Business Disruptions Caused by Natural Disasters and Pandemics
First written in FY2016. 8 of 25 entries say "Restated". Latest entry: FY2026.
Nof moved to the "Worse" side of this theme in 2019, 5 years before the typical company in this theme (2024).
The whole theme swung hardest in 2020: 22 of 113 companies on the "Worse" side.
8 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「To minimize damage to business assets and enable the continuation and early recovery of core businesses in response to natural disasters such as earthquakes and tsunamis and global infectious disease outbreaks, including pandemics such as the novel coronavirus, the company has formulated a business continuity plan (BCP) and is preparing for emergencies by conducting internal audits and drills related to the BCP.」
The company categorizes the risk of business interruption due to natural disasters and pandemics as a BCP risk, including earthquakes, tsunamis and infectious diseases, and identifies internal audits and drills as countermeasures. - FY2024-Q2MitigatedAnnual report
「In Japan, following the classification of the novel coronavirus disease as a Class 5 infectious disease under Japan's Infectious Diseases Control Law, social and economic activity normalized, and personal consumption, capital investment and production showed a gradual recovery trend.」
Following the reclassification as a Class 5 infectious disease, the company describes the normalization of social and economic activity and a recovery trend in personal consumption, capital investment and production. - FY2024-Q1MitigatedAnnual report
「In Japan, following the classification of the novel coronavirus disease as a Class 5 infectious disease under Japan's Infectious Diseases Control Law, social and economic activity normalized, and personal consumption, capital investment and production showed a gradual recovery trend.」
Following the reclassification of the novel coronavirus disease as a Class 5 infectious disease, social and economic activity in Japan normalized, and personal consumption, production and other activities showed a gradual recovery trend. - FY2023-Q3RestatedAnnual report
「While vaccination against the novel coronavirus disease progressed, particularly in countries and regions, various restrictions were eased and economic activity was normalized, while」
While vaccination became more widespread, restrictions were eased and economic activity was normalized, the impact of the infectious disease continued to be cited as an underlying assumption for the business environment. - FY2023-Q2MitigatedAnnual report
「During the first half, moves toward easing various restrictions and normalizing economic activity progressed, particularly in countries and regions where vaccination against the novel coronavirus disease was becoming more widespread, while」
The company states that various restrictions are being eased and economic activity is being normalized as vaccination becomes more widespread. It also indicates that some impacts, including stagnation of activity in China, remain. - FY2023-Q1MitigatedAnnual report
「While moves toward gradually easing various restrictions and normalizing economic activity spread, particularly in countries and regions where vaccination against the novel coronavirus disease was becoming more widespread, the outlook remained uncertain due to the worsening Ukraine crisis, restrictions on activity caused by the spread of infections in China, and trends in resource and energy prices.」
The company describes the spread of vaccination and moves toward easing restrictions and normalizing economic activity, indicating that the risk of business interruption due to the pandemic is moving toward partial mitigation. Restrictions on activity caused by the spread of infections in China remain, however. - FY2022MitigatedAnnual report
「Although the possibility remains that infections could spread again due to variants, the company expects the impact of the novel coronavirus disease to gradually diminish as vaccination becomes more widespread and policies seek to balance it with social and economic activity.」
While the possibility of a renewed spread of infections remains, the company indicated that the impact of the infectious disease is expected to gradually diminish as vaccination becomes more widespread and social and economic activity is normalized. - FY2022-Q3RestatedAnnual report
「During the 9-month period from 1 April 2021 to 31 December 2021, the global spread of the novel coronavirus disease continued. Overseas, however, moves toward balancing various restrictions with social and economic activity spread, particularly in countries and regions where vaccination was becoming more widespread.」
While the pandemic continued, the company described the spread of vaccination and moves to balance it with social and economic activity. - FY2022-Q1MitigatedAnnual report
「The business environment surrounding the Group is recovering from the substantial decline in demand caused by the pandemic in the previous fiscal year.」
Although the effects of the pandemic continue, the company states that conditions are in a recovery phase from the substantial decline in demand that occurred in the previous fiscal year. - FY2021MaterialisedAnnual report
「The novel coronavirus disease has had a major impact on the global economy. In accordance with its business continuity plan (BCP), the company established an emergency response headquarters and is working to maintain business activities, including production, sales and logistics.」
As business impacts from the pandemic continue, the company is implementing measures including its BCP, an emergency response headquarters, telework and staggered working hours. - FY2021-Q3MaterialisedAnnual report
「The business environment surrounding the Group was extremely challenging, affected by a global economic slowdown resulting from the disappearance of inbound demand in Japan and declining automobile production.」
