Disaster Risk at Production and Logistics Facilities
First written in FY2016. 21 of 31 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
Daio Paper moved to the "Worse" side of this theme in 2016, 4 years before the typical company in this theme (2020).
The whole theme swung hardest in 2018: 32 of 131 companies on the "Worse" side.
35 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Of the ¥6,393 million in insurance proceeds received during the six-month interim consolidated accounting period, ¥6,334 million relates to the insurance claim for the boiler damage accident that occurred at いわき大王製紙株式会社 on 6 September 2022. The ¥4,368 million reduction in the carrying amount of property, plant and equipment was deducted directly from the acquisition cost of replacement assets upon recognition of the insurance proceeds.」
Insurance proceeds were received and replacement assets were provided in connection with the previous boiler accident, advancing the response to the disaster's financial impact. - FY2026-H1MitigatedAnnual report
「Of the ¥6,393 million in insurance proceeds received during the six-month interim consolidated accounting period, ¥6,334 million relates to the insurance claim for the boiler damage accident that occurred at いわき大王製紙株式会社 on 6 September 2022. The ¥4,368 million reduction in the carrying amount of property, plant and equipment was deducted directly from the acquisition cost of replacement assets upon recognition of the insurance proceeds.」
The Company received ¥6,334 million in insurance proceeds for the boiler damage accident in 2022 and recognized a ¥4,368 million reduction in the carrying amount of property, plant and equipment associated with the acquisition of replacement assets. Insurance proceeds and replacement assets are being used to address the accident's financial impact. - FY2025MitigatedAnnual report
「Disaster-related losses totaled ¥221 million. In this context, the Group is working to establish and improve the effectiveness of group-wide BCM (business continuity management) to minimize damage when disasters occur and enable the early resumption of operations.」
Disaster-related losses declined from ¥770 million in the previous fiscal year to ¥221 million. Disaster risks remain, but the Group is continuing to establish and improve the effectiveness of group-wide BCM. - FY2024MitigatedAnnual report
「In this context, the Group is working to establish and improve the effectiveness of group-wide BCM (business continuity management) to minimize damage when disasters occur and enable the early resumption of operations.」
Disaster-related losses declined from ¥2,833 million in the previous fiscal year to ¥770 million. The risk continues to materialize, but the Group is continuing to establish and improve the effectiveness of group-wide BCM as a countermeasure. - FY2024-Q3MaterialisedAnnual report
「Disaster-related losses 2,103 545」
The Company recorded ¥545 million in disaster-related losses during the first nine months of the fiscal year, indicating that disaster risks related to production and logistics sites continue to materialize. This was down from ¥2,103 million in the same period of the previous year. - FY2024-Q2MaterialisedAnnual report
「Disaster-related losses 1,921 435」
The Company recorded ¥435 million in disaster-related losses during the first six months of the fiscal year, indicating that disaster risks related to production and logistics sites continue to materialize. This was down from ¥1,921 million in the same period of the previous year. - FY2024-Q1MaterialisedAnnual report
「Disaster-related losses 162 84」
The Company recorded ¥84 million in disaster-related losses during the first three months of the fiscal year, indicating that disaster risks related to production and logistics sites continue to materialize. - FY2023-Q3WorsenedAnnual report
「The amount includes ¥727 million in restoration costs for assets and equipment damaged in the fire at the Company's Mishima Mill in May 2022, and ¥1,106 million in related costs associated with the damage caused by an accident involving boiler equipment at a consolidated subsidiary of the Company in September 2022.」
Costs associated with the fire at the Mishima Mill and the accident involving boiler equipment at a consolidated subsidiary were recognized, bringing disaster-related losses to ¥2,103 million for the first nine months. Removal costs related to the boiler equipment accident remain difficult to estimate reasonably. - FY2023-Q2WorsenedAnnual report
「The amount includes ¥719 million in restoration costs for assets and equipment damaged in the fire at the Company's Mishima Mill in May 2022, and ¥1,106 million in related costs associated with the damage caused by an accident involving boiler equipment at a consolidated subsidiary of the Company in September 2022.」
A fire at the Mishima Mill and an accident involving boiler equipment at a consolidated subsidiary occurred, bringing disaster-related losses to ¥1,921 million for the first six months. Removal costs related to the boiler equipment accident were not recognized because they could not be reasonably estimated. - FY2023-Q1WorsenedAnnual report
「Disaster-related losses 162」
The Company recorded ¥162 million in disaster-related losses during the first three months of the fiscal year, up from ¥36 million in the same period of the previous year, indicating that disaster risks at its sites continue to materialize. - FY2022MitigatedAnnual report
「Disaster-related losses 350 In this context, the Group is working to establish and improve the effectiveness of group-wide BCM (business continuity management) to minimize damage when disasters occur and enable the early resumption of operations.」
The Company recorded ¥350 million in disaster-related losses for the year, meaning the risk materialized, while identifying the establishment and improved effectiveness of group-wide BCM as countermeasures. - FY2022-Q2MaterialisedAnnual report
「Disaster-related losses 122 100」
During the first six months of the fiscal year, the Company recorded ¥100 million in disaster-related losses, indicating that disaster risks at production and logistics sites continue to materialize. - FY2021MaterialisedAnnual report
「Disaster loss 373」
During the fiscal year, the Company recorded ¥373 million in disaster-related losses, indicating that disaster risks at production and logistics sites have materialized on a full-year basis. - FY2021-Q3MaterialisedAnnual report
