Risk of damage to global facilities from natural disasters, conflicts and terrorism
First written in FY2017. 1 of 4 entries say "Materialised", first in FY2020. Latest entry: FY2022.
The whole theme swung hardest in 2018: 32 of 132 companies on the "Worse" side.
- FY2022RestatedAnnual report
「As part of its business continuity plan (BCP) measures, the Group has installed seismic isolation equipment in some buildings at its Isehara facility and built a disaster-prevention energy center equipped with in-house power generation, water supplies and food stockpiles. It is also promoting the expansion of manufacturing sites in Japan and overseas to diversify risks related to production activities and supply.」
It reconfirms BCP and supply-risk diversification measures involving seismic isolation, in-house power generation, water supplies and food stockpiles, and the expansion of manufacturing sites in Japan and overseas. - FY2021MitigatedAnnual report
「As part of its business continuity plan (BCP) measures, the Group has installed seismic isolation equipment in some buildings at its Isehara facility and built a disaster-prevention energy center equipped with in-house power generation, water supplies and food stockpiles.」
For the risk of damage to sites from natural disasters, infectious diseases and conflicts, it describes seismic isolation, in-house power generation, water supplies and food stockpiles, as well as risk diversification through the expansion of manufacturing sites in Japan and overseas. The risk of stagnating capital investment due to infectious diseases remains in place. - FY2020MaterialisedAnnual report
「In addition, the global economy appears certain to experience negative growth as the COVID-19 pandemic spreads, and the resulting stagnation in capital investment by manufacturers is expected to affect the Group's performance.」
In addition to the existing risks of natural disasters, conflicts and terrorism, it newly specifies the risk of widespread infectious disease outbreaks, including stagnation in capital investment due to COVID-19 and the suspension of sales and production activities in China. - FY2017First statedAnnual report
「If major damage occurs as a result of natural disasters such as earthquakes and floods, or conflicts and terrorism, in and around those areas, and recovery and reconstruction are prolonged, this could affect the Group's performance.」
With production and sales sites located globally, it identifies damage to sites from natural disasters, conflicts and terrorism, together with prolonged recovery, as risks.