Business Impacts of Disasters and Accidents
First written in FY2016. 5 of 9 entries say "Restated". Latest entry: FY2023.
Kawakami Paint Manufacturing moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 15 of 22 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The operating results and financial condition of our group may be affected by major natural disasters, accidents, pandemics, and other events. Our group makes ongoing efforts to minimize damage when disasters occur and prevent accidents, and maintains property and casualty insurance as a contingency measure in the event of a disaster or accident.」
The company continues to describe the possibility of impacts from natural disasters, accidents, and pandemics, as well as responses through prevention measures and property and casualty insurance. - FY2021RestatedAnnual report
「The operating results and financial condition of our group may be affected by major natural disasters, accidents, pandemics, and other events. Our group makes ongoing efforts to minimize damage when disasters occur and prevent accidents, and maintains property and casualty insurance as a contingency measure in the event of a disaster or accident.」
The company continues to describe the possibility that natural disasters, accidents, and pandemics could affect operating results, as well as responses through prevention measures and property and casualty insurance. - FY2020WorsenedAnnual report
「The operating results and financial condition of our group may be affected by major natural disasters, accidents, pandemics, and other events.」
The company explicitly added pandemics to the existing disaster and accident risks. It also describes the impact of COVID-19 on operating results and financial condition. - FY2020-Q2RestatedAnnual report
「In addition to the prolonged impact of natural disasters, including typhoons and heavy rain in the second half of 2019, the spread of COVID-19 affected the movement of people and goods worldwide, leading customers to reduce production volumes, among other factors. Sales were ¥2,455 million, down 10.9% year on year.」
The company states that the impact of typhoons, heavy rain, and other events on customers’ production activities continued for an extended period. The additional impact of COVID-19 is described separately, but no new change in the natural disaster risk itself is indicated. - FY2020-Q1WorsenedAnnual report
「Because the impact of natural disasters, including typhoons and heavy rain in the second half of 2019, on customers’ production activities continued for an extended period, sales were ¥1,256 million, down 6.7% year on year, ordinary income was ¥21 million, down 74.1%, and net income attributable to owners of the parent was ¥12 million, down 81.0%.」
The company states that the impact on customers of typhoons, heavy rain, and other events that actually occurred in the previous fiscal year continued into the following quarter. - FY2019MaterialisedAnnual report
「Although the impact of a succession of severe typhoons on our group’s facilities was minor, production activities at major customers in the metals and machine tools sectors were affected. As a result, demand for our group’s products declined, preventing sales from reaching the plan and leaving them at approximately the same level as the previous year.」
The company states that typhoons affected production activities at major customers and that this resulted in an actual decline in demand for the group. - FY2018RestatedAnnual report
「As a company, we make ongoing efforts to minimize damage when disasters occur and prevent accidents. We also maintain property and casualty insurance as a contingency measure, but depending on the scale of an incident, it could affect management.」
The company continues to describe the prevention of disasters and accidents, responses through property and casualty insurance, and the possibility that the scale of an incident could affect management. - FY2017RestatedAnnual report
「As a company, we make ongoing efforts to minimize damage when disasters occur and prevent accidents. We also maintain property and casualty insurance as a contingency measure, but depending on the scale of an incident, it could affect management.」
The company continues to describe the possibility of disasters and accidents, and responses through prevention measures and property and casualty insurance. - FY2016First statedAnnual report
「As a company, we make ongoing efforts to minimize damage when disasters occur and prevent accidents. We also maintain property and casualty insurance as a contingency measure, but depending on the scale of an incident, it could affect management.」
The company explicitly identifies the possibility of disasters and accidents, prevention measures, and responses through property and casualty insurance as risks.