Risk of disruption to manufacturing operations due to occupational accidents, fire or machinery breakdowns
First written in FY2021. 4 of 7 entries say "Materialised", first in FY2023. Latest entry: FY2024.
The whole theme swung hardest in 2026: 2 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「As part of its response to the fire at the company's pulp-mold Hachinohe Plant in March 2023, the company has installed sprinklers at all pulp-mold plants and conducts operational checks once a year during fire-prevention drills, along with other proactive fire-prevention activities.」
Following the Hachinohe Plant fire, sprinklers were installed at all pulp-moulded product plants and tested once a year, establishing specific measures to address fire risk. - FY2024-Q3MaterialisedAnnual report
「In addition, ¥172 million in insurance proceeds receivable in connection with the fire at the Company's Hachinohe Plant in March 2023 was recognised as an extraordinary gain.」
For the Hachinohe Plant fire, ¥172 million in insurance proceeds receivable was recognised as an extraordinary gain. Additional restoration costs of ¥71 million arising from the fire were also recognised as an extraordinary loss, indicating that measures to address the fire's impact are continuing. - FY2024-Q2MaterialisedAnnual report
「In addition, additional restoration costs arising from the fire at the Company's Hachinohe Plant on 6 March 2023 were recognised as an extraordinary loss. For restoration costs whose amounts had not been finalised, a provision for disaster-related losses was recognised based on the estimated amounts. Insurance proceeds receivable in connection with the fire were also recognised as an extraordinary gain.」
While additional restoration costs arising from the Hachinohe Plant fire and provisions for disaster-related losses for costs not yet finalised were recognised, insurance proceeds receivable in connection with the fire were also recognised as an extraordinary gain, indicating that measures to address the fire's impact are continuing. - FY2024-Q1MaterialisedAnnual report
「In addition, ¥68 million in extraordinary loss was recognised for additional restoration costs arising from the fire at the Company's Hachinohe Plant in March 2023. For restoration costs whose amounts had not been finalised, a provision for disaster-related losses was recognised based on the estimated amounts. The Company has insurance coverage for such damage, but as the insurance claim is still pending, no accounting treatment has been recorded.」
Additional restoration costs of ¥68 million arising from the Hachinohe Plant fire were recognised as an extraordinary loss, and a provision for disaster-related losses was recognised for costs that had not been finalised. The insurance claim is pending, and no accounting treatment was recorded in the current quarter. - FY2023MaterialisedAnnual report
「In addition, a fire occurred at the Company's Hachinohe Plant on 6 March 2023, and ¥159 million in damage was recognised as an extraordinary loss.」
The fire risk at a manufacturing facility materialised as a fire at the Hachinohe Plant, and ¥159 million in damage was recognised as an extraordinary loss. - FY2022MitigatedAnnual report
「The Group recognises that this risk could materialise at any time. As a measure to address it, the Group conducts safety inspections through its Central Safety and Health Committee and implements measures to prevent accidents before they occur.」
While recognising the risks of occupational accidents, fire, machinery breakdowns and other incidents, the Group identifies safety inspections by its Central Safety and Health Committee and preventive measures as specific countermeasures. - FY2021First statedAnnual report
「The Group's manufacturing facilities are exposed to the risks of occupational accidents, fire and machinery breakdowns. They operate in environments where incidents such as workers being caught in or between machinery, a major cause of occupational accidents, are liable to occur on a daily basis.」
Separate from natural disasters, disruption to production activities caused by occupational accidents, fire, machinery breakdowns and other incidents at manufacturing facilities is identified as a specific risk.