Concentration of production in Wakayama Prefecture
First written in FY2017. 2 of 6 entries say "Worsened", first in FY2018. Latest entry: FY2024.
Shima Seiki Mfg. moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「The company operates on a just-in-time production system, so the impact would increase if a shutdown continued. Accordingly, it has taken measures including obtaining various types of insurance, developing a business continuity plan to minimize production shutdowns, conducting earthquake-resistance work on buildings and other facilities, carrying out emergency drills, and introducing a system for confirming the safety of personnel, thereby establishing a framework for early recovery. However, if a disaster or other event exceeding the assumed scale of damage occurs, business continuity could be affected by functional shutdowns, damage to facilities, interruptions to infrastructure supplies, and suspension of transportation and communications services.」
Regarding the risk associated with concentrated production in Wakayama Prefecture, the scope of risks has been specified and expanded to include the just-in-time production system, fires, infectious diseases and the impact of disasters exceeding the assumed scale of damage, while existing measures such as the BCP continue. - FY2023RestatedAnnual report
「Accordingly, the company has taken measures including obtaining various types of insurance, developing a business continuity plan to minimize production shutdowns, conducting earthquake-resistance work on buildings and other facilities, carrying out emergency drills, and introducing a system for confirming the safety of personnel, thereby establishing a framework for early recovery.」
The company continues to address the risk associated with concentrated production in Wakayama Prefecture through insurance, a BCP, earthquake-resistance work, drills and a personnel safety confirmation system. - FY2021MitigatedAnnual report
「Accordingly, the company has taken measures including obtaining various types of insurance, developing a business continuity plan to minimize production shutdowns, conducting earthquake-resistance work on buildings and other facilities, carrying out emergency drills, and introducing a system for confirming the safety of personnel, thereby establishing a framework for early recovery.」
Although the risk associated with concentrated production in Wakayama Prefecture remains, specific measures including insurance, a BCP, earthquake-resistance work, drills and a personnel safety confirmation system have been described. - FY2019RestatedAnnual report
「The company concentrates production of its products in Wakayama Prefecture, where its head office is located, and seeks to improve efficiency through an integrated system covering development through manufacturing. Consequently, if a major earthquake or other disaster occurs near Wakayama Prefecture, production lines could remain shut down for an extended period. In addition, if a situation arises in which a stable power supply cannot be secured, production may not proceed as planned, potentially affecting the Group's operating results and financial position.」
The company has reconfirmed the earthquake and power-supply risks associated with concentrated production in Wakayama Prefecture within the same scope. - FY2018WorsenedAnnual report
「Consequently, if a major earthquake or other disaster occurs near Wakayama Prefecture, production lines could remain shut down for an extended period. In addition, if a situation arises in which a stable power supply cannot be secured, production may not proceed as planned, potentially affecting the Group's operating results and financial position.」
In addition to the existing risk of shutdowns caused by earthquakes, the company has added the risk of production targets not being met due to an unstable power supply. - FY2017First statedAnnual report
「The company concentrates production of its products in Wakayama Prefecture, where its head office is located, and seeks to improve efficiency through an integrated system covering development through manufacturing. Consequently, if a major earthquake or other disaster occurs near Wakayama Prefecture, production lines could remain shut down for an extended period.」
While the integrated development-to-manufacturing system improves efficiency, the company identifies the disaster and prolonged shutdown risks associated with concentrated production in Wakayama Prefecture.