Damage to Business Sites and Employees from Large-Scale Natural Disasters
First written in FY2017. 1 of 5 entries say "Restated". Latest entry: FY2022.
Japan System Techniques moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 3 of 12 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2022WorsenedAnnual report
「However, the Company's head office functions and the Group's major subsidiaries are concentrated in Tokyo and Osaka. If a major disaster such as an earthquake directly beneath the Tokyo metropolitan area or a Nankai Trough earthquake occurs, damage to Group facilities in the affected areas, disruption or interruption of social infrastructure such as transportation, communications and logistics, and damage to contractors may affect the Group's operating performance and financial condition.」
While describing measures for business continuity planning and offices and data centers with advanced disaster-prevention capabilities, the company specified the potential impact of the concentration of head office functions and major subsidiaries in Tokyo and Osaka, including from earthquakes directly beneath the Tokyo metropolitan area. - FY2021MitigatedAnnual report
「With respect to COVID-19, the Group thoroughly implemented routine infection-prevention measures, including temperature checks upon entry and hand disinfection, to ensure the safety of employees and other stakeholders. It also restricted nonessential business travel, introduced staggered working hours and remote work in response to requests from the government and local authorities, developed telework environments, and promoted remote product development to reduce the impact on business activities. As a result, COVID-19 is not currently considered a risk having a material impact on the Group's business.」
While recognizing infectious diseases as a business continuity risk alongside natural disasters, the company implemented infection-prevention measures, remote work, telework and remote development, and stated that there is currently no material impact on the business. - FY2020RaisedAnnual report
「In preparation for natural disasters such as major earthquakes and global infectious disease outbreaks (pandemics) that could make it difficult to conduct operations, the Group has established business continuity plans and guidelines, and has developed response systems and operating environments to enable an initial response and rapid recovery of operations.」
In addition to the existing natural disaster risks, global infectious disease outbreaks (pandemics) were explicitly identified, along with measures including business continuity plans and guidelines. - FY2019RestatedAnnual report
「If major business locations and other facilities of the Group suffer catastrophic damage, or many employees are affected, as a result of a major earthquake or other natural disaster, the resulting substantial costs for repairs or response measures may affect the Group's operating performance.」
The risk of damage to business locations and employees from major natural disasters, and the resulting recovery costs, continued to be disclosed. - FY2017First statedAnnual report
「If major business locations and other facilities of the Group suffer catastrophic damage, or many employees are affected, as a result of a major earthquake or other natural disaster, the resulting substantial costs for repairs or response measures may affect the Group's operating performance.」
The company disclosed the risk that major business locations and employees could be affected by a major earthquake or other disaster, resulting in recovery and response costs.