Operational Disruptions Caused by Natural Disasters and Infectious Diseases
First written in FY2018. 5 of 11 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2018: 33 of 131 companies on the "Worse" side.
- FY2024RestatedAnnual report
「The severe impact on operations at the Chita and Hoshizaki plants from natural disasters such as a Nankai Trough megaquake and large-scale flooding associated with climate change」
The disclosure again identifies the impact of earthquakes and flooding on operations at key plants, along with measures such as seismic reinforcement and securing tsunami evacuation sites. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter, the Japanese economy showed signs of recovery as economic activity normalized, but a difficult business environment continued due to surging raw material prices and supply chain disruptions arising from the prolonged situation in Ukraine and the impact of lockdowns in China, as well as the recent resurgence of COVID-19 infections.」
While economic activity has shown signs of recovery as it normalizes, the renewed spread of infections has continued and uncertainty in the external environment, including infectious diseases, has persisted. - FY2022ReframedAnnual report
「The severe impact on operations at the Chita and Hoshizaki plants from natural disasters such as a Nankai Trough megaquake and large-scale flooding associated with climate change」
Natural disaster risks were specified as the impact on key plants from a Nankai Trough megaquake and large-scale flooding, while the health and business activity risks posed by COVID-19 and the corresponding measures were organized separately. - FY2022-Q3WorsenedAnnual report
「The Japanese economy during the cumulative third quarter under review showed signs of recovery as the spread of COVID-19 vaccinations gradually eased restrictions on people's activities. However, infections have recently begun to spread again due to the emergence of new variants, and the outlook remains uncertain.」
Regarding the impact of the pandemic, capital investment and economic activity were described as recovering due to vaccinations and the easing of restrictions on activities, while infections have spread again due to new variants. - FY2022-Q2RestatedAnnual report
「Further economic recovery is expected as vaccination progresses, various policy measures take effect and overseas economies improve, but the outlook requires close monitoring given downside risks from impacts through supply chains and developments in COVID-19.」
While expectations for an economic recovery were expressed, the assessment that developments in COVID-19 could affect the outlook was reaffirmed. - FY2022-Q1RestatedAnnual report
「The Japanese economy during the cumulative first quarter under review was on a recovery trend, supported by a recovery in capital investment and industrial production, but the situation remained uncertain due to the ongoing impact of COVID-19.」
The disclosure states that while the uncertain economic situation caused by the pandemic has continued, capital investment and industrial production have shown signs of recovery. - FY2021-Q3WorsenedAnnual report
「However, infections have recently begun to spread again, and the outlook remains uncertain.」
While the impact of the pandemic has emerged in the actual economic environment, infections have recently spread again and uncertainty about the outlook has continued. - FY2021-Q2RestatedAnnual report
「The Japanese economy during the cumulative second quarter under review remained in a difficult situation due to the impact of COVID-19.」
The deterioration in the economic environment caused by the pandemic continued into the second quarter, reaffirming the infectious disease risk that had already materialized. - FY2021-Q1MaterialisedAnnual report
「The Japanese economy during the cumulative first quarter under review remained in an extremely difficult situation due to the spread of COVID-19.」
Previously, operational disruptions caused by a pandemic had been identified as a possibility, but the spread of COVID-19 is now described as an actual deterioration in the economic environment. - FY2019MitigatedAnnual report
「In response to pandemics of various infectious diseases, the Group stores protective equipment and hygiene supplies necessary for infection prevention, provides employees and others with training on infection prevention, and has established procedures for setting up an emergency response headquarters. However, changes in social conditions during a pandemic may disrupt operations and affect operating results.」
Specific measures to address infectious disease risks include stockpiling protective equipment and hygiene supplies, providing training and establishing an emergency response headquarters. - FY2018First statedAnnual report
「Many of the Group's manufacturing sites, including the Chita Plant, are located in Aichi Prefecture. In addition to advancing disaster preparedness measures such as enhanced earthquake resistance, the Group is taking various measures to protect lives from tsunami damage and prevent disruption to existing supply chains. However, if natural disasters such as the anticipated Tokai, Tonankai or Nankai earthquakes occur, operations may be disrupted and operating results may be affected.」
Against a backdrop of the regional concentration of manufacturing sites, the disclosure describes the risk of operational disruptions from natural disasters such as earthquakes and tsunamis, as well as disaster preparedness and supply chain measures.