Natural Disaster and Fire Risks at a Single Production Site
First written in FY2016. 5 of 13 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2020: 21 of 72 companies on the "Worse" side.
23 other companies' latest entry also says "Mitigated".
- FY2025-H1MitigatedAnnual report
「The insurance proceeds received relate to insurance payments for partial flooding and other damage within the premises of the Joban Plant (Iwaki, Fukushima Prefecture) caused by Typhoon No. 13 in September of the previous year (September 2023).」
Regarding the flooding damage at the Joban Plant caused by Typhoon No. 13, the Company recognized ¥65 million in insurance proceeds as extraordinary income. Insurance compensation for the financial impact of the natural disaster that occurred has taken concrete form. - FY2024MaterialisedAnnual report
「Losses from disasters — 90 Insurance proceeds received — △26 Payments for disaster losses — △60」
Regarding the natural disaster risk associated with the concentration of production at the Joban Plant, the Company's statement of cash flows for the fiscal year reports disaster losses of ¥90 million, insurance proceeds received of ¥26 million and payments for disaster losses of ¥60 million, disclosing the financial impact. - FY2024-Q3RestatedAnnual report
「In addition, due in part to losses from suspended operations caused by Typhoon No. 13, which struck the Company's Joban Plant (Iwaki, Fukushima Prefecture) on 8 September of the previous year,」
The Company again describes losses from suspended equipment operations caused by Typhoon No. 13 at the Joban Plant. This reflects continuing recognition of the previously disclosed disaster impact; no new disaster or completion of recovery is indicated. - FY2024-Q2MaterialisedAnnual report
「Due in part to losses from suspended equipment operations caused by Typhoon No. 13, which struck the Company's Joban Plant (Iwaki, Fukushima Prefecture) on 8 September of this year,」
The natural disaster risk associated with the concentration of production at the Joban Plant actually materialized as losses from suspended equipment operations caused by Typhoon No. 13. - FY2022RestatedAnnual report
「The Company has implemented measures including disaster-response manuals, a business continuity plan (BCP), an employee safety confirmation system, earthquake-resistance measures and disaster-preparedness drills. However, if the Joban Plant is affected by a natural disaster such as an earthquake, a fire or flooding, operations may be suspended until production functions are restored.」
The Company continues to identify the risk of suspended operations resulting from the concentration of production at the Joban Plant and reaffirms measures including its BCP, employee safety confirmation system, earthquake-resistance measures and disaster-preparedness drills. - FY2021-Q2MitigatedAnnual report
「The insurance proceeds received relate to insurance payments and other amounts received for damage at the Joban Plant (Iwaki, Fukushima Prefecture) caused by Typhoon No. 19 and record short-duration torrential rain on 25 October 2019.」
The Company discloses that it received ¥150 million in insurance proceeds for flood damage at the Joban Plant and recognized the amount as extraordinary income. Financial compensation for the disaster that occurred in the previous period has taken concrete form. - FY2020MitigatedAnnual report
「The Company has implemented measures including disaster-response manuals, a business continuity plan (BCP), an employee safety confirmation system, earthquake-resistance measures and disaster-preparedness drills. However, if the Joban Plant is affected by a natural disaster such as an earthquake, a fire or flooding, operations may be suspended until production functions are restored.」
In light of flood damage from typhoons and heavy rain, and the resulting repair costs and losses from suspended equipment operations, the Company specifies measures including its BCP, employee safety confirmation system, earthquake-resistance measures and disaster-preparedness drills. - FY2020-Q3MitigatedAnnual report
「Following its focus on recovery efforts, the Company resumed production sequentially at facilities where safety inspections, repairs and equipment replacements had been completed, and production is now operating almost normally.」
Regarding the flooding damage at the Joban Plant caused by Typhoon No. 19 and record short-duration torrential rain, the Company proceeded with safety inspections, repairs and equipment replacements, and production recovered to almost normal levels. The Company is proceeding with insurance claims for damaged equipment and other items, while the impact, including items not covered by insurance, remains under review. - FY2020-Q2MaterialisedAnnual report
「At the Company's Joban Plant (Iwaki, Fukushima Prefecture), partial flooding of production equipment and other damage occurred within the plant premises due to Typhoon No. 19 and the record short-duration torrential rain on Friday, 25 October 2019. The impact of this disaster on business performance is currently under review, and the Company will promptly disclose the necessary information once the details are known.」
The natural disaster risk associated with the concentration of production at the Joban Plant actually materialized as partial flooding of production equipment caused by Typhoon No. 19 and record torrential rain. The impact on business performance is still under review. - FY2019RestatedAnnual report
「Because the Company has only one production site, in Iwaki, Fukushima Prefecture, operations may be suspended until production functions are restored if the Joban Plant is affected by a natural disaster such as an earthquake, or by a fire or other event.」
The Company reiterates the risk of suspended operations in the event of a natural disaster or fire resulting from the concentration of production at the Joban Plant. - FY2018RestatedAnnual report
「Because the Company has only one production site, in Iwaki, Fukushima Prefecture, operations may be suspended until production functions are restored if the Joban Plant is affected by a natural disaster such as an earthquake, or by a fire or other event.」
The Company reiterates the risk of suspended operations in the event of a natural disaster or fire resulting from the concentration of production at the Joban Plant. - FY2017RestatedAnnual report
「Because the Company has only one production site, in Iwaki, Fukushima Prefecture, operations may be suspended until production functions are restored if the Joban Plant is affected by a natural disaster such as an earthquake, or by a fire or other event.」
The Company reiterates the risk of suspended operations in the event of a natural disaster or fire resulting from the concentration of production at the Joban Plant. - FY2016First statedAnnual report
「Because the Company has only one production site, in Iwaki, Fukushima Prefecture, operations may be suspended until production functions are restored if the Joban Plant is affected by a natural disaster such as an earthquake, or by a fire or other event.」
The Company identifies the concentration of production at the Joban Plant as a risk that could lead to a suspension of operations.