Business Interruption Risk from Natural Disasters and System Failures
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: FY2023.
Career moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 31 of 72 companies on the "Worse" side.
64 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Our group’s business activities depend heavily on computer systems and networks, and our group’s business management systems hold large amounts of personal information on registered staff and basic information on client companies. We have therefore taken measures to prepare for unforeseen events, including strengthening system security and backup arrangements. However, if business management systems or other systems fail due to human error, natural disasters or other causes despite these measures, our group’s business activities could be affected.」
The risk of natural disasters and system failures affecting business management, attendance management, payroll, billing and credit management is reiterated, along with security and backup measures. - FY2022RestatedAnnual report
「Our group’s business activities depend heavily on computer systems and networks, and our group’s business management systems hold large amounts of personal information on registered staff and basic information on client companies. We have therefore taken measures to prepare for unforeseen events, including strengthening system security and backup arrangements. However, if business management systems or other systems fail due to human error, natural disasters or other causes despite these measures, our group’s business activities could be affected.」
The risk of natural disasters and system failures affecting business management, attendance management, payroll, billing and credit management is reiterated, along with security and backup measures. - FY2021RestatedAnnual report
「If the disruption continues for an extended period, it could hinder attendance management for staff, payroll payments, billing clients and credit management, reducing the reliability of the services provided by our group and affecting its performance.」
The impact of prolonged natural disasters or system failures on attendance management, payroll, billing and credit management is reiterated. - FY2020RestatedAnnual report
「If the disruption continues for an extended period, it could hinder attendance management for staff, payroll payments, billing clients and credit management, reducing the reliability of the services provided by our group and affecting its performance.」
The impact of prolonged natural disasters or system failures on attendance management, payroll, billing and credit management is reiterated. - FY2019RestatedAnnual report
「Given the nature of the human resources services business, we work with a large number of staff and client companies. Confirming staff safety and adjusting contract terms require a substantial operational burden, which could affect our group’s business operations as well as its financial condition and performance.」
The risks to safety checks, contract adjustments, attendance management, payroll and billing during natural disasters or system failures continue to be described. - FY2018WorsenedAnnual report
「Given the nature of the human resources services business, we work with a large number of staff and client companies. Confirming staff safety and adjusting contract terms require a substantial operational burden, which could affect our business operations as well as our financial condition and performance. In addition, our business activities depend heavily on computer systems and networks, and our business management systems hold large amounts of personal information on registered staff and basic information on client companies.」
The potential impact of natural disasters and system failures is specified, including the operational burden of confirming staff safety and adjusting contracts, and disruptions to attendance management, payroll payments, billing and credit management if the disruption is prolonged. - FY2017WorsenedAnnual report
「We have sales offices throughout Japan and will respond promptly and appropriately to natural disasters such as earthquakes, tsunamis and typhoons. However, an unforeseen large-scale disaster could make it difficult to maintain certain business operations.」
The risk from natural disasters is specified as the difficulty of maintaining business operations due to earthquakes, tsunamis, typhoons and unforeseen large-scale disasters. - FY2016First statedAnnual report
「Our business activities depend heavily on computer systems and networks, and our business management systems hold large amounts of personal information on registered staff and basic information on client companies. We have therefore taken measures to prepare for unforeseen events, including strengthening system security and backup arrangements. However, if business management systems or other systems fail due to human error, natural disasters or other causes despite these measures, our business activities could be affected.」
The potential impact on business operations of natural disasters affecting locations nationwide and failures of business management systems and networks is identified.