnual report
「In the Kumamoto area, which suffered extensive damage from the major earthquake in April 2016, the Group had 7 locations but did not suffer any damage or other effects that materially affected its performance, and focused on supporting reconstruction, including the smooth supply of materials.」
The Kumamoto earthquake occurred as a natural disaster, and a separate disaster-related loss of ¥15 million was recognized. At the same time, the disclosure states that the Group's facilities in the Kumamoto area did not suffer damage that materially affected operating performance. - FY2016First statedAnnual report
「Although we have taken measures such as formulating a business continuity plan (BCP), these measures cannot completely prevent damage caused by natural disasters and may materially affect the Group's financial position and operating results.」
Although measures such as a BCP have been implemented, the Group states that natural disasters, damage to manufacturers and supply chain disruptions cannot be completely avoided.