Production Interruptions at Manufacturing Sites Due to Natural Disasters and Fires
First written in FY2017. 4 of 10 entries say "Mitigated", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2018: 32 of 131 companies on the "Worse" side.
35 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The Group is working to diversify its production sites, including by establishing the Minami-Alps facility in Minami-Alps, Yamanashi Prefecture, and constructing a plant at its Taiwanese subsidiary, 三化電子材料股份有限公司. However, natural disasters such as earthquakes and accidents such as fires could affect the Head Office Plant and Uenohara No. 2 Plant simultaneously, causing catastrophic damage to their facilities.」
While the risk associated with the concentration of production sites in the Uenohara area remains, the completed Minami-Alps facility and Taiwanese plant are identified as measures to diversify production sites. - FY2022MitigatedAnnual report
「Regarding the fire that occurred at the Company's Head Office Plant on 23 November 2021, which caused considerable inconvenience and concern, we have worked to restore the facilities promptly, investigate the cause and review our safety measures. We will continue to take thorough steps to prevent a recurrence and further strengthen our safety measures and business continuity plan. The fire did not disrupt the Group's production or sales activities, and its impact on operating results was minor.」
Regarding the fire at the Head Office Plant, the company is proceeding with facility restoration, investigation of the cause, a review of safety measures, recurrence prevention and strengthening of its business continuity plan, and explained that there was no disruption to production or sales activities and that the impact on operating results was minor. - FY2022-Q3MaterialisedAnnual report
「A fire broke out at the Company's Uenohara Head Office Plant on 23 November 2021. While seeking guidance from the relevant authorities, we are working to restore the facility and implement thorough measures to prevent a recurrence. Although it is currently difficult to reasonably estimate the costs associated with removal and restoration and the amount assessed under our property insurance, at present there has been no disruption to production or sales activities, and the impact on operating results is expected to be minor.」
The fire risk at a production site materialized at the Uenohara Head Office Plant. Restoration work and measures to prevent a recurrence are under way, but there is currently no disruption to production or sales activities, and the impact on operating results is expected to be minor. - FY2022-Q2MitigatedAnnual report
「We worked to launch the plant at our Taiwanese subsidiary and obtain various certifications, while in Japan we further strengthened our production and quality-control systems.」
The plant at the Taiwanese subsidiary is progressing toward operation, providing a more concrete response to the risk arising from the concentration of domestic production sites through diversification of production locations. - FY2021MitigatedAnnual report
「The Group is working to diversify its production sites, including by constructing a plant at its Taiwanese subsidiary, 三化電子材料股份有限公司. However, natural disasters such as earthquakes and accidents such as fires could affect the Head Office Plant and Uenohara No. 2 Plant simultaneously.」
While the concentration risk at the Head Office Plant and Uenohara No. 2 Plant remains, the disclosure identifies construction of a plant at the Taiwanese subsidiary as a measure to diversify production sites. - FY2020RestatedAnnual report
「The Head Office Plant and Uenohara No. 2 Plant are concentrated in an industrial park in Uenohara, Yamanashi Prefecture. Natural disasters such as earthquakes and accidents such as fires could affect both plants simultaneously.」
The disclosure continues to address the risks associated with production-site concentration, including operating interruptions, shipment delays and repair costs if the sites are affected simultaneously. - FY2018RestatedAnnual report
「The Group's Head Office Plant and Uenohara No. 2 Plant, its production sites, are concentrated in an industrial park in Uenohara, Yamanashi Prefecture. Natural disasters such as earthquakes and accidents such as fires could damage both plants simultaneously, causing catastrophic damage to their facilities.」
The disclosure continues to address the concentration of the Head Office Plant and Uenohara No. 2 Plant in the same area, and the possibility of operating interruptions, shipment delays and repair costs if both are affected simultaneously. - FY2018-Q3RestatedAnnual report
「The Group's Head Office Plant and Uenohara No. 2 Plant, its production sites, are concentrated in an industrial park in Uenohara, Yamanashi Prefecture. Natural disasters such as earthquakes and accidents such as fires could damage both plants simultaneously, causing catastrophic damage to their facilities. In such a case, the Group's operations could be interrupted and sales could decline because of delays in production and shipments. If substantial costs were also required to restore the production sites and other facilities, this could affect the Group's financial position and operating results.」
The disclosure continues to address the concentration of the Head Office Plant and Uenohara No. 2 Plant in the same area, and the possibility of operating interruptions, shipment delays and repair costs if both are affected simultaneously. - FY2018-Q2WorsenedAnnual report
「The Group's Head Office Plant and Uenohara No. 2 Plant, its production sites, are concentrated in an industrial park in Uenohara, Yamanashi Prefecture. Natural disasters such as earthquakes and accidents such as fires could damage both plants simultaneously, causing catastrophic damage to their facilities.」
In addition to the existing risks from natural disasters and fires, the disclosure specifically addresses the possibility that the Head Office Plant and Uenohara No. 2 Plant, which are concentrated in the same area, could be affected simultaneously. - FY2017First statedAnnual report
「Equipment at the group's production sites and other facilities could suffer catastrophic damage as a result of natural disasters such as earthquakes or accidents such as fires.」
The disclosure identifies the potential for production interruptions, delays in production and shipments, and repair costs resulting from damage to production sites.