Business Disruptions Caused by Large-Scale Disasters and Pandemics
First written in FY2020. 9 of 12 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 20 of 38 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026Quantifying the financial impact of disasters under climate scenariosAnnual report
「Flooding caused by flood damage could inundate a key company site and force operations to cease. Costs required for recovery (approximately ¥3.6 billion in total), and the impact on development plans and stable supply」
For flood and operational shutdown risks under the 4°C scenario, recovery costs were estimated at approximately ¥3.6 billion, with stronger BCPs, securing and decentralising inventory storage, and multiple sourcing from suppliers identified as response measures. - FY2024RestatedAnnual report
「If the Group's offices and business partners suffer substantial direct or indirect damage from accidents such as fires and floods caused by earthquakes, typhoons or other events, pandemics such as novel influenza, or the outbreak of regional conflicts, disruptions to the supply chain may cause business activities to contract or stall.」
The Group is reaffirming the risk of business disruption caused by natural disasters, pandemics, regional conflicts and supply-chain disruptions. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company has reaffirmed that there have been no material changes to the risk of business stagnation caused by large-scale disasters and pandemics. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company has reaffirmed that there have been no material changes to the risk of business stagnation caused by large-scale disasters and pandemics. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company has reaffirmed that there have been no material changes to the risk of business stagnation caused by large-scale disasters and pandemics. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The Company has reaffirmed that there have been no material changes to the risk of business stagnation caused by large-scale disasters and pandemics. - FY2022WorsenedAnnual report
「If the Group’s offices and business partners suffer significant direct or indirect damage from accidents such as fires and floods caused by earthquakes, typhoons, or other events, the outbreak of a pandemic such as novel influenza, or the outbreak of a regional conflict, disruption of the supply chain may cause business activities to contract or stagnate. The resulting time-related and financial losses before activities resume may materially affect the Group’s results or financial condition.」
In addition to natural disasters and pandemics, the Company explicitly identified regional conflicts and supply chain disruptions, expanding the scope of the risks covered. - FY2022-Q3RestatedAnnual report
「There was no material impact from the spread of COVID-19 on the financial condition, operating results, or cash flows during the third quarter of the current consolidated fiscal year.」
While the Company describes concerns about the prolonged impact of COVID-19, it stated that there was no material impact on its financial condition, operating results, or cash flows during the cumulative third-quarter period. - FY2022-Q2RestatedAnnual report
「There was no material impact from the spread of COVID-19 on the financial condition, operating results, or cash flows during the second quarter of the current consolidated fiscal year.」
While the Company describes concerns about the prolonged impact of COVID-19, it stated that there was no material impact on its financial condition, operating results, or cash flows during the cumulative second-quarter period. - FY2021-Q2RestatedAnnual report
「There was no material impact from the spread of COVID-19 on the financial condition, operating results, or cash flows during the second quarter of the current consolidated fiscal year.」
While the Company describes concerns about the prolonged impact of COVID-19, it stated that there was no material impact on its financial condition, operating results, or cash flows during the cumulative second-quarter period. - FY2021-Q1RestatedAnnual report
「There was no material impact from the spread of COVID-19 on the financial condition, operating results, or cash flows during the first quarter of the current consolidated fiscal year.」
Although concerns remain about the prolonged impact of COVID-19, the Company stated that there was no material impact on its financial condition, operating results, or cash flows during the first quarter. - FY2020First statedAnnual report
「If the Group’s offices and business partners suffer significant damage from accidents such as fires and floods caused by natural disasters including earthquakes and typhoons, or if a pandemic such as a novel influenza outbreak causes business activities to stagnate, resulting in time-related and financial losses before activities can resume, the Group’s results or financial condition may be materially affected. In response to the pandemic caused by the outbreak of COVID-19, the Company newly established, under its Risk Management Regulations, the “Standards Relating to the Act on Special Measures for Pandemic Influenza and New Infectious Diseases and the Act on the Prevention of Infectious Diseases and Medical Care for Patients with Infectious Diseases,” and is implementing measures focused on ensuring the safety of employees and relevant parties and maintaining a stable supply of products.」
The Company explicitly identified the risk of business stagnation caused by natural disasters and pandemics for the first time. Following the outbreak of COVID-19, it established standards for special measures and implemented measures to ensure safety and maintain stable supplies. It separately stated that there was no material impact on full-year results.