Risk of production disruption and suspension of operations due to natural disasters
First written in FY2016. 6 of 11 entries say "Mitigated", first in FY2021-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2018: 33 of 131 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「In 2025, the Group formulated company-wide disaster preparedness guidelines for each of its business sites and locations, and is conducting PDCA activities to maintain and strengthen its crisis response capabilities, including monitoring and supporting initiatives at each location.」
In response to the risk of suspension of operations due to natural disasters, infectious diseases, fires and other events, the Group has progressed to measures involving company-wide disaster preparedness guidelines, site monitoring, and education and training. - FY2024MitigatedAnnual report
「Based on the lessons learned from the 2011 floods in Thailand, the Group implemented measures from a BCP perspective, including diversifying sites and constructing flood barriers around its facilities.」
In response to the risk of suspension of operations due to natural disasters, specific measures were disclosed, including site diversification, flood barriers and slope stabilization based on lessons learned from past floods. - FY2022-Q3MitigatedAnnual report
「The Company received finalized insurance proceeds for losses on the destruction of assets and other losses caused by the fire that occurred in the Kingdom of Morocco in May 2020. Insurance proceeds that have not yet been finalized are scheduled to be recognized once the amounts are determined.」
The Group has continued to receive finalized insurance proceeds for the fire losses at the Moroccan subsidiary and plans to recognize the remaining proceeds once their amounts are determined. - FY2021MitigatedAnnual report
「Losses on the destruction of the assets damaged by the fire and other related losses are covered by insurance. During the current consolidated fiscal year, part of the insurance proceeds became fixed, and the amount was recognized as insurance proceeds under extraordinary income.」
Regarding the fire losses at the Moroccan subsidiary, ¥773 million in insurance proceeds was recognized as extraordinary income, advancing the recovery of the losses. - FY2021-Q3MitigatedAnnual report
「Losses on the destruction of the assets damaged by the fire and other related losses are covered by insurance. During the first nine months of the current consolidated fiscal year, part of the insurance proceeds became fixed, and the amount was recognized as insurance proceeds under extraordinary income.」
Regarding the fire losses at the Moroccan subsidiary, ¥643 million in insurance proceeds was finalized and recognized as extraordinary income. Insurance coverage for the ¥1,082 million in fire-related losses is taking concrete form. - FY2021-Q2MitigatedAnnual report
「Losses on the destruction of the assets damaged by the fire and other related losses are covered by insurance. During the first six months of the current consolidated fiscal year, part of the insurance proceeds became fixed, and the amount was recognized as insurance proceeds under extraordinary income.」
Losses from the fire at the Moroccan subsidiary continued to be recognized, while part of the insurance proceeds was finalized and recognized as extraordinary income. - FY2021-Q1MaterialisedAnnual report
「The Company recognized as extraordinary losses the loss on the destruction of assets and idle costs resulting from the suspension of plant operations due to a fire that occurred in May of this year at Fujikura Automotive Morocco Tangier,S.A.S., the Company's consolidated subsidiary located in the Kingdom of Morocco.」
A fire actually occurred at the Moroccan subsidiary manufacturing automotive wire harnesses, and ¥714 million in losses on the destruction of assets and costs associated with the suspension of operations were recognized. - FY2020MaterialisedAnnual report
「In the following consolidated fiscal year, the Company recognized ¥714 million in extraordinary losses, including loss on the destruction of assets caused by a fire and idle costs resulting from the suspension of plant operations.」
Regarding the risk of suspension of operations due to natural disasters or accidents, a fire occurred at the Group's Moroccan subsidiary manufacturing automotive wire harnesses, and losses on the destruction of assets and other items were recognized in the following fiscal year. - FY2018RestatedAnnual report
「The Group has numerous plants in Japan and overseas. If a natural disaster such as a major earthquake or typhoon-related flooding or other wind and water damage occurs in one of these areas and damages production facilities, the Group's production structure, financial condition and operating results may be affected by lower production capacity resulting from a suspension of operations, higher costs to repair facilities and other factors.」
The risk of suspension of operations and lower production capacity due to natural disasters has been reiterated. - FY2017RestatedAnnual report
「The Group has numerous plants in Japan and overseas. If a natural disaster such as a major earthquake or typhoon-related flooding or other wind and water damage occurs in one of these areas and damages production facilities, the Group's production structure, financial condition and operating results may be affected by lower production capacity resulting from a suspension of operations, higher costs to repair facilities and other factors.」
The risk of suspension of operations and lower production capacity due to natural disasters has been reiterated. - FY2016First statedAnnual report
「The Group has numerous plants in Japan and overseas. If a natural disaster such as a major earthquake or typhoon-related flooding or other wind and water damage occurs in one of these areas and damages production facilities, the Group's production structure, financial condition and operating results may be affected by lower production capacity resulting from a suspension of operations, higher costs to repair facilities and other factors.」
Business continuity risk associated with operating numerous plants in Japan and overseas.