Concentration of Production Equipment at Wakayama Plant
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 21 of 75 companies on the "Worse" side.
52 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The company has concentrated its production facilities at the Wakayama Plant to improve operating efficiency. As a result, if the Wakayama Plant were to cease operating because of a natural disaster or other event, the company's results could be materially affected.」
The concentration of production equipment at the Wakayama Plant and the risk of disruption if the plant is shut down have continued to be disclosed. Work is also progressing to integrate this into the company-wide disaster-response BCP manual. - FY2023RestatedAnnual report
「The company has concentrated its production facilities at the Wakayama Plant to improve operating efficiency. As a result, if the Wakayama Plant were to cease operating because of a natural disaster or other event, the company's results could be materially affected.」
The concentration of production equipment at the Wakayama Plant and the risk of disruption if the plant is shut down have continued to be disclosed. Integration into the BCP manual is also ongoing. - FY2022RestatedAnnual report
「As a measure to address this risk, the company has begun work to integrate emergency measures and stockpile arrangements currently managed at each site into a company-wide Disaster Response BCP Manual that prioritizes the safety of employees and others.」
The company continues to work on integrating site-specific disaster response measures into its company-wide BCP to address the risk associated with concentrating production facilities at the Wakayama Plant. - FY2021MitigatedAnnual report
「As a measure to address this risk, the company is moving quickly to integrate emergency measures and stockpile arrangements currently managed at each site into a company-wide Disaster Response BCP Manual that prioritizes the safety of employees and others.」
To address the risk associated with concentrating production facilities at the Wakayama Plant, the company began integrating site-specific measures into a company-wide Disaster Response BCP Manual. - FY2019-Q3MaterialisedAnnual report
「Because the company's Wakayama Plant was damaged by Typhoons No. 20 and No. 21 in 2018, ¥146 million in costs to restore buildings and other facilities to their original condition was recorded as a loss from a disaster under extraordinary losses.」
The damage to the Wakayama Plant resulted in ¥146 million in costs to restore buildings and other facilities to their original condition being recorded as an extraordinary loss. The business continuity risk associated with concentrating production facilities at a single plant materialized. - FY2016First statedAnnual report
「The company has concentrated its production facilities at the Wakayama Plant to improve operating efficiency. As a result, if the Wakayama Plant were to cease operating because of a natural disaster or other event, the company's results could be materially affected.」
While concentration at a single plant improves efficiency, the company has disclosed a business continuity risk if that plant ceases operations.