Operational Shutdowns Caused by Natural Disasters, Occupational Accidents and Equipment Accidents
First written in FY2016. 14 of 23 entries say "Materialised", first in FY2017-Q2. Latest entry: 2026-10-19.
Nakayama Steel Works moved to the "Worse" side of this theme in 2016, 4 years before the typical company in this theme (2020).
The whole theme swung hardest in 2021: 6 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026MaterialisedAnnual report
「The accident at Substation No. 5 on 26 September forced our electric arc furnace to suspend operations, resulting in a substantial production cut, with output at approximately 60% of the previous fiscal year’s level. Operations have continued smoothly since restarting on 24 December.」
The electric furnace was shut down by the accident at Substation No. 5, reducing production to approximately 60% of the previous fiscal year's level. The disclosure states that operations continued smoothly after the resumption of operations on 24 December. - FY2025-H1MitigatedAnnual report
「Equipment problems caused by aging in the same period of the previous year were resolved」
It was stated that equipment problems caused by aging in the same period of the previous year had been resolved, indicating that risks related to equipment accidents and production stoppages had been addressed. - FY2024MaterialisedAnnual report
「Crude steel production decreased 10.7% year on year, mainly because of equipment problems at the Company's electric furnace.」
Equipment problems at the electric furnace also affected annual crude steel production, which decreased 10.7% year on year. - FY2024-Q3MitigatedAnnual report
「The remedial construction work carried out in early October in response to the equipment trouble was completed, and stable operations have continued since then.」
It was stated that equipment problems at the electric furnace occurred, but stable operations have continued since the remedial work was completed in early October. - FY2024-Q2MaterialisedAnnual report
「Crude steel production decreased 17.0% year on year, mainly because of equipment problems at the Company's electric furnace.」
Equipment problems at the electric furnace actually occurred, and crude steel production decreased 17.0% year on year. - FY2023MaterialisedAnnual report
「Insurance proceeds related to compensation for damage caused by an accident at a facility operated under contract by the Company.」
An accident occurred at a facility operated under contract, and insurance proceeds of ¥152 million and compensation for damages of ¥152 million were recognized. Risks related to equipment and operational accidents have materialized as actual losses. - FY2021WorsenedAnnual report
「The Company recognized ¥99 million in restoration costs arising from an accident at the plating plant and other facilities at its Funamachi Plant.」
¥99 million in losses related to a plant accident was recognized, an increase from ¥92 million in the previous fiscal year. - FY2021-Q3WorsenedAnnual report
「Losses related to a plant accident 82」
¥82 million in losses related to a plant accident was recognized, an increase from the ¥59 million disclosed previously. - FY2021-Q2MaterialisedAnnual report
「Losses related to a plant accident 59」
¥59 million in losses related to a plant accident was recognized as a non-operating expense, confirming that losses associated with the plant accident actually occurred. - FY2021-Q1MaterialisedAnnual report
「Extraordinary losses decreased by ¥66 million from the same period of the previous year, mainly because the Company recognized ¥23 million in extraordinary losses, including ¥12 million in disaster-related losses, for the three months ended the first quarter.」
The Company recognized ¥12 million in disaster-related losses in the current quarter, confirming that losses associated with natural disasters actually occurred. However, total extraordinary losses decreased from the same period of the previous year. - FY2020-Q3MitigatedAnnual report
「The Company recognized total extraordinary losses of ¥376 million for the nine months ended the third quarter, including ¥103 million in losses on disposal of fixed assets, ¥100 million in impairment losses, ¥78 million in environmental costs and ¥55 million in provision for dismantling and removal costs. However, extraordinary losses decreased by ¥868 million from the same period of the previous year, mainly because disaster-related losses of ¥960 million recognized in the same period of the previous year declined.」
Disaster-related losses of ¥960 million caused by typhoons and other events in the same period of the previous year decreased, easing the burden of disaster-related losses. - FY2020-Q2MitigatedAnnual report
「The Company recognized total extraordinary losses of ¥216 million for the six months ended the second quarter, including ¥98 million in provision for dismantling and removal costs and ¥75 million in environmental costs. However, extraordinary losses decreased by ¥155 million from the same period of the previous year, mainly because disaster-related losses of ¥241 million recognized in the same period of the previous year declined.」
Disaster-related losses caused by typhoons and other events in the same period of the previous year decreased, easing the burden of disaster-related losses from the same period of the previous year. - FY2019MaterialisedAnnual report
「¥802 million in costs to restore buildings and other property to their original condition or losses on their disposal arising from damage caused by Typhoons 21 and 24 in 2018, and ¥163 million in damage to inventories.」
Damage to buildings and other property and inventories caused by Typhoons 21 and 24 actually occurred, and ¥966 million in disaster-related losses was recognized. - FY2019-Q2MaterialisedAnnual report
「¥99 million in costs to restore buildings and other property to their original condition or losses on their disposal arising from damage caused by Typhoons 21 and 24 in 2018, and ¥142 million in inventory valuation losses.」
Damage to buildings and other property caused by Typhoons 21 and 24, inventory valuation losses, and adverse effects on plant operations and shipments actually occurred, and ¥241 million in disaster-related losses was recognized. - FY2017-Q2MaterialisedAnnual report
「In September 2016, a small temporary landing facility owned by the Company's Nagoya Office collapsed. The facility had been unused in recent years, and the incident did not affect operations at the office.」
The collapse of the unused temporary landing facility at the Nagoya Office actually occurred. However, it is explained that the incident had no impact on operations at the office. - FY2016First statedAnnual report
「If manufacturing plants across the Group, including the Company's Funamachi Plant, are hit by a major typhoon, earthquake or other natural disaster, or if a serious workplace accident or equipment accident occurs, operations could be disrupted and operating results could be affected.」
Natural disasters, workplace accidents and equipment accidents at plants are identified as risks to business continuity.