Suspension of Operations at Production Sites Due to Natural Disasters or Accidents
First written in FY2016. 4 of 6 entries say "Mitigated", first in FY2017. Latest entry: FY2025.
The whole theme swung hardest in 2018: 32 of 131 companies on the "Worse" side.
35 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「The Group's coating processing is carried out using the facilities at 3 sites, namely the Gunma and Aichi business divisions and the technology development center, as well as those of consolidated subsidiaries in Japan, in Nagano, Oita and 真永, and 9 overseas affiliated companies in China, Thailand and Vietnam. If a natural disaster, accident or other event occurs at 1 of these 13 sites, making processing impossible, production can be supplemented using facilities at the other sites.」
The processing network is described as comprising 13 sites, with other sites able to provide backup if 1 site becomes unable to process products. - FY2024MitigatedAnnual report
「The Group's coating processing is carried out using the facilities at 3 sites, namely the Gunma and Aichi business divisions and the technology development center, as well as those of consolidated subsidiaries in Japan, in Nagano, Oita and 真永, and 9 overseas affiliated companies in China, Thailand and Vietnam. If a natural disaster, accident or other event occurs at 1 of these 11 sites, making processing impossible, production can be supplemented using facilities at the other sites.」
The domestic and overseas processing network is described as comprising 11 sites, including 真永, with other sites able to provide backup if 1 site becomes unable to process products. - FY2022MitigatedAnnual report
「The Group's coating processing is carried out using the facilities at 3 sites, namely the Gunma and Aichi business divisions and the technology development center, as well as those of consolidated subsidiaries in Japan, in Nagano and Oita, and 5 overseas affiliated companies in China, Thailand and Vietnam. If a natural disaster, accident or other event occurs at 1 of these 10 sites, making processing impossible, production can be supplemented using facilities at the other sites.」
The processing network comprises 10 domestic and overseas sites, including Oita Dry Lube, and other sites can provide backup if 1 site becomes unable to process products. - FY2020RestatedAnnual report
「If a natural disaster, accident or other event occurs at 1 of these 9 sites, making processing impossible, production can be supplemented using facilities at the other sites. However, processing using specialized equipment will be suspended until recovery.」
The explanation continues to state that other sites can provide backup if 1 of the 9 sites stops operating, while production using specialized equipment will remain suspended. - FY2017MitigatedAnnual report
「The Group's coating processing is carried out using the facilities at 3 sites, namely the Gunma and Aichi business divisions and the technology development center, as well as those of an affiliated company, Nagano Dry Lube Co., Ltd., and 5 overseas affiliated companies in China, Thailand and Vietnam. If a natural disaster, accident or other event occurs at 1 of these 9 sites, making processing impossible, production can be supplemented using facilities at the other sites.」
The explanation was added that production and processing are carried out at 9 sites and that other sites can provide backup if 1 site becomes unable to process products. However, processing using specialized equipment may remain suspended until recovery. - FY2016First statedAnnual report
「If the technology development center in Kanagawa, which is a production site for Dry Lube products, becomes unable to produce due to a natural disaster or accident, other business divisions cannot supplement production of Dry Lube products at the technology development center. As a result, production may stagnate at all production sites until recovery, which could have a significant impact on the operating results of the Group.」
This indicates the difficulty of supplementing production if the technology development center in Kanagawa stops operating, and the potential impact on all production sites.