Business impacts related to the pandemic, including lower demand associated with the spread of the novel coronavirus disease and the decline in automobile production, continue to be evident in the actual environment. - FY2021-Q2MaterialisedAnnual report
「The business environment surrounding the Group was extremely challenging, affected by the disappearance of inbound demand in Japan and lower demand due to calls to refrain from going out, as well as a global economic slowdown caused by factors including the decline in automobile production.」
The effects of lower demand associated with the novel coronavirus disease, declining automobile production and the global economic slowdown continue to be evident in the actual business environment. - FY2021-Q1MaterialisedAnnual report
「The business environment surrounding the Group was extremely challenging, affected by the disappearance of inbound demand in Japan and lower demand due to calls to refrain from going out, as well as a global economic slowdown caused by factors including the decline in automobile production. As the novel coronavirus disease spread, the Group worked to maintain production, sales and logistics, while implementing various infection-prevention measures to ensure the safety of Group employees and other stakeholders.」
The effects of lower demand and other factors caused by the spread of infectious disease continue to be evident in the actual business environment. At the same time, the company is maintaining production, sales and logistics and implementing infection-prevention measures. - FY2020MaterialisedAnnual report
「The Group has also been significantly affected by the novel coronavirus disease, which is currently having a major impact on the global economy, and the outlook for when it will subside remains uncertain.」
The company states that the pandemic, previously treated as an assumed risk, has actually affected sales, particularly functional chemicals. It also describes measures including a BCP, an emergency response headquarters, telework and staggered working hours. - FY2020-Q3MaterialisedAnnual report
「Disaster-related losses consisted of ¥158 million in costs to restore equipment and other assets damaged by a typhoon that occurred in 2019 and ¥0 million in damage to inventories.」
The typhoon in 2019 resulted in ¥158 million in restoration costs for equipment and other assets, and the company recorded ¥159 million in disaster-related losses. - FY2019MaterialisedAnnual report
「In the consolidated fiscal year, disaster-related losses consisted of ¥229 million in costs to restore equipment and other assets damaged by a typhoon and ¥15 million in damage to inventories.」
Damage to equipment and inventories caused by a typhoon was recorded as full-year disaster-related losses, which totaled ¥245 million. - FY2019-Q3Update to typhoon-related loss amountAnnual report
「Disaster-related losses consisted of ¥278 million in costs to restore equipment and other assets damaged by a typhoon and ¥15 million in damage to inventories.」
The company discloses ¥278 million in restoration costs for equipment damaged by a typhoon and ¥15 million in inventory damage, updating the breakdown of disaster-related losses. - FY2019-Q2MaterialisedAnnual report
「Disaster-related losses consisted of ¥258 million in costs to restore equipment and other assets damaged by a typhoon and ¥15 million in damage to inventories.」
The company incurred actual damage to equipment from a typhoon and damage to inventories, and recorded ¥273 million in disaster-related losses. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
No new occurrence or material change is considered to have arisen with respect to the risk of business interruption due to natural disasters and pandemics. - FY2018-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
No new occurrence or material change is considered to have arisen with respect to the risk of business interruption due to natural disasters and pandemics. - FY2018-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
No new occurrence or material change is considered to have arisen with respect to the risk of business interruption due to natural disasters and pandemics. - FY2017RestatedAnnual report
「The Group has implemented advance safety measures and measures to minimize damage when natural disasters such as earthquakes and global infectious disease outbreaks, including pandemics, occur. However, if a disaster or other event beyond expectations occurs and interrupts production or other business activities, including sales and logistics, it could affect the Group's business results and financial position.」
The company continues to disclose the risk of business interruption due to natural disasters and pandemics, together with advance measures and measures to minimize damage. - FY2017-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
No new occurrence or material change is considered to have arisen with respect to the risk of business interruption due to natural disasters and pandemics. - FY2017-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
No new occurrence or material change is considered to have arisen with respect to the risk of business interruption due to natural disasters and pandemics. - FY2016First statedAnnual report
「The Group has implemented advance safety measures and measures to minimize damage when natural disasters such as earthquakes and global infectious disease outbreaks, including pandemics, occur. However, if a disaster or other event beyond expectations occurs and interrupts production or other business activities, including sales and logistics, it could affect the Group's business results and financial position.」
The company states that it has implemented advance safety measures and measures to minimize damage when an incident occurs.