「Disaster loss 384 297」
The company recorded a disaster loss of ¥297 million in the cumulative third quarter of the current fiscal year, and disaster risk affecting production and logistics facilities continues to occur. - FY2021-Q1MaterialisedAnnual report
「Disaster loss 82」
The company recorded a disaster loss of ¥82 million in the cumulative first quarter of the current fiscal year, and disaster risk affecting production and logistics facilities continues to occur. - FY2020MaterialisedAnnual report
「Disaster loss 463」
Natural disasters and other events were cited as factors behind weak demand for paperboard and corrugated packaging, and the company recorded a disaster loss of ¥463 million in the current fiscal year. - FY2020-Q3MaterialisedAnnual report
「Domestic demand for paperboard and corrugated packaging remained sluggish due to lower export demand, including demand for industrial products, resulting from US-China trade friction, weak demand following the consumption tax increase and the effects of natural disasters. Sales volume was consequently below the same quarter of the previous year.」
Natural disasters actually emerged as a factor behind weak domestic demand for paperboard and corrugated packaging. The company also recorded a disaster loss of ¥385 million. - FY2020-Q2MaterialisedAnnual report
「Disaster loss 504 304」
The company recorded a disaster loss of ¥304 million in the cumulative second quarter of the current fiscal year. Although this was down from ¥504 million in the same period of the previous year, disaster risk affecting production and logistics facilities continues to occur. - FY2020-Q1MaterialisedAnnual report
「Disaster loss 117」
The company recorded a disaster loss of ¥117 million in the cumulative first quarter of the current fiscal year, and disaster risk affecting production and logistics facilities continues to occur. - FY2019MaterialisedAnnual report
「Although segment profit was affected by surging prices for raw materials and fuel, including chips, coal and chemicals, and reduced production following the fire at the Mishima Plant, it exceeded that of the previous year owing to price revisions for containerboard, corrugated products and printing paper, as well as cost reductions including fixed-cost reductions.」
The January 2019 fire at the Mishima Plant caused a production cut and led to a disaster loss of ¥998 million. Disaster risk at the facility has had an actual impact on operations and performance. - FY2019-Q3WorsenedAnnual report
「In addition, a fire occurred at the company's main Mishima Plant in January 2019, forcing the suspension of some production equipment. As a result, the consolidated earnings forecast for the fiscal year ending March 2019, announced on 11 May 2018, is expected to be below the previous forecast. Disaster loss 608」
A fire at the Mishima Plant led to reduced production and a shortfall against the earnings forecast. Disaster losses reached ¥608 million for the cumulative third quarter, increasing from the amount disclosed through the previous quarter. - FY2019-Q2MaterialisedAnnual report
「Disaster loss 504」
The company recorded a disaster loss of ¥504 million in the cumulative second quarter of the current fiscal year, reflecting the actual impact of typhoons, earthquakes and other events. - FY2019-Q1MaterialisedAnnual report
「Disaster loss 32」
The company recorded a disaster loss of ¥32 million in the cumulative first quarter of the current fiscal year, documenting the continued occurrence of disaster risk affecting production and logistics facilities. - FY2018MaterialisedAnnual report
「Disaster loss 177」
The company recorded a disaster loss of ¥177 million in the current fiscal year. - FY2018-Q3MaterialisedAnnual report
「Disaster loss ¥76 million」
The company recorded a disaster loss of ¥76 million in the cumulative third quarter of the current fiscal year, documenting an actual occurrence of disaster risk affecting production and logistics facilities. - FY2018-Q2MaterialisedAnnual report
「Disaster loss 36」
The company recorded a disaster loss of ¥36 million in the cumulative second quarter of the current fiscal year, documenting an actual occurrence of disaster risk affecting production and logistics facilities. - FY2017MaterialisedAnnual report
「Disaster loss 229」
The company recorded a disaster loss of ¥229 million in the current fiscal year, documenting an actual occurrence of disaster risk affecting production and logistics facilities. - FY2017-Q3MaterialisedAnnual report
「Although demand for produce declined due to unfavorable weather, growth in mail-order and processed food applications, among other areas, kept sales volumes of paperboard and corrugated packaging at the same level as in the same quarter of the previous year. Sales, however, fell below the same quarter of the previous year due to changes in customers and product mix.」
Lower demand for produce due to unfavorable weather affected sales of paperboard and corrugated packaging. - FY2017-Q2MaterialisedAnnual report
「Sales volumes and sales of paperboard and corrugated packaging fell below the same quarter of the previous year due in part to lower demand for produce caused by unfavorable weather.」
Lower demand for produce due to unfavorable weather affected sales volumes and sales of paperboard and corrugated packaging. - FY2017-Q1MaterialisedAnnual report
「Sales volumes and sales of paperboard and corrugated packaging fell below the same quarter of the previous year due to the Kumamoto Earthquake in April 2016 and unfavorable weather, among other factors.」
The Kumamoto Earthquake and unfavorable weather affected sales volumes and sales of paperboard and corrugated packaging. The quarterly consolidated statement of income also recorded a disaster loss of ¥90 million. - FY2016First statedAnnual report
「If a disaster occurs in an area where the Group's production or logistics facilities are located, damage to production equipment, suspension or delays in operations, recovery costs, suspension of logistics functions and loss of products or merchandise could affect the Group's financial position and operating results.」
The company lists the channels through which disasters at facilities could affect the business, including production equipment, operations, logistics and loss of products.