Komori
Fujimi (5384) · RiskRestated

System Disruption Caused by a Cyberattack and Response Costs

First written in FY2023-Q1. 3 of 5 entries say "Materialised", first in FY2023-Q1. Latest entry: FY2024-Q3.

5entries
3years
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2023-Q1 – FY2023-Q3RestatedFY2024-Q2 – FY2024-Q32022: 220222023: 220232024: 12024
Same theme, other companies
February 2022 cyberattack: internal system shutdown and response costsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2024-Q3RestatedAnnual report

    「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    The company stated that there were no new business risks or significant changes concerning the risk of system disruption caused by a cyberattack and related response costs.
  2. FY2024-Q2RestatedAnnual report

    「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    The company stated that there were no new business risks or significant changes concerning the risk of system disruption caused by a cyberattack and related response costs.
  3. FY2023-Q3MaterialisedAnnual report

    「These are various costs related to the system disruption caused by a cyberattack on the company on 20 February 2022. The main component was fixed costs and other expenses arising from the shutdown of internal systems.」

    The company recorded ¥77 million in system disruption response costs during the cumulative third-quarter period for the system disruption caused by the cyberattack on 20 February 2022, and the financial impact of the disruption continues to arise.
  4. FY2023-Q2MaterialisedAnnual report

    「On 20 February 2022, the company and its subsidiary FUJIMI TAIWAN LIMITED suffered a cyberattack involving unauthorized access by a third party, resulting in a system disruption. The company suspended some production and shipments, which delayed the announcement of its financial results for the fiscal year ended March 2022 and also affected the announcement of its first-quarter results for the fiscal year ending March 2023. The main component was fixed costs and other expenses arising from the shutdown of internal systems.」

    For the system disruption caused by the cyberattack on 20 February 2022, the company recorded ¥66 million in system disruption response costs and ¥34 million in payments for response costs during the cumulative second-quarter period. The financial impact of the production and shipment suspensions, delays in announcing financial results, and continuing response costs remains ongoing.
  5. FY2023-Q1MaterialisedAnnual report

    「System disruption response costs Cumulative first-quarter consolidated period (1 April 2022 to 30 June 2022) These are various costs related to the system disruption caused by a cyberattack on the company on 20 February 2022. The main component was fixed costs and other expenses arising from the shutdown of internal systems. The related costs were scheduled to be recorded as incurred during the second-quarter consolidated accounting period as well.」

    The cyberattack on 20 February 2022 caused the shutdown of internal systems, and ¥28 million in response costs was recorded as an extraordinary loss in the first quarter. Additional costs were expected to be recorded as incurred in the second quarter.
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"Decline in Sales and Profit Due to the Semiconductor Market Slowdown" moved the same way as this thread, in the same document, in 3 of its 5 moves.

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  2. 1Decline in Sales and Profit Due to the Semiconductor Market Slowdown3×
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