Impact of increasingly frequent extreme weather events on production and logistics
First written in FY2020. 5 of 8 entries say "Materialised", first in FY2024-Q1. Latest entry: FY2026.
Taiheiyo Cement moved to the "Worse" side of this theme in 2023, 3 years before the typical company in this theme (2026).
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Although demand for cement in Japan was maintained at a certain level by measures to strengthen national resilience, defense-related projects, urban development, factory construction driven by the reshoring of supply chains, and projects such as the Chuo Shinkansen maglev line, it was affected by a combination of factors, including soaring construction costs, persistent labor shortages, a substantial decline in Saturday shipments as construction sites increasingly adopted a five-day workweek, and construction delays caused by summer heatstroke-prevention measures. Overall, demand fell 6.1% year on year to 15.34 million tonnes.」
Construction delays caused by summer heatstroke-prevention measures were reflected as an actual factor behind the decline in domestic cement demand. - FY2026-H1MaterialisedAnnual report
「Although a certain level of demand was maintained for national resilience measures, defense-related projects, urban development, plant construction resulting from the reshoring of supply chains, and the Linear Chuo Shinkansen, total domestic cement demand declined 6.1% year on year to 15.34 million tonnes due to the combined effects of soaring construction costs, chronic labor shortages, a substantial decline in Saturday shipments accompanying the expansion of the five-day workweek at construction sites, and schedule delays caused by summer heatstroke-prevention measures.」
Construction delays caused by summer heatstroke-prevention measures were reflected as an actual factor behind the decline in domestic cement demand. - FY2025MaterialisedAnnual report
「The impact of adverse weather, including torrential rain caused by typhoons and linear rain bands and heavy snowfall on the Sea of Japan side, also weighed on results, bringing the total to 32.66 million tonnes, down 5.6% from the previous fiscal year.」
Extreme weather events depressed construction activity and demand, and this was reflected in an actual decline in domestic cement demand. - FY2025-H1MaterialisedAnnual report
「Although a certain level of demand remained due to the extension of the Hokkaido Shinkansen to Sapporo, large-scale redevelopment projects, and new semiconductor-related plant construction, total domestic cement demand declined 6.0% year on year to 16.34 million tonnes due to the combined effects of higher costs, labor shortages, and delays in construction schedules and project starts caused by heavy rain, typhoons, and extreme heat.」
Delays in processes and construction starts caused by heavy rain, typhoons and extreme heat emerged in the form of a 6.0% year-on-year decline in domestic cement demand. - FY2024-Q1MaterialisedAnnual report
「In the U.S. West Coast cement business, sales volumes fell below those in the same period of the previous year due to the impact of record rainfall and snowfall.」
The risk of extreme weather events affecting production and logistics emerged in the form of a decline in sales volumes caused by record heavy rainfall and snowfall. - FY2022RestatedAnnual report
「The accumulation of greenhouse gases in the atmosphere and global warming may lead to more frequent flooding and landslides caused by heavy rainfall, as well as damage from increasingly powerful typhoons. In such cases, the Company may be affected by damage to production facilities and prolonged disruption to transportation networks.」
The risks of damage to production facilities and disruption to transportation caused by extreme weather events, together with the response based on the risk management policy and regulations, continued to be disclosed. - FY2021RestatedAnnual report
「The accumulation of greenhouse gases in the atmosphere and global warming may lead to more frequent flooding and landslides caused by heavy rainfall, as well as damage from increasingly powerful typhoons. In such cases, the Company may be affected by damage to production facilities and prolonged disruption to transportation networks. In the event of an emergency such as a disaster, the Company will respond appropriately in accordance with its Basic Risk Management Policy and Risk Management Regulations.」
The risks of damage to facilities and disruption to transportation caused by extreme weather events, together with the response based on the risk management policy and regulations, continued to be disclosed. - FY2020First statedAnnual report
「The accumulation of greenhouse gases in the atmosphere and global warming may lead to more frequent flooding and landslides caused by heavy rainfall, as well as damage from increasingly powerful typhoons. In such cases, the Company may be affected by damage to production facilities and prolonged disruption to transportation networks.」
Heavy rainfall, landslides and intensifying typhoons associated with global warming were specifically identified for the first time as distinct risks that could lead to damage to facilities and disruption to transportation.