Supply and Financial Impacts of Large-Scale Natural Disasters
First written in FY2017. 9 of 14 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2018: 32 of 131 companies on the "Worse" side.
90 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Company has geographically dispersed production sites and is structured to withstand natural disasters. In addition, it has formulated disaster preparedness measures and recovery plans and established systems to respond quickly to disasters within the assumed range.」
The Company continues to describe its response framework based on geographically dispersed production sites, disaster preparedness measures and recovery plans, as well as difficult-to-predict natural disaster and infectious disease risks. - FY2024-Q2MitigatedAnnual report
「The economy generally remained on a recovery trend, driven by the normalization of economic activity following the reclassification of COVID-19 to Category 5 and inbound demand」
Regarding restrictions on economic activity caused by COVID-19, the Company describes normalization following the Category 5 reclassification and a recovery trend driven by inbound demand. - FY2023-Q3RestatedAnnual report
「Depending on how the COVID-19 pandemic develops, its spread could affect the company's business activities and ability to secure earnings.」
The Company continues to identify as a risk the possibility that the spread of COVID-19 may affect business activities and the ability to secure revenue. - FY2023-Q2RestatedAnnual report
「Depending on how the COVID-19 pandemic develops, its spread could affect the company's business activities and ability to secure earnings.」
The Company continues to state that the spread of COVID-19 may affect business activities and the ability to secure revenue. - FY2022-Q3RestatedAnnual report
「Depending on how the COVID-19 pandemic develops, its spread could affect the company's business activities and ability to secure earnings.」
The Company continues to identify the possibility that the spread of COVID-19 may affect business activities and the ability to secure revenue as a business risk. - FY2022-Q2RestatedAnnual report
「Depending on how the COVID-19 pandemic develops, its spread could affect the company's business activities and ability to secure earnings.」
The Company continues to identify the possibility that the spread of COVID-19 may affect business activities and the ability to secure revenue as a business risk. - FY2022-Q1RestatedAnnual report
「Depending on how the COVID-19 pandemic develops, its spread could affect the company's business activities and ability to secure earnings.」
The Company continues to identify the possibility that the spread of COVID-19 may affect business activities and the ability to secure revenue as a business risk. - FY2021RestatedAnnual report
「In addition, if the impact of COVID-19 is prolonged, the Group's performance may be affected by a decline in envelopes for direct mail used for event announcements and other purposes.」
The Company continues to state that a prolonged COVID-19 pandemic may reduce direct-mail envelopes used for event announcements and other purposes, affecting performance. - FY2021-Q3RestatedAnnual report
「Depending on how the COVID-19 pandemic develops, its spread could affect the company's business activities and ability to secure earnings.」
The Company continues to state that the spread of COVID-19 may affect business activities and the ability to secure revenue. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the consolidated fiscal year, the Japanese economy remained uncertain as the spread of COVID-19 restricted personal consumption and corporate activity.」
The Company continues to describe restrictions on personal consumption and corporate activity caused by the spread of COVID-19 and the resulting uncertain economic outlook. - FY2021-Q1MaterialisedAnnual report
「During the cumulative first quarter of the consolidated fiscal year, the Japanese economy remained uncertain due to a decline in personal consumption following the consumption tax increase and the global spread of COVID-19, which led to the disappearance of inbound demand and a growing tendency among consumers to refrain from spending.」
The Company describes the actual economic impact of the infectious disease risk previously identified as difficult to predict, including the disappearance of inbound demand and consumer restraint arising from the spread of COVID-19. - FY2020WorsenedAnnual report
「However, the occurrence of a major natural disaster, infectious disease outbreak or other difficult-to-predict event could cause substantial damage.」
In addition to conventional natural disaster risks, the Company explicitly identifies difficult-to-predict events such as infectious disease outbreaks. - FY2018MitigatedAnnual report
「The Company has geographically dispersed production sites and is structured to withstand natural disasters. In addition, it is considering disaster preparedness measures and recovery plans and has established systems to respond quickly to disasters within the assumed range. However, a major natural disaster could cause substantial damage.」
The Company explicitly describes its response framework based on geographically dispersed production sites, disaster preparedness measures and recovery plans, making its disclosures on measures against the previously identified risk of major disasters more specific. - FY2017First statedAnnual report
「However, a major natural disaster could cause substantial damage. In such an event, the Company may be unable to secure its product supply system, resulting in a sharp decline in sales, while substantial restoration costs may be incurred, potentially adversely affecting its performance.」
The Company identifies supply suspension, a sharp decline in sales and restoration costs arising from a major natural disaster as risks.