Earthquakes, Typhoons, Flooding and Business Continuity Risk
First written in FY2016. 6 of 18 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-08-07.
The whole theme swung hardest in 2018: 32 of 131 companies on the "Worse" side.
- 2026-08-07Cited as achievedEarnings presentation
「Operating profit declined because insurance proceeds of ¥1,524 million were recognized in the same quarter of the previous year.」
Cites insurance proceeds of ¥1,524 million related to the hail damage at the Kakogawa Plant as a comparative factor affecting operating profit in the same quarter of the previous year. - FY2026Finalization and recognition of hail damage insurance proceedsAnnual report
「The current consolidated fiscal year includes ¥1,524 million in insurance proceeds received for damage caused by the hail damage accident at our Kakogawa Plant.」
Regarding the hail damage accident at the Kakogawa Plant that occurred in April 2024, ¥1,524 million in insurance proceeds received was recognized as other income in the current year. This describes financial compensation received after a natural disaster risk materialized. - FY2025MaterialisedAnnual report
「Insurance proceeds for the hail damage accident at our Kakogawa Plant that occurred on 16 April 2024 were finalized on 30 May 2025. Accordingly, ¥1,524 million in insurance proceeds is scheduled to be recognized as other income in the fiscal year ending March 2026.」
A hail damage accident actually occurred at the Kakogawa Plant, and insurance proceeds of ¥1,524 million are scheduled to be recognized in the following fiscal year. - FY2023-Q1MitigatedAnnual report
「In Asia and Europe, the economy generally showed signs of recovery, partly due to the easing of activity restrictions as infections came under control. In Japan as well, personal consumption recovered as activity restrictions were eased, and the economy remained on a recovery path.」
Against the backdrop of infections coming under control and the easing of activity restrictions, the economies of Asia, Europe and Japan showed signs of recovery, partially mitigating the business impact of COVID-19. - FY2022-Q3MitigatedAnnual report
「In the United States, production volumes remained above those of the previous fiscal year, which had plunged due to the impact of COVID-19. In Asia as well, production volumes generally remained above the previous fiscal year, partly due to the easing of activity restrictions.」
Regarding the business impact of COVID-19 and activity restrictions, automobile production volumes in the United States and Asia exceeded the previous year's levels, indicating a partial recovery from the impact through the previous period. - FY2022-Q2WorsenedAnnual report
「Furthermore, in Asia, the economy deteriorated significantly after restrictions on economic activity were tightened against the backdrop of stagnant vaccination rates.」
States that, in connection with the impact of COVID-19, restrictions on economic activity were tightened in Asia and the economy deteriorated significantly. - FY2022-Q1RestatedAnnual report
「Meanwhile, in some parts of Asia, delays in lifting activity restrictions due to the renewed spread of COVID-19 slowed the pace of economic recovery.」
States that the renewed spread of COVID-19 and activity restrictions continued to restrain the economic recovery. - FY2021-Q3RestatedAnnual report
「Meanwhile, in the United States, Japan and Asia, although signs of economic recovery were seen, the pace of recovery remained gradual due to factors including tighter activity restrictions against the backdrop of the renewed spread of COVID-19.」
Activity restrictions continued due to the renewed spread of COVID-19, restraining the recovery in economic activity. Meanwhile, automobile production volumes showed some signs of recovery but generally remained below the previous year. - FY2021-Q2MitigatedAnnual report
「Meanwhile, in other regions, the impact of production adjustments caused by COVID-19 was declining, and automobile production volumes began to show some recovery.」
States that the impact of production adjustments caused by COVID-19 began to decline and that automobile production volumes in other regions began to show some recovery. However, production volumes generally continued to remain substantially below the previous fiscal year. - FY2021-Q1MaterialisedAnnual report
「Meanwhile, in other regions, production volumes generally remained substantially below the previous fiscal year as factors including a decline in demand caused by the spread of COVID-19 took effect.」
States that automobile production volumes in each region actually fell substantially below the previous fiscal year through reduced demand. - FY2020MaterialisedAnnual report
「As the spread of COVID-19 began to affect both supply and demand, automobile production volumes generally remained below the previous fiscal year in countries around the world.」
States that the spread of COVID-19 actually affected supply and demand and automobile production. - FY2018-Q1MaterialisedAnnual report
「For general industrial power transmission belts, sales of power transmission belts for agricultural machinery and other products declined in China because last year's flooding depressed the agricultural machinery replacement market,」
States that flooding in China last year contributed to the downturn in the agricultural machinery replacement market and the decline in sales of power transmission belts for agricultural machinery. - FY2017-Q2MaterialisedAnnual report
「In Japan, production volumes fell below the previous fiscal year due in part to the Kumamoto Earthquake and declining sales of kei cars.」
States that the impact of the Kumamoto Earthquake was reflected in lower automobile production volumes in Japan during the second quarter. - FY2017-Q1MaterialisedAnnual report
「In Japan, production volumes fell below the previous fiscal year due in part to disruptions in parts supplies caused by the Kumamoto Earthquake.」
States that disruptions in parts supplies caused by the earthquake actually occurred and affected automobile production volumes. - FY2016First statedAnnual report
「We formulated BCPs (Business Continuity Plans) on the assumption that each of our 4 domestic plants could suffer damage. These plans include establishing systems to minimize damage, such as preparing recovery plans and creating a product supply structure based on mutual support with overseas production facilities. However, depending on the scale of a disaster, our performance could be significantly affected.」
BCPs, recovery plans and mutual support with overseas facilities are cited as measures based on the assumption that domestic plants could suffer damage.