Impact of Natural and Human-Caused Disasters on Agents and Leased Properties
First written in FY2023. 1 of 3 entries say "Reframed", first in FY2024. Latest entry: FY2025.
The whole theme swung hardest in 2020: 76 of 118 companies on the "Worse" side.
- FY2025RestatedAnnual report
「If a natural disaster such as an earthquake or storm and flood damage, a large-scale infectious disease outbreak or other human-caused disaster such as an accident, fire, war, riot or terrorist attack occurs, properties managed by agent property management companies and other entities, and rental properties, could be damaged, destroyed or deteriorated, or employees could suffer from infectious diseases, disrupting the operations of the property management companies and others. In addition, if our head office, branches or employees suffer damage similar to that experienced by the property management companies, our business operations could be disrupted, which could affect our financial position and operating results.」
The risk involving natural disasters, infectious diseases and human-caused disasters, including their impact on agents, rental properties, our own head office and branches, and employees, continues to be disclosed. - FY2024ReframedAnnual report
「If a natural disaster such as an earthquake or storm and flood damage, a large-scale infectious disease outbreak or other human-caused disaster such as an accident, fire, war, riot or terrorist attack occurs, properties managed by agent property management companies and other entities, and rental properties, could be damaged, destroyed or deteriorated, or employees could suffer from infectious diseases, disrupting the operations of the property management companies and others. In addition, if our head office, branches or employees suffer damage similar to that experienced by the property management companies, our business operations could be disrupted, which could affect our financial position and operating results.」
The scope has been expanded from the previous risk involving natural disasters and other events affecting agents and rental properties to include large-scale infectious diseases, harm to employees and damage to our own head office and branches. - FY2023First statedAnnual report
「If a natural disaster such as an earthquake or storm and flood damage, or a human-caused disaster such as an accident, fire, war, riot or terrorist attack occurs, properties managed by agent property management companies and other entities, and rental properties, could be damaged, destroyed or deteriorated. If this disrupts the operations of the property management companies and others, it could affect our financial position and operating results.」
Low likelihood, high impact.