Suspension of Business Activities Due to Natural Disasters
First written in FY2016. 4 of 12 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2025.
S E 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 2018: 34 of 133 companies on the "Worse" side.
34 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「The planned schedule for the Noto Earthquake reconstruction project was revised due to torrential rain on the Noto Peninsula in September, and product deliveries were carried over to the following fiscal year and beyond.」
Torrential rain on the Noto Peninsula actually affected business performance through the rescheduling of the reconstruction project and the carryover of product deliveries to the following fiscal year and beyond. - FY2022RestatedAnnual report
「The Group's manufacturing sites are distributed throughout Japan. However, its core cable products are manufactured exclusively at the Yamaguchi Factory. Given the frequent torrential rains in recent years and the potential for disasters such as a future Nankai Trough earthquake, damage to any factory could disrupt operations and adversely affect the Group's business performance and financial condition.」
The company continues to describe the risk of production stoppages caused by natural disasters and the concentration of manufacturing for its core cable products at the Yamaguchi Factory. It cites geographical diversification of sites and updates to its BCP as mitigation measures. - FY2021RestatedAnnual report
「The Group's manufacturing sites are distributed throughout Japan. However, its core cable products are manufactured exclusively at the Yamaguchi Factory. Given the frequent torrential rains in recent years and the potential for disasters such as a future Nankai Trough earthquake, damage to any factory could disrupt operations and adversely affect the Group's business performance and financial condition.」
The company continues to describe the risk of production stoppages caused by natural disasters and the concentration of manufacturing for its core cable products at the Yamaguchi Factory. - FY2020WorsenedAnnual report
「The Group's manufacturing sites are distributed throughout Japan. However, its core cable products are manufactured exclusively at the Yamaguchi Factory. Given the frequent torrential rains in recent years and the potential for disasters such as a future Nankai Trough earthquake, damage to any factory could disrupt operations and adversely affect the Group's business performance and financial condition.」
With regard to natural disaster risk, the company newly specifies that production of its core cable products is concentrated at the Yamaguchi Factory. - FY2020-Q3MaterialisedAnnual report
「However, in the cumulative third-quarter consolidated period, profit was significantly affected by two torrential rain disasters, and higher costs, including standby costs resulting from construction suspensions, led to higher revenue but lower profit.」
Two torrential rain disasters actually occurred, and their impact emerged in business performance through construction suspensions, higher costs including standby costs, and lower profit in the repair and reinforcement construction business. - FY2020-Q2MaterialisedAnnual report
「However, in the cumulative second-quarter consolidated period, the company was significantly affected by torrential rain disasters in the Kyushu region in August and September. Higher costs, including standby costs resulting from construction suspensions, compressed profit, resulting in higher revenue but lower profit.」
Torrential rain disasters in the Kyushu region actually occurred, and their impact emerged in business performance through the suspension of repair and reinforcement work, higher costs including standby costs, and lower profit. - FY2019RestatedAnnual report
「If the Group's factories and other business sites are hit by a major typhoon, earthquake or other natural disaster, operations may be disrupted, potentially affecting business performance.」
The company continues to describe the risk of production stoppages caused by damage to factories and business sites. - FY2018RestatedAnnual report
「If the Group's factories and other business sites are hit by a major typhoon, earthquake or other natural disaster, operations may be disrupted, potentially affecting business performance.」
The company continues to describe the risk of production stoppages caused by damage to factories and business sites. - FY2017MitigatedAnnual report
「In the consolidated fiscal year under review, delays in the progress of large-scale construction projects and delays in construction orders due to the Kumamoto Earthquake resulted in lower revenue and profit in the cumulative second-quarter period. However, construction orders recovered from the third quarter, and the company received orders for restoration work related to the Kumamoto Earthquake. Together with the impact of the second supplementary budget, these factors resulted in higher revenue and profit for the full fiscal year.」
Delays in orders caused by the Kumamoto Earthquake actually occurred, but business performance recovered for the full fiscal year due to the recovery in orders and new orders for restoration work, among other factors. - FY2017-Q3MitigatedAnnual report
「In this business, delays in the progress of large-scale construction projects and delays in construction orders due to the Kumamoto Earthquake resulted in lower revenue and profit in the cumulative second-quarter consolidated period. In the cumulative third-quarter consolidated period, however, revenue and profit increased due to securing an appropriate level of orders as construction orders recovered and an increase in orders for investigation and inspection work by the design division.」
Delays in construction orders caused by the Kumamoto Earthquake were factors behind lower revenue and profit through the previous quarter, but business performance recovered in the cumulative period under review as orders recovered and new orders increased. - FY2017-Q2MaterialisedAnnual report
「Delays in the progress of large-scale construction projects and delays in construction orders due to the Kumamoto Earthquake resulted in lower revenue and profit.」
The impact of the Kumamoto Earthquake actually emerged as delays in construction orders and was identified as a factor behind lower revenue and profit in the repair and reinforcement construction business. - FY2016First statedAnnual report
「If the Group's factories and other business sites are hit by a major typhoon, earthquake or other natural disaster, operations may be disrupted, potentially affecting business performance.」
The company describes the risk of production stoppages caused by damage to factories and business sites, and separately explains its recovery framework under its BCP.