Unforeseen Events Such as Natural Disasters and Accidents
First written in FY2016. 5 of 11 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2026.
Rengo moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2018: 32 of 132 companies on the "Worse" side.
89 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In response, the Group is working to establish a system that enables it to fulfill its supply obligations by supplying products from its manufacturing sites nationwide if business activities are interrupted at a particular facility.」
The Group continues to establish a system for alternative supply from manufacturing sites nationwide in response to business interruptions caused by natural disasters or epidemics. - FY2025MitigatedAnnual report
「In response, the Group is working to establish a system that enables it to fulfill its supply obligations by supplying products from its manufacturing sites nationwide if business activities are interrupted at a particular facility.」
As a response to business interruptions caused by natural disasters or epidemics, the Group explicitly described establishing a system for alternative supply from manufacturing sites nationwide. - FY2023MaterialisedAnnual report
「Losses from disaster ¥582 million」
Losses related to natural disasters and accidents of ¥582 million were recognized during the consolidated fiscal year under review. - FY2022-Q3MaterialisedAnnual report
「Heavy rains in central Peninsular Malaysia from 17 to 18 December 2021 caused flooding at the main plant of Rengo Packaging Malaysia (December year-end), the Company's consolidated subsidiary, in the Shah Alam district of Selangor, Malaysia.」
Natural-disaster risk materialized as flooding at the Malaysian subsidiary's plant. The amount of the loss is under investigation, but the carrying amount of the flooded assets was approximately ¥1,430 million, and the amount of insurance coverage has not been determined. - FY2020WorsenedAnnual report
「If the Group's manufacturing sites and other facilities suffer extensive damage from a major earthquake, typhoon, or other natural disaster, the interruption of business activities and other consequences could affect the Group's operating results, financial condition, and other aspects of its business. Similarly, if the Group is forced to suspend or otherwise interrupt its business activities due to the spread of a major infectious disease, this could affect the Group's operating results, financial condition, and other aspects of its business.」
In addition to the existing natural-disaster risk, the disclosure explicitly identifies the risk of business interruption caused by a major infectious disease, expanding the scope of the risks covered. - FY2019MaterialisedAnnual report
「Losses from disaster ¥403 million」
Risks from natural disasters and accidents materialized as ¥403 million in extraordinary losses during the period. - FY2019-Q3MaterialisedAnnual report
「Losses from disaster ¥295 million」
Risks from natural disasters and accidents materialized as ¥295 million in extraordinary losses during the nine months ended the third quarter under review. - FY2019-Q2MaterialisedAnnual report
「Losses from natural disasters」
Losses from a disaster of ¥190 million were recognized as an extraordinary loss during the six months ended the second quarter under review, showing that risks from natural disasters and accidents had materialized as losses. - FY2018RestatedAnnual report
「If the Group's manufacturing sites and other facilities suffer extensive damage from a major earthquake, typhoon, or other natural disaster, the interruption of business activities and other consequences could affect the Group's operating results, financial condition, and other aspects of its business.」
The disclosure continues to describe natural-disaster risks that could damage manufacturing sites or interrupt business activities. - FY2017RestatedAnnual report
「If the Group's manufacturing sites and other facilities suffer extensive damage from a major earthquake, typhoon, or other natural disaster, the interruption of business activities and other consequences could affect the Group's operating results, financial condition, and other aspects of its business.」
The disclosure specifically describes earthquake and typhoon risks and the resulting interruption of business activities. - FY2016First statedAnnual report
「In addition to the matters described above, the Group may be exposed to risks arising from unforeseen events such as natural disasters and accidents. Depending on their nature, these events could affect the Group's operating results, financial condition, and other aspects of its business.」
The disclosure describes general business-continuity risks such as natural disasters and accidents without identifying specific events.