Business interruptions caused by natural disasters, accidents and fires
First written in FY2016. 3 of 6 entries say "Mitigated", first in FY2021. Latest entry: FY2025.
Joyful Honda moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 67 of 113 companies on the "Worse" side.
24 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「In the event of a disaster, provided that the safety of customers and employees can be secured, we will continue operations to the extent possible and strive to help restore local infrastructure and other services.」
In response to business interruption caused by natural disasters and accidents, the company has established a policy of continuing operations subject to the safety of customers and employees, along with BCP measures, a disaster response headquarters, and financing facilities. - FY2022MitigatedAnnual report
「In addition, to manage funds in response to the impact of major natural disasters and the prolonged spread of COVID-19, we maintain a financing facility, including an overdraft facility, with our financial institutions for use as BCP funding.」
To address business interruption and funding risks arising from natural disasters and infectious diseases, the company maintains a financing facility for BCP purposes. - FY2021MitigatedAnnual report
「In addition, to manage funds in response to the impact of major natural disasters and the prolonged spread of COVID-19, we established and increased a financing facility, including an overdraft facility, with our financial institutions for use as BCP funding.」
To address business interruption and funding risks arising from natural disasters and the spread of infectious diseases, the company established and increased a financing facility for BCP funding. - FY2020-Q2MaterialisedAnnual report
「Power outages caused by Typhoon No. 15 resulted in partial operations for 3 days at 2 stores. In addition, as Typhoon No. 19 approached, all stores were closed on 12 October.」
Regarding business interruption caused by natural disasters, Typhoon No. 15 resulted in partial operations for 3 days at 2 stores, while all stores were closed on 12 October as Typhoon No. 19 approached. - FY2020-Q1MaterialisedAnnual report
「The impact of Typhoon No. 15 in September resulted in partial operations for 3 days at 2 stores, but the Housing sector grew substantially as the company responded flexibly to reconstruction demand.」
Typhoon No. 15 resulted in partial operations for 3 days at 2 stores, demonstrating that business interruption caused by a natural disaster had actually occurred. - FY2016First statedAnnual report
「If an unforeseen event such as a major earthquake, typhoon, accident, or fire causes a serious disruption to business operations, it could affect the operating results and financial condition of the Group.」
This is described as a business continuity risk associated with operating store-based businesses and holding substantial fixed assets.