Risk of Production Interruptions Due to Natural Disasters and Accidents
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2018: 32 of 131 companies on the "Worse" side.
90 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「However, if sudden natural disasters or unforeseen accidents result in damage to manufacturing facilities, difficulty procuring raw materials, disruption of social infrastructure such as electricity and logistics, or changes in demand trends due to deteriorating economic conditions, and production activities are restricted or suspended, this may affect the financial condition and operating results of the Group.」
The risks of facility damage, procurement difficulties, infrastructure disruption, and production restrictions or suspensions caused by natural disasters or accidents continue to be described, with facility maintenance, safety and disaster prevention, BCP, and insurance identified as countermeasures. - FY2024ReframedAnnual report
「To prepare for business continuity or recovery in the event of a disaster, we have formulated a business continuity plan and taken measures to mitigate losses by obtaining insurance coverage.」
BCP and insurance are described as measures for addressing natural disaster and accident risks. The earthquake disaster commitment line previously described is not explicitly identified as a measure for addressing these risks. - FY2021RestatedAnnual report
「To prepare for the continuation or recovery of operations in the event of a disaster, we have formulated a business continuity plan and taken measures to mitigate losses through insurance, as well as measures to expand financing methods by entering into earthquake-disaster commitment line agreements.」
We continue to address the risk of production interruptions caused by natural disasters or accidents through a BCP, insurance and commitment lines. - FY2020First statedAnnual report
「Sudden natural disasters or unforeseen accidents could damage manufacturing facilities, make it difficult to procure raw materials, impair social infrastructure such as power and logistics, or change demand trends due to deteriorating economic conditions. If production activities are restricted or interrupted as a result, this could affect our group's financial position, operating results and other aspects of performance.」
The risks of equipment damage, procurement difficulties, infrastructure failures, and production restrictions or interruptions caused by disasters or accidents are explicitly described, with a BCP, insurance and commitment lines identified as countermeasures.