Disaster risk from concentrating functions at headquarters and distribution centers
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2020: 21 of 74 companies on the "Worse" side.
51 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The Company's head office logistics center houses its head-office functions, order processing and purchasing functions, and logistics functions. Accordingly, if a natural disaster such as a major earthquake were to occur and severely affect information processing, product shipping and other operations, it could affect the Company's operating results and financial condition.」
The disaster risk arising from the concentration of functions at the head office logistics center is reiterated. - FY2020RestatedAnnual report
「The Company's head office and distribution center houses its head-office functions, order processing and purchasing functions, and logistics functions. Accordingly, if a natural disaster such as a major earthquake were to occur and severely affect information processing, product shipping and other operations, it could affect the Company's operating results and financial condition.」
The disaster risk arising from the concentration of functions at the head office and distribution center is reiterated. - FY2017RestatedAnnual report
「The Company's head office and distribution center houses its head-office functions, order processing and purchasing functions, and logistics functions. Accordingly, if a natural disaster such as a major earthquake were to occur and severely affect information processing, product shipping and other operations, it could affect the Company's operating results and financial condition.」
The risk of business interruption during a disaster caused by the concentration of functions at the head office and distribution center is reiterated. - FY2016First statedAnnual report
「The Company's head office and distribution center houses its head-office functions, order processing and purchasing functions, and logistics functions. Accordingly, if a natural disaster such as a major earthquake were to occur and severely affect information processing, product shipping and other operations, it could affect the Company's operating results and financial condition.」
The concentration of head-office, order processing and purchasing, and logistics functions at the head office and distribution center creates a risk of business interruption caused by a major disaster.