Natural Disasters, Infectious Diseases, Production Equipment Accidents, and Occupational Accidents

「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」

「In addition, adverse weather, including typhoons, torrential rain caused by linear rain bands and heavy snowfall on the Sea of Japan side, also contributed to the decline, and total demand fell 5.6% year on year to 32.66 million tonnes.」

「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.」

「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 Philippines cement business was affected by a typhoon in December of the previous year through the beginning of the year, resulting in lower sales volumes.」

「On 26 April 2021, an explosion occurred at the in-house power generation facility at the company's Saitama Plant. During the fiscal year, an impairment loss of ¥696 million related to the facility was recorded as an impairment loss, while ¥616 million in costs to respond to the accident and inventory valuation losses, among other items, were recorded as other extraordinary losses.」

「On 26 April 2021, an explosion occurred at the in-house power generation facility at the company's Saitama Plant. During the nine-month period of the fiscal year, an impairment loss of ¥696 million related to the facility was recorded as an impairment loss, while ¥557 million in costs to respond to the accident and inventory valuation losses, among other items, were recorded as other extraordinary losses.」

「Losses from temporary closures and other factors 37 At consolidated subsidiaries of the Group, fixed costs incurred during periods in which the operation of factories and commercial facilities was suspended, based on requests from national and local governments to prevent the spread of COVID-19, were recorded as extraordinary losses.」

「On 26 April 2021, an explosion occurred at the in-house power generation facility at the company's Saitama Plant. Although losses related to restoration and other measures are expected to arise as a result of the accident, the cause, among other matters, is currently under investigation, making a reasonable estimate difficult. There was no impact on facilities other than the in-house power generation facility, and cement production and shipments have continued after safety was confirmed.」

「Losses from temporary closures and other factors 547 At consolidated subsidiaries of the Group, fixed costs incurred during periods in which the operation of factories and commercial facilities was suspended, based on requests from national and local governments to prevent the spread of COVID-19, were recorded as extraordinary losses.」

「Losses from temporary closures and other factors 548 At consolidated subsidiaries of the Group, fixed costs incurred during periods in which the operation of factories and commercial facilities was suspended, based on requests from national and local governments to prevent the spread of COVID-19, were recorded as extraordinary losses.」

「At consolidated subsidiaries of the Group, fixed costs incurred during periods in which the operation of factories and commercial facilities was suspended, based on requests from national and local governments to prevent the spread of COVID-19, were recorded as extraordinary losses.」

「In particular, with regard to COVID-19, there were concerns that the business environment could be significantly affected by the impact of the spread of infectious diseases on economic activity. In the short term, the company was concerned about the impact of construction work being suspended or postponed, while over the medium to long term, private-sector capital investment and redevelopment investment could be curbed, potentially reducing demand for cement.」

「The company may be affected if a major natural disaster or the rapid spread of an infectious disease such as a novel strain of influenza occurs. It may also be affected if a serious accident at a production facility or other location, or a serious occupational accident, occurs.」

「There were no occurrences of matters relating to the business, financial conditions or other items described in this quarterly report that could have a material impact on investors' decisions during the cumulative third quarter, and no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」

「There were no occurrences of matters relating to the business, financial conditions or other items described in this quarterly report that could have a material impact on investors' decisions during the cumulative second quarter, and no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」

「There were no new developments during the three-month cumulative consolidated period of the current fiscal year among matters concerning the business and financial conditions described in this quarterly report that could have a material impact on investors' decisions, nor were there any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

「The company may be affected if a major natural disaster or the rapid spread of an infectious disease such as a novel strain of influenza occurs. It may also be affected if a serious accident at a production facility or other location, or a serious occupational accident, occurs.」

「There were no new developments during the nine-month cumulative consolidated period of the current fiscal year among matters concerning the business and financial conditions described in this quarterly report that could have a material impact on investors' decisions, nor were there any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

「There were no new developments during the six-month cumulative consolidated period of the current fiscal year among matters concerning the business and financial conditions described in this quarterly report that could have a material impact on investors' decisions, nor were there any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

「There were no new developments during the three-month cumulative consolidated period of the current fiscal year among matters concerning the business and financial conditions described in this quarterly report that could have a material impact on investors' decisions, nor were there any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

「The company may be affected if a major natural disaster or the rapid spread of an infectious disease such as a novel strain of influenza occurs. It may also be affected if a serious accident at a production facility or other location, or a serious occupational accident, occurs.」

「There were no new developments during the nine-month cumulative consolidated period of the current fiscal year among matters concerning the business and financial conditions described in this quarterly report that could have a material impact on investors' decisions, nor were there any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

「The company may be affected if a major natural disaster or the rapid spread of an infectious disease such as a novel strain of influenza occurs. It may also be affected if a serious accident at a production facility or other location, or a serious occupational accident, occurs.」