Suspension of facility operations due to fires, earthquakes, storms, floods and other disasters
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 76 of 118 companies on the "Worse" side.
104 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Earthquakes, typhoons, heavy rain, heavy snow, volcanic eruptions and other disasters may damage buildings and equipment, disrupt transportation networks and lifelines, make it difficult to procure raw materials such as room linens, food and beverages or obtain electricity, water and gas, and prevent employees from commuting. These events may suspend facility operations and reduce revenue by lowering demand for accommodation.」
We reiterated the risks of natural disasters suspending facility operations and affecting procurement, lifelines and employee commuting. - FY2022RestatedAnnual report
「Earthquakes, typhoons, heavy rain, heavy snow, volcanic eruptions and other disasters may damage buildings and equipment, disrupt transportation networks and lifelines, make it difficult to procure raw materials such as room linens, food and beverages or obtain electricity, water and gas, and prevent employees from commuting. These events may suspend facility operations and reduce revenue by lowering demand for accommodation.」
We reiterated the impacts of natural disasters on facility operations, procurement, lifelines and employee commuting. - FY2021First statedAnnual report
「Earthquakes, typhoons, heavy rain, heavy snow, volcanic eruptions and other disasters may damage buildings and equipment, disrupt transportation networks and lifelines, make it difficult to procure raw materials such as room linens, food and beverages or obtain electricity, water and gas, and prevent employees from commuting. These events may suspend facility operations and reduce revenue by lowering demand for accommodation.」
We disclosed the risks of facility damage caused by natural disasters, impacts on procurement, lifelines and employee commuting, and suspension of operations.