Risk of Facility Shutdown Due to Natural Disasters, Fire or Terrorism
First written in FY2016. 4 of 12 entries say "Restated". Latest entry: FY2023.
Thermae-Yu Holdings moved to the "Worse" side of this theme in 2020.
1 other company's latest entry also says "Restated".
- FY2023RestatedAnnual report
「However, if buildings are damaged by natural disasters such as earthquakes, fires or illegal acts such as terrorism, the Group's operating results and financial position may be affected.」
The company continues to disclose the possibility of damage to rental buildings caused by natural disasters, fires, terrorism and other events. - FY2022-Q2MaterialisedAnnual report
「Following the third declaration of a state of emergency in response to the spread of COVID-19, the company implemented temporary closures for a total of 43 days, comprising 37 days from 25 April to 31 May 2021 and 6 days in June.」
The risk of facility closures due to infectious diseases continued to materialize, resulting in temporary closures totaling 43 days at hot-spring bathing facilities. - FY2022-Q1MaterialisedAnnual report
「Following the third declaration of a state of emergency in response to the spread of COVID-19, the company implemented temporary closures for a total of 43 days, comprising 37 days from 25 April to 31 May 2021 and 6 days in June.」
The risk of facility closures due to infectious diseases continued to materialize, resulting in temporary closures totaling 43 days at hot-spring bathing facilities. - FY2021ReframedAnnual report
「If an infectious disease occurs or spreads, the business activities of tenants in the Group's real estate business may be restricted, potentially reducing rental income, and the occupancy rates of rental properties may also be affected as new lifestyles are promoted. In addition, in the Group's hot-spring bathing business, temporary suspension of operations and restrictions on consumer behavior are expected, which may affect the Group's operating results and financial position.」
In addition to the conventional risk of building damage, the company specifies the effects of infectious diseases on tenants' business activities, rental property occupancy rates and the continuation of operations in the hot-spring bathing business, thereby expanding the scope of the risks covered. - FY2021-Q3MaterialisedAnnual report
「Following the declaration of a state of emergency in April in response to the spread of COVID-19, the company implemented temporary closures totaling 56 days.」
The risk of facility closures due to the spread of infectious diseases continued to materialize, resulting in temporary closures totaling 56 days at hot-spring bathing facilities. - FY2021-Q1MaterialisedAnnual report
「Following the spread of COVID-19, we temporarily closed the hot-bath facilities for a total of 56 days, on 4 April, 5 April and from 8 April through 31 May, around the time the state of emergency was declared.」
In connection with the existing facility shutdown risk, the spread of an infectious disease actually resulted in the temporary closure of the hot-bath facilities. - FY2020ReframedAnnual report
「Our group's real estate business generates tenant income from rental buildings, and regular inspections and other maintenance measures are carried out. However, if buildings are damaged by natural disasters such as earthquakes, fires or unlawful acts such as terrorism, our group's operating results and financial condition could be affected. In our group's hot-bath business, the occurrence or spread of an infectious disease could temporarily suspend business activities or restrict consumer behavior, which could affect our group's operating results and financial condition.」
The risk of facility damage from natural disasters, fires and terrorism was supplemented by the risk of infectious diseases occurring and spreading in the hot-bath business. - FY2019RestatedAnnual report
「Our group's real estate business generates tenant income from rental buildings, and regular inspections and other maintenance measures are carried out. However, if buildings are damaged by natural disasters such as earthquakes, fires or unlawful acts such as terrorism, our group's operating results and financial condition could be affected.」
The risk of damage to rental buildings from natural disasters, fires or terrorism has been restated on the assumption that regular inspections and other maintenance measures are carried out. - FY2018RestatedAnnual report
「Our group's real estate business generates tenant income from rental buildings, and regular inspections and other maintenance measures are carried out. However, if buildings are damaged by natural disasters such as earthquakes, fires or unlawful acts such as terrorism, our group's operating results and financial condition could be affected.」
The potential for rental buildings to be damaged by natural disasters, fires or terrorism has been restated within the same scope, with maintenance measures in place. - FY2018-Q3RestatedAnnual report
「Our group's real estate business generates tenant income from rental buildings, and regular inspections and other maintenance measures are carried out at these facilities. However, if buildings are damaged by natural disasters such as earthquakes, fires or unlawful acts such as terrorism, our group's operating results and financial condition could be affected.」
For rental buildings in the real estate business, the potential impact of natural disasters, fires and terrorism has been restated within the same scope, on the assumption that regular inspections and other maintenance measures are carried out. - FY2018-Q2SoftenedAnnual report
「Our group's real estate business generates tenant income from rental buildings, and regular inspections and other maintenance measures are carried out at these facilities. However, if buildings are damaged by natural disasters such as earthquakes, fires or unlawful acts such as terrorism, our group's operating results and financial condition could be affected.」
The risks of natural disasters, fires and terrorism continue to be described for rental buildings in the real estate business, while references to cosmetics manufacturing equipment have been removed. - FY2016First statedAnnual report
「If buildings or manufacturing equipment are damaged by natural disasters such as earthquakes, fires or unlawful acts such as terrorism, our group's operating results and financial condition could be affected.」
The potential impact of disasters and unlawful acts on facilities, including cosmetics factories and rental buildings, is described.