Suspension of Operations Due to Natural Disasters or Accidents at Production Facilities
First written in FY2016. 9 of 15 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2025.
DaikyoNishikawa 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.
2 other companies' latest entry also says "Reframed".
- FY2025Expanded to encompass comprehensive business continuity risks, including climate change and pandemicsAnnual report
「(10) Climate change, natural disasters, pandemics and accidents」
The risk of production stoppages caused by conventional natural disasters and facility accidents was reorganized as a comprehensive risk category including climate change, pandemics and accidents. - FY2023MaterialisedAnnual report
「A fire occurred at AFT Co., Ltd., a consolidated subsidiary of the Company, on 16 November 2020, and another fire occurred at an external warehouse of the Company on 6 May 2022. The resulting losses were recorded.」
In addition to the fire at the existing subsidiary, a fire occurred at an external warehouse in May 2022, and disaster-related losses of ¥13 million were recorded in the current fiscal year. - FY2023-Q1MaterialisedAnnual report
「Disaster-related losses 13」
Disaster-related losses of ¥13 million were recorded in the first quarter, and the impact of natural disasters and accidents on facilities and operations continues to be reported as an actual result. - FY2022-Q3RestatedAnnual report
「A fire occurred at the Company's Hachihonmatsu Plant on 26 February 2020, and another fire occurred at AFT Co., Ltd., a consolidated subsidiary of the Company, on 16 November of the same year. The resulting losses were recorded.」
Losses related to the past fires at the Hachihonmatsu Plant and AFT Co., Ltd. continue to be disclosed. No new fires or expansion of production stoppages are reported. - FY2022-Q2MitigatedAnnual report
「Recovery from the fire at a domestic affiliate that occurred in November of the previous year was completed in July of the current year, and production activities commenced」
Recovery from the fire at a domestic affiliate that occurred in November of the previous year was completed in July, and production activities resumed. Measures to address the impact of the facility accident on operations are progressing. - FY2022-Q1MaterialisedAnnual report
「Disaster-related losses 53」
Disaster-related losses of ¥53 million were recorded in the first quarter, and the impact of natural disasters and accidents on facilities and operations continues to be reported as an actual result. - FY2021MaterialisedAnnual report
「A fire occurred at the Company's Hachihonmatsu Plant on 26 February 2020, and another fire occurred at AFT Co., Ltd., a consolidated subsidiary of the Company, on 16 November of the same year. The resulting losses were recorded.」
In addition to the Hachihonmatsu Plant, a fire occurred at AFT Co., Ltd., resulting in disaster-related losses of ¥103 million at the Hachihonmatsu Plant and ¥1,789 million at AFT Co., Ltd. The impact of the facility-accident risk materialized over the full fiscal year. - FY2021-Q3MaterialisedAnnual report
「A fire occurred at the Company's Hachihonmatsu Plant on 26 February 2020, and another fire occurred at AFT Co., Ltd., a consolidated subsidiary of the Company, on 16 November of the same year. The resulting losses were recorded.」
In addition to the Hachihonmatsu Plant, a fire occurred at consolidated subsidiary AFT Co., Ltd. on 16 November 2020. Disaster-related losses of ¥14 million at the Hachihonmatsu Plant and ¥607 million at AFT Co., Ltd. were recorded, indicating the emergence of a new facility-accident risk. - FY2021-Q2MaterialisedAnnual report
「This represents insurance proceeds related to the fire that occurred at the Company's Hachihonmatsu Plant on 26 February 2020.」
A fire actually occurred at the Hachihonmatsu Plant, and insurance proceeds received of ¥371 million and disaster-related losses of ¥14 million were recorded. The impact of natural disasters and accidents on facilities has materialized. - FY2020WorsenedAnnual report
「However, fires, breakdowns, power outages and other incidents at production facilities caused by unexpected natural disasters, epidemics, unforeseen accidents or other events may result in delays or stoppages in production, deliveries and other operations.」
In addition to conventional natural disasters and accidents, epidemics are explicitly identified, expanding the scope of the production-stoppage risk. - FY2019MaterialisedAnnual report
「Operating profit for the current consolidated fiscal year decreased by ¥3,430 million, or 19.0%, from the previous consolidated fiscal year to ¥14,621 million, despite the effects of higher revenue and other factors, due to the impact of the torrential rains in western Japan, various measures for work-style reform, and costs related to production preparations.」
The impact of the torrential rains in western Japan was a factor behind the decline in operating profit, and disaster-related losses of ¥68 million and a provision for disaster-related losses of ¥64 million were recorded. - FY2019-Q3MaterialisedAnnual report
「Operating profit decreased by ¥3,478 million, or 24.6%, from the same period of the previous year to ¥10,648 million, despite the effects of higher revenue and other factors, due to the impact of the torrential rains in western Japan and costs related to the development of next-generation products and production preparations.」
The impact of the torrential rains in western Japan actually arose as a factor behind the decline in operating profit. Disaster-related losses of ¥68 million and disaster relief donations of ¥51 million were recorded. - FY2019-Q2MaterialisedAnnual report
「Although the Company was affected by natural disasters, including the torrential rains in western Japan, net sales increased by ¥2,267 million, or 3.5%, from the same period of the previous year to ¥67,172 million, mainly due to higher sales to major customers. Segment profit (operating profit) decreased by ¥1,606 million, or 24.7%, from the same period of the previous year to ¥4,902 million, due to losses from the impact of the disasters, higher costs related to preparations for mass production of new products, and costs incurred in implementing various measures for work-style reform.」
Natural disasters, including the torrential rains in western Japan, actually occurred and affected results as a factor behind the decline in profit in the Japan segment and as disaster-related losses. - FY2017RestatedAnnual report
「The Group conducts regular maintenance of production facilities and implements disaster-prevention measures, including earthquake-resistance work.」
The risk of production stoppages caused by natural disasters or accidents, and countermeasures such as equipment maintenance and earthquake-resistance work, are being reconfirmed. - FY2016First statedAnnual report
「However, fires, breakdowns, power outages and other incidents at production facilities caused by unexpected natural disasters, unforeseen accidents or other events may result in delays or stoppages in production, deliveries and other operations.」
The disclosure also notes that domestic plants and suppliers are concentrated in the Chugoku region, indicating the possibility of production and delivery stoppages in the event of a disaster.