Risk of Operational Disruptions and Recovery Costs Caused by Natural Disasters and Fires
First written in FY2017. 5 of 12 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2018: 32 of 132 companies on the "Worse" side.
- FY2025WorsenedAnnual report
「We have implemented disaster countermeasures at each business and manufacturing site for disasters that have become more severe and frequent in recent years, including earthquakes, wind and flood damage, and the spread of infectious diseases. However, disasters exceeding anticipated levels could hinder production and sales activities through supply chain stagnation or disruption, damage to facilities, employee illness and the interruption of lifelines, potentially materially affecting operating results and financial condition.」
The company adds its recognition that natural disasters and infectious diseases are becoming more severe and frequent, while continuing to identify their potential effects on the supply chain, facilities, employees and lifelines. - FY2022RestatedAnnual report
「Regarding the impact of COVID-19 on operating results, there was no significant impact on demand related to our group.」
While continuing to recognize operating risks from natural disasters and infectious diseases, the company states that COVID-19 had no significant impact on related demand. - FY2022-Q3RestatedAnnual report
「Regarding the impact of COVID-19 on operating results, there was no significant impact on demand related to our group.」
The company continues to recognize that COVID-19 had no significant impact on operating results related to demand for the group's products and services. - FY2022-Q2MitigatedAnnual report
「Regarding the impact of COVID-19 on operating results, there was no significant impact on demand related to our group.」
For the current cumulative quarter, the company reports that COVID-19 had no significant impact on operating results related to demand for the group's products and services. - FY2021RestatedAnnual report
「We have implemented disaster countermeasures at each business and manufacturing site for disasters including earthquakes, wind and flood damage, and the spread of infectious diseases. However, disasters exceeding anticipated levels could hinder production and sales activities through supply chain stagnation or disruption, damage to facilities, employee illness and the interruption of lifelines, potentially materially affecting operating results and financial condition.」
The company continues to disclose the risk of natural disasters and infectious diseases affecting the supply chain, facilities, employees and lifelines, together with countermeasures at each site. - FY2021-Q3RestatedAnnual report
「Regarding the impact of COVID-19 on operating results, there has been no significant impact to date on the electricity and telecommunications industries, among others, related to our group. However, there have been reports of delays in construction design and bidding activities, and we will continue to monitor developments closely.」
While stating that the current impact on operating results in industries such as electricity and telecommunications is not significant, the company continues to express concern about delays in construction design and bidding activities. - FY2021-Q2RestatedAnnual report
「Regarding the impact of COVID-19 on operating results, there has been no significant impact to date because the electricity and telecommunications industries, among others, in which our group operates provide social infrastructure. However, there have been reports of delays in construction design and bidding activities, and we will continue to monitor developments closely.」
While stating that the current impact on social infrastructure-related businesses such as electricity and telecommunications is not significant, the company continues to express concern about delays in construction design and bidding activities. - FY2021-Q1Limited impact to date, with concerns about delaysAnnual report
「Regarding the impact of COVID-19 on operating results, there has been no significant impact to date because the electricity and telecommunications industries in which our group operates provide social infrastructure. However, there have been reports of delays in construction design and bidding activities, and we will continue to monitor developments closely.」
While stating that the current impact on operating results is not significant because the electricity and telecommunications industries provide social infrastructure, the company cites reports of delays in construction design and bidding activities and says it will continue to monitor the future impact. - FY2020SoftenedAnnual report
「We have implemented disaster countermeasures at each business and manufacturing site for disasters including earthquakes, wind and flood damage, and the spread of infectious diseases. However, disasters exceeding anticipated levels could hinder business operations through supply chain stagnation or disruption, damage to facilities, employee illness and the interruption of lifelines, creating a risk of a material impact on operating results and financial condition. We expect the impact of the current COVID-19 pandemic on our group to be limited.」
The company continues to disclose operating risks from natural disasters and infectious diseases, while explicitly stating that the impact of the current COVID-19 pandemic is expected to be limited. - FY2020-Q3MaterialisedAnnual report
「The traffic signal-related business was sluggish, partly due to the impact of typhoon damage.」
The impact of typhoon damage was described as an actual manifestation of the natural disaster risk previously disclosed, in the form of weakness in the traffic signal-related business. - FY2019WorsenedAnnual report
「We have implemented disaster countermeasures at each business and manufacturing site for natural disasters, including earthquakes, but disasters exceeding anticipated levels could disrupt production and sales activities through the interruption of lifelines, damage to facilities and other factors. Similar disruption could also result from the spread of infectious diseases, creating a risk of a material impact on operating results and financial condition.」
The company has expanded the scope of its risk disclosure from natural disasters and fires to include the risk of operating stoppages and disruptions to production and sales activities caused by the spread of infectious diseases. - FY2017First statedAnnual report
「If a natural disaster such as an earthquake or typhoon, or an accidental disaster such as a fire, occurs, facilities and other assets at our group's sites may suffer significant damage, potentially interrupting some or all operations and delaying production and shipments. In addition, substantial costs may be incurred to repair damaged facilities and other assets, which could consequently affect our group's business, operating results and financial condition.」
The company identifies as a business risk the possibility that natural disasters or fires could damage facilities at its sites, causing business interruptions, delays in production and shipments, and restoration costs.