Natural Disaster and Accident Risk from Domestic Concentration
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2024.
2 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Because our production and sales bases are concentrated primarily in Japan, natural disasters such as major earthquakes, tsunamis, typhoons and floods, or unforeseen accidents in Japan could cause physical damage to stores and other facilities. In addition, if natural disasters, accidents, infectious diseases or other events disrupt our sales, logistics or procurement activities, or cause human harm, normal business activities could become difficult, potentially affecting our financial condition and operating results.」
The risks of natural disasters, accidents and infectious diseases associated with concentration in Japan, and their potential impact on sales, logistics, procurement activities and human safety, are reiterated. - FY2022RestatedAnnual report
「If the occurrence, spread or prolonged duration of infectious diseases, including COVID-19, results in store closures, consumers refraining from going out, declining demand, or the suspension of production and logistics activities by suppliers, this could affect our group's financial condition and operating results.」
The risks of natural disasters and accidents due to the concentration of production and sales bases in Japan, as well as store closures, declining demand, and suspended production and logistics due to infectious diseases, are reiterated. - FY2021WorsenedAnnual report
「If the occurrence, spread or prolonged duration of infectious diseases, including COVID-19, results in store closures, consumers refraining from going out, declining demand, or the suspension of production and logistics activities by suppliers, this could affect our group's financial condition and operating results.」
In addition to the risks of natural disasters and accidents associated with concentration in Japan, the disclosure explicitly addresses the impact of infectious diseases occurring, spreading and continuing for an extended period, including store closures, declining demand, and suspended production and logistics. - FY2019First statedAnnual report
「Because our group's production and sales bases are concentrated in Japan, natural disasters such as major earthquakes, tsunamis, typhoons and floods, or unforeseen accidents in Japan could cause physical damage to stores and other facilities.」
The disclosure addresses the potential impact of natural disasters and accidents on stores, logistics, procurement and sales activities, given the concentration of production and sales bases in Japan.