Impact of natural disasters on production and sales
First written in FY2019. 3 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 29 of 56 companies on the "Worse" side.
39 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Company has established a framework to mitigate this risk through production adjustments and alternative production among its own factories.」
The risks of production and order impacts from natural disasters and infectious diseases continue to be identified. Production adjustments and alternative production among the Company's own factories, as well as consideration of expansion outside Asia, are listed as countermeasures. - FY2022WorsenedAnnual report
「Natural disasters such as earthquakes, wind and flood damage, and events such as war could directly or indirectly affect the Group, including by causing damage to its buildings, offices, facilities, employees and their families, and business partners.」
In addition to natural disaster risks, events such as war are expressly identified, expanding the range of anticipated external shocks. - FY2020RestatedAnnual report
「As the economy declined due to repeated natural disasters and the consumption tax increase, among other factors, it deteriorated sharply as a result of the spread of COVID-19.」
Downside risks from natural disasters to the economy and consumer sentiment continue to be described, while the spread of COVID-19 is also identified as an additional factor driving deterioration. - FY2020-Q3RestatedAnnual report
「In Japan, the economy was on a moderate recovery trend as the income environment improved, but successive natural disasters, the impact of the consumption tax increase and the widening US-China trade friction are among the concerns as downside risks to the economy.」
Successive natural disasters continue to be described as one of the factors contributing to downside risks for the domestic economy. - FY2020-Q2MaterialisedAnnual report
「The decline in consumer sentiment caused by natural disasters such as typhoons and torrential rains, as well as unseasonable weather, was also a negative factor, and the overall environment remains difficult.」
The decline in consumer sentiment caused by natural disasters such as typhoons and torrential rains, and by unseasonable weather, is described as a negative factor in the business environment during the cumulative period under review. - FY2019MaterialisedAnnual report
「Although the economy was generally in a difficult environment, the occurrence of natural disasters such as earthquakes and torrential rains lowered consumer sentiment, while the warm winter weakened demand for seasonal products.」
The full-year results state that natural disasters contributed to the decline in consumer sentiment, marking the first extraction in which the business impact of natural disasters actually occurred.